About textron inc. - TXT
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.
TXT At a Glance
Textron, Inc.
40 Westminster Street
Providence, Rhode Island 02903-2525
| Phone | 1-401-421-2800 | Revenue | 13.68B | |
| Industry | Aerospace & Defense | Net Income | 921.00M | |
| Sector | Electronic Technology | 2023 Sales Growth | 6.325% | |
| Fiscal Year-end | 12 / 2024 | Employees | 35,000 | |
| View SEC Filings |
TXT Valuation
| P/E Current | 18.866 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 17.619 |
| Price to Sales Ratio | 1.186 |
| Price to Book Ratio | 2.22 |
| Price to Cash Flow Ratio | 12.817 |
| Enterprise Value to EBITDA | 12.665 |
| Enterprise Value to Sales | 1.337 |
| Total Debt to Enterprise Value | 0.233 |
TXT Efficiency
| Revenue/Employee | 390,942.857 |
| Income Per Employee | 26,314.286 |
| Receivables Turnover | 15.764 |
| Total Asset Turnover | 0.826 |
TXT Liquidity
| Current Ratio | 1.786 |
| Quick Ratio | 0.892 |
| Cash Ratio | 0.498 |
TXT Profitability
| Gross Margin | 20.814 |
| Operating Margin | 7.696 |
| Pretax Margin | 7.944 |
| Net Margin | 6.731 |
| Return on Assets | 5.563 |
| Return on Equity | 13.078 |
| Return on Total Capital | 8.201 |
| Return on Invested Capital | 8.451 |
TXT Capital Structure
| Total Debt to Total Equity | 60.899 |
| Total Debt to Total Capital | 37.849 |
| Total Debt to Total Assets | 25.243 |
| Long-Term Debt to Equity | 55.002 |
| Long-Term Debt to Total Capital | 34.184 |
Textron Inc. in the News
Manufacturing sector sheds 78K jobs in last three months
The October jobs report found the manufacturing sector lost 46,000 jobs amid strike activity at major manufacturers, extending a three-month slide that has seen the loss of 78,000 jobs.
Lockheed Martin subsidiary challenges Army helicopter contract awarded to Bell
Sikorsky is protesting the Army's decision to award its next-generation assault helicopter contract to the Bell V-280 Valor over its SB-1 Defiant X.
Army helicopter contract award, stealth bomber reveal highlight big month for defense sector
The U.S. Army announced that the Bell V-280 Valor tiltrotor won the contract for its long-range assault helicopter program, while the Air Force unveiled its B-21 stealth.