RTX Corp


Market Cap$118.79B

Compare RTX

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
RTX CorpRTX Corp37.22.61%5%1.80.7
marketMarket Avg49.61.28%30%6.11.1
IndustrialsIndustrials Avg19.10.99%21%3.10.6

Earnings Call Q4 2023

January 23, 2024 - AI Summary

RTX reported strong financial results for the fourth quarter of 2023, with adjusted sales of $19.8 billion, up 10% organically compared to the previous year.
The company expects continued growth in both commercial aerospace and defense markets, driven by increased air travel demand and global defense spending.
Pratt & Whitney's powdered metal situation is progressing as planned, with service bulletins issued and ultrasonic inspections conducted. The peak of AOGs is expected in Q1 2024, followed by a downward trend.
Raytheon continues to face profitability challenges due to productivity headwinds on fixed price development programs and supply chain issues. The company is implementing measures to improve performance and reduce costs.
RTX provided its financial outlook for 2024, expecting organic sales growth of 7-8%, adjusted EPS of $5.25-$5.40, and free cash flow of approximately $5.7 billion.
The company revised its long-term outlook for Raytheon's operating profit growth, now projecting an annual rate of 1-2.5% from 2020 to 2025, down from the previous range of 5.5-7.5%. However, the overall RTX free cash flow target of $7.5 billion by 2025 remains unchanged.

Current Fair Value

6.2% upside

Undervalued by 6.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$118.79 Billion
Enterprise Value$156.03 Billion
Dividend Yield$2.3358 (2.61%)
Earnings per Share$2.23
Outstanding Shares1,326,826,896
Avg 30 Day Volume7,153,683


Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio37.18
Price to Sales1.76
Price to Book Ratio1.99
Enterprise Value to Revenue2.26
Enterprise Value to EBIT44.9
Enterprise Value to Net Income48
Total Debt to Enterprise0.28
Debt to Equity0.73

Revenue Sources

No data

ESG Score

No data

About Raytheon Technologies Corporation

CEO: Gregory Hayes