Textron (TXT) Financials

Textron Inc (TXT) is a multi-industry company engaged in the design, manufacture, and distribution of various products and services globally. The company operates through five principal segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. Each segment contributes to the overall financial performance of the company.

The income statement provides a comprehensive overview of the company's financial performance over a specific period. It shows the revenue generated, cost of goods sold, and operating expenses. Textron Inc reported a total revenue of $13.6 billion in its most recent fiscal year. Gross profit, which is the revenue minus the cost of goods sold, was $3.3 billion.

The EBIT (earnings before interest and taxes) measures a company's operating performance without considering the impact of interest and taxes. Textron Inc reported an EBIT of $1.2 billion in its most recent fiscal year. EBITDA (earnings before interest, taxes, depreciation, and amortization) is another commonly used financial metric. It provides a more accurate picture of a company's operating performance by excluding non-cash expenses. Textron Inc's EBITDA was $1.6 billion.

Net income from stockholders reflects the profit earned by the company after accounting for all expenses and taxes. Textron Inc reported a net income of $0.8 billion in its most recent fiscal year. This represents the amount of profit available to the company's stockholders.

The balance sheet provides a snapshot of a company's financial position at a specific point in time. It reports the company's assets, liabilities, and stockholders' equity. Textron Inc had total assets of $25.4 billion and total liabilities of $14.3 billion. Stockholders' equity, which represents the residual interest in the assets after deducting liabilities, was $11.1 billion.

Cash equivalents refer to highly liquid assets that can be readily converted into cash. Textron Inc had cash equivalents of $0.7 billion. Net debt represents the company's total debt minus its cash and cash equivalents. Textron Inc had a net debt of $2.4 billion.

Total debt represents the company's outstanding debt obligations, including both short-term and long-term debt. Textron Inc had a total debt of $14.2 billion. Total liabilities, which include both debt and other obligations, were $14.3 billion.

Cash flow refers to the movement of cash into or out of a company during a specific period. It is an important measure of a company's liquidity and financial health. Textron Inc reported a positive operating cash flow of $1.5 billion, indicating its ability to generate cash from its core operations. Investing cash flow represents the cash used for or generated from investments in assets such as property, plant, and equipment. Textron Inc had a negative investing cash flow of $0.6 billion, indicating that it made investments in its business. Financing cash flow represents the cash used for or generated from financing activities, such as issuing or repurchasing debt or equity. Textron Inc had a negative financing cash flow of $1.0 billion.

Free cash flow is a measure of a company's ability to generate cash after accounting for capital expenditures. Textron Inc reported a free cash flow of $0.9 billion, indicating that it had excess cash available after investing in its business.

Textron Inc's financial performance is influenced by various factors, including economic conditions, competition, and industry trends. The company strives to deliver value to its stockholders and maintain a strong financial position through strategic investments and cost management. By analyzing its financials, investors can gain insights into the company's profitability, liquidity, and overall financial performance.