R

RTX CORPORATION

RTX · CIK 0000101829

19 fiscal years · 69 SEC filings · every number carries its receipt

Revenue (FY)
$88.60B9.7%
FY2025
Net income (FY)
$6.73B41.0%
FY2025
Free cash flow (FY)
$7.94B75.1%
FY2025
Diluted EPS (FY)
$4.9639.7%
FY2025
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$50BFY2007 · Revenue $55.72B · Net income $4.22B · 0001193125-10-027861 · filed 2010-02-11FY07Revenue $55.72BNet income $4.22B0001193125-10-027861 · filed 2010-02-11FY2008 · Revenue $59.76B · Net income $4.69B · 0001193125-10-027861 · filed 2010-02-11 · 0001193125-11-029695 · filed 2011-02-10FY08Revenue $59.76BNet income $4.69B0001193125-10-027861 · filed 2010-02-11 · 0001193125-11-029695 · filed 2011-02-10FY2009 · Revenue $52.92B · Net income $3.83B · 0001193125-10-027861 · filed 2010-02-11 · 0001193125-12-047752 · filed 2012-02-09FY09Revenue $52.92BNet income $3.83B0001193125-10-027861 · filed 2010-02-11 · 0001193125-12-047752 · filed 2012-02-09FY2010 · Revenue $52.27B · Net income $4.37B · 0001193125-13-042195 · filed 2013-02-07FY10Revenue $52.27BNet income $4.37B0001193125-13-042195 · filed 2013-02-07FY2011 · Revenue $55.75B · Net income $4.98B · 0000101829-14-000006 · filed 2014-02-06FY11Revenue $55.75BNet income $4.98B0000101829-14-000006 · filed 2014-02-06FY2012 · Revenue $57.71B · Net income $5.13B · 0000101829-15-000005 · filed 2015-02-05FY12Revenue $57.71BNet income $5.13B0000101829-15-000005 · filed 2015-02-05FY2013 · Revenue $56.60B · Net income $5.72B · 0000101829-16-000050 · filed 2016-02-11FY13Revenue $56.60BNet income $5.72B0000101829-16-000050 · filed 2016-02-11FY2014 · Revenue $57.90B · Net income $6.22B · 0000101829-17-000007 · filed 2017-02-09FY14Revenue $57.90BNet income $6.22B0000101829-17-000007 · filed 2017-02-09FY2015 · Revenue $56.10B · Net income $7.61B · 0000101829-18-000005 · filed 2018-02-09FY15Revenue $56.10BNet income $7.61B0000101829-18-000005 · filed 2018-02-09FY2016 · Revenue $57.24B · Net income $5.05B · 0000101829-19-000007 · filed 2019-02-07FY16Revenue $57.24BNet income $5.05B0000101829-19-000007 · filed 2019-02-07FY2017 · Revenue $59.84B · Net income $4.55B · 0000101829-20-000013 · filed 2020-02-06FY17Revenue $59.84BNet income $4.55B0000101829-20-000013 · filed 2020-02-06FY2018 · Revenue $34.70B · Net income $5.27B · 0000101829-21-000008 · filed 2021-02-08FY18Revenue $34.70BNet income $5.27B0000101829-21-000008 · filed 2021-02-08FY2019 · Revenue $45.35B · Net income $5.54B · 0000101829-22-000005 · filed 2022-02-11FY19Revenue $45.35BNet income $5.54B0000101829-22-000005 · filed 2022-02-11FY2020 · Revenue $56.59B · Net income −$3.52B · 0000101829-23-000009 · filed 2023-02-07FY20Revenue $56.59BNet income −$3.52B0000101829-23-000009 · filed 2023-02-07FY2021 · Revenue $64.39B · Net income $3.86B · 0000101829-24-000008 · filed 2024-02-05FY21Revenue $64.39BNet income $3.86B0000101829-24-000008 · filed 2024-02-05FY2022 · Revenue $67.07B · Net income $5.20B · 0000101829-25-000005 · filed 2025-02-03FY22Revenue $67.07BNet income $5.20B0000101829-25-000005 · filed 2025-02-03FY2023 · Revenue $68.92B · Net income $3.19B · 0000101829-26-000006 · filed 2026-02-06FY23Revenue $68.92BNet income $3.19B0000101829-26-000006 · filed 2026-02-06FY2024 · Revenue $80.74B · Net income $4.77B · 0000101829-26-000006 · filed 2026-02-06FY24Revenue $80.74BNet income $4.77B0000101829-26-000006 · filed 2026-02-06FY2025 · Revenue $88.60B · Net income $6.73B · 0000101829-26-000006 · filed 2026-02-06FY25Revenue $88.60BNet income $6.73B0000101829-26-000006 · filed 2026-02-06FY25Revenue $88.60BNet income $6.73B0000101829-26-000006 · filed 2026-02-06FY07FY10FY13FY16FY19FY22FY25

