RTX Chart
About

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.

Fundamentals
Scroll to Statements
Sector Industrials Industry Aerospace & Defense Market Cap 261.16B
Enterprise Value 300.80B Income 6.73B Sales 88.60B
Book/sh 48.61 Cash/sh 5.54 Dividend Yield 137.00%
Payout 53.83% Employees 180000 IPO —
P/E 39.23 Forward P/E 25.91 PEG —
P/S 2.95 P/B 4.00 P/C —
EV/EBITDA 20.41 EV/Sales 3.40 Quick Ratio 0.67
Current Ratio 1.03 Debt/Eq 59.51 LT Debt/Eq —
EPS (ttm) 4.96 EPS next Y 7.51 EPS Growth 8.30%
Revenue Growth 12.10% Earnings 2026-04-21 ROA 3.88%
ROE 10.95% ROIC — Gross Margin 20.08%
Oper. Margin 11.02% Profit Margin 7.60% Shs Outstand 1.34B
Shs Float 1.25B Short Float 0.78% Short Ratio 1.79
Short Interest — 52W High 206.73 52W Low 112.27
Beta 0.42 Avg Volume 5.54M Volume 1.77M
Target Price $216.92 Recom Buy Prev Close $198.46
Price $194.50 Change -2.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$216.92
Mean price target
2. Current target
$194.50
Latest analyst target
3. DCF / Fair value
$86.58
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$194.50
Low
$179.00
High
$238.00
Mean
$216.92

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-05 main Citigroup Buy → Buy $238
2026-01-28 main JP Morgan Overweight → Overweight $215
2026-01-28 main RBC Capital Outperform → Outperform $230
2026-01-28 main UBS Neutral → Neutral $208
2026-01-13 main Citigroup Buy → Buy $227
2026-01-05 down UBS Buy → Neutral $199
2025-12-19 main JP Morgan Overweight → Overweight $200
2025-12-12 init Citigroup — → Buy $211
2025-10-27 main B of A Securities Buy → Buy $215
2025-10-22 main UBS Buy → Buy $202
2025-10-22 main Susquehanna Positive → Positive $205
2025-10-22 main Goldman Sachs Neutral → Neutral $168
2025-10-06 main Bernstein Market Perform → Market Perform $181
2025-09-10 main Bernstein Market Perform → Market Perform $157
2025-07-29 main Barclays Equal-Weight → Equal-Weight $153
2025-07-23 main UBS Buy → Buy $177
2025-07-23 main JP Morgan Overweight → Overweight $175
2025-07-23 main RBC Capital Outperform → Outperform $170
2025-07-23 main Susquehanna Positive → Positive $175
2025-07-23 main B of A Securities Buy → Buy $175
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12713 2578611.0 — Sale at price 202.83 per share. WILLIAMS DANTAYA M Officer — 2026-02-23 00:00:00 D
1 35755 7349900.0 — Sale at price 205.54 - 205.58 per share. MITCHILL NEIL G JR Chief Financial Officer — 2026-02-19 00:00:00 D
2 19394 1473944.0 — Conversion of Exercise of derivative security at price 76.00 per share. MITCHILL NEIL G JR Chief Financial Officer — 2026-02-19 00:00:00 D
3 63568 12955182.0 — Sale at price 203.57 - 205.26 per share. CALIO CHRISTOPHER T Chief Executive Officer — 2026-02-19 00:00:00 D
4 31199 2371124.0 — Conversion of Exercise of derivative security at price 76.00 per share. CALIO CHRISTOPHER T Chief Executive Officer — 2026-02-19 00:00:00 D
5 15124 3095124.0 — Sale at price 204.65 per share. MAHARAJH RAMSARAN JR General Counsel — 2026-02-19 00:00:00 D
