Financials Textron Inc.

Equities

TXT

US8832031012

Aerospace & Defense

Real-time Estimate Cboe BZX Other stock markets 10:21:47 2024-12-03 am EST			5-day change	1st Jan Change
85.19 ^USD	-0.32%		-0.03%	+5.83%

Nov. 27	Figeac Aero wins contract from US Textron	CF
Nov. 22	Jet.AI Enters Aircraft Purchase Deal With Textron Aviation	MT

Projected Income Statement: Textron Inc.

income-statement-evolution-chart TEXTRON-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	13,630	11,651	12,382	12,869	13,683	13,868	15,013	15,599
Change	-	-14.52%	6.27%	3.93%	6.33%	1.35%	8.26%	3.9%
EBITDA ¹	1,576	1,020	1,395	1,507	1,579	1,572	1,796	1,950
Change	-	-35.28%	36.76%	8.03%	4.78%	-0.47%	14.25%	8.62%
EBIT ¹	1,160	629	1,005	1,110	1,184	1,083	1,373	1,503
Change	-	-45.78%	59.78%	10.45%	6.67%	-8.55%	26.82%	9.42%
Interest Paid ¹	-146	-145	-124	-94	-62	-84.75	-81	-67.67
Earnings before Tax (EBT) ¹	942	282	873	1,016	1,087	1,095	1,387	1,533
Change	-	-70.06%	209.57%	16.38%	6.99%	0.71%	26.7%	10.53%
Net income ¹	815	309	746	861	921	893.9	1,109	1,197
Change	-	-62.09%	141.42%	15.42%	6.97%	-2.94%	24.11%	7.87%
Announcement Date	1/29/20	1/27/21	1/27/22	1/25/23	1/24/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	4,035	2,777	2,472	2,735	3,667	2,879	3,191	2,990	3,322	3,001	3,154	3,078	3,636	3,024	3,424	3,343	3,892	3,135	3,527	3,427	3,779	3,336	3,731	3,695	4,203	3,290	3,525	3,584
Change	-	-31.18%	-10.98%	10.64%	34.08%	-21.49%	10.84%	-6.3%	11.1%	-9.66%	5.1%	-2.41%	18.13%	-16.83%	13.23%	-2.37%	16.42%	-19.45%	12.5%	-2.84%	10.27%	-11.73%	11.87%	-0.98%	13.75%	-21.73%	7.14%	1.68%
EBITDA ¹	432	232	150	254	382	304	347	350	386	353	389	381	383	312	432	393	442	316	416	365	397.1	385.4	456.7	457	540	408.2	441.8	458.9
Change	-	-46.3%	-35.34%	69.33%	50.39%	-20.42%	14.14%	0.86%	10.29%	-8.55%	10.2%	-2.06%	0.52%	-18.54%	38.46%	-9.03%	12.47%	-28.51%	31.65%	-12.26%	8.81%	-2.97%	18.53%	0.05%	18.17%	-24.4%	8.23%	3.87%
EBIT ¹	318	142	52	161	274	216	252	256	281	260	291	285	274	220	331	294	339	228	326	264	270.3	276.4	335.5	349.3	468	-	-	-
Change	-	-55.35%	-63.38%	209.62%	70.19%	-21.17%	16.67%	1.59%	9.77%	-7.47%	11.92%	-2.06%	-3.86%	-19.71%	50.45%	-11.18%	15.31%	-32.74%	42.98%	-19.02%	2.38%	2.28%	21.34%	4.13%	33.97%	-100%	-	-
Charge d'intérêts ¹	-36	-34	-37	-38	-36	-35	-32	-28	-29	-28	-28	-21	-17	-17	-16	-16	-13	-15	-20	-26	-27.75	-21	-21	-20	-19	-	-	-
Earnings before Tax (EBT) ¹	210	69	-118	116	215	190	218	218	247	232	263	264	257	227	329	301	230	237	323	252	282.3	286.1	345.4	359.9	466	-	-	-
Change	-	-67.14%	-	-	85.34%	-11.63%	14.74%	0%	13.3%	-6.07%	13.36%	0.38%	-2.65%	-11.67%	44.93%	-8.51%	-23.59%	3.04%	36.29%	-21.98%	12.01%	1.36%	20.74%	4.18%	29.49%	-100%	-	-
Net income ¹	199	50	-92	115	236	171	183	185	207	193	217	225	226	191	263	269	198	201	259	223	219.8	229	261	293	387	-	-	-
Change	-	-74.87%	-	-	105.22%	-27.54%	7.02%	1.09%	11.89%	-6.76%	12.44%	3.69%	0.44%	-15.49%	37.7%	2.28%	-26.39%	1.52%	28.86%	-13.9%	-1.43%	4.19%	13.97%	12.26%	32.08%	-100%	-	-
Announcement Date	1/29/20	4/30/20	7/30/20	10/29/20	1/27/21	4/29/21	7/29/21	10/28/21	1/27/22	4/28/22	7/28/22	10/27/22	1/25/23	4/27/23	7/27/23	10/26/23	1/24/24	4/25/24	7/18/24	10/24/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Textron Inc.

