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TXT (Textron) Shares Outstanding (EOP) : 186 Mil (As of Sep. 2024)


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What is Textron Shares Outstanding (EOP)?

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Textron's shares outstanding for the quarter that ended in Sep. 2024 was 186 Mil.

Textron's quarterly shares outstanding declined from Jun. 2024 (187 Mil) to Sep. 2024 (186 Mil). It means Textron bought back shares from Jun. 2024 to Sep. 2024 .

Textron's annual shares outstanding declined from Dec. 2022 (206 Mil) to Dec. 2023 (193 Mil). It means Textron bought back shares from Dec. 2022 to Dec. 2023 .


Textron Shares Outstanding (EOP) Historical Data

The historical data trend for Textron's Shares Outstanding (EOP) 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.

* Premium members only.

Textron Shares Outstanding (EOP) Chart

Textron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shares Outstanding (EOP)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 228.00 226.40 216.90 206.20 192.90

Textron Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 196.19 192.90 191.10 187.50 185.51

Competitive Comparison of Textron's Shares Outstanding (EOP)

For the Aerospace & Defense subindustry, Textron's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) 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's Shares Outstanding (EOP) Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Textron's Shares Outstanding (EOP) falls into.



Textron Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.


Textron  (NYSE:TXT) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Textron Shares Outstanding (EOP) Related Terms

Thank you for viewing the detailed overview of Textron's Shares Outstanding (EOP) provided by GuruFocus.com. Please click on the following links to see related term pages.


Textron Business Description

Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. Textron Aviation 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, which 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.
Executives
Kathleen M Bader director 2030 DOW CENTER, MIDLAND MI 49640
E Robert Lupone officer: EVP, General Counsel and Secy 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Mark S Bamford officer: VP and Corporate Controller 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Scott C Donnelly officer: Executive VP and COO
Frank T Connor officer: Executive VP and CFO 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Julie G Duffy officer: Executive VP - Human Resources 40 WESTMINSTER STREET, PROVIDENCE RI 02903
R Kerry Clark director C/O THE PROCTER & GAMBLE COMPANY, ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
Michael X Garrett director 6521 CHIPSTEAD LANE, CHARLOTTE NC 28277
Thomas A Kennedy director 870 WINTER STREET, WALTHAM MA 02451
Richard F Ambrose director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Nowell Lionel L Iii director 401 NORTH MAIN STREET, WINSTON-SALEM NC 27101
Deborah L James director 1710 SAIC DRIVE, MCLEAN VA 22102
Ralph D Heath director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Maria T Zuber director 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Cheryl H Johnson officer: Executive VP, Human Resources 40 WESTMINSTER STREET, PROVIDENCE RI 02903