Textron Inc. (TXT)

Textron Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Operating Revenue	13,652	13,628	12,817	12,333	11,596
Other Revenue	50	55	52	49	55
Revenue	13,702	13,683	12,869	12,382	11,651
Revenue Growth (YoY)	0.14%	6.33%	3.93%	6.27%	-14.52%
Cost of Revenue	11,200	10,835	10,199	10,297	10,039
Gross Profit	2,483	2,833	2,657	2,067	1,591
Selling, General & Admin	893	988	946	1,062	962
Research & Development	491	570	601	-	-
Operating Expenses	1,384	1,558	1,547	1,062	962
Operating Income	1,099	1,275	1,110	1,005	629
Interest Expense	-78	-62	-94	-124	-145
EBT Excluding Unusual Items	1,021	1,213	1,016	881	484
Merger & Restructuring Charges	-78	-126	-	-25	-163
Gain (Loss) on Sale of Assets	-	-	-	17	-
Asset Writedown	-	-	-	-	-39
Pretax Income	943	1,087	1,016	873	282
Income Tax Expense	118	165	154	126	-27
Earnings From Continuing Operations	825	922	862	747	309
Earnings From Discontinued Operations	-1	-1	-1	-1	-
Net Income	824	921	861	746	309
Net Income to Common	824	921	861	746	309
Net Income Growth	-10.53%	6.97%	15.42%	141.42%	-62.09%
Shares Outstanding (Basic)	188	200	213	224	229
Shares Outstanding (Diluted)	190	202	215	227	229
Shares Change (YoY)	-5.68%	-6.14%	-5.10%	-1.07%	-1.60%
EPS (Basic)	4.38	4.61	4.05	3.33	1.35
EPS (Diluted)	4.33	4.57	4.01	3.30	1.35
EPS Growth	-5.04%	13.97%	21.54%	144.12%	-61.43%
Free Cash Flow	650	864	1,134	1,223	451
Free Cash Flow Per Share	3.42	4.28	5.28	5.40	1.97
Dividend Per Share	0.080	0.080	0.080	0.080	0.080
Gross Margin	18.12%	20.71%	20.65%	16.69%	13.66%
Operating Margin	8.02%	9.32%	8.63%	8.12%	5.40%
Profit Margin	6.01%	6.73%	6.69%	6.02%	2.65%
Free Cash Flow Margin	4.74%	6.31%	8.81%	9.88%	3.87%
EBITDA	1,481	1,670	1,507	1,395	1,020
EBITDA Margin	10.81%	12.21%	11.71%	11.27%	8.76%
D&A For EBITDA	382	395	397	390	391
EBIT	1,099	1,275	1,110	1,005	629
EBIT Margin	8.02%	9.32%	8.63%	8.12%	5.40%
Effective Tax Rate	12.51%	15.18%	15.16%	14.43%	-
Revenue as Reported	13,702	13,683	12,869	12,382	11,651

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q