Aerospace and defense are both pretty hot sectors today, and Textron ( TXT ) is near a 52-week high, but it’s harder to work up a lot of enthusiasm about the name right now. The bizjet business should have another good year, but segment-levelAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...

Aerospace and defense are both pretty hot sectors today, and Textron ( TXT ) is near a 52-week high, but it’s harder to work up a lot of enthusiasm about the name right now. The bizjet business should have another good year, but segment-levelAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving com ...

BONN, Germany--(BUSINESS WIRE)--Kautex Textron GmbH & Co. KG (Kautex), a Textron Inc. (NYSE: TXT) company, is proud to announce its latest results from CDP (formerly known as Carbon Disclosure Project), the global standard for environmental transparency and performance. In the 2025 assessment, Kautex earned an A score for Climate Change, placing us in the Leadership category, and a B score for Water Security, marking a significant improvement from last year. Leadership level scores reflect best practice and ...

PROVIDENCE, R.I.--(BUSINESS WIRE)--Cristina Méndez has been elected to Textron's Board of Directors, effective February 15, 2026. ...

Core Insights - Textron reported fourth-quarter 2025 results that met earnings expectations and exceeded revenue forecasts, but shares fell 8% intra-day due to weaker-than-expected guidance for 2026 [1] Group 1: Financial Performance - Adjusted earnings were $1.73 per share on revenue of $4.2 billion, matching earnings consensus and topping revenue expectations of $4.1 billion [1] - Revenue rose 16% year over year, with full-year revenue increasing 8% to $14.8 billion [1] Group 2: Segment Performance - Textron Aviation recorded a 36% revenue increase to $1.7 billion, delivering 49 jets during the quarter compared to 32 a year earlier, as operations rebounded from a late-2024 strike [2] - Bell helicopter revenue climbed 11% to $1.3 billion, driven by higher military deliveries tied to the U.S. Army's MV-75 program [2] Group 3: Future Guidance - For fiscal 2026, Textron forecast adjusted earnings of $6.40 to $6.60 per share on revenue of approximately $15.5 billion, below the analyst consensus of $6.84 [3] - Manufacturing cash flow before pension contributions is expected to range between $700 million and $800 million [3]

Core Insights - Textron Inc. (TXT) reported fourth-quarter 2025 adjusted earnings of $1.73 per share, slightly missing the Zacks Consensus Estimate of $1.74 by 0.8%, but showing a significant increase of 29.1% from $1.34 in the same quarter last year [1] - The company achieved total revenues of $4.18 billion, exceeding the Zacks Consensus Estimate of $4.14 billion by 0.8%, and reflecting a 15.7% increase from $3.61 billion in the prior year [2] - For the full year 2025, adjusted earnings were reported at $6.10 per share, up from $5.48 in 2024, while total revenues reached $14.8 billion compared to $13.7 billion in the previous year [1][2] Segment Performance - Textron Aviation segment revenues surged 36% year over year to $1.7 billion, driven by higher deliveries of Citation jets and commercial turboprops, with a total of 49 jets and 43 turboprops delivered [3] - The Bell segment reported revenues of $1.3 billion, an 11% increase from the previous year, attributed to higher volume on the U.S. Army's MV-75 program, despite a slight decline in commercial revenues [4] - Textron Systems generated revenues of $323 million, up $12 million from the prior year, while the Industrial segment saw a decline of $48 million to $821 million due to the divestiture of the Powersports business [5] Financial Overview - As of January 3, 2026, Textron's cash and cash equivalents stood at $1.94 billion, an increase from $1.39 billion a year earlier, with cash generated from operating activities amounting to $1.33 billion compared to $1.01 billion in 2024 [8] - Capital expenditures for the year totaled $383 million, up from $364 million in the previous year, while long-term debt increased to $3.53 billion from $2.89 billion [8] Guidance - Textron anticipates revenues of approximately $15.5 billion for 2026, with adjusted earnings expected to be in the range of $6.40 to $6.60 per share, compared to the Zacks Consensus Estimate of $6.67 per share [9]

