RTX Corp (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide. It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon. The Collins segment offers aerospace and defense products, and aftermarket services for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment designs, manufactures, and supplies electric power generation and management and distribution, environmental control, flight control, air data and aircraft sensing, engine control, and engine nacelle systems, as well as engine components; cabin interiors, including seating, oxygen, food and beverage preparation, storage and galley, lavatory, and wastewater management systems; connected aviation solutions and services; and systems solutions for connected battlespace, test and training range systems, crew escape systems, and simulation and training. It also provides spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset and information management services. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units, as well as offers fleet management and aftermarket maintenance, repair, and overhaul services. The Raytheon segment provides defensive and offensive threat detection, tracking, and mitigation capabilities for government and commercial customers. This segment offers sensors, mission orchestration and satellite control products, and software. The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023. RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia.

Symbol
RTX
Exchange
NYSE
Sector
Industrials
Industry
Aerospace & Defense
Market cap
$249.38B
52 week range
155.64 - 226.88

Valuation

Share price
$185.01 (close of 2026-10-01)
P/E (TTM)
32.24x
Price to book
3.66x
Price to free cash flow
21.86x
Enterprise value
$279.93B
Book value per share
$50.54

Price performance

PeriodChange
1 day-0.34%
5 days-1.91%
1 month-9.82%
3 months-3.53%
6 months-4.99%
Year to date+0.88%
1 year+10.65%
3 years+157.07%
5 years+111.49%
10 years+189.35%
All time+23318.99%

Members of Congress who disclosed RTX trades

Julie Johnson · Bruce Westerman · Dan Newhouse · Jefferson Shreve · Alan Armstrong · George Whitesides · Gilbert Ray Cisneros · John Boozman · Josh Gottheimer · Markwayne Mullin · Roger Williams

Super investors holding RTX

Dodge & Cox (Dodge & Cox Funds) · Lee Ainslie (Maverick Capital LTD)

Profitability and growth

Return on equity
10.03%
Return on invested capital
7.70%
Return on assets
3.94%
Return on capital employed
8.28%
Gross margin
20.54%
Net margin
7.60%
EBITDA margin
15.44%
Revenue growth
9.74%
Net income growth
41.01%
Free cash flow growth
75.12%

Cash flow and balance sheet

Free cash flow yield (TTM)
4.57%
Current ratio
1.01x
Net debt to EBITDA
1.90x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$88.60B
Cost of revenue
$70.40B
Gross profit
$18.20B
EBITDA
$13.68B
Net income
$6.73B
Earnings per share
$5.02
Research and development
$2.81B
Shares outstanding
1.34B

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$88.60B$18.20B$6.73B$5.02
2024-12-31$80.74B$15.28B$4.77B$3.58
2023-12-31$68.92B$12.18B$3.19B$2.24
2022-12-31$67.07B$13.79B$5.20B$3.52
2021-12-31$64.39B$12.91B$3.86B$2.57
2020-12-31$56.59B$6.23B-$3.52B$-2.59
2019-12-31$45.35B$11.08B$5.54B$6.48
2018-12-31$34.70B$7.62B$5.27B$6.58
2017-12-31$59.84B$28.81B$4.55B$5.76
2016-12-31$57.24B$26.92B$5.05B$6.18

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3120.54%7.60%10.03%7.70%
2024-12-3118.92%5.91%7.71%5.40%
2023-12-3117.67%4.64%5.20%3.10%
2022-12-3120.56%7.75%7.01%4.65%
2021-12-3120.06%6.00%5.18%4.16%
2020-12-3111.01%-6.22%-4.76%-1.91%
2019-12-3124.43%12.21%12.52%5.33%
2018-12-3121.96%15.18%12.97%2.16%
2017-12-3148.15%7.61%14.49%10.61%
2016-12-3147.03%8.83%17.33%14.21%

Cash and debt by year

Period endCashDebt
2025-12-31$7.43B-
2024-12-31$5.58B$41.08B
2023-12-31$6.59B$43.64B
2022-12-31$6.22B$31.29B
2021-12-31$7.83B$31.35B
2020-12-31$8.80B$31.58B
2019-12-31$4.94B$40.96B
2018-12-31$3.69B$44.07B
2017-12-31$8.98B$27.09B
2016-12-31$7.16B$23.30B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$7.94B$519.00M
2024-12-31$4.53B$437.00M
2023-12-31$5.47B$425.00M
2022-12-31$4.88B$420.00M
2021-12-31$5.01B$442.00M
2020-12-31$2.54B$330.00M
2019-12-31$3.95B$268.00M
2018-12-31$1.20B$169.00M
2017-12-31$3.62B$192.00M
2016-12-31$4.71B$152.00M

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$2.82
Payment dateDividend per share
2026-08-14$0.73
2026-05-22$0.73
2026-02-20$0.68
2025-11-21$0.68
2025-08-15$0.68
2025-05-23$0.68
2025-02-21$0.63
2024-11-15$0.63

Investor relations

Next earnings report

Next confirmed report
2026-10-20
Consensus EPS estimate
$1.75

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-23Jun/2026$1.66
2026-04-21--
2026-01-27--
2025-10-21--
2025-07-22--
2025-04-22--
2025-01-28--
2024-10-22--

Filings and sources

Company website
rtx.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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