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RTX
RTX Corporation
$195.64
6.11
(3.22%)
| Exchange: | NYSE |
| Market Cap: | 264.004B |
| Shares Outstanding: | 1.341B |
Delayed data
About The Company
| Sector: | IndustrialsView sector performance | |||||
| Industry: | Aerospace & DefenseView industry performance | |||||
| CEO: | Christopher T. Calio | |||||
| Full Time Employees: | 180000 | |||||
| Address: |
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| Website: | https://www.rtx.com |
RTX Corporation, a major player in the aerospace and defense sectors, provides sophisticated systems and extensive services to a diverse global clientele. This includes commercial entities, military organizations, and government agencies, both within the United States and internationally. The company’s operations are divided into three primary business units: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace segment delivers a broad range of aerospace and defense products, alongside comprehensive aftermarket support solutions. Its customer base spans manufacturers of civil and military aircraft, commercial airlines, and operators in regional, business, general aviation, defense, and commercial space ventures. This division’s offerings cover the design, production, and maintenance of aircraft interior components, such as oxygen systems, food and beverage preparation and storage facilities, galley systems, and lavatory and wastewater management. It also supplies battlespace management tools, test and training range infrastructure, crew escape mechanisms, simulation and training programs, and essential information management services. Its post-sales services include providing spare parts, overhaul and repair, specialized engineering and technical assistance, training and fleet management, and integrated asset and information management. Pratt & Whitney, another core segment, is a leading provider of aircraft propulsion systems for commercial airliners, military aircraft, business jets, and general aviation. This division is also responsible for manufacturing, selling, and maintaining auxiliary power units for both military and commercial applications. Finally, the Raytheon segment specializes in creating advanced capabilities for the detection, tracking, and mitigation of both defensive and offensive threats. Its tailored solutions serve the U.S. government, foreign governments, and various commercial customers. Established in 1934, the company was formerly known as Raytheon Technologies Corporation before officially rebranding as RTX Corporation in July 2023. RTX Corporation maintains its corporate headquarters in Arlington, Virginia.
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Revenue Segmentation
Revenue by type
Revenue by region
RTX full analysis
Welcome back to MarketSnap. Let me put you in the middle of a puzzle. RTX reported on Tuesday: sales up double digits, adjusted earnings per share up a third, guidance raised on sales, on EPS, and on free cash flow. Backlog hit a record, up more than a third year over year. And the stock is up about 2% today. Meanwhile Lockheed Martin is up 9% on its own backlog news. So here is the question I want to sit…
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 68,920,000 | 80,738,000 | 88,603,000 |
| Gross Profit | 12,089,000 | 15,410,000 | 17,789,000 |
| EBITDA | 9,700,000 | 12,528,000 | 14,946,000 |
| Operating Income | 3,561,000 | 6,538,000 | 9,300,000 |
| Net Income | 3,195,000 | 4,774,000 | 6,732,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 161,869,000 | 162,861,000 | 171,079,000 |
| Total Liabilities | 100,424,000 | 100,903,000 | 103,941,000 |
| Total Stockholders Equity | 59,798,000 | 60,156,000 | 65,245,000 |
| Total Debt | 45,239,000 | 42,893,000 | 41,108,000 |
| Cash and Cash Equivalents | 6,587,000 | 5,578,000 | 7,435,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 7,883,000 | 7,159,000 | 10,567,000 |
| Capital Expenditure | -3,166,000 | -2,625,000 | -2,627,000 |
| Free Cash Flow | 4,717,000 | 4,534,000 | 7,940,000 |
| Net Income | 3,195,000 | 5,013,000 | 7,069,000 |
| Net Change in Cash | 335,000 | -1,020,000 | 1,864,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 120,775,281.190 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 128,495,491.940 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 125,424,194.481 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 23,484,564.960 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 24,936,371.115 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 24,358,804.161 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 13,747,520.930 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 14,903,282.242 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 14,443,489.770 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 9,334,569.705 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 9,931,255.092 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 9,693,878.371 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 10.650 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 10.990 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 10.140 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 9 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 5 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Accelerating top- and bottom-line momentum: Q3 2026 sales rose 11% to $25 billion with adjusted EPS up 33% to $2.26, beating consensus on both lines. FY2025 revenue reached $88.6 billion (up ~9.7% Y/Y) with net income of $6.73 billion and diluted EPS of $4.96, extending a multi-year recovery from the 2020 loss of $3.52 billion.
- Diversified, balanced segment mix: FY2025 revenue is evenly distributed across Pratt & Whitney ($32.9B), Collins Aerospace ($30.2B), and Raytheon ($28.0B), spanning commercial aftermarket and defense — reducing dependence on any single end market. Domestic revenue ($74.8B) is complemented by meaningful Europe ($18.8B) and Asia Pacific ($13.8B) exposure.
- Record backlog and raised guidance: Management lifted FY2026 adjusted sales guidance to $97–97.5 billion (from $95–96 billion), with a record backlog cited as the basis for growth visibility. RTX has an established pattern of earnings beats (per Zacks' earnings-surprise analysis).
- Low volatility and strong cash generation: Beta of 0.308 is well below market; FY2025 free cash flow of $7.94 billion (up from $4.53 billion in 2024) with FCF yield TTM of 4.33%. Dividend of $2.82 (1.45% yield) is comfortably covered by FCF, and the 5-year total return of 109.15% reflects durable compounding.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates RTX intrinsic value between $141.00 – $155.16 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about RTX valuation
Is RTX Corporation (RTX) overvalued or undervalued right now?
MarketSnap estimates intrinsic value for RTX Corporation (RTX) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is RTX a buy, hold, or sell for long-term investors?
MarketSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether RTX trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is RTX’s P/E ratio?
You can see RTX’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for RTX?
MarketSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MarketSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is RTX a good long-term investment?
Whether RTX fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MarketSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
RTX
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Daily snapshot
3.22
Trading Metrics:
| Open: | 191.74 | Previous Close: | 189.53 | |
| Day Low: | 191.47 | Day High: | 195.64 | |
| Year Low: | 166.74 | Year High: | 226.88 | |
| Price Avg 50: | 193.45 | Price Avg 200: | 195.28 | |
| Volume: | 819882 | Average Volume: | 4.787M |
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