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Textron Inc. - Company Profile

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Textron Inc. - Overview

Brands
Arctic Cat, Bad Boy, Beechcraft, Bell Helicopter, Cessna, Cushman, Dixie Chopper, E-Z-Go, Greenlee, Hawker, Jacobsen, Kautex, Lycoming, Sherman+Reilly, Textron, Textron Financial, Textron Systems, Tru, Tug
Description
Textron Inc. is a public company headquartered in Rhode Island with an estimated 33,000 employees. In the US, the company has a notable market share in at least five industries: Unmanned Aerial Vehicle (UAV) Manufacturing, Golf Cart Manufacturing, ATV Manufacturing, ATV, Golf Cart & Snowmobile Manufacturing and Tank & Armored Vehicle Manufacturing. Their largest market share is in the Unmanned Aerial Vehicle (UAV) Manufacturing industry, where they account for an estimated 17.6% of total industry revenue and are considered a Golden Goose because they display medium to strong market share and strong profit, but slower revenue growth than some of their peers.
Company Details

Registered Name: Textron Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 40 Westminster St Providence RI 02903

Employees: 33000

Textron Inc. - Operating Industries and Main Competitors

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Textron Inc. - Products and Services

  • ATV, Golf Cart & Snowmobile Manufacturing in the US

  • Of the 3 core revenue-generating products and services in the ATV, Golf Cart & Snowmobile Manufacturing in the US industry, Textron Inc. offers:
    • All other transportation equipment (including snowmobiles and person
    • ATVs and parts
    • Golf carts and parts
  • Tank & Armored Vehicle Manufacturing in the US

  • Of the 3 core revenue-generating products and services in the Tank & Armored Vehicle Manufacturing in the US industry, Textron Inc. offers:
    • Tanks
    • Tracked armored vehicles
    • Wheeled armored vehicles
  • ATV Manufacturing

  • Of the 4 core revenue-generating products and services in the ATV Manufacturing industry, Textron Inc. offers:
    • General use/utility ATVs
    • Parts and accessories
    • Side-by-side ATVs
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error_outline To view Textron Inc.'s full products and services, see purchase options.

Textron Inc. - Analyst Insights

Textron’s improving financial performance reflected in 2021

In fiscal 2021, Textron Inc’s (Textron) total revenue reached $12.4 billion, up 6.0% from $11.7 billion in 2020. The company’s revenue by segment in 2021 was as follows: Textron aviation (37.0%), Bell (27.0%), industrial (25.0%), Textron systems (10.0%) and finance (1.0%). Textron aviation manufactures, sells and services Beechcraft and Cessna aircraft and the Hawker brand of business jets. Bell supplies advanced military helicopters and provides parts and support services to the U.S. government and to military customers outside the United States.

Product Innovation|Competition|Structural


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Textron Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Textron Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the ATV, Golf Cart & Snowmobile Manufacturing in the US, Tank & Armored Vehicle Manufacturing in the US, and ATV Manufacturing industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Textron Inc.'s full SWOT analysis, see purchase options.

Textron Inc. - Financial Statements & Ratios

pie_chartTextron Inc. Income Statement

BALANCE DATE12/31/202212/31/202112/31/202012/31/201812/31/2017
Revenue12,382.011,651.013,630.013,972.014,198.0
Cost of Revenue00000000000000000000
Cost of Revenue, Non-Cash00000000000000000000
Gross Profit00000000000000000000
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pie_chartTextron Inc. Balance Sheet

BALANCE DATE12/31/202212/31/202112/31/202012/31/201812/31/2017
Cash and EquivalentsN/AN/AN/AN/A1,262.0
Short-Term Investments00000000000000000000
Derivative Assets, Current00000000000000000000
Restricted Cash and Investments00000000000000000000
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pie_chartTextron Inc. Cash Flow

BALANCE DATE12/31/202212/31/202112/31/202012/31/201812/31/2017
Net IncomeN/A309.0815.01,222.0307.0
Income (Loss) From Discontinued Operations00000000000000000000
Depreciation, Depletion and Amortization00000000000000000000
Amortization of Financing Costs and Discounts00000000000000000000
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