COMPOSITE RISK SCORE
52
MODERATE
VAL:16/25 · FIN:10/25 · GRO:18/25 · TECH:8/25
📖 P/B RATIO
3.6x
Price to Book
🏛 MARKET CAP
$232.8B
Large Cap
📊 ROE
11.6%
Return on Equity
Overview
Technical
Financials
Analysis
Verdict
🏢 Company Analysis · RTX Corporation
💼 BUSINESS MODEL
RTX Corporation, an aerospace and defense company, provides systems and services for commercial, military, and government customers worldwide.. It operates through three segments: Collins Aerospace (Collins), Pratt & Whitney, and Raytheon.. The Collins segment offers aerospace and defense products, and aftermarket services for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.. This segment designs, manufactures, and supplies electric power generation and management and distribution, environmental control, flight control, air data and aircraft sensing, engine control, and engine nacelle systems, as well as engine components; cabin interiors, including seating, oxygen, food and beverage preparation, storage and galley, lavatory, and wastewater management systems; connected aviation solutions and services; and systems solutions for connected battlespace, test and training range systems, crew escape systems, and simulation and training.. Operates in Aerospace & Defense within the Industrials sector. Workforce of 180,000 employees.
🏰 MOAT & COMPETITION
Mega-cap ($233B) — dominant market position with significant scale advantages.
🚀 CATALYSTS
RTX Corporation (RTX) is Attracting Investor Attention: Here is What You Should Know (Zacks) Earnings growth of 32% signals execution on profitability.
⚖️ ASYMMETRY CHECK
Analyst target range: $179 — $242 (mean $215, 22 analysts). Favorable asymmetry — upside potential of +40% vs downside floor of +4% (11.3x reward-to-risk).P/E of 32.5x — fair value territory; catalysts needed for re-rating.
🔭 FUTURE OUTLOOK
Analyst consensus: Buy (22 analysts). Latest quarter earnings grew 34% YoY — positive trajectory.
P/E at 32x
P/B at 3.6x
Analyst target: $215.20 (+24.5%)
1Y return: +39.8%
ROE: 11.6%
Profit margin: 8.0%
Revenue growth: 8.7%
Debt/Equity: 57%
Revenue growth: 8.7%
Earnings growth: 32.5%
Beta: 0.43
Sector: Industrials
RSI, MACD, MA crossovers
200 DMA & 50 EMA position
Volume trend analysis
Price momentum signals
📈 Price Movement
1D 1W 1M
6M 1Y 3Y 5Y
🕯 Candlestick Chart
1D 1W 1M
6M 1Y 3Y 5Y
🎯 Price Prediction · Analyst Target Cone
📉 Valuation Trends (at current CMP)
P/E P/B MCap/Sales EPS
89.1
74.2
59.4
44.5
29.6
2022
2023
2024
2025
2022: 49.4 2023: 77.5 2024: 48.7 2025: 34.8 34.8
4.5
4.0
3.6
3.2
2.7
2022
2023
2024
2025
2022: 3.2 2023: 3.9 2024: 3.9 2025: 3.6 3.6
4.0
3.6
3.1
2.7
2.2
2022
2023
2024
2025
2022: 3.5 2023: 3.4 2024: 2.9 2025: 2.6 2.6
5.7
4.8
3.8
2.8
1.9
2022
2023
2024
2025
2022: 3.5 2023: 2.2 2024: 3.5 2025: 5.0 5.0
