RTX Corporation (RTX) Stock

RTX Corporation (RTX) is a Industrials stock trading at $194.53 (as of 2026-07-20), with a market capitalization of $261.97B and a trailing P/E of 36.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment also designs, produces, and supports cabin interior, including oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; battlespace, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset and information management services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon segment provides defensive and offensive threat detection, tracking, and mitigation capabilities for U.S., foreign government, and commercial customers. The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023. RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia.

Understand RTX Corporation: how it makes money

RTX makes aerospace and defense systems and services for commercial and military customers, and earns money by selling through three businesses (Collins Aerospace, Pratt & Whitney, and Raytheon), including Collins aftermarket service solutions for civil and military aircraft and airlines.

RTXs profit engine is the combination of large aerospace and defense product sales with Collins aftermarket service solutions tied to civil and military aircraft operators.

Revenue by segment (latest quarter)
Collins$7.6B
Pratt & Whitney$8.2B
Raytheon$6.9B

Business quality (Mixed): Well-defined three-segment structure spanning commercial aerospace and defense, with an operating profit view available at the segment level (investors can track both sales and segment operating performance).

Valuation: At 35× earnings, RTX trades 34% below the Aircraft average (54×). Note: one-time items can distort reported P/E.

Bull case

  • Three distinct profit engines: RTX operates through Collins Aerospace, Pratt & Whitney, and Raytheon, which gives the company multiple sources of segment sales and segment operating profit.
  • Aftermarket service contribution in Collins: Collins provides aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, which complements its products.

Bear case

  • Demand tied to aerospace customers: RTXs businesses serve commercial, military, and government customers, so end-market demand can be sensitive to conditions affecting those customers.
  • Segment performance can diverge: Because RTX reports results across three major segments, weakness in one segment could pressure overall results even if other segments remain stable.
Valuation — source: SEC EDGAR (first-party)
Price$194.53
Market Cap$261.97B
P/E Ratio36.1
EV / EBITDA26.0
Price / Book3.85
Price / Sales2.90
FCF Yield3.2%
DCF Value (model)$87.21
DCF Upside vs Price-55.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$88.60B
Net Margin7.6%
Revenue Growth (YoY)8.7%
EPS Growth (YoY)33.0%
FCF Growth (YoY)65.3%
Financial Health — source: SEC EDGAR
Altman Z-Score2.68 (grey)
Valuation vs Sector & Industry
Stock P/E36.1
Sector P/E (Industrials)28.4
Industry P/E (Aircraft)43.0
vs Sector27.0%
vs Industry-15.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)9
Top Institutional HolderVANGUARD GROUP INC ($22.92B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorIndustrials
IndustryAircraft
CEOChristopher T. Calio
Employees185,000
CountryUS
IPO Date1952-09-15

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RTX earnings history · RTX institutional & insider holders · RTX KPIs & operating metrics · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-07-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.