Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,29,019 1,48,530 1,20,714 1,54,025 2,45,898 2,51,278 - -
Change - 15.12% -18.73% 27.6% 59.65% 2.19% - -
Enterprise Value (EV) 1 1,52,648 1,74,224 1,57,954 1,89,708 2,76,367 2,78,361 2,75,421 2,72,345
Change - 14.13% -9.34% 20.1% 45.68% 0.72% -1.06% -1.12%
P/E 33.6x 28.8x 37.7x 32.6x 37x 32.6x 28.9x 25.6x
PBR 1.76x 2.04x 1.87x 2.56x - 3.63x 3.5x 3.36x
PEG - 0.8x -1x 0.6x 0.9x 2.1x 2.3x 2x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.67x 2.5x 2.34x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 2.96x 2.74x 2.54x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 17.6x 16x 14.9x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 22.5x 20.2x 18.2x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 32.4x 27.4x 23.9x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 3.09% 3.65% 4.18%
Dividend per Share 2 2.005 2.16 2.32 2.48 - 2.878 3.083 3.327
Rate of return 2.33% 2.14% 2.76% 2.14% - 1.54% 1.65% 1.78%
EPS 2 2.56 3.5 2.23 3.55 4.96 5.731 6.461 7.283
Distribution rate 78.3% 61.7% 104% 69.9% - 50.2% 47.7% 45.7%
Net sales 1 64,388 67,074 68,920 80,738 88,603 94,055 1,00,644 1,07,382
EBITDA 1 11,820 11,931 13,106 14,547 15,767 15,829 17,233 18,233
EBIT 1 7,263 7,823 8,895 10,183 11,389 12,349 13,609 14,944
Net income 1 3,864 5,197 3,195 4,774 6,732 7,887 8,872 9,974
Net Debt 1 23,629 25,694 37,240 35,683 30,469 27,084 24,143 21,067
Reference price 2 86.06 100.92 84.14 115.72 183.40 186.59 186.59 186.59
Nbr of stocks (in thousands) 14,99,176 14,71,758 14,34,680 13,31,016 13,40,772 13,46,683 - -
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.($)
32.56x2.96x17.59x1.54% 25TCr
45.62x8.16x33.79x0.48% 39TCr
38.02x5.11x23.32x0.86% 16TCr
16.9x1.65x11.63x2.75% 12TCr
20.68x1.74x14.29x1.85% 9.31TCr
17.86x1.81x12.81x1.95% 7.09TCr
22.95x1.69x12x2.21% 6.72TCr
24.81x2.64x14.65x1.72% 5.37TCr
26.68x2.95x12.96x1.62% 5.02TCr
Average 27.34x 3.19x 17.00x 1.66% 13.85TCr
Weighted average by Cap. 33.03x 4.49x 21.65x 1.33%

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

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