T

Textron Inc.

TXT · CIK 0000217346

18 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$14.80B8.0%
FY2025
Net income (FY)
$921.0M11.8%
FY2025
Free cash flow (FY)
$929.0M42.9%
FY2025
Diluted EPS (FY)
$5.1118.0%
FY2025
The story, charted

The shape of the business

FY2008–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$5B$10B$15BFY2008 · Revenue $14.01B · Net income $486.0M · 0000950123-11-020392 · filed 2011-03-01FY08Revenue $14.01BNet income $486.0M0000950123-11-020392 · filed 2011-03-01FY2009 · Revenue $10.50B · Net income −$31.0M · 0001193125-12-074981 · filed 2012-02-23FY09Revenue $10.50BNet income −$31.0M0001193125-12-074981 · filed 2012-02-23FY2010 · Revenue $10.53B · Net income $86.0M · 0001104659-13-011048 · filed 2013-02-15FY10Revenue $10.53BNet income $86.0M0001104659-13-011048 · filed 2013-02-15FY2011 · Revenue $11.28B · Net income $242.0M · 0001104659-14-009908 · filed 2014-02-14FY11Revenue $11.28BNet income $242.0M0001104659-14-009908 · filed 2014-02-14FY2012 · Revenue $12.24B · Net income $589.0M · 0001104659-15-013784 · filed 2015-02-25FY12Revenue $12.24BNet income $589.0M0001104659-15-013784 · filed 2015-02-25FY2013 · Revenue $12.10B · Net income $498.0M · 0001104659-16-099562 · filed 2016-02-24FY13Revenue $12.10BNet income $498.0M0001104659-16-099562 · filed 2016-02-24FY2014 · Revenue $13.88B · Net income $600.0M · 0001104659-17-010809 · filed 2017-02-22FY14Revenue $13.88BNet income $600.0M0001104659-17-010809 · filed 2017-02-22FY2015 · Revenue $13.42B · Net income $697.0M · 0001104659-18-009905 · filed 2018-02-15FY15Revenue $13.42BNet income $697.0M0001104659-18-009905 · filed 2018-02-15FY2016 · Revenue $13.79B · Net income $962.0M · 0001104659-19-008151 · filed 2019-02-14FY16Revenue $13.79BNet income $962.0M0001104659-19-008151 · filed 2019-02-14FY2017 · Revenue $14.20B · Net income $307.0M · 0001104659-20-024773 · filed 2020-02-25FY17Revenue $14.20BNet income $307.0M0001104659-20-024773 · filed 2020-02-25FY2018 · Revenue $13.97B · Net income $1.22B · 0001104659-20-024773 · filed 2020-02-25 · 0000217346-21-000019 · filed 2021-02-19FY18Revenue $13.97BNet income $1.22B0001104659-20-024773 · filed 2020-02-25 · 0000217346-21-000019 · filed 2021-02-19FY2019 · Revenue $13.63B · Net income $815.0M · 0001104659-20-024773 · filed 2020-02-25 · 0000217346-22-000005 · filed 2022-02-17FY19Revenue $13.63BNet income $815.0M0001104659-20-024773 · filed 2020-02-25 · 0000217346-22-000005 · filed 2022-02-17FY2020 · Revenue $11.65B · Net income $309.0M · 0000217346-23-000006 · filed 2023-02-16FY20Revenue $11.65BNet income $309.0M0000217346-23-000006 · filed 2023-02-16FY2021 · Revenue $12.38B · Net income $746.0M · 0000217346-24-000017 · filed 2024-02-12FY21Revenue $12.38BNet income $746.0M0000217346-24-000017 · filed 2024-02-12FY2022 · Revenue $12.87B · Net income $861.0M · 0000217346-25-000017 · filed 2025-02-06FY22Revenue $12.87BNet income $861.0M0000217346-25-000017 · filed 2025-02-06FY2023 · Revenue $13.68B · Net income $921.0M · 0000217346-26-000006 · filed 2026-02-11FY23Revenue $13.68BNet income $921.0M0000217346-26-000006 · filed 2026-02-11FY2024 · Revenue $13.70B · Net income $824.0M · 0000217346-26-000006 · filed 2026-02-11FY24Revenue $13.70BNet income $824.0M0000217346-26-000006 · filed 2026-02-11FY2025 · Revenue $14.80B · Net income $921.0M · 0000217346-26-000006 · filed 2026-02-11FY25Revenue $14.80BNet income $921.0M0000217346-26-000006 · filed 2026-02-11FY25Revenue $14.80BNet income $921.0M0000217346-26-000006 · filed 2026-02-11FY09FY11FY13FY15FY17FY19FY21FY23FY25

