Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 294,377 - -
Change - 15.12% -18.73% 27.6% 59.65% 19.72% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 321,528 318,347 314,899
Change - 14.13% -9.34% 20.1% 45.68% 16.34% -0.99% -1.08%
P/E 33.6x 28.8x 37.7x 32.6x 37x 36.6x 32.6x 29x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 4.3x 4.13x 3.94x
PEG - 0.8x -1x 0.6x 0.9x 1.8x 2.7x 2.3x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 3.06x 2.86x 2.68x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.35x 3.09x 2.86x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 19.8x 18.2x 16.9x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 25.2x 22.8x 20.5x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 37.1x 30.4x 26.7x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.7% 3.29% 3.75%
Dividend per Share 2 2.005 2.16 2.32 2.48 2.67 2.843 3.05 3.288
Rate of return 2.33% 2.14% 2.76% 2.14% 1.46% 1.3% 1.4% 1.51%
EPS 2 2.56 3.5 2.23 3.55 4.96 5.975 6.691 7.535
Distribution rate 78.3% 61.7% 104% 69.9% 53.8% 47.6% 45.6% 43.6%
Net sales 1 64,388 67,074 68,920 80,738 88,603 96,065 102,902 109,920
EBITDA 1 11,820 11,931 13,106 14,547 15,767 16,272 17,537 18,624
EBIT 1 7,263 7,823 8,895 10,183 11,389 12,784 13,970 15,358
Net income 1 3,864 5,197 3,195 4,774 6,732 8,257 9,243 10,407
Net Debt 1 23,629 25,694 37,240 35,683 30,469 27,151 23,970 20,522
Reference price 2 86.06 100.92 84.14 115.72 183.40 218.42 218.42 218.42
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
42.51x7.63x31.71x0.5% 375B
37.31x5.02x22.8x0.87% 155B
19.07x1.83x13.16x2.42% 134B
23.3x1.95x16.02x1.64% 105B
18.91x1.97x13.99x1.77% 77.79B
25.34x1.86x13.26x1.98% 75.38B
26.15x2.75x15.28x1.63% 56.54B
29.99x3.31x14.56x1.43% 55.62B
Average 27.82x 3.29x 17.60x 1.53% 129.27B
Weighted average by Cap. 32.15x 4.57x 21.88x 1.23%

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