💎 Valuation & Financial Metrics
P/E RATIO
32.5x
Trailing twelve months
P/B RATIO
3.6x
Price to Book value
PROFIT MARGIN
8.0%
Net profit margin
OPM
13.2%
Operating profit margin
ANALYST TARGET
$215.20
Range: $179.00 - $242.00
PEG RATIO
2.46
Price/Earnings to Growth
EV/EBITDA
17.7x
Enterprise value ratio
CURRENT RATIO
1.02
Liquidity measure
DIVIDEND YIELD
1.55%
Annual yield
GROSS MARGIN
20.2%
Gross profit margin
SECTOR BENCHMARKS — AEROSPACE & DEFENSE
P/E (fair) 30.0x (sector mid)
P/B (fair) 5.0x (sector mid)
ROE (good) 20% (sector target)
OPM (good) 20% (sector target)
D/E comfort <30 (sector)
📋 Quarterly Performance Trend
Quarter Revenue QoQ % Net Profit QoQ % Op. Cash Flow EBITDA Margin
Q1 '25
$20.3B —
$1.5B —
$1.3B
17.3%
Q2 '25
$21.6B +6.3%
$1.7B +7.9%
$458.0M
16.7%
Q3 '25
$22.5B +4.2%
$1.9B +15.8%
$4.6B
17.8%
Q4 '25
$24.2B +7.8%
$1.6B -15.4%
$4.2B
15.8%
Q1 '26
$22.1B -8.9%
$2.1B +26.9%
$1.9B
18.1%
📊 Year-on-Year Trend
FY Revenue YoY % Net Profit YoY % Op. Cash Flow YoY %
2021
N/A —
N/A —
N/A —
2022
$67.1B —
$5.2B —
$7.2B —
2023
$68.9B +2.8%
$3.2B -38.5%
$7.9B +10.0%
2024
$80.7B +17.1%
$4.8B +49.4%
$7.2B -9.2%
2025
$88.6B +9.7%
$6.7B +41.0%
$10.6B +47.6%
📈 Revenue vs Earnings
Quarterly
Annual
💰 How RTX Corporation Makes Its Money
Quarterly
Annual
Revenue
$22.1B
Cost of Revenue
$17.5B
Gross Profit
$4.6B
R&D
$627M
SG&A
$1.5B
Operating Inc.
$2.6B
Tax
$363M
Interest
$406M
Other
$347M
Net Income
$2.1B
(9.3% margin)
Mar 2026 · All values in $ Millions
Revenue
$24.2B
Cost of Revenue
$19.5B
Gross Profit
$4.7B
R&D
$789M
SG&A
$1.6B
Operating Inc.
$2.6B
Tax
$584M
Interest
$370M
Net Income
$1.6B
(6.7% margin)
Dec 2025 · All values in $ Millions
Revenue
$22.5B
Cost of Revenue
$17.9B
Gross Profit
$4.6B
R&D
$684M
SG&A
$1.4B
Operating Inc.
$2.5B
Tax
$432M
Interest
$483M
Other
$352M
Net Income
$1.9B
(8.5% margin)
Sep 2025 · All values in $ Millions
Revenue
$21.6B
Cost of Revenue
$17.2B
Gross Profit
$4.4B
R&D
$697M
SG&A
$1.6B
Operating Inc.
$2.1B
Tax
$315M
Interest
$480M
Other
$346M
Net Income
$1.7B
(7.7% margin)
Jun 2025 · All values in $ Millions
Revenue
$88.6B
Cost of Revenue
$70.8B
Gross Profit
$17.8B
R&D
$2.8B
SG&A
$6.1B
Operating Inc.
$9.3B
Tax
$1.7B
Interest
$1.8B
Other
$1.2B
Net Income
$6.7B
(7.6% margin)
Dec 2025 · All values in $ Millions
Revenue
$80.7B
Cost of Revenue
$65.3B
Gross Profit
$15.4B
R&D
$2.9B
SG&A
$5.8B
Operating Inc.
$6.5B
Tax
$1.2B
Interest
$2.0B
Other
$1.5B
Net Income
$4.8B
(5.9% margin)
Dec 2024 · All values in $ Millions
Revenue
$68.9B
Cost of Revenue
$56.8B
Gross Profit
$12.1B
R&D
$2.8B
SG&A
$5.8B
Operating Inc.
$3.6B
Tax
$456M
Interest
$1.7B
Other
$1.8B
Net Income
$3.2B
(4.6% margin)
Dec 2023 · All values in $ Millions
Revenue
$67.1B
Cost of Revenue
$53.4B
Gross Profit
$13.7B
R&D
$2.7B
SG&A
$5.6B
Operating Inc.
