Raytheon Technologies Corp (RTX)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 5,955,000 | 5,712,000 | 2,496,000 | 3,672,000 | 3,581,000 | 3,397,000 | 6,439,000 | 6,363,000 | 5,837,000 | 5,115,000 | 4,842,000 | 4,752,000 | 4,650,000 | 3,825,000 | 2,845,000 | -2,402,000 | -2,944,000 | -1,802,000 | -764,000 | 5,015,000 |
| 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 |
| Pretax margin | 7.38% | 7.23% | 3.45% | 5.17% | 5.20% | 5.06% | 9.12% | 9.28% | 8.70% | 7.75% | 7.42% | 7.33% | 7.22% | 6.00% | 4.57% | -3.97% | -5.20% | -3.47% | -1.58% | 10.96% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $5,955,000K ÷ $80,738,000K
= 7.38%
The pretax margin of Raytheon Technologies Corp fluctuated over the reporting periods in the provided data. It started positively at 10.96% on March 31, 2020, then turned negative for the next three quarters, indicating potential operational challenges or increased expenses relative to revenue during this period.
However, as of June 30, 2021, the pretax margin improved to a positive 4.57%, suggesting the company was able to control costs or increase efficiency. The trend continued to improve in subsequent quarters, reaching 9.28% by March 31, 2023, demonstrating a positive growth trajectory.
From that point onward, the pretax margin fluctuated within a narrower range, with some quarters showing slight declines or improvements. Overall, the pretax margin reflected a mix of challenges and successes in managing expenses and generating profits over the analyzed period.
Peer comparison
Dec 31, 2024