Stocks · Industrials · Aircraft Engines & Engine Parts

RTX Corporation

RTX Clue Score49
United States Fiscal year ends December CIK 0000101829
$185.97 +0.90% Close, 9 Oct 2026
Price $185.97 +106.89% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue57.24Operating income8.22Net income5.06EPS, diluted6.12Fiscal year 2017Revenue59.84 +4.5%Operating income8.14Net income4.55 −10.0%EPS, diluted5.70Fiscal year 2018Revenue34.70 −42.0%Operating income2.88Net income5.27 +15.8%EPS, diluted6.50Fiscal year 2019Revenue45.35 +30.7%Operating income4.91Net income5.54 +5.1%EPS, diluted6.41Fiscal year 2020Revenue56.59 +24.8%Operating income−1.89Net income−3.52 −163.6%EPS, diluted−2.59Fiscal year 2021Revenue64.39 +13.8%Operating income5.14Net income3.86EPS, diluted2.56Fiscal year 2022Revenue67.07 +4.2%Operating income5.50Net income5.20 +34.5%EPS, diluted3.50Fiscal year 2023Revenue68.92 +2.8%Operating income3.56Net income3.20 −38.5%EPS, diluted2.23Fiscal year 2024Revenue80.74 +17.1%Operating income6.54Net income4.77 +49.4%EPS, diluted3.55Fiscal year 2025Revenue88.60 +9.7%Operating income9.30Net income6.73 +41.0%EPS, diluted4.96
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 57.24 59.84 34.70 45.35 56.59 64.39 67.07 68.92 80.74 88.60
Growth +4.5% −42.0% +30.7% +24.8% +13.8% +4.2% +2.8% +17.1% +9.7%
Operating income 8.22 8.14 2.88 4.91 −1.89 5.14 5.50 3.56 6.54 9.30
Net income 5.06 4.55 5.27 5.54 −3.52 3.86 5.20 3.20 4.77 6.73
Growth −10.0% +15.8% +5.1% −163.6% +34.5% −38.5% +49.4% +41.0%
EPS, diluted 6.12 5.70 6.50 6.41 −2.59 2.56 3.50 2.23 3.55 4.96

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin14.4%Net margin8.8%Free cash flow margin8.2%Fiscal year 2017Operating margin13.6%Net margin7.6%Free cash flow margin6.0%Fiscal year 2018Operating margin8.3%Net margin15.2%Free cash flow margin3.5%Fiscal year 2019Operating margin10.8%Net margin12.2%Free cash flow margin8.7%Fiscal year 2020Operating margin−3.3%Net margin−6.2%Free cash flow margin4.5%Fiscal year 2021Operating margin8.0%Net margin6.0%Free cash flow margin7.8%Fiscal year 2022Operating margin8.2%Net margin7.7%Free cash flow margin7.3%Fiscal year 2023Operating margin5.2%Net margin4.6%Free cash flow margin7.9%Fiscal year 2024Operating margin8.1%Net margin5.9%Free cash flow margin5.6%Fiscal year 2025Operating margin10.5%Net margin7.6%Free cash flow margin9.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 14.4% 13.6% 8.3% 10.8% −3.3% 8.0% 8.2% 5.2% 8.1% 10.5%
Net margin 8.8% 7.6% 15.2% 12.2% −6.2% 6.0% 7.7% 4.6% 5.9% 7.6%
Free cash flow margin 8.2% 6.0% 3.5% 8.7% 4.5% 7.8% 7.3% 7.9% 5.6% 9.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow6.41Capital expenditure−1.70Free cash flow4.71Buybacks−2.25Dividends paid−2.07Fiscal year 2017Operating cash flow5.63Capital expenditure−2.01Free cash flow3.62 −23.3%Buybacks−1.45Dividends paid−2.07Fiscal year 2018Operating cash flow2.67Capital expenditure−1.47Free cash flow1.20 −66.7%Buybacks−0.33Dividends paid−2.17Fiscal year 2019Operating cash flow5.82Capital expenditure−1.87Free cash flow3.95 +228.6%Buybacks−0.15Dividends paid−2.44Fiscal year 2020Operating cash flow4.33Capital expenditure−1.80Free cash flow2.54 −35.8%Buybacks−0.05Dividends paid−2.73Fiscal year 2021Operating cash flow7.14Capital expenditure−2.13Free cash flow5.01 +97.2%Buybacks−2.33Dividends paid−2.96Fiscal year 2022Operating cash flow7.17Capital expenditure−2.29Free cash flow4.88 −2.6%Buybacks−2.80Dividends paid−3.13Fiscal year 2023Operating cash flow7.88Capital expenditure−2.42Free cash flow5.47 +12.0%Buybacks−12.87Dividends paid−3.24Fiscal year 2024Operating cash flow7.16Capital expenditure−2.63Free cash flow4.53 −17.1%Buybacks−0.44Dividends paid−3.22Fiscal year 2025Operating cash flow10.57Capital expenditure−2.63Free cash flow7.94 +75.1%Buybacks−0.05Dividends paid−3.57
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 6.41 5.63 2.67 5.82 4.33 7.14 7.17 7.88 7.16 10.57
Capital expenditure −1.70 −2.01 −1.47 −1.87 −1.80 −2.13 −2.29 −2.42 −2.63 −2.63
Free cash flow 4.71 3.62 1.20 3.95 2.54 5.01 4.88 5.47 4.53 7.94
Growth −23.3% −66.7% +228.6% −35.8% +97.2% −2.6% +12.0% −17.1% +75.1%
Buybacks −2.25 −1.45 −0.33 −0.15 −0.05 −2.33 −2.80 −12.87 −0.44 −0.05
Dividends paid −2.07 −2.07 −2.17 −2.44 −2.73 −2.96 −3.13 −3.24 −3.22 −3.57

