Textron Inc. (TXT) Key Metrics
TXT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $13.20B
- Enterprise value
- $15.41B
- P/E (TTM)
- 14.3 10-yr median 17.6
- Forward P/E
- 10.4
- PEG ratio
- 0.90
- Price / sales
- 0.9 10-yr median 1.1
- Price / book
- 1.6 10-yr median 2.2
- EV / EBITDA
- 9.1 10-yr median 11.4
- Dividend yield
- 0.11% $0.08 a year
- Beta
- 0.91
TXT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTXT valuation Price multiples at each fiscal year-end price.
TXT returns How much profit the business earns on the capital it uses.
TXT per-share figures Results divided by the shares outstanding at year-end.
TXT financial health Debt, liquidity and how easily interest is covered.
TXT efficiency & capital use Working capital cycle and where the cash goes.
TXT valuation history
TXT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TXT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TXT cash returned to shareholders
TXT price vs earnings per share
TXT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $15.71B | $14.56B | $16.23B | $15.22B | $17.49B | $10.94B | $10.17B | $11.65B | $15.21B | $13.23B |
| Enterprise value | $17.97B | $17.07B | $18.30B | $16.90B | $19.44B | $13.41B | $12.90B | $14.32B | $18.04B | $15.77B |
| P/E ratio | 17.1 | 17.7 | 17.6 | 17.7 | 23.4 | 35.4 | 12.5 | 9.5 | 49.5 | 13.7 |
| Price / sales | 1.1 | 1.1 | 1.2 | 1.2 | 1.4 | 0.9 | 0.7 | 0.8 | 1.1 | 1.0 |
| Price / book | 2.0 | 2.0 | 2.3 | 2.1 | 2.6 | 1.9 | 1.8 | 2.2 | 2.7 | 2.4 |
| Price / free cash flow | 17.8 | 22.4 | 18.8 | 12.4 | 38.8 | 16.2 | 13.8 | 22.7 | 26.9 | 19.7 |
| Price / operating cash flow | 12.4 | 14.4 | 12.8 | 9.5 | 22.8 | 10.8 | 9.2 | 12.4 | 15.0 | 12.1 |
| EV / sales | 1.2 | 1.2 | 1.3 | 1.3 | 1.6 | 1.2 | 0.9 | 1.0 | 1.3 | 1.1 |
| EV / EBITDA | 10.8 | 12.0 | 11.7 | 11.1 | 13.8 | 16.0 | 8.4 | 7.2 | 13.0 | 10.5 |
| EV / free cash flow | 20.3 | 26.3 | 21.2 | 13.8 | 43.1 | 19.9 | 17.5 | 27.9 | 31.9 | 23.5 |
| Earnings yield | 5.9% | 5.7% | 5.7% | 5.7% | 4.3% | 2.8% | 8.0% | 10.5% | 2.0% | 7.3% |
| Free cash flow yield | 5.6% | 4.5% | 5.3% | 8.0% | 2.6% | 6.2% | 7.3% | 4.4% | 3.7% | 5.1% |
| Dividend yield | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | 0.2% | 0.2% | 0.1% | 0.2% |
| Shareholder yield (dividends + buybacks) | 7.0% | 8.1% | 7.3% | 6.2% | 1.1% | 4.8% | 17.7% | 5.2% | 1.7% | 1.8% |
| Share price at fiscal year-end | $87.17 | $76.49 | $80.42 | $70.80 | $77.20 | $48.33 | $44.60 | $45.99 | $56.59 | $48.56 |
| Per share | ||||||||||
| Revenue per share | $82.10 | $72.00 | $67.81 | $59.86 | $54.66 | $51.46 | $59.78 | $55.17 | $52.83 | $50.62 |
| Earnings per share | $5.11 | $4.33 | $4.56 | $4.01 | $3.29 | $1.36 | $3.57 | $4.83 | $1.14 | $3.53 |
| Operating cash flow per share | $7.03 | $5.33 | $6.27 | $7.43 | $3.39 | $4.48 | $4.86 | $3.70 | $3.77 | $4.00 |
| Free cash flow per share | $4.90 | $3.42 | $4.28 | $5.69 | $1.99 | $2.98 | $3.24 | $2.03 | $2.11 | $2.46 |
| Cash per share | $11.23 | $7.57 | $10.81 | $9.13 | $8.48 | $9.96 | $5.95 | $4.37 | $4.01 | $4.17 |
| Book value per share | $43.69 | $37.85 | $34.63 | $33.09 | $30.09 | $25.82 | $24.20 | $20.50 | $21.01 | $20.47 |
| Tangible book value per share | $28.94 | $23.93 | $21.28 | $20.32 | $18.67 | $14.13 | $12.19 | $9.15 | $9.37 | $9.89 |
| Dividends per share | $0.11 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.08 | $0.08 | $0.08 |
| Capex per share | $2.13 | $2.11 | $1.99 | $1.74 | $1.40 | $1.50 | $1.62 | $1.67 | $1.66 | $1.54 |
| Debt per share | $23.75 | $20.80 | $21.09 | $16.92 | $17.12 | $20.86 | $17.94 | $14.94 | $14.56 | $13.51 |
