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RAYTHEON TECHNOLOGIES CORP Stock Research

RTX

93.26USD+0.14(+0.15%)Market Closed

Market Summary

USD93.26+0.14
Market Closed
0.15%

RTX Stock Price

RTX RSI Chart

RTX Valuation

Market Cap

139.8B

Price/Earnings (Trailing)

31.33

Price/Sales (Trailing)

2.12

EV/EBITDA

15.49

Price/Free Cashflow

24.52

RTX Price/Sales (Trailing)

RTX Profitability

EBT Margin

8.99%

Return on Equity

7.16%

Return on Assets

3.27%

Free Cashflow Yield

4.08%

RTX Fundamentals

RTX Revenue

Revenue (TTM)

68.6B

Revenue Y/Y

9.53%

Revenue Q/Q

-4.86%

RTX Earnings

Earnings (TTM)

5.5B

Earnings Y/Y

31.55%

Earnings Q/Q

0.28%

Price Action

52 Week Range

79.80108.84
(Low)(High)

Last 7 days

-3.0%

Last 30 days

-4.5%

Last 90 days

-6.4%

Trailing 12 Months

-0.7%

RTX Financial Health

Current Ratio

1.09

Debt/Equity

0.42

Debt/Cashflow

0.23

RTX Investor Care

Dividend Yield

2.36%

Dividend/Share (TTM)

2.2

Diluted EPS (TTM)

3.75

Peers (Alternatives to RAYTHEON Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
139.8B
68.6B
-4.52% -0.68%
31.33
2.12
5.73% 32.04%
128.3B
66.1B
-2.85% 0.73%
22.39
1.94
0.60% -8.42%
123.5B
70.5B
0.30% 59.42%
-29.91
1.75
15.52% 15.44%
45.3B
5.9B
6.67% 32.14%
43.68
7.67
17.52% 16.67%
12.7B
12.9B
-4.19% -2.38%
14.77
0.98
3.10% 11.85%
MID-CAP
21.8B
2.5B
-3.23% 13.28%
57.61
8.75
23.76% 12.84%
8.0B
10.8B
0.72% -3.84%
14.14
0.75
9.69% 5.97%
5.9B
2.3B
-2.75% 22.70%
24.58
2.62
6.77% -18.59%
2.4B
5.3B
-12.14% -15.43%
-5.96
0.54
25.06% -83.44%
2.3B
487.1M
-7.32% 2.52%
-274.98
4.79
8.46% -1895.76%
SMALL-CAP
1.6B
1.9B
1.67% 7.98%
17.55
0.87
7.40% 32.12%
755.7M
1.4B
8.55% -24.26%
8.44
0.55
-5.54% 309.54%
498.6M
730.2M
-18.55% -4.68%
19.23
0.68
12.05% -81.07%
292.4M
575.3M
12.21% 60.08%
-14.86
0.62
26.37% -121.00%
22.6M
83.9M
1.73% -40.23%
-2.34
0.27
-15.75% -1197.44%

Financials for RAYTHEON Tech

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Revenue2.2%68,57267,07466,02565,28764,853
  S&GA Expenses-1.3%5,5925,6635,6915,5295,473
  R&D Expenses-1.0%2,6832,7112,8052,8192,778
EBITDA6.8%11,41110,68210,67910,757-
EBITDA Margin5.2%0.17*0.16*0.16*0.17*-
Earnings Before Taxes8.9%6,5666,0275,2445,0835,015
EBT Margin13.1%0.09*0.08*0.07*0.08*-
Interest Expenses-0.2%1,2731,2761,2341,2811,294
Net Income6.6%5,5395,1974,4614,4674,195
Net Income Margin14.7%0.08*0.07*0.07*0.06*-
Free Cahsflow-28.8%4,8806,8554,761--
Balance Sheet
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Assets1.7%161,636158,864158,225159,017159,366
  Current Assets7.2%45,50442,44341,82141,46240,740
    Cash Equivalents-5.3%5,8936,2205,3814,7676,040
  Inventory6.7%11,32710,61710,44310,1429,749
  Net PPE-0.1%15,14915,17014,66814,74114,837
  Goodwill0.1%53,90453,84053,16853,80654,316
Liabilities3.1%87,25184,65086,45786,98985,344
  Current Liabilities2.6%40,12839,11438,37337,78835,057
.    Short Term Borrowings-64.2%2246252,195113140
  Long Term Debt6.6%32,71730,69431,05931,27431,308
Shareholder's Equity0.2%72,79572,63270,18771,99073,986
  Retained Earnings1.2%52,89152,26951,65250,27150,592
Accumulated Depreciation3.2%14,38713,94613,53313,24912,978
Minority Interest0.4%1,5521,5461,5481,5491,524
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q12022Q42022Q32022Q22022Q1
Cashflow From Operations-18.7%5,8297,1685,7016,8556,895
  Share Based Compensation-0.7%417420417427461
Cashflow From Investing-2.2%-2,890-2,829-3,116-2,739-2,464
Cashflow From Financing48.5%-3,018-5,859-4,584-7,264-6,957
  Dividend Payments1.4%3,1733,1283,0823,0392,997
  Buy Backs-6.5%2,6222,8032,7223,0992,695

