RTX Corp. operates in 3 segments: Collins Aerospace; Pratt & Whitney; and Raytheon.
Segment Profit Margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 14.62% | 14.57% | 11.38% | 9.53% | 7.60% |
Pratt & Whitney | 7.18% | -7.95% | 5.24% | 2.50% | -3.36% |
Raytheon | 9.71% | 9.03% | 9.81% | 12.49% | 8.46% |
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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Collins Aerospace | Collins Aerospace segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Pratt & Whitney | Pratt & Whitney segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
Raytheon | Raytheon segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Profit Margin: Collins Aerospace
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating profit (loss) | 4,135) | 3,825) | 2,343) | 1,759) | 1,466) |
Net sales | 28,284) | 26,253) | 20,597) | 18,449) | 19,288) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 14.62% | 14.57% | 11.38% | 9.53% | 7.60% |
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).
1 2024 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net sales
= 100 × 4,135 ÷ 28,284 = 14.62%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Collins Aerospace | Collins Aerospace segment profit margin ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Profit Margin: Pratt & Whitney
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating profit (loss) | 2,015) | (1,455) | 1,075) | 454) | (564) |
Net sales | 28,066) | 18,296) | 20,530) | 18,150) | 16,799) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 7.18% | -7.95% | 5.24% | 2.50% | -3.36% |
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).
1 2024 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net sales
= 100 × 2,015 ÷ 28,066 = 7.18%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Pratt & Whitney | Pratt & Whitney segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Profit Margin: Raytheon
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating profit (loss) | 2,594) | 2,379) | 2,861) | 3,837) | 1,904) |
Net sales | 26,713) | 26,350) | 29,175) | 30,719) | 22,501) |
Segment Profitability Ratio | |||||
Segment profit margin1 | 9.71% | 9.03% | 9.81% | 12.49% | 8.46% |
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).
1 2024 Calculation
Segment profit margin = 100 × Operating profit (loss) ÷ Net sales
= 100 × 2,594 ÷ 26,713 = 9.71%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment profit margin | Raytheon | Raytheon segment profit margin ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Return on Assets (Segment ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 5.71% | 5.31% | 3.50% | 2.60% | 2.13% |
Pratt & Whitney | 4.55% | -3.57% | 2.97% | 1.36% | -1.72% |
Raytheon | 5.77% | 5.30% | 5.84% | 7.63% | 3.74% |
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).
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Collins Aerospace | Collins Aerospace segment ROA improved from 2022 to 2023 and from 2023 to 2024. |
Pratt & Whitney | Pratt & Whitney segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
Raytheon | Raytheon segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment ROA: Collins Aerospace
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating profit (loss) | 4,135) | 3,825) | 2,343) | 1,759) | 1,466) |
Total assets | 72,372) | 72,085) | 67,030) | 67,564) | 68,701) |
Segment Profitability Ratio | |||||
Segment ROA1 | 5.71% | 5.31% | 3.50% | 2.60% | 2.13% |
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).
1 2024 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 4,135 ÷ 72,372 = 5.71%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Collins Aerospace | Collins Aerospace segment ROA improved from 2022 to 2023 and from 2023 to 2024. |
Segment ROA: Pratt & Whitney
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating profit (loss) | 2,015) | (1,455) | 1,075) | 454) | (564) |
Total assets | 44,307) | 40,723) | 36,205) | 33,414) | 32,780) |
Segment Profitability Ratio | |||||
Segment ROA1 | 4.55% | -3.57% | 2.97% | 1.36% | -1.72% |
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).
1 2024 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 2,015 ÷ 44,307 = 4.55%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Pratt & Whitney | Pratt & Whitney segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment ROA: Raytheon
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Operating profit (loss) | 2,594) | 2,379) | 2,861) | 3,837) | 1,904) |
Total assets | 44,936) | 44,929) | 49,026) | 50,311) | 50,910) |
Segment Profitability Ratio | |||||
Segment ROA1 | 5.77% | 5.30% | 5.84% | 7.63% | 3.74% |
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).
1 2024 Calculation
Segment ROA = 100 × Operating profit (loss) ÷ Total assets
= 100 × 2,594 ÷ 44,936 = 5.77%
Segment profitability ratio | Reportable segment | The company |
---|---|---|
Segment ROA | Raytheon | Raytheon segment ROA deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Asset Turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 0.39 | 0.36 | 0.31 | 0.27 | 0.28 |
Pratt & Whitney | 0.63 | 0.45 | 0.57 | 0.54 | 0.51 |
Raytheon | 0.59 | 0.59 | 0.60 | 0.61 | 0.44 |
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).
