RTX RTX Corporation Common Stock
NYSE · Aerospace & Defense · View on SEC EDGAR ↗ close Oct 6, 2026 10-K/10-Q Jul 23, 2026RTX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| April 3, 2020 | 1589-for-1000 | Forward |
| June 13, 2005 | 2-for-1 | Forward |
| May 18, 1999 | 2-for-1 | Forward |
| Dec. 11, 1996 | 2-for-1 | Forward |
| June 11, 1984 | 2-for-1 | Forward |
| May 19, 1976 | 2-for-1 | Forward |
| Nov. 1, 1965 | 3-for-2 | Forward |
About RTX Corporation Common Stock Company overview from Wikipedia
RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's rank in the Forbes Global 2000 was 79. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. The company is a large military contractor, getting much of its revenue from the U.S. government.
The company was formed in 2020 by a merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company. Before the merger, UTC spun off its Otis Elevator Company and Carrier Corporation subsidiaries. The merged company adopted the better-known name of Raytheon in the form Raytheon Technologies Corporation and transferred its headquarters to Waltham, Massachusetts. Former UTC CEO and chairman Gregory J. Hayes is chairman and CEO of the combined company, which was renamed from Raytheon Technologies Corporation to RTX in July 2023.
History
1922-2020: Raytheon
The Raytheon Company was founded in 1922 in Cambridge, Massachusetts, by Laurence K. Marshall, Vannevar Bush, and Charles G. Smith as the American Appliance Company. Its focus, which was originally on new refrigeration technology, soon shifted to electronics. The company's first product was a gaseous (helium) rectifier that was based on Charles Smith's earlier astronomical research of the star Zeta Puppis. The electron tube was christened with the name Raytheon ("light of/from the gods") and was used in a battery eliminator, a type of radio-receiver power supply that plugged into the power grid in place of large batteries. This made it possible to convert household alternating current to direct current for radios and thus eliminate the need for expensive, short-lived batteries.
In 1925, the company changed its name to Raytheon Manufacturing Company and began marketing its rectifier under the Raytheon brand name, with commercial success. In 1928, Raytheon merged with Q.R.S. Company, an American manufacturer of electron tubes and switches, to form the successor of the same name, Raytheon Manufacturing Company. By the 1930s, it had already grown to become one of the world's largest vacuum tube manufacturing companies. In 1933 it diversified by acquiring Acme-Delta Company, a producer of transformers, power equipment, and electronic auto parts.
During World War II, Raytheon mass-manufactured magnetron tubes for use in microwave radar sets and then complete radar systems. At war's end in 1945, the company was responsible for about 80 percent of all magnetrons manufactured. During the war, Raytheon also pioneered the production of shipboard radar systems, particularly for submarine detection. Raytheon ranked 71st among United States corporations in the value of World War II military production contracts. In 1945, Raytheon's Percy Spencer invented the microwave oven by discovering that the magnetron could rapidly heat food. In 1947, the company demonstrated the Radarange microwave oven for commercial use.
After the war, Raytheon developed the first guidance system for a missile that could intercept a flying target. In 1948, Raytheon began to manufacture guided missiles, including the SAM-N-2 Lark, and eventually the air-to-air AIM-7 Sparrow, and the ground-to-air MIM-23 Hawk missiles. In 1959, Raytheon acquired the marine electronics company Apelco Applied Electronics, which significantly increased its strength in commercial marine navigation and radio gear, and changed its name to Raytheon Company.
During the post-war years, Raytheon also made generally low- to medium-powered radio and television transmitters and related equipment for the commercial market. In the 1950s, Raytheon began manufacturing transistors, including the CK722, priced for and marketed to hobbyists. Under the direction of Thomas L. Phillips in 1965, it acquired Amana Refrigeration, Inc., a manufacturer of refrigerators and air conditioners. Using the Amana brand name and its distribution channels, Raytheon began selling the first countertop household microwave oven in 1967 and became a dominant manufacturer in the microwave oven business.
In 1991, during the Persian Gulf War, Raytheon's Patriot missile received great international exposure. It was credited for downing Iraqi Scud missiles. The exposure resulted in a substantial increase in sales for the company outside the United States. By 2006, Raytheon reported $283.9 million in global revenues for its Patriot missile system.
In an effort to establish leadership in the defense electronics business, Raytheon purchased in quick succession Dallas-based E-Systems (1995); Chrysler Corporation's defense electronics and aircraft-modification businesses, and the defense unit of Texas Instruments, Defense Systems & Electronics Group (1997). The businesses were purchased for $2.3 billion and $2.95 billion, respectively. Also in 1997, Raytheon acquired the aerospace and defense business of Hughes Aircraft Company from Hughes Electronics Corporation, a subsidiary of General Motors, which included a number of product lines previously purchased by Hughes Electronics, including the former General Dynamics missile business (Pomona facility), the defense portion of Delco Electronics (Delco Systems Operations), and Magnavox Electronic Systems. Raytheon also divested itself of several nondefense businesses in the 1990s, including Amana Refrigeration and Seismograph Service Ltd (sold to Schlumberger-Geco-Prakla).
In November 2007, Raytheon purchased robotics company Sarcos, and in October 2009, Raytheon acquired BBN Technologies. In December 2010, Applied Signal Technology agreed to be acquired by Raytheon for $490 million.
In October 2014, Raytheon beat rivals Lockheed Martin and Northrop Grumman for a contract to build 3DELRR, a next-generation long-range radar system, for the US Air Force worth an estimated $1 billion. The contract award involved the construction of next-generation radar that can track aircraft, missiles, and remotely piloted aircraft. It was immediately protested by Raytheon's competitors. After re-evaluating the bids following the protests, the US Air Force decided to delay awarding the 3DELRR EMD contract until 2017 and was to issue an amended solicitation at the end of July 2016. In 2017 the Air Force again awarded the contract to Raytheon.
In May 2015, Raytheon acquired cybersecurity firm Websense, Inc. from Vista Equity Partners for $1.9 billion and combined it with RCP, formerly part of its IIS segment to form Raytheon|Websense. In October 2015, Raytheon|Websense acquired Foreground Security, a provider of security operations centers, managed security service solutions and cybersecurity professional services, for $62 million. In January 2016, Raytheon|Websense acquired the firewall provider Stonesoft from Intel Security for an undisclosed amount and renamed itself to Forcepoint.
In July 2016, Poland's Defence Minister Antoni Macierewicz planned to sign a letter of intent with Raytheon for a $5.6 billion deal to upgrade its Patriot missile-defense shield, and in 2017, Saudi Arabia signed business deals worth billions of dollars with multiple American companies, including Raytheon.
In February 2020, Raytheon completed the first radar antenna array for the US Army's new missile defense radar, known as the Lower Tier Air and Missile Defense Sensor (LTAMDS), to replace the service's Patriot air and missile defense system sensor.
1929-2020: United Technologies Corporation
In 1929, William Boeing's Boeing Airplane & Transport Corporation teamed up with Frederick Rentschler's Pratt & Whitney to form the United Aircraft and Transport Corporation, a large, vertically integrated, amalgamated firm, uniting business interests in all aspects of aviation—a combination of aircraft engine and airframe manufacturing and airline business, to serve all aviation markets, both civil aviation (cargo, passenger, private, air mail) and military aviation. After the Air Mail scandal of 1934, the U.S. government concluded that such large holding companies as United Aircraft and Transport were anti-competitive, and new antitrust laws were passed forbidding airframe or engine manufacturers from having interests in airlines.
United Aircraft Corporation was formed in 1934 from United Aircraft and Transport's manufacturing interests east of the Mississippi River (Pratt & Whitney, Sikorsky, Vought, and Hamilton Standard Propeller Company), headquartered in Hartford with Frederick Rentschler, founder of Pratt & Whitney, as president.
United Aircraft became a component of the Dow Jones Industrial Average on March 4, 1939, when United Aircraft and AT&T were added to replace Nash Motors and International Business Machines. The company and its successors remained a component of the Dow Jones Industrial Average through August 2020. It was announced that starting August 31, 2020, Raytheon Technologies would be substituted in the Dow Jones Industrial Average by Honeywell International.
During World War II, United Aircraft ranked sixth among United States corporations in the value of wartime production contracts. At the close of the war, United Aircraft entered the emerging markets for jet engines and helicopters, via Pratt & Whitney and Sikorsky, respectively.
In the 1950s, United Aircraft began developing jet engines, including the Pratt & Whitney J57, the most powerful jet engine on the market for some years. In the 1960s, Pratt & Whitney produced the Pratt & Whitney JT9D for the Boeing 747.
In 1974, Harry Jack Gray left Litton Industries to become the CEO of United Aircraft. He pursued a strategy of growth and diversification, changing the parent corporation's name to United Technologies Corporation (UTC) in 1975 to reflect the intent to diversify into numerous high tech fields beyond aerospace. (The change became official on May 1, 1975.) The diversification was partially to balance civilian business against any overreliance on military business. UTC became a mergers and acquisitions (M&A)–focused organization, with various forced takeovers of unwilling smaller corporations. The next year (1976), UTC forcibly acquired Otis Elevator. In 1979, Carrier Refrigeration was acquired;
At one point the military portion of UTC's business, whose sensitivity to "excess profits" and boom/bust demand drove UTC to diversify away from it, actually carried the weight of losses incurred by the commercial M&A side of the business. Although M&A activity was not new to United Aircraft, the M&A activity of the 1970s and 1980s was higher-stakes and arguably unfocused. Rather than aviation being the central theme of UTC businesses, high tech (of any type) was the new theme. Some Wall Street watchers questioned the true value of M&A at almost any price, seemingly for its own sake.
