Revenue segments as reported by the company.

Manufacturing revenues

Finance revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling and administrative expense

Interest expense

Non-service components of pension and postretirement income, net

Special charges

Gain on business disposition

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Textron

Textron, Inc. is a multi-industry company, which leverages a global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems, land and marine systems, weapons and sensors, and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf, Turf Care and Light Transportation Vehicles, Fuel Systems and Functional Components and Powered Tools, and Testing and Measurement Equipment product lines. The Finance segment provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters. The company was founded by Royal Little in 1923 and is headquartered in Providence, RI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Textron reports strong Q4 earnings, eyes growth in aviation sector

Textron's Q4 2022 performance was strong, with notable revenue growth and steady profit margins across segments, reflecting operational resilience and market demand.
While facing challenges in certain areas like Textron eAviation and Bell's revenues, the company's proactive approach to pricing, supply chain, and strategic evaluations positions it well for future growth.
Opportunities in the aviation sector, focus on A&D investments, and commitment to shareholder value through buybacks indicate a positive outlook for Textron in 2023 and beyond.
Overall, Textron's earnings call highlighted a mix of strengths, challenges, and opportunities, underscoring the company's strategic focus on sustainable profitability and market leadership.
headline

Textron (TXT) reports mixed Q1 results, eyes growth opportunities

Textron (TXT) reported mixed Q1 results with revenue growth but lower segment profit. The company showcased strengths in Aviation, Bell, and Systems, while facing challenges in manufacturing cash flow and profitability.
Opportunities lie in defense wins, organic growth, and strategic acquisitions, aligning with Textron's diversified business model. Despite challenges, Textron's resilience and strategic focus position it for future growth and success.
Textron's leadership changes, strong performance in key segments, and emphasis on innovation and growth underscore its competitive position. The company's ability to navigate challenges and capitalize on opportunities will be crucial for sustained success.
With a solid foundation in place and a focus on operational excellence, Textron is well-positioned to drive growth and shareholder value. By leveraging its strengths and seizing opportunities, Textron can navigate challenges and thrive in a dynamic market environment.

Textron (TXT) reports robust Q2 earnings, poised for strategic growth

Textron (TXT) delivered a strong performance in Q2 2023, driven by revenue growth and operational efficiency across key segments. The company's focus on new platforms and strategic investments positions it well for sustained growth.
While facing challenges in managing manufacturing cash flow and potential risks from acquisitions, Textron remains committed to innovation and shareholder value maximization. Opportunities in market demand, technology advancements, and strategic acquisitions offer avenues for future growth.
Overall, Textron's financial health, diversified portfolio, and focus on organic growth underscore its resilience and competitiveness in the aerospace and defense industry, setting a positive trajectory for future performance and value creation.

Textron (TXT) reports strong Q3 earnings, eyes growth opportunities

Textron (TXT) reported strong Q3 2023 performance with increased revenues and segment profit. Aviation and Textron Systems showed growth, while the Industrial segment performed well.
Strengths included robust demand in Aviation, new contracts in Textron Systems, and higher revenues in the Industrial segment. Challenges included customer wait times and supply chain issues.
Opportunities lie in service business growth, margin improvement in the Industrial segment, and expansion in Aerospace and Defense through M&A. Full-year guidance increase reflects confidence in future performance.
CEO's emphasis on service business success, margin improvement, and growth opportunities in existing programs highlights a positive outlook for Textron. The company's financial stability and strong performance indicate a promising trajectory.

Textron reports robust Q4 earnings, eyes growth amidst challenges

Textron's Q4 2023 earnings call highlighted strong financial performance, with revenue and profit growth across key segments.
While facing challenges like margin pressure and supply chain issues, Textron aims to capitalize on market opportunities for growth.
The company's focus on restructuring, positive outlook for 2024, and strategic decisions on capital deployment showcase a resilient business strategy.
Textron's emphasis on cost alignment, market positioning, and managing potential risks underscores a proactive approach to navigating industry dynamics.

Textron reports revenue growth and operational strengths in Q1

Textron's Q1 2024 showed revenue growth and improved profitability in key segments.
Challenges in the industrial segment and aviation supply chain were highlighted.
Opportunities in defense business, international markets, and eVTOL investments discussed.
Overall, Textron maintains its full-year adjusted earnings guidance and focus on shareholder returns.

Textron (TXT) reports solid Q2 earnings, eyes growth opportunities

Textron's Q2 2024 performance reflects overall growth in revenues and operational efficiency, driven by key segments like Aviation and Textron Systems.
While facing challenges in the Industrial segment, Textron has opportunities to leverage strategic initiatives and market expansion for future growth.
The completion of the Amazilia Aerospace acquisition and share repurchases demonstrate Textron's commitment to enhancing shareholder value and strategic growth.

