RTX Corporation (RTX)

Industrials · $270B market cap · SEC CIK 0000101829

Next reports on Apr 19, 2027, with analysts expecting $1.83 in earnings per share.

52-week range $166.74 to $226.88. 12% below its 52-week high and 20% above its low.

The case for RTX

• Revenue growing 11.6% year over year.
• Earnings per share up 26.4%.
• Pays a 3.0% dividend while you wait.
• Moves less than the market (beta 0.29).

The case against

• Profitability is weak (35/100): return on equity 13%, net margin 8.8%, gross margin 21%, 118% of profit turned to cash.
• Weakest against its peers: return on equity of 13% is lower than 84% of Industrials companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Industrials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 79 Industrials companies.

The financials

The financials, five years deep

Pulled from RTX Corporation's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What RTX Corporation says it does

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. The following description of our business should be read in conjunction with “Management’s Discussion and Analysis of Financial Condition and Results of Operations” within Item 7 of this Form 10-K, including the information contained therein…

Risk factors RTX lists in its 10-K

• Changes in U.S. government defense spending could negatively impact our financial position, results of operations, liquidity, and overall business
• We face risks relating to our U.S. government contracts and programs, including the mix of our U.S. government contracts and programs, our performance, and our ability to control costs
• Our international business is subject to economic, regulatory, competition, and other risks
• Geopolitical factors and changes in policies and regulations could adversely affect our business
• Our financial performance is dependent on the condition of the aerospace industry
• We design, manufacture, and service products that incorporate advanced technologies; the introduction of new products and technologies involves risks, and we may not realize the degree or timing of benefits initially anticipated
• Competition may reduce our revenues and margins and limit our future opportunities
• Our business and financial performance may be adversely affected by cyber-attacks on information technology (IT) infrastructure and products, as well as changes in cybersecurity regulations
• Due to the nature of our products and services, a product safety failure, quality issue, or other failure affecting our or our customers’ or suppliers’ products or systems could seriously harm our business
• We depend on the recruitment and retention of qualified personnel, and our failure to attract, train, and retain such personnel could seriously harm our business
• Exports and imports of certain of our products are subject to various export control, sanctions, and import regulations and may require authorization from regulatory agencies of the U.S. or other countries
• As a U.S. government contractor, we are subject to risks relating to U.S. government audits, investigations, and disputes
• A violation by Raytheon Company or the Company of any one of the deferred prosecution agreements or Securities and Exchange Commission (SEC) administrative order announced on October 16, 2024 could adversely affect our business
• We are subject to litigation, environmental, anti-corruption, and other legal and compliance risks
• Our debt levels and related debt service obligations could negatively impact our intended capital allocation, and we may be unable to obtain debt at competitive rates, on commercially reasonable terms, or in sufficient amounts
• We use estimates in accounting for many of our programs, and changes in our estimates could adversely affect our future financial results
• Additional tax expense or exposures could affect our future profitability
• Goodwill and other intangible assets represent a significant portion of our assets, and any impairment of these assets could negatively impact our results of operations and financial condition
• Quarterly cash dividends and share repurchases are subject to uncertainties and may affect our common stock price
• We face certain significant risk exposures and potential liabilities that may not be adequately covered by indemnity or insurance
• We may be unable to realize expected benefits from strategic initiatives

Filings

Other Industrials companies