Raytheon Technologies Corp (RTX)

Net profit margin

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Net income (ttm) US$ in thousands 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 5,537,000 5,080,000 5,170,000 5,318,000
Revenue (ttm) US$ in thousands 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 45,349,000 51,699,000 56,836,000 62,212,000
Net profit margin 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% 12.21% 9.83% 9.10% 8.55%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,195,000K ÷ $68,920,000K
= 4.64%

The net profit margin of RTX Corp has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin was 4.64%, slightly lower than in the previous quarter (Q3 2023) at 4.76%. Prior to this, there was a notable decrease in the net profit margin from Q2 2023 at 7.88% to Q1 2023 at 8.08%. Comparing the latest data to the same quarter in the previous year (Q4 2022), there was a decrease from 7.75% to 4.64%.

Overall, the trend indicates some variability in the net profit margin of RTX Corp, with some periods showing higher profitability compared to others. It may be beneficial for stakeholders to closely monitor the company's performance and assess the factors influencing these fluctuations to determine sustainability and future financial health.


Peer comparison

Dec 31, 2023

Company name
Symbol
Net profit margin
Raytheon Technologies Corp
RTX
4.64%
Honeywell International Inc
HON
15.44%

See also:

Raytheon Technologies Corp Net Profit Margin (Quarterly Data)