Raytheon Technologies Corp (RTX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 91.96% | 92.11% | 91.49% | 91.19% | 91.03% | 90.93% | 91.50% | 91.66% | 91.46% | 91.08% | 91.04% | 90.79% | 90.90% | 70.91% | 51.56% | 32.45% | 15.08% | 17.27% | 20.78% | 24.05% |
| Operating profit margin | 8.10% | 7.85% | 3.84% | 5.27% | 5.17% | 4.75% | 8.64% | 8.69% | 7.98% | 7.99% | 7.81% | 7.75% | 7.70% | 5.93% | 4.61% | -3.59% | -3.34% | -2.07% | -0.16% | 11.07% |
| 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% |
| Net profit margin | 5.91% | 5.97% | 3.12% | 4.90% | 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% |
Raytheon Technologies Corp's profitability ratios indicate a fluctuating trend over the years. The gross profit margin has been steadily increasing, reaching a high of 92.11% by September 30, 2024, reflecting strong control over production costs and improved efficiency in generating profits from sales.
In contrast, the operating profit margin shows more volatility, with negative margins in certain quarters, but gradually improving to 8.10% by December 31, 2024. This suggests that the company has been addressing operational inefficiencies and cost structures to enhance profitability.
Similarly, the pretax margin and net profit margin also show fluctuations over the period, with occasional negative margins but a general upward trend. By December 31, 2024, the pretax margin stood at 7.38% and the net profit margin at 5.91%, indicating an overall improvement in the company's ability to generate profits after accounting for all expenses and taxes.
Overall, Raytheon Technologies Corp has shown a positive trajectory in its profitability ratios, reflecting efforts to enhance operational efficiency and cost control measures to drive profitability in the long term.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 2.93% | 2.86% | 1.40% | 2.17% | 1.97% | 1.96% | 3.43% | 3.43% | 3.27% | 2.82% | 2.81% | 2.63% | 2.39% | 2.09% | 1.37% | -1.67% | -2.17% | -1.55% | -1.01% | 2.94% |
| Return on total capital | 12.99% | 12.40% | 7.18% | 8.71% | 8.51% | 6.80% | 10.65% | 10.49% | 9.79% | 9.05% | 8.69% | 8.34% | 8.17% | 7.32% | 5.95% | -1.43% | -2.19% | -0.54% | 1.07% | 16.54% |
| Return on equity (ROE) | 7.94% | 7.72% | 3.83% | 5.75% | 5.34% | 4.59% | 7.67% | 7.61% | 7.16% | 6.36% | 6.34% | 5.79% | 5.29% | 4.65% | 3.07% | -3.74% | -4.88% | -3.67% | -2.42% | 10.42% |
Raytheon Technologies Corp's profitability ratios have shown varying trends over the periods analyzed. The Operating return on assets (Operating ROA) started at 3.63% in March 2020, dipped to negative figures in mid-2020, but gradually improved to 3.76% by September 2024.
The Return on assets (ROA) also followed a similar pattern, with negative values initially and then a steady increase to 2.93% by December 2024. Return on total capital showed a consistent growth trend, starting at 16.54% in March 2020 and reaching 12.99% by December 2024.
Return on equity (ROE) began at 10.42% in March 2020, fell into negative territory, and then climbed to 7.94% by December 2024. These metrics indicate that the company has made progress in utilizing its assets and capital efficiently to generate profits for shareholders, though there were periods of underperformance.
See also:
Raytheon Technologies Corp Profitability Ratios (Quarterly Data)