RTX RTX
- Market cap
- $257.4B
- PE
- 31.0×
- 10y median 28.9×
- Forward PE
- 24.7×
- 10y median 19.8×
- Price to sales
- 2.7×
- EV/EBIT
- 25.4×
- Revenue, 12 months
- $96B
- +12% on a year ago
- Net margin
- n/m
- Q3 FY26 missing
- Free cash flow yield
- n/m
- Q3 FY26 missing
RTX trades at 31.0× trailing earnings, near its ten-year median. Revenue was $96B over the last twelve months, up 12% on a year earlier.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $19.9B+10% | $19.3B+12% | $19.7B+8% | $20.1B+49% | $21.6B+9% | $20.3B+5% | $21.6B+9% | $22.5B+12% | $24.2B+12% | $22.1B+9% | $24.7B+15% | $25B+11% | |
| Cost of revenue | $15.9B+10% | $15.7B+15% | $16.1B+11% | $16.1B+26% | $17.4B+9% | $16.2B+3% | $17.2B+7% | $17.9B+12% | $19.5B+12% | $17.5B+8% | $19.6B+14% | $19.2B+7% |
| Gross profit | $4B+12% | $3.6B−0% | $3.6B−6% | $4B+465% | $4.2B+6% | $4.1B+16% | $4.4B+22% | $4.6B+14% | $4.7B+11% | $4.6B+12% | $5.1B+17% | n/a |
| R&D | $757M+6% | $669M+10% | $706M−3% | $751M+6% | $808M+7% | $637M−5% | $697M−1% | $684M−9% | $789M−2% | $627M−2% | $726M+4% | n/a |
| SG&A | $1.4B+5% | $1.4B+2% | $1.4B−9% | $1.4B−1% | $1.6B+9% | $1.4B+4% | $1.6B+9% | $1.4B+3% | $1.6B+4% | $1.5B+2% | $1.7B+5% | $1.9B+34% |
| $1.8B+18% | $1.9B+11% | $529M−65% | $2B | $2.1B+19% | $2B+9% | $2.1B+306% | $2.5B+24% | $2.6B+23% | $2.6B+26% | $2.8B+31% | $3.3B+32% | |
| Interest expense | $488M+54% | $405M+29% | $475M+43% | $496M+34% | $486M−0% | $443M+9% | $457M−4% | $449M−10% | $400M−18% | $390M−12% | $417M−9% | n/a |
| Pre-tax income | $1.7B+5% | $1.9B+2% | $428M−73% | $1.9B | $2B+16% | $2B+6% | $2B+377% | $2.4B+28% | $2.3B+14% | $2.5B+29% | $2.7B+34% | $3.3B+35% |
| $262M+44% | $108M−68% | $253M+2% | $371M | $449M+71% | $333M+208% | $315M+25% | $432M+16% | $584M+30% | $363M+9% | $493M+57% | n/a | |
| Net income | $1.4B+0% | $1.7B+20% | $111M−92% | $1.5B | $1.5B+4% | $1.5B−10% | $1.7B+1393% | $1.9B+30% | $1.6B+9% | $2.1B+34% | $2.1B+29% | n/a |
| $1.05+9% | $1.28+32% | $0.08−91% | $1.09 | $1.10+5% | $1.14−11% | $1.22+1425% | $1.41+29% | $1.19+8% | $1.51+33% | $1.57+29% | $1.89+34% | |
| 1.4B−8% | 1.3B−9% | 1.3B−9% | 1.3B−7% | 1.3B−1% | 1.4B+1% | 1.4B+1% | 1.4B+1% | 1.4B+1% | 1.4B+1% | 1.4B+1% | 1.4B+1% |
Gross profit: 73 periods, Q2 FY08 to Q2 FY26: not printed by the filing, worked out from its own lines.
Net income: 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
EPS, diluted: Q4 FY08 and Q1 FY16: quarter's net income to common over its shares, to the cent. 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
Diluted shares: 12 periods, Q4 FY08 to Q4 FY20: share-days: the 12-month average less the 9-month, weighted by days. 6 periods, Q4 FY09 to Q4 FY25: printed in the fourth-quarter results release.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet. Figures from older filings without data tags, and from a results release before its 10-Q, are read from the document's text and checked against it.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q4 FY26 | $25.8B | $25.5B to $26B | $1.84 | $1.76 to $1.88 | 11 |
| Q1 FY27 | $23.7B | $23.6B to $23.9B | $1.81 | $1.80 to $1.82 | 5 |
| Q2 FY27 | $26.3B | $25.9B to $26.6B | $2.01 | $1.97 to $2.05 | 3 |
| Q3 FY27 | $26.5B | $26.1B to $26.8B | $2.08 | $2.04 to $2.12 | 3 |
| Q4 FY27 | $27.8B | $27.3B to $28.1B | $2.19 | $2.15 to $2.23 | 3 |
| Q1 FY28 | $25.6B | $25.2B to $25.9B | $2.05 | $2.01 to $2.09 | 4 |
| Q2 FY28 | $28.7B | $28.2B to $29B | $2.31 | $2.27 to $2.35 | 4 |
| Q3 FY28 | $28.9B | $28.5B to $29.3B | $2.36 | $2.31 to $2.40 | 4 |
Peers
Companies in Aerospace & Defense nearest RTX's size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| RTXRTX | $257.4B | 31.0× | 28.9× | 24.7× | 2.7× | +12% | n/m |
| GEGE Aerospace | $296.4B | 32.5× | 19.6× | 32.2× | 5.6× | +20% | 17.5% |
| BABoeing | $148.9B | 81.5× | 24.0× | 197× | 1.6× | +25% | 2.6% |
| LMTLockheed Martin | $139.4B | 21.5× | 18.7× | 19.2× | 1.8× | +8% | 8.2% |
| GDGeneral Dynamics | $94.5B | 21.3× | 19.4× | 20.0× | 1.7× | +9% | 8.2% |
| NOCNorthrop Grumman | $78.3B | 17.5× | 19.5× | 18.9× | 1.8× | +6% | 10.5% |
| HWMHowmet Aerospace | $74.1B | 40.1× | 40.9× | 31.5× | 8.1× | +18% | 20.5% |
| TDGTransDigm | $61.1B | 33.5× | 42.3× | 23.6× | 6.1× | +17% | 21.3% |
| HONAHoneywell Aerospace | $51.8B | n/m | n/a | 20.1× | n/m | n/m | n/m |
| LHXL3Harris Technologies | $47.3B | 25.6× | 30.1× | 20.6× | n/m | n/m | n/m |
| HEIHEICO | $41.6B | 49.5× | 59.3× | 42.8× | 8.0× | +21% | 16.4% |
| Peer median | $76.2B | 32.5× | 24.0× | 22.1× | 3.7× | +17% | 13.4% |
Investors who own it
Investors we follow who held RTX at the end of Jun 30, 2026, from their 13F filings.
- Lee AinslieMaverick Capital2.7% of portfolioadded
- Tom GaynerMarkel Group0.3% of portfolio
More on RTX
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #8of 24Aerospace and defense stocks cheapest against their own PE history
- #7of 14Aerospace and defense stocks with the lowest forward PE
- #8of 12Aerospace and defense stocks with the fastest expected revenue growth
Its groups
About
- Industry
- Aerospace & Defense
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .