Textron Inc. - S&P Global Ratings’ Credit Research

Textron Inc.

Textron Inc. - S&P Global Ratings’ Credit Research
Textron Inc.
Published Jan 17, 2018
12 pages (4364 words) — Published Jan 17, 2018
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Leading positions in key markets Good diversity of commercial aerospace, military, and industrial products Operates in the weak, but stabilizing, business jet and commercial helicopter markets Restructuring efforts will likely modestly improve profit margins Credit ratios likely deteriorated somewhat in 2017, due to weaker earnings and a debt-financed pension contribution, but should improve modestly going forward Nearly all free cash flow will likely be used for share repurchases and acquisitions, with further debt reduction unlikely Strong liquidity position S&P Global Ratings' stable outlook on Textron Inc. reflects our expectation that the company's credit metrics will remain appropriate for the rating and improve in 2018 after moderating somewhat in 2017 due to lower earnings and increased debt to fund acquisitions and

  
Brief Excerpt:

...Credit ratios likely deteriorated somewhat in 2017, due to weaker earnings and a debt-financed pension contribution, but should improve modestly going forward...

  
Report Type:

Full Report

Ticker
Issuer
GICS
Aerospace & Defense (20101010)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Textron Inc." Jan 17, 2018. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Textron-Inc-1981837>
  
APA:
S&P Global Ratings’ Credit Research. (). Textron Inc. Jan 17, 2018. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Textron-Inc-1981837>
  
US$ 500.00
$  £  €
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