Quick answer: latest quarter results, by ticker or company name

Reported Q: Q1 2025 Rev YoY: +5.2% EPS YoY: -10.9% Move: -1.24%

RTX Corporation

RTX

$196.19 -1.24%

Exchange NYSE Sector Industrials Industry Aerospace Defense

Q1 2025

Published: Apr 22, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for RTX

Reported

Report Date

Apr 22, 2025

Quarter Q1 2025

Revenue

20.31B

YoY: +5.2%

EPS

1.14

YoY: -10.9%

Market Move

-1.24%

Previous quarter: Q4 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $20.31B up 5.2% year-over-year
EPS of $1.14 decreased by 10.9% from previous year
Gross margin of 20.3%
Net income of 1.54B
"We exited the quarter with a backlog of $217 billion, which was up 8% year-over-year and includes $125 billion of commercial orders and $92 billion of defense awards." - Chris Calio

RTX

Company RTX

Period Q1 2025

Currency USD

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

RTX delivered a solid start to 2025, underpinned by resilient demand across its three operating segments and a broad, multi-year military and commercial aerospace backdrop. In Q1, RTX reported adjusted sales of $20.3 billion, up 5% year over year and 8% on an organic basis, with segment operating profit of $2.5 billion, up 18% driven by higher volume and cost transformation benefits. The company also posted adjusted EPS of $1.47 and free cash flow of $792 million, while exiting the quarter with a backlog of $217 billion, up 8% year over year (comprising $125B commercial and $92B defense). Management highlighted 120 basis points of consolidated margin expansion across all three segments, including Collins Aerospace (+130 bps), Pratt & Whitney (+130 bps), and Raytheon (+120 bps).

Key Performance Indicators

Revenue

Increasing

20.31B

QoQ: -6.09% | YoY: 5.19%

Gross Profit

Increasing

4.12B

20.27% margin

QoQ: -2.81% | YoY: 15.59%

Operating Income

Increasing

2.04B

QoQ: -3.60% | YoY: 35.85%

Net Income

Decreasing

1.54B

QoQ: 3.58% | YoY: -10.18%

EPS

Decreasing

1.15

QoQ: 3.60% | YoY: -10.85%

Revenue Trend

Margin Analysis

Financial Highlights

Key Q1 2025 metrics and commentary:
- Revenue: $20.306 billion; YoY growth 5.19%; QoQ change -6.09% (as reported in the earnings metrics).
- Gross Profit: $4.116 billion; YoY +15.59%; QoQ -2.81%; Gross margin ~20.3%.
- Operating Income: $2.035 billion; YoY +35.85%; QoQ -3.60%; Operating margin ~10.02%.
- Net Income: $1.535 billion; YoY -10.18%; QoQ +3.58%; Net margin ~7.56%.
- Adjusted EPS: $1.47; YoY -10.85%; QoQ +3.60% (GAAP EPS continuing operations $1.14, including $0.27 acquisition accounting adjustments).
- Free Cash Flow: $792 million; Operating cash flow $1.305 billion; Capex $0.513 billion; FCF yield modest for a capital-intensive aerospace & defense company.
- Backlog: $217 billion (+8% YoY); Commercial orders $125B; Defense awards $92B.
- Segment profits: Collins $1.20B; Pratt $0.59B; Raytheon $0.678B; Book-to-bill (Raytheon) 0.7 in Q1; Rolling 12-month book-to-bill for Raytheon 1.35.
- Leverage and liquidity: Total debt $41.3B; Net debt $36.1B; Cash and short-term investments ~$5.8B; Debt/ capitalization ~0.411; Interest coverage ~4.05x.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	20.31B	5.19%	-6.09%
Gross Profit	4.12B	15.59%	-2.81%
Operating Income	2.04B	35.85%	-3.60%
Net Income	1.54B	-10.18%	3.58%
EPS	1.15	-10.85%	3.60%

Key Financial Ratios

Gross Profit Margin

Fair

20.30%

Gross profit margin is moderate, room for improvement in cost management

Operating Profit Margin

Fair

10.00%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

7.56%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

0.93%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

2.50%

Return on equity suggests inefficient capital allocation

Current Ratio

Adequate

1.01

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Elevated

0.70

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Growth

28.85x

Elevated P/E suggests growth expectations or premium valuation

Price to Book

Fair Value

2.88x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q1 2025	20,306.00	1.14	+5.2%	View
Q4 2024	21,623.00	1.10	+8.5%	View
Q3 2024	20,089.00	1.09	+49.2%	View
Q2 2024	19,721.00	0.08	+7.7%	View
Q1 2024	19,305.00	1.28	+12.2%	View

RTX

RTX Corporation

Q4 2024 Report

RTX Corporation (RTX) QQ4 2024 Results Analysis – Backlog Strength, Margin Progress, and 2025 Optimism Across Collins, Pratt & Whitney, and Raytheon...

Read full report

RTX

RTX Corporation

Q3 2024 Report

RTX Corporation (RTX) QQ3 2024 Results Analysis: Robust Demand, Margin Expansion, and Backlog Leadership Across Collins, Pratt & Whitney, and Raytheon...

Read full report

RTX

RTX Corporation

Q2 2024 Report

RTX Corporation (RTX) QQ2 2024 Earnings Analysis: Backlog Expansion, Margin Expansion Across Collins Pratt & Whitney and Raytheon, and Strategic Portf...

Read full report

RTX

RTX Corporation

Q1 2024 Report

RTX Corporation (RTX) QQ1 2024 Results – Backlog Record, GTF MRO Ramp, and Defense Momentum Drive Mixed Margin Progress...

Read full report

RTX Corporation (RTX) Q1 2025 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

More RTX Quarterly Reports

RTX

RTX

RTX

RTX

Q1 2025 Reports in Industrials Sector

BA

Related Financial Data

Sector Analysis: Industrials

RTX Full Profile

RTX Financial Statements

Earnings Calendar