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Collins Aerospace | Collins Aerospace segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Pratt & Whitney | Pratt & Whitney segment asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. | |
Raytheon | Raytheon segment asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Asset Turnover: Collins Aerospace
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Net sales | 28,284) | 26,253) | 20,597) | 18,449) | 19,288) |
Total assets | 72,372) | 72,085) | 67,030) | 67,564) | 68,701) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.39 | 0.36 | 0.31 | 0.27 | 0.28 |
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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 28,284 ÷ 72,372 = 0.39
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Collins Aerospace | Collins Aerospace segment asset turnover ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Asset Turnover: Pratt & Whitney
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Net sales | 28,066) | 18,296) | 20,530) | 18,150) | 16,799) |
Total assets | 44,307) | 40,723) | 36,205) | 33,414) | 32,780) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.63 | 0.45 | 0.57 | 0.54 | 0.51 |
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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 28,066 ÷ 44,307 = 0.63
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Pratt & Whitney | Pratt & Whitney segment asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Asset Turnover: Raytheon
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Net sales | 26,713) | 26,350) | 29,175) | 30,719) | 22,501) |
Total assets | 44,936) | 44,929) | 49,026) | 50,311) | 50,910) |
Segment Activity Ratio | |||||
Segment asset turnover1 | 0.59 | 0.59 | 0.60 | 0.61 | 0.44 |
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).
1 2024 Calculation
Segment asset turnover = Net sales ÷ Total assets
= 26,713 ÷ 44,936 = 0.59
Segment activity ratio | Reportable segment | The company |
---|---|---|
Segment asset turnover | Raytheon | Raytheon segment asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 not reaching 2022 level. |
Segment Capital Expenditures to Depreciation
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 0.93 | 0.87 | 0.88 | 0.91 | 0.87 |
Pratt & Whitney | 1.23 | 1.39 | 1.31 | 1.09 | 0.78 |
Raytheon | 1.48 | 1.17 | 1.07 | 1.14 | 1.30 |
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).
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Collins Aerospace | Collins Aerospace segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Pratt & Whitney | Pratt & Whitney segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. | |
Raytheon | Raytheon segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Collins Aerospace
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Capital expenditures | 786) | 628) | 655) | 665) | 638) |
Depreciation & amortization | 841) | 724) | 742) | 728) | 736) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 0.93 | 0.87 | 0.88 | 0.91 | 0.87 |
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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= 786 ÷ 841 = 0.93
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Collins Aerospace | Collins Aerospace segment capital expenditures to depreciation ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Segment Capital Expenditures to Depreciation: Pratt & Whitney
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Capital expenditures | 968) | 1,025) | 949) | 700) | 565) |
Depreciation & amortization | 784) | 736) | 724) | 642) | 729) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 1.23 | 1.39 | 1.31 | 1.09 | 0.78 |
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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= 968 ÷ 784 = 1.23
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Pratt & Whitney | Pratt & Whitney segment capital expenditures to depreciation ratio improved from 2022 to 2023 but then deteriorated significantly from 2023 to 2024. |
Segment Capital Expenditures to Depreciation: Raytheon
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Capital expenditures | 771) | 637) | 580) | 592) | 498) |
Depreciation & amortization | 520) | 544) | 542) | 520) | 382) |
Segment Financial Ratio | |||||
Segment capital expenditures to depreciation1 | 1.48 | 1.17 | 1.07 | 1.14 | 1.30 |
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).
1 2024 Calculation
Segment capital expenditures to depreciation = Capital expenditures ÷ Depreciation & amortization
= 771 ÷ 520 = 1.48
Segment financial ratio | Reportable segment | The company |
---|---|---|
Segment capital expenditures to depreciation | Raytheon | Raytheon segment capital expenditures to depreciation ratio improved from 2022 to 2023 and from 2023 to 2024. |
Net sales
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 28,284) | 26,253) | 20,597) | 18,449) | 19,288) |
Pratt & Whitney | 28,066) | 18,296) | 20,530) | 18,150) | 16,799) |
Raytheon | 26,713) | 26,350) | 29,175) | 30,719) | 22,501) |
Total segment | 83,063) | 70,899) | 70,302) | 67,318) | 58,588) |
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).
Operating profit (loss)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 4,135) | 3,825) | 2,343) | 1,759) | 1,466) |
Pratt & Whitney | 2,015) | (1,455) | 1,075) | 454) | (564) |
Raytheon | 2,594) | 2,379) | 2,861) | 3,837) | 1,904) |
Total segment | 8,744) | 4,749) | 6,279) | 6,050) | 2,806) |
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).
Total assets
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 72,372) | 72,085) | 67,030) | 67,564) | 68,701) |
Pratt & Whitney | 44,307) | 40,723) | 36,205) | 33,414) | 32,780) |
Raytheon | 44,936) | 44,929) | 49,026) | 50,311) | 50,910) |
Total segment | 161,615) | 157,737) | 152,261) | 151,289) | 152,391) |
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).
Capital expenditures
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 786) | 628) | 655) | 665) | 638) |
Pratt & Whitney | 968) | 1,025) | 949) | 700) | 565) |
Raytheon | 771) | 637) | 580) | 592) | 498) |
Total segment | 2,525) | 2,290) | 2,184) | 1,957) | 1,701) |
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).
Depreciation & amortization
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
---|---|---|---|---|---|
Collins Aerospace | 841) | 724) | 742) | 728) | 736) |
Pratt & Whitney | 784) | 736) | 724) | 642) | 729) |
Raytheon | 520) | 544) | 542) | 520) | 382) |
Total segment | 2,145) | 2,004) | 2,008) | 1,890) | 1,847) |
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).