$5.5B
Tax
$790M
Interest
$1.3B
Other
$1.8B
Net Income
$5.2B
(7.7% margin)
Dec 2022 · All values in $ Millions
Mar 2026
Dec 2025
Sep 2025
Jun 2025
🏦 Snapshot of RTX Corporation's Balance Sheet
Quarterly
Annual
Total Assets
$170.4B
Cash & Equiv.: $6.8B (4.0%)
Receivables: $12.9B (7.6%)
Inventory: $14.2B (8.3%)
Other Current: $26.1B (15.3%)
PP&E: $18.6B (10.9%)
Goodwill: $53.3B (31.3%)
Other Intangibles: $31.5B (18.5%)
Other Non-Curr.: $7.0B (4.1%)
Liab. + Equity
$170.4B
Current Liab.: $58.6B (34.4%)
Long-Term Debt: $33.0B (19.3%)
Other Liab.: $10.8B (6.4%)
Equity: $68.0B (39.9%)
As of Mar 2026 · All values in $ Millions
Total Assets
$171.1B
Cash & Equiv.: $7.4B (4.3%)
Receivables: $14.7B (8.6%)
Inventory: $13.4B (7.8%)
Other Current: $24.8B (14.5%)
PP&E: $18.8B (11.0%)
Goodwill: $53.3B (31.2%)
Other Intangibles: $31.8B (18.6%)
Other Non-Curr.: $6.8B (4.0%)
Liab. + Equity
$171.1B
Current Liab.: $58.8B (34.4%)
Long-Term Debt: $34.3B (20.0%)
Other Liab.: $10.9B (6.4%)
Equity: $67.1B (39.2%)
As of Dec 2025 · All values in $ Millions
Total Assets
$168.7B
Cash & Equiv.: $6.0B (3.5%)
Receivables: $12.8B (7.6%)
Inventory: $13.8B (8.2%)
Other Current: $24.5B (14.5%)
PP&E: $18.2B (10.8%)
Goodwill: $53.3B (31.6%)
Other Intangibles: $32.3B (19.1%)
Other Non-Curr.: $7.8B (4.6%)
Liab. + Equity
$168.7B
Current Liab.: $53.2B (31.6%)
Long-Term Debt: $38.3B (22.7%)
Other Liab.: $10.8B (6.4%)
Equity: $66.4B (39.4%)
As of Sep 2025 · All values in $ Millions
Total Assets
$167.1B
Cash & Equiv.: $4.8B (2.9%)
Receivables: $12.4B (7.4%)
Inventory: $14.0B (8.4%)
Other Current: $23.5B (14.0%)
PP&E: $18.1B (10.8%)
Goodwill: $53.3B (31.9%)
Other Intangibles: $32.7B (19.6%)
Other Non-Curr.: $8.3B (5.0%)
Liab. + Equity
$167.1B
Current Liab.: $54.3B (32.5%)
Long-Term Debt: $38.3B (22.9%)
Other Liab.: $10.3B (6.2%)
Equity: $64.2B (38.4%)
As of Jun 2025 · All values in $ Millions
Total Assets
$171.1B
Cash & Equiv.: $7.4B (4.3%)
Receivables: $14.7B (8.6%)
Inventory: $13.4B (7.8%)
Other Current: $24.8B (14.5%)
PP&E: $18.8B (11.0%)
Goodwill: $53.3B (31.2%)
Other Intangibles: $31.8B (18.6%)
Other Non-Curr.: $6.8B (4.0%)
Liab. + Equity
$171.1B
Current Liab.: $58.8B (34.4%)
Long-Term Debt: $34.3B (20.0%)
Other Liab.: $10.9B (6.4%)
Equity: $67.1B (39.2%)
As of Dec 2025 · All values in $ Millions
Total Assets
$162.9B
Cash & Equiv.: $5.6B (3.4%)
Receivables: $11.0B (6.7%)
Inventory: $12.8B (7.8%)
Other Current: $21.8B (13.4%)
PP&E: $18.0B (11.0%)
Goodwill: $52.8B (32.4%)
Other Intangibles: $33.4B (20.5%)
Other Non-Curr.: $7.5B (4.6%)
Liab. + Equity
$162.9B
Current Liab.: $51.5B (31.6%)
Long-Term Debt: $38.7B (23.8%)
Other Liab.: $10.7B (6.6%)
Equity: $62.0B (38.0%)
As of Dec 2024 · All values in $ Millions
Total Assets
$161.9B
Cash & Equiv.: $6.6B (4.1%)
Receivables: $10.8B (6.7%)
Inventory: $11.8B (7.3%)
Other Current: $19.2B (11.9%)
PP&E: $17.4B (10.7%)
