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TXT Textron PE ratio, current and historical analysis

The current PE ratio for Textron stock as of Jun 20, 2024 is 18.24. This is calculated based on the current EPS of $4.73 and the stock price of $86.26 per share. The P/E ratio marks an increase of 4.5% from the past four quarters average of 17.4.

TXT PE ratio history

How has TXT's PE ratio performed in the past

The average historical PE ratio of Textron for the last ten years is 19.57. The current PE ratio of 18.24 is 7% below the historical average. Over the past ten years, TXT's PE ratio was at its highest in the Dec 2017 quarter at 49.21, when the stock price was $56.59 and the EPS was $1.15. The lowest value was in the Apr 2020 quarter, when it reached 8.31 with a price of $24.85 and an EPS of $2.99.

Average
19.57
Median
17.46
Minimum
8.31
Maximum
49.21

Textron PE ratio by year

Maximum annual increase: 259.72% in 2017

Maximum annual decrease: -81% in 2018

Year PE ratio Change
2023 17.44 -0.23%
2022 17.48 -24.59%
2022 23.18 -35.25%
2021 35.8 181.67%
2020 12.71 35.94%
2018 9.35 -81%
2017 49.21 259.72%
2016 13.68 -17.94%
2016 16.67 -14.99%
2015 19.61 -4.67%

TXT average PE ratio chart

What is the average PE ratio of TXT for the past years

TXT's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
18.62
5-year avg
19.21
10-year avg
19.57
15-year avg
29.23

TXT PE vs peers

What is TXT's PE ratio compared to its peers

Compared to its peers GD and AIR, TXT's PE ratio stands lower, however it is higher than LMT's.

Stock name PE ratio Market cap
LMT Lockheed Martin Corp 17.05 $112.2B
TXT Textron Inc 18.34 $16.54B
GD General Dynamics Corp 24.05 $81.83B
AIR Aar Corp 41.76 $2.51B
BA Boeing Co N/A $108.39B
SPR Spirit AeroSystems Holdings Inc N/A $3.91B
AVAV AeroVironment Inc N/A $5.33B

Frequently asked questions

What is Textron's PE ratio?

The price to earnings ratio for TXT stock is 18.24 as of Jun 20, 2024.

What is the 3-year average PE ratio for Textron (TXT)?

Over the last 3 years, the average price to earnings ratio for TXT stock is 18.62.

What is the 5-year average PE ratio for Textron (TXT)?

Over the last 5 years, the average price to earnings ratio for TXT stock is 19.21.

What is the highest PE ratio for TXT?

The highest quarterly PE ratio in the last ten years has been 49.21 and it was in the Dec 2017 quarter.

How does the current PE ratio for TXT compare to its historical average?

The current price to earnings ratio of TXT is 7% lower than the 10-year historical average.

How is TXT's PE ratio calculated (Textron PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 20, 2024), Textron's stock price is $86.26. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.73. Therefore, Textron's P/E ratio for today is 18.24. PE RATIO(18.24) = STOCK PRICE($86.26) / TTM EPS($4.73)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.