The current PE ratio for Textron stock as of Jul 25, 2024 is 19.3. This is calculated based on the current EPS of $4.73 and the stock price of $91.29 per share. The P/E ratio marks an increase of 11% from the past four quarters average of 17.4.
The average historical PE ratio of Textron for the last ten years is 19.51. The current PE ratio of 19.3 is comparable to 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.
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's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
Compared to its peers GD and AVAV, TXT's PE ratio stands lower, however it is higher than LMT's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| LMT Lockheed Martin Corp | 18.98 | $125.09B |
| TXT Textron Inc | 19.46 | $17.56B |
| GD General Dynamics Corp | 22.37 | $79.8B |
| AIR Aar Corp | 51.25 | $2.38B |
| AVAV AeroVironment Inc | 79.37 | $4.89B |
| BA Boeing Co | N/A | $114.73B |
| SPR Spirit AeroSystems Holdings Inc | N/A | $4.15B |
The price to earnings ratio for TXT stock is 19.3 as of Jul 25, 2024.
Over the last 3 years, the average price to earnings ratio for TXT stock is 18.28.
Over the last 5 years, the average price to earnings ratio for TXT stock is 19.67.
The highest quarterly PE ratio in the last ten years has been 49.21 and it was in the Dec 2017 quarter.
The current price to earnings ratio of TXT is 1.1% lower than the 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Textron's stock price is $91.29. 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 19.3. PE RATIO(19.3) = STOCK PRICE($91.29) / TTM EPS($4.73)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.