TXTNYSEAircraft & PartsFiscal year ends January 2
TEXTRON INC
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Jul 28, 2026
$76.20+0.27 (+0.36%)
Close on Oct 19, 2026
- Market cap
- $13.34B
- P/E (TTM)
- 14.4
- Dividend yield
- 0.10%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Net margin
6.2%+3.6 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +8.0% | +4.8% | +4.9% | +1.0% | |
| Net income | +11.8% | +2.3% | +24.4% | +2.8% | |
| EPS, diluted | +18.0% | +8.4% | – | +7.4% | |
| Free cash flow | +42.9% | -6.4% | +15.5% | +3.3% | |
| Dividend per share | 0.0% | 0.0% | 0.0% | 0.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 18.3% | 5.4% | 12.2% | |
| Return on assets | 6.4% | 2.0% | 5.3% | |
| Inventory turnover | 2.6× | 2.7× | – | |
| Capex to revenue | 3.2% | 2.7% | 2.6% | |
| Diluted shares | 272M | 229M | 180M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Textron generated $6.68B from operations and spent $6.86B on capital expenditure, dividends and share buybacks. 27% of that went back into the business.
Generated
$6.68B
Used
$6.86B
Capital expenditure$1.88B27%Dividends$81.00M1%Share buybacks$4.90B71%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.2%
×Asset turnover0.85×
×Equity multiplier2.32×
=Return on equity, FY202512.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 6.2% | 0.85× | 2.32× | 12.2% |
| FY2024 | 6.0% | 0.81× | 2.37× | 11.6% |
| FY2023 | 6.7% | 0.83× | 2.35× | 13.1% |
| FY2022 | 6.7% | 0.80× | 2.31× | 12.4% |
| FY2021 | 6.0% | 0.79× | 2.47× | 11.8% |
| FY2020 | 2.7% | 0.76× | 2.68× | 5.4% |
| FY2019 | 6.0% | 0.93× | 2.73× | 15.2% |
| FY2018 | 8.7% | 0.94× | 2.73× | 22.5% |
| FY2017 | 2.2% | 0.93× | 2.74× | 5.5% |
| FY2016 | 7.0% | 0.92× | 2.85× | 18.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$921.00M
- Cash generatingOperating cash flow above zero$1.31B
- Return on assets improvedROA up on the prior year4.9% → 5.5%
- Earnings backed by cashOperating cash flow above net income$1.31B vs $921.00M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise190M → 180M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.81 → 0.88