RTX Corporation's Income Statement Analysis: Revenue to Profit Breakdown
RTX Corporation's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$64.36 B | $67.07 B | $68.92 B | $80.74 B | $88.60 B | $90.37 B |
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Cost of Revenue Direct cost of goods/services. |
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$51.86 B | $53.41 B | $56.83 B | $65.33 B | $70.81 B | $72.11 B |
Gross Profit Revenue minus cost of revenue. |
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$12.50 B | $13.67 B | $12.09 B | $15.41 B | $17.79 B | $18.27 B |
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Operating Expense
Costs to run business. |
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$7.83 B | $8.28 B | $8.61 B | $8.74 B | $8.90 B | $8.86 B |
Research and Development Investment in innovation. |
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$2.73 B | $2.71 B | $2.81 B | $2.93 B | $2.81 B | $2.80 B |
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Sales, General and Administrative
Selling and admin costs. |
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$5.10 B | $5.57 B | $5.81 B | $5.81 B | $6.10 B | $6.12 B |
General and Administrative Corporate overhead costs. |
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- | - | - | - | - | $1.48 B |
Sales and Marketing Customer acquisition costs. |
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- | - | - | - | - | - |
Other Expenses Other operating costs. |
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- | - | - | - | - | -$64.00 M |
Operating Income Profit from operations. |
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$4.67 B | $5.38 B | $3.48 B | $6.67 B | $8.90 B | $9.41 B |
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Net Interest Income
Interest income minus expense. |
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-$1.29 B | -$1.23 B | -$1.55 B | -$1.87 B | -$1.71 B | -$1.61 B |
Interest Income Income from investments. |
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$36.00 M | $70.00 M | $100.00 M | $102.00 M | $125.00 M | $74.00 M |
Interest Expense Cost of borrowing. |
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$1.33 B | $1.30 B | $1.65 B | $1.97 B | $1.83 B | $1.69 B |
Non-Operating Income (ex-Int) Income outside core operations. |
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-$1.62 B | -$2.03 B | -$2.01 B | -$1.49 B | -$1.66 B | - |
Total Other Income (Net) Net non-operating items. |
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$264.00 M | $733.00 M | $361.00 M | -$476.00 M | -$170.00 M | -$116.00 M |
Income Before Tax Profit before taxes. |
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$4.93 B | $6.12 B | $3.84 B | $6.19 B | $8.73 B | $9.30 B |
Income Tax Expense Taxes on income. |
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$786.00 M | $790.00 M | $456.00 M | $1.18 B | $1.66 B | $1.69 B |
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Net Income
Final profit. |
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$3.86 B | $5.20 B | $3.20 B | $4.77 B | $6.73 B | $7.26 B |
Net Income From Continuing Operations Profit from core business. |
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$4.15 B | $5.33 B | $3.38 B | $5.01 B | $7.07 B | $7.60 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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-$33.00 M | -$19.00 M | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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$2.57 | $3.52 | $2.24 | $3.58 | $5.03 | $5.41 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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$2.56 | $3.50 | $2.23 | $3.55 | $4.96 | $5.33 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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1.50 B | 1.48 B | 1.43 B | 1.33 B | 1.34 B | 1.35 B |
Diluted Average Shares Outst. Shares including dilution. |
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1.51 B | 1.49 B | 1.44 B | 1.34 B | 1.36 B | 1.36 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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$6.29 B | $7.42 B | $5.49 B | $8.16 B | $10.56 B | $9.41 B |
EBITDA Earnings before interest, tax, D&A. |
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$10.56 B | $11.17 B | $9.37 B | $12.16 B | $13.78 B | $13.81 B |
Depreciation and Amortization Non-cash expense for assets. |
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$4.27 B | $3.76 B | $3.89 B | $4.00 B | $3.22 B | $4.40 B |
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RTX Corporation's Assets vs Liabilities & Equity
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