Earnings quality
Compare earnings and operating cash flow for earnings quality.
RTX Corporation
Ticker RTX · 🇺🇸 United States · Consolidated US GAAP · amounts in dollars
Filed 2026-02-06 · Period end 2025-12-31
Takeaway
Worth trackingSales and operating profit both moved in a healthier direction.
operating margin is 10.5%; equity ratio is 38.1%.
Sales and operating profit moved together — keep watching margins and whether the trend persists next period.
ActionWorth tracking
OP margin10.5%
Equity ratio38.1%
Last price—
Trailing P/E—
Look at next
- Compare operating cash flow to reported profit across the last two years.
- Open English IR for management commentary on outlook and capital allocation.
- Overlay peers on Compare before judging relative momentum.
About the company
RTX CORPORATION is a US-listed company with consolidated financial statements filed on SEC EDGAR.
Compare trends
Tel 781-522-3000 · As of filing date 2026-02-06
Financial statements
Income statement
| Account | FY2024 (ended Dec 31, 2024) | FY2025 (ended Dec 31, 2025) |
|---|---|---|
| Revenue | $80.7B | $88.6B |
| Cost of sales* | $79.0B | $86.5B |
| Gross profit | $1.7B | $2.2B |
| Operating profit | $6.5B | $9.3B |
| Income tax | $1.2B | $1.7B |
| Net income | $4.8B | $6.7B |
| Basic EPS | 3.58 | 5.02 |
Balance sheet
| Account | FY2024 (ended Dec 31, 2024) | FY2025 (ended Dec 31, 2025) |
|---|---|---|
| Cash & equivalents | $5.6B | $7.4B |
| Current assets | $51.1B | $60.3B |
| Non-current assets* | $111.7B | $110.7B |
| Total assets | $162.9B | $171.1B |
| Current liabilities | $51.5B | $58.8B |
| Non-current liabilities* | $49.4B | $45.2B |
| Total liabilities | $100.9B | $103.9B |
| Stockholders’ equity | $60.2B | $65.2B |
Cash flow statement
| Account | FY2024 (ended Dec 31, 2024) | FY2025 (ended Dec 31, 2025) |
|---|---|---|
| Operating cash flow | $7.2B | $10.6B |
| Investing cash flow | -$1.5B | -$1.3B |
| Financing cash flow | -$6.6B | -$7.5B |
| Cash at end of period | $5.6B | $7.4B |
Five-year trends
Key metrics
| Metric | Trend | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $64.4B | $67.1B | $68.9B | $80.7B | $88.6B | |
| Operating profit | $5.1B | $5.5B | $3.6B | $6.5B | $9.3B | |
| Net income | $3.9B | $5.2B | $3.2B | $4.8B | $6.7B | |
| Total assets | $161.4B | $158.9B | $161.9B | $162.9B | $171.1B | |
| Cash & equivalents | $7.8B | $6.2B | $6.6B | $5.6B | $7.4B | |
| Stockholders’ equity | $73.1B | $72.6B | $59.8B | $60.2B | $65.2B |
How we read these numbers
From the notes
No material one-offs extracted from this filing.
Constructive
Sales and operating profit both moved in a healthier direction.
On the income statement, revenue moved from $80.7B to $88.6B (▲ +9.7%). Operating profit went from $6.5B to $9.3B (▲ +42.2%).
Operating cash flow was $10.6B (prior $7.2B), with cash on the balance sheet at $7.4B versus $5.6B.
Liquidity & leverage
Cash moved from $5.6B to $7.4B; current liabilities $58.8B.
Capital buffer
Stockholders’ equity moved from $60.2B to $65.2B.
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Source: SEC EDGAR 0000101829-26-000006
(RTX CORPORATION), period end 2025-12-31.