Company Valuation: RTX Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 129,019 148,530 120,714 154,025 245,898 263,487 - -
Change - 15.12% -18.73% 27.6% 59.65% 7.15% - -
Enterprise Value (EV) 1 152,648 174,224 157,954 189,708 276,367 290,622 287,484 283,997
Change - 14.13% -9.34% 20.1% 45.68% 5.16% -1.08% -1.21%
P/E 33.6x 28.8x 37.7x 32.6x 37x 32.4x 28.9x 25.6x
PBR 1.76x 2.04x 1.87x 2.56x 3.77x 3.85x 3.7x 3.53x
PEG - 0.8x -1x 0.6x 0.9x 1.5x 2.4x 2x
Capitalization / Revenue 2x 2.21x 1.75x 1.91x 2.78x 2.74x 2.55x 2.39x
EV / Revenue 2.37x 2.6x 2.29x 2.35x 3.12x 3.02x 2.79x 2.57x
EV / EBITDA 12.9x 14.6x 12.1x 13x 17.5x 17.9x 16.3x 15.1x
EV / EBIT 21x 22.3x 17.8x 18.6x 24.3x 22.7x 20.5x 18.4x
EV / FCF 30.5x 35.7x 28.9x 41.8x 34.8x 33.7x 27.3x 24x
FCF Yield 3.28% 2.8% 3.46% 2.39% 2.87% 2.97% 3.66% 4.17%
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% 1.46% 1.57% 1.7%
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 96,145 103,175 110,367
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 12,829 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 84.14 115.72 183.40 195.50 195.50 195.50
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 25/1/22 24/1/23 23/1/24 28/1/25 27/1/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
37.21x6.72x27.98x0.57% 329B
32.4x3.02x17.92x1.46% 263B
33.35x4.9x20.62x1.02% 159B
17.37x1.68x12.1x2.65% 122B
21x1.78x14.56x1.77% 96.39B
18.17x1.9x13.52x1.84% 74.92B
25.31x1.8x12.57x2.04% 74.06B
29.21x3.2x14.07x1.41% 53.68B
Average 26.75x 3.12x 16.67x 1.59% 146.66B
Weighted average by Cap. 29.87x 3.93x 19.43x 1.36%

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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