| Shares outstanding | 180.3M | 190.3M | 201.8M | 215.0M | 226.5M | 226.4M | 228.0M | 253.2M | 268.8M | 272.4M |
| Change in shares outstanding | −5.3% | −5.7% | −6.1% | −5.1% | +0.1% | −0.7% | −10.0% | −5.8% | −1.3% | −2.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 12.2% | 11.6% | 13.1% | 12.4% | 11.8% | 5.4% | 15.2% | 22.5% | 5.5% | 18.3% |
| Return on invested capital (ROIC) | 8.2% | 8.0% | 10.0% | 8.5% | 8.7% | 12.7% | 11.5% | 11.9% | 6.2% | 13.9% |
| Return on assets (ROA) | 5.3% | 4.9% | 5.6% | 5.4% | 4.8% | 2.0% | 5.6% | 8.3% | 2.0% | 6.4% |
| Return on tangible assets | 6.0% | 5.8% | 6.5% | 6.4% | 5.6% | 2.4% | 6.6% | 10.7% | 2.5% | 7.7% |
| Free cash flow margin | 6.0% | 4.7% | 6.3% | 9.5% | 3.6% | 5.8% | 5.4% | 3.7% | 4.0% | 4.9% |
| Income quality (OCF / net income) | 1.38 | 1.23 | 1.37 | 1.86 | 1.03 | 3.28 | 1.36 | 0.77 | 3.30 | 1.13 |
| Financial health | ||||||||||
| Total debt | $4.28B | $3.96B | $4.25B | $3.64B | $3.88B | $4.72B | $4.09B | $3.78B | $3.91B | $3.68B |
| Cash & short-term investments | $2.02B | $1.44B | $2.18B | $1.96B | $1.92B | $2.25B | $1.36B | $1.11B | $1.08B | $1.14B |
| Net debt | $2.26B | $2.52B | $2.07B | $1.68B | $1.96B | $2.47B | $2.73B | $2.68B | $2.83B | $2.54B |
| Debt / equity | 0.54 | 0.55 | 0.61 | 0.51 | 0.57 | 0.81 | 0.74 | 0.73 | 0.69 | 0.66 |
| Debt / assets | 0.24 | 0.24 | 0.25 | 0.22 | 0.24 | 0.31 | 0.27 | 0.27 | 0.26 | 0.24 |
| Net debt / EBITDA | 1.36 | 1.77 | 1.33 | 1.10 | 1.39 | 2.94 | 1.79 | 1.35 | 2.05 | 1.70 |
| Current ratio | 1.84 | 1.63 | 1.79 | 2.02 | 2.31 | 2.27 | 1.80 | 1.92 | 1.92 | 1.81 |
| Quick ratio | 0.85 | 0.70 | 0.89 | 1.05 | 1.20 | 1.21 | 0.79 | 0.83 | 0.79 | 0.67 |
| Interest coverage | 7.9 | 8.8 | 13.7 | 8.3 | 6.1 | 6.3 | 6.3 | 6.6 | 6.0 | 6.5 |
| Working capital | $3.65B | $2.75B | $3.44B | $3.73B | $4.11B | $4.21B | $3.23B | $3.23B | $3.37B | $3.16B |
| Invested capital | $10.13B | $9.72B | $9.06B | $8.79B | $8.77B | $8.31B | $8.25B | $7.87B | $8.48B | $8.12B |
| Tangible asset value | $5.22B | $4.55B | $4.29B | $4.37B | $4.23B | $3.20B | $2.78B | $2.32B | $2.52B | $2.69B |
| Net current asset value | −$2.26B | −$2.49B | −$2.05B | −$1.78B | −$1.77B | −$2.05B | −$2.26B | −$2.34B | −$2.67B | −$2.73B |
| Graham number | $70.87 | $60.73 | $59.64 | $54.61 | $47.22 | $28.16 | $44.12 | $47.18 | $23.24 | $40.33 |
| Graham net-net per share | −$30.36 | −$28.62 | −$25.18 | −$22.33 | −$20.87 | −$21.88 | −$23.76 | −$20.88 | −$20.53 | −$20.62 |
| Capital allocation | ||||||||||
| Dividends paid | $19.0M | $16.0M | $16.0M | $18.0M | $18.0M | $18.0M | $20.0M | $21.0M | $22.0M | $22.0M |
| Share buybacks (net) | $1.08B | $1.17B | $1.17B | $921.0M | $183.0M | $503.0M | $1.78B | $582.0M | $241.0M | $219.0M |
| Dividend payout ratio | 2.1% | 1.9% | 1.7% | 2.1% | 2.4% | 5.8% | 2.5% | 1.7% | 7.2% | 2.3% |
| Dividends + buybacks / free cash flow | 124.0% | 182.2% | 137.0% | 76.8% | 44.6% | 77.2% | 244.3% | 117.5% | 46.5% | 36.0% |
| Capex / revenue | 2.6% | 2.9% | 2.9% | 2.9% | 2.6% | 2.9% | 2.7% | 3.0% | 3.1% | 3.0% |
| Capex / operating cash flow | 30.3% | 39.6% | 31.8% | 23.5% | 41.3% | 33.4% | 33.3% | 45.2% | 44.1% | 38.5% |
| Capex / depreciation | 0.98 | 1.03 | 1.02 | 1.00 | 0.84 | 0.84 | 0.87 | 0.98 | 1.03 | 0.95 |
| Stock-based compensation / revenue | — | — | 0.7% | 0.5% | 1.1% | 0.5% | 0.4% | 0.3% | 0.5% | 0.5% |
| R&D / revenue | 3.5% | 3.6% | 4.2% | 4.7% | 5.0% | 5.6% | 4.7% | 4.5% | 4.8% | 5.6% |
| SG&A / revenue | 1.0% | 8.4% | 9.0% | 0.9% | 1.0% | 97.6% | 8.5% | 9.1% | 9.4% | 9.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 21.9 | 24.2 | 23.0 | 24.0 | 24.0 | 26.8 | 26.0 | 31.2 | 31.2 | 27.9 |
