TEXTRON INC (TXT)

Aircraft & Parts

Latest Price

$85.26

TTM P/E

Normalized P/E

21.04

Div Yield

0.07%

Book Value

45.84

P/B Ratio

1.86

Valuation metrics

EPS: $5.11

Book value / share: $45.18

Formula: √(22.5 × EPS × BVPS)

Graham Number

$72.07

15% downside

Norm. op. income: $1.1B (median of 6yr)

Tax rate: 15%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$62.80

26% downside

Base FCF: $864M (median of recent 5yr)

Growth: -15%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$32.73

62% downside

EPS: $5.11

Target P/E: 21×

Formula: EPS × P/E

P/E Fair Value

$107.31

+26% upside

84.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	15.66M	$1.37B	9.01%	-163.3K	2026-03-31
FMR LLC	11.40M	$998.0M	6.56%	+2.72M	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	11.34M	$992.0M	6.52%	--	2026-03-31
STATE STREET CORP	9.74M	$853.0M	5.60%	+280.0K	2026-03-31
Invesco Ltd.	8.01M	$701.0M	4.61%	-31.0K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	7.48M	$655.0M	4.31%	--	2026-03-31
Boston Partners	5.72M	$501.0M	3.29%	-1.51M	2026-03-31
AQR CAPITAL MANAGEMENT LLC	5.63M	$487.0M	3.24%	+276.1K	2026-03-31
T. Rowe Price Investment Management, Inc.	5.18M	$453.0M	2.98%	+543.1K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	4.97M	$445.0M	2.86%	+410.3K	2026-03-31