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
See also:
Raytheon Technologies Corp Net Profit Margin (Quarterly Data)