OakChart

RTX Corp

RTXIndustrials·Aerospace & Defense·USA·Mega·NYSE·Nov 13 • 6:31 AM ET

198.68+0.32 (0.16%)
2026-11-13 13:04 CET
Market cap
$268.11B
Revenue, TTM
95,987.00 USD m
Net income, TTM
8,403.00 USD m
Free cash flow, TTM
9,501.00 USD m
EPS diluted, TTM
6.16
Price / earnings
32.28
Compare

Price

RTX against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 59Sales 25,907Price25,51625,561180.00200.00220.005.9M11.7MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26RTXclose 198.6820-day 196.5650-day 192.80200-day 195.30198.6852w high 226.8852-week range, not 6 months

12.4% under the 52-week high of 226.88 on 10 Aug 2026. 52-week low 166.74 on 3 Dec 2025. Last 15 sessions, 9.5% high to low

Volume 0.01× normal · the line is the 50-bar volume average

Setup. RS line 59
CANSLIM 3 of 6 — fails: EPS Growth This Year: High (>25%); 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 3 of 6 — fails: 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Average True Range: Under 2
Minervini 1 of 4 — fails: 50-Day Simple Moving Average: SMA50 above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 3 of 5 — fails: Performance: Week +10%; Relative Volume: Over 1.5
Leaders 3 of 5 — fails: Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 2 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2
Growth 1 of 4 — fails: EPS Growth This Year: High (>25%); EPS Growth Next Year: High (>25%); Return on Equity: Over +15%
Quality 1 of 5 — fails: Return on Equity: Over +15%; Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1); P/E: Under 25
Value 0 of 4 — fails: P/E: Under 15; P/B: Under 2; Return on Equity: Over +15%; Debt/Equity: Low (<0.1)
Income 1 of 4 — fails: Dividend Yield: Over 2%; Payout Ratio: Low (<20%); P/E: Under 25
Small Cap 2 of 4 — fails: Float: Under 100M; Performance: Year +50%
Accumulation 3 of 4 — fails: Institutional Transactions: Over +10%
Relative Strength 2 of 3 — fails: Performance: Year +100%

Profile

RTX
52-week range, 53% of the way up
166.74226.88

RTX Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems (Collins), Pratt and Whitney, Raytheon Intelligence and Space (RIS), and Raytheon Missiles and Defense (RMD). The Collins segment manufactures and sells aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes the design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The RIS segment is involved in the development of sensors, training, and cyber and software solutions. The RMD segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 1922 and is headquartered in Arlington, VA.

IndexS&P 500, RUI
Employees180000
IPOSep 05, 1934
Beta0.28
ATR, 14d5.05
Rel volume0.01
Short float1.02%
Insider own0.04%
Inst own82.70%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap$268.11B
Enterprise Value299.55B
Income8.40B
Sales95.99B
Book / share51.32
Cash / share6.80
Dividend Est.2.88 (1.45%)
Dividend TTM2.82 (1.42%)
Dividend Ex-DateNov 20, 2026
Dividend Gr. 3/5Y7.32% 4.33%
Payout53.80%
Employees180000
IPOSep 05, 1934

Ratios

Price / earnings32.28
Forward price / earnings24.49
Price / earnings / growth1.91
Price / sales2.79
Price / book3.87
Price / cash29.23
Price / free cash flow28.22
Value / cash profit19.86
Value / sales3.12
Quick Ratio0.81
Current Ratio1.05
Debt / equity0.56
Long-term debt / equity0.48
Options and shortYes / Yes

Earnings

Earnings / share6.16
Earnings next year8.11
Earnings next quarter1.84
Earnings this year22.20%
Earnings next year5.54%
Earnings growth, 5 years12.82%
Past earnings growth12.37% -
Past sales growth9.72% 9.35%
Earnings vs last year26.50%
Sales vs last year11.63%
Earnings vs last quarter33.71%
Sales vs last quarter11.06%
EarningsOct 20 BMO
Surprise26.95% 3.55%

Ownership

Insiders own0.04%
Insider trades-6.99%
Institutions own82.70%
Institution trades0.64%
Return on assets4.87%
Return on equity12.56%
Return on capital8.22%
Gross Margin21.10%
Operating margin11.15%
Profit Margin8.75%
20-day average1.08%
50-day average3.05%
200-day average1.73%

Technical

Shares out1.35B
Shares floating1.35B
Short / float1.02%
Short ratio2.95
Short interest13.77M
52-week high226.88 -12.4%
52-week low166.74 +19.2%
Volatility2.70% 2.81%
Average range5.05
Strength index54.09
Market sensitivity0.28
Relative volume0.01
Avg Volume4.68M
Volume2,793

Performance

Perf Week4.83%
Perf Month6.27%
Perf Quarter-10.36%
Perf Half Y16.06%
Perf YTD8.33%
Perf Year14.21%
Perf 3Y142.20%
Perf 5Y123.59%
Perf 10Y209.44%
Recommendation1.82
Target Price228.74
Prev Close198.36
Price198.68
Change %0.16%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 13, 2026DowngradeDeutsche BankBuy → Hold$208+4.7%
Oct 09, 2026InitiatedBarclaysOverweight$223+12.2%
Jun 04, 2026UpgradeJefferiesHold → Buy$220+10.7%
Apr 27, 2026DowngradeErste GroupBuy → Hold
Apr 02, 2026UpgradeMeliusHold → Buy
Apr 01, 2026InitiatedWells FargoEqual Weight$200+0.7%
Mar 24, 2026InitiatedErste GroupBuy
Jan 05, 2026DowngradeUBSBuy → Neutral$199+0.2%
Dec 12, 2025InitiatedCitigroupBuy$211+6.2%
Nov 18, 2025InitiatedBNP Paribas ExaneOutperform$210+5.7%

Peers

Mkt cap
TickerCompanyMkt cap
GEGE Aerospace343.57B
LMTLockheed Martin Corp139.55B
LHXL3Harris Technologies Inc50.95B
NOCNorthrop Grumman Corp78.01B
BABoeing Co136.32B
GDGeneral Dynamics Corp97.70B
TDGTransdigm Group Incorporated65.67B
HEIHeico Corp40.48B
HWMHowmet Aerospace Inc89.34B
TXTTextron Inc14.28B