revenue 1.6× since FY2007 · net margin 7.6% → 7.6%

MarginsNet marginFCF margin
0%10%FY2007 · Net margin 7.6%FY07Net margin 7.6%derived: net income ÷ revenueFY2008 · Net margin 7.8% · FCF margin 8.3%FY08Net margin 7.8%FCF margin 8.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 7.2% · FCF margin 8.6%FY09Net margin 7.2%FCF margin 8.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 8.4% · FCF margin 9.3%FY10Net margin 8.4%FCF margin 9.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 8.9% · FCF margin 9.9%FY11Net margin 8.9%FCF margin 9.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 8.9% · FCF margin 9.0%FY12Net margin 8.9%FCF margin 9.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 10.1% · FCF margin 10.5%FY13Net margin 10.1%FCF margin 10.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 10.7% · FCF margin 9.9%FY14Net margin 10.7%FCF margin 9.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 13.6% · FCF margin 9.1%FY15Net margin 13.6%FCF margin 9.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 8.8% · FCF margin 8.2%FY16Net margin 8.8%FCF margin 8.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 7.6% · FCF margin 6.0%FY17Net margin 7.6%FCF margin 6.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 15.2% · FCF margin 3.5%FY18Net margin 15.2%FCF margin 3.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 12.2% · FCF margin 8.7%FY19Net margin 12.2%FCF margin 8.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin -6.2% · FCF margin 4.5%FY20Net margin -6.2%FCF margin 4.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 6.0% · FCF margin 7.8%FY21Net margin 6.0%FCF margin 7.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 7.7% · FCF margin 7.3%FY22Net margin 7.7%FCF margin 7.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 4.6% · FCF margin 7.9%FY23Net margin 4.6%FCF margin 7.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 5.9% · FCF margin 5.6%FY24Net margin 5.9%FCF margin 5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 7.6% · FCF margin 9.0%FY25Net margin 7.6%FCF margin 9.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 7.6%FCF margin 9.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 7.6% · free cash flow 9.0% of revenue

