Raytheon Technologies Corp (RTX)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 6,538,000 | 6,204,000 | 2,780,000 | 3,744,000 | 3,561,000 | 3,185,000 | 6,101,000 | 5,961,000 | 5,354,000 | 5,273,000 | 5,096,000 | 5,025,000 | 4,958,000 | 3,780,000 | 2,871,000 | -2,171,000 | -1,889,000 | -1,075,000 | -79,000 | 5,067,000 |
| Total assets | US$ in thousands | 162,861,000 | 164,822,000 | 161,169,000 | 160,187,000 | 161,869,000 | 162,443,000 | 162,161,000 | 161,636,000 | 158,864,000 | 158,225,000 | 159,017,000 | 159,366,000 | 161,404,000 | 158,772,000 | 158,838,000 | 160,608,000 | 162,153,000 | 162,399,000 | 161,517,000 | 139,572,000 |
| Operating ROA | 4.01% | 3.76% | 1.72% | 2.34% | 2.20% | 1.96% | 3.76% | 3.69% | 3.37% | 3.33% | 3.20% | 3.15% | 3.07% | 2.38% | 1.81% | -1.35% | -1.16% | -0.66% | -0.05% | 3.63% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $6,538,000K ÷ $162,861,000K
= 4.01%
Raytheon Technologies Corp's operating return on assets (operating ROA) has varied over the provided periods. Starting at 3.63% in March 2020, the operating ROA experienced fluctuations, including negative figures in the subsequent quarters. There was a significant decrease in performance in December 2020 with a negative operating ROA of -1.16%. However, the trend improved gradually through 2021 and 2022, with the operating ROA reaching 3.37% by December 2022. Despite some fluctuations in the following periods, the operating ROA remained relatively stable above 2% until a sharp increase to 4.01% in December 2024. This could indicate a potential improvement in the company's ability to generate profits from its assets during that period.
Peer comparison
Dec 31, 2024