What is Textron's earnings per share (EPS)?

Textron (TXT) reported diluted earnings per share of $5.11 for fiscal year 2026. This represents a 18.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Textron Financials

TXT

Source SEC Filings (10-K/10-Q) Updated Jan 3, 2026 Currency USD FYE January

This page shows Textron (TXT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Earnings Quality Cash-Backed

1.42x

For every $1 of reported earnings, Textron generates $1.42 in operating cash flow ($1.3B OCF vs $921.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$14.8B

YoY+8.0%

5Y CAGR+1.7%

10Y CAGR+2.0%

Textron generated $14.8B in revenue in fiscal year 2026. This represents an increase of 8.0% from the prior year.

EBITDA

N/A

Net Income

$921.0M

YoY+11.8%

5Y CAGR+2.5%

10Y CAGR+6.3%

Textron reported $921.0M in net income in fiscal year 2026. This represents an increase of 11.8% from the prior year.

EPS (Diluted)

$5.11

YoY+18.0%

5Y CAGR+7.9%

10Y CAGR+11.3%

Textron earned $5.11 per diluted share (EPS) in fiscal year 2026. This represents an increase of 18.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$929.0M

YoY+42.9%

5Y CAGR+6.6%

10Y CAGR+9.8%

Textron generated $929.0M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 42.9% from the prior year.

Cash & Debt

N/A

Dividends Per Share

$0.08

YoY+0.0%

5Y CAGR+0.0%

10Y CAGR+0.0%

Textron paid $0.08 per share in dividends in fiscal year 2026. This represents an increase of 0.0% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

6.2%

YoY+0.2pp

5Y CAGR+0.2pp

10Y CAGR+2.1pp

Textron's net profit margin was 6.2% in fiscal year 2026, showing the share of revenue converted to profit. This is up 0.2 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

$521.0M

YoY+6.1%

5Y CAGR-4.2%

10Y CAGR-2.2%

Textron invested $521.0M in research and development in fiscal year 2026. This represents an increase of 6.1% from the prior year.

Share Buybacks

$822.0M

YoY-26.7%

5Y CAGR+10.3%

Textron spent $822.0M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 26.7% from the prior year.

Capital Expenditures

$383.0M

YoY+5.2%

5Y CAGR+2.5%

10Y CAGR-1.5%

Textron invested $383.0M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents an increase of 5.2% from the prior year.

TXT Income Statement

Metric	FY26	FY24	FY23	FY22	FY21	FY20
Revenue	$14.8B+8.0%	$13.7B+0.1%	$13.7B+6.3%	$12.9B+10.5%	$11.7B-14.5%	$13.6B
Cost of Revenue	N/A	N/A	N/A	N/A	$10.1B-11.5%	$11.4B
Gross Profit	N/A	N/A	N/A	N/A	$1.6B-30.0%	$2.2B
R&D Expenses	$521.0M+6.1%	$491.0M-13.9%	$570.0M-5.2%	$601.0M+9.5%	$549.0M-15.1%	$647.0M
SG&A Expenses	$1.2B+1.5%	$1.2B-5.6%	$1.2B+3.3%	$1.2B+13.5%	$1.0B-9.3%	$1.2B
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	-$126.0M-29.9%	-$97.0M-26.0%	-$77.0M+28.0%	-$107.0M-164.5%	$166.0M-2.9%	$171.0M
Income Tax	$214.0M+81.4%	$118.0M-28.5%	$165.0M+7.1%	$154.0M+670.4%	-$27.0M-121.3%	$127.0M
Net Income	$921.0M+11.8%	$824.0M-10.5%	$921.0M+7.0%	$861.0M+178.6%	$309.0M-62.1%	$815.0M
EPS (Diluted)	$5.11+18.0%	$4.33-5.0%	$4.56+13.7%	$4.01+197.0%	$1.35-61.4%	$3.50

