RTX · Rtx Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $88.60B | $80.74B | $68.92B | $67.07B | $64.39B | $56.59B |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | $2.81B | $2.93B | $2.81B | $2.71B | $2.73B | $2.58B |
| SG&A | $6.09B | $5.81B | $5.81B | $5.66B | $5.22B | $5.54B |
| Total Operating Expenses | $79.72B | $74.07B | $65.44B | $61.78B | $59.85B | $56.18B |
| D&A | $4.38B | $4.36B | $4.21B | $4.11B | $4.56B | $4.16B |
| Operating Income | $9.30B | $6.54B | $3.56B | $5.41B | $4.96B | ($1.89B) |
| Interest Expense | - | $1.86B | $1.50B | $1.28B | $1.32B | $1.37B |
| Income Tax | $1.66B | $1.18B | $456.00M | $700.00M | $786.00M | $575.00M |
| Net Income | $6.73B | $4.77B | $3.19B | $5.20B | $3.86B | ($3.52B) |
| EPS - Basic | $5.02 | $3.58 | $2.24 | $3.52 | $2.57 | ($2.59) |
| EPS - Diluted | $4.96 | $3.55 | $2.23 | $3.50 | $2.56 | ($2.59) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.43B | $5.58B | $6.59B | $6.22B | $7.83B | $8.80B |
| Accounts Receivable | $14.70B | $10.98B | $10.84B | $9.11B | $9.66B | $9.25B |
| Inventory | $13.36B | $12.77B | $11.78B | $10.62B | $9.18B | $9.41B |
| Accounts Payable | $15.89B | $12.90B | $10.70B | $9.90B | $8.75B | $8.64B |
| Current Assets | $60.33B | $51.13B | $48.42B | $42.44B | $42.05B | $43.38B |
| Total Assets | $171.08B | $162.86B | $161.87B | $158.86B | $161.40B | $162.15B |
| Current Liabilities | $58.78B | $51.50B | $46.76B | $39.11B | $35.45B | $35.85B |
| Long-term Debt | - | $41.08B | $43.64B | $31.29B | $31.35B | $31.58B |
| Total Liabilities | $103.94B | $100.90B | $100.42B | $84.65B | $86.70B | $88.27B |
| Stockholders' Equity | $65.25B | $60.16B | $59.80B | $72.63B | $73.07B | $72.16B |
| Retained Earnings | $56.72B | $53.59B | $52.15B | $52.27B | $50.27B | $49.42B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $10.57B | $7.16B | $7.88B | $7.17B | $7.14B | $4.33B |
| Investing Cash Flow | ($1.26B) | ($1.53B) | ($3.04B) | ($2.83B) | $3.34B | $3.34B |
| Financing Cash Flow | ($7.49B) | ($6.62B) | ($4.53B) | ($5.86B) | ($3.86B) | ($3.86B) |
| CapEx | $2.63B | $2.63B | $2.42B | $2.29B | $1.79B | $1.79B |
| Free Cash Flow | $7.94B | $4.53B | $5.47B | $4.88B | $5.35B | $2.54B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | 10.5% | 8.1% | 5.2% | 8.1% | 7.7% | -3.3% |
| EBITDA margin | 15.4% | 13.5% | 11.3% | 14.2% | 14.8% | 4.0% |
| Net margin | 7.6% | 5.9% | 4.6% | 7.7% | 6.0% | -6.2% |
| Free cash flow margin | 9.0% | 5.6% | 7.9% | 7.3% | 8.3% | 4.5% |
| FCF / Net income | 1.18 | 0.95 | 1.71 | 0.94 | 1.38 | -0.72 |
| R&D / Revenue | 3.2% | 3.6% | 4.1% | 4.0% | 4.2% | 4.6% |
| SG&A / Revenue | 6.9% | 7.2% | 8.4% | 8.4% | 8.1% | 9.8% |
| Effective tax rate | 19.8% | 19.8% | 12.5% | 11.9% | 16.9% | - |
| Return on assets | 3.9% | 2.9% | 2.0% | 3.3% | 2.4% | -2.2% |
| Return on equity | 10.3% | 7.9% | 5.3% | 7.2% | 5.3% | -4.9% |
| Return on invested capital | - | 5.2% | 3.0% | 4.6% | 3.9% | -1.4% |
| Liquidity | ||||||
| Current ratio | 1.03 | 0.99 | 1.04 | 1.09 | 1.19 | 1.21 |
| Quick ratio | 0.80 | 0.74 | 0.78 | 0.81 | 0.93 | 0.95 |
| Cash ratio | 0.13 | 0.11 | 0.14 | 0.16 | 0.22 | 0.25 |
| Leverage | ||||||
| Debt / Equity | - | 0.68 | 0.73 | 0.43 | 0.43 | 0.44 |