balance-sheet-analysis-chart TEXTRON-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	1,943	1,561	1,263	1,219	1,405	2,089	2,067	2,018
Change	-	-19.66%	-19.09%	-3.48%	15.26%	48.68%	-1.05%	-2.37%
Announcement Date	1/29/20	1/27/21	1/27/22	1/25/23	1/24/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Textron Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	339	317	375	354	402	388.7	426.5	448.8
Change	-	-6.49%	18.3%	-5.6%	13.56%	-3.31%	9.73%	5.22%
Free Cash Flow (FCF) ¹	621	452	1,094	1,107	868	673.7	956.9	1,096
Change	-	-27.21%	142.04%	1.19%	-21.59%	-22.38%	42.04%	14.53%
Announcement Date	1/29/20	1/27/21	1/27/22	1/25/23	1/24/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Textron Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	11.56%	8.75%	11.27%	11.71%	11.54%	11.33%	11.96%	12.5%
EBIT Margin (%)	8.51%	5.4%	8.12%	8.63%	8.65%	7.81%	9.15%	9.63%
EBT Margin (%)	6.91%	2.42%	7.05%	7.89%	7.94%	7.89%	9.24%	9.83%
Net margin (%)	5.98%	2.65%	6.02%	6.69%	6.73%	6.45%	7.39%	7.67%
FCF margin (%)	4.56%	3.88%	8.84%	8.6%	6.34%	4.86%	6.37%	7.03%
FCF / Net Income (%)	76.2%	146.28%	146.65%	128.57%	94.25%	75.36%	86.25%	91.58%
Profitability
ROA	5.57%	2.03%	4.77%	5.36%	5.56%	5.7%	7.16%	7.65%
ROE	15.22%	5.44%	11.79%	12.36%	13.06%	15.19%	17.38%	17.75%
Financial Health
Leverage (Debt/EBITDA)	1.23x	1.53x	0.91x	0.81x	0.89x	1.33x	1.15x	1.03x
Debt / Free cash flow	3.13x	3.45x	1.15x	1.1x	1.62x	3.1x	2.16x	1.84x
Capital Intensity
CAPEX / Current Assets (%)	2.49%	2.72%	3.03%	2.75%	2.94%	2.8%	2.84%	2.88%
CAPEX / EBITDA (%)	21.51%	31.08%	26.88%	23.49%	25.46%	24.73%	23.75%	23.01%
CAPEX / FCF (%)	54.59%	70.13%	34.28%	31.98%	46.31%	57.7%	44.57%	40.95%
Items per share
Cash flow per share ¹	4.125	3.358	6.485	6.796	6.294	3.33	6.443	-
Change	-	-18.59%	93.1%	4.8%	-7.39%	-47.09%	93.5%	-
Dividend per Share ¹	0.08	0.08	0.08	0.08	0.08	0.0717	0.0825	0.0971
Change	-	0%	0%	0%	0%	-10.35%	15.03%	17.75%
Book Value Per Share ¹	24.21	25.81	31.42	34.5	36.22	37.56	40.36	43.3
Change	-	6.61%	21.74%	9.81%	4.98%	3.7%	7.46%	7.28%
EPS ¹	3.5	1.35	3.293	4.01	4.57	4.669	6.004	6.716
Change	-	-61.43%	143.95%	21.76%	13.97%	2.17%	28.59%	11.87%
Nbr of stocks (in thousands)	228,263	228,875	220,425	208,771	196,005	185,512	185,512	185,512
Announcement Date	1/29/20	1/27/21	1/27/22	1/25/23	1/24/24	-	-	-