Insider trading

latest 14 of 38
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Williams Dantaya MEVP & Chief HR OfficerOct 30 '26Option Exercise94.0417,0001,598,68033,930Nov 03 05:02 PM
Williams Dantaya MEVP & Chief HR OfficerOct 30 '26Sale201.709,0711,829,57616,930Nov 03 05:02 PM
Dantaya WilliamsOfficerOct 30 '26Proposed Sale108.189,071981,294Oct 30 02:37 PM
Johnson Amy LSenior VP and ControllerOct 01 '26Option Exercise0.0084011,111Oct 05 05:02 PM
DaSilva Kevin GSenior VP and TreasurerOct 01 '26Option Exercise0.00143020,246Oct 05 05:02 PM
Maharajh RamsaranEVP and General CounselAug 18 '26Option Exercise71.6220,0691,437,34233,253Aug 19 04:56 PM
Maharajh RamsaranEVP and General CounselAug 18 '26Sale223.9213,6553,057,56313,184Aug 19 04:56 PM
Ramsaran MaharajhOfficerAug 18 '26Proposed Sale120.2313,6551,641,709Aug 18 12:13 PM
Brunk Troy DPresident, Collins AerospaceJul 24 '26Option Exercise97.6512,6001,230,39023,220Jul 28 05:01 PM
Brunk Troy DPresident, Collins AerospaceJul 24 '26Sale210.298,5571,799,4878,809Jul 28 05:01 PM
Atkinson Tracy ADirectorJul 27 '26Sale218.052,295500,4241,785Jul 28 05:01 PM
DaSilva Kevin GSenior VP and TreasurerJul 24 '26Sale213.624,7601,016,83122,349Jul 28 05:01 PM
DaSilva Kevin GSenior VP and TreasurerJul 28 '26Sale216.932,250488,09720,099Jul 28 05:01 PM
Atkinson Tracy ADirectorJul 27 '26Proposed Sale217.862,295500,000Jul 27 12:33 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VTVVanguard Morningstar Value ETFAUM: 198.14B
ITAiShares U.S. Aerospace & Defense ETFAUM: 12.46B
XLIState Street Industrial Select Sector SPDR ETFAUM: 31.31B
CGDVCapital Group Dividend Value ETFAUM: 39.22B
VYMVanguard High Dividend Yield Indx ETFAUM: 83.97B
SPYMState Street SPDR Portfolio S&P 500 ETFAUM: 186.08B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 2.260 beat 1.780, from 1.700 a year earlier. Sales 24,965 beat 24,109, from 22,478 a year earlier
EPS
2.26002024Q4 EPS 1.540 against 1.38224Q42025Q1 EPS 1.470 against 1.35225Q12025Q2 EPS 1.560 against 1.44225Q22025Q3 EPS 1.700 against 1.41225Q32025Q4 EPS 1.550 against 1.47225Q42026Q1 EPS 1.780 against 1.51526Q12026Q2 EPS 1.890 against 1.65926Q22026Q3 EPS 2.260 against 1.78026Q3
Sales, USD millions
24,96502024Q4 sales 21,623 against 20,53824Q42025Q1 sales 20,306 against 19,81525Q12025Q2 sales 21,581 against 20,63625Q22025Q3 sales 22,478 against 21,29925Q32025Q4 sales 24,238 against 22,69525Q42026Q1 sales 22,076 against 21,46126Q12026Q2 sales 24,708 against 22,89226Q22026Q3 sales 24,965 against 24,10926Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-10-20 08:302.2601.7801.89024,96524,109EPS +27.0% · sales +3.5%vs 2025Q3, year-ago quarter · EPS +32.9% · sales +11.1%20 EPS · 18 salesOpen +0.61% vs SPY -0.08%. Close +0.64% vs SPY +0.34%
2026Q2ended 2026-06-302026-07-23 08:301.8901.6591.56724,70822,892EPS +13.9% · sales +7.9%vs 2025Q2, year-ago quarter · EPS +21.2% · sales +14.5%18 EPS · 17 salesOpen +5.19% vs SPY -1.08%. Close +7.33% vs SPY -1.23%
2026Q1ended 2026-03-312026-04-21 08:301.7801.5151.50922,07621,461EPS +17.5% · sales +2.9%vs 2025Q1, year-ago quarter · EPS +21.1% · sales +8.7%19 EPS · 18 salesOpen -0.60% vs SPY +0.22%. Close -4.40% vs SPY -0.65%
2025Q4ended 2025-12-312026-01-27 08:301.5501.4721.19124,23822,695EPS +5.3% · sales +6.8%vs 2024Q4, year-ago quarter · EPS +0.6% · sales +12.1%19 EPS · 18 salesOpen +2.77% vs SPY +0.21%. Close +3.68% vs SPY +0.40%
2025Q3ended 2025-09-302025-10-21 08:301.7001.4121.41222,47821,299EPS +20.4% · sales +5.5%vs 2024Q3, year-ago quarter · EPS +17.2% · sales +11.9%16Open +6.91% vs SPY +0.02%. Close +7.67% vs SPY 0.00%
2025Q2ended 2025-06-302025-07-22 08:301.5601.4421.22421,58120,636EPS +8.2% · sales +4.6%vs 2024Q2, year-ago quarter · EPS +10.6% · sales +9.0%20 EPS · 18 salesOpen -4.01% vs SPY +0.05%. Close -1.58% vs SPY +0.01%
2025Q1ended 2025-03-312025-04-22 08:301.4701.3521.13620,30619,815EPS +8.7% · sales +2.5%vs 2024Q1, year-ago quarter · EPS +9.7% · sales +5.2%20 EPS · 18 salesOpen -9.19% vs SPY +1.22%. Close -9.81% vs SPY +2.60%
2024Q4ended 2024-12-312025-01-28 08:301.5401.3821.09921,62320,538EPS +11.5% · sales +5.3%vs 2023Q4, year-ago quarter · EPS +19.4% · sales +9.1%20 EPS · 18 salesOpen +4.90% vs SPY +0.21%. Close +2.64% vs SPY +0.86%
2024Q3ended 2024-09-302024-10-22 08:301.4501.3431.09320,08919,843EPS +8.0% · sales +1.2%vs 2023Q3, year-ago quarter · EPS +16.0% · sales +6.0%19 EPS · 17 salesOpen +1.66% vs SPY -0.44%. Close -0.29% vs SPY -0.05%
2024Q2ended 2024-06-302024-07-25 08:301.4101.2950.08319,79119,291EPS +8.8% · sales +2.6%vs 2023Q2, year-ago quarter · EPS +9.3% · sales +8.1%20 EPS · 17 salesOpen +5.15% vs SPY +0.02%. Close +8.24% vs SPY -0.52%
2024Q1ended 2024-03-312024-04-23 08:301.3401.2331.27819,30518,409EPS +8.6% · sales +4.9%vs 2023Q1, year-ago quarter · EPS +9.8% · sales +12.1%19 EPS · 16 salesOpen -0.55% vs SPY +0.41%. Close -0.18% vs SPY +1.19%
2023Q4ended 2023-12-312024-01-23 08:301.2901.2451.04719,82419,712EPS +3.6% · sales +0.6%vs 2022Q4, year-ago quarter · EPS +1.6% · sales +9.6%19 EPS · 17 salesOpen +3.78% vs SPY +0.12%. Close +5.33% vs SPY +0.29%
2023Q3ended 2023-09-302023-10-24 08:301.2501.220-0.68018,95218,600EPS +2.5% · sales +1.9%vs 2022Q3, year-ago quarter · EPS +3.3% · sales +11.8%21 EPS · 14 sales-
2023Q2ended 2023-06-302023-07-25 08:301.2901.1790.90418,31517,683EPS +9.4% · sales +3.6%vs 2022Q2, year-ago quarter · EPS +11.2% · sales +12.3%19 EPS · 16 sales-
2023Q1ended 2023-03-312023-04-25 08:301.2201.1320.96717,21416,962EPS +7.8% · sales +1.5%vs 2022Q1, year-ago quarter · EPS +6.1% · sales +9.5%21 EPS · 18 sales-
2022Q4ended 2022-12-312023-01-24 08:301.2701.2410.96318,09318,201EPS +2.4% · sales -0.6%vs 2021Q4, year-ago quarter · EPS +17.6% · sales +6.2%21 EPS · 18 sales-