In 1999, UTC acquired Sundstrand Corporation and merged it into UTC's Hamilton Standard unit to form Hamilton Sundstrand. In 2003, UTC entered the fire and security business by purchasing Chubb Security. In 2004, UTC acquired the Schweizer Aircraft Corporation which planned to operate as a wholly owned subsidiary under their Sikorsky Aircraft division.
In 2005, UTC further pursued its stake in the fire and security business by purchasing Kidde. Also in 2005, UTC acquired Boeing's Rocketdyne division, which was merged into the Pratt & Whitney business unit and renamed Pratt & Whitney Rocketdyne (later sold to Aerojet and merged into Aerojet Rocketdyne). In November 2008, UTC's Carrier Corporation acquired NORESCO, an energy service company.
In 2010, UTC conducted its largest acquisition to date, General Electric's security equipment business for US$1.8 billion, a move to support UTC's Fire & Security unit. In September 2011, UTC acquired an $18.4 billion deal (including $1.9 billion in net debt assumed) for aircraft components maker Goodrich Corporation. In July 2012, United Technologies acquired Goodrich and merged it with Hamilton Sundstrand, forming UTC Aerospace Systems.
In November 2018, UTC acquired Rockwell Collins for $23 billion ($30 billion including Rockwell Collins' net debt). As part of the deal, Pratt and Whitney and the newly-formed Collins Aerospace remained under United Technologies, while Otis Elevator and UTC Climate, Controls & Security (doing business as Carrier) were spun off as two independent companies. The spin off was completed in March 2020.
2020-2023: Raytheon Technologies
In June 2019, United Technologies announced the intention to merge with the Raytheon Company. The combined company, valued at more than $100 billion after planned spinoffs, would be the world's second-largest aerospace-and-defense company by sales behind Boeing. Although UTC was the legal survivor, the merged company took the name Raytheon Technologies and based its headquarters at Raytheon's former campus in Waltham, Massachusetts, rather than UTC's former base in Farmington, Connecticut. The merger was completed in April 2020. Raytheon Technologies began trading at $51 per share, on the New York Stock Exchange under the ticker RTX.
On July 28, 2020, the company announced cutting of over 8,000 jobs in its commercial aviation division due to travel slowdown induced by the global COVID-19 pandemic. In December 2020, the Board of Directors authorized a $5 billion repurchase of common stock.
In 2022, during the Russian invasion of Ukraine, major arms manufacturers, including Raytheon Technologies, reported a sharp increase in interim sales and profits. On June 7, 2022, the company announced plans to move its global headquarters to Arlington, Virginia. The move was completed in July.
In January 2023, Raytheon Technologies announced it would combine its missiles and defense division and intelligence and space division into a single business unit, effective July 1. The reorganization created three divisions at Raytheon Technologies: Collins Aerospace, Pratt & Whitney, and Raytheon. The reorganization was preceded by the rebranding to RTX in June 2023.
2023-today: RTX
In July 2023, Raytheon Technologies Corporation changed its name to RTX Corporation. Also in July 2023, RTX announced that it was selling its actuation and flight control business, part of Collins Aerospace, to Safran for a consideration of $1.8 billion. However, the Italian government used its Golden Share in Microtecnica to veto the sale in the belief it would give Safran the commercial ability to sabotage Eurofighter components production. RTX legally challenged the use of the veto. The deal eventually successfully closed in July 2025. In December 2023, RTX announced that CEO Greg Hayes would step down the following May and be replaced by company president Christopher T. Calio.
Controversies and legal issues
RTX's supply of weapons to Israel led to protests against the company during the Gaza war and genocide. On December 14, 2023, for example, protestors blocked the entrance to an RTX facility in Arizona. In early 2024, 15 people were arrested after blocking access to RTX and BAE Systems facilities in Louisville, Kentucky in protest against supplying weapons to Israel. Economist Clara Mattei writes that, from October 2023 to July 2025, their stock price increased by 77 percent.
In August 2024, RTX was fined US$200 million for International Traffic in Arms Regulations violations, including exchanging data and products with prohibited countries such as China.
RTX Corporation has agreed to pay over $950 million to resolve multiple federal investigations involving bribery, government contracting violations, and export control breaches. The settlement, announced on October 16, 2024, includes penalties for bribing a Qatari official with ties to the country's royal family and defrauding the U.S. Defense Department in procurement contracts. According to the SEC's order, Raytheon used sham subcontracts with a supplier to pay bribes of nearly $2 million to Qatari military and other officials to obtain defense contracts. Additionally, for almost two decades until 2020, Raytheon paid more than $30 million to a Qatari agent related to the Qatari Emir, despite the agent lacking a background in defense contracting.
The second agreement, made with DOJ officials in Boston, involves RTX paying $574 million to settle allegations of overcharging in federal contracts. This includes schemes to defraud the U.S. Department of Defense in connection with the provision of defense products and services, such as Patriot missile systems and radar systems intended for an undisclosed foreign customer. As part of the settlement, RTX will also pay a $124 million penalty to the Securities and Exchange Commission. The company has acknowledged responsibility for the misconduct, which largely occurred prior to 2020, and has stated that it is working on remediation efforts.
Business units
After the 2020 merger, Raytheon Technologies Corporation consisted of four business units:
Pratt & Whitney: Designs and builds aircraft engines and gas turbines.
Pratt & Whitney Canada
Collins Aerospace: Designs and manufactures aerospace systems for commercial, regional, corporate and military aircraft; a major supplier for international space programs. Provides industrial products for the hydrocarbon, chemical, and food processing industries, construction and mining companies. Collins Aerospace was formed following UTC's acquisition of Rockwell Collins in 2018 and combining that business with UTC Aerospace Systems, which itself was the result of a 2012 merger of Hamilton Sundstrand and the Goodrich Corporation.
Raytheon Intelligence & Space (RIS): Formerly Raytheon Intelligence, Information and Services (IIS) and Raytheon Space and Airborne Systems (SAS)
