TXT Textron PE ratio, current and historical analysis
The current PE ratio for Textron stock as of Nov 21, 2024 is 18.17. This is calculated based on the current EPS of $4.62 and the stock price of $83.96 per share. The P/E ratio has a decrease of 2.6% from the past four quarters average of 18.7.
TXT PE ratio history
The average historical PE ratio of Textron for the last ten years is 19.48. The current PE ratio of 18.17 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.
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
TXT's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
TXT PE vs peers
Compared to its peer stocks LMT and GD, TXT's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TXT Textron Inc | 18.17 | $15.58B |
| LMT Lockheed Martin Corp | 19.55 | $128.48B |
| GD General Dynamics Corp | 21.05 | $76.97B |
| AIR Aar Corp | 37.27 | $2.44B |
| AVAV AeroVironment Inc | 91.63 | $5.48B |
| BA Boeing Co | N/A | $88.66B |
| SPR Spirit AeroSystems Holdings Inc | N/A | $3.67B |
Frequently asked questions
What is Textron's PE ratio?
The price to earnings ratio for TXT stock is 18.17 as of Nov 21, 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 18.11.
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 19.86.
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 (Nov 21, 2024), Textron's stock price is $83.96. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.62. Therefore, Textron's P/E ratio for today is 18.17. PE RATIO(18.17) = STOCK PRICE($83.96) / TTM EPS($4.62)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.