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Collins Aerospace Systems

Pratt & Whitney

Raytheon Intelligence & Space

Raytheon Missiles & Defense

Eliminations and other

Raytheon

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Raytheon Technologies

Raytheon Technologies Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems, Pratt and Whitney, Raytheon Intelligence and Space, and Raytheon Missiles and Defense. The Collins Aerospace Systems segment manufactures and sells aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes the design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The Raytheon Intelligence and Space segment is involved in the development of sensors, training, and cyber and software solutions. The Raytheon Missiles and Defense segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 1922 and is headquartered in Arlington, VA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Raytheon Technologies (RTX) posts robust Q4 results amidst supply chain challenges

Raytheon Technologies (RTX) delivered solid financial results in Q4 2022, highlighted by strong sales, bookings, and backlog growth. The company faces challenges in supply chain, labor, and inflation but is proactively addressing these issues. With a focus on innovation and customer alignment, RTX is poised for growth and profitability in 2023.

Raytheon Technologies (RTX) posts strong Q1 results and navigates challenges

Raytheon Technologies (RTX) reported a strong Q1 performance with robust financial results and a record backlog of $180 billion. The company faces challenges with negative engine margin headwinds and working capital impacts but sees opportunities in defense budget support and business realignment. Overall, RTX remains well-positioned for growth and performance.

Raytheon Technologies (RTX) excels in Q2 2023 despite Pratt issue

Raytheon Technologies (RTX) reported a strong Q2 2023 performance with record new orders and backlog, despite challenges from Pratt & Whitney's engine issue. The company's strategic decisions, positive outlook for defense margins, and focus on efficiency improvements position it well for long-term success.

Raytheon Technologies (RTX) reports robust Q3 performance amidst defense opportunities

Raytheon Technologies (RTX) delivered strong financial results in Q3, driven by defense sales and operational improvements. The company is navigating challenges related to the powder metal matter and fleet inspections while capitalizing on growth opportunities in defense spending. RTX's strategic focus on efficiency, innovation, and shareholder returns positions it well for future success.

Raytheon Technologies (RTX) posts record sales and backlog in Q4 2023

Raytheon Technologies (RTX) is poised for growth in 2024, driven by strong demand for its products and strategic initiatives to improve profitability. While facing challenges in certain segments, the company remains committed to enhancing operational efficiency and delivering value to shareholders.

Raytheon Technologies reports robust Q1 performance and strategic growth outlook

Raytheon Technologies (RTX) showcased a strong Q1 performance with sales and profit growth across segments, underlining operational efficiency and financial strength. The company faces challenges in supply chain dynamics and fixed price programs but is leveraging strengths in technology investments and operational excellence for future growth. Opportunities in advanced capabilities, international orders, and strategic shifts position Raytheon well for continued success.

Raytheon Technologies (RTX) posts strong Q2 earnings and outlines growth strategies

Raytheon Technologies (RTX) reported strong Q2 2024 earnings, with solid performance across segments and raised outlook for the year. Strategic priorities focus on meeting customer demand, sales growth, margin expansion, and cash flow generation. Future engine developments and profit alignment offer growth opportunities.

Raytheon Technologies (RTX) excels in Q3, eyes innovation for growth

Raytheon Technologies (RTX) reported a strong performance in Q3 2024, with notable achievements in sales growth, margin expansion, and cash flow generation. The company's strategic priorities include focusing on core initiatives, innovation, and supply chain efficiencies to drive continued growth and profitability.

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RTX Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems (Collins), Pratt and Whitney, Raytheon Intelligence and Space (RIS), and Raytheon Missiles and Defense (RMD). The Collins segment manufactures and sells aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes the design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The RIS segment is involved in the development of sensors, training, and cyber and software solutions. The RMD segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 1922 and is headquartered in Arlington, VA.

The robust commercial and defense spending trends have already contributed to RTX's double beat FQ3'24 earnings performance and raised FY2024 guidance. The growing backlog also offers an extremely promising insight into its long-term top/ bottom-line recognition and highly sticky consumer base. Despite the recent rally, we believe that RTX remains compelling at FWD PEG ratio of 2.11x compared to its historical trends and the aerospace and defense peers.

