Analysis of Geographic Areas
Raytheon Co. operates in 2 regions: United States and All other.
Area Asset Turnover
Raytheon Co., asset turnover by geographic area
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| United States | 6.33 | 6.89 | 7.31 | 7.92 | 8.35 |
| All other | 84.14 | 91.07 | 105.00 | 93.23 | 92.86 |
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).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
| All other | All other area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Area Asset Turnover: United States
Raytheon Co.; United States; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 20,594) | 18,953) | 17,263) | 16,517) | 16,097) |
| Property, plant and equipment, net | 3,251) | 2,751) | 2,362) | 2,085) | 1,928) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 6.33 | 6.89 | 7.31 | 7.92 | 8.35 |
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).
1 2019 Calculation
Area asset turnover = Net sales ÷ Property, plant and equipment, net
= 20,594 ÷ 3,251 = 6.33
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Area Asset Turnover: All other
Raytheon Co.; All other; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Net sales | 8,582) | 8,105) | 8,085) | 7,552) | 7,150) |
| Property, plant and equipment, net | 102) | 89) | 77) | 81) | 77) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 84.14 | 91.07 | 105.00 | 93.23 | 92.86 |
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).
1 2019 Calculation
Area asset turnover = Net sales ÷ Property, plant and equipment, net
= 8,582 ÷ 102 = 84.14
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | All other | All other area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Property, plant and equipment, net
Raytheon Co., property, plant and equipment, net by geographic area
US$ in millions
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| United States | 3,251) | 2,751) | 2,362) | 2,085) | 1,928) |
| All other | 102) | 89) | 77) | 81) | 77) |
| Total | 3,353) | 2,840) | 2,439) | 2,166) | 2,005) |
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).
Net sales
Raytheon Co., net sales by geographic area
US$ in millions
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| United States | 20,594) | 18,953) | 17,263) | 16,517) | 16,097) |
| All other | 8,582) | 8,105) | 8,085) | 7,552) | 7,150) |
| Total | 29,176) | 27,058) | 25,348) | 24,069) | 23,247) |
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).