See more : La Française des Jeux Société anonyme (FDJ.PA) Income Statement Analysis – Financial Results
Complete financial analysis of Textron Inc. (TXT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Textron Inc., a leading company in the Aerospace & Defense industry within the Industrials sector.
You may be interested
- Jerónimo Martins, SGPS, S.A. (JRONF) Income Statement Analysis – Financial Results
- Ares Acquisition Corporation II (AACT) Income Statement Analysis – Financial Results
- Vivint Smart Home, Inc. (VVNT) Income Statement Analysis – Financial Results
- BridgeBio Pharma, Inc. (BBIO) Income Statement Analysis – Financial Results
- Inventronics Limited (IVX.V) Income Statement Analysis – Financial Results
Textron Inc. (TXT)
About Textron Inc.
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. Its Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The company's Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. Its Industrial segment offers blow-molded plastic fuel systems, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, and plastic tanks for catalytic reduction systems primarily to automobile original equipment manufacturers; and golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The company's Finance segment provides financing services to purchase new and pre-owned aircraft and bell helicopters. It serves in the United States, Europe, Asia, Australia, and internationally. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.68B | 12.87B | 12.38B | 11.65B | 13.63B | 13.97B | 14.20B | 13.79B | 13.42B | 13.88B | 12.10B | 12.24B | 11.28B | 10.53B | 10.50B | 14.25B | 13.23B | 11.49B | 10.04B | 10.24B | 9.86B | 10.66B | 12.32B | 13.09B | 11.58B | 9.68B | 10.54B | 9.27B | 9.97B | 9.68B | 9.08B | 8.35B | 7.84B | 7.92B | 6.43B | 7.29B | 5.39B | 5.02B | 4.04B |
| Cost of Revenue | 11.41B | 10.80B | 10.30B | 10.09B | 11.41B | 11.59B | 11.80B | 11.31B | 10.98B | 11.42B | 10.13B | 10.02B | 10.68B | 8.61B | 10.03B | 10.76B | 9.72B | 8.53B | 7.46B | 7.89B | 7.67B | 8.22B | 9.76B | 9.53B | 8.67B | 7.21B | 6.40B | 5.45B | 4.88B | 5.12B | 4.93B | 4.12B | 3.96B | 4.15B | 3.94B | 4.07B | 4.22B | 3.89B | 3.08B |
| Gross Profit | 2.28B | 2.07B | 2.09B | 1.56B | 2.22B | 2.38B | 2.40B | 2.48B | 2.44B | 2.46B | 1.97B | 2.22B | 591.00M | 1.92B | 475.00M | 3.49B | 3.51B | 2.96B | 2.58B | 2.35B | 2.19B | 2.44B | 2.56B | 3.56B | 2.91B | 2.47B | 4.14B | 3.82B | 5.09B | 4.57B | 4.15B | 4.23B | 3.88B | 3.77B | 2.49B | 3.21B | 1.17B | 1.13B | 962.20M |
| Gross Profit Ratio | 16.65% | 16.08% | 16.84% | 13.36% | 16.32% | 17.02% | 16.92% | 17.96% | 18.21% | 17.70% | 16.30% | 18.13% | 5.24% | 18.24% | 4.52% | 24.49% | 26.53% | 25.78% | 25.68% | 22.93% | 22.21% | 22.87% | 20.79% | 27.17% | 25.11% | 25.53% | 39.29% | 41.23% | 51.08% | 47.17% | 45.70% | 50.65% | 49.55% | 47.58% | 38.73% | 44.08% | 21.73% | 22.50% | 23.83% |
