Third-quarter revenue grew 11% year on year to $25 billion, with double-digit increases in aftermarket engine revenue, original aircraft equipment deliveries, and missile-related sales. Adjusted segment margins increased three points to 15.2% in the quarter, led by a 21.3% margin at Collins.
Pratt & Whitney’s placement on the A320 family and A220 aircraft should substantially increase the company’s installed base of engines in the coming years, unlocking decades of high-margin servicing revenue.
One of the driving factors behind the breakup of United Technologies was to create more-focused businesses. While the combined RTX is concentrated on aerospace and defense, it is still large and complex.
|
Metric
|
RTX
|
LMT
|
GE
|
|---|---|---|---|
Price/Earnings (Normalized) | 28.97 | 21.67 | 37.25 |
Price/Book Value | 3.85 | 14.57 | 17.08 |
Price/Sales | 2.81 | 1.86 | 5.76 |
Price/Cash Flow | 19.35 | 15.66 | 30.86 |
|
Metric
|
RTX
|
LMT
|
GE
|
|---|---|---|---|
Quick Ratio | 0.67 | 1.06 | 0.60 |
Current Ratio | 1.05 | 1.26 | 0.98 |
Interest Coverage | 7.67 | 8.03 | 11.76 |
|
Metric
|
RTX
|
LMT
|
GE
|
|---|---|---|---|
Return on Assets (Normalized) | 5.72% | 11.13% | 6.30% |
Return on Equity (Normalized) | 14.84% | 86.91% | 44.59% |
Return on Invested Capital (Normalized) | 10.33% | 26.73% | 21.58% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Space Exploration Technologies Corp Class A
SPCX
| LOCK|g^r>FPvD | LOCK|B>v$@ | $2T | |||
| GE Aerospace
GE
| LOCK|qSd&pDj | LOCK|wT | $299B | |||
| Airbus SE ADR
EADSY
| LOCK|qBdH^?^ | LOCK|Tmt | $171B | |||
| Boeing Co
BA
| LOCK|%&DX<< | LOCK|s> | $149B | |||
| Lockheed Martin Corp
LMT
| LOCK|zJB?Zk? | LOCK|#QJ | $147B | |||
| Rolls-Royce Holdings PLC ADR
RYCEY
| LOCK|ZZxq^p% | LOCK|wWQ<? | $136B | |||
| General Dynamics Corp
GD
| LOCK|DlrmkQ?& | LOCK|Q! | $97B | |||
| Northrop Grumman Corp
NOC
| LOCK|Cvcz!Z@r | LOCK|p# | $80B | |||
| BAE Systems PLC ADR
BAESY
| LOCK|Y?MX!M^ | LOCK|Gz% | $76B |
United States