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 2,70,616 - -
Change - 15.12% -18.73% 27.6% 59.65% 10.05% - -
Enterprise Value (EV) 1 1,52,648 1,74,224 1,57,954 1,89,708 2,76,367 2,97,752 2,94,613 2,91,126
Change - 14.13% -9.34% 20.1% 45.68% 7.74% -1.05% -1.18%
P/E 33.6x 28.8x 37.7x 32.6x 37x 33.3x 29.7x 26.3x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 3.96x 3.8x 3.63x
PEG - 0.8x -1x 0.6x 0.9x 1.5x 2.4x 2x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.81x 2.62x 2.45x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.1x 2.86x 2.64x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 18.4x 16.7x 15.5x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 23.2x 21x 18.9x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 34.4x 28.1x 24.6x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.9% 3.55% 4.07%
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% 1.42% 1.53% 1.65%
EPS 2 2.56 3.5 2.23 3.55 4.96 6.029 6.761 7.638
Distribution rate 78.3% 61.7% 104% 69.9% 53.8% 47.4% 45.4% 43.4%
Net sales 1 64,388 67,074 68,920 80,738 88,603 96,145 1,03,175 1,10,367
EBITDA 1 11,820 11,931 13,106 14,547 15,767 16,205 17,642 18,778
EBIT 1 7,263 7,823 8,895 10,183 11,389 12,830 14,032 15,440
Net income 1 3,864 5,197 3,195 4,774 6,732 8,287 9,279 10,463
Net Debt 1 23,629 25,694 37,240 35,683 30,469 27,135 23,997 20,510
Reference price 2 86.06 100.92 84.14 115.72 183.40 200.79 200.79 200.79
Nbr of stocks (in thousands) 14,99,176 14,71,758 14,34,680 13,31,016 13,40,772 13,47,758 - -
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.($)
33.3x3.1x18.37x1.42% 27TCr
39.63x7.13x29.61x0.53% 35TCr
34.88x5.13x21.59x0.97% 17TCr
17.24x1.67x12.01x2.67% 12TCr
21.14x1.79x14.65x1.75% 9.71TCr
25.16x1.81x12.71x2.03% 7.49TCr
17.75x1.86x13.22x1.89% 7.32TCr
30.22x3.32x14.61x1.36% 5.61TCr
21.47x2.36x13x1.94% 4.78TCr
Average 26.76x 3.13x 16.64x 1.62% 13.98TCr
Weighted average by Cap. 30.81x 4.08x 20.02x 1.34%

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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  3. RTX Stock
  4. Valuation RTX Corporation
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