Annual earnings

2025FY EPS 6.290 beat 6.211, from 5.730 a year earlier. Sales 88,603 beat 87,024, from 80,738 a year earlier
EPS
6.29002018FY EPS 4.489 against 4.24620182019FY EPS 4.872 against 4.81220192020FY EPS 2.730 against 2.97720202021FY EPS 4.270 against 4.21320212022FY EPS 4.780 against 4.75420222023FY EPS 5.060 against 5.00120232024FY EPS 5.730 against 5.58020242025FY EPS 6.290 against 6.2112025
Sales, USD millions
88,60302018FY sales 66,501 against 65,24920182019FY sales 77,046 against 76,85920192020FY sales 57,148 against 63,52820202021FY sales 64,388 against 64,64820212022FY sales 67,074 against 67,15120222023FY sales 74,305 against 74,05920232024FY sales 80,738 against 79,67220242025FY sales 88,603 against 87,0242025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-10.648--125,42418.66
2029FYestimate-9.801--119,35620.27
2028FYestimate-9.033--113,60322.00
2027FYestimate-8.112--105,37924.49
2026FYestimate-7.686--97,45525.85
2025FY6.2906.2114.96088,60387,02429.16
2024FY5.7305.5803.55380,73879,67220.20
2023FY5.0605.0012.22674,30574,05916.63
2022FY4.7804.7543.49867,07467,15121.11
2021FY4.2704.2132.56264,38864,64820.16
2020FY2.7302.977-2.59257,14863,52826.19
2019FY4.8724.8126.40977,04676,85918.13
2018FY4.4894.2466.50466,50165,24913.99
2017FY3.9223.9055.69659,83759,69919.18
2016FY3.8993.8926.10357,24457,37516.58
2015FY3.7163.7001.77356,09857,22853.47
2014FY4.0234.0214.02365,10065,17349.39
2013FY3.6633.6383.66362,62662,94654.24
2012FY3.1563.1423.15657,70857,89262.96
2011FY3.2383.2313.23858,19058,30761.36
2010FY2.7962.7872.79654,32654,22371.07

Quarterly results

2026Q3 revenue 24,965, from 22,478 a year earlier. Operating margin 12.7%, from 10.9% a year earlier
Revenue, USD millions
24,96502024Q4 revenue 21,62324Q42025Q1 revenue 20,30625Q12025Q2 revenue 21,58125Q22025Q3 revenue 22,47825Q32025Q4 revenue 24,23825Q42026Q1 revenue 22,07626Q12026Q2 revenue 24,70826Q22026Q3 revenue 24,96526Q3
Operating margin
12.702024Q4 operating margin 8.6%24Q42025Q1 operating margin 10.0%25Q12025Q2 operating margin 9.8%25Q22025Q3 operating margin 10.9%25Q32025Q4 operating margin 9.4%25Q42026Q1 operating margin 11.3%26Q12026Q2 operating margin 11.1%26Q22026Q3 operating margin 12.7%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY R 6.54 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYSUSD millions2026-11-0297,4550.0%
2026FYRper share2026-11-016.54+0.6%
2026Q4Rper share2026-11-011.55+0.1%
2026FYEper share2026-10-297.69+0.0%
2026Q4Eper share2026-10-291.840.0%
2026Q4SUSD millions2026-10-2725,907+0.2%
2026Q3Eper share2026-10-161.78+0.0%
2026Q3SUSD millions2026-10-1624,1090.0%
2026Q3Rper share2026-10-141.480.0%
2026Q2Eper share2026-07-161.66+0.0%
2026Q2Rper share2026-07-161.36+0.1%
2026Q2SUSD millions2026-07-1622,892+0.1%
2026Q1SUSD millions2026-04-2021,4610.0%
2026Q1Eper share2026-04-151.51+0.3%
2026Q1Rper share2026-04-151.21+0.1%
2025FYEper share2026-01-236.21+0.2%
2025Q4Eper share2026-01-231.47+0.1%
2025FYRper share2026-01-234.90+0.2%
2025FYSUSD millions2026-01-2387,0240.0%
2025Q4SUSD millions2026-01-2322,6950.0%
2025Q4Rper share2026-01-191.14-1.4%
2025Q3Eper share2025-10-091.41+0.2%
2025Q3Rper share2025-10-091.12+0.4%
2025Q3SUSD millions2025-10-0921,303+0.1%
2025Q2Eper share2025-07-181.44+0.0%
2025Q2SUSD millions2025-07-1820,636+0.0%
2025Q2Rper share2025-07-151.14-0.1%
2025Q1Eper share2025-04-191.350.0%
2025Q1Rper share2025-04-191.060.0%
2025Q1SUSD millions2025-04-1519,815+0.0%
2024FYEper share2025-01-245.58+0.0%
2024Q4Eper share2025-01-241.38+0.1%
2024FYSUSD millions2025-01-2479,672+0.0%
2024Q4SUSD millions2025-01-2420,538+0.0%
2024Q4Rper share2025-01-181.10-0.5%
2024FYRper share2025-01-143.56+0.0%
2024Q3SUSD millions2024-10-1719,843+0.0%
2024Q3Eper share2024-10-151.34+0.0%
2024Q3Rper share2024-10-141.050.0%
2024Q2Eper share2024-07-211.300.0%
2024Q2SUSD millions2024-07-1619,291+0.1%
2024Q2Rper share2024-07-121.03+0.9%
2024Q1Eper share2024-04-221.230.0%
2024Q1SUSD millions2024-04-2218,409+0.0%
2024Q1Rper share2024-04-180.93+0.2%
2023FYEper share2024-01-195.00+0.0%
2023FYRper share2024-01-192.26+0.1%
2023FYSUSD millions2024-01-1974,059+0.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share5.6966.5046.409-2.5922.5623.4982.2263.5534.9636.1551-
Sales USD millions59,79866,48545,40056,66964,36067,07468,92080,73888,60395,987-
Shares million shares7998618641,5191,4931,4611,3271,3321,342-1,349
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share1.0931.0991.1361.2241.4121.1911.5091.5671.888
Sales USD millions20,08921,62320,30621,58122,47824,23822,07624,70824,965
Shares million shares1,3311,3321,3361,3391,3411,3421,3471,3481,349

