Textron Annual Income Statement (NYSE:TXT)

Add to My Stocks
$39.49 $1.4 (3.68%) TXT stock closing price Oct 20, 2016 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Textron stock price. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the TXT income statement also itemizes revenue, operating expenses, and profits for a quarter or year and reflects a YoY revenue decline of $455M when compared to the same period in the past. One also needs to look at Textron assets, operating expenses and Textron free cash flow. The profit and loss statement shows revenue of $13.42B for 2015. Revenue has decreased by $455M YoY for TXT stock. Textron revenue for 2015 is $13.42B. View revenue and profit details for latest and last 10 financial years.

show more
Get Income statement for another ticker
Fiscal year is Jan - Dec. 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006
Textron Net Sales or Revenues
Cost Of Goods Sold (COGS)10.98B11.42B10.13B10.02B9.31B8.61B8.47B10.76B9.72B8.53B
Textron Gross Profit
Research & Development Expense----------
Selling General & Admin Expense1.3B1.41B1.13B1.17B1.18B1.23B1.34B1.64B1.73B1.55B
Income Before Depreciation Depletion Amortization1.14B1.04B847M1.05B784M689M688M1.85B1.78B1.41B
Depreciation Depletion Amortization----------
Non Operating Income---3M-201M-333M-528M-760M--
Interest Expense169M191M173M212M246M270M309M432M484M438M
Textron Pretax Income
Provision for Income Taxes273M248M176M260M95M-6M-76M314M385M269M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations698M605M498M581M242M92M-73M344M915M706M
Extraordinary Items & Discontinued Operations-1M-5M-8M--6M42M142M2M-105M
Textron Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS278.73M281.79M284.43M294.66M307.26M302.56M262.92M249.83M254.83M260.44M
Average Shares used to compute Basic EPS278.73M281.79M284.43M294.66M307.26M302.56M262.92M249.83M254.83M260.44M
Income Before Nonrecurring Items698M638.8M498M608M401.77M246.3M155.74M791.2M915M706M
Income from Nonrecurring Items--33.8M--27M-159.77M-154.3M-228.74M-447.2M--
Textron Earnings Per Share Basic Net
Textron Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items2.502.271.752.061.310.810.593.173.592.72
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.
All figures in USD. M: Millions of USD, B: Billions of USD.

It is very helpful to read a report on Textron stock analysis. An investor must check the following items in an income statement:
  • Topline: A growing topline, as seen from the Textron revenue chart, as is not the case with Textron indicates a sagging business. One needs to compare the QoQ or YoY topline growth of TXT stock with its peers like NOC stock and SAFRY stock to see if the growth compares well with what can be expected for a company in that industry.
  • Bottom line: Most businesses like Textron try to improve their bottom line by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.
The income statement is also called the profit and loss statement. Apart from the income statement, one can check the Textron historical stock prices to check how the price has moved with time. .

Textron Income Statement - Key Financial Ratios

PE ratio (price earnings ratio)
PS ratio (
price sales ratio
Operating margin
Net profit margin
Dividend yield