Stock Analysis on Net

RTX Corp. (NYSE:RTX)

$24.99

Income Statement

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

RTX Corp., consolidated income statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Products sales
Services sales
Net sales
Cost of sales, products
Cost of sales, services
Cost of sales
Gross margin
Research and development
Selling, general, and administrative
Goodwill impairment
Other income (expense), net
Operating profit (loss)
Non-service pension income
Debt extinguishment costs
Interest expense
Interest income
Other non-operating income (expense)
Interest expense, net
Non-operating income (expense), net
Income (loss) from continuing operations before income taxes
Income tax expense
Net income (loss) from continuing operations
Loss from discontinued operations
Net income (loss)
Noncontrolling interest in subsidiaries’ earnings
Net income (loss) attributable to common shareowners

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Income statement item Description The company
Net sales Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. RTX Corp. net sales increased from 2022 to 2023 and from 2023 to 2024.
Operating profit (loss) The net result for the period of deducting operating expenses from operating revenues. RTX Corp. operating profit (loss) decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Income (loss) from continuing operations before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. RTX Corp. income (loss) from continuing operations before income taxes decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net income (loss) attributable to common shareowners The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. RTX Corp. net income (loss) attributable to common shareowners decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.