Textron (TXT) Tax Rate (2009 - 2026)
Textron (TXT) posted Tax Rate of 18.42% for Q3 2026, up 4.65% on a QoQ basis from 17.6% in Q2 2026, and down 18.0% year-over-year from 22.46% in Q3 2025.
Analysis
Textron (TXT) Tax Rate (2009 - 2026) Analysis & Trends
Textron has reported Tax Rate for 18 years, with the latest figure at 18.42% in Q3 2026.
- On a quarterly basis, Tax Rate fell 18.0% year-over-year to 18.42% in Q3 2026; TTM through Jul 2026 was 19.47%, a 768.0% increase from a year earlier, with the FY2026 full-year figure at 18.82%, up 631.0% from the prior year.
- Tax Rate was 18.42% for Q3 2026 at Textron, up from 17.6% in the prior quarter.
- The five-year high for Tax Rate was 25.63% in Q3 2025, with the low at 7.63% in Q4 2024.
- Average Tax Rate over 5 years is 14.95%, with a median of 15.64% recorded in 2026.
- The sharpest annual moves came in 2024 and 2026: Tax Rate slumped 2111 bps in 2024, then surged 2305 bps in 2026.
- Over 5 years, Tax Rate stood at 12.06% in 2022, then rose by 12 bps to 13.48% in 2023, then slumped by 157 bps to 7.63% in 2024, then surged by 436 bps to 25.63% in 2025, then declined by 28 bps to 18.42% in 2026.
- The last three Tax Rate figures came in at 18.42% (Q3 2026), 17.6% (Q2 2026), and 15.41% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Rtx | 266.41 Bn | 259.85 Bn | 9.91 Bn | 17.98% |
| 2 | Boeing | 166.24 Bn | 146.23 Bn | 2.41 Bn | -17.26% |
| 3 | Howmet Aerospace | 91.80 Bn | 91.23 Bn | 951.00 Mn | 17.72% |
| 4 | Honeywell International | 64.14 Bn | 55.26 Bn | 3.65 Bn | 20.96% |
| 5 | TransDigm | 63.03 Bn | 60.34 Bn | 1.63 Bn | 24.26% |
| 6 | Heico | 44.15 Bn | 44.53 Bn | 580.99 Mn | 20.62% |
| 7 | AerCap Holdings | 23.61 Bn | 23.61 Bn | - | -15.48% |
| 8 | Woodward | 19.91 Bn | 19.44 Bn | 349.91 Mn | 24.20% |
| 9 | FTAI Aviation | 19.09 Bn | 18.76 Bn | 317.30 Mn | 17.00% |
| 10 | Textron | 13.92 Bn | 12.49 Bn | 304.00 Mn | 18.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 18.42% |
| Apr 4, 2026 | 17.60% |
| Jan 3, 2026 | 15.41% |
| Sep 27, 2025 | 25.63% |
| Jun 28, 2025 | 18.60% |
| Mar 29, 2025 | 14.11% |
| Dec 28, 2024 | -7.63% |
| Sep 28, 2024 | 11.51% |
| Jun 29, 2024 | 19.50% |
| Mar 30, 2024 | 15.19% |
| Dec 30, 2023 | 13.48% |
| Sep 30, 2023 | 10.63% |
| Jul 1, 2023 | 20.06% |
| Apr 1, 2023 | 15.86% |
| Dec 31, 2022 | 12.06% |
| Oct 1, 2022 | 14.77% |
| Jul 2, 2022 | 17.11% |
| Apr 2, 2022 | 16.81% |
| Oct 2, 2021 | 15.14% |
| Jul 3, 2021 | 15.60% |