Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Textron's share price for the quarter that ended in Dec. 2023 was $80.42. Textron's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 193 Mil. Therefore, Textron's market cap for the quarter that ended in Dec. 2023 was $15,513 Mil.
Textron's quarterly market cap
increased
from Jun. 2023 ($13,406 Mil) to Sep. 2023 ($15,330 Mil) and
increased
from Sep. 2023 ($15,330 Mil) to Dec. 2023 ($15,513 Mil).
Textron's annual market cap
declined
from Dec. 2021 ($16,745 Mil) to Dec. 2022 ($14,599 Mil) but then
increased
from Dec. 2022 ($14,599 Mil) to Dec. 2023 ($15,513 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Textron's Enterprise Value for Today is $19,733 Mil.
Textron Market Cap Historical Data
The historical data trend for Textron's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Aerospace & Defense subindustry, Textron's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Textron Market Cap Distribution
For the Aerospace & Defense industry and Industrials sector, Textron's Market Cap distribution charts can be found below:
* The bar in red indicates where Textron's Market Cap falls into.
Textron Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Textron's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Textron (NYSE:TXT) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Textron Market Cap Related Terms
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Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.
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