RTX Corporation reported second quarter 2025 sales of $21.6 billion, reflecting a 9% increase from the previous year. The company achieved an adjusted earnings per share (EPS) of $1.56, up 11% year-over-year, while also reporting a backlog of $236 billion, which includes $144 billion in commercial and $92 billion in defense. The company returned $0.9 billion to shareholders and increased its quarterly dividend by 8%. Additionally, RTX reached an agreement to sell its Collins’ Simmonds Precision Products business for $765 million.
For the full year 2025, RTX raised its sales outlook to between $84.75 billion and $85.5 billion, with organic sales growth projected at 6-7%. Adjusted EPS expectations were adjusted down slightly to a range of $5.80 to $5.95. The company confirmed its free cash flow guidance of $7.0 to $7.5 billion. Overall, RTX's operational performance in the first half of the year has been strong, despite challenges such as tariffs and a four-week work stoppage at Pratt & Whitney.
linkJul 22, 2025 06:58:52
RTX reported first quarter 2025 sales of $20.3 billion, a 5 percent increase compared to the previous year, with adjusted earnings per share (EPS) of $1.47, up 10 percent year-over-year. The company’s operating cash flow was $1.3 billion, and free cash flow reached $0.8 billion. RTX's backlog stands at $217 billion, comprising $125 billion in commercial and $92 billion in defense contracts, indicating a robust pipeline for future revenue generation.
For the full year 2025, RTX expects adjusted sales between $83.0 and $84.0 billion, with anticipated organic growth of 4 to 6 percent. The company also projects an adjusted EPS of $6.00 to $6.15 and free cash flow of $7.0 to $7.5 billion. Management noted that the outlook does not factor in potential impacts from recently enacted tariffs, and further details regarding these impacts will be discussed in the upcoming earnings call.
linkApr 22, 2025 07:00:26
The press release highlights a leadership transition at RTX, with the announcement of a new President and CEO following the merger of Raytheon Company and United Technologies in 2020. This change reflects ongoing efforts to adapt to the evolving market landscape and maintain operational effectiveness.
On the downside, the release does not provide specific financial metrics or performance indicators, leaving some stakeholders without clear insights into the company's current financial health or future strategies. This lack of detailed financial information may raise concerns among investors looking for transparency regarding the company's direction post-merger.
linkFeb 03, 2025 07:45:18
RTX reported notable financial performance in 2024, with sales reaching $80.7 billion, a 17% increase from the previous year. The company also achieved an adjusted earnings per share (EPS) of $5.73, representing a 13% growth compared to the prior year. Operating cash flow was $7.2 billion, and free cash flow totaled $4.5 billion, contributing to a significant return of $3.7 billion to shareholders. The company’s backlog stood at $218 billion, indicating strong demand across its segments.
On the downside, RTX faced challenges in cash flow, with a 67% decrease in operating cash flow for the fourth quarter compared to the previous year, and a notable 87% drop in free cash flow. Additionally, the reported GAAP EPS of $1.10 was impacted by acquisition accounting adjustments and restructuring charges. The company also experienced a decline in Collins Aerospace's operating profit, which fell by 2%, despite overall sales growth in that segment.
linkJan 28, 2025 07:11:25
RTX has announced impressive third-quarter results for 2024, showcasing a 6% increase in adjusted sales to $20.1 billion compared to the previous year. The company also reported a 16% rise in adjusted earnings per share (EPS) to $1.45, driven by strong demand in both commercial and defense sectors. With a substantial backlog of $221 billion, RTX is confident in its performance and has raised its full-year sales and EPS outlook, reflecting robust growth and effective cost management strategies. Additionally, the company returned $1.1 billion to shareholders, highlighting its commitment to delivering value to investors.
While RTX's overall performance is positive, there were some challenges noted, including a decrease in operating cash flow by 24% and free cash flow down by 28%. The company also faced pressures from higher interest expenses and lower pension income, which partially offset its gains. Despite these hurdles, RTX's leadership remains optimistic, focusing on strategic priorities to enhance performance and customer satisfaction in a competitive market landscape.
linkOct 22, 2024 07:00:03
Raytheon Company has entered into a deferred prosecution agreement with U.S. authorities, acknowledging its involvement in a bribery scheme to secure defense contracts and violations of export control laws. The agreement includes significant financial penalties totaling over $250 million, reflecting the company's cooperation during the investigation and its commitment to remedial actions. Raytheon has agreed to enhance its compliance programs and will be monitored for a period to ensure adherence to legal standards, which could extend the agreement if further violations occur.
While the agreement allows Raytheon to avoid immediate prosecution, it highlights serious concerns about the company's past conduct, including previous regulatory actions. The company did not receive credit for voluntary disclosure of its misconduct and has faced scrutiny for slow responses during the investigation. This situation underscores ongoing challenges for Raytheon as it works to restore its reputation and maintain compliance with U.S. laws.
linkOct 16, 2024 17:15:21
RTX Corporation has entered a Consent Agreement with the U.S. Department of State to resolve potential issues related to arms export controls. The company voluntarily disclosed the matters and has taken steps to enhance its compliance program, which is viewed positively by the Department. This agreement will last for three years and includes commitments to maintain compliance and improve oversight of export activities.
However, the agreement also comes with strict conditions. If RTX is found to have provided misleading information during the negotiation, the Department could revoke the agreement and pursue further charges. The company must appoint a Designated Official to oversee compliance and ensure that all employees are well-trained in the relevant regulations. This situation highlights the importance of adherence to export controls in the defense industry.
linkAug 30, 2024 16:09:38
RTX achieved an 8% sales growth in Q2 2024, with adjusted earnings per share rising 9%. The company increased its full-year sales and earnings forecasts, highlighting solid operational performance and a significant backlog of $206 billion. However, free cash flow expectations were revised down from $5.7 billion to approximately $4.7 billion. Overall, the results reflect strong demand and strategic investments.
linkJul 25, 2024 06:47:41
Troy Brunk named president of Collins Aerospace, succeeding retiring Stephen Timm. Brunk's extensive aerospace experience praised by RTX CEO. Timm to stay till 2025 for business transformation. Heather Robertson to lead Mission Systems. RTX, with 185,000 employees, focuses on aviation, defense, and technology solutions.
linkJul 17, 2024 16:15:04
RTX achieved a 12% sales growth in Q1 2024, with a record backlog of $202 billion. The company reported a 32% increase in GAAP EPS compared to the prior year. They reaffirmed their full-year outlook, anticipating sales of $78-79 billion and adjusted EPS of $5.25-5.40. RTX President highlighted strong momentum, $25 billion in new orders, and operational advancements. The company's focus on execution, margin expansion, and technological innovation positions it well for sustained growth.
linkApr 23, 2024 06:59:26