Textron Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.98B | $14.21B | $13.79B | $13.42B | $13.88B | $12.10B | $12.24B | $11.31B |
| Textron Aviation / Cessna | $4.98B | $4.69B | $4.89B | $4.85B | $4.58B | $2.78B | $3.09B | $2.99B |
| Bell | $3.18B | $3.31B | $3.24B | $3.45B | $4.24B | $4.51B | $4.26B | $3.51B |
| Textron Systems | $1.35B | $1.47B | $1.56B | $1.51B | $1.56B | $1.76B | $1.74B | $1.74B |
| Industrial | $4.39B | $4.67B | $4.01B | $3.50B | $3.37B | $2.95B | $2.93B | $2.84B |
| Finance | $83.0M | $74.0M | $91.0M | $112.0M | $120.0M | $100.0M | $223.0M | $235.0M |
| Cost of Revenue | $11.59B | $11.83B | $11.34B | $11.42B | — | $10.13B | $10.02B | $9.31B |
| Gross Profit | $2.38B | $2.38B | $2.45B | $2.00B | — | $1.97B | $2.22B | $2.00B |
| Gross Margin | 17.1% | 16.8% | 17.8% | 14.9% | — | 16.3% | 18.2% | 17.7% |
| Operating Expenses | ||||||||
| Research & Development | $643.0M | $634.0M | $677.0M | $694.0M | — | $651.0M | $584.0M | $525.0M |
| SG&A Expense | $1.28B | $1.33B | $1.32B | $1.36B | — | $1.13B | $1.17B | $1.20B |
| Operating Income | $1.55B | $936.0M | $1.05B | $1.04B | — | $847.0M | $1.05B | $583.0M |
| Operating Margin | 11.1% | 6.6% | 7.6% | 7.8% | — | 7.0% | 8.6% | 5.2% |
| Interest Expense | $166.0M | $174.0M | $174.0M | $191.0M | — | $173.0M | $212.0M | $246.0M |
| Pretax Income | $1.38B | $762.0M | $876.0M | $853.0M | — | $674.0M | $841.0M | $337.0M |
| Income Tax Expense | $162.0M | $456.0M | $33.0M | $248.0M | — | $176.0M | $260.0M | $95.0M |
| Net Income | $1.22B | $307.0M | $962.0M | $600.0M | — | $498.0M | $589.0M | $242.0M |
| Net Margin | 8.7% | 2.2% | 7.0% | 4.5% | — | 4.1% | 4.8% | 2.1% |
| EPS (Basic) | $4.88 | $1.15 | $3.55 | $2.15 | — | $1.78 | $2.10 | $0.87 |
| EPS (Diluted) | $4.83 | $1.14 | $3.53 | $2.13 | — | $1.75 | $2.00 | $0.79 |
| Shares Outstanding (Basic) | 250.2M | 266.4M | 270.8M | 279.4M | 282.5M | 279.3M | 280.2M | 277.7M |
| Shares Outstanding (Diluted) | 253.2M | 268.8M | 272.4M | 281.8M | 282.5M | 284.4M | 294.7M | 307.3M |
| Dividends Per Share | $0.08 | $0.08 | $0.08 | $0.08 | — | $0.08 | $0.08 | $0.08 |