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.
Peer comparison
Dec 31, 2024
See also:
Raytheon Technologies Corp Return on Assets (ROA) (Quarterly Data)