| Research & Development | 570.00M | 601.00M | 619.00M | 549.00M | 647.00M | 643.00M | 634.00M | 677.00M | 778.00M | 694.00M | 651.00M | 584.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.00M | 0.00 | 0.00 | 0.00 | 0.00 | 33.00M | 0.00 | 0.00 | 58.00M | 81.00M | 1.52B | 1.61B | 1.48B | 1.21B | 1.04B | 1.76B | 1.60B | 1.72B | 1.49B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.28B | 1.34B | 0.00 | 1.30B | 1.36B | 1.13B | 1.17B | 0.00 | 0.00 | 0.00 | 0.00 | 1.69B | 0.00 | 0.00 | 1.38B | 1.29B | -138.00M | -82.00M | 0.00 | 0.00 | 0.00 | -256.00M | -230.00M | -169.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 1.23B | 1.19B | 1.22B | 1.05B | 1.15B | 1.28B | 1.34B | 1.30B | 1.30B | 1.36B | 1.13B | 1.17B | 114.00M | 1.23B | 164.00M | 1.64B | 1.69B | 1.52B | 1.40B | 1.38B | 1.29B | 1.38B | 1.53B | 1.48B | 1.21B | 1.04B | 1.50B | 1.37B | 1.55B | 1.49B | 1.44B | 1.45B | 1.34B | 1.34B | 2.14B | 1.28B | 604.30M | 610.20M | 571.80M |
| Other Expenses | 0.00 | 240.00M | 159.00M | 83.00M | 113.00M | 76.00M | 130.00M | 0.00 | 0.00 | 52.00M | 0.00 | 212.00M | 201.00M | 143.00M | 267.00M | 234.00M | 484.00M | 26.00M | 29.00M | 379.00M | 414.00M | 565.00M | 610.00M | 969.00M | 232.00M | 305.00M | 982.00M | 961.00M | 1.12B | 398.00M | 280.80M | 396.20M | 222.80M | 220.00M | 214.30M | 204.70M | 170.30M | 118.70M | 98.90M |
| Operating Expenses | 1.80B | 1.19B | 1.22B | 1.05B | 1.15B | 1.28B | 1.34B | 1.30B | 1.30B | 1.36B | 1.13B | 1.17B | 114.00M | 1.37B | 164.00M | 1.87B | 1.73B | 1.55B | 1.43B | 1.44B | 1.36B | 1.52B | 1.27B | 1.98B | 1.65B | 1.40B | 1.93B | 1.76B | 1.97B | 1.89B | 1.72B | 1.84B | 1.56B | 1.56B | 2.36B | 1.48B | 774.60M | 728.90M | 670.70M |
| Cost & Expenses | 12.63B | 11.99B | 11.52B | 11.14B | 12.56B | 12.87B | 13.13B | 12.62B | 12.28B | 12.78B | 11.26B | 11.18B | 10.80B | 9.98B | 10.19B | 12.63B | 11.44B | 10.08B | 8.90B | 9.34B | 9.03B | 9.74B | 11.03B | 11.51B | 10.32B | 8.62B | 8.34B | 7.21B | 6.85B | 7.00B | 6.65B | 5.96B | 5.52B | 5.71B | 6.30B | 5.55B | 4.99B | 4.62B | 3.75B |
| Interest Income | 0.00 | 94.00M | 124.00M | 145.00M | 146.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.00M | 16.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 77.00M | 107.00M | 142.00M | 166.00M | 171.00M | 166.00M | 174.00M | 174.00M | 169.00M | 191.00M | 173.00M | 212.00M | 140.00M | 270.00M | 143.00M | 432.00M | 484.00M | 438.00M | 290.00M | 248.00M | 270.00M | 304.00M | 433.00M | 486.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 395.00M | 392.00M | 376.00M | 379.00M | 405.00M | 424.00M | 431.00M | 434.00M | 461.00M | 459.00M | 389.00M | 383.00M | 403.00M | 393.00M | 409.00M | 403.00M | 336.00M | 290.00M | 303.00M | 353.00M | 356.00M | 368.00M | 514.00M | 494.00M | 440.00M | 361.00M | 435.00M | 387.00M | 415.00M | 398.00M | 280.80M | 396.20M | 222.80M | 220.00M | 214.30M | 204.70M | 170.30M | 118.70M | 98.90M |
| EBITDA | 1.56B | 1.52B | 1.39B | 827.00M | 1.52B | 1.97B | 1.37B | 1.48B | 1.60B | 1.58B | 1.24B | 1.44B | 951.00M | 939.00M | 720.00M | 2.02B | 2.12B | 1.70B | 1.33B | 1.13B | 1.19B | 1.22B | 1.80B | 2.56B | 1.70B | 1.42B | 1.23B | 1.10B | 3.54B | 3.08B | 2.71B | 2.78B | 2.55B | 2.42B | 349.90M | 1.94B | 566.70M | 519.90M | 390.40M |
| EBITDA Ratio | 11.37% | 11.81% | 11.41% | 8.46% | 11.75% | 103.13% | 103.15% | 103.17% | 103.43% | 102.93% | 103.21% | 103.13% | 7.80% | 8.92% | 6.86% | 14.17% | 16.03% | 14.82% | 14.44% | 12.30% | 12.03% | 12.10% | 14.63% | 19.53% | 14.69% | 14.65% | 30.40% | 32.11% | 50.57% | 44.81% | 42.44% | 46.69% | 46.21% | 42.87% | -10.23% | 36.13% | 5.65% | 5.66% | 4.08% |
| Operating Income | 1.05B | 1.12B | 1.02B | 595.00M | 1.19B | 1.10B | 1.07B | 1.17B | 1.14B | 1.10B | 847.00M | 1.05B | 583.00M | 546.00M | 421.00M | 1.62B | 1.78B | 1.41B | 1.15B | 907.00M | 830.00M | 922.00M | 1.29B | 1.58B | 1.26B | 1.07B | 2.21B | 2.06B | 3.13B | 2.68B | 2.43B | 2.39B | 2.32B | 2.20B | 135.60M | 1.73B | 396.40M | 401.20M | 291.50M |