Goodwill: $53.7B (33.2%)
Other Intangibles: $35.4B (21.9%)
Other Non-Curr.: $7.0B (4.3%)
Liab. + Equity
$161.9B
Current Liab.: $46.8B (28.9%)
Long-Term Debt: $42.4B (26.2%)
Other Liab.: $11.3B (7.0%)
Equity: $61.4B (38.0%)
As of Dec 2023 · All values in $ Millions
Total Assets
$158.9B
Cash & Equiv.: $6.2B (3.9%)
Receivables: $9.1B (5.7%)
Inventory: $10.6B (6.7%)
Other Current: $16.5B (10.4%)
PP&E: $17.0B (10.7%)
Goodwill: $53.8B (33.9%)
Other Intangibles: $36.8B (23.2%)
Other Non-Curr.: $8.8B (5.5%)
Liab. + Equity
$158.9B
Current Liab.: $39.1B (24.6%)
Long-Term Debt: $30.7B (19.3%)
Other Liab.: $14.8B (9.3%)
Equity: $74.2B (46.7%)
As of Dec 2022 · All values in $ Millions
Mar 2026
Dec 2025
Sep 2025
Jun 2025
💸 Looking into RTX Corporation's Cash Flow
Quarterly
Annual
Operating CF
$1.9B
Capital Exp.
$644M
Free Cash Flow
$1.2B
Dividends
$915M
Debt Repaid
$500M
FY2026 · All values in $ Millions
Operating CF
$4.2B
Capital Exp.
$1.1B
Free Cash Flow
$3.0B
Dividends
$914M
Debt Repaid
$1.1B
Retained / Other
$996M
FY2025 · All values in $ Millions
Operating CF
$4.6B
Capital Exp.
$735M
Free Cash Flow
$3.9B
Dividends
$910M
Debt Repaid
$1.5B
Retained / Other
$1.5B
FY2025 · All values in $ Millions
Operating CF
$458M
Capital Exp.
$652M
FY2025 · All values in $ Millions
Operating CF
$10.6B
Capital Exp.
$3.1B
Free Cash Flow
$7.4B
Dividends
$3.6B
Debt Repaid
$3.4B
Retained / Other
$395M
FY2025 · All values in $ Millions
Operating CF
$7.2B
Capital Exp.
$3.2B
Free Cash Flow
$3.9B
Dividends
$3.2B
Buybacks
$444M
Debt Repaid
$2.5B
FY2024 · All values in $ Millions
Operating CF
$7.9B
Capital Exp.
$3.2B
Free Cash Flow
$4.7B
Dividends
$3.2B
Buybacks
$12.9B
Debt Repaid
$10.6B
FY2023 · All values in $ Millions
Operating CF
$7.2B
Capital Exp.
$2.8B
Free Cash Flow
$4.4B
Dividends
$3.1B
Buybacks
$2.8B
FY2022 · All values in $ Millions
FY2026
FY2025
FY2025
FY2025
🎯 EPS: Estimate vs Actual
Estimates
Quarterly
Annual
📅 Quarterly Results
Item Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Total Revenue $22.08B $24.24B $22.48B $21.58B $20.31B Cost of Revenue $17.48B $19.52B $17.90B $17.20B $16.19B Gross Profit $4.59B $4.72B $4.58B $4.38B $4.12B Operating Expense $2.04B $2.12B $2.06B $2.23B $2.08B Operating Income $2.56B $2.60B $2.52B $2.15B $2.04B Interest Expense $406.0M $370.0M $483.0M $480.0M $502.0M Pretax Income $2.52B $2.30B $2.44B $2.04B $1.96B Tax Provision $363.0M $584.0M $432.0M $315.0M $333.0M Net Income $2.06B $1.62B $1.92B $1.66B $1.53B EBITDA $4.00B $3.83B $4.01B $3.60B $3.51B EPS (Basic) $1.53 $1.21 $1.43 $1.24 $1.15 EPS (Diluted) $1.51 $1.19 $1.41 $1.22 $1.14 Shares Outstanding 1.36B 1.36B 1.36B 1.35B 1.35B
📊 Profit & Loss Statement
