[en] Asymmetries in the applied magnetic field due to manufacturing tolerances and rotor-stator misalignments can cause significant forces and moments in a homopolar generator. Parasitic eddy-currents in the rotor, brushes and bearings are also important effects of such asymmetries. The finite element method is used to calculate the magnetic flux distributions in the TEXT homopolar generators. The axial magnetic thrust force and the magnetic tilt moment acting on the rotor are calculated. Eddy-current torques opposing rotor motion are determined using the theory for eddy-current brakes. The results have been used in the design of the TEXT homopolar generator which have been proposed to provide the energy store and conversion for the toroidal field and ohmic heating coils of the new Texas Experimental Tokamak