TXT
Textron Inc.
TXT's fundamentals are mixed: earnings per share grew 22%, while its operating margin held steady at 7.6%. At 15x earnings, it's trading below its usual 18x. Analysts expect earnings growth.
TXT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
TXT's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
TXT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 12x | $84.31 | — |
| Current | 15x | $84.31 | — |
| Cheap | 16x | $89.89 | +6.6% |
| Fair | 18x | $101 | +20% |
| Expensive | 23x | $126 | +49% |
Historical ranges are pointers, not guarantees.
TXT's PE is in its cheap range at 15x. If earnings grow as analysts expect, today's price would be 12x next year's earnings.
TXT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for TXT, with profitability improving.
TXT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.03 | +27% |
| Q3 2026 | $5.55 | +22% |
| Q2 2026 | $5.30 | +20% |
| Q1 2026 | $5.23 | +18% |
| Q4 2025 | $5.11 | +18% |
| Q3 2025 | $4.56 | +0.2% |
| Q2 2025 | $4.43 | -6.1% |
| Q1 2025 | $4.43 | -5.1% |
| Q4 2024 | $4.33 | -5% |
TXT earned $5.55 per share over the past year, up 22% from the year before.
TXT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.8B | +4.1% |
| Q2 2026 | $3.8B | +3% |
| Q1 2026 | $3.7B | +12% |
| Q4 2025 | $4.2B | +16% |
| Q3 2025 | $3.6B | +5.1% |
| Q2 2025 | $3.7B | +5.4% |
| Q1 2025 | $3.3B | +5.5% |
| Q4 2024 | $3.6B | -7.2% |
TXT's revenue has grown year over year for seven quarters in a row: $3.8B last quarter, up 4.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.6% | -0.2 points |
| Q2 2026 | 7.9% | -0.2 points |
| Q1 2026 | 7.2% | -0.1 points |
| Q4 2025 | 6.7% | +3 points |
| Q3 2025 | 8.8% | +1.4 points |
| Q2 2025 | 8.1% | -1.1 points |
| Q1 2025 | 7.3% | -0.3 points |
| Q4 2024 | 3.6% | -2.3 points |
TXT's operating margin was 8.6% last quarter, about level with the same quarter a year ago.
TXT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $323M | +18% |
| Q2 2026 | $209M | -32% |
| Q1 2026 | -$250M | -$70M |
| Q4 2025 | $527M | +80% |
| Q3 2025 | $273M | +99% |
| Q2 2025 | $309M | +5.5% |
| Q1 2025 | -$180M | -$107M |
| Q4 2024 | $293M | -21% |
TXT still generates free cash flow, though less than at its 2020 peak: $809M over the past year.
TXT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -2.5M shares |
| 1 year | -3.7% | -6.6M shares |
| 3 years | -14% | -27.5M shares |
| 5 years | -24% | -54M shares |
| Available history | -25% | -57.3M shares |
TXT has 173M diluted shares, down 3.7% from a year ago, with $803M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $239M |
| Q2 2026 | $209M |
| Q1 2026 | $168M |
| Q4 2025 | $187M |
| Q3 2025 | $206M |
| Q2 2025 | $214M |
| Q1 2025 | $215M |
| Q4 2024 | $232M |
TXT spent $803M buying back its own shares over the past year, down 7.4% from the year before.
TXT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.0x | Net Cash |
| Q1 2026 | -1.0x | Net Cash |
| Q4 2025 | -1.3x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.1x | Net Cash |
| Q1 2025 | -0.9x | Net Cash |
| Q4 2024 | -1.1x | Net Cash |
TXT has more cash than debt.
TXT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.4 | Neutral |
| Stochastic | 61.8 | Neutral |
TXT's weekly RSI is 50 (neutral) and its Stochastic is 62 (neutral).
TXT PE vs Industrials Sector
| Metric | TXT | Sector median | Relative |
|---|---|---|---|
| PE | 15x | 24x | 37% below |
| PE % | 12 | 58 | 46 pts below |
TXT is trading at 15x earnings, a 37% discount to the Industrials sector's median of 24x.
TXT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $79.3 | 6.3% above |
| 20 week MA | $83.7 | 0.7% above |
| 50 week MA | $88.4 | 4.6% below |
| 100 week MA | $82.8 | 1.8% above |
| 200 week MA | $81.4 | 3.6% above |
TXT's trend is mixed: it's above four of its five weekly moving averages, and 3.6% above its 200-week average.
TXT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $44.4 | $48.1 | +8.4% |
| 2021 | $48.1 | $75.9 | +58% |
| 2022 | $75.9 | $70.4 | -7.2% |
| 2023 | $70.4 | $80.4 | +14% |
| 2024 | $80.4 | $77.2 | -4% |
| 2025 | $77.2 | $90.2 | +17% |
| 2026 YTD | $90.2 | $84.3 | -6.6% |
TXT has finished higher in four of the last six years. It's down 6.6% so far in 2026.