Q4 2022 Earnings Call Presentation

January 25th, 2023

The data in this package should be read in conjunction with the Textron earnings release and accompanying tables.

Forward-Looking Information

Certain statements in this package and other oral and written statements made by Textron from time to time are forward-looking statements, including those that discuss strategies, goals, outlook or other non-historical matters; or project revenues, income, returns or other financial measures. These forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These forward- looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those contained in the statements, including the risks and uncertainties set forth under "Forward-Looking Information" in our fourth quarter 2022 earnings release. Additional information on risks and uncertainties that may impact forward-looking statements is discussed under "Risk Factors" in our most recent Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.

Textron Inc. Q4 2022 Earnings Call Presentation; January 25, 2023

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Key Data - Q4 2022

Revenues

Segment Profit

EPS

Adjusted EPS

Manufacturing Cash Flow

Before Pension Contributions

Pension Contributions

Q4 2022

Q4 2021

$ 3.6B

$ 3.3B

$ 317M

$ 310M

$ 1.07

$ 0.93

N/A

$ 0.94

$ 368M

$ 298M

$ 13M

$ 12M

  1. Adjusted EPS and Manufacturing cash flow before pension contributions are non-GAAP measures that are defined and reconciled to GAAP in our earnings release.

Textron Inc. Q4 2022 Earnings Call Presentation; January 25, 2023

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Key Data - Full Year 2022

Revenues

Segment Profit

EPS

Manufacturing Cash Flow

Before Pension Contributions

Pension Contributions

Full-Year 2022

Full-Year 2021

$ 12.9B

$ 12.4B

$ 1,223M

$ 1,134M

$ 4.01

$ 3.30

$ 1,178M

$ 1,149M

$ 49M

$ 52M

  1. Manufacturing cash flow before pension contributions is a non-GAAP measure that is defined and reconciled to GAAP in our earnings release.

Textron Inc. Q4 2022 Earnings Call Presentation; January 25, 2023

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Q4 2022 Revenue Growth

Revenue

Acquisition

Organic

FX Impact

Organic

Growth

Growth

Impact

Growth

Un(Fav)

Before FX

Textron Aviation

16.4%

-

16.4%

-

16.4%

Bell

(4.9%)

-

(4.9%)

-

(4.9%)

Textron Systems

0.3%

-

0.3%

-

0.3%

Industrial

16.1%

-

16.1%

3.6%

19.7%

Textron eAviation

0.2%

(100%)

-

-

-

Manufacturing

9.5%

(0.2%)

9.3%

0.8%

10.1%

Finance

-

-

-

-

-

Total Segments

9.5%

(0.2%)

9.3%

0.8%

10.1%

Organic Growth includes revenue changes resulting from volume, price, and foreign exchange as compared to the corresponding period in the prior year. For our segments that contract with the U.S. Government, volume represents changes in revenue related to these contracts.

  1. The eAviation revenue growth % reflects its revenue increase as a percentage of total manufacturing revenues, as the segment was formed in Q2 2022 and does not have corresponding Q4 2021 revenues

Textron Inc. Q4 2022 Earnings Call Presentation; January 25, 2023

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Textron Inc. published this content on 25 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2023 11:47:08 UTC.