← TEXTRON INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | $13.4b |
$14.2b
+5.77%
|
$14.0b
-1.59%
|
— | $13.6b |
$11.7b
-14.52%
|
$12.9b
+10.45%
|
$13.7b
+6.33%
|
$13.7b
+0.14%
|
$14.8b
+8.01%
|
$15.3b
+3.38%
|
|
| Total Revenue | $13.7b |
$14.1b
+3.06%
|
$14.0b
-1.11%
|
$13.6b
-2.45%
|
$11.7b
-14.52%
|
$11.7b
0.00%
|
$12.9b
+10.45%
|
$13.7b
+6.33%
|
$13.7b
+0.14%
|
$14.8b
+8.01%
|
$15.3b
+3.38%
|
|
| Cost of Revenue | $11.3b |
$11.8b
+4.28%
|
$11.6b
-1.70%
|
$11.4b
-1.62%
|
$10.1b
-11.50%
|
$10.1b
0.00%
|
$10.2b
+1.04%
|
$10.8b
+6.24%
|
$11.2b
+3.37%
|
$12.1b
+8.07%
|
$12.6b
+3.94%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | — | ($107.0m) |
($77.0m)
+28.04%
|
($97.0m)
-25.97%
|
($126.0m)
-29.90%
|
— | |
| Gross Profit (derived) | $2.1b |
$2.4b
+13.78%
|
$2.4b
-1.04%
|
$2.2b
-6.48%
|
$3.5b
+58.99%
|
$1.6b
-55.97%
|
$2.7b
+71.48%
|
$2.8b
+6.67%
|
$2.5b
-12.15%
|
$2.7b
+7.71%
|
$2.7b
+0.85%
|
|
| Research and Development Expense | $677.0m | $634.0m | $643.0m | $647.0m | $549.0m | — | $601.0m | $570.0m | $491.0m | $521.0m | $488.0m | |
| Selling, General and Administrative Expense | $1.3b | $1.3b | $1.3b | $1.2b | $1.0b | $1.0b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | |
| Amortization of Intangible Assets | $66.0m | $69.0m | $66.0m | $59.0m | $54.0m | — | $52.0m | $39.0m | $34.0m | $32.0m | — | |
| Operating expenses: | ||||||||||||
| EBIT | $1.1b | $1.2b | $1.0b | $1.3b | $1.3b | |||||||
| Operating Income | $971.0m |
$762.0m
-21.52%
|
$1.4b
+81.63%
|
$942.0m
-31.94%
|
$282.0m
-70.06%
|
$282.0m
0.00%
|
$883.0m
+213.12%
|
$1.1b
+19.25%
|
$855.0m
-18.80%
|
$1.0b
+17.08%
|
$1.0b
+2.50%
|
|
| Interest Expense | $174.0m | $174.0m | $166.0m | $171.0m | $166.0m | — | $107.0m | $77.0m | $97.0m | $126.0m | $133.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $652.0m | $428.0m | $557.0m | $668.0m | $202.0m | $282.0m | $810.0m | $905.0m | $739.0m | $903.0m | $1.2b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $971.0m | $762.0m | $1.4b | $942.0m | $282.0m | $282.0m | $1.0b | $1.1b | $943.0m | $1.1b | $1.2b | |
| Current Income Tax Expense (Benefit) | ($15.0m) | $99.0m | $113.0m | $38.0m | ($20.0m) | $27.0m | $374.0m | $357.0m | $166.0m | $59.0m | $227.0m | |
| Income Tax Expense (Benefit) | $33.0m | $456.0m | $162.0m | $127.0m | ($27.0m) | $27.0m | $154.0m | $165.0m | $118.0m | $214.0m | $227.0m | |
| Net Income Common Stockholders | $697.0m |
$307.0m
-55.95%
|
$1.2b
+298.05%
|
— | $815.0m |
$309.0m
-62.09%
|
$861.0m
+178.64%
|
$921.0m
+6.97%
|
$824.0m
-10.53%
|
$921.0m
+11.77%
|
$937.0m
+1.74%
|
|
| Net Income (Loss) Attributable to Parent | $962.0m |
$307.0m
-68.09%
|
$1.2b
+298.05%
|
$815.0m
-33.31%
|
$309.0m
-62.09%
|
$309.0m
0.00%
|
$861.0m
+178.64%
|
$921.0m
+6.97%
|
$824.0m
-10.53%
|
$921.0m
+11.77%
|
$937.0m
+1.74%
|
|
| Earnings Per Share, Basic | $3.55 | $1.15 | $4.88 | — | — | — | $4.05 | $4.61 | $4.38 | $5.15 | $5.35 | |
| Earnings Per Share, Diluted | $3.53 | $1.14 | $4.83 | — | $3.50 | $1.35 | $4.01 | $4.56 | $4.33 | $5.11 | $5.30 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $3 | $1 | $5 | $4 | $1 | $1 | $4 | $5 | $4 | $5 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $3 | $1 | $5 | $4 | $1 | $1 | $4 | $5 | $4 | $5 | — | |
| Common Stock, Dividends, Per Share, Declared | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | — | $0.08 | $0.08 | $0.08 | $0.08 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 270.8m | 266.4m | 250.2m | 231.3m | 228.5m | — | 212.8m | 199.7m | 188.3m | 178.9m | 175.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 272.4m | 268.8m | 253.2m | 232.7m | 229.0m | — | 215.0m | 201.8m | 190.3m | 180.3m | 176.9m | |
| Additional Financial Items | ||||||||||||
| Income (Loss) Attributable to Parent, before Tax | — | — | — | $942.0m | $282.0m | — | — | — | — | — | — | |
| Other Cost and Expense, Operating | — | — | — | — | $11.4b | — | $11.9b | $12.6b | $12.8b | $13.7b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $843.0m | $306.0m | $1.2b | $815.0m | $942.0m | $282.0m | $862.0m | $922.0m | $825.0m | $923.0m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $971.0m | $762.0m | $1.2b | — | $942.0m | $282.0m | $873.0m | $1.1b | $943.0m | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $119.0m | $1.0m | — | — | $0 | $0 | ($1.0m) | ($1.0m) | ($1.0m) | ($2.0m) | — | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | — | ($113.0m) | ($83.0m) | — | ($240.0m) | ($237.0m) | ($263.0m) | ($266.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.