Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 288,932 - -
Change - 15.12% -18.73% 27.6% 59.65% 17.5% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 316,083 312,902 309,454
Change - 14.13% -9.34% 20.1% 45.68% 14.37% -1.01% -1.1%
P/E 33.6x 28.8x 37.7x 32.6x 37x 35.9x 32x 28.5x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 4.22x 4.06x 3.87x
PEG - 0.8x -1x 0.6x 0.9x 1.8x 2.7x 2.3x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 3.01x 2.81x 2.63x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.29x 3.04x 2.82x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 19.4x 17.8x 16.6x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 24.7x 22.4x 20.1x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 36.5x 29.9x 26.2x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.74% 3.34% 3.81%
Dividend per Share 2 2.005 2.16 2.32 2.48 2.67 2.843 3.05 3.288
Rate of return 2.33% 2.14% 2.76% 2.14% 1.46% 1.33% 1.42% 1.53%
EPS 2 2.56 3.5 2.23 3.55 4.96 5.975 6.691 7.535
Distribution rate 78.3% 61.7% 104% 69.9% 53.8% 47.6% 45.6% 43.6%
Net sales 1 64,388 67,074 68,920 80,738 88,603 96,065 102,902 109,920
EBITDA 1 11,820 11,931 13,106 14,547 15,767 16,272 17,537 18,624
EBIT 1 7,263 7,823 8,895 10,183 11,389 12,784 13,970 15,358
Net income 1 3,864 5,197 3,195 4,774 6,732 8,257 9,243 10,407
Net Debt 1 23,629 25,694 37,240 35,683 30,469 27,151 23,970 20,522
Reference price 2 86.06 100.92 84.14 115.72 183.40 214.38 214.38 214.38
Nbr of stocks (in thousands) 1,499,176 1,471,758 1,434,680 1,331,016 1,340,772 1,347,758 - -
Announcement Date 1/25/22 1/24/23 1/23/24 1/28/25 1/27/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
41.74x7.5x31.15x0.51% 368B
38.62x5.08x22.11x1.03% 162B
18.88x1.81x13.04x2.44% 132B
22.58x1.9x15.6x1.65% 103B
18.47x1.93x13.69x1.82% 75.98B
26.25x1.9x13.54x1.94% 78.06B
32.53x3.61x15.86x1.32% 61.06B
23.3x2.49x13.68x1.83% 50.65B
Average 27.79x 3.28x 17.33x 1.57% 128.95B
Weighted average by Cap. 32.06x 4.52x 21.47x 1.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield