Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 271,182 - -
Change - 15.12% -18.73% 27.6% 59.65% 10.28% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 298,241 295,283 292,177
Change - 14.13% -9.34% 20.1% 45.68% 7.92% -0.99% -1.05%
P/E 33.6x 28.8x 37.7x 32.6x 37x 35.1x 31.1x 27.6x
PBR 1.76x 2.04x 1.87x 2.56x - 3.92x 3.78x 3.62x
PEG - 0.8x -1x 0.6x 0.9x 2.2x 2.4x 2.2x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.88x 2.69x 2.53x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.17x 2.93x 2.72x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 18.8x 17.1x 16x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 24.1x 21.7x 19.5x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 34.7x 29.4x 25.7x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.88% 3.41% 3.9%
Dividend per Share 2 2.005 2.16 2.32 2.48 - 2.865 3.083 3.327
Rate of return 2.33% 2.14% 2.76% 2.14% - 1.42% 1.53% 1.65%
EPS 2 2.56 3.5 2.23 3.55 4.96 5.736 6.467 7.296
Distribution rate 78.3% 61.7% 104% 69.9% - 49.9% 47.7% 45.6%
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 14,963
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 84.14 115.72 183.40 201.37 201.37 201.37
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
45.8x8.31x34.48x0.49% 395B
39.94x5.37x24.52x0.82% 166B
18x1.75x12.3x2.6% 124B
22.6x1.9x15.56x1.69% 102B
19.58x1.97x13.9x1.78% 77.8B
25.78x1.89x13.41x1.95% 76.73B
31.96x3.57x15.67x1.35% 60.05B
-371.13x57.84x-1112.75x-.--% 53.89B
Average -20.93x 10.32x -122.86x 1.34% 131.9B
Weighted average by Cap. 13.90x 7.78x -34.22x 1.13%

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