Risks for RTX

What is the probability of a big loss on RTX?

51.5%


Probability that RAYTHEON Tech stock will be more than 20% underwater in next one year

19.6%


Probability that RAYTHEON Tech stock will be more than 30% underwater in next one year.

18.5%


Probability that RAYTHEON Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does RTX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if RAYTHEON Tech was unfortunately bought at previous high price.

Drawdowns

Returns for RTX

Cumulative Returns on RTX

7.6%


10-Year Cumulative Returns

9.2%


7-Year Cumulative Returns

6.9%


5-Year Cumulative Returns

15.5%


3-Year Cumulative Returns

What are the long-term rolling returns for RTX?

FIve years rolling returns for RAYTHEON Tech.

Annualized Returns

Which funds bought or sold RTX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-05-24
Verity Asset Management, Inc.
added
10.53
22,875
338,250
0.20%
2023-05-24
Old North State Trust, LLC
added
3.44
-
147,000
0.10%
2023-05-23
Front Row Advisors LLC
unchanged
-
-2,000
55,000
0.03%
2023-05-23
3Chopt Investment Partners, LLC
new
-
1,551,020
1,551,020
0.83%
2023-05-23
Toroso Investments, LLC
added
120
2,762,000
5,188,000
0.09%
2023-05-23
MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID
reduced
-8.87
-144,793
1,106,410
0.08%
2023-05-23
Brookfield Corp /ON/
added
58.64
5,865,880
16,741,500
0.06%
2023-05-22
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
added
0.39
-133,239
5,024,980
2.00%
2023-05-22
FDx Advisors, Inc.
unchanged
-
-
10,205,000
0.44%
2023-05-22
Raleigh Capital Management Inc.
added
6.47
17,802
552,981
0.27%

1–10 of 48

Latest Funds Activity

Are funds buying RTX calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own RTX
No. of Funds

RAYTHEON Tech News

ShareCast
Raytheon Technologies awarded $1.2 billion contract to provide Patriot air defense system to Switzerland.
ShareCast,
56 days ago
Seeking Alpha
The Motley Fool
3 Aerospace Stocks to Buy Right Now.
The Motley Fool,
3 years ago

Schedule 13G FIlings of RAYTHEON Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2023
capital research global investors
5.5%
80,724,763
SC 13G
Feb 10, 2023
state street corp
8.56%
125,892,213
SC 13G/A
Feb 09, 2023
vanguard group inc
8.44%
124,014,262
SC 13G/A
Feb 01, 2023
blackrock inc.
6.9%
101,153,028
SC 13G/A
Feb 14, 2022
state street corp
9.21%
137,843,993
SC 13G/A
Feb 01, 2022
blackrock inc.
6.6%
98,553,635
SC 13G/A
Feb 12, 2021
state street corp
7.93%
120,418,446
SC 13G
Feb 10, 2021
vanguard group inc
8.42%
127,888,312
SC 13G/A
Feb 05, 2021
blackrock inc.
6.6%
99,675,695
SC 13G
Feb 14, 2020
state street corp
10.47%
90,405,435
SC 13G

RTX Fair Value

Recent SEC filings of RAYTHEON Tech

View All Filings
Date Filed Form Type Document
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading
May 04, 2023
4
Insider Trading

Latest Insider Trading transactions for RTX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-27
DaSilva Kevin G
sold (taxes)
-66,674
96.91
-688
corporate vp and treasurer
2023-03-27
Kremer Wesley D
sold (taxes)
-237,623
96.91
-2,452
president, rmd
2023-03-20
Kremer Wesley D
sold (taxes)
-192,329
97.53
-1,972
president, rmd
2023-03-20
DaSilva Kevin G
sold (taxes)
-35,988
97.53
-369
corporate vp and treasurer
2023-02-28
Johnson Amy L
sold
-356,952
98.551
-3,622
corporate vp and controller
2023-02-04
HAYES GREGORY
sold (taxes)
-3,124,500
96.48
-32,385
chairman and ceo
2023-02-04
Calio Christopher T.
sold (taxes)
-668,124
96.48
-6,925
chief operating officer
2023-02-04
Johnson Amy L
acquired
-
-
1,961
corporate vp and controller
2023-02-04
Timm Stephen J.
sold (taxes)
-536,236
96.48
-5,558
president, collins aerospace
2023-02-04
Mitchill Neil G. JR
acquired
-
-
10,178
evp, chief financial officer

