Raytheon Technologies Corp (RTX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,774,000 | 4,718,000 | 2,262,000 | 3,478,000 | 3,195,000 | 3,191,000 | 5,562,000 | 5,539,000 | 5,197,000 | 4,461,000 | 4,467,000 | 4,195,000 | 3,864,000 | 3,313,000 | 2,184,000 | -2,683,000 | -3,519,000 | -2,511,000 | -1,627,000 | 4,108,000 |
| Revenue (ttm) | US$ in thousands | 80,738,000 | 79,042,000 | 72,417,000 | 71,011,000 | 68,920,000 | 67,086,000 | 70,573,000 | 68,572,000 | 67,074,000 | 66,025,000 | 65,287,000 | 64,853,000 | 64,388,000 | 63,763,000 | 62,297,000 | 60,478,000 | 56,587,000 | 51,862,000 | 48,488,000 | 45,756,000 |
| Net profit margin | 5.91% | 5.97% | 3.12% | 4.90% | 4.64% | 4.76% | 7.88% | 8.08% | 7.75% | 6.76% | 6.84% | 6.47% | 6.00% | 5.20% | 3.51% | -4.44% | -6.22% | -4.84% | -3.36% | 8.98% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,774,000K ÷ $80,738,000K
= 5.91%
The net profit margin of Raytheon Technologies Corp has shown fluctuations over the period indicated in the data. It decreased from 8.98% in March 2020 to a low of -6.22% in December 2020, indicating a period of lower profitability relative to revenue during this time frame.
Subsequently, the net profit margin started to improve, turning positive in June 2021 at 3.51%. The company continued to enhance its profitability, reaching a peak of 8.08% in March 2023. However, there was a slight decrease in the net profit margin to 3.12% in June 2024, before picking up again to 5.91% by December 2024.
Overall, the trend in the net profit margin of Raytheon Technologies Corp demonstrates variations in profitability performance over the analyzed period, with certain periods of strong performance and others with lower profitability levels.
Peer comparison
Dec 31, 2024
See also:
Raytheon Technologies Corp Net Profit Margin (Quarterly Data)