revenue 1.1× since FY2008 · net margin 3.5% → 6.2%

MarginsNet marginFCF margin
0%5%10%FY2008 · Net margin 3.5% · FCF margin 1.5%FY08Net margin 3.5%FCF margin 1.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin -0.3% · FCF margin 7.4%FY09Net margin -0.3%FCF margin 7.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 0.8% · FCF margin 6.8%FY10Net margin 0.8%FCF margin 6.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 2.1% · FCF margin 5.7%FY11Net margin 2.1%FCF margin 5.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 4.8% · FCF margin 3.7%FY12Net margin 4.8%FCF margin 3.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 4.1% · FCF margin 3.0%FY13Net margin 4.1%FCF margin 3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 4.3% · FCF margin 5.6%FY14Net margin 4.3%FCF margin 5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 5.2% · FCF margin 5.0%FY15Net margin 5.2%FCF margin 5.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 7.0% · FCF margin 3.5%FY16Net margin 7.0%FCF margin 3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 2.2% · FCF margin 3.6%FY17Net margin 2.2%FCF margin 3.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 8.7% · FCF margin 5.3%FY18Net margin 8.7%FCF margin 5.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 6.0% · FCF margin 5.0%FY19Net margin 6.0%FCF margin 5.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 2.7% · FCF margin 3.9%FY20Net margin 2.7%FCF margin 3.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 6.0% · FCF margin 9.9%FY21Net margin 6.0%FCF margin 9.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 6.7% · FCF margin 8.8%FY22Net margin 6.7%FCF margin 8.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 6.7% · FCF margin 6.3%FY23Net margin 6.7%FCF margin 6.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 6.0% · FCF margin 4.7%FY24Net margin 6.0%FCF margin 4.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 6.2% · FCF margin 6.3%FY25Net margin 6.2%FCF margin 6.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 6.2%FCF margin 6.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 6.2% · free cash flow 6.3% of revenue

Cash engineOperating cash flowFree cash flow
$0$500M$1B$1.5BFY2008 · OCF $750.0M · FCF $205.0M · 0000950123-11-020392 · filed 2011-03-01FY08OCF $750.0MFCF $205.0M0000950123-11-020392 · filed 2011-03-01FY2009 · OCF $1.01B · FCF $777.0M · 0001193125-12-074981 · filed 2012-02-23FY09OCF $1.01BFCF $777.0M0001193125-12-074981 · filed 2012-02-23FY2010 · OCF $984.0M · FCF $714.0M · 0001104659-13-011048 · filed 2013-02-15FY10OCF $984.0MFCF $714.0M0001104659-13-011048 · filed 2013-02-15FY2011 · OCF $1.06B · FCF $640.0M · 0001104659-14-009908 · filed 2014-02-14FY11OCF $1.06BFCF $640.0M0001104659-14-009908 · filed 2014-02-14FY2012 · OCF $927.0M · FCF $447.0M · 0001104659-15-013784 · filed 2015-02-25FY12OCF $927.0MFCF $447.0M0001104659-15-013784 · filed 2015-02-25FY2013 · OCF $810.0M · FCF $366.0M · 0001104659-16-099562 · filed 2016-02-24FY13OCF $810.0MFCF $366.0M0001104659-16-099562 · filed 2016-02-24FY2014 · OCF $1.21B · FCF $779.0M · 0001104659-17-010809 · filed 2017-02-22FY14OCF $1.21BFCF $779.0M0001104659-17-010809 · filed 2017-02-22FY2015 · OCF $1.09B · FCF $670.0M · 0001104659-18-009905 · filed 2018-02-15FY15OCF $1.09BFCF $670.0M0001104659-18-009905 · filed 2018-02-15FY2016 · OCF $925.0M · FCF $479.0M · 0001104659-19-008151 · filed 2019-02-14FY16OCF $925.0MFCF $479.0M0001104659-19-008151 · filed 2019-02-14FY2017 · OCF $936.0M · FCF $513.0M · 0001104659-20-024773 · filed 2020-02-25FY17OCF $936.0MFCF $513.0M0001104659-20-024773 · filed 2020-02-25FY2018 · OCF $1.11B · FCF $738.0M · 0000217346-21-000019 · filed 2021-02-19FY18OCF $1.11BFCF $738.0M0000217346-21-000019 · filed 2021-02-19FY2019 · OCF $1.01B · FCF $675.0M · 0000217346-22-000005 · filed 2022-02-17FY19OCF $1.01BFCF $675.0M0000217346-22-000005 · filed 2022-02-17FY2020 · OCF $768.0M · FCF $451.0M · 0000217346-23-000006 · filed 2023-02-16FY20OCF $768.0MFCF $451.0M0000217346-23-000006 · filed 2023-02-16FY2021 · OCF $1.60B · FCF $1.22B · 0000217346-24-000017 · filed 2024-02-12FY21OCF $1.60BFCF $1.22B0000217346-24-000017 · filed 2024-02-12FY2022 · OCF $1.49B · FCF $1.13B · 0000217346-25-000017 · filed 2025-02-06FY22OCF $1.49BFCF $1.13B0000217346-25-000017 · filed 2025-02-06FY2023 · OCF $1.27B · FCF $864.0M · 0000217346-26-000006 · filed 2026-02-11FY23OCF $1.27BFCF $864.0M0000217346-26-000006 · filed 2026-02-11FY2024 · OCF $1.01B · FCF $650.0M · 0000217346-26-000006 · filed 2026-02-11FY24OCF $1.01BFCF $650.0M0000217346-26-000006 · filed 2026-02-11FY2025 · OCF $1.31B · FCF $929.0M · 0000217346-26-000006 · filed 2026-02-11FY25OCF $1.31BFCF $929.0M0000217346-26-000006 · filed 2026-02-11FY25OCF $1.31BFCF $929.0M0000217346-26-000006 · filed 2026-02-11’09’13’17’21’25