6 8136 1637745.0 — Sale at price 200.67 - 201.31 per share. DASILVA KEVIN G Officer and Treasurer — 2026-02-13 00:00:00 D
7 17527 3490746.0 — Sale at price 199.16 per share. EDDY SHANE G Officer — 2026-02-12 00:00:00 D
8 8088 1577403.0 — Sale at price 195.03 per share. JOHNSON AMY L. Officer — 2026-02-10 00:00:00 D
9 18253 1222464.0 — Conversion of Exercise of derivative security at price 72.49 - 90.73 per share. JOHNSON AMY L. Officer — 2026-02-10 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.190.190.120.13
NormalizedEBITDA14.95B12.53B9.70B11.53B
TotalUnusualItems0.000.00-649.00M
TotalUnusualItemsExcludingGoodwill0.000.00-649.00M
NetIncomeFromContinuingOperationNetMinorityInterest6.73B4.77B3.19B5.22B
ReconciledDepreciation4.38B4.36B4.21B4.11B
ReconciledCostOfRevenue70.81B65.33B56.83B53.41B
EBITDA14.95B12.53B9.70B11.53B
EBIT10.57B8.16B5.49B7.42B
NetInterestIncome-1.74B-1.87B-1.55B-1.23B
InterestExpense1.83B1.97B1.65B1.30B
InterestIncome98.00M102.00M100.00M70.00M
NormalizedIncome6.73B4.77B3.19B5.22B
NetIncomeFromContinuingAndDiscontinuedOperation6.73B4.77B3.19B5.20B
TotalExpenses79.30B74.20B65.36B61.57B
TotalOperatingIncomeAsReported9.30B6.54B3.56B5.50B
DilutedAverageShares1.36B1.34B1.44B1.49B
BasicAverageShares1.34B1.33B1.43B1.48B
DilutedEPS4.963.552.233.50
BasicEPS5.023.582.243.52
DilutedNIAvailtoComStockholders6.73B4.77B3.19B5.20B
NetIncomeCommonStockholders6.73B4.77B3.19B5.20B
NetIncome6.73B4.77B3.19B5.20B
MinorityInterests-337.00M-239.00M-185.00M-111.00M
NetIncomeIncludingNoncontrollingInterests7.07B5.01B3.38B5.31B
NetIncomeDiscontinuousOperations0.000.00-19.00M-33.00M
NetIncomeContinuousOperations7.07B5.01B3.38B5.33B
TaxProvision1.66B1.18B456.00M790.00M
PretaxIncome8.73B6.19B3.84B6.12B
OtherIncomeExpense1.17B1.52B1.83B1.84B
OtherNonOperatingIncomeExpenses1.17B1.52B1.83B1.84B
SpecialIncomeCharges0.000.00-649.00M
OtherSpecialCharges649.00M
ImpairmentOfCapitalAssets0.000.00
NetNonOperatingInterestIncomeExpense-1.74B-1.87B-1.55B-1.23B
InterestExpenseNonOperating1.83B1.97B1.65B1.30B
InterestIncomeNonOperating98.00M102.00M100.00M70.00M
OperatingIncome9.30B6.54B3.56B5.50B
OperatingExpense8.49B8.87B8.53B8.16B
OtherOperatingExpenses-413.00M132.00M-86.00M-120.00M
ResearchAndDevelopment2.81B2.93B2.81B2.71B
SellingGeneralAndAdministration6.09B5.81B5.81B5.57B
GeneralAndAdministrativeExpense4.03B3.68B3.10B
OtherGandA5.81B5.57B5.05B
SalariesAndWages-1.78B-1.89B-1.94B
GrossProfit17.79B15.41B12.09B13.67B
CostOfRevenue70.81B65.33B56.83B53.41B
TotalRevenue88.60B80.74B68.92B67.07B
OperatingRevenue88.60B80.74B68.92B67.07B
Line Item2025-12-312024-12-312023-12-312022-12-31
TreasurySharesNumber383.02M386.63M385.81M244.72M
OrdinarySharesNumber1.34B1.33B1.33B1.47B
ShareIssued1.73B1.72B1.71B1.71B
NetDebt30.47B35.68B37.24B25.69B
TotalDebt39.51B42.89B45.24B33.50B
TangibleBookValue-19.94B-26.08B-29.30B-18.03B
InvestedCapital103.15B101.42B103.62B104.55B
WorkingCapital1.55B-366.00M1.66B3.33B
NetTangibleAssets-19.94B-26.08B-29.30B-18.03B