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$4.2B+15.9%	$3.6B-3.1%	$3.7B+12.4%	$3.3B-8.5%	$3.6B+5.4%	$3.4B-2.8%	$3.5B+12.5%	$3.1B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$134.0M+13.6%	$118.0M-13.9%	$137.0M+3.8%	$132.0M+13.8%	$116.0M-7.9%	$126.0M+20.0%	$105.0M-27.1%	$144.0M
SG&A Expenses	$315.0M+22.6%	$257.0M-15.2%	$303.0M+1.7%	$298.0M+12.5%	$265.0M-6.0%	$282.0M-3.8%	$293.0M-7.3%	$316.0M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	-$36.0M-20.0%	-$30.0M+3.2%	-$31.0M-6.9%	-$29.0M-11.5%	-$26.0M0.0%	-$26.0M-4.0%	-$25.0M-25.0%	-$20.0M
Income Tax	$43.0M-46.9%	$81.0M+44.6%	$56.0M+64.7%	$34.0M+440.0%	-$10.0M-134.5%	$29.0M-54.0%	$63.0M+75.0%	$36.0M
Net Income	$235.0M+0.4%	$234.0M-4.5%	$245.0M+18.4%	$207.0M+46.8%	$141.0M-36.8%	$223.0M-13.9%	$259.0M+28.9%	$201.0M
EPS (Diluted)	N/A	$1.31-3.0%	$1.35+19.5%	$1.13	N/A	$1.18-12.6%	$1.35+31.1%	$1.03

TXT Balance Sheet

Metric	FY26	FY24	FY23	FY22	FY21	FY20
Total Assets	N/A	$16.8B-0.1%	$16.9B+3.5%	$16.3B+5.7%	$15.4B-3.3%	$15.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	N/A	$1.4B-33.9%	$2.2B+7.2%	$2.0B-2.1%	$2.1B-15.0%	$2.4B
Inventory	N/A	$4.1B+4.0%	$3.9B+10.3%	$3.5B-4.2%	$3.7B-15.5%	$4.4B
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	N/A	$9.6B-2.4%	$9.9B+7.5%	$9.2B-2.5%	$9.4B-9.5%	$10.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	N/A	$7.2B+3.1%	$7.0B-1.8%	$7.1B+18.6%	$6.0B+8.3%	$5.5B
Retained Earnings	N/A	$5.6B-4.4%	$5.9B-0.7%	$5.9B-3.8%	$6.1B+7.2%	$5.7B

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$18.1B+4.3%	$17.4B+1.8%	$17.1B+0.8%	$16.9B+0.6%	$16.8B+2.3%	$16.5B+0.2%	$16.4B+0.1%	$16.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.0B+33.0%	$1.5B+6.1%	$1.4B+15.2%	$1.2B-13.6%	$1.4B+7.0%	$1.3B-4.5%	$1.4B-3.8%	$1.5B
Inventory	$4.3B-4.2%	$4.5B+2.9%	$4.3B+1.6%	$4.3B+4.9%	$4.1B-7.7%	$4.4B+0.7%	$4.4B+2.7%	$4.3B
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$10.3B+3.7%	$9.9B+2.5%	$9.6B-0.2%	$9.7B+0.3%	$9.6B+1.4%	$9.5B-0.8%	$9.6B+1.0%	$9.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$7.9B+5.1%	$7.5B+0.8%	$7.4B+2.2%	$7.3B+1.0%	$7.2B+3.6%	$7.0B+1.4%	$6.9B-1.1%	$6.9B
Retained Earnings	$5.8B-7.9%	$6.3B+3.8%	$6.1B+4.1%	$5.8B+3.6%	$5.6B-14.2%	$6.5B+3.5%	$6.3B+4.2%	$6.1B