Item Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Total Revenue $88.60B $80.74B $68.92B $67.07B — Cost of Revenue $70.81B $65.33B $56.83B $53.41B — Gross Profit $17.79B $15.41B $12.09B $13.67B — Operating Expense $8.49B $8.87B $8.53B $8.16B — Operating Income $9.30B $6.54B $3.56B $5.50B — Interest Expense $1.83B $1.97B $1.65B $1.30B — Pretax Income $8.73B $6.19B $3.84B $6.12B — Tax Provision $1.66B $1.18B $456.0M $790.0M — Net Income $6.73B $4.77B $3.19B $5.20B — EBITDA $14.95B $12.53B $9.70B $11.53B — EPS (Basic) $5.02 $3.58 $2.24 $3.52 — EPS (Diluted) $4.96 $3.55 $2.23 $3.50 — Shares Outstanding 1.36B 1.34B 1.44B 1.49B —
🏦 Balance Sheet
Item Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Total Assets $171.08B $162.86B $161.87B $158.86B — Current Assets $60.33B $51.13B $48.42B $42.44B — Cash & Equivalents $7.43B $5.58B $6.59B $6.22B — Accounts Receivable $14.70B $10.98B $10.84B $9.11B — Inventory $13.36B $12.77B $11.78B $10.62B — Non-Current Assets $110.75B $111.73B $113.45B $116.42B — Property Plant & Equip $18.75B $17.95B $17.39B $17.00B — Goodwill $53.34B $52.79B $53.70B $53.84B — Intangible Assets $85.19B $86.23B $89.10B $90.66B — Total Liabilities $103.94B $100.90B $100.42B $84.65B — Current Liabilities $58.78B $51.50B $46.76B $39.11B — Accounts Payable $15.89B $12.90B $10.70B $9.90B — Short-Term Debt $3.62B $2.54B $1.47B $1.22B — Long-Term Debt $34.29B $38.73B $42.35B $30.69B — Total Equity $67.14B $61.96B $61.45B $74.21B — Retained Earnings $56.72B $53.59B $52.15B $52.27B — Book Value/Share -19.94B -26.08B -29.30B -18.03B —
💰 Cash Flow Statement
Item Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Operating Cash Flow $10.57B $7.16B $7.88B $7.17B — Depreciation & Amort. $4.38B $4.36B $4.21B $4.11B — Change in Working Cap $-1.27B $-1.08B $1.51B $522.0M — Capital Expenditure $-3.12B $-3.24B $-3.17B $-2.77B — Free Cash Flow $7.45B $3.92B $4.72B $4.39B — Investing Cash Flow $-1.26B $-1.53B $-3.04B $-2.83B — Acquisitions — $0 $0 $-66.0M $-1.09B Financing Cash Flow $-7.49B $-6.62B $-4.53B $-5.86B — Debt Issued $0 $0 $22.91B $1.0M — Debt Repaid $-3.43B $-2.50B $-10.58B $-3.0M — Dividends Paid $-3.57B $-3.22B $-3.24B $-3.13B — Share Buyback $-50.0M $-444.0M $-12.87B $-2.80B — Net Change in Cash $1.82B $-992.0M $317.0M $-1.52B —
📈 Key Financial Ratios
Ratio FY2025 FY2024 FY2023 FY2022 FY2021 Gross Margin % 20.1% 19.1% 17.5% 20.4% — Operating Margin % 10.5% 8.1% 5.2% 8.2% — Net Margin % 7.6% 5.9% 4.6% 7.7% — EBITDA Margin % 16.9% 15.5% 14.1% 17.2% — ROE % 10.0% 7.7% 5.2% 7.0% — ROA % 3.9% 2.9% 2.0% 3.3% — Debt/Equity % 58.8% 69.2% 73.6% 45.1% — Current Ratio 1.03 0.99 1.04 1.09 — FCF Margin % 8.4% 4.9% 6.8% 6.5% — Asset Turnover 0.52 0.50 0.43 0.42 —
🚀 Compounded Growth Rates
Revenue
1-Year +9.7% 3-Year CAGR +13.4%
Net Profit
1-Year +41.0% 3-Year CAGR +45.2%
EPS
1-Year +39.7% 3-Year CAGR +49.1%
🏭 Industry Peers — Aerospace & Defense