RTX Corp.: Geopolitical Tension And Growing Commercial Travel Trigger Robust Tailwinds

New systems were produced at Collins' facility in Nördlingen, Germany NÖRDLINGEN, Germany , Oct. 28, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has completed prototype development of a solid-state power controller and power distribution panel as part of the SWITCH project, supported by the European Union's Clean Aviation Joint Undertaking (Clean Aviation). Following design and production in Nördlingen, the megawatt-class power distribution components will now be shipped to Collins' state-of-the-art electric power systems lab, The Grid, in Rockford, Illinois for system integration testing.

RTX's Collins Aerospace completes prototype development of high-voltage power distribution components for Clean Aviation SWITCH project

General Electric

Union Pacific

This earnings season has been a great reminder of the power of dividend growth investing. Strong earnings have only strengthened my confidence in my favorite stocks. I'm highlighting three stocks that have consistently performed well and continue to impress with their earnings. They also offer long-term dividend growth potential. These companies have proven they can deliver strong results, reinforcing my decision to keep them in my portfolio. I see more growth ahead for these dividend gems.

3 Of My Favourite Dividend Stocks That Just Keep Winning

Lockheed Martin

Shares of Lockheed Martin NYSE: LMT and RTX NYSE: RTX are up by 40% and 80% since early 2024 and can continue to set new highs this year and next. Their businesses are thriving because of increased global demand, and they sustain growth, robust cash flow, and ample capital returns, which are primary drivers of share price action.

The Rally in Lockheed Martin and RTX Can Continue: Here's Why

RTX Corporation's Q3 earnings showed strong sales and EPS growth, with a 6% sales increase and 16% EPS growth, driven by share repurchases and margin expansion. Pratt & Whitney and Raytheon segments performed well, with Pratt & Whitney seeing 14% sales growth and Raytheon achieving a 16% profit increase despite a 1% sales decline. RTX's guidance indicates higher sales and EPS but unchanged free cash flow, with risks from lower Boeing 737 MAX production already factored in.

Is RTX Stock Too Expensive After Earnings?

Boeing

Spirit AeroSystems Hlds

Boeing workers rejected a deal to end the strike for the second time, late Wednesday.

Spirit AeroSystems Gets Hit By Boeing Strike. What Is Means for GE, RTX and Other Suppliers.

Doubled production floor space and new machinery improves capacity and customization opportunities LAS VEGAS , Oct. 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business is expanding its executive aircraft seating facility in Medley, Florida. The $2 million investment doubles the facility's upholstery production floor space to 30,000 square feet and adds state-of-the-art machining equipment that improves production efficiencies, enhances capabilities and reduces material waste.

RTX's Collins Aerospace expands executive aircraft seating operations in Medley, Florida

The TOW weapon system will be in service with the U.S. and allied forces beyond 2050 TUCSON, Ariz. , Oct. 23, 2024 /PRNewswire/ -- Raytheon, an RTX (NYSE: RTX) business, was awarded $676 million to continue manufacturing the tube-launched, optically-tracked, wireless-guided TOW® weapon system for the U.S. Army.

U.S. Army awards RTX's Raytheon TOW contracts for $676 million

RTX Corporation remains a high-conviction investment due to its strong market position, massive backlog, and strategic investments in defense and commercial sectors. The company reported 8% organic sales growth, a $221 billion backlog, and significant new orders, supporting future growth and elevated shareholder returns. RTX's diversified business model and global defense spending tailwinds provide a strong runway for continued growth, despite near-term uncertainties like GTF engine inspections.

Locked & Loaded: Why RTX Remains One Of My Best Investment Ideas

Agreement marks significant expansion of Collins' 787 MRO services in Europe BARCELONA, Spain , Oct. 23, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, today announced it has signed a 10-year contract with Air Europa to provide comprehensive maintenance, repair and overhaul (MRO) services for the airline's fleet of 787 aircraft. Through its FlightSense® and DispatchSM  combined asset and MRO programs, Collins will supply Air Europa with onsite support for a number of 787 systems, including electric power, environmental control, avionics, lighting and cargo.

RTX's Collins Aerospace inks 787 MRO award with Air Europa

RTX Corp (NYSE:RTX, ETR:5UR) reported impressive financial results for the third quarter, with both sales and profit exceeding expectations. The aerospace and defense company, parent of engine maker Pratt & Whitney, posted sales of $20.1 billion, ahead of estimates of $19.1 billion.