TXT Cash Flow Statement

Metric	FY26	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$1.3B+29.4%	$1.0B-19.9%	$1.3B-14.9%	$1.5B+93.8%	$768.0M-24.3%	$1.0B
Capital Expenditures	$383.0M+5.2%	$364.0M-9.5%	$402.0M+13.6%	$354.0M+11.7%	$317.0M-6.5%	$339.0M
Free Cash Flow	$929.0M+42.9%	$650.0M-24.8%	$864.0M-23.8%	$1.1B+151.4%	$451.0M-33.2%	$675.0M
Investing Cash Flow	-$207.0M+27.1%	-$284.0M+10.4%	-$317.0M+29.1%	-$447.0M-80.2%	-$248.0M+6.8%	-$266.0M
Financing Cash Flow	-$543.0M+62.7%	-$1.5B-78.8%	-$813.0M+25.5%	-$1.1B-403.1%	$360.0M+171.7%	-$502.0M
Dividends Paid	$18.0M+50.0%	$12.0M-25.0%	$16.0M-5.9%	$17.0M-5.6%	$18.0M0.0%	$18.0M
Share Buybacks	$822.0M-26.7%	$1.1B-3.9%	$1.2B+34.7%	$867.0M+373.8%	$183.0M-63.6%	$503.0M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	$700.0M+100.6%	$349.0M-9.8%	$387.0M+412.1%	-$124.0M-127.8%	$446.0M+114.4%	$208.0M-43.3%	$367.0M+5342.9%	-$7.0M
Capital Expenditures	$173.0M+127.6%	$76.0M-2.6%	$78.0M+39.3%	$56.0M-63.4%	$153.0M+115.5%	$71.0M-4.1%	$74.0M+12.1%	$66.0M
Free Cash Flow	$527.0M+93.0%	$273.0M-11.7%	$309.0M+271.7%	-$180.0M-161.4%	$293.0M+113.9%	$137.0M-53.2%	$293.0M+501.4%	-$73.0M
Investing Cash Flow	-$162.0M-161.3%	-$62.0M-444.4%	$18.0M+1900.0%	-$1.0M+98.9%	-$95.0M-21.8%	-$78.0M-62.5%	-$48.0M+23.8%	-$63.0M
Financing Cash Flow	-$36.0M+81.7%	-$197.0M+15.1%	-$232.0M-197.4%	-$78.0M+67.5%	-$240.0M-17.1%	-$205.0M+44.9%	-$372.0M+41.6%	-$637.0M
Dividends Paid	$7.0M+75.0%	$4.0M0.0%	$4.0M+33.3%	$3.0M-25.0%	$4.0M	$0-100.0%	$4.0M0.0%	$4.0M
Share Buybacks	$187.0M-9.2%	$206.0M-3.7%	$214.0M-0.5%	$215.0M-7.3%	$232.0M+7.9%	$215.0M-39.9%	$358.0M+12.9%	$317.0M

TXT Financial Ratios

Metric	FY26	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	13.4%-3.0pp	16.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	6.2%+0.2pp	6.0%-0.7pp	6.7%+0.0pp	6.7%+4.0pp	2.6%-3.3pp	6.0%
Return on Equity	N/A	11.4%-1.7pp	13.2%+1.1pp	12.1%+7.0pp	5.1%-9.6pp	14.7%
Return on Assets	N/A	4.9%-0.6pp	5.5%+0.2pp	5.3%+3.3pp	2.0%-3.1pp	5.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	N/A	1.34-0.1	1.41+0.1	1.29-0.3	1.57-0.3	1.88
FCF Margin	6.3%+1.5pp	4.7%-1.6pp	6.3%-2.5pp	8.8%+4.9pp	3.9%-1.1pp	5.0%

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	5.6%-0.9pp	6.5%-0.1pp	6.6%+0.3pp	6.3%+2.4pp	3.9%-2.6pp	6.5%-0.8pp	7.3%+0.9pp	6.4%
Return on Equity	3.0%-0.1pp	3.1%-0.2pp	3.3%+0.5pp	2.9%+0.9pp	2.0%-1.2pp	3.2%-0.6pp	3.8%+0.9pp	2.9%
Return on Assets	1.3%-0.1pp	1.4%-0.1pp	1.4%+0.2pp	1.2%+0.4pp	0.8%-0.5pp	1.4%-0.2pp	1.6%+0.4pp	1.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.30-0.0	1.32+0.0	1.30-0.0	1.330.0	1.34-0.0	1.37-0.0	1.40+0.0	1.37
FCF Margin	12.6%+5.0pp	7.6%-0.7pp	8.3%+13.8pp	-5.4%-13.6pp	8.1%+4.1pp	4.0%-4.3pp	8.3%+10.6pp	-2.3%

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Frequently Asked Questions

What is Textron's annual revenue?

Textron (TXT) reported $14.8B in total revenue for fiscal year 2026. This represents a 8.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Textron's revenue growing?

Textron (TXT) revenue grew by 8% year-over-year, from $13.7B to $14.8B in fiscal year 2026.

Is Textron profitable?

Yes, Textron (TXT) reported a net income of $921.0M in fiscal year 2026, with a net profit margin of 6.2%.

What is Textron's net profit margin?

Textron (TXT) had a net profit margin of 6.2% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

Does Textron pay dividends?

Yes, Textron (TXT) paid $0.08 per share in dividends during fiscal year 2026.

What is Textron's free cash flow?

Textron (TXT) generated $929.0M in free cash flow during fiscal year 2026. This represents a 42.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Textron's operating cash flow?

Textron (TXT) generated $1.3B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Textron's capital expenditures?

Textron (TXT) invested $383.0M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Textron spend on research and development?

Textron (TXT) invested $521.0M in research and development during fiscal year 2026.

Does Textron buy back shares?

Yes, Textron (TXT) spent $822.0M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Are Textron's earnings high quality?

Textron (TXT) has an earnings quality ratio of 1.42x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.