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Common-Size Income Statement
Raytheon Technologies Corp., common-size consolidated income statement
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11).
Income statement item | Description | The company |
---|---|---|
Operating profit | The net result for the period of deducting operating expenses from operating revenues. | Raytheon Technologies Corp.’s operating profit as a percentage of net sales decreased from 2017 to 2018 and from 2018 to 2019. |
Income 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. | Raytheon Technologies Corp.’s income from continuing operations before income taxes as a percentage of net sales decreased from 2017 to 2018 and from 2018 to 2019. |
Net income attributable to common shareowners | The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. | Raytheon Technologies Corp.’s net income attributable to common shareowners as a percentage of net sales increased from 2017 to 2018 but then decreased significantly from 2018 to 2019. |