Textron reports revenue growth in Q3 amidst operational challenges

Textron's Q3 2024 showed revenue growth but a decline in adjusted income per share.
Aviation and Bell segments demonstrated strength, while challenges persisted in Textron Systems.
Operational improvements and strategic decisions present opportunities for Textron's future growth.
Executive changes aim to steer Textron towards overcoming challenges and leveraging strengths.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Textron, Inc. is a multi-industry company, which leverages a global network of aircraft, defense, industrial, and finance businesses to customers. It operates through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment develops, manufactures, and integrates a variety of products and services for United States and international military. The Industrial segment designs and manufactures a variety of products within the Kautex and specialized vehicles product lines. The Textron eAviation segment covers pipistrel along with other research and development initiatives related to sustainable aviation solutions. The company was founded by Royal Little in 1923 and is headquartered in Providence, RI.

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation announced today during the 2023 National Business Aviation Association Convention and Exhibition (NBAA-BACE) that its Customer Support organization received acceptance from the Federal Aviation Administration (FAA) for its Corporate Enterprise Safety Management System (SMS) at its Wichita and Indianapolis locations. This recognition reinforces Textron Aviation's commitment to high quality standards in the aviation industry. Beechcraft, Cessna and Haw.

Textron Aviation Customer Support Leads the Way in Elevating Aviation Safety Standards With FAA Acceptance for Safety Management System

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation today announced the delivery of the 100th Beechcraft King Air 360 turboprop to Comprehensive Blood and Cancer Center (CBCC), a longtime Textron Aviation customer. This delivery further solidifies the Beechcraft King Air's place as the world's most popular family of business turboprop aircraft. The Beechcraft King Air 360/360ER is designed and manufactured by Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company. “We take pride in providing air.

Beechcraft King Air 360 reaches 100th delivery, continuing the legacy of the world's most popular business turboprop

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation, a Textron Inc. (NYSE:TXT) company, today announced that flyExclusive has been named the fleet launch customer for the Cessna Citation CJ3 Gen2. The news came during the company's press conference at the National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) event in Las Vegas. The Citation CJ3 Gen2, just announced this morning, raises the bar in the light jet market and is part of the next phase of flyExcl.

Textron Aviation names flyExclusive fleet launch customer for newly-announced Citation CJ3 Gen2

LAS VEGAS--(BUSINESS WIRE)--Textron Aviation today announced the newest Cessna Citation business jet in the company's legendary lineup — the Cessna Citation CJ3 Gen2. Unveiled on the eve of this week's National Business Aviation Association - Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas, the Citation CJ3 Gen2 raises the bar in the light jet market as the company's most comprehensive Gen2 product announcement to date. Attendees will enjoy access to a new Citation CJ3 Ge.

Textron Aviation Continues Investment in Bestselling Cessna Citation Business Jets With Introduction of New Cessna Citation CJ3 Gen2

Garmin

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced that its renowned Cessna Citation M2 Gen2 will include Garmin Autothrottles.

Textron Aviation adds cutting-edge Garmin Autothrottle system to the Cessna Citation M2 Gen2

Textron Inc. showed promising financial growth in Q2 2023, with significant revenue upticks in its Aviation and Industrial segments. The company increased its EPS guidance for 2023 and has a substantial backlog for future business. The company has high earnings quality, with free cash flow exceeding net income.

A Deep Dive Into Textron Stock: A Cautious 'Buy'

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation announced its Maintenance and Paint Apprenticeship programs have officially been recognized as state-registered apprenticeships.

Textron Aviation's Maintenance and Paint Apprenticeship Programs Recognized by the Kansas Department of Commerce

iShares U.S. Aerospace & Defense ETF

Boeing

General Dynamics

Lockheed Martin

Invesco Aerospace & Defense ETF

Raytheon Technologies

SPDR S&P Aerospace & Defense ETF

Exchange-traded funds that buy aerospace and defense stocks were surging on Monday, after war erupted over the weekend between Israel and Hamas.

Surging aerospace and defense stocks lift these ETFs as investors monitor Israel-Hamas war

BWX Technologies

Huntington Ingalls Industries

L3Harris

Northrop Grumman

The House of Representatives' historic vote to remove its speaker will complicate the sector over the next few months.

Defense Stocks and the McCarthy Mess. What It Means for Investors.

