Stock Analysis on Net

RTX Corp. (NYSE:RTX)

$24.99

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Paying user area


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

RTX Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 3, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Cash and cash equivalents
Accounts receivable, net
Contract assets, net
Inventory, net
Other assets, current
Current assets
Customer financing assets
Fixed assets
Accumulated depreciation
Fixed assets, net
Operating lease right-of-use assets
Goodwill
Intangible assets, net
Other assets
Long-term assets
Total assets

Based on: 10-K (reporting date: 2025-12-31), 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-03), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).


The asset composition of the entity demonstrates several notable trends over the observed period, spanning from March 31, 2021, to December 31, 2025. Total assets exhibited initial fluctuations, peaking in December 2021, followed by a period of relative stability before increasing again towards the end of the observed timeframe. A closer examination of individual asset categories reveals more nuanced patterns.

Liquidity – Current Assets
Current assets generally remained within a range of approximately US$40.9 billion to US$49.2 billion. A slight upward trend is discernible in the latter half of the period, with current assets reaching US$60.3 billion by December 2025. Within current assets, cash and cash equivalents experienced considerable volatility, decreasing from US$8.6 billion in March 2021 to US$4.8 billion in June 2025, before recovering to US$7.4 billion by the end of 2025. Accounts receivable, net, showed a consistent increase over the entire period, rising from US$10.0 billion to US$14.7 billion. Contract assets, net, also demonstrated a steady upward trajectory, increasing from US$10.2 billion to US$17.1 billion. Inventory, net, exhibited a more moderate increase, moving from US$9.5 billion to US$13.4 billion. Other current assets also increased, but at a slower pace.
Customer Financing
Customer financing assets experienced a gradual decline throughout the period, decreasing from US$3.1 billion in March 2021 to US$2.1 billion in December 2025. This suggests a potential shift in financing strategies or a reduction in customer financing programs.
Long-Term Investments
Fixed assets, net of accumulated depreciation, remained relatively stable between US$14.7 billion and US$16.9 billion. Accumulated depreciation consistently increased, reducing the net book value of fixed assets. Operating lease right-of-use assets showed some fluctuation, peaking at US$1.9 billion in March 2021 and ending at US$1.9 billion in December 2025. Goodwill remained substantial, consistently above US$53 billion, with a slight decrease observed towards the end of the period. Intangible assets, net, followed a similar pattern to goodwill, decreasing from US$40.0 billion to US$31.8 billion. Other long-term assets showed variability, increasing initially before decreasing towards the end of the period.

Overall, the entity’s asset base demonstrates a shift towards increased receivables and contract assets, alongside a decrease in customer financing. The long-term asset composition reveals a consistent, significant presence of goodwill and intangible assets, with a gradual decline in their values over the observed period. The fluctuations in cash and cash equivalents warrant further investigation to understand the underlying cash flow dynamics.


Assets: Selected Items


Current Assets: Selected Items