Financials RTX Corporation

Equities

RTX

US75513E1010

Aerospace & Defense

Market Closed - Nyse 04:00:03 2024-07-12 pm EDT 5-day change 1st Jan Change
101.3 USD -0.42% Intraday chart for RTX Corporation +0.92% +20.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 127,850 107,863 129,019 148,530 120,714 134,433 - -
Enterprise Value (EV) 1 164,120 130,884 152,648 174,224 157,954 169,042 166,386 163,994
P/E ratio 23.4 x -27.6 x 33.6 x 28.8 x 37.7 x 23.5 x 20.6 x 18.1 x
Yield 1.96% 3.02% 2.33% 2.14% - 2.45% 2.61% 2.83%
Capitalization / Revenue 1.66 x 1.7 x 2 x 2.21 x 1.75 x 1.7 x 1.61 x 1.52 x
EV / Revenue 2.13 x 2.06 x 2.37 x 2.6 x 2.29 x 2.14 x 1.99 x 1.85 x
EV / EBITDA 11.5 x 12.8 x 12.9 x 14.6 x 12.1 x 13.4 x 12.4 x 11.3 x
EV / FCF 24.8 x 51.5 x 30.5 x 35.7 x 28.9 x 29.7 x 24.1 x 19.7 x
FCF Yield 4.04% 1.94% 3.28% 2.8% 3.46% 3.37% 4.16% 5.08%
Price to Book 3.07 x 1.51 x 1.76 x 2.04 x - 2.14 x 2.02 x 1.94 x
Nbr of stocks (in thousands) 853,698 1,508,369 1,499,176 1,471,758 1,434,680 1,327,345 - -
Reference price 2 149.8 71.51 86.06 100.9 84.14 101.3 101.3 101.3
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 77,046 63,437 64,388 67,074 68,920 78,864 83,602 88,541
EBITDA 1 14,291 10,204 11,820 11,931 13,106 12,618 13,440 14,459
EBIT 1 10,508 5,796 7,263 7,823 8,895 9,684 10,921 12,025
Operating Margin 13.64% 9.14% 11.28% 11.66% 12.91% 12.28% 13.06% 13.58%
Earnings before Tax (EBT) 1 8,243 -2,353 4,931 6,027 3,836 7,312 8,398 9,238
Net income 1 5,537 -3,519 3,864 5,197 3,195 5,979 6,699 7,442
Net margin 7.19% -5.55% 6% 7.75% 4.64% 7.58% 8.01% 8.4%
EPS 2 6.410 -2.590 2.560 3.500 2.230 4.307 4.913 5.591
Free Cash Flow 1 6,627 2,539 5,008 4,880 5,468 5,693 6,915 8,330
FCF margin 8.6% 4% 7.78% 7.28% 7.93% 7.22% 8.27% 9.41%
FCF Conversion (EBITDA) 46.37% 24.88% 42.37% 40.9% 41.72% 45.12% 51.45% 57.61%
FCF Conversion (Net income) 119.69% - 129.61% 93.9% 171.14% 95.22% 103.22% 111.94%
Dividend per Share 2 2.940 2.160 2.005 2.160 - 2.482 2.643 2.871
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 17,044 15,716 16,314 16,951 18,093 17,214 18,315 13,464 19,927 19,305 19,241 19,807 20,632 20,275 20,438
EBITDA 1 3,005 2,912 2,881 3,033 3,105 3,152 3,252 3,302 3,330 3,351 3,012 3,132 3,290 3,217 3,184
EBIT 1 1,861 1,898 1,882 1,986 2,057 2,118 2,208 2,228 2,271 2,292 2,331 2,473 2,593 2,565 2,660
Operating Margin 10.92% 12.08% 11.54% 11.72% 11.37% 12.3% 12.06% 16.55% 11.4% 11.87% 12.11% 12.49% 12.57% 12.65% 13.01%
Earnings before Tax (EBT) 1 867 1,242 1,498 1,637 1,650 1,781 1,572 -1,322 1,735 1,851 1,753 1,783 1,945 2,003 2,122
Net income 1 686 1,084 1,304 1,387 1,422 1,426 1,327 -984 1,426 1,709 1,382 1,393 1,401 1,549 1,697
Net margin 4.02% 6.9% 7.99% 8.18% 7.86% 8.28% 7.25% -7.31% 7.16% 8.85% 7.18% 7.03% 6.79% 7.64% 8.3%
EPS 2 0.4600 0.7200 0.8800 0.9400 0.9600 0.9700 0.9100 -0.6800 1.050 1.280 1.018 1.037 1.020 1.119 1.222
Dividend per Share 2 0.5100 0.5100 1.100 0.5500 - 0.5500 - - - 0.5900 0.6318 0.6318 0.6298 0.6297 0.6702
Announcement Date 1/25/22 4/26/22 7/26/22 10/25/22 1/24/23 4/25/23 7/25/23 10/24/23 1/23/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 36,270 23,021 23,629 25,694 37,240 34,609 31,953 29,560
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.538 x 2.256 x 1.999 x 2.154 x 2.841 x 2.743 x 2.377 x 2.044 x
Free Cash Flow 1 6,627 2,539 5,008 4,880 5,468 5,693 6,915 8,330
ROE (net income / shareholders' equity) 17.8% 7.26% 5.32% 7.13% 11% 11.9% 12.5% 13.7%
ROA (Net income/ Total Assets) 5.21% 2.74% 2.39% 3.25% 1.99% 4.12% 4.41% 4.63%
Assets 1 106,274 -128,346 161,775 160,134 160,367 145,245 151,847 160,649
Book Value Per Share 2 48.90 47.50 49.00 49.50 - 47.40 50.00 52.20
Cash Flow per Share 2 10.30 3.190 4.730 4.820 5.490 6.950 7.730 8.040
Capex 1 2,256 1,795 2,134 2,288 2,415 2,534 2,647 2,601
Capex / Sales 2.93% 2.83% 3.31% 3.41% 3.5% 3.21% 3.17% 2.94%
Announcement Date 1/28/20 1/26/21 1/25/22 1/24/23 1/23/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
101.3 USD
Average target price
107.3 USD
Spread / Average Target
+5.97%
Consensus
  1. Stock Market
  2. Equities
  3. RTX Stock
  4. Financials RTX Corporation