KINSTON, N.C.--(BUSINESS WIRE)--flyExclusive, a leading provider of premium private jet charter experiences, today announced that it has taken delivery of three brand new Cessna CJ3+ aircraft from Textron Aviation, starting the next phase of the company's fleet modernization efforts. “Our decades long relationship with Textron Aviation is strong and today is made even stronger. Our customers expect the best, and the Citation CJ3+ offers the most superior light jet experience in private aviation.

flyExclusive Takes Delivery of New Cessna Citation CJ3+ Aircraft from Textron Aviation

Solid air traffic view and improved defense bill appropriations should bode well for aerospace-defense stocks amid strengthening inflation rate. You may buy NOC, GD and TXT.

3 Aerospace-Defense Stocks to Buy Amid Improved Defense Bill

PROVIDENCE, R.I.--(BUSINESS WIRE)--Textron Inc. (NYSE: TXT) will release its third quarter 2023 financial results on Thursday morning, October 26, 2023. Textron will also host a conference call at 8:00 a.m. (Eastern) to discuss the results and the company's outlook. The call will be available via webcast at www.textron.com or by direct dial at (844) 867-6169 in the U.S. or (409) 207-6975 outside of the U.S.; Access Code: 7265882. In addition, the call will be recorded and available for playback.

Textron to Release Third Quarter Results on October 26, 2023

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation is celebrating the 30th anniversary of its factory-owned service center in Greensboro, North Carolina.

Textron Aviation proudly celebrates 30 years of excellence at the Greensboro Service Center

WICHITA, Kan,--(BUSINESS WIRE)--Textron Aviation has announced the Garmin G5000 integrated flight deck will soon be available for the Cessna Citation XLS+ and XLS Gen2.

Cessna Citation XLS+ and XLS Gen2 avionics upgrade to Garmin G5000 integrated flight deck will soon be available at Textron Aviation Service Centers

Surf Air Mobility Inc

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or “SAM”), a regional air mobility platform aiming to sustainably connect the world's communities, confirmed its exclusive relationship with Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, upon the completion of its public market debut. Today the company announced that deliveries of the first 20 Cessna Grand Caravan EX aircraft are expected to begin in the first half of 2024. This exclusive relation.

Surf Air Mobility Confirms Order for 100 Aircraft and Exclusive Relationship with Textron Aviation to Support Surf Air Mobility's Development of an Electrified Cessna Grand Caravan EX

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation has announced a confirmed order for the first 20 Cessna Grand Caravan EX aircraft from Surf Air Mobility.

Textron Aviation Announces Confirmed Order for First 20 Cessna Grand Caravan EX Aircraft From Surf Air Mobility

Everest Group Ltd

Halozyme Therapeutics

Power Integrations

Rambus

Synaptics

Targeting sleeper stocks to buy might just be the strategy investors need in the current landscape. With numerous tech-centric stocks soaring to unprecedented heights, it's thrilling to watch their trajectory.

7 Sleeper Stocks That Should Be on Every Investor's Radar This Fall

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Textron (TXT) a Great Value Stock Right Now?

Textron (TXT) wins a record-breaking agreement with NetJets for 1,500 additional Cessna Citation business jets.

Textron (TXT) Secures 1,500 Cessna Jet Order, Shares Soar 5%

Shares of Textron (TXT) took off as the aircraft maker expanded its deal to sell planes to Berkshire Hathaway-owned (BRK.A) private jet provider NetJets.

Textron Shares Surge After Expanding Private Jet Deal With Berkshire's NetJets

Textron Aviation and NetJets on Wednesday signed an agreement which would give the private jet firm owned by Berkshire Hathaway an option to buy up to 1,500 additional Cessna Citation business jets over the next 15 years.

Textron announces option to sell up to 1,500 Cessna Citation aircraft to NetJets

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation and NetJets have announced a record-breaking fleet agreement.

Textron Aviation and NetJets sign record-breaking fleet agreement for up to 1,500 Cessna Citation jets

Textron (TXT) reveals its plans to add 16,000 square feet to its Interior Manufacturing Facility.

Textron (TXT) to Enlarge Its Interior Manufacturing Facility

WICHITA, Kan.--(BUSINESS WIRE)--Textron Aviation has announced it is adding an additional 16,000 square feet to its Interior Manufacturing Facility (IMF).

Textron Aviation expands Interior Manufacturing Facility to support demand for custom Cessna and Beechcraft aircraft interiors

Looking at stock returns, TXT has underperformed with 7% returns this year, compared to 19% gains for HWM and a 16% rise in the S&P500 index.

News for Textron Stock (TXT)