TXTTEXTRON INC
Aircraft & Parts
- Revenue
- $14.8B
- 8.0% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- $14.5B
- Employees
- 34,000
- $435K revenue each
- Net debt / EBITDA
- —
- AI in 10-K
- 0.5
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo—3+ of last 5 years
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo142% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo64% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo—Over 40% of assets
- Shareholder dissentNo90% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeNo$435K · 61st pctBottom quartile of its SIC industry
- Quiet on AIYes0.5 per 10K words · 22nd pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedNo$14.5B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$29M netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2026 | YoY |
|---|---|---|---|---|---|
| Revenue | $12.9B | $13.7B | $13.7B | $14.8B | 8.0% |
| Net income | $861M | $921M | $824M | $921M | 12% |
| Operating cash flow | $1.5B | $1.3B | $1.0B | $1.3B | 29% |
| Capex | $354M | $402M | $364M | $383M | 5.2% |
| Stock-based comp | $66M | $94M | $66M | $81M | 23% |
| Buybacks | $867M | $1.2B | $1.1B | $822M | 27% |
| Dividends | $17M | $16M | $12M | $18M | 50% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $989K · 1
- Open-market sells, 12 mo
- $30M · 9
- Net
- −$29M
Pay vs performance
No pay-versus-performance disclosure yet.