CapitalLeaseObligations1.60B1.63B1.41B1.59B
CommonStockEquity65.25B60.16B59.80B72.63B
TotalCapitalization99.53B98.88B102.15B103.33B
TotalEquityGrossMinorityInterest67.14B61.96B61.45B74.21B
MinorityInterest1.89B1.80B1.65B1.58B
StockholdersEquity65.25B60.16B59.80B72.63B
OtherEquityInterest-15.00M-28.00M-38.00M
GainsLossesNotAffectingRetainedEarnings-2.72B-3.75B-2.42B-2.02B
OtherEquityAdjustments-2.72B-3.75B-2.42B-2.02B
TreasuryStock26.88B27.11B26.98B15.53B
RetainedEarnings56.72B53.59B52.15B52.27B
CapitalStock38.13B37.43B37.05B37.94B
CommonStock38.13B37.43B37.05B37.94B
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest103.94B100.90B100.42B84.65B
TotalNonCurrentLiabilitiesNetMinorityInterest45.16B49.40B53.66B45.54B
OtherNonCurrentLiabilities7.20B6.94B7.51B8.45B
EmployeeBenefits2.07B2.10B2.38B4.81B
NonCurrentPensionAndOtherPostretirementBenefitPlans2.07B2.10B2.38B4.81B
LongTermDebtAndCapitalLeaseObligation35.89B40.36B43.77B32.28B
LongTermCapitalLeaseObligation1.60B1.63B1.41B1.59B
LongTermDebt34.29B38.73B42.35B30.69B
CurrentLiabilities58.78B51.50B46.76B39.11B
CurrentDeferredLiabilities21.61B18.62B17.18B14.60B
CurrentDeferredRevenue21.61B18.62B17.18B14.60B
CurrentDebtAndCapitalLeaseObligation3.62B2.54B1.47B1.22B
CurrentDebt3.62B2.54B1.47B1.22B
OtherCurrentBorrowings696.00M158.00M
CommercialPaper524.00M0.00
PensionandOtherPostRetirementBenefitPlansCurrent3.31B2.62B2.49B2.40B
PayablesAndAccruedExpenses30.25B27.73B25.61B20.89B
CurrentAccruedExpenses14.35B14.83B14.92B11.00B
Payables15.89B12.90B10.70B9.90B
AccountsPayable15.89B12.90B10.70B9.90B
TotalAssets171.08B162.86B161.87B158.86B
TotalNonCurrentAssets110.75B111.73B113.45B116.42B
OtherNonCurrentAssets4.67B5.30B4.58B6.16B
InvestmentsAndAdvances2.13B2.25B2.39B2.60B
InvestmentinFinancialAssets2.13B2.25B2.39B2.60B
AvailableForSaleSecurities2.13B2.25B2.39B2.60B
GoodwillAndOtherIntangibleAssets85.19B86.23B89.10B90.66B
OtherIntangibleAssets31.84B33.44B35.40B36.82B
Goodwill53.34B52.79B53.70B53.84B
NetPPE18.75B17.95B17.39B17.00B
AccumulatedDepreciation-18.47B-16.69B-15.64B-13.95B
GrossPPE37.22B34.65B33.03B30.95B
ConstructionInProgress3.87B3.73B
OtherProperties1.89B1.86B5.23B5.20B
MachineryFurnitureEquipment21.57B19.74B18.90B17.48B
BuildingsAndImprovements9.19B8.62B8.15B7.52B
LandAndImprovements710.00M695.00M743.00M744.00M
Properties0.000.000.000.00
CurrentAssets60.33B51.13B48.42B42.44B
OtherCurrentAssets7.74B7.24B7.08B4.96B
Inventory13.36B12.77B11.78B10.62B
FinishedGoods4.14B4.11B3.70B3.30B
WorkInProcess4.55B4.49B4.16B3.84B
RawMaterials4.67B4.16B3.91B3.48B
Receivables31.79B25.55B22.98B20.64B
OtherReceivables17.09B14.57B12.14B11.53B
AccountsReceivable14.70B10.98B10.84B9.11B
AllowanceForDoubtfulAccountsReceivable-340.00M-289.00M-316.00M-452.00M
GrossAccountsReceivable15.04B11.27B11.15B9.56B
CashCashEquivalentsAndShortTermInvestments7.43B5.58B6.59B6.22B
CashAndCashEquivalents7.43B5.58B6.59B6.22B
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow7.45B3.92B4.72B4.39B