Raytheon Missiles & Defense (RMD): Formerly Raytheon Integrated Defense Systems (IDS) and Raytheon Missile Systems (RMS)
In 2023, the company changed its name to RTX Corporation and re-organized into three business units:
Pratt & Whitney
Pratt & Whitney Canada
Collins Aerospace: Includes multi-domain command-and-control and air traffic management product lines that were formerly Raytheon Intelligence & Space (RIS) and Raytheon Missiles & Defense (RMD)
Raytheon: Includes government-facing businesses from RIS and RMD, as well as the ISR (Intelligence, surveillance and reconnaissance) business from Collins Aerospace
== Footnotes ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | RTX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 32.35Y avg ≈34.0 | ≈34.0 | 33.4 | Fair value |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | RTX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Operating Margin (TTM) | 11.2%5Y avg ≈7.9% | ≈7.9% | 11.1% | In line | |
| EBITDA Margin (TTM) | 15.9%5Y avg ≈13.8% | ≈13.8% | 12.9% | Top tier | |
| Pretax Margin (TTM) | 10.7%5Y avg ≈7.9% | ≈7.9% | 11.0% | In line | |
| Net Profit Margin (TTM) | 8.3%5Y avg ≈6.4% | ≈6.4% | 9.6% | Weak | |
| ROA (TTM) | 4.5%5Y avg ≈2.9% | ≈2.9% | 7.2% | Weak | |
| ROE (TTM) | 12.0%5Y avg ≈7.2% | ≈7.2% | 21.8% | Weak | |
| ROIC | 11.5%5Y avg ≈7.5% | ≈7.5% | 11.5% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | RTX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.05Y avg ≈0.0 | ≈0.0 | 0.3 | Low debt | |
| Current Ratio (MRQ) | 1.05Y avg ≈1.1 | ≈1.1 | 1.2 | Low liquidity | |
| Quick Ratio (MRQ) | 0.45Y avg ≈0.4 | ≈0.4 | 0.4 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | RTX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 9.7%5Y avg ≈9.5% | ≈9.5% | · | · | |
| Revenue CAGR 3Y | 9.7%5Y avg ≈8.1% | ≈8.1% | · | · | |
| Revenue CAGR 5Y | 9.4% | · | · | · | |
| EPS YoY | 39.7%5Y avg ≈24.8% | ≈24.8% | · | · | |
| Net Income YoY | 41.0%5Y avg ≈21.6% | ≈21.6% | · | · | |
| EPS CAGR 3Y | 12.3% | · | · | · | |
| Net Income CAGR 3Y | 9.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | RTX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.55Y avg ≈0.5 | ≈0.5 | 0.5 | In line | |
| Receivables Turnover | 6.95Y avg ≈7.0 | ≈7.0 | 17.2 | Weak | |
| Revenue / Employee | ≈$492.2K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 14, 2026 | $0.73 | USD | ≈1.3% |
| May 22, 2026 | $0.73 | USD | ≈1.6% |
| Feb 20, 2026 | $0.68 | USD | ≈1.3% |
| Nov 21, 2025 | $0.68 | USD | ≈1.6% |
| Aug 15, 2025 | $0.68 | USD | ≈1.7% |
| May 23, 2025 | $0.68 | USD | ≈1.9% |
| Feb 21, 2025 | $0.63 | USD | ≈2.0% |
| Nov 15, 2024 | $0.63 | USD | ≈2.1% |
| Aug 16, 2024 | $0.63 | USD | ≈2.1% |
| May 16, 2024 | $0.63 | USD | ≈2.3% |
| Feb 22, 2024 | $0.59 | USD | ≈2.6% |
| Nov 16, 2023 | $0.59 | USD | ≈2.9% |
| Aug 17, 2023 | $0.59 | USD | ≈2.7% |
| May 18, 2023 | $0.59 | USD | ≈2.3% |
| Feb 23, 2023 | $0.55 | USD | ≈2.2% |
| Nov 17, 2022 | $0.55 | USD | ≈2.3% |
| Aug 18, 2022 | $0.55 | USD | ≈2.2% |
| May 19, 2022 | $0.55 | USD | ≈2.3% |
| Feb 24, 2022 | $0.51 | USD | ≈2.2% |
| Nov 18, 2021 | $0.51 | USD | ≈2.3% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 20, 2026 | $1.89 | $1.68 | 12.6% |
| March 31, 2026 | $1.78 | $1.53 | 16.1% | |
| Dec. 31, 2025 | $1.55 | $1.48 | 4.6% | |
| Sept. 30, 2025 | $1.70 | $1.42 | 19.5% | |
| June 30, 2025 | $1.56 | $1.46 | 7.0% | |
| March 31, 2025 | $1.47 | $1.37 | 7.4% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88.60B | $80.74B | $68.92B | $67.07B | $64.39B | $56.59B | $45.35B | $34.70B | $59.84B | $57.24B | $56.10B | $57.90B | |
| Cost of Revenue | · | · | · | · | · | · | · | · | $31.03B | $30.32B | $29.77B | $30.37B | |
| R&D Expense | $2.81B | $2.93B | $2.81B | $2.71B | $2.73B | $2.58B | $2.45B | $1.88B | $2.43B | $2.38B | $2.28B | $2.48B | |
| SG&A Expense | $6.09B | $5.81B | $5.81B | $5.57B | $5.05B | $5.54B | $3.71B | $2.86B | $6.43B | $5.96B | $5.89B | $6.17B | |
| Operating Expenses | $79.72B | $74.07B | $65.44B | $61.69B | $59.67B | $56.18B | $40.76B | $32.21B | $53.06B | $49.80B | $48.60B | $49.55B | |
| Operating Income | $9.30B | $6.54B | $3.56B | $5.50B | $5.14B | $-1.89B | $4.91B | $2.88B | $8.14B | $8.22B | $7.29B | $9.59B | |
| Interest Expense | · | $1.86B | $1.50B | $1.28B | $1.32B | $1.37B | $1.59B | $1.03B | $909M | $1.04B | $824M | $881M | |
| Other Non-op | $-567M | $-344M | $275M | $-613M | $27M | $464M | $762M | $373M | · | · | · | · | |
| Pretax Income | $8.73B | $6.19B | $3.84B | $6.12B | $5.11B | $-2.35B | $4.15B | $2.50B | $7.76B | $7.13B | $6.47B | $8.71B | |
| Income Tax | $1.66B | $1.18B | $456M | $790M | $964M | $575M | $421M | $1.10B | $2.84B | $1.70B | $2.11B | $2.24B | |
| Net Income | $6.73B | $4.77B | $3.19B | $5.20B | $3.86B | $-3.52B | $5.54B | $5.27B | $4.55B | $5.05B | $7.61B | $6.22B | |
| EPS (Basic) | $5.02 | $3.58 | $2.24 | $3.52 | $2.57 | $-2.59 | $6.48 | $6.58 | $5.76 | $6.18 | $8.72 | $6.92 | |
| EPS (Diluted) | $4.96 | $3.55 | $2.23 | $3.50 | $2.56 | $-2.59 | $6.41 | $6.50 | $5.70 | $6.12 | $8.61 | $6.82 | |
| Shares (Basic) | 1,341,400,000 | 1,332,100,000 | 1,426,000,000 | 1,475,500,000 | 1,501,600,000 | 1,357,800,000 | 854,800,000 | 800,400,000 | 790,000,000 | 818,200,000 | 872,700,000 | 898,300,000 | |
| Shares (Diluted) | 1,356,400,000 | 1,343,600,000 | 1,435,400,000 | 1,485,900,000 | 1,508,500,000 | 1,357,800,000 | 863,900,000 | 810,100,000 | 799,100,000 | 826,100,000 | 883,200,000 | 911,600,000 | |
| EBITDA | $13.68B | $10.90B | $7.77B | $9.52B | $9.52B | $2.27B | $12.75B | · | $10.81B | $10.13B | $9.15B | $11.68B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $7.43B | $5.58B | $6.59B | $6.22B | $7.83B | $8.80B | $4.94B | $3.69B | $8.98B | $7.16B | $7.08B | $5.23B | |
| Short-term Investments | $750M | $786M | $745M | $774M | $965M | $881M | $0 | · | · | · | · | · | |
| Receivables | $14.70B | $10.98B | $10.84B | $9.11B | $9.66B | $9.25B | $8.74B | $14.27B | $12.60B | $11.48B | $10.65B | $10.45B | |
| Inventory | $13.36B | $12.77B | $11.78B | $10.62B | $9.18B | $9.41B | $9.05B | $10.08B | $9.88B | $8.70B | $8.13B | $7.64B | |
| Other Current Assets | $7.74B | $7.24B | $7.08B | $4.96B | $4.02B | $5.98B | $2.56B | $1.51B | $1.40B | $1.21B | $843M | $1.37B | |
| Current Assets | $60.33B | $51.13B | $48.42B | $42.44B | $42.05B | $43.38B | $61.58B | $35.50B | $32.86B | $28.55B | $26.71B | $31.48B | |
| PP&E (Net) | $16.87B | $16.09B | $15.75B | $15.17B | $14.97B | $14.96B | $10.32B | $12.30B | $10.19B | $9.16B | $8.73B | $8.59B | |
| PP&E (Gross) | $35.34B | $32.78B | $31.39B | $29.12B | $27.64B | $26.35B | $20.08B | $24.08B | $21.36B | $19.47B | $18.49B | $18.07B | |
| Accum. Depreciation | $18.47B | $16.69B | $15.64B | $13.95B | $12.66B | $11.38B | $9.76B | $11.79B | $11.18B | $10.31B | $9.76B | $9.48B | |
