Question 1

What is Textron's P/E ratio?

Accepted Answer

Textron (TXT) P/E ratio is 17.3× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Textron?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Textron specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

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

Accepted Answer

Textron's P/E ratio of 17.3× is below its own 5-year average of 18.3× and below the sector median of 27.8×. That places the current reading at the 35th 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/E ratio range?

Accepted Answer

In the available daily series, Textron (TXT) P/E ratio has ranged from a low of 7.3× in 2008 to a high of 293.7× in 2010. The 5-year average is 18.3× and the 5-year median is 17.5×.

Question 7

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

Accepted Answer

Textron (TXT) P/E ratio at the end of 2026 was 17.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$15.7B	$921M	17.0×	—	Jan 3, 2026
2024	$14.3B	$824M	17.4×	+0.3×	Dec 28, 2024
2023	$15.8B	$921M	17.1×	-0.3×	Dec 31, 2023
2022	$15B	$861M	17.4×	-5.0×	Dec 31, 2022
2021	$16.7B	$746M	22.4×	-13.0×	Dec 31, 2021
2020	$10.9B	$309M	35.4×	+22.9×	Dec 31, 2020
2019	$10.2B	$815M	12.5×	+3.3×	Dec 31, 2019
2018	$11.2B	$1.22B	9.1×	-39.1×	Dec 31, 2018
2017	$14.8B	$307M	48.2×	+34.6×	Dec 31, 2017
2016	$13.1B	$962M	13.6×	-2.9×	Dec 31, 2016
2015	$11.5B	$697M	16.5×	-2.9×	Dec 31, 2015
2014	$11.6B	$600M	19.4×	-1.4×	Dec 31, 2014
2013	$10.4B	$498M	20.8×	+9.4×	Dec 31, 2013
2012	$6.73B	$589M	11.4×	-10.7×	Dec 31, 2012
2011	$5.36B	$242M	22.1×	-53.4×	Dec 31, 2011
2010	$6.49B	$86M	75.5×	—	Dec 31, 2010
2009	$5.04B	-$31M	—	—	Dec 31, 2009
2008	$3.54B	$486M	7.3×	-12.1×	Dec 31, 2008
2007	$17.8B	$917M	19.4×	-0.4×	Dec 31, 2007
2006	$11.9B	$601M	19.8×	-30.7×	Dec 31, 2006
2005	$10.3B	$203M	50.5×	+23.0×	Dec 31, 2005
2004	$10.1B	$365M	27.5×	-2.4×	Dec 31, 2004
2003	$7.75B	$259M	29.9×	+13.6×	Dec 31, 2003
2002	$5.95B	$364M	16.3×	—	Dec 31, 2002


General Dynamics (GD)	21.9×
Pentair (PNR)	21.1×
Lennox International (LII)	20.6×
Copart (CPRT)	20.4×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Andersons (ANDE)	19.0×
Carlisle Companies (CSL)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
FedEx (FDX)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
Honeywell International (HON)	17.5×
A. O. Smith (AOS)	17.4×
Northrop Grumman (NOC)	16.1×
United Parcel Service (UPS)	15.9×
Delta Air Lines (DAL)	15.5×
ABM Industries (ABM)	15.2×
Masco (MAS)	14.6×
Upwork (UPWK)	12.9×
United Airlines Holdings (UAL)	12.7×
AGCO (AGCO)	10.9×

P/E Ratio for Textron (TXT) 2002-2026

P/E Ratio daily chart for Textron (TXT)

Historical P/E Ratio for Textron (TXT) from 2002 to 2026

About P/E Ratio at Textron (TXT)

Textron P/E Ratio by Year

Textron P/E Ratio 2026: 17.0×

Textron P/E Ratio 2024: 17.4×

Textron P/E Ratio 2023: 17.1×

Textron P/E Ratio 2022: 17.4×

Textron P/E Ratio 2021: 22.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Textron (TXT) Key Financials