1–10 of 50

Gregory J. Hayes
65535
Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. It operates through four segments: Collins Aerospace Systems, Pratt & Whitney, Raytheon Intelligence & Space, and Raytheon Missiles & Defense. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for aircraft manufacturers and airlines, as well as regional, business, and general aviation; and for defense and commercial space operations. This segment also designs, produces, and supports cabin interior, communications and aviation systems, oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; airborne intelligence, surveillance and reconnaissance systems, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and information management services. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon Intelligence & Space segment develops and provides integrated space, communication, and sensor systems for missions, training, and cyber and software solutions to intelligence, defense, federal, and commercial customers. The Raytheon Missiles & Defense segment designs, develops, produces, and sustains integrated air and missile defense systems; defensive and combat solutions; land- and sea-based radars; command, control, communications, and intelligence solutions; and naval and undersea sensor solutions for the U.S. and foreign government customers. The company is headquartered in Waltham, Massachusetts.

RTX Income Statement

2023-03-31
Condensed Consolidated Statement of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net Sales:  
Net sales$ 17,214$ 15,716
Costs and Expenses:  
Research and development607635
Selling, general and administrative1,3981,469
Total costs and expenses15,65014,664
Other income, net8828
Operating profit1,6521,080
Non-service pension income(444)(480)
Interest expense, net315318
Total non-operating expense (income), net(129)(162)
Income from continuing operations before income taxes1,7811,242
Income tax expense300116
Net income from continuing operations1,4811,126
Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations5523
Net income from continuing operations attributable to common shareowners1,4261,103
Loss from discontinued operations attributable to common shareowners0(19)
Net income attributable to common shareowners$ 1,426$ 1,084
Earnings (loss) Per Share attributable to common shareowners - Basic:  
Income from continuing operations$ 0.98$ 0.74
Loss from discontinued operations0(0.01)
Net income attributable to common shareowners0.980.73
Earnings (loss) Per Share attributable to common shareowners - Diluted:  
Income from continuing operations0.970.74
Loss from discontinued operations0(0.02)
Net income attributable to common shareowners$ 0.97$ 0.72
Product [Member]  
Net Sales:  
Net sales$ 12,787$ 11,862
Costs and Expenses:  
Cost of sales10,7009,820
Service [Member]  
Net Sales:  
Net sales4,4273,854
Costs and Expenses:  
Cost of sales$ 2,945$ 2,740

RTX Balance Sheet

2023-03-31
Condensed Consolidated Balance Sheet - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]  
Cash and cash equivalents$ 5,893$ 6,220
Accounts receivable, net10,0699,108
Contract assets12,72911,534
Inventory, net11,32710,617
Other assets, current5,4864,964
Total current assets45,50442,443
Customer financing assets2,5432,603
Fixed assets29,53629,116
Accumulated depreciation(14,387)(13,946)
Fixed assets, net15,14915,170
Operating lease right-of-use assets1,8441,829
Goodwill53,90453,840
Intangible assets, net36,47736,823
Other assets6,2156,156
Total assets161,636158,864
Short-term borrowings224625
Accounts payable10,0609,896
Accrued employee compensation1,8562,401
Other accrued liabilities11,57310,999
Contract liabilities14,87014,598
Long-term debt currently due1,545595
Total current liabilities40,12839,114
Long-term debt32,71730,694
Operating lease liabilities, non-current1,6241,586
Future pension and postretirement benefit obligations4,6764,807
Other long-term liabilities8,1068,449
Total liabilities87,25184,650
Commitments and contingencies (Note 15)
Redeemable noncontrolling interest3836
Common stock38,03137,939
Treasury stock(16,112)(15,530)
Retained earnings52,89152,269
Unearned ESOP Shares(26)(28)
Accumulated other comprehensive loss(1,989)(2,018)
Total shareowners' equity72,79572,632
Noncontrolling interest1,5521,546
Total equity74,34774,178
Total liabilities, redeemable noncontrolling interest and equity$ 161,636$ 158,864