| Goodwill | $53.34B | $52.79B | $53.70B | $53.84B | $54.44B | $54.28B | $36.61B | $48.11B | $27.91B | $27.06B | $27.30B | $27.45B | |
| Intangibles | $31.84B | $33.44B | $35.40B | $36.82B | $38.52B | $40.54B | $24.47B | $26.42B | $15.88B | $15.68B | $15.60B | $15.53B | |
| Other Non-current Assets | $4.67B | $5.30B | $4.58B | $6.16B | $6.62B | $3.97B | $1.92B | $7.21B | $5.99B | $6.05B | $6.16B | $5.71B | |
| Total Assets | $171.08B | $162.86B | $161.87B | $158.86B | $161.40B | $162.15B | $139.62B | $134.21B | $96.92B | $89.71B | $87.48B | $91.21B | |
| Accounts Payable | $15.89B | $12.90B | $10.70B | $9.90B | $8.75B | $8.64B | $7.82B | $11.08B | $9.58B | $7.48B | $6.88B | $6.25B | |
| Accrued Liabilities | · | · | $14.92B | $11.00B | $10.16B | $10.52B | $8.42B | $10.22B | $12.32B | $12.22B | $14.64B | $12.53B | |
| Short-term Debt | $204M | $183M | $189M | $625M | $134M | $247M | $2.29B | $1.47B | $392M | $601M | $926M | $126M | |
| Current Liabilities | $58.78B | $51.50B | $46.76B | $39.11B | $35.45B | $35.85B | $46.59B | $31.37B | $24.39B | $21.91B | $22.62B | $23.48B | |
| Capital Leases | $1.60B | $1.63B | $1.41B | $1.59B | $1.66B | $1.52B | $1.09B | $0 | · | · | · | · | |
| Other Non-current Liabilities | $7.20B | $6.94B | $7.51B | $8.45B | $10.42B | $9.54B | $7.41B | $11.85B | $12.95B | $11.03B | $10.56B | $10.56B | |
| Total Liabilities | $103.94B | $100.90B | $100.42B | $84.65B | $86.70B | $88.27B | $95.29B | $93.49B | $65.37B | $60.24B | $58.52B | $58.50B | |
| Long-term Debt | · | $41.08B | $43.64B | $31.29B | $31.35B | $31.58B | $40.96B | $44.07B | $27.09B | $23.30B | $19.50B | $19.57B | |
| Total Debt | $204M | $183M | $189M | $625M | $134M | $247M | $2.36B | · | $392M | $601M | $926M | $126M | |
| Retained Earnings | $56.72B | $53.59B | $52.15B | $52.27B | $50.27B | $49.42B | $61.59B | $57.82B | $55.24B | $52.87B | $49.96B | $44.61B | |
| Treasury Stock | $26.88B | $27.11B | $26.98B | $15.53B | $12.73B | $10.41B | $32.63B | $32.48B | $35.60B | $34.15B | $30.91B | $21.92B | |
| AOCI | $-2.72B | $-3.75B | $-2.42B | $-2.02B | $-1.92B | $-3.73B | $-10.15B | $-9.33B | $-7.53B | $-8.33B | $-7.62B | $-6.66B | |
| Stockholders' Equity | $65.25B | $60.16B | $59.80B | $72.63B | $73.07B | $72.16B | $41.77B | $38.45B | $29.61B | $27.58B | $27.36B | $31.21B | |
| Liabilities + Equity | $171.08B | $162.86B | $161.87B | $158.86B | $161.40B | $162.15B | $139.62B | $134.21B | $96.92B | $89.71B | $87.48B | $91.21B |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $4.38B | $4.36B | $4.21B | $4.11B | $4.56B | $4.16B | $2.71B | $1.90B | $2.14B | $1.96B | $1.86B | $1.82B | |
| Stock-based Comp | $519M | $437M | $425M | $420M | $442M | $330M | $268M | $169M | $192M | $152M | $158M | $219M | |
| Deferred Tax | $789M | $-47M | $-402M | $-1.66B | $-88M | $-99M | $38M | $763M | $62M | $398M | $662M | $403M | |
| Amort. of Intangibles | $2.10B | $2.20B | $2.10B | $2.00B | $2.44B | $2.12B | $1.24B | $736M | $834M | $778M | $722M | $713M | |
| Restructuring | · | · | · | · | $143M | $777M | $425M | $307M | $253M | $290M | $396M | · | |
| Other Non-cash | $-1.85B | $-2.37B | $454M | $-894M | $-1.63B | $3.47B | $-828M | · | $-1.31B | $-1.16B | $-3.59B | $-1.41B | |
| Operating Cash Flow | $10.57B | $7.16B | $7.88B | $7.17B | $7.14B | $4.33B | $5.82B | $2.67B | $5.63B | $6.41B | $6.75B | $6.98B | |
| CapEx | $2.63B | $2.62B | $2.42B | $2.29B | $2.13B | $1.79B | $1.87B | $1.47B | $2.01B | $1.70B | $1.65B | $1.59B | |
| Investing Cash Flow | $-1.26B | $-1.53B | $-3.04B | $-2.83B | · | $3.34B | $-2.68B | $-17.26B | $-3.02B | $-2.51B | $-2.79B | $-1.97B | |
| Debt Issued | $0 | $0 | $12.91B | $1M | $4.06B | $2.00B | $-19M | $13.34B | $4.95B | $6.47B | $1.74B | $98M | |
| Net Debt Issued | $-3.43B | $-2.50B | $12.34B | $-2M | $-192M | $-14.08B | $-2.74B | · | $3.35B | $4.02B | $-20M | $-206M | |
| Stock Issued | · | · | · | · | · | · | · | · | $0 | $0 | $1.10B | $0 | |
| Stock Repurchased | $50M | $444M | $12.87B | $2.80B | $2.33B | $47M | $151M | $325M | $1.45B | $2.25B | $10.00B | $1.50B | |
| Net Stock Activity | $-50M | $-444M | $-12.87B | $-2.80B | $-2.33B | $-47M | $-151M | · | $-1.45B | $-2.25B | $-8.90B | $-1.50B | |
| Dividends Paid | $3.57B | $3.22B | $3.24B | $3.13B | $2.96B | $2.73B | $2.44B | $2.17B | $2.07B | $2.07B | $2.18B | $2.05B | |
| Financing Cash Flow | $-7.49B | $-6.62B | $-4.53B | $-5.86B | · | $-3.86B | $-1.91B | $12.21B | $-993M | $-1.19B | $-10.78B | $-4.25B | |
| Net Change in Cash | $1.86B | $-1.02B | $335M | $-1.56B | $-979M | $1.41B | $1.21B | $-2.81B | · | · | · | $616M | |
| Taxes Paid | $1.61B | $1.18B | $1.53B | $2.40B | $1.12B | $1.72B | $1.77B | $1.71B | $1.33B | $4.10B | $2.06B | $2.02B | |
| Free Cash Flow | $7.94B | $4.53B | $5.47B | $4.88B | $5.01B | $2.54B | $6.63B | · | $3.62B | $4.71B | $5.05B | $5.62B | |
| Levered FCF | · | $3.03B | $4.14B | $3.75B | $3.90B | $839M | $5.46B | · | $3.04B | $3.92B | · | · |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 10.5% | 8.1% | 5.2% | 8.1% | 7.7% | -3.3% | 11.6% | · | 14.5% | 14.3% | 13.0% | 15.0% | |
| Net Margin | 7.6% | 5.9% | 4.6% | 7.8% | 6.0% | -6.2% | 7.2% | · | 7.6% | 8.8% | 13.6% | 9.6% | |
| Pretax Margin | 9.9% | 7.7% | 5.6% | 9.0% | 7.7% | -4.2% | 10.7% | · | 13.0% | 12.5% | 11.5% | 13.7% | |
| EBITDA Margin | 15.4% | 13.5% | 11.3% | 14.2% | 14.8% | 4.0% | 16.6% | · | 18.1% | 17.7% | 16.3% | 17.9% | |
| ROA | 4.0% | 2.9% | 2.0% | 3.2% | 2.4% | -2.3% | 4.0% | · | 4.9% | 5.7% | 8.5% | 6.8% | |
| ROE | 10.7% | 8.0% | 4.8% | 7.1% | 5.3% | -6.2% | 13.8% | · | 15.3% | 17.8% | 26.3% | 19.1% | |
| ROIC | 11.5% | 8.8% | 5.2% | 6.5% | 5.7% | -3.2% | 14.7% | · | 18.3% | 22.1% | 17.4% | 23.2% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 | 1.2 | 1.1 | · | 1.3 | 1.3 | 1.2 | 1.3 | |
| Quick Ratio | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.6 | · | 0.9 | 0.9 | 0.8 | 0.7 | |
| Debt / Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | · | 0.0 | 0.0 | 0.0 | 0.0 | |
| Interest Coverage | · | 3.5 | 2.4 | 4.2 | 3.8 | -1.4 | 5.6 | · | 9.5 | 7.9 | · | · |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.6 | · | 0.6 | 0.6 | 0.6 | 0.7 | |
| Inventory Turnover | · | · | · | · | · | · | · | · | 3.3 | 3.6 | 3.8 | 3.6 | |
| Receivables Turnover | 6.9 | 7.4 | 6.9 | 7.1 | 6.8 | 6.3 | 5.5 | · | 5.0 | 5.2 | 5.3 | 5.7 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $65.32 | $60.09 | $48.01 | $45.14 | $42.68 | $41.68 | $89.18 | · | $74.88 | $69.29 | $63.52 | $71.41 | |
| Cash Flow / Share | $7.79 | $5.33 | $5.49 | $4.82 | $4.73 | $3.19 | $10.28 | · | $7.05 | $7.76 | $7.58 | $8.05 | |
| Dividend / Share | $2.67 | $2.48 | $2.32 | $2.16 | $2.00 | $2.16 | $2.94 | $2.84 | $2.72 | $2.62 | $2.56 | $2.36 | |
