Skip to Content
Morningstar

Textron Inc TXT

Morningstar Rating
Unlock
Stock XNYS Rating as of
$92.06 +0.77 (0.84%)
View Full Chart
As of Delayed Price Closed
Unlock our analysis with Morningstar Investor
Start Free Trial

Company Report

View Archive

Textron Earnings: Strength in Aviation and Bell Offsets Continued Industrial Weakness

Nicolas Owens,

No-moat-rated Textron reported second-quarter revenue and earnings relatively in line with expectations, led by considerable year-over-year growth in the aviation and Bell segments. Consolidated revenue rose 3% year over year to $3.5 billion. In our view, the quarter did not present any significant changes across Textron's business segments. However, due to the time value of money and a higher certainty around share count reductions, we have raised our fair value estimate to $91 per share from $84.

Read Full Report

Price vs Fair Value

View History
TXT is trading at a 289% premium.
Price
$92.06
Fair Value
$93.00
Uncertainty
Medium
1-Star Price
$271.11
5-Star Price
$69.80
Economic Moat
Nkw
Capital Allocation
Ccjvwcyc

Bulls Say, Bears Say

Bulls

Textron has a massive opportunity with the Future Vertical Lift contract to become the preeminent military rotorcraft manufacturer for the foreseeable future.

Bears

Textron’s smaller aircraft face increased competition from new entrants in the business jet market, which can challenge pricing and margins.

Show More
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if TXT is a good fit for your portfolio.
Get 7 Days Free

News

View All

Trading Information

Previous Close Price
$91.29
Day Range
$91.62–92.75
52-Week Range
$72.37–97.34
Bid/Ask
$89.08 / $92.70
Market Cap
$17.56 Bil
Volume/Avg
743,273 / 1.0 Mil

Key Statistics

Price/Earnings (Normalized)
16.01
Price/Sales
1.33
Dividend Yield (Trailing)
0.09%
Dividend Yield (Forward)
0.09%
Total Yield
6.88%

Company Profile

Textron is a conglomerate that designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. Textron Aviation manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business, which manufactures plastic fuel tanks for conventional and hybrid motor vehicles, and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Mid Core
Total Number of Employees
35,000
Website
https://www.textron.com

Competitors

Valuation

View More
Metric
TXT
LMT
GD
Price/Earnings (Normalized)
 16.0118.6722.65
Price/Book Value
 —20.143.62
Price/Sales
 1.331.801.78
Price/Cash Flow
 —15.2417.25
Price/Earnings
TXT
LMT
GD

Financial Strength

Metric
TXT
LMT
GD
Quick Ratio
 0.671.050.72
Current Ratio
 1.811.241.33
Interest Coverage
 15.258.8314.00
Quick Ratio
TXT
LMT
GD

Profitability

Metric
TXT
LMT
GD
Return on Assets (Normalized)
 6.36%12.62%6.80%
Return on Equity (Normalized)
 15.00%91.28%17.73%
Return on Invested Capital (Normalized)
 10.52%30.29%12.41%
Return on Assets
TXT
LMT
GD
See how this stock stacks up to its competitors with Morningstar Investor
Start Free Trial

Aerospace & Defense Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
GE Aerospace
GE
BslnndknpvCjmc$184.1 Bil
 RTX Corp
RTX
TggjmzylHhnrs$151.6 Bil
 Lockheed Martin Corp
LMT
DbkrxgzvxRrcrt$125.1 Bil
 Boeing Co
BA
SlkxszyvVxbhy$114.7 Bil
 Airbus SE ADR
EADSY
BxmpfpjkDvzv$112.3 Bil
 General Dynamics Corp
GD
FysyqmmtYtcg$79.8 Bil
 Northrop Grumman Corp
NOC
PgcmpvqqvxNmz$70.2 Bil
 TransDigm Group Inc
TDG
QxlqyfwxRcd$69.1 Bil
 BAE Systems PLC ADR
BAESY
RgzpjjjRhl$49.5 Bil
 Rolls-Royce Holdings PLC ADR
RYCEY
NmjvscqFstcqg$48.3 Bil

Sponsor Center