Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 248,432 - -
Change - 15.12% -18.73% 27.6% 59.65% 1.03% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 275,469 272,317 268,800
Change - 14.13% -9.34% 20.1% 45.68% -0.32% -1.14% -1.29%
P/E 33.6x 28.8x 37.7x 32.6x 37x 30.6x 27.2x 24.1x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 3.62x 3.48x 3.31x
PEG - 0.8x -1x 0.6x 0.9x 1.4x 2.2x 1.8x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.58x 2.41x 2.25x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 2.86x 2.64x 2.43x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 17x 15.4x 14.3x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 21.5x 19.4x 17.4x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 31.8x 25.8x 22.9x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 3.14% 3.87% 4.37%
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% 1.55% 1.67% 1.8%
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 84.14 115.72 183.40 184.33 184.33 184.33
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 1/25/22 A 1/24/23 A 1/23/24 A 1/28/25 A 1/27/26 A - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.47x6.56x27.49x0.58% 321B
30.62x2.87x17.02x1.55% 249B
25.47x1.69x12.58x1.81% 169B
34.84x5.07x21.3x0.98% 162B
33.06x3.63x16.44x1.25% 154B
-713.16x1.79x40.52x-.--% 153B
16.58x1.61x11.61x2.77% 117B
42x9.46x29.35x0.22% 92.23B
19.42x1.65x13.5x1.91% 89.17B
Average -52.86x 3.81x 21.09x 1.23% 167.33B
Weighted average by Cap. -44.83x 3.96x 21.67x 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