Textron Inc (TXT)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 1,040,000 | 1,040,000 | 1,164,000 | 1,123,000 | 1,015,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 7,875,000 | 7,204,000 | 6,987,000 | 7,113,000 | 6,815,000 |
| Return on total capital | 13.21% | 14.44% | 16.66% | 15.79% | 14.89% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $1,040,000K ÷ ($—K + $7,875,000K)
= 13.21%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Textron Inc
TXT
13.21%
GE Aerospace
GE
58.06%
General Dynamics Corporation
GD
21.14%
Hexcel Corporation
HXL
—
L3Harris Technologies Inc
LHX
12.88%
Lockheed Martin Corporation
LMT
104.75%
Northrop Grumman Corporation
NOC
34.38%
Raytheon Technologies Corp
RTX
16.19%
The Boeing Company
BA
99.12%
Transdigm Group Incorporated
TDG
—
Woodward Inc
WWD
22.10%