Financial Data and Key Metrics Changes - Textron reported a revenue growth of 16% in Q4 2025, totaling $4.2 billion, and a full-year revenue increase of 8% to $14.8 billion [4][20] - Segment profit for Q4 2025 was $380 million, up 34% year-over-year, and for the full year, it reached $1.4 billion, a 14% increase [19][20] - Adjusted EPS for Q4 was $1.73, compared to $1.34 in the previous year, and for the full year, it was $6.10, up from $5.48 [20] Business Line Data and Key Metrics Changes - Textron Aviation saw a revenue increase of 36% in Q4, totaling $1.7 billion, and a full-year revenue growth of 13% to $6 billion [21][22] - Bell's revenue grew by 11% in Q4 to $1.3 billion, with a full-year increase of 20% to $4.3 billion, although segment profit decreased by $9 million year-over-year [23][24] - Textron Systems reported a 4% revenue increase in Q4 to $323 million, with a full-year revenue of $1.2 billion, slightly up from the previous year [24] Market Data and Key Metrics Changes - Textron Aviation ended the year with a backlog of $7.7 billion, while Bell's backlog increased to $7.8 billion [22][24] - The general aviation industry remains healthy, with Textron Aviation experiencing strong order flow and a nearly $8 billion backlog [11][12] Company Strategy and Development Direction - The company is focused on executing its growth strategy through ongoing investments in new products and programs to drive organic growth and margin expansion [8] - Lisa Atherton emphasized the importance of operational rigor, capital allocation, and building resilience across all business lines [36][37] - Textron plans to eliminate the eAviation segment as a separate reporting entity to better leverage existing capabilities across its businesses [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong performance of Textron Aviation and the MV-75 program, which is expected to accelerate production and revenue growth [11][12][45] - The company anticipates 2026 revenues of approximately $15.5 billion, reflecting a 4.5% increase from 2025, with adjusted EPS projected between $6.40 and $6.60 [17][33] Other Important Information - Manufacturing cash flow before pension contributions for 2025 was $969 million, up $277 million from 2024 [20] - The company repurchased approximately 10.7 million shares in 2025, returning $822 million to shareholders [27] Q&A Session Summary Question: What are the top priorities for the company now that Lisa is CEO? - Lisa Atherton outlined three priorities: execution, portfolio focus, and building resilience across the business [36][37] Question: How should we think about the MV-75 program in the near and medium term? - Lisa Atherton stated that the Army's push for acceleration has allowed for significant progress, with production timelines moved forward by 2.5 to 3 years [45] Question: Will Textron focus on growing or pruning its portfolio? - Lisa Atherton indicated that the company will evaluate each business for returns and strategic fit, aiming to accelerate growth in high-quality aerospace and defense areas [50][52] Question: How is Textron managing supply chain challenges? - Lisa Atherton mentioned ongoing recovery efforts in the supply chain, particularly with key components like engines, and emphasized workforce training initiatives [59][60] Question: What is the outlook for aviation margins? - David Rosenberg confirmed that the company expects to maintain a margin range of 20%-25% as efficiency and productivity improve [88]

Textron (NYSE:TXT) Q4 2025 Earnings call January 28, 2026 08:00 AM ET Company ParticipantsDavid Rosenberg - CFOGavin Parsons - Director of Equity ResearchJohn Godyn - Managing DirectorKristine Liwag - Managing DirectorLisa Atherton - CEOMyles Walton - Managing DirectorNoah Poponak - Managing Director of Equity ResearchPeter Arment - Managing DirectorRobert Stallard - PartnerScott Donnelly - Executive ChairmanScott Hegstrom - VP of Investor Relations and TreasurerSeth Seifman - Exevutive DirectorSheila Kahya ...

Textron (NYSE:TXT) Q4 2025 Earnings call January 28, 2026 08:00 AM ET Speaker7Thank you for standing by, and welcome to the Textron fourth quarter 2025 conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press star one. Thank yo ...

分组1 - Textron reported quarterly earnings of $1.73 per share, missing the Zacks Consensus Estimate of $1.74 per share, but showing an increase from $1.34 per share a year ago, resulting in an earnings surprise of -0.80% [1] - The company posted revenues of $4.18 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.83% and increasing from $3.61 billion year-over-year [2] - Textron has outperformed the S&P 500 with an 8.1% increase in share price since the beginning of the year, compared to the S&P 500's gain of 1.9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $1.37 on revenues of $3.51 billion, and for the current fiscal year, it is $6.67 on revenues of $15.33 billion [7] - The Aerospace - Defense industry, to which Textron belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]