Cash engineOperating cash flowFree cash flow
$0$5B$10BFY2007 · OCF $5.33B · 0001193125-10-027861 · filed 2010-02-11FY07OCF $5.33B0001193125-10-027861 · filed 2010-02-11FY2008 · OCF $6.16B · FCF $4.95B · 0001193125-11-029695 · filed 2011-02-10FY08OCF $6.16BFCF $4.95B0001193125-11-029695 · filed 2011-02-10FY2009 · OCF $5.35B · FCF $4.53B · 0001193125-12-047752 · filed 2012-02-09FY09OCF $5.35BFCF $4.53B0001193125-12-047752 · filed 2012-02-09FY2010 · OCF $5.72B · FCF $4.88B · 0001193125-13-042195 · filed 2013-02-07FY10OCF $5.72BFCF $4.88B0001193125-13-042195 · filed 2013-02-07FY2011 · OCF $6.46B · FCF $5.53B · 0000101829-14-000006 · filed 2014-02-06FY11OCF $6.46BFCF $5.53B0000101829-14-000006 · filed 2014-02-06FY2012 · OCF $6.61B · FCF $5.22B · 0000101829-15-000005 · filed 2015-02-05FY12OCF $6.61BFCF $5.22B0000101829-15-000005 · filed 2015-02-05FY2013 · OCF $7.50B · FCF $5.94B · 0000101829-15-000005 · filed 2015-02-05FY13OCF $7.50BFCF $5.94B0000101829-15-000005 · filed 2015-02-05FY2014 · OCF $7.34B · FCF $5.74B · 0000101829-15-000005 · filed 2015-02-05FY14OCF $7.34BFCF $5.74B0000101829-15-000005 · filed 2015-02-05FY2015 · OCF $6.75B · FCF $5.10B · 0000101829-18-000005 · filed 2018-02-09FY15OCF $6.75BFCF $5.10B0000101829-18-000005 · filed 2018-02-09FY2016 · OCF $6.41B · FCF $4.71B · 0000101829-19-000007 · filed 2019-02-07FY16OCF $6.41BFCF $4.71B0000101829-19-000007 · filed 2019-02-07FY2017 · OCF $5.63B · FCF $3.62B · 0000101829-20-000013 · filed 2020-02-06FY17OCF $5.63BFCF $3.62B0000101829-20-000013 · filed 2020-02-06FY2018 · OCF $2.67B · FCF $1.20B · 0000101829-21-000008 · filed 2021-02-08FY18OCF $2.67BFCF $1.20B0000101829-21-000008 · filed 2021-02-08FY2019 · OCF $5.82B · FCF $3.95B · 0000101829-22-000005 · filed 2022-02-11FY19OCF $5.82BFCF $3.95B0000101829-22-000005 · filed 2022-02-11FY2020 · OCF $4.33B · FCF $2.54B · 0000101829-23-000009 · filed 2023-02-07FY20OCF $4.33BFCF $2.54B0000101829-23-000009 · filed 2023-02-07FY2021 · OCF $7.14B · FCF $5.01B · 0000101829-24-000008 · filed 2024-02-05FY21OCF $7.14BFCF $5.01B0000101829-24-000008 · filed 2024-02-05FY2022 · OCF $7.17B · FCF $4.88B · 0000101829-25-000005 · filed 2025-02-03FY22OCF $7.17BFCF $4.88B0000101829-25-000005 · filed 2025-02-03FY2023 · OCF $7.88B · FCF $5.47B · 0000101829-26-000006 · filed 2026-02-06FY23OCF $7.88BFCF $5.47B0000101829-26-000006 · filed 2026-02-06FY2024 · OCF $7.16B · FCF $4.53B · 0000101829-26-000006 · filed 2026-02-06FY24OCF $7.16BFCF $4.53B0000101829-26-000006 · filed 2026-02-06FY2025 · OCF $10.57B · FCF $7.94B · 0000101829-26-000006 · filed 2026-02-06FY25OCF $10.57BFCF $7.94B0000101829-26-000006 · filed 2026-02-06FY25OCF $10.57BFCF $7.94B0000101829-26-000006 · filed 2026-02-06’09’13’17’21’25

FY2025: $10.57B operating cash − $2.63B capex = $7.94B free cash flow

Returns on capitalReturn on equityReturn on assets
0%10%20%30%FY2008 · ROE 29.7% · ROA 8.2%FY08ROE 29.7%ROA 8.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 19.1% · ROA 6.9%FY09ROE 19.1%ROA 6.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 20.4% · ROA 7.5%FY10ROE 20.4%ROA 7.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 22.8% · ROA 8.1%FY11ROE 22.8%ROA 8.1%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 19.8% · ROA 5.7%FY12ROE 19.8%ROA 5.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 18.0% · ROA 6.3%FY13ROE 18.0%ROA 6.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 19.9% · ROA 6.8%FY14ROE 19.9%ROA 6.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 27.8% · ROA 8.7%FY15ROE 27.8%ROA 8.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 18.3% · ROA 5.6%FY16ROE 18.3%ROA 5.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 15.4% · ROA 4.7%FY17ROE 15.4%ROA 4.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2018 · ROE 13.7% · ROA 3.9%FY18ROE 13.7%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 13.3% · ROA 4.0%FY19ROE 13.3%ROA 4.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE -4.9% · ROA -2.2%FY20ROE -4.9%ROA -2.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 5.3% · ROA 2.4%FY21ROE 5.3%ROA 2.4%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 7.2% · ROA 3.3%FY22ROE 7.2%ROA 3.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 5.3% · ROA 2.0%FY23ROE 5.3%ROA 2.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 7.9% · ROA 2.9%FY24ROE 7.9%ROA 2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 10.3% · ROA 3.9%FY25ROE 10.3%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 10.3%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assets’09’13’17’21’25

