- Aerospace & Defense
- Industrials
-
4.83
EPS
-
17.68
P/E
-
16B
MARKET CAP
-
0.09%
DIV YIELD
Company Overview
40 WESTMINSTER ST,PROVIDENCE RI 02903,4014212800
CEO
Mr. Scott C. Donnelly
Employess
35000
Sector
Industrials
Industry
Aerospace & Defense
Website
https://www.textron.com
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.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
Oct. 01, 2024
Dividend Date
Sept. 13, 2024
YTD Performance
5.99%
Fiscal Year End
01-01
IPO Date
1947-12-22
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 1.23% | -0.42% | 5.50% | 6.33% |
EPS | 10.05% | -1.13% | 50.59% | 13.83% |
Equity | 4.77% | 6.12% | 6.13% | -1.77% |
Cash | 6.49% | 17.18% | 0.54% | 11.11% |
Return On Capital (ROIC) | 11.74% | 9.35% | 9.36% | 10.07% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 357 | 7 | 6 | 509 | 561 |
Long Term Debt | 3,520 | 3,180 | 3,180 | 3,200 | 2,560 |
LT Finance Leases | 326 | 326 | 325 | 344 | 273 |
Shares Outstanding | 200 | 213 | 224 | 229 | 231 |
Market Cap | 16,100 | 15,100 | 17,300 | 11,000 | 10,300 |
Price
News
Trade Tracker: Steve Weiss sells Textron
1 monthSteve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to explain why he sold Textron.
youtube.com7 Top Defense Stock Picks Geopolitics Continues to Take Center Stage
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youtube.comTextron Declares Quarterly Dividend
2 monthsPROVIDENCE, 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 October 1, 2024 to holders of record at the close of business on September 13, 2024. About Textron Inc. Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Te.
businesswire.comMusic Votes Coalition Announces First Wave of Partners
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businesswire.com20% of Graduating Teachers Use GoReact
2 monthsOREM, Utah--(BUSINESS WIRE)--GoReact is excited to announce a significant milestone in the field of education technology: 20% of graduating teachers in the U.S.1 have utilized GoReact during their teacher preparation programs. This widespread adoption underscores GoReact's role in enhancing teacher training and improving educational outcomes. “We are thrilled that so many new educators are using GoReact in their training programs,” said Ken Meyers, CEO of GoReact. “Our platform is designed to m.
businesswire.comWhat's Next For Textron Stock After A 5% Fall In A Week?
2 monthsTextron (NYSE: TXT) recently reported its Q2 results, with the top line aligning and the bottom-line exceeding our estimates. The company reported revenues of $3.5 billion and adjusted earnings of $1.54 per share, compared to our estimates of $3.5 billion and $1.48, respectively.
forbes.comTextron Aviation and Gama Aviation (UK) Limited Ink an Aircraft Deal for Three Beechcraft King Air 360C to Provide Life-Saving Air Ambulance Service in Scotland
2 monthsWICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced an agreement with Gama Aviation (UK) Limited for the purchase of three cargo door-equipped Beechcraft King Air 360C aircraft expected to be delivered in 2025. The deal, inked at the Farnborough International Airshow (FIA), modernizes Gama Aviation's fleet and supports the mission of the Scottish Ambulance Service (SAS). “By providing a wide range of essential healthcare services to regiona.
businesswire.comTextron close to buying Spirit Aero fuselage program for V-280 military aircraft, source says
2 monthsTextron is close to acquiring the fuselage-making program for its V-280 military aircraft from Spirit AeroSystems , according to a source familiar with the matter, in the latest carve-out from Boeing's recent deal to acquire the Kansas-based supplier.
reuters.comTextron Aviation Unveils the Next Generation of Military Aircrew Multi-Engine Training Aircraft at the 2024 Farnborough International Airshow
2 monthsWICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced that its new military multi-engine training aircraft — built upon the versatile and reliable Beechcraft King Air 260 — is making its show and European debut at the Farnborough International Airshow (FIA). The aircraft will be on display Monday, July 22 through Friday, July 26, at Stand A031 to offer military delegations, members of the media and aviation enthusiasts a first look at the com.
businesswire.comTextron Aviation Bolsters Support in the United Kingdom and Ireland Through Expanded Relationship With Gama Aviation (UK) Limited
2 monthsWICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced at the Royal International Air Tattoo (RIAT) that the company is expanding its relationship with longtime channel partner Gama Aviation. Newly designated as an Authorized Sales Representative (ASR) for Textron Aviation Special Missions aircraft in the United Kingdom and Ireland, Gama Aviation will now feature special missions variants of the entire portfolio of Cessna and Beechcraft aircra.
businesswire.comTextron's (TXT) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
2 monthsTextron's (TXT) second-quarter earnings beat the Zacks Consensus Estimate by 3.4%. The company's 2024 earnings outlook remains the same.
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