financial statements

The full income statement, balance sheet, and cash-flow statement for Textron Inc. (TXT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2026	FY2024	FY2023	FY2022	FY2022
Income Statement	as ofJan 3 ’26	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22
Revenue	14.8B YoY+8.0%	13.7B YoY+0.1%	13.7B YoY+6.3%	12.9B YoY+3.9%	12.4B YoY+6.3%
Research & development	521M YoY+6.1%	491M YoY-13.9%	570M YoY-5.2%	601M YoY-2.9%	619M YoY+12.8%
Selling, general & administrative	1.17B YoY+1.5%	1.16B YoY-5.6%	1.23B YoY+3.3%	1.19B YoY-2.9%	1.22B YoY+16.8%
Restructuring	8.00M YoY-90.1%	81.0M YoY+107.7%	39.0M	—	—
Amortization of intangibles	32.0M YoY-5.9%	34.0M YoY-12.8%	39.0M YoY-25.0%	52.0M YoY+2.0%	51.0M YoY-5.6%
Interest expense	—	—	—	—	142M YoY-14.5%
Net interest income	-126M YoY-29.9%	-97.0M YoY-26.0%	-77.0M YoY+28.0%	-107M YoY+24.6%	-142M YoY+14.5%
Pre-tax income	1.14B YoY+20.6%	943M YoY-13.2%	1.09B YoY+7.0%	1.02B YoY+16.4%	873M YoY+209.6%
Income tax	214M YoY+81.4%	118M YoY-28.5%	165M YoY+7.1%	154M YoY+22.2%	126M YoY+566.7%
	921M YoY+11.8%	824M YoY-10.5%	921M YoY+7.0%	861M YoY+15.4%	746M YoY+141.4%
Income from continuing operations	923M YoY+11.9%	825M YoY-10.5%	922M YoY+7.0%	862M YoY+15.4%	747M YoY+141.7%
	$5.11 YoY+18.0%	$4.33 YoY-5.0%	$4.56 YoY+13.7%	$4.01 YoY+21.5%	$3.30
EPS (basic)	$5.15 YoY+17.6%	$4.38 YoY-5.0%	$4.61 YoY+13.8%	$4.05 YoY+21.6%	$3.33
Weighted-avg shares (basic)	179M YoY-5.0%	188M YoY-5.7%	200M YoY-6.2%	213M YoY-5.0%	224M YoY-1.9%
Weighted-avg shares (diluted)	180M YoY-5.3%	190M YoY-5.7%	202M YoY-6.1%	215M YoY-5.1%	227M YoY-1.1%
Dividends per share	$0.08 YoY+0.0%	$0.08 YoY+0.0%	$0.08 YoY+0.0%	$0.08 YoY+0.0%	$0.08 YoY+0.0%
Balance Sheet	as ofJan 3 ’26	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22
Cash & equivalents	2.02B YoY+40.5%	1.44B YoY-33.9%	2.18B YoY+7.2%	2.04B YoY-3.9%	2.12B YoY-6.1%
Accounts receivable	1.03B YoY+0.0%	1.03B YoY+0.0%	1.03B YoY+0.0%	1.03B YoY+0.0%	1.03B YoY+0.0%
Inventory	4.28B YoY+5.1%	4.07B YoY+4.0%	3.91B YoY+10.3%	3.55B YoY+2.4%	3.47B YoY-1.3%
Other current assets	706M YoY+0.0%	706M YoY+0.0%	706M YoY+0.0%	706M YoY+0.0%	706M YoY+0.0%
	18.1B YoY+7.7%	16.8B YoY-0.1%	16.9B YoY+3.5%	16.3B YoY+2.9%	15.8B YoY+2.5%
Property, plant & equipment	2.48B YoY+0.0%	2.48B YoY+0.0%	2.48B YoY-1.8%	2.52B YoY-0.6%	2.54B YoY+0.9%
Operating lease right-of-use	390M YoY+8.3%	360M YoY-3.0%	371M YoY-0.3%	372M YoY-0.5%	374M YoY+7.2%
Intangible assets	338M YoY-6.6%	362M YoY-9.3%	399M YoY-13.4%	461M YoY+5.3%	438M YoY-10.4%
Other non-current assets	1.87B YoY+0.0%	1.87B YoY+0.0%	1.87B YoY+0.0%	1.87B YoY+0.0%	1.87B YoY+0.0%
Accrued liabilities	1.89B YoY+0.0%	1.89B YoY+0.0%	1.89B YoY+0.0%	1.89B YoY+0.0%	1.89B YoY+0.0%
Deferred revenue	115M YoY+0.0%	115M YoY+0.0%	115M YoY+0.0%	115M YoY+0.0%	115M YoY+0.0%
Current lease liability	58.0M YoY+5.5%	55.0M YoY+0.0%	55.0M YoY+1.9%	54.0M YoY-3.6%	56.0M YoY+19.1%
Other current liabilities	2.31B YoY+0.0%	2.31B YoY+0.0%	2.31B YoY+0.0%	2.31B YoY+0.0%	2.31B YoY+0.0%
	10.3B YoY+6.4%	9.63B YoY-2.4%	9.87B YoY+7.5%	9.18B YoY+1.9%	9.01B YoY-6.1%
Non-current lease liability	346M YoY+9.5%	316M YoY-3.1%	326M YoY+0.0%	326M YoY+0.3%	325M YoY+6.2%
	7.88B YoY+9.3%	7.20B YoY+3.1%	6.99B YoY-1.8%	7.11B YoY+4.4%	6.82B YoY+16.6%
