DCO vs. TXT

Last updated Jun 3, 2026

DCO (Ducommun Incorporated) and TXT (Textron Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, DCO returned 24.15%/yr vs 8.81%/yr for TXT. At a 0.26 correlation, their price movements are largely independent.

Performance

DCO vs. TXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ducommun Incorporated (DCO) and Textron Inc. (TXT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DCO achieves a 57.95% return, which is significantly higher than TXT's 4.84% return. Over the past 10 years, DCO has outperformed TXT with an annualized return of 24.15%, while TXT has yielded a comparatively lower 8.81% annualized return.

DCO

• 1D: 1.10%
• 1M: 6.39%
• YTD: 57.95%
• 6M: 66.79%
• 1Y: 113.92%
• 3Y*: 51.29%
• 5Y*: 23.26%
• 10Y*: 24.15%

TXT

• 1D: 1.99%
• 1M: -3.54%
• YTD: 4.84%
• 6M: 10.90%
• 1Y: 24.38%
• 3Y*: 12.68%
• 5Y*: 6.15%
• 10Y*: 8.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DCO vs. TXT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DCO Ducommun Incorporated	57.95%	49.43%	22.28%	4.20%	6.82%	-12.91%	6.27%	39.12%	27.66%	11.31%
TXT Textron Inc.	4.84%	14.08%	-4.80%	13.71%	-7.87%	59.93%	8.60%	-2.86%	-18.62%	16.72%

Correlation

The correlation between DCO and TXT is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.49
Correlation (All Time) Calculated using the full available price history since Oct 25, 1984	0.26

The correlation between DCO and TXT shifts across timeframes, from 0.26 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap DCO : $2.34B TXT : $16.10B
EPS DCO : -$2.27 TXT : $5.23
PS Ratio DCO : 2.72 TXT : 1.07
PB Ratio DCO : 3.50 TXT : 2.01
Total Revenue (TTM) DCO : $839.64M TXT : $15.19B
Gross Profit (TTM) DCO : $226.25M TXT : $2.19B
EBITDA (TTM) DCO : $11.47M TXT : $1.61B

Return for Risk

DCO vs. TXT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DCO

DCO Risk / Return Rank: 94
DCO Sharpe Ratio Rank: 95
DCO Sortino Ratio Rank: 92
DCO Omega Ratio Rank: 92
DCO Calmar Ratio Rank: 95
DCO Martin Ratio Rank: 95

TXT

TXT Risk / Return Rank: 67
TXT Sharpe Ratio Rank: 70
TXT Sortino Ratio Rank: 62
TXT Omega Ratio Rank: 63
TXT Calmar Ratio Rank: 70
TXT Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DCO vs. TXT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ducommun Incorporated (DCO) and Textron Inc. (TXT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DCO	TXT	Difference
Sharpe ratio Return per unit of total volatility	3.28	0.97	+2.31
Sortino ratio Return per unit of downside risk	3.59	1.39	+2.20
Omega ratio Gain probability vs. loss probability	1.49	1.19	+0.30
Calmar ratio Return relative to maximum drawdown	7.08	1.60	+5.48
Martin ratio Return relative to average drawdown	21.50	3.43	+18.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DCO vs. TXT - Sharpe Ratio Comparison

The current DCO Sharpe Ratio is 3.28, which is higher than the TXT Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of DCO and TXT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DCO	TXT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.28	0.97	+2.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.22	+0.47
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.56	0.27	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.24	-0.08

Drawdowns

DCO vs. TXT - Drawdown Comparison

The maximum DCO drawdown since its inception was -95.13%, roughly equal to the maximum TXT drawdown of -94.72%. Use the drawdown chart below to compare losses from any high point for DCO and TXT.

Drawdown Indicators

	DCO	TXT	Difference
Max Drawdown Largest peak-to-trough decline	-95.13%	-94.72%	-0.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.03%	-14.69%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-23.46%	-37.33%	+13.87%
Max Drawdown (5Y) Largest decline over 5 years	-30.81%	-37.33%	+6.52%
Max Drawdown (10Y) Largest decline over 10 years	-70.83%	-69.96%	-0.87%
Current Drawdown Current decline from peak	-1.30%	-9.31%	+8.01%
Average Drawdown Average peak-to-trough decline	-38.19%	-26.97%	-11.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.28%	6.87%	-1.59%

Volatility

DCO vs. TXT - Volatility Comparison

Ducommun Incorporated (DCO) has a higher volatility of 13.45% compared to Textron Inc. (TXT) at 8.03%. This indicates that DCO's price experiences larger fluctuations and is considered to be riskier than TXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DCO	TXT	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.45%	8.03%	+5.42%
Volatility (6M) Calculated over the trailing 6-month period	26.01%	20.00%	+6.01%
Volatility (1Y) Calculated over the trailing 1-year period	34.90%	25.29%	+9.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.50%	27.51%	+5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.68%	32.97%	+10.71%

Dividends

DCO vs. TXT - Dividend Comparison

DCO has not paid dividends to shareholders, while TXT's dividend yield for the trailing twelve months is around 0.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DCO Ducommun Incorporated	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TXT Textron Inc.	0.09%	0.09%	0.10%	0.10%	0.47%	0.10%	0.17%	0.18%	0.17%	0.14%	0.16%	0.19%

Financials

DCO vs. TXT - Profitability Comparison

The chart below illustrates the profitability comparison between Ducommun Incorporated and Textron Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

DCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ducommun Incorporated reported a gross profit of 56.23M and revenue of 209.02M. Therefore, the gross margin over that period was 26.9%.

TXT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Textron Inc. reported a gross profit of 320.00M and revenue of 3.70B. Therefore, the gross margin over that period was 8.7%.

DCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ducommun Incorporated reported an operating income of 15.72M and revenue of 209.02M, resulting in an operating margin of 7.5%.

TXT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Textron Inc. reported an operating income of 226.00M and revenue of 3.70B, resulting in an operating margin of 6.1%.

DCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ducommun Incorporated reported a net income of 9.92M and revenue of 209.02M, resulting in a net margin of 4.7%.

TXT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Textron Inc. reported a net income of 220.00M and revenue of 3.70B, resulting in a net margin of 6.0%.

Frequently Asked Questions

Can I hold both DCO and TXT in my portfolio?

DCO and TXT have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DCO or TXT?

DCO has higher volatility (13.45%) compared to TXT (8.03%). In terms of maximum drawdown, DCO dropped -95.13% vs TXT's -94.72%.

Which has better risk-adjusted returns?

DCO currently has the higher Sharpe Ratio (3.28 vs 0.97), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.