RTX Corp
RTX· NYSE· Aircraft Engines & Engine Parts
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 9.0%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +9.4%
We record prices for the companies we cover; RTX is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 1.36B
- Revenue
- $88.6B
- Free cash flow
- $7.9B
- Owner earnings
- $7.4B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 10.5%
- Net
- 7.6%
- Free cash flow
- 9.0%
- Owner earnings
- 8.4%
- Stock pay
- 0.6%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 10.3%
- ROE, 5 yr avg
- 7.2%
Growth (CAGR)
- Revenue, 3 yr
- 9.7%
- Revenue, 5 yr
- 9.4%
- Revenue, 9 yr
- 5.0%
- Diluted EPS, 3 yr
- 12.3%
- Diluted EPS, 5 yr
- –
- Diluted EPS, 9 yr
- -2.3%
- Free cash flow, 3 yr
- 17.6%
- Free cash flow, 5 yr
- 25.6%
- Free cash flow, 9 yr
- 6.0%
Financial health · FY2025
- Cash and investments
- $8.2B
- Total debt
- –
- Net cash
- –
- Debt/Equity
- –
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 53.1%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- 0.0%
Financials: ten years from the 10-Ks
Revenue
$88.6B
+5.0% a year over 9 years
FY2016FY2025
Margins
Operating10.5%Net7.6%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$7.9BOwner earnings$7.4B
Free cash flow +6.0% a year
FY2016FY2025
Diluted shares
1.36B
+64.2% over 9 years, net dilution
FY2016FY2025
Return on invested capital
–
FY2025
FY2016FY2025
Net debt (below zero)
–
$34.9B more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $57.2B | $59.8B | $34.7B | $45.3B | $56.6B | $64.4B | $67.1B | $68.9B | $80.7B | $88.6B |
| Revenue growth | 2.0% | 4.5% | -42.0% | 30.7% | 24.8% | 13.8% | 4.2% | 2.8% | 17.1% | 9.7% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | 14.4% | 13.6% | 8.3% | 10.8% | -3.3% | 8.0% | 8.2% | 5.2% | 8.1% | 10.5% |
| Net income | $5.1B | $4.6B | $5.3B | $5.5B | -$3.5B | $3.9B | $5.2B | $3.2B | $4.8B | $6.7B |
| Net margin | 8.8% | 7.6% | 15.2% | 12.2% | -6.2% | 6.0% | 7.7% | 4.6% | 5.9% | 7.6% |
| Diluted EPS | $6.12 | $5.70 | $6.50 | $6.41 | $-2.59 | $2.56 | $3.50 | $2.23 | $3.55 | $4.96 |
| Return on invested capital? | 14.0% | 10.7% | 2.0% | 5.5% | – | 4.4% | 4.9% | 3.3% | 5.6% | – |
| Cash | ||||||||||
| Operating cash flow | $6.4B | $5.6B | $2.7B | $5.8B | $4.3B | $7.1B | $7.2B | $7.9B | $7.2B | $10.6B |
| Capital expenditure | $1.7B | $2.0B | $1.5B | $1.9B | $1.8B | $2.1B | $2.3B | $2.4B | $2.6B | $2.6B |
| Free cash flow | $4.7B | $3.6B | $1.2B | $4.0B | $2.5B | $5.0B | $4.9B | $5.5B | $4.5B | $7.9B |
| Stock-based compensation | $152.0M | $192.0M | $169.0M | $268.0M | $330.0M | $442.0M | $420.0M | $425.0M | $437.0M | $519.0M |
| Owner earnings? | $4.6B | $3.4B | $1.0B | $3.7B | $2.2B | $4.6B | $4.5B | $5.0B | $4.1B | $7.4B |
| Free cash flow per share | $5.71 | $4.53 | $1.49 | $4.58 | $1.87 | $3.32 | $3.28 | $3.81 | $3.37 | $5.85 |
| Capital allocation | ||||||||||
| Dividends paid | $2.1B | $2.1B | $2.2B | $2.4B | $2.7B | $3.0B | $3.1B | $3.2B | $3.2B | $3.6B |
| Share repurchases | $2.3B | $1.5B | $325.0M | $151.0M | $47.0M | $2.3B | $2.8B | $12.9B | $444.0M | $50.0M |
| Diluted shares | 826.1M | 799.1M | 810.1M | 863.9M | 1.36B | 1.51B | 1.49B | 1.44B | 1.34B | 1.36B |
| Share count change? | -6.5% | -3.3% | 1.4% | 6.6% | 57.2% | 11.1% | -1.5% | -3.4% | -6.4% | 1.0% |
| Balance sheet | ||||||||||
| Cash and equivalents | $7.2B | $9.0B | $3.7B | $4.9B | $8.8B | $7.8B | $6.2B | $6.6B | $5.6B | $7.4B |
| Short-term investments | – | – | – | $0 | $881.0M | $965.0M | $774.0M | $745.0M | $786.0M | $750.0M |
| Total debt | $24.4B | $27.8B | $46.8B | $43.3B | $32.0B | $31.5B | $32.4B | $43.8B | $41.3B | – |
| Net debt | $17.3B | $18.8B | $43.1B | $38.3B | $22.3B | $22.7B | $25.4B | $36.5B | $34.9B | – |
| Shareholders' equity | $27.6B | $29.6B | $38.4B | $41.8B | $72.2B | $73.1B | $72.6B | $59.8B | $60.2B | $65.2B |
Latest filings
| 2026-10-20 | 10-Q | Quarterly report |
| 2026-10-20 | 8-K | Earnings release |
| 2026-07-23 | 10-Q | Quarterly report |
| 2026-07-23 | 8-K | Earnings release |
| 2026-04-21 | 10-Q | Quarterly report |
| 2026-04-21 | 8-K | Earnings release |
| 2026-03-09 | DEF 14A | Proxy statement |
| 2026-02-06 | 10-K | Annual report |
| 2026-01-27 | 8-K | Earnings release |
| 2025-10-21 | 10-Q | Quarterly report |
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