RTX Corp RTX

Consumer discretionary SIC 3724 - Aircraft Engines & Engine Parts NAICS Manufacturing › Transportation Equipment Manufacturing › Aerospace Product and Parts Manufacturing › Aircraft Engine and Engine Parts Manufacturing derived NYSE

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.

Last close 191.01 2026-10-23
Market cap $257.44B 2026-06-30 share count
52-week range 166.74 - 226.88

Valuation FY2025 figures against the last close

P/S2.9x
P/E38.5x
P/FCF32.4x
EV/EBITDA18.2x
Dividend yield1.4%
Diluted EPS4.96

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Europe
  • Asia Pacific
  • Other regions
  • Middle East and North Africa
Revenue by geography, 5 categories over 2 years. The same figures are in the table below. FY2025 United States, FY2025: 47.3B (53.4%) 53% United States Europe, FY2025: 18.8B (21.2%) 21% Europe Asia Pacific, FY2025: 13.8B (15.6%) 16% Asia Pacific Other regions, FY2025: 5.1B (5.8%) 6% Middle East and North Africa, FY2025: 3.6B (4.1%) 4% FY2024 United States, FY2024: 46.1B (57.1%) 57% Europe, FY2024: 16B (19.8%) 20% Asia Pacific, FY2024: 10.9B (13.5%) 13% Other regions, FY2024: 4.3B (5.4%) 5% Middle East and North Africa, FY2024: 3.5B (4.3%) 4%
Region FY2025FY2024
United States $47.29B $46.09B
Europe $18.80B $15.97B
Asia Pacific $13.78B $10.89B
Other regions $5.11B $4.33B
Middle East and North Africa $3.62B $3.46B

As the company reported it, from the “Segment Financial Data (Disaggregation of Revenue) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Pratt & Whitney
  • Raytheon
  • Collins Aerospace
  • Other
Revenue by segment, 4 categories over 3 years. The same figures are in the table below. FY2025 Pratt & Whitney, FY2025: 32.9B (37.1%) 37% Pratt & Whitney Raytheon, FY2025: 27.9B (31.5%) 31% Raytheon Collins Aerospace, FY2025: 27.6B (31.1%) 31% Collins Aerospace Other, FY2025: 210M (0.2%) FY2024 Pratt & Whitney, FY2024: 28.1B (34.8%) 35% Raytheon, FY2024: 26.6B (32.9%) 33% Collins Aerospace, FY2024: 25.9B (32.1%) 32% Other, FY2024: 175M (0.2%) FY2023 Pratt & Whitney, FY2023: 18.3B (26.5%) 27% Raytheon, FY2023: 26.2B (38.0%) 38% Collins Aerospace, FY2023: 24.3B (35.2%) 35% Other, FY2023: 110M (0.2%)
Segment FY2025FY2024FY2023
Pratt & Whitney $32.92B $28.06B $18.30B
Raytheon $27.89B $26.57B $26.22B
Collins Aerospace $27.59B $25.93B $24.29B
Other $210.0M $175.0M $110.0M

As the company reported it, from the “Segment Financial Data (Disaggregation of Revenue) (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $88.60B$80.74B$68.92B$67.07B$64.39B$56.59B$45.35B$34.70B$29.71B$57.24B
Cost of revenue ————————$12.93B$11.13B
Gross profit ————————$16.79B$46.11B
R&D $2.81B$2.93B$2.81B$2.71B$2.73B$2.58B$2.45B$1.88B$1.88B$2.38B
SG&A $6.09B$5.81B$5.81B$5.57B$5.05B$5.54B$3.71B$2.86B$2.39B$5.96B
Total operating expenses $79.72B$74.07B$65.44B$61.69B$59.67B$56.18B$40.76B$32.21B$27.25B$49.80B
Operating income $9.30B$6.54B$3.56B$5.50B$5.14B-$1.89B$4.91B$2.88B$2.99B$8.22B
Interest expense —$1.86B$1.50B$1.28B$1.32B$1.37B$1.59B$1.03B$922.0M$1.04B
Pre-tax income $8.73B$6.19B$3.84B$6.12B$5.11B-$2.35B$4.15B$2.50B$2.52B$7.13B
Income tax $1.66B$1.18B$456.0M$790.0M$964.0M$575.0M$421.0M$1.10B$1.05B$1.70B
Net income $6.73B$4.77B$3.19B$5.20B$3.86B-$3.52B$5.54B$5.27B$4.55B$5.05B
EPS, basic 5.023.582.243.522.57-2.596.486.585.766.18
EPS, diluted 4.963.552.233.502.56-2.596.416.505.706.12
Shares, diluted (wtd. avg.) 1.36B1.34B1.44B1.49B1.51B1.36B863.9M810.1M799.1M826.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $7.43B$5.58B$6.59B$6.29B$7.83B$8.80B$4.96B$3.73B$6.12B$7.16B
Short-term investments $750.0M$786.0M$745.0M$774.0M$965.0M$881.0M$0———
Receivables $14.70B$10.98B$10.84B$9.11B$9.66B$9.25B$8.74B$14.27B$12.60B$11.48B
Inventory $13.36B$12.77B$11.78B$10.62B$9.18B$9.41B$9.05B$10.08B$9.88B$8.70B
Total current assets $60.33B$51.13B$48.42B$42.44B$42.05B$43.38B$61.58B$35.50B$32.86B$28.55B
Property, plant and equipment $16.87B$16.09B$15.75B$15.17B$14.97B$14.96B$10.32B$12.30B$10.19B$9.16B
Goodwill $53.34B$52.79B$53.70B$53.84B$54.44B$54.28B$36.61B$48.11B$27.91B$27.06B
Other intangibles $31.84B$33.44B$35.40B$36.82B$38.52B$40.54B$24.47B$26.42B$15.88B$15.68B
Total assets $171.08B$162.86B$161.87B$158.86B$161.40B$162.15B$139.62B$134.21B$96.92B$89.71B
Accounts payable $15.89B$12.90B$10.70B$9.90B$8.75B$8.64B$7.82B$11.08B$9.58B$7.48B
Short-term debt $204.0M$183.0M$189.0M$625.0M$134.0M$247.0M$2.29B$1.47B$392.0M$601.0M
Total current liabilities $58.78B$51.50B$46.76B$39.11B$35.45B$35.85B$46.59B$31.37B$24.39B$21.91B
Long-term debt —$41.08B$43.64B$31.29B$31.35B$31.58B$40.96B$44.07B$27.09B$23.30B
Total liabilities $103.94B$100.90B$100.42B$84.65B$86.70B$88.27B$95.29B$93.49B$65.37B$60.24B
Retained earnings $56.72B$53.59B$52.15B$52.27B$50.27B$49.42B$61.59B$57.82B$55.24B$52.87B
Total equity $65.25B$60.16B$61.41B$74.18B$74.66B$73.85B$44.23B$40.61B$31.42B$29.17B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $10.57B$7.16B$7.88B$7.17B$7.14B$4.33B$5.82B$2.67B$2.28B$6.41B
Depreciation and amortisation $4.38B$4.36B$4.21B$4.11B$4.56B$4.16B$2.71B$1.90B$1.58B$1.96B
Stock-based compensation $519.0M$437.0M$425.0M$420.0M$442.0M$330.0M$268.0M$169.0M$129.0M$152.0M
Capital expenditure $2.63B$2.62B$2.42B$2.29B$2.13B$1.79B$1.87B$1.47B$1.56B$1.70B
Investing cash flow -$1.26B-$1.53B-$3.04B-$2.83B-$1.36B$3.34B-$2.68B-$17.26B-$3.13B-$2.51B
Financing cash flow -$7.49B-$6.62B-$4.53B-$5.86B-$6.76B-$3.86B-$1.91B$12.21B$2.44B-$1.19B
Dividends paid $3.57B$3.22B$3.24B$3.13B$2.96B$2.73B$2.44B$2.17B$2.07B$2.07B
Buybacks $50.0M$444.0M$12.87B$2.80B$2.33B$47.0M$151.0M$325.0M$1.45B$2.25B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000101829-26-000006.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -25B 0 25B 50B 75B 100B Revenue, FY2016: 57.2B Gross profit, FY2016: 46.1B Net income, FY2016: 5.1B Revenue, FY2017: 29.7B Gross profit, FY2017: 16.8B Net income, FY2017: 4.6B Revenue, FY2018: 34.7B Net income, FY2018: 5.3B Revenue, FY2019: 45.3B Net income, FY2019: 5.5B Revenue, FY2020: 56.6B Net income, FY2020: -3.5B Revenue, FY2021: 64.4B Net income, FY2021: 3.9B Revenue, FY2022: 67.1B Net income, FY2022: 5.2B Revenue, FY2023: 68.9B Net income, FY2023: 3.2B Revenue, FY2024: 80.7B Net income, FY2024: 4.8B Revenue, FY2025: 88.6B Net income, FY2025: 6.7B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $57.24B $29.71B $34.70B $45.35B $56.59B $64.39B $67.07B $68.92B $80.74B $88.60B
Gross profit $46.11B $16.79B — — — — — — — —
Net income $5.05B $4.55B $5.27B $5.54B -$3.52B $3.86B $5.20B $3.19B $4.77B $6.73B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Other event Item 8.01
  • Results announced Item 2.02
  • Shareholder vote Item 5.07
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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