Textron Inc

NYSE:TXT USA Aerospace & Defense
Market Cap
$15.93 Billion
Market Cap Rank
#1185 Global
#912 in USA
Share Price
$91.49
Change (1 day)
-0.40%
52-Week Range
$60.72 - $100.77
All Time High
$100.77
About

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates in six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft, as well as offers maintenance, i… Read more

Textron Inc (TXT) - Net Assets

Latest net assets as of December 2025: $7.88 Billion USD

Based on the latest financial reports, Textron Inc (TXT) has net assets worth $7.88 Billion USD as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.13 Billion) and total liabilities ($10.25 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $7.88 Billion
% of Total Assets 43.44%
Annual Growth Rate 4.08%
5-Year Change 15.55%
10-Year Change 41.28%
Growth Volatility 15.2

Textron Inc - Net Assets Trend (1985–2025)

This chart illustrates how Textron Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Textron Inc (1985–2025)

The table below shows the annual net assets of Textron Inc from 1985 to 2025.

Year Net Assets Change
2025-12-31 $7.88 Billion +9.31%
2024-12-31 $7.20 Billion +3.11%
2023-12-31 $6.99 Billion -1.77%
2022-12-31 $7.11 Billion +4.37%
2021-12-31 $6.82 Billion +16.60%
2020-12-31 $5.84 Billion +5.93%
2019-12-31 $5.52 Billion +6.28%
2018-12-31 $5.19 Billion -8.06%
2017-12-31 $5.65 Billion +1.31%
2016-12-31 $5.57 Billion +12.29%
2015-12-31 $4.96 Billion +16.20%
2014-12-31 $4.27 Billion -2.55%
2013-12-31 $4.38 Billion +46.57%
2012-12-31 $2.99 Billion +8.96%
2011-12-31 $2.75 Billion -7.64%
2010-12-31 $2.97 Billion +5.17%
2009-12-31 $2.83 Billion +19.44%
2008-12-31 $2.37 Billion -32.53%
2007-12-31 $3.51 Billion +32.39%
2006-12-31 $2.65 Billion -19.14%
2005-12-31 $3.28 Billion -10.30%
2004-12-31 $3.65 Billion -1.03%
2003-12-31 $3.69 Billion +8.34%
2002-12-31 $3.41 Billion -13.42%
2001-12-31 $3.93 Billion -12.69%
2000-12-31 $4.51 Billion -7.83%
1999-12-31 $4.89 Billion +40.49%
1998-12-31 $3.48 Billion +7.81%
1997-12-31 $3.23 Billion +1.41%
1996-12-31 $3.18 Billion -6.71%
1995-12-31 $3.41 Billion +18.39%
1994-12-31 $2.88 Billion +3.66%
1993-12-31 $2.78 Billion +11.75%
1992-12-31 $2.49 Billion -15.03%
1991-12-31 $2.93 Billion +9.96%
1990-12-31 $2.66 Billion +4.53%
1989-12-31 $2.55 Billion +7.87%
1988-12-31 $2.36 Billion +2.34%
1987-12-31 $2.31 Billion +27.36%
1986-12-31 $1.81 Billion +13.77%
1985-12-31 $1.59 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Textron Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 332.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $5.78 Billion 73.45%
Common Stock $22.00 Million 0.28%
Other Comprehensive Income $129.00 Million 1.64%
Other Components $1.94 Billion 24.63%
Total Equity $7.88 Billion 100.00%

Textron Inc Competitors by Market Cap

The table below lists competitors of Textron Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Textron Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 7,204,000,000 to 7,875,000,000, a change of 671,000,000 (9.3%).
  • Net income of 921,000,000 contributed positively to equity growth.
  • Dividend payments of 19,000,000 reduced retained earnings.
  • Share repurchases of 1,077,000,000 reduced equity.
  • Other comprehensive income increased equity by 433,000,000.
  • Other factors increased equity by 413,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $921.00 Million +11.7%
Dividends Paid $19.00 Million -0.24%
Share Repurchases $1.08 Billion -13.68%
Other Comprehensive Income $433.00 Million +5.5%
Other Changes $413.00 Million +5.24%
Total Change $- 9.31%