RepurchaseOfCapitalStock-50.00M-444.00M-12.87B-2.80B
RepaymentOfDebt-3.43B-2.50B-10.58B-3.00M
IssuanceOfDebt0.000.0022.91B1.00M
CapitalExpenditure-3.12B-3.24B-3.17B-2.77B
InterestPaidSupplementalData1.86B1.94B1.46B1.26B
IncomeTaxPaidSupplementalData1.61B1.18B1.53B2.40B
EndCashPosition7.43B5.58B6.59B6.22B
OtherCashAdjustmentOutsideChangeinCash-35.00M-28.00M-39.00M-71.00M
BeginningCashPosition5.61B6.63B6.29B7.85B
EffectOfExchangeRateChanges48.00M-28.00M18.00M-42.00M
ChangesInCash1.82B-992.00M317.00M-1.52B
FinancingCashFlow-7.49B-6.62B-4.53B-5.86B
CashFromDiscontinuedFinancingActivities0.000.000.00
CashFlowFromContinuingFinancingActivities-7.49B-6.62B-4.53B-5.86B
NetOtherFinancingCharges-433.00M-456.00M-230.00M-415.00M
ProceedsFromStockOptionExercised7.00M
CashDividendsPaid-3.57B-3.22B-3.24B-3.13B
CommonStockDividendPaid-3.57B-3.22B-3.24B-3.13B
NetCommonStockIssuance-50.00M-444.00M-12.87B-2.80B
CommonStockPayments-50.00M-444.00M-12.87B-2.80B
NetIssuancePaymentsOfDebt-3.43B-2.50B11.81B487.00M
NetShortTermDebtIssuance0.000.00-524.00M489.00M
NetLongTermDebtIssuance-3.43B-2.50B12.34B-2.00M
LongTermDebtPayments-3.43B-2.50B-10.58B-3.00M
LongTermDebtIssuance0.000.0022.91B1.00M
InvestingCashFlow-1.26B-1.53B-3.04B-2.83B
CashFromDiscontinuedInvestingActivities0.000.000.00
CashFlowFromContinuingInvestingActivities-1.26B-1.53B-3.04B-2.83B
NetOtherInvestingChanges-123.00M65.00M12.00M94.00M
NetInvestmentPurchaseAndSale46.00M-158.00M109.00M-176.00M
SaleOfInvestment279.00M202.00M226.00M179.00M
PurchaseOfInvestment-233.00M-360.00M-117.00M-355.00M
NetBusinessPurchaseAndSale1.93B1.79B6.00M28.00M
SaleOfBusiness1.93B1.79B6.00M94.00M
PurchaseOfBusiness0.000.00-66.00M-1.09B
NetIntangiblesPurchaseAndSale-492.00M-611.00M-751.00M-487.00M
PurchaseOfIntangibles-492.00M-611.00M-751.00M-487.00M
CapitalExpenditureReported-2.63B-2.62B-2.42B-2.29B
OperatingCashFlow10.57B7.16B7.88B7.17B
CashFromDiscontinuedOperatingActivities0.000.00-71.00M
CashFlowFromContinuingOperatingActivities10.57B7.16B7.88B7.17B
ChangeInWorkingCapital-1.27B-1.08B1.51B522.00M
ChangeInOtherWorkingCapital2.77B1.87B2.32B846.00M
ChangeInOtherCurrentAssets-1.05B-402.00M-1.16B-1.03B
ChangeInPayablesAndAccruedExpense3.42B1.51B4.02B2.08B
ChangeInInventory-532.00M-1.47B-1.10B-1.57B
ChangeInReceivables-5.88B-2.59B-2.56B203.00M
ChangesInAccountReceivables-3.23B-175.00M-1.80B437.00M
OtherNonCashItems-476.00M-135.00M48.00M-133.00M
StockBasedCompensation1.09B790.00M686.00M420.00M
AssetImpairmentCharge0.000.00
DeferredTax789.00M-47.00M-402.00M-1.66B
DeferredIncomeTax789.00M-47.00M-402.00M-1.66B
DepreciationAmortizationDepletion4.38B4.36B4.21B4.11B
DepreciationAndAmortization4.38B4.36B4.21B4.11B
OperatingGainsLosses-1.01B-1.74B-1.55B-1.41B
PensionAndEmployeeBenefitExpense-1.01B-1.33B-1.55B-1.41B
GainLossOnSaleOfBusiness0.00-415.00M0.000.00
NetIncomeFromContinuingOperations7.07B5.01B3.38B5.33B
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RTX
Date User Asset Broker Type Position Size Entry Price Patterns