| EPS (TTM) | $4.96 | $3.55 | $2.23 | $3.50 | $2.56 | $-2.59 | $6.41 | $6.50 | $5.70 | $6.12 | $8.61 | $6.82 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 9.7% | 17.2% | 2.8% | 4.2% | 13.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 9.7% | 7.8% | 6.8% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.4% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 39.7% | 59.2% | -36.3% | 36.7% | · | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 12.3% | 11.5% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 41.0% | 49.4% | -38.5% | 34.5% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 9.0% | 7.3% | · | · | · | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 5.5% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $88.60B | $80.74B | $68.92B | $67.07B | $64.39B | $56.59B | $45.35B | $34.70B | $59.84B | $57.24B | $56.10B | $57.90B | |
| Net Income TTM | $6.73B | $4.77B | $3.19B | $5.20B | $3.86B | $-3.52B | $5.54B | $5.27B | $4.55B | $5.05B | $7.61B | $6.22B | |
| P/E | 37.0 | 32.6 | 37.7 | 28.8 | 33.6 | -27.6 | 14.7 | 10.3 | 14.1 | 11.3 | 7.0 | 10.6 | |
| Earnings Yield | 2.7% | 3.1% | 2.6% | 3.5% | 3.0% | -3.6% | 6.8% | 9.7% | 7.1% | 8.9% | 14.2% | 9.4% | |
| Payout Ratio | 53.1% | 67.4% | 101.4% | 60.2% | 76.5% | -77.6% | 44.1% | · | 45.6% | 40.9% | 28.7% | 32.9% | |
| Annual Payout | $3.57B | $3.22B | $3.24B | $3.13B | $2.96B | $2.73B | $2.44B | $2.17B | $2.07B | $2.07B | $2.18B | $2.05B |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $24.71B | $22.08B | $24.24B | $22.48B | $21.58B | $20.31B | $21.62B | $20.09B | $19.72B | $19.30B | $19.93B | $13.46B | $18.32B | $17.21B | $18.09B | $16.95B | |
| R&D Expense | $726M | $627M | $789M | $684M | $697M | $637M | $808M | $751M | $706M | $669M | $757M | $712M | $729M | $607M | $716M | $662M | |
| SG&A Expense | $1.66B | $1.48B | $1.64B | $1.44B | $1.57B | $1.45B | $1.57B | $1.39B | $1.45B | $1.39B | $1.45B | $1.40B | $1.60B | $1.36B | $1.33B | $1.35B | |
| Operating Expenses | $21.96B | $19.59B | $21.95B | $20.02B | $19.48B | $18.27B | $19.77B | $18.20B | $18.30B | $17.81B | $18.12B | $14.86B | $16.85B | $15.62B | $16.57B | $15.48B | |
| Operating Income | $2.81B | $2.56B | $2.60B | $2.52B | $2.15B | $2.04B | $2.11B | $2.03B | $529M | $1.87B | $1.78B | $-1.40B | $1.49B | $1.69B | $1.55B | $1.52B | |
| Interest Expense | · | · | · | · | · | · | · | $496M | $475M | $405M | · | $369M | $333M | $315M | $318M | $311M | |
| Other Non-op | $-69M | $-35M | $-299M | $-85M | $-106M | $-77M | $-102M | $-122M | $-101M | $-19M | $592M | $-74M | $-114M | $-129M | $-149M | $-157M | |
| Pretax Income | $2.74B | $2.52B | $2.30B | $2.44B | $2.04B | $1.96B | $2.01B | $1.91B | $428M | $1.85B | $1.74B | $-1.32B | $1.61B | $1.82B | $1.70B | $1.68B | |
| Income Tax | $493M | $363M | $584M | $432M | $315M | $333M | $449M | $371M | $253M | $108M | $262M | $-389M | $248M | $335M | $232M | $282M | |
| Net Income | $2.14B | $2.06B | $1.62B | $1.92B | $1.66B | $1.53B | $1.48B | $1.47B | $111M | $1.71B | $1.43B | $-984M | $1.33B | $1.43B | $1.42B | $1.39B | |
| EPS (Basic) | $1.58 | $1.53 | $1.20 | $1.43 | $1.24 | $1.15 | $1.11 | $1.10 | $0.08 | $1.29 | $1.03 | $-0.68 | $0.91 | $0.98 | $0.97 | $0.94 | |
| EPS (Diluted) | $1.57 | $1.51 | $1.19 | $1.41 | $1.22 | $1.14 | $1.10 | $1.09 | $0.08 | $1.28 | $1.04 | $-0.68 | $0.90 | $0.97 | $0.96 | $0.94 | |
| Shares (Basic) | 1,350,700,000 | 1,348,000,000 | · | 1,343,100,000 | 1,340,600,000 | 1,337,100,000 | · | 1,333,200,000 | 1,331,800,000 | 1,329,400,000 | · | 1,448,100,000 | 1,457,500,000 | 1,462,200,000 | · | 1,470,100,000 | |
| Shares (Diluted) | 1,365,000,000 | 1,364,600,000 | · | 1,358,400,000 | 1,354,000,000 | 1,351,800,000 | · | 1,346,200,000 | 1,342,100,000 | 1,337,300,000 | · | 1,448,100,000 | 1,468,700,000 | 1,474,200,000 | · | 1,479,300,000 | |
| EBITDA | $3.89B | $3.63B | · | $3.61B | $3.22B | $3.09B | · | · | $529M | $2.93B | · | $-1.40B | $1.46B | $2.69B | · | $1.48B |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $8.30B | $6.82B | $7.43B | $5.97B | $4.78B | $5.16B | $5.58B | $6.68B | $6.01B | $5.61B | $6.59B | $5.46B | $5.39B | $5.89B | $6.22B | $5.38B | |
| Short-term Investments | $711M | $694M | $750M | $713M | $679M | $682M | $786M | $746M | $714M | $705M | · | $737M | $719M | $703M | · | $740M | |
| Receivables | $13.94B | $12.95B | $14.70B | $12.84B | $12.38B | $11.43B | $10.98B | $10.10B | $10.25B | $10.28B | · | $10.06B | $9.90B | $10.07B | · | $9.23B | |
| Inventory | $14.41B | $14.15B | $13.36B | $13.81B | $14.01B | $13.62B | $12.77B | $13.46B | $13.05B | $12.39B | · | $12.05B | $12.00B | $11.33B | · | $10.44B | |
| Other Current Assets | $8.28B | $8.02B | $7.74B | $7.91B | $7.79B | $7.47B | $7.24B | $6.84B | $6.33B | $6.65B | · | $6.26B | $5.65B | $5.49B | · | $4.47B | |
| Current Assets | $63.91B | $60.01B | $60.33B | $57.12B | $54.66B | $52.92B | $51.13B | $51.76B | $49.23B | $48.02B | · | $46.52B | $45.91B | $45.50B | · | $41.82B | |
| PP&E (Net) | $16.96B | $16.84B | $16.87B | $16.32B | $16.20B | $16.14B | $16.09B | $15.89B | $15.69B | $15.64B | · | $15.35B | $15.29B | $15.15B | · | $14.67B | |
| PP&E (Gross) | $36.11B | $35.68B | $35.34B | $34.37B | $33.95B | $33.35B | $32.78B | $32.71B | $32.06B | $31.62B | · | $30.55B | $30.18B | $29.54B | · | $28.20B | |
| Accum. Depreciation | $19.14B | $18.84B | $18.47B | $18.05B | $17.74B | $17.21B | $16.69B | $16.82B | $16.37B | $15.98B | · | $15.21B | $14.88B | $14.39B | · | $13.53B | |
| Goodwill | $52.93B | $53.28B | $53.34B | $53.31B | $53.33B | $53.05B | $52.79B | $53.76B | $53.35B | $53.64B | · | $53.88B | $54.12B | $53.90B | · | $53.17B | |
| Intangibles | $31.04B | $31.48B | $31.84B | $32.26B | $32.75B | $33.12B | $33.44B | $34.16B | $34.50B | $34.96B | · | $35.87B | $36.23B | $36.48B | · | $37.05B | |
| Other Non-current Assets | $5.50B | $5.01B | $4.67B | $5.69B | $6.23B | $5.62B | $5.30B | $5.10B | $4.42B | $3.92B | · | $6.62B | $6.33B | $6.21B | · | $7.10B | |
| Total Assets | $173.97B | $170.43B | $171.08B | $168.67B | $167.14B | $164.86B | $162.86B | $164.82B | $161.17B | $160.19B | · | $162.44B | $162.16B | $161.64B | · | $158.22B | |
| Accounts Payable | $17.00B | $15.98B | $15.89B | $14.55B | $13.43B | $13.44B | $12.90B | $11.83B | $10.94B | $10.52B | · | $10.31B | $10.13B | $10.06B | · | $9.02B | |
| Accrued Liabilities | · | · | · | · | · | · | · | · | · | · | · | · | · | $11.57B | · | $11.21B | |
| Short-term Debt | $229M | $226M | $204M | $215M | $1.64B | $212M | $183M | $220M | $231M | $166M | · | $1.17B | $1.08B | $224M | · | $2.19B | |
| Current Liabilities | $63.24B | $58.58B | $58.78B | $53.23B | $54.33B | $52.62B | $51.50B | $52.25B | $49.56B | $45.02B | · | $45.00B | $41.76B | $40.13B | · | $38.37B | |
| Capital Leases | $1.47B | $1.52B | $1.60B | $1.65B | $1.62B | $1.65B | $1.63B | $1.59B | $1.42B | $1.41B | · | $1.52B | $1.57B | $1.62B | · | $1.54B | |
| Other Non-current Liabilities | $7.30B | $7.31B | $7.20B | $7.15B | $6.65B | $6.95B | $6.94B | $7.07B | $6.94B | $6.97B | · | $7.51B | $7.44B | $8.11B | · | $8.12B | |
