TXT
Textron Inc.86.33
-1.61-1.83%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
CEO priorities, MV-75 acceleration details
Q&A featured new CEO Lisa Atherton's priorities—ruthless execution, portfolio pruning/growth in high-return A&D, supply chain resilience—while detailing MV-75 acceleration pulling production forward 2-3 years, backed by 100% first-pass yields and Army streamlining for low concurrency risk. Aviation guidance holds despite orders down 3%, with higher deliveries offsetting persistent engine shortages and workforce attrition. Management was direct on potential $60-110M LRIP charge yet program profitability, steady Bell margins, and cash for buybacks. Supply chain still bites. Confident tone; investors watch factory fixes and portfolio moves.
Key Stats
Market Cap
15.38BP/E (TTM)
18.89Basic EPS (TTM)
4.57Dividend Yield
0%Recent Filings
10-K
FY2025 results
Textron's FY2025 revenues climbed 8% to $14.8B, fueled by Textron Aviation's 13% surge to $6.0B from higher jet and turboprop volumes post-strike recovery, while Bell jumped 20% to $4.3B on MV-75 acceleration. Segment profits rose 14% overall, with Aviation margins hitting 11.7% thanks to volume and efficiencies, though Bell's dipped to 8.5% on development costs. Backlog swelled 5% to $18.8B, signaling strength. Manufacturing cash flow hit $1.3B; $822M returned via buybacks. U.S. Government contract terminations risk quarterly momentum.
8-K
Textron adds Otis CFO to board
Textron elected Cristina Méndez, Otis Worldwide's EVP and CFO, to its Board effective February 15, 2026. She brings deep finance expertise from leading Otis' $14 billion sales operation and prior telecom roles, joining the Audit and Nominating Committees as an independent director and audit committee financial expert. Textron adds seasoned oversight.
8-K
Textron beats Q4, guides higher
8-K
Textron sells $500M notes
10-Q
Q3 FY2025 results
Textron posted Q3 revenues of $3.6B, up 5% y/y, driven by Textron Aviation's 10% surge and Bell's 10% gain on MV-75 military work, yet Industrial dipped 9% post-Powersports sale. Income from continuing operations hit $235M, +5% y/y, with diluted EPS $1.31; YTD figures show $10.6B revenues (+5% y/y) and $687M income (+0.4% y/y), EPS $3.79. Gross margins slipped to 17.6% from 17.7%, hit by inflation and LIFO. Manufacturing cash swelled to $1.4B, operating cash flow $629M YTD, free cash flow $419M (derived); total debt $3.7B after $500M notes issuance, net debt-to-capital steady at 21%. Sold Powersports in April for $16M net cash. U.S. Government shutdown risks payment delays.
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