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TXT

Textron Inc.

TXT

Textron Inc. • NYSE
$83.16 ▲ 0.14% (+0.12)
Market Cap $14.66 B
52w High $87.94
52w Low $57.70
Dividend Yield 0.08%
P/E 18.2
Volume 602.65K
Outstanding Shares 176.23M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $3.602B ▲ $375M ▲ $234M ▼ 6.496% ▼ $1.32 ▼ $443M ▲
Q2-2025 $3.527B ▲ $293M ▼ $259M ▲ 7.343% ▲ $1.365 ▲ $438M ▲
Q1-2025 $3.135B ▼ $316M ▼ $201M ▲ 6.411% ▲ $1.042 ▲ $345M ▼
Q4-2024 $3.892B ▲ $328M ▲ $198M ▼ 5.087% ▼ $1.017 ▼ $349M ▼
Q3-2024 $3.343B $303M $269M 8.047% $1.359 $419M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $1.522B ▲ $17.381B ▲ $9.888B ▲ $7.493B ▲
Q2-2025 $1.434B ▲ $17.076B ▲ $9.643B ▼ $7.433B ▲
Q1-2025 $1.245B ▼ $16.942B ▲ $9.667B ▲ $7.275B ▲
Q4-2024 $1.441B ▲ $16.838B ▲ $9.634B ▲ $7.204B ▲
Q3-2024 $1.347B $16.452B $9.501B $6.951B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $223M ▼ $207M ▼ $-78M ▼ $-205M ▲ $-64M ▼ $136M ▼
Q2-2025 $260M ▲ $368M ▲ $-48M ▲ $-372M ▲ $-55M ▲ $294M ▲
Q1-2025 $201M ▲ $-7M ▼ $-63M ▲ $-637M ▼ $-715M ▼ $-73M ▼
Q4-2024 $199M ▼ $549M ▲ $-163M ▼ $64M ▲ $465M ▲ $371M ▲
Q3-2024 $269M $258M $-68M $-211M $-34M $179M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Bell
Bell
 $1.13Bn ▲$980.00M ▼$1.02Bn ▲$1.03Bn ▲
Industrial
Industrial
 $870.00M ▲$790.00M ▼$840.00M ▲$760.00M ▼
Textron Aviation
Textron Aviation
 $1.29Bn ▲$1.22Bn ▼$1.52Bn ▲$1.48Bn ▼
Textron Systems
Textron Systems
 $310.00M ▲$300.00M ▼$320.00M ▲$310.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Textron’s sales have been climbing again after the pandemic dip, with a steady upward trend over the past few years. Profitability is solid but not spectacular: operating profit has been fairly flat, which suggests the company is growing mostly by volume rather than big margin improvement. Net earnings and earnings per share have both moved higher over time, showing better performance than the early‑2020s trough. Overall, the income statement points to a mature industrial and defense business: stable, reasonably profitable, but not showing explosive growth or margin expansion yet.

Balance Sheet

Balance Sheet The balance sheet looks steady and conservative. Total assets have stayed fairly stable, while shareholders’ equity has grown, which indicates the company has been building value over time rather than stretching itself. Debt is meaningful but has edged down compared with a few years ago, so leverage does not appear excessive. Cash levels have eased from earlier highs but remain comfortable, suggesting management is using some of the cash for investment or capital returns while still preserving flexibility. In short, Textron appears financially sound with no obvious balance sheet red flags.

Cash Flow

Cash Flow Textron consistently generates cash from its operations, and that cash has comfortably covered its investment needs each year. Free cash flow has been positive throughout the period and is healthier than it was during the pandemic years, which supports ongoing R&D, capital spending, and shareholder returns. Capital expenditures are steady and moderate, indicating disciplined investment rather than aggressive expansion. While operating cash flow dipped a bit from its recent peak, it still tracks earnings reasonably well, pointing to generally good earnings quality. Overall, the cash flow profile is a quiet strength for the company.

Competitive Edge

Competitive Edge Textron holds a solid niche in aerospace and defense, anchored by well‑known brands like Bell, Cessna, and Beechcraft, plus a range of specialized industrial vehicles. Its broad mix across business jets, military aircraft, unmanned systems, and niche vehicles helps smooth out downturns in any single market. A large installed base of aircraft and equipment supports recurring revenue from parts and services, which strengthens customer relationships and visibility. At the same time, Textron competes against very large and well‑funded rivals in both defense and business aviation, and it operates in cyclical, budget‑sensitive markets. The company’s moat is based more on brand, breadth, and relationships than on any single unassailable advantage, making continuous execution and innovation crucial.

Innovation and R&D

Innovation and R&D Innovation is a central part of Textron’s strategy. Bell’s next‑generation tiltrotor aircraft and work on high‑speed vertical takeoff platforms could reshape parts of the military rotorcraft market if execution stays on track. Textron Systems has built strong capabilities in unmanned air, land, and sea platforms, positioning the company well for growing demand in autonomous and remotely operated defense systems. The push into electric and hybrid‑electric aviation, supported by the Pipistrel acquisition and sustainable fuel initiatives, gives Textron a foothold in emerging clean‑aviation markets. These efforts create meaningful long‑term opportunity, but they also carry typical innovation risks: program delays, certification challenges, cost overruns, and uncertain adoption rates.

Summary

Textron today looks like a financially stable, moderately growing aerospace and defense group with meaningful upside tied to key programs rather than broad‑based rapid growth. Revenues have recovered from the pandemic period and are trending upward, earnings are improving, and cash generation is consistently positive, all supported by a balanced and relatively conservative balance sheet. Its competitive position rests on strong brands, a wide product range, and a large installed base, but it still faces tough competition and cyclical demand in both defense and business aviation. The most interesting potential comes from its innovation pipeline—tiltrotors, unmanned systems, and electric aviation—which could provide long‑term growth if successfully executed. Overall, Textron appears to be a steady industrial and defense player with meaningful, but execution‑dependent, growth opportunities ahead.

NEWS

November 24, 2025 · 10:00 AM UTC

Jörg Rautenstrauch Named President and CEO of Textron Specialized Vehicles Inc.; Rob Scholl to Assume New Role as Bell Chief Commercial Officer

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November 13, 2025 · 10:00 AM UTC

TRU Simulation announces delivery and acceptance of the Bell 505 Flight Training Device to Royal Jordanian Air Force

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November 6, 2025 · 8:15 AM UTC

Cessna Citation Ascend Achieves FAA Certification, Bringing Advanced Features to the Most Popular Midsize Business Jet Family

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November 4, 2025 · 3:30 PM UTC

TRU Simulation receives Japanese Civil Aviation Bureau qualification for the SUBARU Bell 412EPX Flight Training Device, delivering next-level realism to rotorcraft training operators in Japan

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October 28, 2025 · 11:00 AM UTC

Textron Aviation Defense Announces Wichita Production Plans for Beechcraft M-346N If Awarded U.S. Navy's UJTS Contract

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