RTX (RTX): analysis in plain words
Is RTX cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
RTX (RTX) is listed on the NYSE and we classify it in aerospace and defence. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against RTX according to those figures, and the questions people ask most about the stock. No buy or sell tips.
RTX (RTX) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $198.43 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 32.3x | Price over earnings per share |
| Revenue growth | +11.1% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 8.8% | Profit for every 100 of sales |
| Net debt / EBITDA | 1.8x | Years of operating profit to repay debt |
| Dividend yield | 1.43% | Annual dividend over price |
| Market cap | $267.8 billion | What the stock market values it at |
The RTX figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any RTX figure that is not available shows as N/A: we do not estimate it.
How RTX makes money
RTX, formerly Raytheon Technologies, reports three similarly sized businesses. Collins Aerospace sells avionics, cabin interiors and aircraft systems; Pratt & Whitney builds and services commercial and military engines; and Raytheon makes missiles, radars and air defense systems like Patriot. Customers include airlines, aircraft makers and governments.
Over the last 12 months, RTX brought in revenue of $96.0 billion. For every 100 it sells, RTX keeps 21.1 after the direct cost of what it sells (gross margin) and 15.5 after all operating costs (operating margin). With 180,000 full-time employees, that is about $533,000 of revenue per employee.
RTX against its sector
To know whether a RTX figure is high or low you have to put it next to similar companies. This table compares RTX with the median of the 12 aerospace and defence companies Fintols covers, with data as of November 4, 2026.
| Figure | RTX | aerospace and defence median |
|---|---|---|
| P/E | 32.3x | 24.9x (12) |
| Revenue growth | +11.1% | +14.4% (14) |
| Net margin | 8.8% | 8.2% (14) |
| Dividend yield | 1.43% | 1.17% (14) |
| Net debt / EBITDA | 1.8x | 1.3x (12) |
In short, against the typical aerospace and defence company, RTX trades on a higher P/E, grows more slowly and pays a higher dividend yield. By size, RTX ranks number 2 of 10 aerospace and defence companies quoted in USD on Fintols.
The bull case for RTX
What works in favour of RTX, according to its figures as of November 4, 2026:
- Analysts expect RTX earnings to rise: its P/E on the next 12 months of estimated earnings is 24.6x, below the current 32.3x.
- RTX grew sales +11.1% in its latest quarter against the same quarter a year earlier, while the median aerospace and defence company Fintols tracks grew +14.4%.
The main risk for RTX
The RTX figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: production delays and problems, and changes in defence budgets.
Frequently asked questions about RTX
Is it a good time to buy RTX stock?
Fintols does not tell you whether to buy or sell RTX, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, RTX stock trades at $198.43, 13% below its 52-week high ($226.88) and 19% above its low ($166.74). Its P/E is 32.3x against a aerospace and defence median of 24.9x, and 24.6x on the earnings analysts expect over the next 12 months. With RTX, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does RTX pay a dividend?
Yes. As of November 4, 2026, RTX pays $2.92 per share a year, which at today's price is a yield of 1.43%. It uses 46% of its profit to pay it, which leaves room to keep paying it if profit dips. Its average dividend yield over the last five years is 1.97%. The aerospace and defence median on Fintols is 1.17%.
Is RTX stock expensive?
It depends on what you compare it with. On P/E, RTX trades at 32.3x its last 12 months of earnings: more expensive than the aerospace and defence median (24.9x). Including its debt, RTX is valued at 18.1x its EBITDA (EV/EBITDA). A high P/E alone does not make RTX expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are RTX's competitors?
On Fintols we compare RTX with Northrop Grumman, L3Harris and TransDigm, which are also in aerospace and defence. As of November 4, 2026, Northrop Grumman is worth $74.6 billion and trades on a P/E of 16.6; L3Harris is worth $48.4 billion and trades on a P/E of 24.2; TransDigm is worth $67.3 billion and trades on a P/E of 36.9. Each has a side-by-side comparison with RTX below.
RTX competitors
- Northrop Grumman (NOC) analysis · RTX vs Northrop Grumman comparison
- L3Harris (LHX) analysis · RTX vs L3Harris comparison
- TransDigm (TDG) analysis · RTX vs TransDigm comparison
To understand RTX better
- How to Write an Investment Thesis (Step by Step)
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like RTX: aerospace and defence stocks, S&P 500 companies and S&P 100 companies. Open the full RTX analysis with its valuation and scenarios. Educational content about RTX, not investment advice.