Question 1

What is Textron's P/FCF ratio?

Accepted Answer

Textron (TXT) P/FCF ratio is 22.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Textron?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Textron specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is Textron's P/FCF ratio high or low?

Accepted Answer

Textron's P/FCF ratio of 22.7× is above its own 5-year average of 19.6× and below the sector median of 24.3×. That places the current reading at the 65th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Textron's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Textron (TXT) P/FCF ratio has ranged from a low of 4.1× in 2010 to a high of 36.6× in 2022. The 5-year average is 19.6× and the 5-year median is 19.3×.

Question 7

What was Textron's P/FCF ratio in 2026?

Accepted Answer

Textron (TXT) P/FCF ratio at the end of 2026 was 20.2×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Textron's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$15.69B	$777.00M	20.2×	—	Jan 3, 2026
2024	$14.32B	$864.00M	16.6×	+2.7×	Dec 28, 2024
2023	$15.77B	$1.13B	13.9×	+1.6×	Dec 31, 2023
2022	$15.01B	$1.22B	12.3×	-24.9×	Dec 31, 2022
2021	$16.74B	$451.00M	37.1×	+20.9×	Dec 31, 2021
2020	$10.94B	$675.00M	16.2×	+2.4×	Dec 31, 2020
2019	$10.17B	$738.00M	13.8×	-2.9×	Dec 31, 2019
2018	$11.16B	$668.00M	16.7×	-11.0×	Dec 31, 2018
2017	$14.80B	$535.00M	27.7×	+4.5×	Dec 31, 2017
2016	$13.13B	$567.00M	23.1×	+6.1×	Dec 31, 2016
2015	$11.52B	$674.00M	17.1×	+2.2×	Dec 31, 2015
2014	$11.65B	$782.00M	14.9×	-13.2×	Dec 31, 2014
2013	$10.37B	$369.00M	28.1×	+13.3×	Dec 31, 2013
2012	$6.73B	$455.00M	14.8×	+6.4×	Dec 31, 2012
2011	$5.36B	$640.00M	8.4×	-0.7×	Dec 31, 2011
2010	$6.49B	$713.00M	9.1×	-0.1×	Dec 31, 2010
2009	$5.04B	$549.00M	9.2×	-8.5×	Dec 31, 2009
2008	$3.54B	$200.00M	17.7×	-9.8×	Dec 31, 2008
2007	$17.79B	$648.00M	27.5×	+5.4×	Dec 31, 2007
2006	$11.89B	$538.00M	22.1×	+6.8×	Dec 31, 2006
2005	$10.26B	$671.00M	15.3×	-0.3×	Dec 31, 2005
2004	$10.05B	$647.00M	15.5×	+1.4×	Dec 31, 2004
2003	$7.75B	$547.00M	14.2×	-0.8×	Dec 31, 2003
2002	$5.95B	$398.00M	14.9×	+2.0×	Dec 31, 2002
2001	$5.85B	$451.00M	13.0×	—	Dec 31, 2001


Alamo Group (ALG)	18.0×
Otis Worldwide (OTIS)	17.9×
Fortive (FTV)	17.9×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
FedEx (FDX)	17.3×
Norfolk Southern (NSC)	16.9×
Gorman-Rupp (GRC)	16.2×
Automatic Data Processing (ADP)	15.8×
Paychex (PAYX)	15.6×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	11.1×
Builders FirstSource (BLDR)	10.5×
United Airlines Holdings (UAL)	9.4×
Gartner (IT)	8.8×
ABM Industries (ABM)	7.2×
Versant Media Group, Inc. Class A (VSNT)	2.7×

P/FCF Ratio for Textron (TXT)

P/FCF Ratio daily chart for Textron (TXT)

Historical P/FCF Ratio for Textron (TXT) from 2001 to 2026

About P/FCF Ratio at Textron (TXT)

Textron P/FCF Ratio by Year

Textron P/FCF Ratio 2026: 20.2×

Textron P/FCF Ratio 2024: 16.6×

Textron P/FCF Ratio 2023: 13.9×

Textron P/FCF Ratio 2022: 12.3×

Textron P/FCF Ratio 2021: 37.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Textron (TXT) Key Financials

P/FCF Ratio daily chart for Textron (TXT)

Historical P/FCF Ratio for Textron (TXT) from 2001 to 2026

About P/FCF Ratio at Textron (TXT)

Textron P/FCF Ratio by Year

Textron P/FCF Ratio 2026: 20.2×

Textron P/FCF Ratio 2024: 16.6×

Textron P/FCF Ratio 2023: 13.9×

Textron P/FCF Ratio 2022: 12.3×

Textron P/FCF Ratio 2021: 37.1×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Textron's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Textron?

+Is Textron's P/FCF ratio high or low?

+What is Textron's historical P/FCF ratio range?

+What was Textron's P/FCF ratio in 2026?

+Why does Textron's P/FCF ratio change over time?

Textron (TXT) Key Financials