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue95,987.0088,603.00+9.7%80,738.00+17.1%68,920.00+2.8%67,074.00+4.2%64,360.00+13.6%56,669.00+24.8%45,400.00-31.7%66,485.00
Cost of Goods Sold Incl. D&A75,738.0070,814.00+8.4%65,328.00+15.0%56,831.00+6.4%53,406.00+3.0%51,863.00+8.8%47,659.00+37.8%34,598.00-30.6%49,838.00
Gross Profit20,249.0017,789.00+15.4%15,410.00+27.5%12,089.00-11.6%13,668.00+9.4%12,497.00+38.7%9,010.00-16.6%10,802.00-35.1%16,647.00
Selling, General and Administrative Excl. Other9,543.008,902.00+1.9%8,740.00+1.5%8,614.00+4.0%8,284.00+5.8%7,830.00+2.9%7,609.00+23.5%6,163.00-34.2%9,366.00
Research and Development2,853.002,807.00-4.3%2,934.00+4.6%2,805.00+3.5%2,711.00-0.8%2,732.00+5.8%2,582.00+5.3%2,452.00-0.4%2,462.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income10,706.008,887.00+33.2%6,670.00+91.9%3,475.00-35.5%5,384.00+15.4%4,667.00+233.1%1,401.00-69.8%4,639.00-36.3%7,281.00
Interest Expense1,617.001,835.00-6.9%1,970.00+19.2%1,653.00+27.2%1,300.00-4.3%1,358.00-3.6%1,408.00-17.7%1,711.00+39.7%1,225.00
Unusual Expense0.000.000.000.000.00-100.0%833.00-80.1%4,178.00-91.00-147.4%192.00
Net Income Before Taxes10,860.008,733.00+41.0%6,194.00+61.5%3,836.00-37.3%6,117.00+24.1%4,931.00-2,353.00-156.7%4,152.00-49.9%8,280.00
Income Taxes2,033.001,664.00+40.9%1,181.00+159.0%456.00-42.3%790.00+0.5%786.00+36.7%575.00+36.6%421.00-84.0%2,626.00
Consolidated Net Income8,827.007,069.00+41.0%5,013.00+48.3%3,380.00-36.5%5,327.00+28.5%4,145.00-2,928.00-178.5%3,731.00-34.0%5,654.00
Net Income From Continuing Operations8,403.006,732.00+41.0%4,774.00+49.4%3,195.00-38.7%5,216.00+33.8%3,897.00-3,109.00-188.6%3,510.00-33.4%5,269.00
Net Income8,403.006,732.00+41.0%4,774.00+49.4%3,195.00-38.5%5,197.00+34.5%3,864.00-3,519.00-163.6%5,537.00+5.1%5,269.00
EPS (Recurring) per share6.144.96+39.7%3.55+59.2%2.23-36.3%3.50+18.6%2.95-0.44-106.9%6.34-4.9%6.67
EPS (Basic, Before Extraordinaries) per share6.235.02+40.2%3.58+59.8%2.24-36.4%3.52+37.0%2.57-2.59-140.0%6.48-1.5%6.58
EPS (Diluted) per share6.164.96+39.7%3.55+59.2%2.23-36.3%3.50+36.7%2.56-2.59-140.4%6.41-1.4%6.50
EBITDA15,083.0012,887.00+20.8%10,670.00+45.0%7,360.00-19.5%9,141.00+2.3%8,934.00+68.8%5,293.00-25.2%7,074.00-25.5%9,497.00
Non-Operating Income (Expense)1,771.001,681.00+12.5%1,494.00-25.8%2,014.00-0.9%2,033.00-17.2%2,455.00+34.0%1,832.00+61.7%1,133.00-53.1%2,416.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense460.51410.01+16.5%352.00+2.0%345.00+4.9%329.00-8.4%359.00+34.5%267.00+20.8%221.00+5.7%209.00
Price To Earnings Ratio ratio statement ratio, not the snapshot32.2332.2333.0539.0533.7133.60-14.7110.23
Price To Sales Ratio ratio2.652.811.931.752.242.021.712.851.30
Gross Margin %21.1020.0819.0917.5420.3819.4215.9023.7925.04
Operating Margin %11.1510.038.265.048.037.252.4710.2210.95
Net Margin %8.757.605.914.647.756.00-6.2112.207.93
Shares Outstanding million shares1,349.441,342.29+0.8%1,332.12+0.4%1,326.91-9.2%1,461.14-2.2%1,493.28-1.7%1,519.44+75.8%864.37+0.3%861.48
Market Capitalization267,674.92267,674.92+73.8%154,025.63+27.3%120,984.91-18.5%148,358.46+15.2%128,812.89+18.6%108,603.67+33.5%81,342.86+40.6%57,854.29

