Slide 1: Q3 2024 Earnings Call Presentation
Q3 2024 Earnings Call Presentation October 24 th , 2024 The data in this package should be read in conjunction with the Textron earnings release and accompanying tables. © 2024 TEXTRON INC. 1
Slide 2: Forward-looking Information
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 othe
Slide 3: Key Data – Q3 2024
Key Data – Q3 2024 Q3 2024 Q3 2023 Revenues $ 3.4B $ 3.3B Segment Profit $ 284M $ 332M EPS $ 1.18 $ 1.35 Adjusted EPS $ 1.40 $ 1.49 Manufacturing Cash Flow $ 147M $ 205M Before Pension Contributions Pension Contributions $ 10M $ 10M (1) Segment Profit, Adjusted EPS and Manufacturing cash flow before
Slide 4: Q3 2024 Revenue Growth
Q3 2024 Revenue Growth Organic Revenue Acquisition Organic FX Impact Growth Growth Impact Growth Un(Fav) Before FX Textron Aviation 0.1% - 0.1% - 0.1% Bell 23.2% - 23.2% - 23.2% Textron Systems (2.6%) - (2.6%) - (2.6%) Industrial (8.9%) - (8.9%) (0.1%) (9.0%) Textron eAviation (14.3%) - (14.3%) - (1
Slide 5: Adjusted EBITDA
Adjusted EBITDA ($ amounts in millions) Q3 2024 Q3 2023 Income from Continuing Operations Before Income $ 252 $ 301 Taxes Add: Interest Expense, net for Manufacturing group 22 16 Depreciation Expense 91 89 Intangible Asset Amortization 9 10 LIFO Inventory Provision 49 26 Special Charges (2) - Adjust
Slide 6: Updated Outlook – Full Year 2024
Updated Outlook – Full Year 2024 Adjusted EPS (1) $5.40 - $5.60 Manufacturing Cash Flow $650M - $750M Before Pension Contributions (1) Pension Contributions ~$50M (1) Adjusted EPS and Manufacturing cash flow before pension contributions are non-GAAP measures that are defined and reconciled to GAAP i
Slide 7: Non-GAAP Financial Measures
Non-GAAP Financial Measures We supplement the reporting of our financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial measures. These non-GAAP financial measures exclude certain significant items that may not be indicative of, or a
Slide 8: © 2024 TEXTRON INC.
—_ So Pal Beechcraft PIPISTRELY _TEXTRON Systems YY By TORIDOH OLIATION Pfhwowe x wowe Q.uvcomme €CATAC af TEXTRON A Textron Company ©) KAUTEX EAT er agoeGy TEXTRON SSE} cusuman GROUND SUPPORT E QUIPMENT TEXTRON TEXTRON © 2024 TEXTRON INC 8