Raytheon Technologies Corp (RTX)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 60,156,000 | 61,114,000 | 58,985,000 | 60,485,000 | 59,798,000 | 69,596,000 | 72,480,000 | 72,795,000 | 72,632,000 | 70,187,000 | 70,441,000 | 72,462,000 | 73,068,000 | 71,308,000 | 71,115,000 | 71,710,000 | 72,163,000 | 68,379,000 | 67,225,000 | 39,411,000 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $4,774,000K ÷ $60,156,000K
= 7.94%
Raytheon Technologies Corp's return on equity (ROE) has shown fluctuations over the periods provided.
From March 31, 2020, to June 30, 2020, the ROE fell from 10.42% to -2.42%, indicating a significant decline. This negative trend continued until December 31, 2020, where the ROE reached -4.88%.
However, starting from March 31, 2021, there was a reversal in the trend, with the ROE turning positive at -3.74%. The positive momentum continued, reaching 7.94% by December 31, 2024.
Overall, Raytheon Technologies Corp has shown improvements in its ROE from negative figures in 2020 to positive figures in 2024. This indicates that the company's profitability relative to its shareholder's equity has been on an upward trajectory in recent years.
Peer comparison
Dec 31, 2024
See also:
Raytheon Technologies Corp Return on Equity (ROE) (Quarterly Data)