| Days of inventory on hand | 125.9 | 130.1 | 125.7 | 125.6 | 123.7 | 137.1 | 126.2 | 125.4 | 132.9 | 138.6 |
| Days payables outstanding | 32.1 | 32.0 | 34.4 | 32.3 | 27.7 | 38.9 | 39.6 | 36.3 | 38.2 | 37.6 |
| Cash conversion cycle (days) | 115.7 | 122.3 | 114.3 | 117.3 | 120.0 | 124.9 | 112.6 | 120.3 | 125.9 | 128.9 |
| Receivables turnover | 16.70 | 15.08 | 15.88 | 15.20 | 15.24 | 13.64 | 14.02 | 11.71 | 11.70 | 13.06 |
| Payables turnover | 11.38 | 11.39 | 10.62 | 11.31 | 13.18 | 9.37 | 9.21 | 10.06 | 9.55 | 9.71 |
| Inventory turnover | 2.90 | 2.81 | 2.90 | 2.91 | 2.95 | 2.66 | 2.89 | 2.91 | 2.75 | 2.63 |
| Asset turnover | 0.85 | 0.81 | 0.83 | 0.80 | 0.79 | 0.77 | 0.93 | 0.94 | 0.93 | 0.92 |
| Average receivables | $886.0M | $908.5M | $861.5M | $846.5M | $812.5M | $854.0M | $972.5M | $1.19B | $1.21B | $1.06B |
| Average payables | $1.06B | $983.0M | $1.02B | $902.0M | $781.0M | $1.08B | $1.24B | $1.15B | $1.24B | $1.17B |
| Average inventory | $4.17B | $3.99B | $3.73B | $3.51B | $3.49B | $3.79B | $3.94B | $3.98B | $4.31B | $4.30B |
| Intangibles / total assets | 14.7% | 15.7% | 16.0% | 16.8% | 16.3% | 17.2% | 18.2% | 20.2% | 20.4% | 18.8% |
Computed from TXT's annual financial statements (latest annual report filed February 11, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TXT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Textron traded at 17.1 times earnings, against a 10-year median of 17.6. Based on the latest twelve months, the trailing P/E is 14.3 and the forward P/E is 10.4. Textron earned a return on equity of 12.2% and a return on invested capital of 8.2% in fiscal 2025. It ended the year with $4.3 billion of debt and $2.0 billion in cash and short-term investments, net debt of $2.3 billion. It returned $1.1 billion to shareholders: $19.0 million in dividends and $1.1 billion in share buybacks, 124% of free cash flow. The share count fell 33.8% from 272.4M to 180.3M over 9 years.
See the TXT income statement, the TXT chart for price history, or the TXT stock overview for the latest quote and news.
TXT key metrics FAQ
What is Textron's P/E ratio?
Textron's trailing P/E ratio is 14.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.4. At the end of fiscal 2025 it was 17.1, compared with a 10-year median of 17.6.
What is Textron's EV/EBITDA?
Textron's enterprise value was 10.8 times EBITDA at the end of fiscal 2025 (enterprise value $18.0 billion, EBITDA $1.7 billion); the current EV/EBITDA is 9.1.
What is Textron's return on equity?
Textron's return on equity (ROE) was 12.2% in fiscal 2025: net income of $921.0 million on average shareholders' equity of $7.5 billion.
What is Textron's ROIC?
Textron's return on invested capital was 8.2% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Textron have?
Textron had total debt of $4.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.54 and $2.3 billion of net debt (1.36 times EBITDA).
What is Textron's dividend yield?
Textron's forward dividend yield is 0.11%. Textron paid $19.0 million in dividends in fiscal 2025 ($0.11 per share), a payout ratio of 2.1%.
Does Textron buy back its shares?
Yes. Textron spent $1.1 billion on net share repurchases in fiscal 2025 Shares outstanding changed −5.3% over the year, to 180.3M..
What is Textron's free cash flow yield?
Textron generated $884.0 million of free cash flow in fiscal 2025, a free cash flow yield of 5.6% on its market value at year-end ($15.7 billion).
What is Textron's current ratio?
Textron's current ratio was 1.84 at the end of fiscal 2025: current assets were 1.84 times current liabilities.