Textron (TXT) Tax Rate (2009 - 2026)
Textron (TXT) posted quarterly Tax Rate of 17.6% for Q2 2026, up 350.0% year-over-year from 3.91% in Q2 2025, and up 14.21% on a QoQ basis from 15.41% in Q1 2026.
Textron (TXT) Tax Rate (2009 - 2026) Analysis & Trends
Textron (TXT) has reported Tax Rate for 18 consecutive years, with 17.6% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate rose 350.0% year-over-year to 17.6%; the TTM figure through Apr 2026 stood at 19.52% (up 727.0% YoY), while the FY2026 annual figure was 18.82%, up 631.0% from the prior year.
- Tax Rate came in at 17.6% for Q2 2026 at Textron, up from 15.41% 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 14.75%, with a median of 15.41% recorded in 2026.
- Across the five-year window, Tax Rate plunged 2111 bps in 2024 and jumped 2305 bps in 2026, its largest moves.
- Year by year, Tax Rate stood at 12.06% in 2022, then advanced by 12 bps to 13.48% in 2023, then plunged by 157 bps to 7.63% in 2024, then jumped by 436 bps to 25.63% in 2025, then sank by 31 bps to 17.6% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 17.6%, 15.41%, and 25.63% for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 126.92% |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 14.40% |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 17.82% |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 16.12% |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 18.08% |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 23.43% |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 15.05% |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 3.83% |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 13.07% |
| 10 | Textron | 2.02 Bn | 513.02 Mn | 267.00 Mn | 17.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 17.60% |
| Apr 4, 2026 | 17.60% |
| Jan 3, 2026 | 15.41% |
| Jan 3, 2026 | 15.41% |
| Sep 27, 2025 | 25.63% |
| Sep 27, 2025 | 25.63% |
| Jun 28, 2025 | 18.60% |
| Jun 28, 2025 | 18.60% |
| Mar 29, 2025 | 14.11% |
| Mar 29, 2025 | 14.11% |
| Dec 28, 2024 | -7.63% |
| Dec 28, 2024 | -7.63% |
| Sep 28, 2024 | 11.51% |
| Sep 28, 2024 | 11.51% |
| Jun 29, 2024 | 19.50% |
| Jun 29, 2024 | 19.50% |
| Mar 30, 2024 | 15.19% |
| Mar 30, 2024 | 15.19% |
| Dec 30, 2023 | 13.48% |
| Dec 30, 2023 | 13.48% |