TXT Textron, Inc.
Textron, Inc. is a multi-industry company, which leverages global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures, sells, and services Beechcraft and Cessna aircraft. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts. The Textron Systems segment product lines consist of unmanned aircraft systems; land and marine systems; weapons and sensors; and a variety of defense and aviation mission support products and services. The Industrial segment designs and manufactures a variety of products under the Golf; Turf Care and Light Transportation Vehicles; Fuel Systems and Functional Components and Powered Tools; and Testing and Measurement Equipment product lines. The Finance segment consists of Textron Financial Corp. and its consolidated subsidiaries, which provides finances primarily to purchasers of new Cessna aircraft and Bell helicopters. The company founded by Royal Little in 1923 and is headquartered in Providence, RI.
Company profile
Ticker
TXT
Exchange
CEO
Scott C. Donnelly
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
IRS number
50315468
TXT stock data
()
Calendar
24 Jul 19
17 Oct 19
4 Jan 20
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 3.23B | 3.11B | 3.75B | 3.2B | |
| Net income | 217M | 179M | 246M | 563M | |
| Diluted EPS | 0.93 | 0.76 | 1.02 | 2.26 | |
| Net profit margin | 6.72% | 5.76% | 6.56% | 17.59% | |
| Operating income* | 320M | 669M | |||
| Cash on hand | |||||
| Cost of revenue | 2.64B | 2.58B | 3.11B | 2.69B |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Jan 16 | |
|---|---|---|---|---|---|
| Revenue | 13.97B | 14.2B | 13.79B | 13.42B | |
| Net income | 1.22B | 307M | 962M | 697M | |
| Diluted EPS | 4.83 | 1.14 | 3.53 | 2.5 | |
| Net profit margin | 8.75% | 2.16% | 6.98% | 5.19% | |
| Operating income* | 1.55B | 936M | 1.05B | 1.14B | |
| Net change in cash | -36M | 293M | 183M | ||
| Cash on hand | 1.26B | 1.3B | 1.01B | ||
| Cost of revenue | 11.59B | 11.83B | 11.34B | 10.98B |
Financial data from Textron earnings reports. *Asterisk values are approximate.
Financial report summary
?Competition
Giga-Tronics • Lesco • Oshkosh • American Superconductor • Elbit Systems • United Defense Industries • Avantair • Defense Solutions Holding • John Bean Technologies • Delta Tucker
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
|
|
New words:
aftermarket, deducting, offering
Removed:
approved, authorization, authorized, Bamford, Certification, disclosed, driven, duly, eXtensible, formatted, ii, iii, iv, Language, March, Mark, registrant, shareholder, thereunto, undersigned, XBRL
Financial reports
10-Q
2019 Q2
Quarterly report
24 Jul 19
10-Q
2019 Q1
Quarterly report
24 Apr 19
10-K
2018 FY
Annual report
14 Feb 19
10-Q
2018 Q3
Quarterly report
25 Oct 18
10-Q
2018 Q2
Quarterly report
26 Jul 18
10-Q
2018 Q1
Quarterly report
25 Apr 18
10-K
2017 FY
Annual report
15 Feb 18
10-Q
2017 Q3
Quarterly report
27 Oct 17
10-Q
2017 Q2
Quarterly report
27 Jul 17
10-Q
2017 Q1
Quarterly report
26 Apr 17
Current reports
8-K
Textron Reports Third Quarter 2019 Results
17 Oct 19
8-K
Textron Reviewing Strategic Alternatives for Kautex
5 Aug 19
8-K
Textron Reports Second Quarter 2019 Results; Raises Full-Year EPS Outlook
17 Jul 19
8-K
Other Events
7 May 19
8-K
Textron Reports First Quarter 2019 Results
17 Apr 19
8-K
Textron Reports Fourth Quarter 2018 Results; Announces 2019 Financial Outlook
24 Jan 19
8-K
Cost Associated with Exit or Disposal Activities
6 Dec 18
8-K
Textron Reports Third Quarter 2018 Results; Narrows Full-Year EPS and Cash Guidance
18 Oct 18
8-K
Textron Reports Second Quarter 2018 Income from Continuing Operations of $0.87 per Share; Raises Full-Year EPS and Cash Guidance
18 Jul 18
8-K
Results of Operations and Financial Condition
18 Apr 18
Registration and prospectus
424B2
Prospectus for primary offering
1 May 19
FWP
Free writing prospectus
30 Apr 19
424B3
Prospectus supplement
30 Apr 19
424B2
Prospectus for primary offering
8 Nov 17
424B3
Prospectus supplement
7 Nov 17
FWP
Free writing prospectus
7 Nov 17
424B2
Prospectus for primary offering
12 Sep 17
424B3
Prospectus supplement
11 Sep 17
FWP
Free writing prospectus
11 Sep 17
S-3ASR
Automatic shelf registration
27 Jul 17
Proxies
DEFA14A
Additional proxy soliciting materials
6 Mar 19
DEF 14A
Definitive proxy
6 Mar 19
DEF 14A
Definitive proxy
6 Mar 18
DEFA14A
Additional proxy soliciting materials
6 Mar 18
DEF 14A
Definitive proxy
3 Mar 17
DEFA14A
Additional proxy soliciting materials
3 Mar 17
DEF 14A
Definitive proxy
8 Mar 16
DEFA14A
Additional proxy soliciting materials
8 Mar 16
DEF 14A
Definitive proxy
4 Mar 15
DEFA14A
Additional proxy soliciting materials
3 Apr 14
Other
SD
Conflict minerals disclosure
29 May 19
SD
Conflict minerals disclosure
25 May 18
SD
Conflict minerals disclosure
24 May 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
29 May 15
NO ACT
No action letter
26 Jan 15
SD
Conflict minerals disclosure
2 Jun 14
NO ACT
No action letter
22 Jan 14
UPLOAD
Letter from SEC
10 Jun 13
CORRESP
Correspondence with SEC
31 May 13
Patents
GRANT
Utility
Continuously variable transmission cooling
15 Oct 19
A continuously variable transmission (CVT), wherein the CVT includes a housing having an inner cover and an outer cover connected to the inner cover to provide the housing having an interior chamber defined therein.
GRANT
Utility
Cargo bed article stowage structure
1 Oct 19
A cargo bed wall that can be disposed at a forward portion of a deck of the cargo bed.
GRANT
Utility
Accessory attachment system
1 Oct 19
An accessory attachment system comprising a fastening key having an accessory retention cap, a stem extending from the retention cap, and at least one bit extending laterally from a distal end of the stem.