(RTX) Raytheon Technologies - Overview

Sector: Industrials | Industry: Aerospace & Defense | Exchange: NYSE (USA) | Market Cap: 264.094m USD | Total Return: 71.8% in 12m

Aircraft Engines, Aerospace Systems, Defense Systems, Sensors, Services
Total Rating 64
Safety 86
Buy Signal 0.80
Aerospace & Defense
Industry Rotation: -4.8
Market Cap: 264B
Avg Turnover: 928M USD
ATR: 2.42%
Peers RS (IBD): 70.8
Risk 5d forecast
Volatility23.7%
Rel. Tail Risk-11.7%
Reward TTM
Sharpe Ratio2.14
Alpha57.35
Character TTM
Beta0.469
Beta Downside0.293
Drawdowns 3y
Max DD32.84%
CAGR/Max DD0.89
EPS (Earnings per Share) EPS (Earnings per Share) of RTX over the last years for every Quarter: "2021-03": 0.9, "2021-06": 1.03, "2021-09": 1.26, "2021-12": 1.08, "2022-03": 1.15, "2022-06": 1.16, "2022-09": 1.21, "2022-12": 1.27, "2023-03": 0.97, "2023-06": 1.29, "2023-09": 1.25, "2023-12": 1.29, "2024-03": 1.28, "2024-06": 1.41, "2024-09": 1.45, "2024-12": 1.54, "2025-03": 1.47, "2025-06": 1.56, "2025-09": 1.7, "2025-12": 1.19,
EPS CAGR: 0.92%
EPS Trend: 68.7%
Last SUE: 0.38
Qual. Beats: 0
Revenue Revenue of RTX over the last years for every Quarter: 2021-03: 15237, 2021-06: 15860, 2021-09: 16221, 2021-12: 17042, 2022-03: 15716, 2022-06: 16314, 2022-09: 16951, 2022-12: 18093, 2023-03: 17214, 2023-06: 18315, 2023-09: 13464, 2023-12: 19927, 2024-03: 19305, 2024-06: 19721, 2024-09: 20089, 2024-12: 21623, 2025-03: 20306, 2025-06: 21581, 2025-09: 22478, 2025-12: 24238,
Rev. CAGR: 12.25%
Rev. Trend: 81.6%
Last SUE: 0.69
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: RTX Raytheon Technologies

RTX Corporation is an aerospace and defense company. It serves commercial, military, and government clients globally.

The company operates through three segments. Collins Aerospace provides aerospace and defense products and aftermarket services for various aircraft types and space operations. This segment designs and manufactures electric power, environmental control, and flight control systems, along with cabin interiors and connected aviation solutions. It also offers spare parts, overhaul, repair, and engineering support services. The aerospace and defense sector is characterized by long product life cycles and significant R&D investment.

Pratt & Whitney supplies aircraft engines for commercial, military, and business jet customers. It also produces and services military and commercial auxiliary power units, offering fleet management and aftermarket maintenance. The aircraft engine market is dominated by a few major manufacturers.

The Raytheon segment focuses on defensive and offensive threat detection, tracking, and mitigation. This includes sensors, mission orchestration, and satellite control products and software for government and commercial customers.

For more detailed financial analysis, ValueRay provides in-depth reports.

