Textron Past Earnings Performance

Past criteria checks 2/6

Textron has been growing earnings at an average annual rate of 11.5%, while the Aerospace & Defense industry saw earnings growing at 22.8% annually. Revenues have been growing at an average rate of 1.7% per year. Textron's return on equity is 12.7%, and it has net margins of 6.3%.

Key information

11.5%

Earnings growth rate

15.6%

EPS growth rate

Aerospace & Defense Industry Growth16.7%
Revenue growth rate1.7%
Return on equity12.7%
Net Margin6.3%
Next Earnings Update22 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Textron makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:TXT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
28 Sep 2413,9818839610
29 Jun 2413,8979299890
30 Mar 2413,7949329920
30 Dec 2313,6839229880
30 Sep 2313,4279499960
01 Jul 2313,1629059580
01 Apr 2312,8928609470
31 Dec 2212,8698629460
01 Oct 2212,5558439560
02 Jul 2212,4678039930
02 Apr 2212,5047691,0490
01 Jan 2212,3827471,0620
02 Oct 2112,7277761,0400
03 Jul 2112,4727061,0340
03 Apr 2111,7534309780
02 Jan 2111,6513099620
03 Oct 2012,0192729680
04 Jul 2012,5433779580
04 Apr 2013,2986861,0030
04 Jan 2013,6308151,0390
28 Sep 1913,3458621,0210
29 Jun 1913,2861,2051,0820
30 Mar 1913,7851,2121,1690
29 Dec 1813,9721,2221,1990
29 Sep 1814,2398701,2860
30 Jun 1814,5234661,3260
31 Mar 1814,4013951,3120
30 Dec 1714,1983061,3050
30 Sep 1714,0066271,3210
01 Jul 1713,7737671,3160
01 Apr 1713,6807921,2970
31 Dec 1613,7888431,2780
01 Oct 1613,8868531,2840
02 Jul 1613,8157301,2640
02 Apr 1613,5517211,2750
02 Jan 1613,4236981,3040
03 Oct 1513,5966861,3710
04 Jul 1513,8466701,3720
04 Apr 1514,1046461,3960
03 Jan 1513,8786051,3610
27 Sep 1413,2885631,2650
28 Jun 1412,7625011,2060
29 Mar 1412,0964701,1210
28 Dec 1312,1044981,0980

Quality Earnings: TXT has high quality earnings.

Growing Profit Margin: TXT's current net profit margins (6.3%) are lower than last year (7.1%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TXT's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: TXT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TXT had negative earnings growth (-6.9%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (22.5%).


Return on Equity

High ROE: TXT's Return on Equity (12.7%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 07:14
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/28
Annual Earnings2023/12/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Textron Inc. is covered by 38 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAlembic Global Advisors
null nullAlembic Global Advisors
null nullArgus Research Company