Ticker Company Price P/E P/B MCap ROE Margin Rev Growth CAT Caterpillar, Inc. $811.39 43.1 17.7 $377.5B 43.5% 13.1% 18.0% HON Honeywell International Inc. $210.02 33.5 9.8 $133.1B 24.3% 10.9% 2.4% UNP Union Pacific Corporation $264.09 21.7 8.5 $156.8B 40.7% 29.2% 3.2% BA Boeing Company (The) $222.13 87.5 29.3 $175.1B 169.9% 2.5% 14.0% DE Deere & Company $563.22 31.8 5.8 $152.1B 19.6% 10.3% -11.1% GE GE Aerospace $281.45 35.0 15.8 $294.1B 45.4% 17.9% 24.7% LMT Lockheed Martin Corporation $507.77 24.6 15.6 $117.1B 67.6% 6.4% 0.3% MMM 3M Company $144.45 27.9 23.1 $75.3B 71.5% 11.1% 1.3%
Peers selected from Industrials sector · Data from Yahoo Finance
🏛 Shareholding Pattern
TOP HOLDERS
Holder Type Shares % Held Vanguard Group Inc Inst 124,986,171 9.28% Blackrock Inc. Inst 104,920,146 7.79% State Street Corporation Inst 91,884,588 6.82% Capital Research Global Investors Inst 76,140,352 5.65% Capital International Investors Inst 44,512,309 3.31% VANGUARD INDEX FUNDS-Vanguard Total MF 42,134,687 3.13% VANGUARD INDEX FUNDS-Vanguard 500 I MF 33,811,602 2.51% Dodge & Cox Funds-Dodge & Cox Stock MF 25,204,600 1.87%
🟢 CATALYSTS
🏆 Positive Revenue Growth: Revenue growing at 8.7% YoY.
💹 Analyst Upside (24%): Mean target of $215.20 above current price.
🔀 Low Beta (0.43): Less volatile than market — defensive play.
🇺 Earnings Growth (32%): Above sector norm — strong profit expansion.
🔴 RISKS
📜 Market Risk: Broader market correction or sentiment shift could impact stock.
💰 Sector Risk: Regulatory or competitive changes in Industrials space.
🔓 Execution Risk: Growth may not meet elevated expectations.
🕸 Factor Analysis · Radar
Momentum 4/10: 1M -7.6%, 6M -1.3%, RSI 26, MACD bearish, Below 200DMA Sentiment 8/10: Analyst upside +24.5%, Rec: buy Value 4/10: P/E 32.5, P/B 3.6, PEG 2.46, EV/EBITDA 17.7 Quality 5/10: ROE 11.6%, Margin 8.0%, D/E 57, CR 1.02 Low Volatility 10/10: Beta 0.43, Ann. vol 23% Momentum
4
Sentiment
8
Value
4
Quality
5
Low Vol
10
Momentum 4/10 1M -7.6%, 6M -1.3%, RSI 26, MACD bearish, Below 200DMA
Sentiment 8/10 Analyst upside +24.5%, Rec: buy
Value 4/10 P/E 32.5, P/B 3.6, PEG 2.46, EV/EBITDA 17.7
Quality 5/10 ROE 11.6%, Margin 8.0%, D/E 57, CR 1.02
Low Volatility 10/10 Beta 0.43, Ann. vol 23%
🎯 Decision Matrix — Game Theory
Action If Stock Rises If Stock Falls
BUY Capture 24.5% analyst upside OPM of 13% provides margin buffer HOLD Retain existing position; wait for better entry Miss further upside if momentum continues SELL Lock in +39.8% 1Y return Avoid further drawdown
REASONS TO BUY
Analyst upside of 24.5% with mean target of $215.20
Revenue growing at 8.7% YoY (sector norm: 6%)
REASONS TO SELL / AVOID
No major red flags identified
RTX Corporation trades at $172.85 with a composite risk score of 52/100.
The stock scores 16/25 on valuation, 10/25 on financial health, 18/25 on growth, and 8/25 on technicals.
The company is currently profitable with moderate return on equity.
Bottom Line: Neutral for Industrials — wait for better entry or catalyst. The current recommendation is HOLD .
UPSIDE POTENTIAL