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Textron (TXT)

(Delayed Data from NYSE)

$86.51 USD

86.51
2,678,518

+1.61 (1.90%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $86.51 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 38% (95 out of 252)

Industry: Aerospace - Defense

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Better trading starts here.

Balance Sheet

Research for TXT

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Textron Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 2,181 2,035 2,117 2,254 1,357
Receivables 868 855 838 787 921
Notes Receivable 585 563 605 744 682
Inventories 3,914 3,550 3,468 3,513 4,069
Other Current Assets 857 1,033 1,018 950 894
Total Current Assets 8,405 8,036 8,046 8,248 7,923
Net Property & Equipment 2,477 2,523 2,538 2,516 2,527
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,295 2,283 2,149 2,157 2,150
Deposits & Other Assets 3,679 3,451 3,094 2,522 2,418
Total Assets 16,856 16,293 15,827 15,443 15,018
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 1,023 1,018 786 776 1,378
Current Portion Long-Term Debt 357 7 6 509 561
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 2,344 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 2,998 2,645 0 1,985 1,907
Total Current Liabilities 4,378 3,670 3,136 3,270 3,846
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,517 3,550 3,179 3,860 3,249
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,974 1,960 2,697 2,468 2,405
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9,869 9,180 9,012 9,598 9,500
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 24 26 28 29 29
Capital Surplus 1,910 1,880 1,863 1,785 1,674
Retained Earnings 5,862 5,903 5,870 5,973 5,682
Other Equity -644 -612 -789 -1,739 -1,847
Treasury Stock 165 84 157 203 20
Total Shareholder's Equity 6,987 7,113 6,815 5,845 5,518
Total Liabilities & Shareholder's Equity 16,856 16,293 15,827 15,443 15,018
Total Common Equity 6,987 7,113 6,815 5,845 5,518
Shares Outstanding 196.00 208.70 220.40 228.80 228.20
Book Value Per Share 35.65 34.08 30.92 25.55 24.18

Fiscal Year End for Textron Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 2,181 1,716 1,750 1,799
Receivables NA 868 892 953 928
Notes Receivable NA 585 599 574 555
Inventories NA 3,914 4,207 4,108 3,934
Other Current Assets NA 857 815 829 949
Total Current Assets NA 8,405 8,229 8,214 8,165
Net Property & Equipment NA 2,477 2,451 2,487 2,505
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 2,295 2,281 2,291 2,289
Deposits & Other Assets NA 3,679 3,531 3,493 3,434
Total Assets NA 16,856 16,492 16,485 16,393
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,023 1,216 1,227 1,281
Current Portion Long-Term Debt NA 357 357 357 357
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 2,998 2,814 2,820 2,651
Total Current Liabilities NA 4,378 4,387 4,404 4,289
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 3,517 3,174 3,179 3,193
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,864 1,868 1,903
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 9,869 9,425 9,451 9,385
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 24 26 26 26
Capital Surplus NA 1,910 2,031 1,973 1,942
Retained Earnings NA 5,862 6,614 6,349 6,090
Other Equity NA -644 -628 -574 -586
Treasury Stock NA 165 976 740 464
Total Shareholder's Equity NA 6,987 7,067 7,034 7,008
Total Liabilities & Shareholder's Equity NA 16,856 16,492 16,485 16,393
Total Common Equity 0 6,987 7,067 7,034 7,008
Shares Outstanding 192.30 196.00 196.00 198.00 201.60
Book Value Per Share 0.00 35.65 36.06 35.53 34.76