TXT vs. BA
TXT (Textron Inc.) and BA (The Boeing Company) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, TXT returned 8.81%/yr vs 6.09%/yr for BA. At a 0.41 correlation, their price movements are largely independent.
Performance
TXT vs. BA - Performance Comparison
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Returns By Period
In the year-to-date period, TXT achieves a 4.85% return, which is significantly higher than BA's 0.14% return. Over the past 10 years, TXT has outperformed BA with an annualized return of 8.81%, while BA has yielded a comparatively lower 6.09% annualized return.
TXT
- 1D
- 0.01%
- 1M
- 0.48%
- YTD
- 4.85%
- 6M
- 9.22%
- 1Y
- 22.79%
- 3Y*
- 12.69%
- 5Y*
- 5.93%
- 10Y*
- 8.81%
BA
- 1D
- 3.25%
- 1M
- -3.10%
- YTD
- 0.14%
- 6M
- 7.70%
- 1Y
- 2.57%
- 3Y*
- 1.36%
- 5Y*
- -2.75%
- 10Y*
- 6.09%
TXT vs. BA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TXT Textron Inc. | 4.85% | 14.08% | -4.80% | 13.71% | -7.87% | 59.93% | 8.60% | -2.86% | -18.62% | 16.72% |
BA The Boeing Company | 0.14% | 22.67% | -32.10% | 36.84% | -5.38% | -5.95% | -33.90% | 3.34% | 11.50% | 94.72% |
Correlation
The correlation between TXT and BA is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 1984 | 0.41 |
The correlation between TXT and BA shifts across timeframes, from 0.30 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TXT:
$16.10B
BA:
$177.89B
TXT:
$5.23
BA:
$2.90
TXT:
17.46
BA:
74.93
TXT:
1.48
BA:
11.74
TXT:
1.07
BA:
1.84
TXT:
2.01
BA:
29.74
TXT:
$15.19B
BA:
$92.18B
TXT:
$2.19B
BA:
$4.43B
TXT:
$1.61B
BA:
$7.13B
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Return for Risk
TXT vs. BA — Risk / Return Rank
TXT
BA
TXT vs. BA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Textron Inc. (TXT) and The Boeing Company (BA). 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.
| TXT | BA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.83 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.04 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 0.10 | +1.46 |
| Martin ratioReturn relative to average drawdown | 3.31 | 0.24 | +3.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TXT | BA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.08 | +0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | -0.08 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.15 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.30 | -0.06 |
Drawdowns
TXT vs. BA - Drawdown Comparison
The maximum TXT drawdown since its inception was -94.72%, which is greater than BA's maximum drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for TXT and BA.
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Drawdown Indicators
| TXT | BA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.72% | -89.45% | -5.27% |
Max Drawdown (1Y)Largest decline over 1 year | -14.69% | -24.96% | +10.27% |
Max Drawdown (3Y)Largest decline over 3 years | -37.33% | -48.31% | +10.98% |
Max Drawdown (5Y)Largest decline over 5 years | -37.33% | -54.16% | +16.83% |
Max Drawdown (10Y)Largest decline over 10 years | -69.96% | -77.92% | +7.96% |
Current DrawdownCurrent decline from peak | -9.30% | -49.47% | +40.17% |
Average DrawdownAverage peak-to-trough decline | -26.97% | -31.01% | +4.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.89% | 10.83% | -3.94% |
Volatility
TXT vs. BA - Volatility Comparison
The current volatility for Textron Inc. (TXT) is 6.91%, while The Boeing Company (BA) has a volatility of 11.39%. This indicates that TXT experiences smaller price fluctuations and is considered to be less risky than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TXT | BA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 11.39% | -4.48% |
Volatility (6M)Calculated over the trailing 6-month period | 19.94% | 22.79% | -2.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.28% | 31.85% | -6.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.51% | 36.48% | -8.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.96% | 41.58% | -8.62% |
Dividends
TXT vs. BA - Dividend Comparison
TXT's dividend yield for the trailing twelve months is around 0.09%, while BA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% |
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
TXT vs. BA - Financials Comparison
This section allows you to compare key financial metrics between Textron Inc. and The Boeing Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TXT vs. BA - Profitability Comparison
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%.
BA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a gross profit of 2.55B and revenue of 22.22B. Therefore, the gross margin over that period was 11.5%.
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%.
BA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported an operating income of 448.00M and revenue of 22.22B, resulting in an operating margin of 2.0%.
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%.
BA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Boeing Company reported a net income of -4.00M and revenue of 22.22B, resulting in a net margin of -0.0%.
Frequently Asked Questions
TXT and BA have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BA has higher volatility (11.39%) compared to TXT (6.91%). In terms of maximum drawdown, TXT dropped -94.72% vs BA's -89.45%.
TXT currently has the higher Sharpe Ratio (0.91 vs 0.08), 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.
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