RTX

MKT CAP:$233B

RTX Corporation

Market Cap

$233B

Industrials·Aerospace & Defense·🇺🇸 United States·NYSE

Industrials·Aerospace·🇺🇸·NYSE

Stock Price

$173.12-$14.13 (-7.55%)

Apr 24, 2026

Company Details

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt &...

CEO

Christopher T. Calio

IPO Date

Sep 15, 1952

Website

www.rtx.com

Key Metrics TTM

Revenue

$72.3B

— YoY

Net Income

$4.5B

EPS (Diluted)

$3.18

Free Cash Flow

$2.7B

Revenue / Share

$53.86

Gross Margin

19.5%

Operating Margin

7.9%

Net Margin

6.2%

FCF Margin

3.7%

P/S

3.2x

P/E

51.7x

Earnings Reports

Q2 2024

Jul 25, 2024

$19.7BEPS $0.08

Q1 2024

Apr 23, 2024

$19.3BEPS $1.28

FY 2023

Feb 5, 2024

$68.9BEPS $2.23

Q3 2022

Oct 25, 2022

$17.0BEPS $0.94

Q2 2022

Jul 26, 2022

$16.3BEPS $0.88

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$14.1B	$2.1B	-$135M
Q2 22	$16.3B	$3.5B	$1.3B
Q3 22	$17.0B	$3.5B	$1.4B
Q1 24	$19.3B	$3.6B	$1.5B
Q2 24	$19.7B	$3.6B	$1.4B

Valuation

Quarter	P/S	P/E
Q2 20	—	—
Q2 22	—	—
Q3 22	—	—
Q1 24	2.0x	230.4x
Q2 24	1.8x	29.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 20	$21M	-$465M
Q2 22	$1.3B	$766M
Q3 22	$778M	$185M
Q1 24	$342M	-$288M
Q2 24	$2.7B	$2.0B

Capital Expenditures

Quarter	CapEx
Q2 20	$486M
Q2 22	$520M
Q3 22	$593M
Q1 24	$630M
Q2 24	$692M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 24	+40.0%	+28.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 20	$72M	0.5%
Q2 22	$109M	0.7%
Q3 22	$106M	0.6%
Q1 24	$194M	1.0%
Q2 24	$29M	0.1%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 20	$695M	$1.5B
Q2 22	$698M	$1.4B
Q3 22	$662M	$1.4B
Q1 24	$669M	$1.4B
Q2 24	$706M	$1.4B

Revenue Segments

Quarter	Collins Aerospace Systems	Pratt and Whitney	Raytheon Intelligence & Space
Q2 20	$4.2B	$3.5B	$6.9B
Q2 22	$5.0B	$5.0B	$7.1B
Q3 22	$5.1B	$5.4B	$7.3B
Q1 24	$6.7B	$6.5B	$6.7B
Q2 24	$7.0B	$6.8B	$6.5B

Revenue by Geography

Quarter	Asia Pacific	Europe	Middle East And North Africa	Other	United States
Q2 20	$1.7B	$1.8B	$1.1B	$337M	$9.2B
Q2 22	$1.8B	$2.7B	$869M	$774M	$10.2B
Q3 22	$2.2B	$2.7B	$728M	$728M	$10.4B
Q1 24	$2.4B	$3.8B	$849M	$835M	$11.4B
Q2 24	$2.7B	$3.6B	$791M	$1.1B	$11.6B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$4.8B	$0	$4.8B
Q3 22	$5.4B	$0	$5.4B
Q4 22	$6.2B	$0	$6.2B
Q1 23	$5.9B	$0	$5.9B
Q2 23	$5.4B	$0	$5.4B
Q3 23	$5.5B	$0	$5.5B
Q4 23	$6.6B	$0	$6.6B
Q1 24	$5.6B	$0	$5.6B
Q2 24	$6.0B	$0	$6.0B
Q3 24	$6.7B	$0	$6.7B
Q4 24	$5.6B	$0	$5.6B
Q1 25	$5.2B	$0	$5.2B
Q2 25	$4.8B	$0	$4.8B
Q3 25	$6.0B	$0	$6.0B
Q4 25	$7.4B	$0	$7.4B
Q1 26	$6.8B	$0	$6.8B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	1.50B	—	—
Q2 22	1.49B	-0.8%	—
Q3 22	1.48B	-0.7%	—
Q1 24	1.34B	-9.6%	—
Q2 24	1.34B	+0.4%	-10.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 20	$57.9K	243K
Q2 22	$93.8K	174K
Q3 22	$97.4K	174K
Q1 24	$104.4K	185K
Q2 24	$106.6K	185K

Revenue / Employee