Meridian
Universe

TXT · CIK 0000217346 · FY2025 live · 2025-12-31

TEXTRON INC

DistressSEC 10-KClassic ZIndustrials51st percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

1.72

Zone

Distress

Prior

Market DD

1y PD

1.72

Z″ 1.85

−21.83.08+

Score 1.72 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.00
    1.2 × = 0.00
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.32
    1.4 × = 0.45
  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    0.00
    3.3 × = 0.00
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    0.77
    0.6 × = 0.46
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.82
    1 × = 0.82

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.

Overview

rule-v1

TEXTRON INC is on classic Z at 1.72 (distress) for FY2025, from an SEC 10-K. Sales / assets is the line that sets the print; book equity / liabilities is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.

Book screen Distress; market PD —. Tape not priced — not a single default call.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 51st percentile in Industrials.

KPI widgets

Current assets

$0

Total assets

$18.1B

Current liabilities

$0

Total liabilities

$10.3B

Working capital

$0

Retained earnings

$5.8B

EBIT

$0

Total sales

$14.8B

Book equity

$7.9B

Accession 0000217346-26-000006. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.