TXT changes
Pick any two versions below to diff them.
- Price
- $85.70 → $85.94(+0.3%)
- Balance sheet
- Cash: $1.6B Debt: $3.5B Net debt: $1.9B Undrawn credit line: $1.0B, to October 2030 Debt due within 12 months: $355M At October 3, 2026, Textron's manufacturing group had cash and equivalents of $1.61 billion and debt of $3.47 billion, of which $355 million was due within 12 months. Net debt to capital was 19% and debt to capital was 30%, with shareholders' equity of $8.12 billion. Nothing was drawn on its $1.0 billion senior unsecured revolving credit facility, which expires in October 2030. The Finance group had cash of $86 million and debt of $339 million. Net cash from operating activities of the manufacturing group was $512 million in Q3 2026, and Textron bought back $239 million of shares in the quarter. Textron now expects manufacturing cash flow before pension contributions of $800 million to $900 million in 2026. added: After the quarter end, on November 4, 2026, Textron issued $350 million of 5.500% notes due March 15, 2032. As of Oct 3, 2026.
- Recent events
- added: Nov 4, 2026: Textron sold $350 million of 5.500% notes due March 15, 2032, under its shelf registration. The 8-K does not say how Textron will use the money. Oct 29, 2026: Textron reported Q3 2026 results. Revenues rose 4% to $3.8 billion. GAAP EPS was $1.56 and adjusted EPS was $1.76, up from $1.55. Textron Aviation delivered 51 jets and 32 turboprops, and its revenues rose 14%. Bell revenues fell 9% to $933 million because of lower MV-75 volume. Textron said that the Army received Congressional approval for its Above Threshold Reprogramming request for the MV-75. Textron raised its 2026 guidance for adjusted EPS to $6.55 to $6.65, from $6.40 to $6.60, and for manufacturing cash flow before pension contributions to $800 million to $900 million. It bought back $239 million of shares. Sep 29, 2026: Textron said that it will report Q3 2026 results on October 29, 2026. Sep 28, 2026: Aviation Week reported that a Pentagon reprogramming notice of September 28, 2026, moved $200.2 million to the Army's MV-75 development account. This brought the program's fiscal 2026 funding to $1.422 billion. The notice said that the $230 million approved in July was not enough. Textron had used its own money to keep the program on schedule. Jul 28, 2026: Textron reported Q2 2026 results. Revenues rose 3% to $3.83 billion. GAAP EPS was $1.42 and adjusted EPS was $1.62, up from $1.55. Textron Aviation delivered 40 jets and 44 turboprops and had a backlog of $8.0 billion. Bell revenues rose 6% to $1.1 billion with higher H-1 and MV-75 volume, and Bell's backlog was $7.5 billion. Textron kept its 2026 guidance and bought back $209 million of shares. Apr 30, 2026: Textron said that it intends to separate its Industrial segment, Kautex and Textron Specialized Vehicles, from its aerospace and defense businesses. It will look at a sale or a tax-free spin-off and targets completion within 12 to 18 months. Apr 30, 2026: Textron reported Q1 2026 results. GAAP EPS was $1.25 and adjusted EPS was $1.45, up from $1.28. Textron bought back $168 million of shares.