Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 249,349 - -
Change - 15.12% -18.73% 27.6% 59.65% 1.4% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 276,386 273,234 269,716
Change - 14.13% -9.34% 20.1% 45.68% 0.01% -1.14% -1.29%
P/E 33.6x 28.8x 37.7x 32.6x 37x 30.7x 27.3x 24.2x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 3.64x 3.49x 3.33x
PEG - 0.8x -1x 0.6x 0.9x 1.4x 2.2x 1.9x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.59x 2.41x 2.26x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 2.87x 2.65x 2.44x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 17.1x 15.5x 14.3x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 21.5x 19.5x 17.4x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 31.9x 25.9x 23x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 3.13% 3.86% 4.36%
Dividend per Share 2 2.005 2.16 2.32 2.48 2.67 2.858 3.07 3.314
Rate of return 2.33% 2.14% 2.76% 2.14% 1.46% 1.54% 1.66% 1.79%
EPS 2 2.56 3.5 2.23 3.55 4.96 6.032 6.771 7.656
Distribution rate 78.3% 61.7% 104% 69.9% 53.8% 47.4% 45.3% 43.3%
Net sales 1 64,388 67,074 68,920 80,738 88,603 96,168 103,262 110,521
EBITDA 1 11,820 11,931 13,106 14,547 15,767 16,210 17,660 18,809
EBIT 1 7,263 7,823 8,895 10,183 11,389 12,836 14,046 15,461
Net income 1 3,864 5,197 3,195 4,774 6,732 8,291 9,295 10,491
Net Debt 1 23,629 25,694 37,240 35,683 30,469 27,037 23,885 20,367
Reference price 2 86.06 100.92 84.14 115.72 183.40 185.01 185.01 185.01
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 25/01/22 24/01/23 23/01/24 28/01/25 27/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
36.05x6.62x27.73x0.58% 324B
30.67x2.87x17.05x1.54% 249B
24.97x1.65x12.31x1.84% 165B
34.72x5.05x21.22x0.98% 161B
32.75x3.59x16.28x1.26% 153B
-708.45x1.78x40.29x-.--% 152B
16.58x1.61x11.61x2.77% 117B
41.47x9.35x29x0.23% 91.08B
19.58x1.66x13.6x1.9% 89.88B
Average -52.41x 3.80x 21.01x 1.23% 166.94B
Weighted average by Cap. -44.01x 3.97x 21.65x 1.16%

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