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue24,965.00+11.1%24,708.00+14.5%22,076.00+8.7%24,238.00+12.1%22,478.00+11.9%21,581.00+9.4%20,306.00+5.2%21,623.00+8.5%
Cost of Goods Sold Incl. D&A19,160.00+7.1%19,575.00+13.8%17,482.00+8.0%19,521.00+12.3%17,898.00+11.5%17,205.00+6.6%16,190.00+2.8%17,388.00+9.2%
Gross Profit5,805.00+26.7%5,133.00+17.3%4,594.00+11.6%4,717.00+11.4%4,580.00+13.5%4,376.00+22.2%4,116.00+15.6%4,235.00+5.6%
Selling, General and Administrative Excl. Other2,629.00+24.0%2,384.00+5.0%2,103.00+0.9%2,427.00+1.9%2,120.00-0.9%2,270.00+5.3%2,085.00+1.1%2,382.00+8.2%
Research and Development711.00+3.9%726.00+4.2%627.00-1.6%789.00-2.4%684.00-8.9%697.00-1.3%637.00-4.8%808.00+6.7%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income3,176.00+29.1%2,749.00+30.5%2,491.00+22.6%2,290.00+23.6%2,460.00+29.9%2,106.00+47.8%2,031.00+35.6%1,853.00+2.5%
Interest Expense413.00-14.5%428.00-10.8%406.00-19.1%370.00-28.0%483.00-11.9%480.00-1.6%502.00+19.5%514.00-6.7%
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes3,301.00+35.4%2,742.00+34.4%2,520.00+28.7%2,297.00+14.3%2,438.00+27.9%2,040.00+376.6%1,958.00+5.8%2,009.00+15.8%
Income Taxes593.00+37.3%493.00+56.5%363.00+9.0%584.00+30.1%432.00+16.4%315.00+24.5%333.00+208.3%449.00+71.4%
Consolidated Net Income2,708.00+35.0%2,249.00+30.4%2,157.00+32.7%1,713.00+9.8%2,006.00+30.7%1,725.00+885.7%1,625.00-6.8%1,560.00+5.9%
Net Income From Continuing Operations2,583.00+34.7%2,139.00+29.1%2,059.00+34.1%1,622.00+9.4%1,918.00+30.3%1,657.00+1392.8%1,535.00-10.2%1,482.00+3.9%
Net Income2,583.00+34.7%2,139.00+29.1%2,059.00+34.1%1,622.00+9.4%1,918.00+30.3%1,657.00+1392.8%1,535.00-10.2%1,482.00+3.9%
EPS (Recurring) per share1.89+34.0%1.57+28.7%1.51+32.5%1.19+8.2%1.41+29.4%1.22+1425.0%1.14-10.9%1.10+4.8%
EPS (Basic, Before Extraordinaries) per share1.91+33.6%1.58+27.4%1.53+33.0%1.21+9.0%1.43+30.0%1.24+1450.0%1.15-10.9%1.11+5.7%
EPS (Diluted) per share1.89+34.0%1.57+28.7%1.51+32.5%1.19+8.2%1.41+29.4%1.22+1425.0%1.14-10.9%1.10+4.8%
EBITDA4,244.00+19.5%3,828.00+20.3%3,562.00+15.5%3,449.00+15.3%3,551.00+18.8%3,182.00+27.4%3,083.00+20.6%2,992.00+17.8%
Non-Operating Income (Expense)538.00+16.7%421.00+1.7%435.00+1.4%377.00-43.6%461.00-17.7%414.00429.00-44.5%669.00+39.7%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense126.34+24.9%116.13151.6866.36101.12---
Price To Earnings Ratio ratio statement ratio, not the snapshot32.2335.5638.8737.6636.7642.8237.2833.05
Price To Sales Ratio ratio2.652.772.912.822.642.362.191.93
Gross Margin %23.2520.7720.8119.4620.3820.2820.2719.59
Operating Margin %12.7211.1311.289.4510.949.7610.008.57
Net Margin %10.358.669.336.698.537.687.566.85
Shares Outstanding million shares1,349.44+0.6%1,347.76+0.7%1,346.68+0.8%1,342.29+0.8%1,340.77+0.7%1,338.54+0.6%1,335.95+0.5%1,332.12+0.4%
Market Capitalization267,674.92+19.5%255,505.60+31.0%258,927.74+46.4%245,897.22+59.6%223,977.90+39.0%195,075.42+46.2%176,846.02+36.4%154,025.63+27.3%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments7,435.00+33.3%5,578.00-15.3%6,587.00+5.9%6,220.00-20.6%7,832.00-11.0%8,802.00+78.3%4,937.00-19.7%6,152.00-31.5%8,985.00
Short Term Receivables31,793.00+24.5%25,546.00+11.2%22,977.00+11.3%20,642.00-1.8%21,022.00+9.6%19,185.00+45.3%13,205.00-25.6%17,757.00+41.0%12,595.00
Inventories13,364.00+4.7%12,768.00+8.4%11,777.00+10.9%10,617.00+15.7%9,178.00-2.5%9,411.00+4.0%9,047.00-10.3%10,083.00+2.0%9,881.00
Other Current Assets5,040.00-30.4%7,241.00+2.3%7,076.00+42.5%4,964.00+23.5%4,018.00-32.8%5,978.00-82.6%34,388.00+2175.8%1,511.00+8.2%1,397.00
Total Current Assets57,632.00+12.7%51,133.00+5.6%48,417.00+14.1%42,443.00+0.9%42,050.00-3.1%43,376.00-29.6%61,577.00+73.4%35,503.00+8.0%32,858.00
Net Property, Plant & Equipment18,755.00+4.5%17,953.00+3.3%17,386.00+2.3%16,999.00+0.4%16,930.00+0.5%16,842.00+45.5%11,574.00-5.9%12,297.00+20.7%10,186.00
Total Investments and Advances750.00-7.9%814.00+1987.2%39.00-45.1%71.00+238.1%21.00-30.0%30.00+25.0%24.00-73.6%91.00+175.8%33.00
Long-Term Note Receivable------1,854.00+11.1%1,669.00+19.5%1,397.00
Intangible Assets85,188.00-1.2%86,232.00-3.2%89,098.00-1.7%90,663.00-2.5%92,952.00-2.0%94,824.00+55.2%61,082.00-18.1%74,536.00+70.2%43,793.00
Deferred Tax Assets------1,611.00-2.1%1,646.00-4.5%1,723.00
Other Assets8,754.00+30.1%6,729.00-2.9%6,929.00-20.2%8,688.00-8.1%9,451.00+33.5%7,081.00+32.2%5,358.00-36.7%8,469.00+22.2%6,930.00
Total Assets171,079.00+5.0%162,861.00+0.6%161,869.00+1.9%158,864.00-1.6%161,404.00-0.5%162,153.00+16.1%139,615.00+4.0%134,211.00+38.5%96,920.00
Short Term Debt Incl. Current Port. of LT Debt4,066.00+40.1%2,902.00+59.5%1,820.00+15.5%1,576.00+177.0%569.00-55.5%1,279.00-77.9%5,796.00+33.4%4,345.00+74.1%2,496.00
Accounts Payable15,895.00+23.2%12,897.00+20.6%10,698.00+8.1%9,896.00+13.1%8,751.00+1.3%8,639.00+10.5%7,816.00-29.5%11,080.00+15.7%9,579.00
Income Tax Payable------928.00+101.7%460.00+61.4%285.00
Other Current Liabilities38,823.00+8.7%35,700.00+4.3%34,243.00+23.9%27,642.00+5.8%26,129.00+0.8%25,930.00-21.4%32,982.00+113.0%15,483.00+28.7%12,031.00
Total Current Liabilities58,784.00+14.1%51,499.00+10.1%46,761.00+19.6%39,114.00+10.3%35,449.00-1.1%35,848.00-23.1%46,594.00+48.5%31,368.00+28.6%24,391.00
Long Term Debt35,890.00-11.1%40,358.00-7.8%43,767.00+35.6%32,280.00-2.1%32,984.00+1.4%32,542.00-16.1%38,794.00-5.8%41,192.00+64.8%24,989.00
Provision for Risks Charges2,067.00-1.8%2,104.00-11.8%2,385.00-50.4%4,807.00-38.8%7,855.00-24.0%10,342.00+315.8%2,487.00-38.1%4,018.00+32.3%3,036.00
Other Liabilities7,200.00+3.7%6,942.00-7.6%7,511.00-11.1%8,449.00-18.9%10,417.00+9.2%9,537.00+28.6%7,414.00-56.2%16,914.00+30.6%12,952.00
Total Liabilities103,941.00+3.0%100,903.00+0.5%100,424.00+18.6%84,650.00-2.4%86,705.00-1.8%88,269.00-7.4%95,289.00+1.9%93,492.00+43.0%65,368.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity65,245.00+8.5%60,156.00+0.6%59,798.00-17.7%72,632.00-0.6%73,068.00+1.3%72,163.00+72.7%41,774.00+8.7%38,446.00+29.8%29,610.00
Total Shareholders Equity65,245.00+8.5%60,156.00+0.6%59,798.00-17.7%72,632.00-0.6%73,068.00+1.3%72,163.00+72.7%41,774.00+8.7%38,446.00+29.8%29,610.00
Accumulated Minority Interest1,893.00+5.0%1,802.00+9.4%1,647.00+4.1%1,582.00-3.0%1,631.00-5.2%1,721.00-32.6%2,552.00+12.3%2,273.00+17.0%1,942.00
Total Equity67,138.00+8.4%61,958.00+0.8%61,445.00-17.2%74,214.00-0.6%74,699.00+1.1%73,884.00+66.7%44,326.00+8.9%40,719.00+29.1%31,552.00
Total Liabilities & Stockholders Equity171,079.00+5.0%162,861.00+0.6%161,869.00+1.9%158,864.00-1.6%161,404.00-0.5%162,153.00+16.1%139,615.00+4.0%134,211.00+38.5%96,920.00
Book Value Per Share per share48.61+7.6%45.16+0.2%45.07-9.3%49.71+1.6%48.93+3.0%47.49-1.7%48.33+8.3%44.63+20.5%37.05
Tangible Book Value Per Share per share-14.86-19.57-22.08-12.34-13.32-14.91-22.34-41.89-17.75
Full-Time Employees people180,000-3.2%186,000+0.5%185,000+1.6%182,000+4.6%174,000-3.9%181,000+48.8%121,600-49.3%240,000+17.1%205,000
Price to Book Ratio ratio3.872.521.742.111.761.511.951.502.15
Return on Assets %4.032.941.993.262.41-2.062.564.564.88
Return on Equity %10.747.964.837.165.37-5.468.7515.4815.92
Return on Invested Capital %6.664.753.094.953.64-3.366.876.628.34
Quick Ratio ratio0.750.740.780.810.930.951.130.810.94
Current Ratio ratio0.980.991.041.091.191.211.321.131.35

