Textron Revenue, Profits - TXT Annual Income Statement

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$53.09 $0.03 (0.06%) TXT stock closing price Sep 22, 2017 (Closing)

Fundamental analysis of TXT stock involves analyzing its financial statements, apart from checking 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. The income statement is generated for a specific period of time, typically a year or a quarter. The revenue increase of $13.79B for 2016 impacts the TXT stock. Investors typically check year over year or quarter over quarter revenue growth. Along with Textron assets and Textron free cash flow, Textron profits as shown in profit and loss statement give key insights about the business. The profits have increased from $697M YoY and 2016 revenue is $13.79B. Textron revenue for 2016 is 13.79B. View revenue and profit details for latest and last 10 financial years.

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Quarterly
Annual
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Fiscal year is Jan - Dec.2016201520142013201220112010200920082007
Textron Net Sales or Revenues
13.79B13.42B13.88B12.1B12.24B11.28B10.53B10.5B14.25B13.23B
Cost Of Goods Sold (COGS)11.31B10.98B11.42B10.13B10.02B9.31B8.61B8.47B10.76B9.72B
Textron Gross Profit
2.48B2.44B2.46B1.97B2.22B1.97B1.92B2.03B3.49B3.51B
Research & Development Expense----------
Selling General & Admin Expense1.3B1.3B1.41B1.13B1.17B1.18B1.23B1.34B1.64B1.73B
Income Before Depreciation Depletion Amortization1.17B1.14B1.04B847M1.05B784M689M688M1.85B1.78B
Depreciation Depletion Amortization----------
Non Operating Income-123M---3M-201M-333M-528M-760M-
Interest Expense174M169M191M173M212M246M270M309M432M484M
Textron Pretax Income
876M971M853M674M841M337M86M-149M658M1.3B
Provision for Income Taxes33M273M248M176M260M95M-6M-76M314M385M
Minority Interest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations843M698M605M498M581M242M92M-73M344M915M
Extraordinary Items & Discontinued Operations119M-1M-5M-8M--6M42M142M2M
Textron Net Income (Profit/Loss)
962M697M600M498M589M242M86M-31M486M917M
Average Shares used to compute Diluted EPS272.37M278.73M281.79M284.43M294.66M307.26M302.56M262.92M249.83M254.83M
Average Shares used to compute Basic EPS272.37M278.73M281.79M284.43M294.66M307.26M302.56M262.92M249.83M254.83M
Income Before Nonrecurring Items715M698M638.8M498M608M401.77M246.3M155.74M791.2M915M
Income from Nonrecurring Items128M--33.8M--27M-159.77M-154.3M-228.74M-447.2M-
Textron Earnings Per Share Basic Net
3.532.502.131.752.000.790.28-0.121.953.60
Textron Earnings Per Share Diluted Net
3.532.502.131.752.000.790.28-0.121.953.60
EPS Diluted Before Nonrecurring Items2.622.502.271.752.061.310.810.593.173.59
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.080.080.080.080.080.080.080.080.920.85
All figures in USD. M: Millions of USD, B: Billions of USD.
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The key things to look for in an income statement while doing Textron stock analysis are:
  • Topline: A growing topline, as seen from the Textron revenue chart, as is the case with Textron indicates a growing business. One needs to compare the QoQ or YoY topline or sales 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 from 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 $13.79B - other expenses = $962M for TXT stock. An improving bottomline implies that the company is growing its profits.
The income statement is also called statement of revenue and expense. The TXT financials along with Textron historical stock prices provide a lot of details about the firm .

Textron Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
16.24
PS Ratio (price sales ratio)
1.04
Operating Margin
7.5
Net Profit Margin
4.2
Dividend Yield
0.15%