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Textron Inc   (TXT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 
Price: $93.1200 $0.21 0.226%
Day's High: $93.71 Week Perf: 1.52 %
Day's Low: $ 92.89 30 Day Perf: 8.02 %
Volume (M): 1,059 52 Wk High: $ 93.71
Volume (M$): $ 98,605 52 Wk Avg: $75.19
Open: $93.28 52 Wk Low: $61.27



 Market Capitalization (Millions $) 18,808
 Shares Outstanding (Millions) 202
 Employees 33,000
 Revenues (TTM) (Millions $) 13,683
 Net Income (TTM) (Millions $) 921
 Cash Flow (TTM) (Millions $) 146
 Capital Exp. (TTM) (Millions $) 402

Textron Inc
We are a global multi-industry company with operations in five business segments' ' Bell, Cessna, Fastening Systems, Industrial and Finance. Our business segments include operations that are unincorporated divisions of Textron Inc. or its subsidiaries and others that are separately incorporated subsidiaries.

In the light and medium helicopter market segments, Bell Helicopter has two major U.S. competitors and one major European competitor. Bell Helicopter markets its products around the world through its own sales force and through independent representatives. Price, financing terms, aircraft performance, reliability and product support are significant factors in the sale of helicopters. Bell Helicopter has developed the world's largest distribution system to sell and support helicopters, serving customers in over 100 countries.

Actuation products for the aerospace, defense and industrial markets are sold under trade names of HR Textron and APCO. Specialty marine, land vehicle, and turret products are sold under the trade names of Textron Marine & Land Systems and Cadillac Gage. Weapons, surveillance, and landing systems are sold under the Textron Systems name. Reciprocating piston aircraft engines are sold under the Lycoming name directly to general aviation airframe manufacturers and in the aftermarket through domestic and international distributors. Lycoming also is the exclusive supplier of engines for Cessna's product line of new single engine aircraft.

Cessna markets its products worldwide primarily through its own sales force, as well as through a network of authorized independent sales representatives, depending upon the product line. Cessna has several competitors in the business jet market. Cessna's aircraft compete with other aircraft that vary in size, speed, range, capacity, handling characteristics and price.

Cessna engages in the business jet fractional ownership market through a joint venture with TAG Aviation S.A., a worldwide aircraft management and charter enterprise. This joint venture, called CitationShares, began in late 2000. Initially, it offered shares of Citation aircraft for operation east of the Rocky Mountains. It has now expanded to the entire contiguous United States.

TFS has hundreds of competitors in the global fastener market, in essentially three tiers: global multinationals with a global market presence, typically strong in a market or in one or more product lines; mid-sized regionals with some global activity but primarily focused on regional market; and small local firms with a limited range within a particular product category. Competition is based primarily on price, quality, delivery, service, support and reputation. In addition, larger customers of fastening systems and engineered assemblies primarily tend to procure products and services from the larger suppliers. TFS's broad range of products and customers and markets reduces its risk of a business loss that would have a material adverse effect on Textron.

The Industrial Segment is comprised of our E-Z-GO, Jacobsen, Kautex, and Tools & Components businesses.

Our Finance segment consists of Textron Financial Corporation and its subsidiaries.

U.S.'Government is our largest customer.



   Company Address: 40 Westminster Street Providence 2903 RI
   Company Phone Number: 421-2800   Stock Exchange / Ticker: NYSE TXT
    Next quarterly dividend pay out on April 01, 2024.


Customers Net Income fell by TXT's Customers Net Profit Margin grew to

-0.9 %

7.31 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BA   -2.39%    
KAMN   -0.2%    
KTOS   -5.19%    
LMT   -0.39%    
NOC        0.77% 
TDG   -0.18%    
• View Complete Report
   



Dividend

Textron Inc. Declares Quarterly Dividend Increase, Showing Progressive Growth Amid Peers

Published Wed, Feb 21 2024 5:28 PM UTC


Textron Inc., a renowned multi-industry company, recently announced the declaration of a quarterly dividend of $0.02 per share on its Common Stock. Scheduled to be paid on April 1, 2024, to the shareholders of record as of March 15, 2024, this announcement reflects Textron's commitment to delivering value to its stakeholders and highlights the company's financial stabil...

Product Service News

Textron Inc. and Challenges Faced by Corporate Clients in Various Industries

Published Mon, Feb 19 2024 10:33 AM UTC

Textron Inc., a prominent aviation and manufacturing company, has witnessed a recent increase in its cost of revenue by 2.8% in the fourth quarter of 2023 compared to the previous year. Conversely, revenue for both Textron Inc. and its corporate clients exhibited growth, highlighting the company's resilience in a challenging market. This article explores the impact of econom...

Product Service News

Textron Inc.'s Cessna Grand Caravan EX Soars as Sales Increase, but Cost of Sales Raises Concerns

Published Sun, Feb 18 2024 11:26 AM UTC

In Q4 2023, Textron Inc., a renowned name in the aviation industry, witnessed an impressive growth in sales of its Cessna Grand Caravan EX aircraft, thanks to an increase in demand from key customers such as Ikhasas Sdn Bhd and Oriental Sky Sdn Bhd. This article will delve into the facts and assess the impact of these developments on the company. Textron Inc., listed as TXT ...

Textron Inc

Textron Inc. Proves Financial Resilience Amid Decrease in Earnings: Revenue Soars!

The recent financial results of Textron Inc. for the fourth quarter of 2023 may have shown a decrease in earnings per share, but the company's revenue has experienced a significant 7.041% increase. This growth in revenue outperformed many of its competitors in the Aerospace & Defense sector, showcasing Textron Inc.'s strength in generating sales.
Despite the decrease in earnings per share, it is important to note that the company's operating earnings rose by 26%, indicating that Textron Inc. is still making strong profits. Additionally, Textron Inc. reported a net income of $921.00 million for the full financial year of 2023, with income per share increasing by 13.72%. These figures demonstrate the company's overall financial stability and growth potential.

Textron Inc

Textron Inc Soars to New Heights with Impressive Revenue and Income Growth

Textron Inc, a prominent Aerospace & Defense company, has reported a significant increase in revenue and income during the period of July to September 2023. The company recorded a revenue growth of 8.609% to $3.34 billion compared to $3.08 billion in the previous year. Meanwhile, their income saw a remarkable growth of 27.36% to $1.35 per share, in contrast to $1.06 per share in the prior year.
This growth in revenue and income outpaced most of their competitors in the Aerospace & Defense industry. During the same period, the two other major corporations in the sector experienced a top-line growth of 7.71% relative to the corresponding period a year ago. This indicates that Textron Inc's performance stood out among its peers.






 

Textron Inc's Segments
 
Bell
 Segment     of total Revenue
Industrial
 Segment     of total Revenue
Cessna
 Segment     of total Revenue
Finance
 Segment     of total Revenue
Defense & Intelligence
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Textron Inc announced annual revenue outlook on

Earnings Outlook
Textron Inc issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
Canada
Latin America
Europe
Asia & Australia
Middle East & Africa

Textron Inc's Operating Statistics Decrease / Increase
       
Bell Backlog ($ millions)   Bell Backlog ($ millions) Decline   
Defense & Intelligence Backlog ($ millions)   Defense & Intelligence Backlog ($ millions) Decline   
Cessna Backlog ($ millions)    Cessna Backlog ($ millions) Growth   
Total Backlog ($ millions)   Total Backlog ($ millions) Decline   




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