TXT · 10-Q · 2026Q4

TEXTRON INC

Filed 2026-10-29 · Automotive · View original filing on EDGAR

Everything TXT's SEC filings said, ranked

Ranked Events

• U.S. Tax Law ChangesImportance 66 · Surprise 74
  Textron’s effective tax rate was 16.1% in the third quarter and 17.4% for the first nine months of 2026, compared with 25.6% and 19.9%, respectively, in 2025. The filing says the 2025 third-quarter rate reflected…
• Capital Expenditure ProgramImportance 51 · Surprise 64
  Manufacturing group capital expenditures were $330 million in the first nine months of 2026, up from $210 million in the same 2025 period. Manufacturing group operating cash flow was $640 million, compared with $629…
• Textron Systems DemandImportance 48 · Surprise 40
  Textron Systems revenues increased 12% to $1.045 billion in the first nine months of 2026, with growth largely driven by higher volume in military training and support services provided by ATAC, armored land vehicles,…
• MV-75 Program Cost AdjustmentImportance 46 · Surprise 42
  Textron expects to be awarded the MV-75 program’s long-lead Low-Rate Initial Production phase, subject to U.S. Government fiscal 2027 budget approval, funding, and an agreed program schedule. If awarded during 2027,…
• Income Tax Rate ChangesImportance 46 · Surprise 56
  Textron’s effective tax rate was 16.1% in the third quarter and 17.4% in the first nine months of 2026, compared with 25.6% and 19.9%, respectively, in 2025. The 2026 rates were below the 21% U.S. federal statutory…
• Textron Aviation DemandImportance 44 · Surprise 40
  Textron Aviation revenues increased $492 million, or 12%, in the first nine months of 2026, with aircraft revenues up $390 million and aftermarket parts and services up $102 million. Higher aircraft revenues primarily…
• Order Backlog and Book-to-BillImportance 43 · Surprise 32
  Textron reported total backlog of $19.048 billion as of October 3, 2026, up from $18.823 billion at January 3, 2026. Textron Aviation backlog increased to $7.995 billion from $7.724 billion, and Textron Systems backlog…
• Capital Return ProgramImportance 41 · Surprise 22
  Textron paid $616 million to repurchase 7.0 million common shares in the first nine months of 2026. In the comparable 2025 period, it repurchased 8.4 million shares for $635 million. The 2026 share repurchases were…
• Balance Sheet and LiquidityImportance 41 · Surprise 22
  At October 3, 2026, the Manufacturing group held $1.610 billion in cash and equivalents and had $3.465 billion of debt, compared with $1.940 billion of cash and $3.539 billion of debt at January 3, 2026. Net debt to…
• Revenue Performance and MixImportance 37 · Surprise 32
  Consolidated revenue increased 4% to $3.751 billion in the third quarter of 2026 and 6% to $11.273 billion in the first nine months, compared with the corresponding 2025 periods. Textron Aviation revenue rose $201…
• Strategic InitiativesImportance 31 · Surprise 42
  Effective January 4, 2026, Textron realigned the business activities of Textron eAviation within its other operating segments and eliminated eAviation as a separate reporting segment. A significant part of eAviation,…
• Gross Margin DriversImportance 31 · Surprise 32
  Consolidated cost of sales increased $138 million, or 5%, in the third quarter and $615 million, or 7%, in the first nine months of 2026. The year-to-date increase included $377 million from higher net volume and mix…
• Research and Development ExpenseImportance 23 · Surprise 22
  Research and development costs decreased $8 million, or 7%, in the third quarter and $41 million, or 11%, in the first nine months of 2026 compared with 2025. The year-to-date reduction included $22 million at Bell,…
• Operating Expense TrendsImportance 18 · Surprise 14
  Selling and administrative expense increased $14 million, or 5%, in the third quarter and $45 million, or 5%, in the first nine months of 2026. Both periods included a net $10 million decrease in a gain from early…

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