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Textron TXT Net debt / EBITDA

Net debt / EBITDA at other companies

Boeing logo
BoeingBA
7.3×
General Dynamics logo
General DynamicsGD
-0.8×
Lockheed Martin logo
Lockheed MartinLMT
2.1×+0.4×
TransDigm Group logo
TransDigm GroupTDG
5.8×+0.4×
Honeywell International logo
Honeywell InternationalHON
3.7×+0.5×
Barnes Group logo
Barnes GroupB
4.5×-2.1×

Other financials

Income statement

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Revenue$3.7B+11.8%
Net income$220.0M+6.3%
EPS (diluted)$1.25+10.6%

Balance sheet

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Cash & equivalents$1.6B+29.3%
Total debt$437.0M-6.2%
Total equity$8.0B+10.0%
Total assets$18.1B+7.1%

Cash flow

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Operating cash flow-$117.0M+5.7%
CapEx$133.0M+138%
Free cash flow-$250.0M-38.9%

Valuation

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Market cap$16.12B+36.2%
Enterprise value$14.94B+35.3%
P/E17.3×+3.0×
P/S1.1×+0.2×

Profitability

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Gross margin16.2%
Net margin6.1%+0.2pp

Returns & leverage

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Return on equity12.2%+0.5pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Textron’s reported figures.

Based on the most recent quarter.

The official record: Textron’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Textron's net debt / EBITDA?
Textron (TXT) reported net debt / EBITDA of -0.7× in Q1 2026.
How has Textron's net debt / EBITDA changed year-over-year?
Textron's net debt / EBITDA decreased by 28.0% year-over-year, from -0.6× to -0.7×.
What is the long-term trend for Textron's net debt / EBITDA?
Over 4 years (2021 to 2025), Textron's net debt / EBITDA has grown at a -14.4% compound annual growth rate (CAGR), from -5.7× to -3×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.