# Textron, Inc. (TXT) — Stock CV

Textron, Inc. is a $12.8B industrial company. Revenue grew 8.8% over the last year, it keeps 6¢ of every dollar of sales as profit, and its net debt equals ~2.0 years of free cash flow. It trades at 13.6× earnings — near the lowest of its own history.

> 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.

## Identity

- **Ticker**: TXT
- **Sector**: Industrials
- **Industry**: Aircraft & Parts
- **Headquarters**: PROVIDENCE, RI
- **Employees**: 34 000
- **Website**: https://www.textron.com
- **Market cap**: $12.8B
- **Last price**: $74.16
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $15.3B
- **Net income**: $937M
- **Free cash flow**: $759M
- **Net debt**: $1.51B
- **P/E**: 13.6
- **Revenue growth (YoY)**: 8.8%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 90 |
| Growth | 58 |
| Profitability | 42 |
| Health | 63 |
| Quality | 89 |
| Moat | 37 |

## Qualifications (beginner checklist) — 10 of 11 passed

- [x] Revenue growing — +8.8% YoY
- [x] Profitable — $937M TTM
- [x] Profit growing — +3.8% YoY
- [x] Generates cash — $759M TTM
- [x] Debt under control — ~2.0y of cash flow to repay
- [x] Established company — $12.8B market cap
- [x] Not printing shares — -20.0% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [ ] Financially stable — health score 43/100
- [x] Pays a dividend — yield 0.14%
- [x] Valuation not extreme — P/E 13.6

## Experience (career milestones)

- **2022** — Textron agreed to acquire Pipistrel, an electrically powered aircraft manufacturer based in Italy and…
- **FY2018** — Best year on record: $1.22B net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $10B: $13.8B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **2013** — Textron acquired Mechtronix in Montreal, Quebec, and OPINICUS in Tampa, Florida, in 2013
- **1996** — This $1.4 billion acquisition included the parent of Paul Revere Insurance Company (through 1996
- **1984** — Textron took on more debt and bought Avco, a conglomerate almost as big as itself
- **1960** — The company also bought Bell Aerospace and E-Z-Go
- **1947** — The company was listed on the NYSE in 1947
- **1928** — Textron started as a textile company in 1928, when 37-year-old Royal Little founded the Special Yarns Corporation in…

## Strengths

- Interest covered 10.0× by operating earnings
- Piotroski F-Score 7/9 — fundamentally strong checklist

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $12.4B | $746M | $1.22B |
| FY2022 | $12.9B | $861M | $1.13B |
| FY2023 | $13.7B | $921M | $864M |
| FY2024 | $13.7B | $824M | $650M |
| FY2025 | $14.8B | $921M | $929M |

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Source: https://stockcv.com/TXT — derived from company filings; may be delayed or incomplete. Information, not investment advice.
