Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 293,717 - -
Change - 15.12% -18.73% 27.6% 59.65% 19.45% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 320,868 317,687 314,239
Change - 14.13% -9.34% 20.1% 45.68% 16.1% -0.99% -1.09%
P/E 33.6x 28.8x 37.7x 32.6x 37x 36.2x 32.5x 28.8x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 4.29x 4.12x 3.94x
PEG - 0.8x -1x 0.6x 0.9x 1.7x 2.8x 2.3x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 3.05x 2.85x 2.67x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.34x 3.08x 2.85x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 19.7x 18.1x 16.8x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 25.1x 22.7x 20.5x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 37.1x 30.3x 26.6x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.69% 3.3% 3.77%
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% 1.3% 1.4% 1.51%
EPS 2 2.56 3.5 2.23 3.55 4.96 6.019 6.714 7.569
Distribution rate 78.3% 61.7% 104% 69.9% 53.8% 47.2% 45.4% 43.4%
Net sales 1 64,388 67,074 68,920 80,738 88,603 96,160 103,014 110,089
EBITDA 1 11,820 11,931 13,106 14,547 15,767 16,297 17,571 18,676
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 8,287 9,273 10,454
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 84.14 115.72 183.40 217.93 217.93 217.93
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.($)
44.35x7.96x33.06x0.48% 391B
36.02x5.3x22.67x0.92% 171B
19.38x1.86x13.35x2.38% 136B
22.75x1.92x15.74x1.64% 104B
27.88x2x14.01x1.82% 83.16B
19.01x1.98x14.08x1.76% 78.35B
34.28x3.81x16.69x1.25% 64.36B
23.63x2.6x14.32x1.75% 53.13B
Average 28.41x 3.43x 17.99x 1.5% 135.17B
Weighted average by Cap. 33.09x 4.79x 22.53x 1.2%

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