Raytheon Technologies Corp (RTX)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 5,955,000 | 3,651,000 | 5,897,000 | 4,650,000 | -2,944,000 |
| Revenue | US$ in thousands | 80,738,000 | 68,920,000 | 67,074,000 | 64,388,000 | 56,587,000 |
| Pretax margin | 7.38% | 5.30% | 8.79% | 7.22% | -5.20% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $5,955,000K ÷ $80,738,000K
= 7.38%
The pretax margin of Raytheon Technologies Corp has shown fluctuations over the past five years. It stood at -5.20% on December 31, 2020, indicating a loss before tax. Subsequently, there was a significant improvement as the pretax margin increased to 7.22% by December 31, 2021, and further to 8.79% by December 31, 2022. However, the pretax margin dropped to 5.30% by December 31, 2023, before rebounding to 7.38% by December 31, 2024.
Overall, Raytheon Technologies Corp has demonstrated variability in its pretax margin performance, with improvements in profitability in the recent years, although there was a slight decline in 2023. The company should continue to monitor its profitability trends to ensure sustainable growth and profitability in the future.
Peer comparison
Dec 31, 2024