| Total Liabilities | $105.83B | $102.40B | $103.94B | $102.28B | $102.89B | $101.52B | $100.90B | $101.96B | $100.49B | $98.05B | · | $91.20B | $88.07B | $87.25B | · | $86.46B | |
| Total Debt | $229M | $226M | · | $215M | $1.64B | $212M | · | · | $231M | $166M | · | $1.17B | $1.08B | $224M | · | $2.19B | |
| Retained Earnings | $58.02B | $57.86B | $56.72B | $56.01B | $54.10B | $54.28B | $53.59B | $52.95B | $51.49B | $53.05B | · | $51.51B | $52.49B | $52.89B | · | $51.65B | |
| Treasury Stock | $26.76B | $26.81B | $26.88B | $26.94B | $27.00B | $27.07B | $27.11B | $27.14B | $27.08B | $27.03B | · | $18.17B | $16.71B | $16.11B | · | $15.14B | |
| AOCI | $-3.31B | $-2.94B | $-2.72B | $-2.43B | $-2.39B | $-3.21B | $-3.75B | $-1.97B | $-2.72B | $-2.63B | · | $-2.12B | $-1.50B | $-1.99B | $-2.02B | $-4.12B | |
| Stockholders' Equity | $66.38B | $66.28B | $65.25B | $64.51B | $62.40B | $61.52B | $60.16B | $61.11B | $58.98B | $60.48B | · | $69.60B | $72.48B | $72.80B | · | $70.19B | |
| Liabilities + Equity | $173.97B | $170.43B | $171.08B | $168.67B | $167.14B | $164.86B | $162.86B | $164.82B | $161.17B | $160.19B | · | $162.44B | $162.16B | $161.64B | · | $158.22B |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $1.08B | $1.07B | $1.16B | $1.09B | $1.08B | $1.05B | $1.14B | $1.09B | $1.07B | $1.06B | $1.06B | $1.07B | $1.04B | $1.03B | $1.05B | $1.05B | |
| Stock-based Comp | $164M | $132M | $182M | $113M | $113M | $111M | $109M | $105M | $111M | $112M | $106M | $107M | $112M | $100M | $102M | $106M | |
| Deferred Tax | $-56M | $26M | $191M | $477M | $54M | $67M | $72M | $-138M | $299M | $-114M | $326M | $-28M | $-371M | $-329M | $18M | $-534M | |
| Amort. of Intangibles | $494M | $494M | $571M | $520M | $508M | $501M | $580M | $560M | $534M | $526M | $536M | $545M | $510M | $509M | $549M | $497M | |
| Other Non-cash | · | $-1.43B | · | · | · | $-1.46B | · | · | · | $-2.42B | · | · | · | $-3.09B | · | · | |
| Operating Cash Flow | $3.55B | $1.85B | $4.17B | $4.64B | $458M | $1.30B | $1.56B | $2.52B | $2.73B | $342M | $4.71B | $3.32B | $719M | $-863M | $4.63B | $778M | |
| CapEx | $669M | $546M | $970M | $614M | $530M | $513M | $1.07B | $552M | $537M | $467M | $805M | $564M | $526M | $520M | $855M | $515M | |
| Investing Cash Flow | $-944M | $-608M | $-549M | $471M | $-509M | $-678M | $-779M | $-715M | $-733M | $693M | $-978M | $-859M | $-623M | $-579M | $-938M | $-755M | |
| Debt Issued | · | · | · | · | · | · | $0 | $0 | $0 | $0 | $9.94B | $0 | $3M | $2.97B | $1M | $0 | |
| Net Debt Issued | · | $-500M | · | · | · | $-9M | · | · | · | $-950M | · | · | · | $2.97B | · | · | |
| Stock Repurchased | $0 | $0 | $0 | $0 | $0 | $50M | $50M | $294M | $44M | $56M | $10.28B | $1.43B | $596M | $562M | $408M | $616M | |
| Net Stock Activity | · | $0 | · | · | · | $-50M | · | · | · | $-56M | · | · | · | $-562M | · | · | |
| Dividends Paid | $983M | $915M | $914M | $910M | $910M | $840M | $802M | $823M | $823M | $769M | $767M | $838M | $844M | $790M | $791M | $794M | |
| Financing Cash Flow | $-1.07B | $-1.84B | $-2.15B | $-3.92B | $-353M | $-1.06B | $-1.87B | $-1.16B | $-1.58B | $-2.01B | $-2.62B | $-2.38B | $-628M | $1.10B | $-2.85B | $617M | |
| Net Change in Cash | $1.52B | $-599M | $1.47B | $1.18B | $-366M | $-413M | $-1.12B | $673M | $412M | $-980M | $1.13B | $65M | $-514M | $-345M | $856M | $603M | |
| Free Cash Flow | · | $1.31B | · | · | · | $792M | · | · | · | $-125M | · | · | · | $-1.38B | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $-506M | · | · | · | $-1.64B | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin | 11.4% | 11.6% | · | 11.2% | 9.9% | 10.0% | · | · | 2.7% | 9.7% | · | -10.4% | 8.0% | 9.6% | · | 8.7% | |
| Net Margin | 8.7% | 9.3% | · | 8.5% | 7.7% | 7.6% | · | · | 0.56% | 8.8% | · | -7.3% | 7.2% | 8.3% | · | 8.2% | |
| Pretax Margin | 11.1% | 11.4% | · | 10.8% | 9.4% | 9.6% | · | · | 2.2% | 9.6% | · | -9.8% | 8.6% | 10.3% | · | 9.7% | |
| EBITDA Margin | 15.7% | 16.4% | · | 16.1% | 14.9% | 15.2% | · | · | 2.7% | 15.2% | · | -10.4% | 8.0% | 15.6% | · | 8.7% | |
| ROA | 1.2% | 1.2% | · | 1.1% | 1.0% | 0.94% | · | · | 0.07% | 1.1% | · | -0.61% | 0.83% | 0.89% | · | 0.88% | |
| ROE | 3.3% | 3.2% | · | 3.0% | 2.7% | 2.5% | · | · | 0.17% | 2.6% | · | -1.4% | 1.9% | 2.0% | · | 2.0% | |
| ROIC | 3.5% | 3.3% | · | 3.2% | 2.8% | 2.7% | · | · | 0.37% | 2.9% | · | -1.4% | 1.7% | 1.9% | · | 1.7% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.0 | · | 1.1 | 1.0 | 1.0 | · | · | 1.0 | 1.1 | · | 1.0 | 1.1 | 1.1 | · | 1.1 | |
| Quick Ratio | 0.4 | 0.3 | · | 0.4 | 0.3 | 0.3 | · | · | 0.3 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | 0.4 | |
| Debt / Equity | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | · | 0.0 | 0.0 | · | 0.0 | 0.0 | 0.0 | · | 0.0 | |
| Interest Coverage | · | · | · | · | · | · | · | · | 1.1 | 4.6 | · | -3.8 | 4.4 | 5.2 | · | 4.8 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | · | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Receivables Turnover | 1.9 | 1.8 | · | 2.0 | 1.9 | 1.9 | · | · | 2.0 | 1.9 | · | 1.4 | 1.8 | 1.8 | · | 1.8 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Share | $18.10 | $16.18 | · | $16.55 | $15.94 | $15.02 | · | · | $14.69 | $14.44 | · | $9.30 | $12.47 | $11.68 | · | $11.46 | |
| Cash Flow / Share | · | $1.36 | · | · | · | $0.97 | · | · | · | $0.26 | · | · | · | $-0.59 | · | · | |
| Dividend / Share | $1.46 | $0.68 | $0.68 | $0.00 | $1.36 | $0.63 | $0.63 | $0.00 | $1.26 | $0.59 | $0.59 | $0.00 | $1.18 | $0.55 | $0.55 | $0.00 | |
| EPS (TTM) | $5.68 | $5.33 | · | $4.87 | $4.55 | $3.41 | · | $3.49 | $1.72 | $2.54 | · | $2.15 | $3.77 | $3.75 | · | $2.99 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $93.50B | $90.37B | · | $85.99B | $83.60B | $81.74B | · | $79.04B | $72.42B | $71.01B | · | $67.09B | $70.57B | $68.57B | · | $66.03B | |
| Net Income TTM | $7.74B | $7.26B | · | $6.59B | $6.15B | $4.60B | · | $4.72B | $2.26B | $3.48B | · | $3.19B | $5.56B | $5.54B | · | $4.46B | |
| P/E | 33.4 | 36.2 | · | 34.4 | 32.1 | 38.8 | · | 34.7 | 58.4 | 38.4 | · | 33.5 | 26.0 | 26.1 | · | 27.4 | |
| Earnings Yield | 3.0% | 2.8% | · | 2.9% | 3.1% | 2.6% | · | 2.9% | 1.7% | 2.6% | · | 3.0% | 3.9% | 3.8% | · | 3.6% | |
| Payout Ratio | · | 44.4% | · | · | · | 54.7% | · | · | · | 45.0% | · | · | · | 55.4% | · | · | |
| Annual Payout | $3.72B | $3.65B | · | $3.46B | $3.38B | $3.29B | · | $3.18B | $3.20B | $3.22B | · | $3.26B | $3.22B | $3.17B | · | $3.08B |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $88.60B | $80.74B | $68.92B | $67.07B | $64.39B |
| Operating Margin % | 10.5% | 8.1% | 5.2% | 8.1% | 7.7% |
| Net Income | $6.73B | $4.77B | $3.19B | $5.20B | $3.86B |
| Diluted EPS | $4.96 | $3.55 | $2.23 | $3.50 | $2.56 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Current Ratio | 1.0 | 1.0 | 1.0 | 1.1 | 1.2 |