RTX swings to a profit for Q3, raises full-year guidance

RTX Corporation (NYSE:RTX ) Q3 2024 Earnings Conference Call October 22, 2024 8:30 AM ET Company Participants Christopher Calio - President & CEO Neil Mitchill - CFO Nathan Ware – VP, IR Conference Call Participants Robert Stallard - Vertical Research Myles Walton - Wolfe Research Jason Gursky - Citi Sheila Kahyaoglu - Jefferies Peter Arment - Baird Ronald Epstein - Bank of America Gautam Khanna - TD Cowen Seth Seifman - JPMorgan Noah Poponak - Goldman Sachs David Strauss - Barclays Douglas Harned - Bernstein Gavin Parsons - UBS Scott Deuschle - Deutsche Bank Operator Good day, ladies and gentlemen, and welcome to the RTX Third Quarter 2024 Earnings Conference Call. My name is Latif, and I will be your operator for today.

RTX Corporation (RTX) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for RTX (RTX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, RTX (RTX) Q3 Earnings: A Look at Key Metrics

RTX's third-quarter sales total $20.09 billion, which surpasses the Zacks Consensus Estimate by 0.9%. The top line also surges a solid 49.2% year over year.

RTX Beats on Q3 Earnings & Sales, Raises '24 Sales View

RTX (RTX) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.25 per share a year ago.

RTX (RTX) Q3 Earnings and Revenues Surpass Estimates

RTX on Tuesday raised its 2024 adjusted profit and sales forecasts for the second time, citing strong demand for aircraft repairs and defense systems.

RTX boosts 2024 forecasts again on demand for aircraft repairs, defense systems

RTX delivers strong operational performance; Increases 2024 outlook for adjusted sales* and adjusted EPS* ARLINGTON, Va. , Oct. 22, 2024 /PRNewswire/ -- RTX (NYSE: RTX) reported third quarter 2024 results.

RTX Reports Third Quarter 2024 Results

Honeywell

Illinois Tool Works

For buy-and-hold investors, success is found in diverse companies that can produce year after year.

3 Industrial Dividend Growth Stocks to Buy With $600 and Hold Forever

Analysts expect most defense contractors to report gains to earnings and revenue as Lockheed Martin and RTX lead results on Tuesday.

Lockheed Martin, RTX Lead Defense Earnings; These Names Near Buy Points

A new user interface and 4K smart monitors improve system performance, simplify operations and enhance inflight entertainment LAS VEGAS , Oct. 21, 2024 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, announced the first deliveries of its new Venue™ cabin management system (CMS). The upgraded Venue is equipped with Collins' all new smart monitors and upgraded graphical user interface (GUI), enhancing entertainment, usability and simplicity for operators and passengers, alike.

RTX's Collins Aerospace delivers first upgraded Venue™ cabin management systems with smart monitors

L3Harris

Northrop Grumman

Rocket Lab USA

It costs a lot of money to build a missile defense satellite system. For space stock investors, that's good news.

Space Force Prepares to Spend Billions More on Its Multibillion-Dollar Missile Defense System

RTX (RTX) reachead $125.92 at the closing of the latest trading day, reflecting a +0.14% change compared to its last close.

Here's Why RTX (RTX) Gained But Lagged the Market Today

RTX's earnings outpace the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.62%.

Should You Add RTX Stock to Your Portfolio Pre-Q3 Earnings Release?

RTX Corporation's defense contract value declined by 26.6% to $20.2 billion, driven by lower volumes and contract values, but not at an alarming rate. The $7.3 billion reduction in contract value was mainly due to specific program declines, including the F-35 and Patriot system, partially offset by radar and missile defense contracts. RTX has a diversified defense portfolio, with significant exposure to missiles, missile defense, radars, and aircraft engines, including the F-35 program.

RTX Corporation: I Maintain A Buy Rating Despite Apparent Imbalance In Defense

The Raytheon subsidiary of defense contractor RTX agreed to pay more than $950 million to settle Department of Justice investigations into an alleged government contract fraud scheme, violations of foreign bribery laws and the Arms Export Control Act. "Raytheon engaged in criminal schemes to defraud the U.S. government in connection with contracts for critical military systems and to win business through bribery in Qatar," said Deputy Assistant Attorney General Kevin Driscoll.

News for Raytheon Technologies Stock (RTX)