Financials in USD. Standardized financial statements.
A compact view of how RTX Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $88.60B | $80.74B | $68.92B | $67.07B | $64.39B | $56.59B | $45.35B | $34.70B | $59.84B | $57.24B |
| Revenue Growth? | +9.7% | +17.1% | +2.8% | +4.2% | +13.8% | +24.8% | +30.7% | -42.0% | +4.5% | 0.0% |
| Cost of Revenue? | $70.81B | $65.33B | $56.83B | $53.41B | $51.90B | $48.06B | $34.60B | $27.46B | $44.20B | $41.47B |
| Gross Profit? | $17.79B | $15.41B | $12.09B | $13.67B | $12.49B | $8.53B | $10.75B | $7.24B | $15.64B | $15.77B |
| Gross Margin? | +20.1% | +19.1% | +17.5% | +20.4% | +19.4% | +15.1% | +23.7% | +20.9% | +26.1% | +27.6% |
| Operating Expenses? | $8.49B | $8.87B | $8.53B | $8.16B | $7.36B | $10.42B | $5.84B | $4.36B | $7.50B | $7.55B |
| Operating Income? | $9.30B | $6.54B | $3.56B | $5.50B | $5.14B | -$1.89B | $4.91B | $2.88B | $8.14B | $8.22B |
| EBITDA? | $14.95B | $12.53B | $9.70B | $11.53B | $11.00B | $3.21B | $8.57B | $5.58B | $10.92B | $10.26B |
| Income Before Tax | $8.73B | $6.19B | $3.84B | $6.12B | $5.11B | -$2.35B | $4.15B | $2.50B | $7.76B | $7.13B |
| Income Tax Expense | $1.66B | $1.18B | $456.00M | $790.00M | $964.00M | $575.00M | $421.00M | $1.10B | $2.84B | $1.70B |
| Net Income? | $6.73B | $4.77B | $3.19B | $5.20B | $3.86B | -$3.52B | $5.54B | $5.27B | $4.55B | $5.05B |
| EPS? | $5.02 | $3.58 | $2.24 | $3.52 | $2.57 | $-2.59 | $6.48 | $6.58 | $5.76 | $6.18 |
| Diluted EPS? | $4.96 | $3.55 | $2.23 | $3.50 | $2.56 | $-2.59 | $6.41 | $6.50 | $5.70 | $6.12 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality