Textron Inc. (TXT)

Textron Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Jan 4, 2020
Revenue	13,794	13,683	12,869	12,382	11,651	13,630
Revenue Growth (YoY)	7.00%	6.33%	3.93%	6.27%	-14.52%	-2.45%
Cost of Revenue	11,488	11,405	10,800	10,297	10,094	11,406
Gross Profit	2,306	2,278	2,069	2,085	1,557	2,224
Selling, General & Admin	1,236	1,225	1,186	1,221	1,045	1,152
Other Operating Expenses	-104	-111	-240	-134	64	-41
Operating Expenses	1,132	1,114	946	1,087	1,109	1,111
Operating Income	1,174	1,164	1,123	998	448	1,113
Interest Expense / Income	77	77	107	142	166	171
Other Expense / Income	1	1	1	-16	-	-
Pretax Income	1,096	1,086	1,015	872	282	942
Income Tax	165	165	154	126	-27	127
Net Income	931	921	861	746	309	815
Net Income Growth	8.38%	6.97%	15.42%	141.42%	-62.09%	-33.31%
Shares Outstanding (Basic)	193	196	209	220	229	228
Shares Change	-6.02%	-6.11%	-5.29%	-3.69%	0.27%	-6.05%
EPS (Basic)	4.73	4.61	4.05	3.33	1.35	3.52
EPS (Diluted)	4.68	4.56	4.01	3.30	1.35	3.50
EPS Growth	15.56%	13.72%	21.52%	144.44%	-61.43%	-27.54%
Free Cash Flow	711	882	1,156	1,226	484	619
Free Cash Flow Per Share	3.69	4.50	5.54	5.56	2.12	2.71
Dividend Per Share	0.080	0.080	0.330	0.080	0.080	0.080
Dividend Growth	0%	-75.76%	312.50%	0%	0%	0%
Gross Margin	16.72%	16.65%	16.08%	16.84%	13.36%	16.32%
Operating Margin	8.51%	8.51%	8.73%	8.06%	3.85%	8.17%
Profit Margin	6.75%	6.73%	6.69%	6.02%	2.65%	5.98%
Free Cash Flow Margin	5.15%	6.45%	8.98%	9.90%	4.15%	4.54%
Effective Tax Rate	15.05%	15.19%	15.17%	14.45%	-9.57%	13.48%
EBITDA	1,564	1,558	1,519	1,404	839	1,523
EBITDA Margin	11.34%	11.39%	11.80%	11.34%	7.20%	11.17%
Depreciation & Amortization	391	395	397	390	391	410
EBIT	1,173	1,163	1,122	1,014	448	1,113
EBIT Margin	8.50%	8.50%	8.72%	8.19%	3.85%	8.17%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).