| Debt / Assets | - | 0.25 | 0.27 | 0.20 | 0.19 | 0.19 |
| Debt / EBITDA | - | 3.77 | 5.61 | 3.29 | 3.29 | 13.93 |
| Interest coverage | - | 3.5x | 2.4x | 4.2x | 3.8x | -1.4x |
| Equity multiplier | 2.62 | 2.71 | 2.71 | 2.19 | 2.21 | 2.25 |
| Liabilities / Assets | 0.61 | 0.62 | 0.62 | 0.53 | 0.54 | 0.54 |
| Efficiency | ||||||
| Asset turnover | 0.52 | 0.50 | 0.43 | 0.42 | 0.40 | 0.35 |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | 61d | 50d | 57d | 50d | 55d | 60d |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | 37.0x | 32.6x | 37.7x | 28.8x | 33.6x | - |
| P / B | 3.8x | 2.6x | 2.0x | 2.1x | 1.8x | 1.3x |
| P / S | 2.8x | 1.9x | 1.8x | 2.2x | 2.0x | 1.7x |
| EV / EBITDA | 17.6x | 17.5x | 20.3x | 18.4x | 16.1x | 52.9x |
| Growth | ||||||
| Revenue growth (YoY) | 9.7% | 17.1% | 2.8% | 4.2% | 13.8% | -26.6% |
| Revenue CAGR (3y) | 9.7% | 7.8% | 6.8% | -4.5% | 4.0% | -1.8% |
| Revenue CAGR (5y) | 9.4% | 0.9% | 3.8% | 2.3% | 2.4% | 0.2% |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | 42.2% | 83.6% | -34.2% | 9.2% | - | - |
| Net income growth (YoY) | 41.0% | 49.4% | -38.5% | 34.5% | - | - |
| EPS growth (YoY) | 39.7% | 59.2% | -36.3% | 36.7% | - | - |
| EPS CAGR (3y) | 12.3% | 11.5% | - | -18.3% | -26.7% | - |
| EPS CAGR (5y) | - | -11.1% | -19.3% | -9.3% | -16.0% | - |
| FCF growth (YoY) | 75.1% | -17.1% | 12.0% | -8.7% | 110.6% | -61.7% |
| FCF CAGR (5y) | 25.6% | -7.3% | 4.3% | 6.2% | 2.6% | -14.8% |
| Book value growth (YoY) | 8.5% | 0.6% | -17.7% | -0.6% | 1.3% | 72.7% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$91.36B totalPratt And Whitney$32.92B · 36.0%
Collins Aerospace$30.20B · 33.0%
Raytheon$28.04B · 30.7%
All Other Segments$210.00M · 0.2%
Product / service
$88.60B totalProduct$64.17B · 72.4%
Service$24.43B · 27.6%
Geographic
$88.60B totalUS$74.78B · 84.4%
Europe$5.44B · 6.1%
Other Geographic Regions$5.17B · 5.8%
Asia Pacific$2.86B · 3.2%
Middle East And North Africa$348.00M · 0.4%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.24
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- -Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Aircraft Engines & Engine Parts
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| HON | $37.44B | 12.6% | 34.0% |
| HEI, HEI.A | - | - | - |
| SARO | $6.06B | 4.6% | 10.4% |
| SIF | $84.81M | -0.9% | -2.0% |
| TATT | $178.01M | 9.4% | 9.5% |
Comparing RTX Corp against the 5 most active filers in the same SIC group.
Dividends
$2.77/share trailing 12 months · +7.8% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.7300 |
| Feb 20, 2026 | $0.6800 |
| Nov 21, 2025 | $0.6800 |
| Aug 15, 2025 | $0.6800 |
| May 23, 2025 | $0.6800 |
| Feb 21, 2025 | $0.6300 |
| Nov 15, 2024 | $0.6300 |
| Aug 16, 2024 | $0.6300 |
| May 16, 2024 | $0.6300 |
| Feb 22, 2024 | $0.5900 |
| Nov 16, 2023 | $0.5900 |
| Aug 17, 2023 | $0.5900 |
| May 18, 2023 | $0.5900 |
| Feb 23, 2023 | $0.5500 |
| Nov 17, 2022 | $0.5500 |
| Aug 18, 2022 | $0.5500 |
| May 19, 2022 | $0.5500 |
| Feb 24, 2022 | $0.5100 |
| Nov 18, 2021 | $0.5100 |
| Aug 19, 2021 | $0.5100 |
| May 20, 2021 | $0.5100 |
| Feb 25, 2021 | $0.4750 |
| Nov 12, 2020 | $0.4750 |
| Aug 13, 2020 | $0.4750 |