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RTX Corp RTX

Morningstar Rating
$104.89 +1.12 (1.08%)
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Company Report

Investors in RTX Are Majoring in Commercial Aerospace, With a Minor Degree in Defense

RTX's businesses include Collins' aerospace componentry and subassemblies, Pratt & Whitney's engines, and Raytheon's missiles, sensors, and communications offerings. The combined entity unites powerhouses in the commercial aerospace and defense contracting industries and is unique in its relatively even split between commercial and defense revenue; most other firms in the industry are heavily skewed one way or the other.

Price vs Fair Value

RTX is trading at a 565% premium.
Price
$103.77
Fair Value
$367.00
Uncertainty
Medium
1-Star Price
$946.57
5-Star Price
$68.70
Economic Moat
Qsc
Capital Allocation
Kkmqgrnc

Bulls Say, Bears Say

Bulls

Pratt & Whitney’s placement on the A320 family and A220 aircraft should substantially increase the company’s installed base of engines in coming years, unlocking decades of high-margin servicing revenue.

Bears

One of the driving factors behind the breakup of United Technologies was to create more-focused businesses. While the combined RTX is more focused on aerospace and defense, it is still large and difficult to manage.

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News

Trading Information

Previous Close Price
$103.77
Day Range
$103.65104.92
52-Week Range
$68.57108.62
Bid/Ask
$104.87 / $104.94
Market Cap
$139.37 Bil
Volume/Avg
89,072 / 6.4 Mil

Key Statistics

Price/Earnings (Normalized)
20.07
Price/Sales
2.05
Dividend Yield (Trailing)
2.31%
Dividend Yield (Forward)
2.43%
Total Yield
11.27%

Company Profile

RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Large Core
Total Number of Employees
185,000

Competitors

Valuation

Metric
RTX
TXT
HON
Price/Earnings (Normalized)
20.0715.9722.86
Price/Book Value
2.288.59
Price/Sales
2.051.323.90
Price/Cash Flow
22.1323.24
Price/Earnings
RTX
TXT
HON

Financial Strength

Metric
RTX
TXT
HON
Quick Ratio
0.640.671.18
Current Ratio
1.071.811.66
Interest Coverage
3.1515.259.46
Quick Ratio
RTX
TXT
HON

Profitability

Metric
RTX
TXT
HON
Return on Assets (Normalized)
2.51%6.36%9.52%
Return on Equity (Normalized)
6.05%15.00%35.30%
Return on Invested Capital (Normalized)
5.17%10.52%16.16%
Return on Assets
RTX
TXT
HON
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Aerospace & Defense Industry Comparables

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Morningstar Rating for Stocks
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Economic Moat
Market Cap
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