Textron Income Statement - Quarterly (NYSE:TXT)

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$38.91 $0.58 (1.47%) TXT stock closing price Oct 21, 2016 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Textron stock price alone is not sufficient. In the income statement, an investor can look at important parameters like revenue, gross profits, net profits, and EPS basic to gain deeper insights. The income statement for TXT which implies a QoQ revenue decline of $260M is specific to a period of time. Investors typically check YoY or QoQ revenue growth. 2016-Q3 revenue is $3.25B and has decreased from $3.51B quarter on quarter as is evident when you compare the latest figures in the latest Textron profit and loss statement with those of the prior corresponding period. (See also:Textron assets and Textron free cash flow) View details of revenue and profits for Textron for latest & last 40 quarters.

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Fiscal year is Jan - Dec. 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2
Textron Net Sales or Revenues
Cost Of Goods Sold (COGS)-2.89B2.64B3.25B2.58B2.64B2.51B3.34B2.85B2.88B
Textron Gross Profit
Research & Development Expense----------
Selling General & Admin Expense53M318M308M335M303M329M337M451M307M353M
Income Before Depreciation Depletion Amortization3.2B304M258M337M293M283M227M301M278M277M
Depreciation Depletion Amortization----------
Non Operating Income115M------36M--20M
Interest Expense35M44M43M43M41M42M43M50M47M47M
Textron Pretax Income
Provision for Income Taxes-192M82M64M69M76M72M56M74M71M65M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations299M178M151M225M176M169M128M213M160M145M
Extraordinary Items & Discontinued Operations122M-1M-1M1M--2M--1M-1M-1M
Textron Net Income (Profit/Loss)
Average Shares used to compute Diluted EPS-271.32M273.02M276.65M278.04M279.94M280.08M279.77M281.03M282.76M
Average Shares used to compute Basic EPS272.09M271.32M273.02M276.65M278.04M279.94M280.08M279.77M281.03M282.76M
Income Before Nonrecurring Items166M178M151M225M176M169M128M221.45M168.43M180.62M
Income from Nonrecurring Items133M-------8.45M-8.43M-35.62M
Textron Earnings Per Share Basic Net
Textron Earnings Per Share Diluted Net
EPS Diluted Before Nonrecurring Items0.610.660.550.810.630.600.460.790.600.64
Preferred Dividends Acc Pd----------
Dividends Common5.395.38--------
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: The Bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $3.25B - other expenses = $421M for TXT stock. An improving bottomline implies that the company is growing profits.
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