| Quick Ratio | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $7.94B | $4.53B | $5.47B | $4.88B | $5.01B |
Institutional owners (13F) 3,688 filers · $228.4B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 198 (-141 vs prior Q) | 164 (+26 vs prior Q) | 1,498 (+135 vs prior Q) | 1,287 (-39 vs prior Q) | +21.4M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $22,922,463,761 | 124,986,171 | 10.03% | Shares |
| BlackRock, Inc. | $20,970,571,023 | 110,528,494 | 9.18% | Shares |
| STATE STREET CORP | $18,103,527,737 | 95,417,318 | 7.92% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $16,686,202,335 | 87,947,095 | 7.30% | Shares |
| Capital Research Global Investors | $9,931,589,851 | 52,346,255 | 4.35% | Shares |
| JPMORGAN CHASE & CO | $6,962,630,859 | 37,167,727 | 3.05% | Shares |
| Dodge & Cox | $6,662,036,733 | 35,113,249 | 2.92% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $6,284,560,731 | 33,183,061 | 2.75% | Shares |
| MORGAN STANLEY | $5,868,927,701 | 30,933,048 | 2.57% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $4,959,905,533 | 26,141,915 | 2.17% | Shares |
| BANK OF AMERICA CORP /DE/ | $4,619,147,636 | 24,345,900 | 2.02% | Shares |
| Fisher Asset Management, LLC | $4,339,553,116 | 22,872,255 | 1.90% | Shares |
| Capital International Investors | $4,191,120,402 | 22,098,385 | 1.83% | Shares |
| NORGES BANK | $3,785,546,274 | 19,952,281 | 1.66% | Shares |
| FRANKLIN RESOURCES INC | $2,326,780,158 | 12,263,638 | 1.02% | Shares |
| NORTHERN TRUST CORP | $2,283,364,881 | 12,034,812 | 1.00% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $2,243,831,039 | 11,737,526 | 0.98% | Shares |
| Invesco Ltd. | $2,130,700,914 | 11,230,174 | 0.93% | Shares |
| UBS Group AG | $2,046,642,934 | 10,787,134 | 0.90% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $2,007,251,091 | 10,579,505 | 0.88% | Shares |
| GOLDMAN SACHS GROUP INC | $1,937,271,960 | 10,210,678 | 0.85% | Shares |
| Capital World Investors | $1,879,640,121 | 9,906,921 | 0.82% | Shares |
| FMR LLC | $1,872,420,616 | 9,868,869 | 0.82% | Shares |
| Sanders Capital, LLC | $1,760,291,793 | 9,277,878 | 0.77% | Shares |
| ALLIANCEBERNSTEIN L.P. | $1,697,983,346 | 8,802,402 | 0.74% | Shares |
| WELLS FARGO & COMPANY/MN | $1,669,666,796 | 8,800,226 | 0.73% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1,597,710,263 | 8,282,583 | 0.70% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $1,495,446,342 | 7,882,549 | 0.65% | Shares |
| Amundi | $1,473,861,914 | 7,768,207 | 0.65% | Shares |
| Bank of New York Mellon Corp | $1,456,256,436 | 7,675,415 | 0.64% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $1,434,678,685 | 7,561,686 | 0.63% | Shares |
| ROYAL BANK OF CANADA | $1,390,510,000 | 7,328,894 | 0.61% | Shares |
| Legal & General Group Plc | $1,267,256,196 | 6,679,261 | 0.55% | Shares |
| Nuveen, LLC | $1,109,408,665 | 5,847,303 | 0.49% | Shares |
| Clearbridge Investments, LLC | $884,934,342 | 4,664,177 | 0.39% | Shares |
| RAYMOND JAMES FINANCIAL INC | $868,510,516 | 4,577,612 | 0.38% | Shares |
| AMERIPRISE FINANCIAL INC | $792,149,757 | 4,173,539 | 0.35% | Shares |
| DEUTSCHE BANK AG\ | $725,900,340 | 3,825,965 | 0.32% | Shares |
| Swiss National Bank | $720,249,421 | 3,796,181 | 0.32% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $716,556,326 | 3,776,716 | 0.31% | Shares |
| CIBC Private Wealth Group LLC | $698,958,190 | 4,177,124 | 0.31% | Shares |
| VAN ECK ASSOCIATES CORP | $644,340,535 | 3,396,092 | 0.28% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $639,104,206 | 3,368,501 | 0.28% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $636,932,148 | 3,357,045 | 0.28% | Shares |
| Point72 Asset Management, L.P. | $625,749,841 | 3,298,107 | 0.27% | Shares |
| Capital Wealth Planning, LLC | $596,817,490 | 3,145,615 | 0.26% | Shares |
| TWO SIGMA INVESTMENTS, LP | $589,744,779 | 3,108,337 | 0.26% | Shares |
| National Pension Service | $555,811,189 | 2,929,485 | 0.24% | Shares |
| Vanguard Global Advisers, LLC | $551,590,456 | 2,907,239 | 0.24% | Shares |
| CIBC Bancorp USA Inc. | $542,067,308 | 2,854,962 | 0.24% | Shares |
Company insiders 97 insiders · 37 officers · 12 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Geraud Darnis | Pres. & CEO, UTC Bldg. & Ind. | March 13, 2015 M | 151,191 | 0 | 0 | $0 |
| Alain Bellemare | Pres. & CEO, UTC Prop. & Aero. | Jan. 2, 2015 A | 36,531 | 0 | 0 | $0 |
| Louis Chenevert | Chairman & CEO | June 9, 2014 M | 565,675 | 0 | 0 | $0 |
| Troy D Brunk | President, Collins Aerospace | July 24, 2026 M | 8,809 | 0 | 2 | $-1,799,478 |
| Philip J Jasper | President, Raytheon | July 1, 2026 A | 24,613 | 0 | 0 | $0 |
| Michael B Maurer | President, Sikorsky Aircraft | March 13, 2015 M | 16,989 | 0 | 0 | $0 |
| Riva, Pedro Sainz De Baranda | President, Otis Elevator | Jan. 2, 2014 A | 2,518 | 0 | 0 | $0 |
| David P Hess | President, Pratt & Whitney | Feb. 20, 2013 M | 62,457 | 0 | 0 | $0 |
| Curtis C Reusser | President, Aircraft Systems | Aug. 15, 2012 A | · | 0 | 0 | $0 |
| Didier Michaud-Daniel | President, Otis Elevator | Feb. 6, 2012 F | 5,274 | 0 | 0 | $0 |
| Jeffrey P Pino | President, Sikorsky Aircraft | Feb. 6, 2012 F | 30,271 | 0 | 0 | $0 |
| Scott A. Buckhout | President, UTC Fire & Security | Dec. 5, 2011 S | 3,029 | 0 | 0 | $0 |
| Jan Van Dokkum | President, UTC Power | Dec. 31, 2008 A | 11,358 | 0 | 0 | $0 |
| Ronald F Mckenna | President, Hamilton Sundstrand | Nov. 22, 2004 M | 27,820 | 0 | 0 | $0 |
| Amy L Johnson | Senior VP and Controller | Oct. 1, 2026 M | 11,027 | 0 | 1 | $-1,577,403 |
| Kevin G Dasilva | Senior VP and Treasurer | Oct. 1, 2026 M | 20,103 | 0 | 4 | $-3,142,663 |
| Ramsaran Maharajh | EVP and General Counsel | Aug. 18, 2026 M | 13,184 | 0 | 2 | $-6,152,755 |
| Thomas I Rogan | Vice President, Treasurer | March 16, 2015 S | 44,561 | 0 | 0 | $0 |
| Haughey Nicole Parent | VP, Corp. Strategy & Dev. | Jan. 2, 2015 A | · | 0 | 0 | $0 |
| Peter F. Longo | Vice President, Controller | March 12, 2013 M | 18,861 | 0 | 0 | $0 |
| Thomas J Bowler JR | SVP, Human Resources and Org. | Dec. 5, 2012 S | 36,313 | 0 | 0 | $0 |
| William M Brown | SVP, Corporate Strategy & Deve | May 2, 2011 M | 26,869 | 0 | 0 | $0 |
| Ari Bousbib | Pres., Commercial & UTC EVP | March 25, 2010 M | 69,365 | 0 | 0 | $0 |
| Margaret Mary Smyth | Vice President, Controller | Jan. 4, 2010 A | · | 0 | 0 | $0 |
| James E Geisler | VP, Corp. Strategy & Planning | June 17, 2009 M | 23,090 | 0 | 0 | $0 |
| William L Bucknall JR | SVP, Human Resources & Org. | Dec. 7, 2007 M | 63,409 | 0 | 0 | $0 |
| William Hi Trachsel | SVP and General Counsel | Oct. 18, 2006 M | 60,824 | 0 | 0 | $0 |
| Todd Kallman | VP of Corp. Strategy & Dev. | March 8, 2006 A | 15,999 | 0 | 0 | $0 |
| Olivier J Robert | Pres., UTC Fire & Security | Jan. 3, 2006 A | 36,464 | 0 | 0 | $0 |