Common stock	22.0M YoY-4.3%	23.0M YoY-4.2%	24.0M YoY-7.7%	26.0M YoY-7.1%	28.0M YoY-3.4%
Additional paid-in capital	2.00B YoY+1.8%	1.96B YoY+2.6%	1.91B YoY+1.6%	1.88B YoY+0.9%	1.86B YoY+4.4%
Retained earnings	5.78B YoY+3.2%	5.61B YoY-4.4%	5.86B YoY-0.7%	5.90B YoY+0.6%	5.87B YoY-1.7%
Treasury stock	55.0M YoY-32.9%	82.0M YoY-50.3%	165M YoY+96.4%	84.0M YoY-46.5%	157M YoY-22.7%
Accumulated other comprehensive income	129M YoY+142.4%	-304M YoY+52.8%	-644M YoY-5.2%	-612M YoY+22.4%	-789M YoY+54.6%
Total liabilities & equity	18.1B YoY+7.7%	16.8B YoY-0.1%	16.9B YoY+3.5%	16.3B YoY+2.9%	15.8B YoY+2.5%
Common shares issued	175M YoY-4.9%	184M YoY-5.6%	195M YoY-6.0%	207M YoY-5.4%	219M YoY-5.1%
Common shares outstanding	174M YoY-4.7%	183M YoY-5.1%	193M YoY-6.4%	206M YoY-5.0%	217M YoY-4.2%
Shares outstanding (cover)	176M YoY-5.0%	186M YoY-5.4%	196M YoY-6.1%	209M YoY-5.3%	220M YoY-3.7%
Cash Flow	as ofJan 3 ’26	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22
	1.31B YoY+29.4%	1.01B YoY-19.9%	1.27B YoY-14.9%	1.49B YoY-6.9%	1.60B YoY+108.1%
Depreciation & amortization	401M YoY+5.0%	382M YoY-3.3%	395M YoY-0.5%	397M YoY+1.8%	390M YoY-0.3%
Deferred income taxes	155M YoY+422.9%	-48.0M YoY+75.0%	-192M YoY+12.7%	-220M YoY-1056.5%	23.0M YoY+428.6%
Change in inventory	264M YoY+36.1%	194M YoY-46.0%	359M YoY+552.7%	55.0M YoY+222.2%	-45.0M YoY+89.6%
Change in payables	197M YoY+385.5%	-69.0M YoY-3550.0%	2.00M YoY-99.1%	235M YoY+1707.7%	13.0M YoY+102.1%
	-207M YoY+27.1%	-284M YoY+10.4%	-317M YoY+29.1%	-447M YoY-59.1%	-281M YoY-13.3%
Capital expenditure	383M YoY+5.2%	364M YoY-9.5%	402M YoY+13.6%	354M YoY-5.6%	375M YoY+18.3%
Other investing activities	-16.0M	0.00 YoY+100.0%	-2.00M YoY+95.5%	-44.0M YoY-22.2%	-36.0M YoY-414.3%
	-543M YoY+62.7%	-1.45B YoY-78.8%	-813M YoY+25.5%	-1.09B YoY+24.6%	-1.45B YoY-501.7%
Common stock repurchased	822M YoY-26.7%	1.12B YoY-3.9%	1.17B YoY+34.7%	867M YoY-5.9%	921M YoY+403.3%
Dividends paid	18.0M YoY+50.0%	12.0M YoY-25.0%	16.0M YoY-5.9%	17.0M YoY-5.6%	18.0M YoY+0.0%
Other financing activities	-14.0M YoY+54.8%	-31.0M YoY-416.7%	-6.00M YoY-100.0%	-3.00M YoY-200.0%	-1.00M YoY+80.0%
FX effect on cash	—	—	—	—	-8.00M YoY-147.1%
Net change in cash	584M YoY+178.9%	-740M YoY-606.8%	146M YoY+278.0%	-82.0M YoY+40.1%	-137M YoY-115.3%
Valuation Ratios	as ofJan 3 ’26	as ofDec 28 ’24	as ofDec 30 ’23	as ofDec 31 ’22	as ofJan 1 ’22
Market cap	15.3B YoY+7.1%	14.3B YoY-9.1%	15.8B YoY+6.6%	14.8B YoY-13.1%	17.0B YoY+53.8%
P/E	18.8× YoY+14.2%	16.4× YoY-2.2%	16.8× YoY-5.6%	17.8× YoY-20.3%	22.3× YoY-44.9%
P/S	1.1× YoY+5.3%	1.0× YoY-12.8%	1.2× YoY-0.5%	1.2× YoY-12.3%	1.4× YoY+48.3%
P/B	2.1× YoY-0.5%	2.1× YoY-7.7%	2.3× YoY+1.8%	2.2× YoY-22.7%	2.9× YoY+49.3%
P/FCF	22.3× YoY+12.3%	19.9× YoY+7.0%	18.6× YoY+26.8%	14.6× YoY+16.1%	12.6× YoY-18.1%
Earnings yield	5.3% YoY-12.5%	6.1% YoY+2.2%	6.0% YoY+6.0%	5.6% YoY+25.5%	4.5% YoY+81.5%
FCF yield	4.5% YoY-11.0%	5.0% YoY-6.6%	5.4% YoY-21.1%	6.8% YoY-13.9%	7.9% YoY+22.0%
Dividend yield	0.1% YoY-11.3%	0.1% YoY+4.2%	0.1% YoY-12.0%	0.1% YoY+9.0%	0.1% YoY-37.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: TXT's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TXT filings on SEC EDGAR → Not investment advice.

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financial statements