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash7.16Total debt23.30Net cash (debt)−16.14Shareholders’ equity27.58Debt to equity0.84Fiscal year 2017Cash8.99Total debt27.09Net cash (debt)−18.11Shareholders’ equity29.61Debt to equity0.91Fiscal year 2018Cash3.69Total debt44.07Net cash (debt)−40.38Shareholders’ equity38.45Debt to equity1.15Fiscal year 2019Cash4.94Total debt40.96Net cash (debt)−36.02Shareholders’ equity41.77Debt to equity0.98Fiscal year 2020Cash8.80Total debt31.58Net cash (debt)−22.77Shareholders’ equity72.16Debt to equity0.44Fiscal year 2021Cash7.83Total debt31.35Net cash (debt)−23.52Shareholders’ equity73.07Debt to equity0.43Fiscal year 2022Cash6.22Total debt31.29Net cash (debt)−25.07Shareholders’ equity72.63Debt to equity0.43Fiscal year 2023Cash6.59Total debt43.64Net cash (debt)−37.05Shareholders’ equity59.80Debt to equity0.73Fiscal year 2024Cash5.58Total debt41.08Net cash (debt)−35.50Shareholders’ equity60.16Debt to equity0.68Fiscal year 2025Cash7.44Shareholders’ equity65.25
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 7.16 8.99 3.69 4.94 8.80 7.83 6.22 6.59 5.58 7.44
Total debt 23.30 27.09 44.07 40.96 31.58 31.35 31.29 43.64 41.08 n/a
Net cash (debt) −16.14 −18.11 −40.38 −36.02 −22.77 −23.52 −25.07 −37.05 −35.50 n/a
Shareholders’ equity 27.58 29.61 38.45 41.77 72.16 73.07 72.63 59.80 60.16 65.25
Debt to equity 0.84 0.91 1.15 0.98 0.44 0.43 0.43 0.73 0.68 n/a

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020† 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
57.24 59.84 34.70 45.35 56.59 64.39 67.07 68.92 80.74 88.60
Growth +4.5% −42.0% +30.7% +24.8% +13.8% +4.2% +2.8% +17.1% +9.7%
2.38 2.43 1.88 2.45 2.58 2.73 2.71 2.81 2.93 2.81
5.96 6.43 2.86 3.71 5.54 5.05 5.57 5.81 5.81 6.10
8.22 8.14 2.88 4.91 −1.89 5.14 5.50 3.56 6.54 9.30
Growth −1.0% −64.6% +70.8% −138.4% +7.2% −35.3% +83.6% +42.2%
7.13 7.76 2.50 4.15 −2.35 5.11 6.12 3.84 6.19 8.73
1.70 2.84 1.10 0.42 0.58 0.96 0.79 0.46 1.18 1.66
5.06 4.55 5.27 5.54 −3.52 3.86 5.20 3.20 4.77 6.73
Growth −10.0% +15.8% +5.1% −163.6% +34.5% −38.5% +49.4% +41.0%
Per share
6.18 5.76 6.58 6.48 −2.59 2.57 3.52 2.24 3.58 5.02
6.12 5.70 6.50 6.41 −2.59 2.56 3.50 2.23 3.55 4.96
Growth −6.9% +14.0% −1.4% −140.4% +36.7% −36.3% +59.2% +39.7%
818.2 790.0 800.4 854.8 1,358 1,502 1,476 1,426 1,332 1,341
826.1 799.1 810.1 863.9 1,358 1,509 1,486 1,435 1,344 1,356
Growth −3.3% +1.4% +6.6% +57.2% +11.1% −1.5% −3.4% −6.4% +1.0%

† The diluted share count jumps at 2020, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 9.4% a year over five years.
  • Operating margin is up 13.8 points on five years ago, at 10.5%.
  • A net loss in 1 of 10 years on file.