Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 290,105 - -
Change - 15.12% -18.73% 27.6% 59.65% 17.98% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 317,256 314,075 310,627
Change - 14.13% -9.34% 20.1% 45.68% 14.8% -1% -1.1%
P/E 33.6x 28.8x 37.7x 32.6x 37x 36x 32.2x 28.6x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 4.24x 4.07x 3.89x
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 3.02x 2.82x 2.64x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.3x 3.05x 2.83x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 19.5x 17.9x 16.7x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 24.8x 22.5x 20.2x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 36.6x 30x 26.3x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.73% 3.33% 3.8%
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% 1.32% 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 84.14 115.72 183.40 215.25 215.25 215.25
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.($)
42.74x7.67x31.88x0.5% 377B
37.48x5.04x22.87x0.87% 155B
19.11x1.84x13.18x2.41% 134B
23.54x1.97x16.18x1.62% 106B
18.96x1.97x14.02x1.77% 78.02B
25.65x1.88x13.41x1.95% 76.31B
31.03x3.43x15.09x1.38% 57.64B
26.3x2.76x15.36x1.62% 56.86B
Average 28.10x 3.32x 17.75x 1.52% 130.21B
Weighted average by Cap. 32.38x 4.59x 22.01x 1.23%

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