Textron Financials

TXT Stock  USD 85.38  1.42  1.69%   
Based on the analysis of Textron's profitability, liquidity, and operating efficiency, Textron may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. At this time, Textron's Other Stockholder Equity is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 781.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 4.1 B in 2024. Key indicators impacting Textron's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.03410.0602
Way Down
Pretty Stable
Return On Assets0.02570.0476
Way Down
Slightly volatile
Return On Equity0.0960.11
Fairly Down
Pretty Stable
Debt Equity Ratio0.490.51
Sufficiently Down
Slightly volatile
Operating IncomeB1.1 B
Fairly Down
Slightly volatile
Current Ratio4.032.32
Way Up
Very volatile
The essential information of the day-to-day investment outlook for Textron includes many different criteria found on its balance sheet. An individual investor should monitor Textron's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Textron.

Cash And Equivalents

1.78 Billion

  
Understanding current and past Textron Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Textron's financial statements are interrelated, with each one affecting the others. For example, an increase in Textron's assets may result in an increase in income on the income statement.

Textron Earnings Geography

Please note, the imprecision that can be found in Textron's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Textron. Check Textron's Beneish M Score to see the likelihood of Textron's management manipulating its earnings.

Textron Stock Summary

Textron competes with Hexcel, Huntington Ingalls, Curtiss Wright, Mercury Systems, and Northrop Grumman. Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island. Textron operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 33000 people.
Foreign Associates
Specialization
Industrials, Aerospace & Defense
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8832031012
CUSIP883203101
LocationRhode Island; U.S.A
Business Address40 Westminster Street,
SectorAerospace & Defense
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.textron.com
Phone401 421 2800
CurrencyUSD - US Dollar

Textron Key Financial Ratios

Textron Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets15.0B15.4B15.8B16.3B16.9B17.0B
Other Current Liab1.2B1.2B1.2B1.2B1.4B1.2B
Net Debt1.9B1.6B1.3B1.2B1.7B1.6B
Retained Earnings5.7B6.0B5.9B5.9B5.9B4.4B
Cash1.2B2.1B1.9B2.0B2.2B2.3B
Net Receivables921M787M838M855M1.5B1.4B
Inventory4.1B3.5B3.5B3.6B3.9B2.5B
Other Current Assets894M1.8B1.0B1.0B857M1.1B
Total Liab9.5B9.6B9.0B9.2B9.9B9.3B
Total Current Assets7.1B7.4B7.2B7.4B8.4B7.3B
Short Term Debt561M556M6M7M412M781.3M
Intangible Assets589M489M438M461M399M745.4M
Accounts Payable1.4B776M786M1.0B1.0B968.6M
Good Will2.2B2.2B2.1B2.3B2.3B2.1B
Other Liab2.1B2.3B2.0B1.6B1.4B1.9B
Other Assets2.0B2.4B3.0B4.1B4.7B4.9B
Long Term Debt3.2B3.2B3.9B3.6B3.5B3.5B
Treasury Stock(20M)(203M)(157M)(84M)(96.6M)(101.4M)
Net Tangible Assets3.4B3.7B4.7B4.8B5.6B4.4B
Long Term Debt Total2.6B3.2B3.9B3.6B4.2B3.7B
Capital Surpluse1.7B1.8B1.9B1.9B2.2B1.7B

Textron Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(292M)434M45M(55M)(359M)(341.1M)
Change In Cash250M897M(137M)(82M)146M153.3M
Free Cash Flow677M452M1.2B1.1B864M664.6M
Depreciation416M391M390M397M395M421.0M
Other Non Cash Items79M156M383M178M179M177.6M
Capital Expenditures339M317M375M354M402M351.2M
Net Income815M309M747M862M922M589.4M
End Period Cash Flow1.4B2.3B2.1B2.0B2.2B2.3B
Investments(266M)(248M)(281M)(447M)(317M)(301.2M)
Change Receivables99M149M(58M)(26M)(29.9M)(28.4M)
Net Borrowings(2M)544M(621M)(248M)(285.2M)(299.5M)
Change To Netincome181M71M462M(128M)(115.2M)(109.4M)

Textron Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Textron's current stock value. Our valuation model uses many indicators to compare Textron value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Textron competition to find correlations between indicators driving Textron's intrinsic value. More Info.
Textron is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.38  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Textron is roughly  2.63 . At this time, Textron's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Textron by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Textron Systematic Risk

Textron's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Textron volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Textron correlated with the market. If Beta is less than 0 Textron generally moves in the opposite direction as compared to the market. If Textron Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Textron is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Textron is generally in the same direction as the market. If Beta > 1 Textron moves generally in the same direction as, but more than the movement of the benchmark.

Textron Thematic Clasifications

Textron is part of several thematic ideas from Aircraft to Robots And Drones. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Textron Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Textron's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Textron growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.76

At this time, Textron's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Textron November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Textron help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Textron. We use our internally-developed statistical techniques to arrive at the intrinsic value of Textron based on widely used predictive technical indicators. In general, we focus on analyzing Textron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Textron's daily price indicators and compare them against related drivers.

Additional Tools for Textron Stock Analysis

When running Textron's price analysis, check to measure Textron's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.