| Operating Income Ratio | 7.70% | 8.73% | 8.26% | 5.11% | 8.69% | 7.89% | 7.51% | 8.51% | 8.49% | 7.90% | 7.00% | 8.61% | 5.17% | 5.19% | 4.01% | 11.34% | 13.49% | 12.30% | 11.42% | 8.86% | 8.42% | 8.65% | 10.46% | 12.07% | 10.90% | 11.03% | 20.95% | 22.24% | 31.35% | 27.68% | 26.73% | 28.57% | 29.65% | 27.84% | 2.11% | 23.77% | 7.36% | 7.99% | 7.22% |
| Total Other Income/Expenses | 34.00M | 154.00M | 9.00M | -230.00M | -130.00M | 281.00M | -275.00M | 33.00M | -169.00M | -243.00M | -173.00M | -212.00M | -249.00M | -460.00M | -576.00M | -929.00M | -532.00M | -438.00M | -408.00M | -305.00M | -443.00M | -432.00M | -870.00M | -995.00M | -258.00M | -317.00M | -296.00M | -318.00M | -2.33B | -1.94B | -1.81B | -1.86B | -1.83B | -1.74B | 274.70M | -1.30B | 56.20M | 43.60M | 9.30M |
| Income Before Tax | 1.09B | 1.02B | 873.00M | 282.00M | 942.00M | 1.38B | 762.00M | 876.00M | 971.00M | 853.00M | 674.00M | 841.00M | 337.00M | 86.00M | -149.00M | 658.00M | 1.30B | 975.00M | 739.00M | 528.00M | 401.00M | 490.00M | 419.00M | 585.00M | 1.00B | 737.00M | 922.00M | 804.00M | 800.00M | 741.00M | 613.50M | 527.00M | 495.00M | 459.20M | 410.30M | 433.30M | 452.60M | 444.80M | 300.80M |
| Income Before Tax Ratio | 7.94% | 7.89% | 7.05% | 2.42% | 6.91% | 9.91% | 5.37% | 6.35% | 7.23% | 6.15% | 5.57% | 6.87% | 2.99% | 0.82% | -1.42% | 4.62% | 9.83% | 8.49% | 7.36% | 5.16% | 4.07% | 4.60% | 3.40% | 4.47% | 8.67% | 7.61% | 8.74% | 8.67% | 8.02% | 7.65% | 6.76% | 6.31% | 6.31% | 5.80% | 6.38% | 5.95% | 8.40% | 8.85% | 7.45% |
| Income Tax Expense | 165.00M | 154.00M | 126.00M | -27.00M | 127.00M | -162.00M | -456.00M | -33.00M | 273.00M | 248.00M | 176.00M | 260.00M | 95.00M | -6.00M | -76.00M | 314.00M | 385.00M | 269.00M | 223.00M | 155.00M | 107.00M | 100.00M | 227.00M | 308.00M | 381.00M | 294.00M | 364.00M | 322.00M | 321.00M | 308.00M | 234.40M | 202.90M | 195.50M | 176.20M | 141.60M | 161.20M | 191.50M | 203.20M | 120.70M |
| Net Income | 921.00M | 861.00M | 746.00M | 309.00M | 815.00M | 1.22B | 307.00M | 962.00M | 697.00M | 600.00M | 498.00M | 589.00M | 242.00M | 86.00M | -31.00M | 486.00M | 917.00M | 601.00M | 203.00M | 365.00M | 259.00M | -124.00M | 166.00M | 218.00M | 2.23B | 608.00M | 558.00M | 253.00M | 479.00M | 433.00M | 379.10M | -355.40M | 299.50M | 283.00M | 268.70M | 272.10M | 264.10M | 245.90M | 223.60M |
| Net Income Ratio | 6.73% | 6.69% | 6.02% | 2.65% | 5.98% | 8.75% | 2.16% | 6.98% | 5.19% | 4.32% | 4.11% | 4.81% | 2.15% | 0.82% | -0.30% | 3.41% | 6.93% | 5.23% | 2.02% | 3.56% | 2.63% | -1.16% | 1.35% | 1.67% | 19.22% | 6.28% | 5.29% | 2.73% | 4.80% | 4.47% | 4.18% | -4.26% | 3.82% | 3.57% | 4.18% | 3.73% | 4.90% | 4.90% | 5.54% |
| EPS | 4.61 | 4.05 | 3.33 | 1.35 | 3.52 | 4.88 | 1.17 | 3.56 | 2.55 | 2.17 | 1.77 | 2.17 | 0.87 | 0.31 | -0.12 | 1.97 | 3.67 | 2.35 | 0.76 | 1.33 | 0.96 | -0.45 | 0.59 | 0.76 | 1.91 | 1.37 | 1.69 | 0.76 | 1.38 | 1.20 | 0.85 | -1.01 | 0.69 | 0.80 | 0.76 | 0.78 | 0.83 | 0.75 | 0.75 |
| EPS Diluted | 4.56 | 4.01 | 3.29 | 1.35 | 3.50 | 4.83 | 1.14 | 3.53 | 2.50 | 2.13 | 1.75 | 2.00 | 0.79 | 0.28 | -0.12 | 1.94 | 3.60 | 2.31 | 0.75 | 1.31 | 0.95 | -0.44 | 0.58 | 0.75 | 1.91 | 1.37 | 1.65 | 0.74 | 1.38 | 1.20 | 0.83 | -1.01 | 0.68 | 0.80 | 0.76 | 0.78 | 0.82 | 0.75 | 0.75 |