FY2025: $1.31B operating cash − $383.0M capex = $929.0M free cash flow

Returns on capitalReturn on equityReturn on assets
0%10%20%FY2009 · ROE -1.1% · ROA -0.2%FY09ROE -1.1%ROA -0.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 2.9% · ROA 0.6%FY10ROE 2.9%ROA 0.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 8.8% · ROA 1.8%FY11ROE 8.8%ROA 1.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 19.7% · ROA 4.5%FY12ROE 19.7%ROA 4.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 11.4% · ROA 3.8%FY13ROE 11.4%ROA 3.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 14.0% · ROA 4.1%FY14ROE 14.0%ROA 4.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 14.0% · ROA 4.7%FY15ROE 14.0%ROA 4.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 17.3% · ROA 6.3%FY16ROE 17.3%ROA 6.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 5.4% · ROA 2.0%FY17ROE 5.4%ROA 2.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 23.5% · ROA 8.6%FY18ROE 23.5%ROA 8.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 14.8% · ROA 5.4%FY19ROE 14.8%ROA 5.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 5.3% · ROA 2.0%FY20ROE 5.3%ROA 2.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 10.9% · ROA 4.7%FY21ROE 10.9%ROA 4.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 12.1% · ROA 5.3%FY22ROE 12.1%ROA 5.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 13.2% · ROA 5.5%FY23ROE 13.2%ROA 5.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 11.4% · ROA 4.9%FY24ROE 11.4%ROA 4.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 11.7% · ROA 5.1%FY25ROE 11.7%ROA 5.1%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 11.7%ROA 5.1%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity -1% (FY2009) → 12% (FY2025) · on assets 5.1%

Balance sheetLiabilitiesEquity
$0$10B$20BFY2009 · Liabilities $16.11B · Equity $2.83BFY09Liabilities $16.11BEquity $2.83B0000950123-11-020392 · filed 2011-03-01FY2010 · Liabilities $12.31B · Equity $2.97BFY10Liabilities $12.31BEquity $2.97B0001193125-12-074981 · filed 2012-02-23FY2011 · Liabilities $10.87B · Equity $2.75BFY11Liabilities $10.87BEquity $2.75B0001104659-13-011048 · filed 2013-02-15FY2012 · Liabilities $10.04B · Equity $2.99BFY12Liabilities $10.04BEquity $2.99B0001104659-14-009908 · filed 2014-02-14FY2013 · Liabilities $8.56B · Equity $4.38BFY13Liabilities $8.56BEquity $4.38B0001104659-15-013784 · filed 2015-02-25FY2014 · Liabilities $10.33B · Equity $4.27BFY14Liabilities $10.33BEquity $4.27B0001104659-16-099562 · filed 2016-02-24FY2015 · Liabilities $9.74B · Equity $4.96BFY15Liabilities $9.74BEquity $4.96B0001104659-17-010809 · filed 2017-02-22FY2016 · Liabilities $9.78B · Equity $5.57BFY16Liabilities $9.78BEquity $5.57B0001104659-18-009905 · filed 2018-02-15FY2017 · Liabilities $9.69B · Equity $5.65BFY17Liabilities $9.69BEquity $5.65B0001104659-19-008151 · filed 2019-02-14FY2018 · Liabilities $9.07B · Equity $5.19BFY18Liabilities $9.07BEquity $5.19B0001104659-20-024773 · filed 2020-02-25FY2019 · Liabilities $9.50B · Equity $5.52BFY19Liabilities $9.50BEquity $5.52B0000217346-21-000019 · filed 2021-02-19FY2020 · Liabilities $9.60B · Equity $5.84BFY20Liabilities $9.60BEquity $5.84B0000217346-22-000005 · filed 2022-02-17FY2021 · Liabilities $9.01B · Equity $6.82BFY21Liabilities $9.01BEquity $6.82B0000217346-23-000006 · filed 2023-02-16FY2022 · Liabilities $9.18B · Equity $7.11BFY22Liabilities $9.18BEquity $7.11B0000217346-24-000017 · filed 2024-02-12FY2023 · Liabilities $9.87B · Equity $6.99BFY23Liabilities $9.87BEquity $6.99B0000217346-25-000017 · filed 2025-02-06FY2024 · Liabilities $9.63B · Equity $7.20BFY24Liabilities $9.63BEquity $7.20B0000217346-26-000006 · filed 2026-02-11FY2025 · Liabilities $10.25B · Equity $7.88BFY25Liabilities $10.25BEquity $7.88B0000217346-26-000006 · filed 2026-02-11FY25Liabilities $10.25BEquity $7.88B0000217346-26-000006 · filed 2026-02-11’09’13’17’21’25

FY2025: $18.13B assets · $10.25B liabilities · $7.88B equity

The receipts