Raytheon Technologies Corp (RTX)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,774,000 | 4,718,000 | 2,262,000 | 3,478,000 | 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 |
| 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 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $4,774,000K ÷ $162,861,000K
= 2.93%
Raytheon Technologies Corp's return on assets (ROA) has shown variability over the period from March 31, 2020, to December 31, 2024. The ROA ranged from a low of -2.17% on December 31, 2020, to a high of 3.43% on March 31, 2023, and June 30, 2023.
Overall, Raytheon's ROA has exhibited improvement in recent periods, with a consistent upward trend starting from the second half of 2022. As of December 31, 2024, the ROA stands at 2.93%, indicating that the company is generating a positive return on its assets.
This upward trajectory in ROA could suggest that Raytheon is becoming more efficient in generating profits from its assets, which is a positive sign for investors and stakeholders. However, it would be important to monitor this metric in future periods to assess the sustainability of this trend.
See also:
Raytheon Technologies Corp Return on Assets (ROA) (Quarterly Data)