Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 263,856 - -
Change - 15.12% -18.73% 27.6% 59.65% 7.3% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 290,916 287,957 284,851
Change - 14.13% -9.34% 20.1% 45.68% 5.26% -1.02% -1.08%
P/E 33.6x 28.8x 37.7x 32.6x 37x 34.2x 30.3x 26.9x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 3.81x 3.67x 3.53x
PEG - 0.8x -1x 0.6x 0.9x 2.2x 2.4x 2.1x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.8x 2.62x 2.46x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.09x 2.86x 2.65x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 18.4x 16.7x 15.6x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 23.5x 21.1x 19x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 33.8x 28.6x 25x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.96% 3.49% 4%
Dividend per Share 2 2.005 2.16 2.32 2.48 2.67 2.865 3.067 3.297
Rate of return 2.33% 2.14% 2.76% 2.14% 1.46% 1.46% 1.57% 1.68%
EPS 2 2.56 3.5 2.23 3.55 4.96 5.737 6.467 7.296
Distribution rate 78.3% 61.7% 104% 69.9% 53.8% 49.9% 47.4% 45.2%
Net sales 1 64,388 67,074 68,920 80,738 88,603 94,082 100,662 107,387
EBITDA 1 11,820 11,931 13,106 14,547 15,767 15,832 17,231 18,231
EBIT 1 7,263 7,823 8,895 10,183 11,389 12,361 13,617 14,964
Net income 1 3,864 5,197 3,195 4,774 6,732 7,895 8,881 9,994
Net Debt 1 23,629 25,694 37,240 35,683 30,469 27,060 24,102 20,995
Reference price 2 86.06 100.92 84.14 115.72 183.40 195.93 195.93 195.93
Nbr of stocks (in thousands) 1,499,176 1,471,758 1,434,680 1,331,016 1,340,772 1,346,683 - -
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.($)
43.07x7.87x32.7x0.48% 375B
37.96x5.11x23.25x0.86% 159B
17.5x1.71x12x2.69% 121B
22.49x1.89x15.47x1.7% 101B
19.29x1.94x13.72x1.8% 76.65B
23.59x1.74x12.37x2.13% 70.47B
24.99x2.65x14.7x1.7% 54.17B
28.27x3.12x13.69x1.51% 52.78B
Average 27.14x 3.25x 17.24x 1.61% 126.23B
Weighted average by Cap. 32.24x 4.70x 22.19x 1.26%

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