Book Value vs Market Value Analysis

This analysis compares Textron Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.09x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 16.88x to 2.09x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-12-31 $5.42 $91.49 x
1986-12-31 $5.59 $91.49 x
1987-12-31 $7.16 $91.49 x
1988-12-31 $6.76 $91.49 x
1989-12-31 $7.19 $91.49 x
1990-12-31 $7.51 $91.49 x
1991-12-31 $6.67 $91.49 x
1992-12-31 $7.05 $91.49 x
1993-12-31 $6.10 $91.49 x
1994-12-31 $7.95 $91.49 x
1995-12-31 $9.81 $91.49 x
1996-12-31 $9.28 $91.49 x
1997-12-31 $9.53 $91.49 x
1998-12-31 $8.96 $91.49 x
1999-12-31 $14.16 $91.49 x
2000-12-31 $13.66 $91.49 x
2001-12-31 $13.76 $91.49 x
2002-12-31 $12.14 $91.49 x
2003-12-31 $13.45 $91.49 x
2004-12-31 $13.03 $91.49 x
2005-12-31 $12.00 $91.49 x
2006-12-31 $10.17 $91.49 x
2007-12-31 $13.76 $91.49 x
2008-12-31 $9.45 $91.49 x
2009-12-31 $10.75 $91.49 x
2010-12-31 $9.82 $91.49 x
2011-12-31 $8.93 $91.49 x
2012-12-31 $10.15 $91.49 x
2013-12-31 $15.41 $91.49 x
2014-12-31 $15.16 $91.49 x
2015-12-31 $17.81 $91.49 x
2016-12-31 $20.47 $91.49 x
2017-12-31 $21.01 $91.49 x
2018-12-31 $20.50 $91.49 x
2019-12-31 $24.20 $91.49 x
2020-12-31 $25.82 $91.49 x
2021-12-31 $30.09 $91.49 x
2022-12-31 $33.09 $91.49 x
2023-12-31 $34.63 $91.49 x
2024-12-31 $37.85 $91.49 x
2025-12-31 $43.69 $91.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Textron Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 11.70%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.22%
  • • Asset Turnover: 0.82x
  • • Equity Multiplier: 2.30x
  • Recent ROE (11.70%) is below the historical average (12.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1985 14.04% 5.54% 0.93x 2.72x $64.37 Million
1986 13.57% 4.90% 0.90x 3.07x $64.74 Million
1987 11.45% 4.90% 1.01x 2.32x $33.38 Million
1988 11.52% 3.73% 0.58x 5.32x $35.98 Million
1989 10.55% 4.18% 0.47x 5.41x $13.99 Million
1990 10.63% 3.57% 0.53x 5.59x $16.76 Million
1991 10.23% 3.82% 0.50x 5.38x $6.73 Million
1992 -14.29% -4.26% 0.45x 7.38x $-604.18 Million
1993 13.64% 4.18% 0.46x 7.07x $101.08 Million
1994 15.02% 4.47% 0.46x 7.26x $144.80 Million
1995 14.04% 4.80% 0.43x 6.79x $137.80 Million
1996 7.95% 3.37% 0.41x 5.73x $-65.30 Million
1997 17.29% 6.43% 0.47x 5.77x $235.20 Million
1998 20.29% 6.16% 0.72x 4.58x $308.30 Million
1999 50.86% 18.78% 0.72x 3.75x $1.79 Billion
2000 5.46% 1.67% 0.80x 4.10x $-181.40 Million
2001 4.22% 1.35% 0.77x 4.08x $-227.40 Million
2002 -3.64% -1.20% 0.67x 4.55x $-464.60 Million
2003 7.02% 2.65% 0.65x 4.09x $-110.00 Million
2004 9.99% 4.39% 0.52x 4.35x $-200.00K
2005 6.20% 2.02% 0.61x 5.04x $-124.60 Million
2006 22.69% 5.23% 0.65x 6.63x $336.10 Million
2007 26.15% 7.27% 0.63x 5.69x $566.30 Million
2008 20.54% 3.47% 0.70x 8.46x $249.40 Million
2009 -1.10% -0.30% 0.55x 6.70x $-313.60 Million
2010 2.89% 0.82% 0.69x 5.14x $-211.20 Million
2011 8.82% 2.15% 0.83x 4.96x $-32.50 Million
2012 19.69% 4.81% 0.94x 4.36x $289.90 Million
2013 11.36% 4.11% 0.94x 2.95x $59.60 Million
2014 14.04% 4.32% 0.95x 3.42x $172.80 Million
2015 14.04% 5.19% 0.91x 2.96x $200.60 Million
2016 17.26% 6.98% 0.90x 2.76x $404.60 Million
2017 5.44% 2.16% 0.93x 2.72x $-257.70 Million
2018 23.54% 8.75% 0.98x 2.75x $702.80 Million
2019 14.77% 5.98% 0.91x 2.72x $263.20 Million
2020 5.29% 2.65% 0.76x 2.63x $-275.50 Million
2021 10.95% 6.02% 0.78x 2.32x $64.50 Million
2022 12.10% 6.69% 0.79x 2.29x $149.70 Million
2023 13.18% 6.73% 0.81x 2.41x $222.30 Million
2024 11.44% 6.01% 0.81x 2.34x $103.60 Million
2025 11.70% 6.22% 0.82x 2.30x $133.50 Million

Industry Comparison

This section compares Textron Inc's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $301,480,945
  • Average return on equity (ROE) among peers: 29.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Textron Inc (TXT) $7.88 Billion 14.04% 1.30x $15.83 Billion
Alabama Aircraft Industries Inc (AAIIQ) $3.00 Million 70.00% 22.83x $0.97
AAC Clyde Space AB (ACCMF) $662.75 Million -6.24% 0.42x $49.09 Million
Archer Aviation Inc (ACHR) $698.90 Million -49.76% 0.10x $3.44 Billion
American Defense Systems Inc (ADFS) $9.01 Million 34.56% 0.45x $4.85K
AAR Corp (AIR) $866.00 Million 7.82% 1.54x $4.16 Billion
Air Industries Group (AIRI) $21.61 Million 17.30% 1.32x $12.09 Million
AIRO Group Holdings, Inc. Common Stock (AIRO) $548.73 Million -7.05% 0.28x $168.72 Million
Philly Shipyard ASA (AKRRF) $155.58 Million 43.21% 0.63x $13.32 Million
ASI Aviation Inc (ASAV) $6.88 150.58% 2.47x $2.48 Million
Astronics Corporation (ATRO) $49.23 Million 31.26% 1.11x $2.35 Billion