| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
TXT Stock Overview
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide.
Rewards
Risk Analysis
No risks detected for TXT from our risk checks.
Textron Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$72.73 |
| 52 Week High | US$78.13 |
| 52 Week Low | US$44.36 |
| Beta | 1.75 |
| 1 Month Change | 2.81% |
| 3 Month Change | -0.22% |
| 1 Year Change | 55.17% |
| 3 Year Change | 29.55% |
| 5 Year Change | 53.15% |
| Change since IPO | 1,063.68% |
Recent News & Updates
Is It Time To Consider Buying Textron Inc. (NYSE:TXT)?
Let's talk about the popular Textron Inc. ( NYSE:TXT ). The company's shares saw a double-digit share price rise of...
A Look At The Fair Value Of Textron Inc. (NYSE:TXT)
Today we will run through one way of estimating the intrinsic value of Textron Inc. ( NYSE:TXT ) by estimating the...
Does Textron (NYSE:TXT) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Shareholder Returns
| TXT | US Aerospace & Defense | US Market | |
|---|---|---|---|
| 7D | -3.5% | -1.8% | -2.7% |
| 1Y | 55.2% | 8.7% | 21.3% |
Return vs Industry: TXT exceeded the US Aerospace & Defense industry which returned 8.7% over the past year.
Return vs Market: TXT exceeded the US Market which returned 21.3% over the past year.
Price Volatility
| TXT volatility | |
|---|---|
| TXT Average Weekly Movement | 3.3% |
| Aerospace & Defense Industry Average Movement | 5.6% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.2% |
Stable Share Price: TXT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TXT's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1923 | 33,000 | Scott Donnelly | https://www.textron.com |
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. The company’s Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and commercial parts, as well as offers maintenance, inspection, and repair services. Its Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services.
Textron Fundamentals Summary
| TXT fundamental statistics | |
|---|---|
| Market Cap | US$16.03b |
| Earnings (TTM) | US$776.00m |
| Revenue (TTM) | US$12.73b |
20.7x
P/E Ratio1.3x
P/S RatioIs TXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TXT income statement (TTM) | |
|---|---|
| Revenue | US$12.73b |
| Cost of Revenue | US$10.67b |
| Gross Profit | US$2.04b |
| Expenses | US$1.26b |
| Earnings | US$776.00m |
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.52 |
| Gross Margin | 16.01% |
| Net Profit Margin | 6.10% |
| Debt/Equity Ratio | 62.5% |
How did TXT perform over the long term?
See historical performance and comparisonDividends
0.1%
Current Dividend Yield2%
Payout RatioDoes TXT pay a reliable dividends?
See TXT dividend history and benchmarks| Textron dividend dates | |
|---|---|
| Ex Dividend Date | Dec 09 2021 |
| Dividend Pay Date | Jan 01 2022 |
| Days until Ex dividend | 11 days |
| Days until Dividend pay date | 34 days |
Does TXT pay a reliable dividends?
See TXT dividend history and benchmarksValuation
Is Textron undervalued compared to its fair value and its price relative to the market?
16.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TXT ($72.73) is trading below our estimate of fair value ($87.15)
Significantly Below Fair Value: TXT is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: TXT is poor value based on its PE Ratio (20.7x) compared to the US Aerospace & Defense industry average (18.7x).
PE vs Market: TXT is poor value based on its PE Ratio (20.7x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: TXT is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: TXT is good value based on its PB Ratio (2.7x) compared to the US Aerospace & Defense industry average (3.1x).
Future Growth
How is Textron forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TXT's forecast earnings growth (16.3% per year) is above the savings rate (2%).
Earnings vs Market: TXT's earnings (16.3% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: TXT's earnings are forecast to grow, but not significantly.
Revenue vs Market: TXT's revenue (7.4% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: TXT's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TXT's Return on Equity is forecast to be low in 3 years time (15.6%).
Past Performance
How has Textron performed over the past 5 years?
-5.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TXT has high quality earnings.
Growing Profit Margin: TXT's current net profit margins (6.1%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: TXT's earnings have declined by 5.7% per year over the past 5 years.
Accelerating Growth: TXT's earnings growth over the past year (184.1%) exceeds its 5-year average (-5.7% per year).
Earnings vs Industry: TXT earnings growth over the past year (184.1%) exceeded the Aerospace & Defense industry 12.1%.
Return on Equity
High ROE: TXT's Return on Equity (12.9%) is considered low.
Financial Health
How is Textron's financial position?
Financial Position Analysis
Short Term Liabilities: TXT's short term assets ($8.1B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: TXT's short term assets ($8.1B) exceed its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: TXT's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: TXT's debt to equity ratio has reduced from 67.6% to 62.5% over the past 5 years.
Debt Coverage: TXT's debt is well covered by operating cash flow (46.2%).
Interest Coverage: TXT's interest payments on its debt are well covered by EBIT (7.6x coverage).
Balance Sheet
Dividend
What is Textron current dividend yield, its reliability and sustainability?
0.11%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: TXT's dividend (0.11%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: TXT's dividend (0.11%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: TXT is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: TXT is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: TXT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TXT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.2yrs
Average management tenure
CEO
Scott Donnelly (59 yo)
11.92yrs
Tenure
US$17,770,781
Compensation
Mr. Scott C. Donnelly has been the Chairman, Chief Executive Officer, President and Director of Textron Inc. since September 1, 2010, December 1, 2009, January 2009 and October 2009 respectively. Mr. Donne...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD17.77M) is above average for companies of similar size in the US market ($USD11.11M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: TXT's management team is seasoned and experienced (6.2 years average tenure).
Board Members
Experienced Board: TXT's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Textron Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Textron Inc.
- Ticker: TXT
- Exchange: NYSE
- Founded: 1923
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$16.032b
- Shares outstanding: 220.43m
- Website: https://www.textron.com
Number of Employees
Location
- Textron Inc.
- 40 Westminster Street
- Providence
- Rhode Island
- 2903
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/11/26 23:23 |
| End of Day Share Price | 2021/11/26 00:00 |
| Earnings | 2021/10/02 |
| Annual Earnings | 2021/01/02 |
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.