| Weighted Avg Shares Out | 199.72M | 212.81M | 224.11M | 228.54M | 231.32M | 250.20M | 261.50M | 270.29M | 274.23M | 276.60M | 282.10M | 271.30M | 278.90M | 274.45M | 262.92M | 246.21M | 249.79M | 255.10M | 267.06M | 274.67M | 271.75M | 277.49M | 282.10M | 287.85M | 302.01M | 325.82M | 329.59M | 333.77M | 347.73M | 360.00M | 447.57M | 352.71M | 432.46M | 354.34M | 354.04M | 349.03M | 320.12M | 324.13M | 293.73M |
| Weighted Avg Shares Out (Dil) | 201.77M | 214.97M | 226.52M | 228.98M | 232.71M | 253.24M | 268.75M | 272.37M | 278.73M | 281.79M | 284.43M | 294.66M | 307.26M | 302.56M | 262.92M | 250.34M | 254.83M | 260.44M | 272.89M | 280.34M | 274.43M | 280.50M | 285.87M | 292.30M | 309.16M | 334.33M | 338.60M | 342.86M | 347.73M | 362.71M | 455.66M | 352.71M | 438.82M | 354.34M | 354.04M | 349.03M | 322.07M | 324.13M | 293.73M |
Textron: A Post-Earnings Plunge Is My Buying Opportunity
Textron is a conglomerate involved in defense, aviation, industrial products, and more. TXT stock plunged by about 10% after the company reported Q1 results for 2024, presenting a buying opportunity. Textron's Q1 earnings slightly missed expectations, but the company completed...
Textron (TXT) Loses -11.5% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Textron (TXT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Why Textron Stock Crashed 12% on Thursday
Textron beat on both sales and earnings this morning. Q1 profits grew 12% year over year -- three times faster than sales growth.
Textron's (TXT) Q1 Earnings Lag Estimates, Revenues Rise Y/Y
Textron's (TXT) first-quarter revenues miss the Zacks Consensus Estimate by 6.1%. The company's 2024 earnings outlook remains the same.
Textron Stock Dives on Earnings Miss. It's Also Cutting Jobs.
Textron says it's experiencing reduced demand at its specialized vehicles product line and for fuel systems from European automotive manufacturers.
Textron (TXT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Textron (TXT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Textron Inc. (TXT) Q1 2024 Earnings Call Transcript
Textron Inc. (NYSE:TXT ) Q1 2024 Earnings Conference Call April 25, 2024 8:00 AM ET Company Participants David Rosenberg - Vice President, Investor Relations Scott Donnelly - Chairman, President and Chief Executive Officer Frank Connor - Executive Vice President and...
Textron to cut 1,500 jobs as program cancellations, weak demand hit results
Textron is expanding its restructuring plan to include about 1,500 job cuts, it said on Thursday, after U.S. Army program cancellations and lower demand for some other products hit its business.
Textron Reports First Quarter 2024 Results
PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) today reported first quarter 2024 net income of $1.03 per share, as compared to $0.92 per share in the first quarter of 2023. Adjusted net income, a non-GAAP measure that is defined and reconciled...
Textron Declares Quarterly Dividend
PROVIDENCE, R.I.--(BUSINESS WIRE)--The Board of Directors of Textron Inc. (NYSE:TXT) today declared a quarterly dividend of $0.02 per share on the company's Common Stock. All dividends will be paid on July 1, 2024 to holders of record at the close...
Source: https://incomestatements.info
Category: Stock Reports