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income8,827.007,069.00+41.0%5,013.00+48.3%3,380.00-36.5%5,327.00+28.5%4,145.00-2,928.00-178.5%3,731.00-34.0%5,654.00
Depreciation4,377.004,378.00+0.3%4,364.00+3.6%4,211.00+2.5%4,108.00-9.9%4,557.00+9.6%4,156.00+53.5%2,708.00+11.3%2,433.00
Other Funds (Non Cash)274.0081.00-1,304.00-1,130.00-993.00-394.00-116.6%2,372.00-14.2%2,764.00-548.00
Funds from Operations13,729.0012,317.00+53.5%8,026.00+32.5%6,059.00-10.6%6,779.00-17.5%8,220.00+134.8%3,501.00-62.1%9,241.00+11.7%8,274.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-1,294.00-1,750.00-867.00-147.5%1,824.00+368.9%389.00-1,149.00-1194.3%105.00-358.00-1,952.00
Income Taxes Payable--------406.00-
Cash from Operating Activities12,435.0010,567.00+47.6%7,159.00-9.2%7,883.00+10.0%7,168.00+1.4%7,071.00+96.1%3,606.00-59.4%8,883.00+40.5%6,322.00
Capital Expenditures-3,541.00-3,352.00-3,454.00-3,283.00-2,925.00-2,553.00-2,247.00-3,006.00-3,290.00
Net Assets From Acquisitions0.000.000.000.00-66.00-1,088.00-419.00-9.00-15,398.00
Sale of Fixed Assets and Businesses743.001,931.00+7.6%1,795.00+29816.7%6.00-93.6%94.00-95.0%1,879.00-67.4%5,764.00+4201.5%134.00-87.9%1,105.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-260.00-123.00-142.000.00-205.00-16.00-364.00-681.00-139.00
Other Sources100.00279.00+4.5%267.00+12.2%238.00-12.8%273.00-34.1%414.00+12.5%368.00-21.7%470.00-37.2%749.00
Cash from Investing Activities-2,958.00-1,265.00-1,534.00-3,039.00-2,829.00-1,364.00-144.0%3,102.00-3,092.00-16,973.00
Cash Dividends Paid-3,796.00-3,574.00-3,217.00-3,239.00-3,128.00-2,957.00-2,732.00-2,442.00-2,170.00
Change in Capital Stock0.00-50.00-444.00-12,870.00-2,803.00-2,320.00-32.00-124.00-289.00
Repurchase of Common Pref Stock0.00-50.00-444.00-12,870.00-2,803.00-2,327.00-47.00-151.00-325.00
Sale of Common Pref Stock0.000.000.000.000.00-100.0%7.00-53.3%15.00-44.4%27.00-25.0%36.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1,672.00-3,429.00-2,504.00-121.0%11,899.00+2343.3%487.00-954.00-16,119.00-1,816.00-117.2%10,579.00
Change in Long Term Debt-1,666.00-3,429.00-2,500.00-120.3%12,336.00-2.00-841.00-14,078.00-2,712.00-124.8%10,935.00
Issuance of Long Term Debt0.000.000.00-100.0%12,914.00+1291300.0%1.00-100.0%3,413.00+70.3%2,004.000.00-100.0%13,455.00
Reduction of Long Term Debt-1,666.00-3,429.00-2,500.00-578.00-3.00-4,254.00-16,082.00-2,712.00-2,520.00
Net Financing Active Other Cash Flow-771.00-433.00-452.00-317.00-415.00-454.00-103.3%13,609.00-182.00-155.00
Other Financing Activities Uses-771.00-433.00-452.00-317.00-415.00-525.00-3,598.00-2,651.00-155.00
Cash from Financing Activities-6,239.00-7,486.00-6,617.00-4,527.00-5,859.00-6,685.00-5,274.00-4,564.00-157.3%7,965.00
Exchange Rate Effect-12.0048.00-28.00-255.6%18.00-42.00-1.00-22.00-19.00-120.00
Net Change in Cash3,226.001,864.00-1,020.00-404.5%335.00-1,562.00-979.00-169.3%1,412.00+16.9%1,208.00-2,806.00
Free Cash Flow9,501.007,940.00+75.1%4,534.00-17.1%5,468.00+12.0%4,880.00-1.2%4,937.00+172.6%1,811.00-74.2%7,015.00+58.7%4,420.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio44.5256.98118.0654.1885.5965.57-28.2938.34
Deferred Taxes & Investment Tax Credit-789.00-47.00-402.00-1,663.00-88.00-99.00-360.5%38.00-94.8%735.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments9,173.00+53.8%8,305.00+73.7%6,818.00+32.2%7,435.00+33.3%5,966.00-10.7%4,782.00-20.4%5,157.00-8.0%5,578.00-15.3%
Short Term Receivables33,382.00+13.4%32,922.00+17.3%31,015.00+16.3%31,793.00+24.5%29,441.00+18.8%28,071.00+17.8%26,667.00+14.0%25,546.00+11.2%
Inventories14,953.00+8.3%14,409.00+2.8%14,153.00+3.9%13,364.00+4.7%13,806.00+2.5%14,012.00+7.4%13,618.00+9.9%12,768.00+8.4%
Other Current Assets8,561.00+8.3%8,276.00+6.2%8,023.00+7.3%5,040.00-30.4%7,905.00+15.6%7,792.00+23.0%7,474.00+12.5%7,241.00+2.3%
Total Current Assets66,069.00+15.7%63,912.00+16.9%60,009.00+13.4%57,632.00+12.7%57,118.00+10.3%54,657.00+11.0%52,916.00+10.2%51,133.00+5.6%
Net Property, Plant & Equipment19,005.00+4.3%18,692.00+3.4%18,615.00+3.2%18,755.00+4.5%18,224.00+2.8%18,074.00+4.1%18,034.00+4.4%17,953.00+3.3%
Total Investments and Advances707.00-0.8%711.00-1.8%694.00-3.3%750.00-7.9%713.00-4.4%724.00-4.9%718.00-3.5%814.00+1987.2%
Intangible Assets83,621.00-2.3%83,971.00-2.4%84,758.00-1.6%85,188.00-1.2%85,571.00-2.7%86,075.00-2.0%86,161.00-2.8%86,232.00-3.2%
Other Assets7,194.00+2.1%6,686.00-12.1%6,355.00-9.7%8,754.00+30.1%7,046.00+5.8%7,609.00+27.3%7,035.00+27.0%6,729.00-2.9%
Total Assets176,596.00+4.7%173,972.00+4.1%170,431.00+3.4%171,079.00+5.0%168,672.00+2.3%167,139.00+3.7%164,864.00+2.9%162,861.00+0.6%
Short Term Debt Incl. Current Port. of LT Debt5,889.00+637.0%5,525.00+48.6%4,439.00+45.3%4,066.00+40.1%799.00-76.0%3,719.00+101.2%3,056.00+499.2%2,902.00+59.5%
Accounts Payable17,803.00+22.3%16,998.00+26.5%15,979.00+18.9%15,895.00+23.2%14,552.00+23.0%13,433.00+22.8%13,444.00+27.8%12,897.00+20.6%
Other Current Liabilities39,506.00+4.3%40,722.00+9.5%38,161.00+5.6%38,823.00+8.7%37,883.00+2.2%37,180.00+1.1%36,124.00+6.3%35,700.00+4.3%
Total Current Liabilities63,198.00+18.7%63,245.00+16.4%58,579.00+11.3%58,784.00+14.1%53,234.00+1.9%54,332.00+9.6%52,624.00+16.9%51,499.00+10.1%
Long Term Debt32,985.00-17.4%33,331.00-16.4%34,496.00-13.5%35,890.00-11.1%39,910.00-1.2%39,876.00-4.4%39,890.00-8.8%40,358.00-7.8%
Provision for Risks Charges1,913.00-3.4%1,956.00-4.0%2,015.00-2.2%2,067.00-1.8%1,981.00-11.2%2,038.00-10.0%2,060.00-11.2%2,104.00-11.8%
Other Liabilities7,508.00+4.9%7,296.00+9.8%7,307.00+5.2%7,200.00+3.7%7,154.00+1.2%6,646.00-4.3%6,946.00-0.3%6,942.00-7.6%
Total Liabilities105,604.00+3.3%105,828.00+2.9%102,397.00+0.9%103,941.00+3.0%102,279.00+0.3%102,892.00+2.4%101,520.00+3.5%100,903.00+0.5%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity69,250.00+7.3%66,377.00+6.4%66,280.00+7.7%65,245.00+8.5%64,514.00+5.6%62,398.00+5.8%61,516.00+1.7%60,156.00+0.6%
Total Shareholders Equity69,250.00+7.3%66,377.00+6.4%66,280.00+7.7%65,245.00+8.5%64,514.00+5.6%62,398.00+5.8%61,516.00+1.7%60,156.00+0.6%
Accumulated Minority Interest1,742.00-7.3%1,767.00-4.4%1,754.00-4.0%1,893.00+5.0%1,879.00+7.7%1,849.00+9.0%1,828.00+10.7%1,802.00+9.4%
Total Equity70,992.00+6.9%68,144.00+6.1%68,034.00+7.4%67,138.00+8.4%66,393.00+5.6%64,247.00+5.9%63,344.00+1.9%61,958.00+0.8%
Total Liabilities & Stockholders Equity176,596.00+4.7%173,972.00+4.1%170,431.00+3.4%171,079.00+5.0%168,672.00+2.3%167,139.00+3.7%164,864.00+2.9%162,861.00+0.6%
Book Value Per Share per share51.32+6.7%49.25+5.6%49.22+6.9%48.61+7.6%48.12+4.8%46.62+5.1%46.05+1.2%45.16+0.2%
Tangible Book Value Per Share per share-10.65-13.05-13.72-14.86-15.71-17.69-18.45-19.57
Full-Time Employees people---180,000-3.2%---186,000+0.5%
Price to Book Ratio ratio3.873.853.973.813.593.172.932.52
Return on Assets %4.874.544.334.033.953.742.832.94
Return on Equity %12.5612.0211.3610.7410.4910.137.547.96
Return on Invested Capital %2.532.152.041.601.841.621.511.47
Quick Ratio ratio0.810.780.780.750.810.750.750.74
Current Ratio ratio1.051.011.020.981.071.011.010.99