Headlines to Watch Out For
  • Commercial aerospace recovery boosts Collins and Pratt & Whitney revenue
  • Defense spending budgets impact Raytheon segment contracts
  • Supply chain disruptions increase manufacturing costs
  • Geopolitical tensions drive demand for advanced defense systems
Piotroski VR‑10 (Strict) 6.5
Net Income: 6.73b TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.13 > 1.0
NWC/Revenue: 1.75% < 20% (prev -0.45%; Δ 2.20% < -1%)
CFO/TA 0.06 > 3% & CFO 10.57b > Net Income 6.73b
Net Debt (32.07b) to EBITDA (13.27b): 2.42 < 3
Current Ratio: 1.03 > 1.5 & < 3
Outstanding Shares: last quarter (1.36b) vs 12m ago 0.95% < -2%
Gross Margin: 20.08% > 18% (prev 0.19%; Δ 1.99k% > 0.5%)
Asset Turnover: 53.07% > 50% (prev 49.57%; Δ 3.49% > 0%)
Interest Coverage Ratio: 4.84 > 6 (EBITDA TTM 13.27b / Interest Expense TTM 1.83b)
Altman Z'' 2.43
A: 0.01 (Total Current Assets 60.33b - Total Current Liabilities 58.78b) / Total Assets 171.08b
B: 0.33 (Retained Earnings 56.72b / Total Assets 171.08b)
C: 0.05 (EBIT TTM 8.89b / Avg Total Assets 166.97b)
D: 0.89 (Book Value of Equity 92.13b / Total Liabilities 103.94b)
Altman-Z'' Score: 2.43 = A
Beneish M -2.95
DSRI: 1.13 (Receivables 31.79b/25.55b, Revenue 88.60b/80.74b)
GMI: 0.95 (GM 20.08% / 19.09%)
AQI: 0.93 (AQ_t 0.54 / AQ_t-1 0.58)
SGI: 1.10 (Revenue 88.60b / 80.74b)
TATA: -0.02 (NI 6.73b - CFO 10.57b) / TA 171.08b)
Beneish M-Score: -2.95 (Cap -4..+1) = A
What is the price of RTX shares? As of April 09, 2026, the stock is trading at USD 203.48 with a total of 4,453,355 shares traded.
Over the past week, the price has changed by +4.50%, over one month by -2.28%, over three months by +9.08% and over the past year by +71.77%.
Is RTX a buy, sell or hold? Raytheon Technologies has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy RTX.
  • StrongBuy: 12
  • Buy: 4
  • Hold: 8
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the RTX price?
Analysts Target Price 215.9 6.1%
Raytheon Technologies (RTX) - Fundamental Data Overview as of 04 April 2026
P/E Trailing = 39.5585
P/E Forward = 28.6533
P/S = 2.9806
P/B = 4.017
P/EG = 2.7272
Revenue TTM = 88.60b USD
EBIT TTM = 8.89b USD
EBITDA TTM = 13.27b USD
Long Term Debt = 34.29b USD (from longTermDebt, last quarter)
Short Term Debt = 3.62b USD (from shortTermDebt, last quarter)
Debt = 39.51b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 32.07b USD (from netDebt column, last quarter)
Enterprise Value = 296.16b USD (264.09b + Debt 39.51b - CCE 7.43b)
Interest Coverage Ratio = 4.84 (Ebit TTM 8.89b / Interest Expense TTM 1.83b)
EV/FCF = 37.30x (Enterprise Value 296.16b / FCF TTM 7.94b)
FCF Yield = 2.68% (FCF TTM 7.94b / Enterprise Value 296.16b)
FCF Margin = 8.96% (FCF TTM 7.94b / Revenue TTM 88.60b)
Net Margin = 7.60% (Net Income TTM 6.73b / Revenue TTM 88.60b)
Gross Margin = 20.08% ((Revenue TTM 88.60b - Cost of Revenue TTM 70.81b) / Revenue TTM)
Gross Margin QoQ = 19.46% (prev 20.38%)
Tobins Q-Ratio = 1.73 (Enterprise Value 296.16b / Total Assets 171.08b)
Interest Expense / Debt = 0.94% (Interest Expense 370.0m / Debt 39.51b)
Taxrate = 25.42% (584.0m / 2.30b)
NOPAT = 6.63b (EBIT 8.89b * (1 - 25.42%))
Current Ratio = 1.03 (Total Current Assets 60.33b / Total Current Liabilities 58.78b)
Debt / Equity = 0.61 (Debt 39.51b / totalStockholderEquity, last quarter 65.25b)
Debt / EBITDA = 2.42 (Net Debt 32.07b / EBITDA 13.27b)
Debt / FCF = 4.04 (Net Debt 32.07b / FCF TTM 7.94b)
Total Stockholder Equity = 63.42b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.03% (Net Income 6.73b / Total Assets 171.08b)
RoE = 10.62% (Net Income TTM 6.73b / Total Stockholder Equity 63.42b)
RoCE = 9.10% (EBIT 8.89b / Capital Employed (Equity 63.42b + L.T.Debt 34.29b))
RoIC = 6.40% (NOPAT 6.63b / Invested Capital 103.48b)
WACC = 6.73% (E(264.09b)/V(303.60b) * Re(7.63%) + D(39.51b)/V(303.60b) * Rd(0.94%) * (1-Tc(0.25)))
Discount Rate = 7.63% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 83.03% ; FCFF base≈6.40b ; Y1≈6.22b ; Y5≈6.24b
[DCF] Fair Price = 87.50 (EV 149.84b - Net Debt 32.07b = Equity 117.77b / Shares 1.35b; r=6.73% [WACC]; 5y FCF grow -3.91% → 3.0% )
EPS Correlation: 68.69 | EPS CAGR: 0.92% | SUE: 0.38 | # QB: 0
Revenue Correlation: 81.65 | Revenue CAGR: 12.25% | SUE: 0.69 | # QB: 0
EPS next Quarter (2026-06-30): EPS=1.65 | Chg7d=+0.001 | Chg30d=+0.002 | Revisions Net=+2 | Analysts=18
EPS current Year (2026-12-31): EPS=6.82 | Chg7d=+0.006 | Chg30d=+0.009 | Revisions Net=+0 | Growth EPS=+8.4% | Growth Revenue=+5.5%
EPS next Year (2027-12-31): EPS=7.52 | Chg7d=+0.013 | Chg30d=+0.011 | Revisions Net=-2 | Growth EPS=+10.3% | Growth Revenue=+6.7%
[Analyst] Revisions Ratio: +1.00 (2 Up / 0 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.4% (Discount Rate 7.9% - Earnings Yield 2.5%)
[Growth] Growth Spread = -0.2% (Analyst 5.2% - Implied 5.4%)
External Resources
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