RTX Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military, and government customers worldwide. The terms “we,” “us,” “our,” the “Company”, and “RTX” mean RTX Corporation and its subsidiaries, unless the context indicates another meaning. We serve commercial and government customers in both the original equipment and aftermarket parts and services segments of the aerospace industry. Our defense business serves both domestic and international customers as a prime contractor or subcontractor on a broad portfolio of defense and related programs for military and government customers. RTX Corporation was incorporated in Delaware in 1934. The following description of our business should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” within Item 7 of this Form 10-K, including the information contained therein under the heading “Business Overview.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 88.6B | 88.6B | 80.7B | 68.9B | 67.1B | 64.4B |
| Net Income | 6.7B | 6.7B | 4.8B | 3.2B | 5.2B | 3.9B |
| EPS | $4.96 | $4.96 | $3.55 | $2.23 | $3.50 | $2.56 |
| Free Cash Flow | 7.9B | 7.9B | 4.5B | 5.5B | 4.9B | 5.0B |
| ROIC | 7.7% | 8.4% | 5.8% | 3.4% | 5.1% | 4.6% |
| Gross Margin | 39.3% | 39.3% | 37.1% | 37.0% | 37.5% | 36.2% |
| Debt/Equity | 0.61 | 0.61 | 0.71 | 0.76 | 0.46 | 0.45 |
| Dividends/Share | $2.63 | $2.67 | $2.48 | $2.32 | $2.16 | $2.01 |
| Operating Income | 9.3B | 9.3B | 6.5B | 3.6B | 5.5B | 5.0B |
| Operating Margin | 10.5% | 10.5% | 8.1% | 5.2% | 8.2% | 7.7% |
| ROE | 10.3% | 10.7% | 7.9% | 5.3% | 7.2% | 5.3% |
| Shares Outstanding | 1,357M | 1,357M | 1,345M | 1,433M | 1,485M | 1,509M |
RTX Corp passes 3 of 9 quality checks, indicating weak fundamentals.
RTX Corp trades at 40.6x trailing earnings, compared to its 15-year median P/E of 26.4x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 34.0x vs a median of 25.8x. The company's 5-year average ROIC is 5.5% with a gross margin of 37.4%. Total shareholder yield (dividends) is 1.3%. At current prices, the estimated annualized return to fair value is +4.3%.
RTX Corp (RTX) has a current P/E ratio of 40.6, compared to its historical median P/E of 26.4. The stock is currently considered Expensive based on its historical valuation range.
RTX Corp (RTX) has a 5-year average return on invested capital (ROIC) of 5.5%. This is below average and may indicate limited pricing power.
RTX Corp (RTX) has a market capitalization of $273.4B. It is classified as a mega-cap stock.
Yes, RTX Corp (RTX) pays a dividend with a trailing twelve-month yield of 1.31%. The company also returns capital through share buybacks, with a buyback yield of 0.02%.
Based on historical P/E analysis, RTX Corp (RTX) appears expensive. The current P/E of 40.6 is 54% above its historical median of 26.4. The estimated fair value CAGR (P/E method) is -1.7%.
RTX Corp (RTX) operates in the Aircraft Engines & Engine Parts industry, within the Industrials sector.
RTX Corp (RTX) reported annual revenue of $88.6 billion in its most recent fiscal year, based on SEC EDGAR filings.
RTX Corp (RTX) has a net profit margin of 7.6%. This is a modest margin.
RTX Corp (RTX) generated $7.9 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
RTX Corp (RTX) has a debt-to-equity ratio of 0.61. This indicates moderate leverage.
RTX Corp (RTX) reported earnings per share (EPS) of $4.96 in its most recent fiscal year.
RTX Corp (RTX) has a return on equity (ROE) of 10.7%. This indicates moderate shareholder returns.
RTX Corp (RTX) has a 5-year average gross margin of 37.4%. This indicates decent pricing power.
The Ledger Terminal provides 19 years of financial data for RTX Corp (RTX), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
RTX Corp (RTX) has a book value per share of $48.07, based on its most recent annual SEC filing.
No recent press releases.