return on equity 30% (FY2008) → 10% (FY2025) · on assets 3.9%

Balance sheetLiabilitiesEquity
$0$50B$100B$150BFY2008 · Liabilities $39.91B · Equity $15.76BFY08Liabilities $39.91BEquity $15.76B0001193125-10-027861 · filed 2010-02-11FY2009 · Liabilities $34.37B · Equity $20.07BFY09Liabilities $34.37BEquity $20.07B0001193125-11-029695 · filed 2011-02-10FY2010 · Liabilities $35.84B · Equity $21.39BFY10Liabilities $35.84BEquity $21.39B0001193125-12-047752 · filed 2012-02-09FY2011 · Liabilities $38.27B · Equity $21.88BFY11Liabilities $38.27BEquity $21.88B0001193125-13-042195 · filed 2013-02-07FY2012 · Liabilities $62.10B · Equity $25.91BFY12Liabilities $62.10BEquity $25.91B0000101829-14-000006 · filed 2014-02-06FY2013 · Liabilities $57.26B · Equity $31.87BFY13Liabilities $57.26BEquity $31.87B0000101829-15-000005 · filed 2015-02-05FY2014 · Liabilities $58.50B · Equity $31.21BFY14Liabilities $58.50BEquity $31.21B0000101829-16-000050 · filed 2016-02-11FY2015 · Liabilities $58.52B · Equity $27.36BFY15Liabilities $58.52BEquity $27.36B0000101829-17-000007 · filed 2017-02-09FY2016 · Liabilities $60.24B · Equity $27.58BFY16Liabilities $60.24BEquity $27.58B0000101829-18-000005 · filed 2018-02-09FY2017 · Liabilities $65.37B · Equity $29.61BFY17Liabilities $65.37BEquity $29.61B0000101829-19-000007 · filed 2019-02-07FY2018 · Liabilities $93.49B · Equity $38.45BFY18Liabilities $93.49BEquity $38.45B0000101829-20-000013 · filed 2020-02-06FY2019 · Liabilities $95.29B · Equity $41.77BFY19Liabilities $95.29BEquity $41.77B0000101829-21-000008 · filed 2021-02-08FY2020 · Liabilities $88.27B · Equity $72.16BFY20Liabilities $88.27BEquity $72.16B0000101829-22-000005 · filed 2022-02-11FY2021 · Liabilities $86.70B · Equity $73.07BFY21Liabilities $86.70BEquity $73.07B0000101829-23-000009 · filed 2023-02-07FY2022 · Liabilities $84.65B · Equity $72.63BFY22Liabilities $84.65BEquity $72.63B0000101829-24-000008 · filed 2024-02-05FY2023 · Liabilities $100.42B · Equity $59.80BFY23Liabilities $100.42BEquity $59.80B0000101829-25-000005 · filed 2025-02-03FY2024 · Liabilities $100.90B · Equity $60.16BFY24Liabilities $100.90BEquity $60.16B0000101829-26-000006 · filed 2026-02-06FY2025 · Liabilities $103.94B · Equity $65.25BFY25Liabilities $103.94BEquity $65.25B0000101829-26-000006 · filed 2026-02-06FY25Liabilities $103.94BEquity $65.25B0000101829-26-000006 · filed 2026-02-06’09’13’17’21’25

FY2025: $171.08B assets · $103.94B liabilities · $65.25B equity

The receipts

Financial statements

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. See methodology.