Industrials · Aerospace & Defense · US stock · price as of 16 Oct 2026
Key indicators
Price
$75.93
52-week range
$71.87 – $101.50
Market cap
$13.3B
P/E (trailing)
14.4×
EV / EBITDA
7.5×
Free-cash-flow yield
5.7%
Dividend yield
0.1%
Revenue (last 12 months)
$15.3B
Revenue growth (3y a year)
4.8%
Operating margin
7.6%
Return on invested capital
14.6%
Net debt / EBITDA
–
Fair value
Blended fair value$156.82 range $151 – $164
Versus priceUndervalued+107% to fair value
Peer multiples
$149.41
Fundamentals-adjusted multiple
$173.12
10-year DCF (market-scaled)
$147.92
Earnings power value (floor, not blended)
$71.17
Model uncertainty
Medium
X-Ray Score
65/ 100 · Medium confidence · ahead of 88% of sector peers
Valuation90
Growth48
Profitability45
Financial health88
Dividends35
Five-year price chart navy: price · brown: 200-day average · blue band: fair value range
Executive summary
Textron is a diversified industrial company with operations in aviation, defense and specialty vehicles. Its Cessna and Beechcraft brands build business jets and turboprop aircraft, and Bell produces helicopters and tiltrotor aircraft for commercial and military customers. It also makes golf carts, off-road vehicles and industrial products. Revenue comes from selling aircraft and vehicles, from aftermarket parts and service, and from government contracts.
Revenue has grown 4.8% a year over three years, leaving the last twelve months at $15.3 billion. Operating margin is 7.6%. Return on invested capital comes to 15%. A dividend is paid, with a yield of 0.1%. These numbers describe past results and current financial position, and they are shown for reference only.
StocksXray gives Textron Inc an X-Ray Score of 65 out of 100 (medium confidence), ahead of 88% of the S&P 500 stocks in its sector. Its strongest lens is valuation (90) and its weakest is dividends (35).
Our fair value blend is $156.82 (range $150.82 to $163.85). At $75.93 the stock trades 52% below that blend, so the label is "Undervalued" with medium model uncertainty. Fair value is a range, not a price target.
XStocksXray
Textron Inc (TXT)
Valuation history multiples at each fiscal year-end price; the last column uses today's price and the last twelve months
FY2022
FY2022
FY2023
FY2024
FY2026
Now
Price
$76.82
$70.54
$80.21
$77.08
$86.99
$75.93
Market cap
$17.4B
$15.2B
$16.2B
$14.7B
$15.7B
$13.3B
P/E
23.3×
17.6×
17.6×
17.8×
17.0×
14.4×
EV / revenue
1.2×
1.0×
1.0×
1.0×
0.9×
0.8×
EV / EBITDA
10.9×
9.3×
9.4×
10.0×
8.9×
7.5×
Price / free cash flow
14.2×
13.4×
18.7×
22.6×
16.9×
17.5×
Free-cash-flow yield
7.0%
7.5%
5.3%
4.4%
5.9%
5.7%
Price / book
2.6×
2.1×
2.3×
2.0×
2.0×
1.6×
Dividend yield
0.10%
0.11%
0.10%
0.10%
0.09%
0.11%
Fundamentals checklist ● 5 Good · ● 4 Average · ● 3 Bad · each check graded against the sector
Cash quality
Earnings backed by cash−1.6%Bad
Free-cash-flow yield5.7%Good
Risk models
Piotroski F-Score9 of 9Good
Growth
EPS growth (3y)8.4%Average
Free-cash-flow growth (3y)−6.4%Bad
Revenue growth (3y)4.8%Average
Growth consistency90%Average
Balance sheet
Interest coverno interest costGood
Valuation
Fair value vs price2.1×Good
EBIT / EV yield10.0%Good
Profitability
Return on invested capital14.6%Average
Operating margin7.6%Bad
XStocksXray
Textron Inc (TXT)
Financials US$ millions, from SEC filings; last column is the last twelve months
Income statement
FY22
FY22
FY23
FY24
FY26
LTM
Revenue
12,382
12,869
13,683
13,702
14,799
15,299
Gross profit
–
–
–
–
–
–
Operating income
1,015
1,016
1,087
943
1,137
1,166
Net income
746
861
921
824
921
937
Diluted EPS ($)
3.30
4.01
4.56
4.33
5.11
5.27
Free cash flow
1,223
1,134
864
650
929
759
Gross margin
–
–
–
–
–
–
Operating margin
8.2%
7.9%
7.9%
6.9%
7.7%
7.6%
Net margin
6.0%
6.7%
6.7%
6.0%
6.2%
6.1%
Balance sheet
FY22
FY22
FY23
FY24
FY26
LTM
Total assets
15,827
16,293
16,856
16,838
18,129
18,134
Cash
2,117
2,035
2,181
1,441
2,025
1,606
Total debt
–
–
–
–
–
–
Equity
6,815
7,113
6,987
7,204
7,875
8,054
Dividend per share ($)
0.08
0.08
0.08
0.08
0.08
0.08
Revenue and net income US$ billions: navy revenue, teal net income
Every number comes from SEC filings, end-of-day prices and the StocksXray models described on the methodology page. The X-Ray Score ranks each metric against the company's own sector. Fair value blends three models and carries a typical error of about 40%, so treat it as a range. Analyst ratings, price targets and earnings-call summaries are not part of this report. Educational research, not financial advice; read the disclaimer.