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NYSE · Industrials

RTX Corp (RTX)

As-reported financials and SEC filings for RTX Corp. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About RTX Corp

RTX Corporation is an aerospace and defense company that provides advanced systems and services to commercial, military, and government customers worldwide. Its main business segments include Collins Aerospace, which offers aerospace products and aftermarket services; Pratt & Whitney, which designs and services aircraft engines; and Raytheon, which provides defense-related systems. RTX serves aircraft manufacturers, airlines, governments, and defense contractors globally.

Snapshot

Revenue
$88.60B
Revenue growth (YoY)
9.7%
Net income
$6.73B
Diluted EPS
$4.96
Gross margin
—
Operating margin
10.5%
Net margin
7.6%
FCF margin
9.0%
ROE
10.0%
net income / fiscal-year-end equity
P/E
31.1×
trailing when available, otherwise FY EPS
Market cap
$266.49B
Long-term debt / equity
0.51×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at RTX

  • Revenue grew 9.7% to $88.6B in FY2025, slower than the 17.1% the year before.
  • Operating margin is 10.5% in FY2025, +2.5 pp against 8.0% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $25.0B, up 11.1% from Q3 FY2025.
  • Free cash flow was $7.9B in FY2025, 9.0% of revenue.
  • Net income rose 41.0% to $6.7B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where RTX’s fundamentals sit among the 667 Industrials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin10.5%
67th percentile of 598
Net margin7.6%
68th percentile of 630
FCF margin9.0%
66th percentile of 545
Revenue growth (YoY)+9.7%
65th percentile of 652
ROE10.0%
59th percentile of 589
P/E31.1×
69th percentile of 407
Long-term debt / equity0.51×
51st percentile of 405
Short interest3.46d
46th percentile of 660

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $3.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+7 quant / multi-strat
Initiated / added
9
2 new, 7 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$9.92B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ2 2026$6.66B35.1MReduced
Point72 Asset ManagementquantQ2 2026$625.7M3.3MAdded
Two Sigma InvestmentsquantQ2 2026$589.7M3.1MAdded
D. E. ShawquantQ2 2026$523.7M2.8MAdded
AQR Capital ManagementquantQ2 2026$496.6M2.6MAdded
Citadel AdvisorsquantQ2 2026$361.9M1.9MAdded
Maverick CapitalQ2 2026$294.2M1.6MAdded
Millennium ManagementquantQ2 2026$234.0M1.2MReduced
Renaissance TechnologiesquantQ2 2026$44.4M234.0KNew
Markel GroupQ2 2026$42.5M224.0KHeld
Gotham Asset ManagementQ2 2026$37.8M199.5KAdded
Bridgewater AssociatesQ2 2026$5.0M26.2KNew

No longer held by: Appaloosa (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
1
$3.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-18
filed 2026-08-19
Ramsaran MaharajhEVP and General CounselSell13.7K$223.92$3.1M
2026-07-28
Kevin G. DasilvaSenior VP and TreasurerSell2.3K$216.93$488K
2026-07-27
filed 2026-07-28
Tracy A. AtkinsonDirectorSell2.3K$218.05$500K
2026-07-24
filed 2026-07-28
Troy D. BrunkPresident, Collins AerospaceSell6.7K$210.20$1.4M
2026-07-24
filed 2026-07-28
Kevin G. DasilvaSenior VP and TreasurerSell4.8K$213.62$1.0M
2026-07-24
filed 2026-07-28
Troy D. BrunkPresident, Collins AerospaceSell1.8K$210.65$381K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
13.8M
settled 2026-10-15
Change vs prior
+0.9%
vs previous settlement
Days to cover
3.46
at avg daily volume
Avg daily volume
4.0M
FINRA reported
SettlementShares shortChangeDays to cover
2026-10-1513.8M+0.9%3.46
2026-09-3013.7M+0.1%3.17
2026-09-1513.6M+10.6%3.80
2026-08-3112.3M-4.7%2.73
2026-08-1412.9M-28.3%3.11
2026-07-3118.1M+5.8%3.10
2026-07-1517.1M+5.9%4.04
2026-06-3016.1M-14.6%2.90

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$88.60B$80.74B$68.92B$67.07B$64.39B
Gross profit—————
Operating income$9.30B$6.54B$3.56B$5.50B$5.14B
Pre-tax income$8.73B$6.19B$3.84B$6.12B$5.11B
Net income$6.73B$4.77B$3.19B$5.20B$3.86B
Diluted EPS$4.96$3.55$2.23$3.50$2.56

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$10.57B$7.16B$7.88B$7.17B$7.14B
Capital expenditure$2.63B$2.63B$2.42B$2.29B$2.13B
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$24.96B11.1%$2.58B$1.89
Q2 FY2026$24.71B14.5%$2.14B$1.57
Q1 FY2026$22.08B8.7%$2.06B$1.51
Q4 FY202512.1%
Q3 FY2025$22.48B11.9%$1.92B$1.41
Q2 FY2025$21.58B9.4%$1.66B$1.22
Q1 FY2025$20.31B5.2%$1.53B$1.14
Q4 FY20248.5%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorIndustrials
SIC industryAircraft Engines & Engine Parts
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ3 FY2026 (ended September 30, 2026)
Oldest indexed filing2017
SEC CIK101829

Selected SEC filings

10-K2026-02-06
View on EDGAR →
10-K2025-02-03
View on EDGAR →
10-Q2026-10-20
View on EDGAR →
10-Q2026-07-23
View on EDGAR →
10-Q2026-04-21
View on EDGAR →
10-Q2025-10-21
View on EDGAR →
8-K2026-10-20
View on EDGAR →
8-K2026-09-15
View on EDGAR →

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RTX head to head

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.