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income2,708.00+35.0%2,249.00+30.4%2,157.00+32.7%1,713.00+9.8%2,006.00+30.7%1,725.00+885.7%1,625.00-6.8%1,560.00+5.9%
Depreciation1,068.00-2.1%1,079.00+0.3%1,071.00+1.8%1,159.00+1.8%1,091.00-0.3%1,076.00+0.4%1,052.00-0.7%1,139.00+7.6%
Other Funds (Non Cash)-10.008.0011.00265.00-79.00-59.00-46.00-225.00
Funds from Operations3,856.00+10.3%3,280.00+17.3%3,265.00+21.0%3,328.00+30.7%3,495.00+66.1%2,796.00+110.4%2,698.00+31.8%2,546.00-1.0%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-988.00-186.4%267.00-1,410.00837.001,144.00+173.0%-2,338.00-266.5%-1,393.00-985.00-146.1%
Cash from Operating Activities2,868.00-38.2%3,547.00+674.5%1,855.00+42.1%4,165.00+166.8%4,639.00+83.9%458.00-83.2%1,305.00+281.6%1,561.00-66.9%
Capital Expenditures-822.00-727.00-644.00-1,348.00-735.00-652.00-617.00-1,451.00
Net Assets From Acquisitions0.000.000.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.00-100.0%0.000.00743.00+45.1%1,188.000.000.00-100.0%512.00
Purchase or Sale of Investments0.000.000.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.00--0.000.00
Other Uses-42.00-146.00-36.00-36.00-24.00-2.00-61.00-104.00-677.8%
Other Sources7.00-83.3%-71.00-149.0%72.0092.00-65.2%42.00145.000.00-100.0%264.00+87.2%
Cash from Investing Activities-857.00-282.0%-944.00-608.00-549.00471.00-509.00-678.00-197.8%-779.00
Cash Dividends Paid-984.00-983.00-915.00-914.00-910.00-910.00-840.00-802.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.000.000.00-50.00-50.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00-50.00-50.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-2.00-24.00-103.7%-500.00-2731.6%-1,146.00-2,944.00642.0019.00-835.00-109.8%
Change in Long Term Debt-2.00-24.00-500.00-1,140.00-1,500.00-780.00-9.00-800.00-108.4%
Issuance of Long Term Debt0.000.000.000.000.000.000.000.00-100.0%
Reduction of Long Term Debt-2.00-24.00-500.00-1,140.00-1,500.00-780.00-9.00-800.00
Net Financing Active Other Cash Flow-190.00-62.00-425.00-94.00-69.00-85.00-185.00-181.00
Other Financing Activities Uses-190.00-62.00-425.00-94.00-69.00-85.00-185.00-181.00
Cash from Financing Activities-1,176.00-1,069.00-1,840.00-2,154.00-3,923.00-353.00-1,056.00-1,868.00
Exchange Rate Effect3.00-13.00-134.2%-6.00-137.5%4.00-10.00-143.5%38.0016.00-39.00-378.6%
Net Change in Cash838.00-28.8%1,521.00-599.001,466.001,177.00+74.9%-366.00-188.8%-413.00-1,125.00-199.6%
Free Cash Flow2,119.00-47.4%2,878.001,309.00+65.3%3,195.00+549.4%4,025.00+104.2%-72.00-103.3%792.00492.00-87.4%
Price to Free Cash Flow ratio44.5233.7054.7557.20128.06-82.78118.52

