Stock Analysis on Net

Raytheon Co. (NYSE:RTN)

This company has been moved to the archive! The financial data has not been updated since February 12, 2020.

Common-Size Income Statement

Raytheon Co., common-size consolidated income statement

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12 months ended: Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Products 83.75 83.65 84.49 83.78 83.64
Services 16.25 16.35 15.51 16.22 16.36
Net sales 100.00% 100.00% 100.00% 100.00% 100.00%
Cost of sales, products -60.83 -59.53 -62.62 -61.35 -62.15
Cost of sales, services -12.57 -12.81 -12.64 -13.21 -13.45
Cost of sales, products and services -73.39% -72.34% -75.26% -74.56% -75.60%
Gross margin 26.61% 27.66% 24.74% 25.44% 24.40%
General and administrative expenses -10.24 -10.89 -11.65 -11.97 -11.44
Operating income 16.36% 16.77% 13.09% 13.46% 12.96%
Retirement benefits non-service expense -2.36 -4.55 0.00 0.00 0.00
Interest expense -0.62 -0.68 -0.81 -0.96 -1.00
Interest income 0.14 0.11 0.08 0.07 0.05
Other income (expense), net 0.13 -0.03 -0.08 0.02 -0.02
Non-operating income (expense), net -2.70% -5.14% -0.81% -0.87% -0.97%
Income from continuing operations before taxes 13.66% 11.63% 12.28% 12.59% 11.99%
Federal and foreign income taxes -2.26 -0.98 -4.39 -3.56 -3.15
Income from continuing operations 11.41% 10.65% 7.89% 9.03% 8.84%
Income (loss) from discontinued operations, net of tax 0.00 0.00 0.01 0.00 0.06
Net income 11.41% 10.65% 7.89% 9.03% 8.89%
Net loss attributable to noncontrolling interests in subsidiaries 0.05 0.10 0.09 0.15 0.03
Net income attributable to Raytheon Company 11.46% 10.75% 7.98% 9.19% 8.92%

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Raytheon Co. operating income as a percentage of net sales increased from 2017 to 2018 but then slightly decreased from 2018 to 2019.
Income from continuing operations before 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. Raytheon Co. income from continuing operations before taxes as a percentage of net sales decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level.
Net income attributable to Raytheon Company The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Raytheon Co. net income attributable to Raytheon Company as a percentage of net sales increased from 2017 to 2018 and from 2018 to 2019.