Textron Inc. (TXT) Stock

Textron Inc. (TXT) is a Industrials stock trading at $84.38 (as of 2026-08-20), with a market capitalization of $14.67B and a trailing P/E of 15.7. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses. The company's Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts. Its Bell segment supplies military and commercial helicopters, tiltrotor aircrafts, and related spare parts and services. The company's Textron Systems segment offers unmanned aircraft systems, electronic systems and solutions, advanced marine crafts, piston aircraft engines, live military air-to-air and air-to-ship training, weapons and related components, and armored and specialty vehicles. Its Industrial segment offers blow-molded plastic fuel systems, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear-vision systems, and plastic tanks for catalytic reduction systems primarily to automobile original equipment manufacturers; and golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transportation vehicles, aviation ground support equipment, professional turf-maintenance equipment, and turf-care vehicles to golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts, and commercial and industrial users. The company's Finance segment provides financing services to purchase new and pre-owned aircraft and bell helicopters. It serves in the United States, Europe, Asia, Australia, and internationally. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.

Understand Textron Inc.: how it makes money

Textron makes and sells business jets, turboprop and piston aircraft, military trainer and defense aircraft, and helicopters, and it also earns from maintenance, inspection and repair services, commercial parts, and defense and marine-related systems.

The profit engine is the mix of aircraft and helicopter deliveries plus aftermarket and services (maintenance, inspection, repair, and commercial parts), supported by order intake that feeds future production.

Revenue by segment (latest quarter)
Aviation$1.5B
Bell$1.3B
Industrial$0.8B
Systems$0.3B
Finance$0.0B

Business quality (Mixed): Diversified across aircraft, helicopters, defense and systems, with an operating margin of 7.2% in the latest period, but near term profitability and outlook are closely tied to delivery pace and order flow.

Valuation: At 17× earnings, TXT trades 67% below the Aircraft average (54×). Note: one-time items can distort reported P/E.

Bull case

  • Broad product and service coverage: Textron combines aircraft and helicopter manufacturing with maintenance, inspection, and repair services, and it also sells commercial parts.
  • Order and delivery visibility by major lines: The company reports operating volume indicators such as jet deliveries, commercial turboprop deliveries, and commercial helicopter deliveries, alongside book-to-bill and orders.

Bear case

  • Potential mismatch between orders and production timing: Book-to-Bill Ratio is 0.9 and can signal that order intake is not keeping pace with the rate implied by revenue.
  • Cyclicality risk inherent to aerospace delivery-driven businesses: Aircraft and helicopter businesses depend on delivery schedules, so program timing and demand swings can affect segment performance.
Valuation — source: SEC EDGAR (first-party)
Price$84.38
Market Cap$14.67B
P/E Ratio15.7
EV / EBITDA8.3
Price / Book1.82
Price / Sales0.96
FCF Yield5.2%
DCF Value (model)$86.98
DCF Upside vs Price3.1%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$14.80B
Net Margin6.2%
Revenue Growth (YoY)3.0%
EPS Growth (YoY)5.1%
FCF Growth (YoY)-32.4%
Valuation vs Sector & Industry
Stock P/E15.7
Sector P/E (Industrials)25.9
Industry P/E (Aircraft)40.2
vs Sector-39.5%
vs Industry-61.0%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($1.79B)
Institutional Holders Tracked10
Congressional Trades (recent)7
Company
SectorIndustrials
IndustryAircraft
CEOLisa Atherton
Employees34,000
CountryUS
IPO Date1947-12-22

Related Companies (Business model: Defense & Aerospace Prime (Defense Primes + Commercial Aerospace OEMs); 8 closest by market cap)

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TXT earnings history · TXT institutional & insider holders · TXT KPIs & operating metrics · TXT financials · TXT investor presentations & press releases · TXT SEC filings · TXT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.