Textron (TXT) stock
Industrials · Aerospace & Defense
Textron (TXT) is an Aerospace & Defense company in the Industrials sector, headquartered in Providence, Rhode Island. As of October 23, 2026, TXT closed at $76.83, a market capitalization of $13.21 billion, the 467th largest company in the S&P 500. Over the last twelve months it generated $15.30 billion in revenue (+3% year over year) and $759.00 million in free cash flow. The stock trades at 14.5x trailing earnings and 10.6x forward earnings.
- 1-year total return: -3.2% (dividends reinvested)
- 5-year return: +0.7% a year
- 52-week range: $71.87 – $101.57
- Gross margin 17.6%, operating margin 8.7%
- Dividend yield: 0.10%
- FI Handbook report card: C+ across 10 metrics
- 78th largest of 83 Industrials stocks in the S&P 500
TXT price chart
1Y price change: -3.3% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| TXT | +0.0% | -11.8% | -3.2% | +0.9% | +0.7% | +7.2% | +7.5% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1973.
TXT key statistics
- Market cap
- $13.2B
- #467 in S&P 500
- P/E (TTM)
- 14.5x
- Forward P/E
- 10.6x
- EPS (TTM)
- $5.31
- Revenue (TTM)
- $15.3B
- +3%
- Free cash flow
- $759.0M
- Gross margin
- 17.6%
- Operating margin
- 8.7%
- Return on equity
- 12.1%
- Dividend yield
- 0.10%
- 52-week range
- $71.87 – $101.57
- Beta
- 0.91
- Price / sales
- 0.9x
- EV / EBITDA
- 9.5x
- Debt / equity
- 0.52x
- Employees
- 34,000
TXT report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth3.0%D
- Gross margin17.6%D
- Operating margin8.7%D
- FCF margin5.0%D
- Return on equity12.1%C
- Net debt / EBITDA1.7xC
- Forward P/E10.6xA
- PEG ratio0.9xA
- Shareholder yield6.3%A
- Share count change / yr-5.0%A
Textron financials
Revenue went from $13.9B in fiscal 2015 to $14.8B in fiscal 2026, growing 0.6% a year.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.9B | $13.8B | $14.2B | $14.0B | $13.6B | $11.7B | $12.9B | $13.7B | $13.7B | $14.8B |
| Gross profit | $2.5B | $2.5B | $2.4B | $2.4B | $2.2B | $1.6B | — | — | — | — |
| Net income | $600.0M | $962.0M | $307.0M | $1.2B | $815.0M | $309.0M | $861.0M | $921.0M | $824.0M | $921.0M |
| EPS (diluted) | $2.13 | $3.53 | $1.14 | $4.83 | — | — | $4.01 | $4.56 | $4.33 | $5.11 |
| Free cash flow | $779.0M | $479.0M | $513.0M | $738.0M | $675.0M | $451.0M | $1.1B | $864.0M | $650.0M | $929.0M |
| Buybacks | $340.0M | $241.0M | $582.0M | $1.8B | $503.0M | $183.0M | $867.0M | $1.2B | $1.1B | $822.0M |
| Dividends paid | $28.0M | $22.0M | $21.0M | $20.0M | $18.0M | $18.0M | $17.0M | $16.0M | $12.0M | $18.0M |
| Diluted shares | 281.8M | 272.4M | 268.8M | 253.2M | 232.7M | 229.0M | 215.0M | 201.8M | 190.3M | 180.3M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into TXT?
A reverse DCF asks what growth the current price requires. With an enterprise value of $16.0B and $759.0M of trailing free cash flow, Textron needs to grow free cash flow about 11.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 6.6% a year over the last five years.
P/E ratio history
Current 15.0x vs. median 16.8x (10th–90th percentile 9.4x–32.0x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
TXT dividend
- Dividend yield
- 0.10%
- Annual dividend
- $0.08
- Years of increases
- —
- 5-yr dividend growth
- 0.0%
- per year
- Payout ratio
- 2%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
TXT earnings
Next report: October 29, 2026. Textron has beaten EPS estimates 7 quarters in a row. Last quarter's revenue was $3.8B (+3% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 28, 2026 | $1.55 | $1.62 | +4.8% |
| Apr 30, 2026 | $1.30 | $1.45 | +11.3% |
| Jan 28, 2026 | $1.70 | $1.73 | +1.5% |
| Oct 23, 2025 | $1.46 | $1.55 | +6.4% |
| Jul 24, 2025 | $1.45 | $1.55 | +7.2% |
| Apr 24, 2025 | $1.14 | $1.28 | +12.6% |
| Jan 22, 2025 | $1.25 | $1.34 | +6.8% |
| Oct 24, 2024 | $1.50 | $1.40 | -6.4% |
Stocks like TXT
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 GE GE Aerospace | -2.69% | -6% | $296.4B | 32.6x | Compare |
 RTX RTX | -1.90% | +8% | $257.8B | 31.1x | Compare |
 BA Boeing | +0.43% | -14% | $148.9B | 67.3x | Compare |
 LMT Lockheed Martin | +2.42% | +27% | $139.6B | 21.5x | Compare |
 GD General Dynamics | -0.41% | +4% | $94.5B | 21.3x | Compare |
 NOC Northrop Grumman | -0.16% | -7% | $78.3B | 17.4x | Compare |
 HWM Howmet Aerospace | -3.82% | -7% | $74.1B | 40.1x | Compare |
 TDG Transdigm | -3.23% | -18% | $61.1B | 33.5x | Compare |
TXT news
- Textron (TXT) Stock May Be 48% Undervalued On Fresh Cessna Order · Oct 24, 2026
- Textron (TXT) Unveils Its First Production Citation CJ4 Gen3 Jet · Oct 24, 2026
- Analysts Estimate Textron (TXT) to Report a Decline in Earnings: What to Look Out for · Oct 22, 2026
- Civil Air Patrol Orders 21 New Cessna Aircraft to Strengthen Lifesaving and Community Missions · Oct 21, 2026
- TRU Simulation introduces first Cessna Grand Caravan EX Flight Training Device on the Veris platform · Oct 20, 2026
TXT stock FAQ
What is TXT's market cap?
Textron's market capitalization is $13.21 billion as of October 23, 2026, ranking 467th in the S&P 500.
What is TXT's P/E ratio?
TXT trades at a trailing price-to-earnings ratio of 14.5x and a forward P/E of 10.6x. Its median P/E over the period we track is 16.8x.
Does TXT pay a dividend?
Yes. Textron pays $0.08 per share a year, a 0.10% yield. Dividends grew 0.0% a year over the last five years.
How much has TXT stock returned?
Including reinvested dividends, TXT returned -3.2% over one year, +0.7% a year over five years, +7.2% a year over ten years through October 23, 2026.
Is TXT stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Textron must grow free cash flow about 12% a year for the next decade. Its free cash flow grew 7% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does TXT report earnings?
Textron is expected to report earnings on October 29, 2026. It has beaten EPS estimates 7 quarters in a row.
How many employees does Textron have?
Textron has about 34,000 full-time employees, or $449,971 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology