Textron Inc. (TXT) intrinsic value & 10-year financials
Textron Inc. (TXT) has a Graham intrinsic value of $70.71 per share. At $75.93 on Oct 17, 2026, the stock trades 7% above that value. Over the last 10 fiscal years revenue grew 0.7% a year to $14.8B, with an average return on invested capital of 15.2%.
- Graham intrinsic value
- $70.71
- Share price (Oct 17, 2026)
- $75.93
- Price vs Graham value
- 7% above
- Market cap
- $13.7B
- Revenue (FY2026)
- $14.8B
- Revenue growth (10-yr CAGR)
- 0.7%
- ROIC (10-yr avg)
- 15.2%
- Free cash flow (FY2026)
- $929.0M
TXT 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $14.8B | $921.0M | $5.11 | $929.0M | — | 15.0% |
| FY2024 | $13.7B | $824.0M | $4.33 | $650.0M | — | 14.7% |
| FY2023 | $13.7B | $921.0M | $4.56 | $864.0M | — | 18.1% |
| FY2022 | $12.4B | $746.0M | $3.30 | $1.2B | — | 16.7% |
| FY2021 | $11.7B | $309.0M | — | $451.0M | — | 7.4% |
| FY2020 | $13.6B | $815.0M | — | $675.0M | — | 18.4% |
| FY2018 | $14.0B | $1.2B | $4.83 | $738.0M | — | 22.5% |
| FY2017 | $14.2B | $307.0M | $1.14 | $530.0M | — | 5.5% |
| FY2016 | $13.8B | $962.0M | $3.53 | $566.0M | — | 19.5% |
| FY2015 | $13.9B | $600.0M | $2.13 | $779.0M | — | 14.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Textron has demonstrated mature, steady growth, with revenue compounding at 0.7% annually over the past decade.
Textron returns on capital have been average, hovering around 15.0% ROIC over the decade.
Over the decade, Textron shows that management has aggressively returned capital to shareholders by retiring 36.0% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Textron is modeled at 3.8% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $70.71 per share.