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Product59,612.0064,171.00+7.6%72.4%
Service21,126.0024,432.00+15.6%27.6%
Total80,738.0088,603.00+9.7%100.0%
Region
Name20242025vs 20242025 share
Asia Pacific2,587.002,864.00+10.7%3.2%
Europe5,493.005,438.00-1.0%6.1%
Middle East And North Africa486.00348.00-28.4%0.4%
Other Geographic Regions4,471.005,175.00+15.7%5.8%
United States67,701.0074,778.00+10.5%84.4%
Total80,738.0088,603.00+9.7%100.0%
Segment
Name20242025vs 20242025 share
Collins Aerospace25,929.0027,585.00+6.4%31.1%
Other Operating175.00210.00+20.0%0.2%
Pratt and Whitney28,064.0032,916.00+17.3%37.1%
Raytheon26,570.0027,892.00+5.0%31.5%
Total80,738.0088,603.00+9.7%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-301.02%13.8M1348.9M4.58M
2026-10-151.02%13.8M1348.9M4.44M
2026-09-301.01%13.7M1347.2M4.48M
2026-09-151.01%13.6M1347.2M4.68M
2026-08-310.92%12.3M1346.4M4.98M
2026-08-140.96%12.9M1346.4M5.20M
2026-07-311.34%18.1M1346.6M5.44M
2026-07-151.27%17.1M1345.6M5.54M
2026-06-301.20%16.1M1345.6M5.42M
2026-06-151.40%18.9M1345.1M5.31M
2026-05-291.23%16.5M1345.6M5.60M
2026-05-151.07%14.4M1345.6M5.83M
2026-04-301.15%15.5M1345.6M5.92M
2026-04-150.99%13.3M1345.6M5.93M
2026-03-311.02%13.7M1341.1M6.32M
2026-03-130.98%13.2M1341.1M6.10M
2026-02-270.97%13.1M1341.1M5.67M
2026-02-130.92%12.3M1341.1M5.30M
2026-01-300.78%10.4M1339.9M4.87M
2026-01-150.72%9.6M1339.9M4.75M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call11087.8590.050.008.2270.000.000.999-0.0750.000
call11583.0585.050.007.7130.000.000.999-0.0750.000
call12077.8580.050.007.1960.000.000.999-0.0750.000
call12572.5575.050.006.7090.000.000.999-0.0750.000
call13067.8570.050.006.2400.000.000.999-0.0750.000
call13563.1565.050.005.7850.000.000.999-0.0750.000
call14058.1060.0560.405.3531.000.000.999-0.0740.000
call14552.5555.0546.954.9141.000.000.998-0.0740.000
call15047.3550.0533.904.5022.000.000.998-0.0740.001
call15543.1545.050.004.0910.000.000.998-0.0730.001
call16038.1040.0539.233.6872.000.000.998-0.0730.001
call162.535.4037.6036.733.5172.000.000.998-0.0720.001
call16533.0535.100.003.3170.000.000.997-0.0720.001
call167.530.1532.600.003.1180.000.000.997-0.0710.001
call17027.9030.100.002.9200.000.000.997-0.0710.001
call172.525.6027.6020.002.7223.000.000.997-0.0700.001
call17522.5525.1021.202.5194.000.000.996-0.0700.001
call177.520.2022.600.002.3250.000.000.991-0.1540.002
call18018.1019.7518.941.9651162.000.987-0.1930.003
call182.515.0517.6016.951.91917.000.000.957-0.5440.009
call18512.6015.0515.551.7001050.000.915-0.9700.015
call187.510.0012.6012.371.5113.002.000.892-1.0420.018
call1907.8010.1010.501.2941572.000.861-1.0780.021
call192.55.357.656.051.0905392.000.800-1.2290.027
call1953.405.355.100.90820014.000.722-1.2070.032
call197.51.593.702.750.86115213.000.556-1.6750.037
call2000.450.950.750.43154940.000.397-1.3720.037
call202.50.140.310.250.4333363840.170-0.6460.024
call2050.010.150.080.4753721490.124-0.6860.019
call207.50.000.050.030.49110718.000.043-0.2870.009
call2100.000.010.010.4062,0521740.067-0.4760.013
call212.50.000.610.090.56838.000.000.016-0.1530.004
call2150.000.010.010.6011233.000.018-0.1810.004
call217.50.002.130.050.7332.000.000.005-0.0630.001
call2200.000.380.070.76440.000.000.008-0.0840.002
call222.50.002.530.000.8950.000.000.004-0.0590.001
call2250.000.020.010.90228.003.000.007-0.0890.002
call227.50.000.020.020.6924.000.000.006-0.0490.003
call2300.002.130.001.0250.000.000.006-0.0860.002
call232.50.002.530.001.1960.000.000.003-0.0620.001
call2350.002.530.001.2680.000.000.003-0.0620.001
call2400.002.530.001.4080.000.000.003-0.0640.001
call2450.002.530.001.5440.000.000.002-0.0650.001
call2500.002.540.001.6760.000.000.002-0.0660.001
call2550.002.530.001.8040.000.000.002-0.0670.001
call2600.002.530.001.9290.000.000.002-0.0670.001
call2650.003.400.002.0510.000.000.002-0.0680.001
call2700.002.540.002.1700.000.000.002-0.0690.001
call2750.002.530.002.2850.000.000.002-0.0690.001
call2800.002.530.072.3991.000.000.002-0.0700.000
call2850.003.200.002.5090.000.000.002-0.0710.000
put1100.000.290.014.08042.000.00-0.001-0.0710.000
put1150.000.140.013.79157.000.00-0.001-0.0700.000
put1200.000.010.012.45017.000.00-0.001-0.0320.000
put1250.000.290.013.24539.000.00-0.001-0.0690.000
put1300.000.010.012.09416.000.00-0.001-0.0320.001
put1350.000.010.011.92520.000.00-0.001-0.0310.001
put1400.002.530.012.49812.000.00-0.001-0.0670.000
put1450.002.530.012.26424.000.00-0.002-0.0660.000
put1500.002.530.012.0389.000.00-0.002-0.0650.001
put1550.000.230.011.81780.0010.00-0.002-0.0640.001
put1600.002.530.041.6014.000.00-0.002-0.0630.001
put162.50.002.530.001.4950.000.00-0.002-0.0620.001
put1650.000.250.111.26510.000.00-0.002-0.0480.001
put167.50.002.130.001.2820.000.00-0.003-0.0600.001
put1700.002.130.011.1842920.00-0.003-0.0600.001
put172.50.002.130.161.08218.000.00-0.003-0.0590.001
put1750.000.010.010.73636.000.00-0.003-0.0270.001
put177.50.000.950.330.99914.000.00-0.009-0.1420.002
put1800.000.030.010.87748.002.00-0.010-0.1220.003
put182.50.000.100.030.93238.009.00-0.043-0.5340.009
put1850.000.360.050.96561.000.00-0.085-0.9570.015
put187.50.000.570.010.81798.001.00-0.108-1.0290.018
put1900.000.250.130.66618344.00-0.139-1.0680.021
put192.50.020.400.100.58885345.00-0.200-1.2110.027
put1950.070.450.300.42823310.00-0.278-1.1930.032
put197.50.401.980.660.63421312.00-0.444-1.6610.037
put2001.224.101.560.85030711.00-0.602-1.3580.037
put202.53.104.553.310.4644434.00-0.837-0.5980.023
put2054.957.505.600.81525.000.00-0.876-0.6710.019
put207.57.509.400.000.6950.000.00-0.957-0.2720.009
put21010.0012.2519.321.0351.000.00-0.977-0.1720.005
put212.512.5014.900.001.2580.000.00-0.984-0.1370.004
put21515.0017.0523.951.2020.000.00-0.992-0.0730.002
put217.517.5019.600.001.3640.000.00-0.995-0.0470.001
put22020.0022.300.001.6170.000.00-0.996-0.0410.001
put222.522.5025.000.001.8710.000.00-0.996-0.0420.001
put22525.0027.000.001.6450.000.00-0.996-0.0420.001
put227.527.5029.600.001.8450.000.00-0.997-0.0430.001
put23030.0032.150.001.9990.000.00-0.997-0.0430.001
put232.532.5034.6037.032.0680.000.00-0.997-0.0440.001
put23535.0037.1539.512.2200.000.00-0.997-0.0440.001
put24040.0042.100.002.3840.000.00-0.997-0.0450.001
put24545.0047.150.002.6340.000.00-0.998-0.0450.001
put25050.0052.100.002.7780.000.00-0.998-0.0460.001
put25555.0057.100.002.9650.000.00-0.998-0.0460.001
put26060.0062.600.003.6160.000.00-0.998-0.0460.001
put26565.0067.100.003.3230.000.00-0.998-0.0460.001
put27070.0072.150.003.5540.000.00-0.998-0.0470.001
put27574.5577.150.003.7210.000.00-0.998-0.0470.001
put28080.0082.100.003.8090.000.00-0.998-0.0470.000
put28585.0087.100.003.9780.000.00-0.998-0.0470.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2010-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-208-KCurrent report2026-10-20SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-158-KCurrent report2026-09-15SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-18SEC
2026-08-18144Filing for proposed sale of securities under Rule 144.SEC
2026-07-284Statement of changes in beneficial ownership of securities2026-07-24SEC
2026-07-284Statement of changes in beneficial ownership of securities2026-07-27SEC
2026-07-284Statement of changes in beneficial ownership of securities2026-07-24SEC
2026-07-27144Filing for proposed sale of securities under Rule 144.SEC
2026-07-24144Filing for proposed sale of securities under Rule 144.SEC
2026-07-24144Filing for proposed sale of securities under Rule 144.SEC
2026-07-2310-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-238-KCurrent report2026-07-23SEC
2026-07-064Statement of changes in beneficial ownership of securities2026-07-01SEC
2026-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-1811-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-01SDSpecialized Disclosure ReportSEC
2026-05-14SCHEDULE 13G/ASEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC
2026-05-044Statement of changes in beneficial ownership of securities2026-04-30SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-10001.83M1
2026-090000
2026-08003.06M1
2026-07003.80M4
2026-060000
2026-050000
2026-040000
2026-030000
2026-020032.68M7
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.21%
STATE STREET CORP7.06%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
Capital Research Global Investors3.80%
JPMORGAN CHASE & CO2.72%
DODGE & COX2.61%
GEODE CAPITAL MANAGEMENT, LLC2.49%
MORGAN STANLEY2.30%
VANGUARD PORTFOLIO MANAGEMENT LLC1.94%
BANK OF AMERICA CORP /DE/1.81%

Funds

Fund% owned
JPMorgan Ultra-Short Income ETF4.90%
Dodge & Cox Income Fund4.14%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
PGIM Ultra Short Bond ETF2.97%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND2.90%
VANGUARD 500 INDEX FUND2.59%
JPMorgan Managed Income Fund2.43%
Putnam Ultra Short Duration Income Fund2.34%
Goldman Sachs Tactical Tilt Overlay Fund2.33%
iShares iBoxx $ Investment Grade Corporate Bond ETF1.98%

OakChart. RTX. Cached 15 minutes. Terms