| UNITED TECHNOLOGIES CORP /DE/ | VP, Accounting and Control | June 9, 2005 S | 437 | 0 | 0 | $0 |
| George H Jamison III | Vice President, Communications | March 31, 2005 A | 1,000 | 0 | 0 | $0 |
| John J Doucette | Vice President & CIO | March 11, 2005 A | 1,000 | 0 | 0 | $0 |
| John F Cassidy JR | SVP, Science & Technology | Feb. 15, 2005 M | 0 | 0 | 0 | $0 |
| Tesfaye Aklilu | VP, Quality and Manufacturing | Jan. 3, 2005 A | 754 | 0 | 0 | $0 |
| Kent L Brittan | VP, Supply Management | Jan. 3, 2005 A | 0 | 0 | 0 | $0 |
| Ruth R Harkin | SVP Intl Affairs & Gov't Rltns | Aug. 20, 2004 M | 3,000 | 0 | 0 | $0 |
| BORGMAN DEAN C | Chairman, Sikorsky Aircraft | Nov. 6, 2003 C | 852 | 0 | 0 | $0 |
| Tracy A Atkinson | Director | July 27, 2026 S | 1,785 | 0 | 2 | $-1,001,373 |
| Richard B Myers | Director | April 25, 2016 A | · | 0 | 0 | $0 |
| Patrick H Swygert | Director | April 25, 2016 A | 0 | 0 | 0 | $0 |
| Andre F H Villeneuve | Director | April 25, 2016 A | 0 | 0 | 0 | $0 |
| Jamie S Gorelick | Director | Nov. 6, 2014 G | 12,835 | 0 | 0 | $0 |
| Richard D Mccormick | Director | Dec. 6, 2012 M | 50,154 | 0 | 0 | $0 |
| Charles R Lee | Director | April 13, 2011 A | 75,630 | 0 | 0 | $0 |
| Carlos M Gutierrez | Director | April 14, 2010 A | · | 0 | 0 | $0 |
| Frank P Popoff | Director | April 27, 2007 M | 54,700 | 0 | 0 | $0 |
| Harold A Wagner | Director | April 11, 2007 A | 10,034 | 0 | 0 | $0 |
| Betsy J Bernard | Director | Jan. 3, 2005 A | · | 0 | 0 | $0 |
| Ellen M Pawlikowski | · | April 30, 2026 A | 3,198 | 0 | 0 | $0 |
| Robert O Work | · | April 30, 2026 A | 4,968 | 0 | 0 | $0 |
| Leanne G Caret | · | April 30, 2026 A | · | 0 | 0 | $0 |
| Denise L Ramos | · | April 30, 2026 A | · | 0 | 0 | $0 |
| George Oliver | · | April 30, 2026 A | 16,266 | 0 | 0 | $0 |
| Fredric G Reynolds | · | April 30, 2026 A | 22,225 | 0 | 0 | $0 |
| Bernard A Harris Jr | · | April 30, 2026 A | · | 0 | 0 | $0 |
| Brian C Rogers | · | April 30, 2026 A | 5,000 | 0 | 0 | $0 |
| Dantaya M Williams | · | Feb. 23, 2026 S | 16,749 | 0 | 1 | $-2,578,578 |
| Christopher T. Calio | · | Feb. 19, 2026 M | 90,268 | 0 | 4 | $-13,813,456 |
| Neil G. Mitchill JR | · | Feb. 19, 2026 M | 59,556 | 0 | 4 | $-8,223,571 |
| Shane G Eddy | · | Feb. 11, 2026 A | 0 | 0 | 1 | $-3,490,677 |
| James A Winnefeld Jr | · | May 1, 2025 A | 8,000 | 0 | 0 | $0 |
| Gregory Hayes | · | Feb. 19, 2025 S | 0 | 0 | 0 | $0 |
| Stephen J. Timm | · | May 10, 2024 M | 55,938 | 0 | 0 | $0 |
| Robert Kelly Ortberg | · | May 2, 2024 A | 129,120 | 0 | 0 | $0 |
| Dinesh C Paliwal | · | May 2, 2023 A | 19,947 | 0 | 0 | $0 |
| Wesley D Kremer | · | March 27, 2023 F | 73,019 | 0 | 0 | $0 |
| Roy Azevedo | · | Jan. 29, 2023 M | 64,698 | 0 | 0 | $0 |
| Margaret L. O'Sullivan | · | April 25, 2022 A | · | 0 | 0 | $0 |
| Michael R Dumais | · | Feb. 28, 2022 M | 62,390 | 0 | 0 | $0 |
| Frank R Jimenez | · | May 21, 2021 S | 50,898 | 0 | 0 | $0 |
| LARSEN MARSHALL O | · | April 26, 2021 A | · | 0 | 0 | $0 |
| Anthony F O'Brien | · | March 22, 2021 F | 100,656 | 0 | 0 | $0 |
| Michael J Wood | · | March 22, 2021 F | 33,233 | 0 | 0 | $0 |
| Thomas A Kennedy | · | March 21, 2021 M | 441,659 | 0 | 0 | $0 |
| Lloyd J. Austin III | · | May 12, 2020 A | · | 0 | 0 | $0 |
| Elizabeth B Amato | · | March 4, 2020 S | 17,887 | 0 | 0 | $0 |
| David L. Gitlin | · | Feb. 12, 2020 M | 5,965 | 0 | 0 | $0 |
| Robert J. Bailey | · | Feb. 10, 2020 F | 2,107 | 0 | 0 | $0 |
| David R Whitehouse | · | Feb. 10, 2020 F | 10,391 | 0 | 0 | $0 |
| Charles D Gill | · | Feb. 10, 2020 F | 45,812 | 0 | 0 | $0 |
| Judith Fran Marks | · | Feb. 4, 2020 A | · | 0 | 0 | $0 |
| Akhil Johri | · | Jan. 3, 2020 M | 61,311 | 0 | 0 | $0 |
| Robert F Leduc | · | Jan. 3, 2020 M | 65,415 | 0 | 0 | $0 |
| Diane M Bryant | · | April 29, 2019 A | · | 0 | 0 | $0 |
| Ellen Jamison Kullman | · | April 29, 2019 A | 6 | 0 | 0 | $0 |
| Christopher J Kearney | · | April 29, 2019 A | · | 0 | 0 | $0 |
| Harold Mcgraw III | · | April 29, 2019 A | 3,605 | 0 | 0 | $0 |
| John V Faraci | · | April 29, 2019 A | 0 | 0 | 0 | $0 |
| Jean Pierre Garnier | · | April 29, 2019 A | 11,710 | 0 | 0 | $0 |
| Robert J Mcdonough | · | Feb. 11, 2019 F | 25,184 | 0 | 0 | $0 |
| Christine Todd Whitman | · | April 30, 2018 A | 5,350 | 0 | 0 | $0 |
| Philippe Delpech | · | July 1, 2017 M | 48,635 | 0 | 0 | $0 |
| Edward A Kangas | · | April 24, 2017 A | · | 0 | 0 | $0 |
| Paul R. Adams | · | Jan. 4, 2016 A | 4,035 | 0 | 0 | $0 |
| George David AL | · | Dec. 15, 2009 M | 1,609,056 | 0 | 0 | $0 |
| Stephen N Finger | · | Sept. 8, 2008 F | 69,031 | 0 | 0 | $0 |
| Stephen F Page | · | April 12, 2004 F | 93,886 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 158 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ITA · iShares Trust | 17.21% | 11,147,301 SH | Sept. 11, 2026 | Daily |
| DFEN · Direxion Shares ETF Trust | 11.13% | 198,669 NS | July 31, 2026 | N-PORT |
| PPA · Invesco Exchange-Traded Fund Trust | 8.92% | 3,664,760 SH | Oct. 5, 2026 | Daily |
| FOWF · Pacer Funds Trust | 8.65% | 6,359 NS | July 31, 2026 | N-PORT |
| FIDU · FIDELITY COVINGTON TRUST | 4.12% | 441,205 NS | July 31, 2026 | N-PORT |
| MADE · iShares Trust | 3.85% | 11,498 SH | Sept. 11, 2026 | Daily |
| DUSL · Direxion Shares ETF Trust | 3.79% | 9,949 NS | July 31, 2026 | N-PORT |
| PRN · Invesco Exchange-Traded Fund Trust | 3.63% | 71,202 SH | Oct. 5, 2026 | Daily |
| VIS · VANGUARD WORLD FUND | 3.42% | 1,634,463 SH | Aug. 19, 2026 | Daily |
| IYJ · iShares Trust | 3.35% | 320,427 SH | Sept. 11, 2026 | Daily |
| UFO · Procure ETF Trust II | 3.31% | 90,419 NS | July 31, 2026 | N-PORT |
| EXI · iShares Trust | 2.70% | 193,571 SH | Sept. 11, 2026 | Daily |
| WLTG · ETF Opportunities Trust | 1.94% | 6,916 NS | July 31, 2026 | N-PORT |
| BKDV · BNY Mellon ETF Trust II | 1.75% | 149,364 NS | July 31, 2026 | N-PORT |
| ALRG · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 1.73% | 674 NS | July 31, 2026 | N-PORT |
| BOBP · EXCHANGE TRADED CONCEPTS TRUST | 1.55% | 42 NS | July 31, 2026 | N-PORT |
| SRHQ · Elevation Series Trust | 1.23% | 12,118 NS | July 31, 2026 | N-PORT |
| MGV · VANGUARD WORLD FUND | 1.21% | 846,436 SH | Aug. 19, 2026 | Daily |
| PWB · Invesco Exchange-Traded Fund Trust | 1.18% | 177,154 SH | Oct. 5, 2026 | Daily |
| JOYT · J.P. Morgan Exchange-Traded Fund Tr… | 1.17% | 5,288 NS | July 31, 2026 | N-PORT |
| RPG · Invesco Exchange-Traded Fund Trust | 1.17% | 123,679 SH | Oct. 5, 2026 | Daily |
| RSPN · Invesco Exchange-Traded Fund Trust | 1.14% | 44,498 SH | Oct. 5, 2026 | Daily |
| FMAG · FIDELITY COVINGTON TRUST | 1.14% | 13,024 NS | July 31, 2026 | N-PORT |
| DFLV · Dimensional ETF Trust | 1.13% | 356,533 NS | July 31, 2026 | N-PORT |
| YOKE · EA Series Trust | 1.09% | 11,819 NS | July 31, 2026 | N-PORT |
| HELO · J.P. Morgan Exchange-Traded Fund Tr… | 1.08% | 232,394 NS | July 31, 2026 | N-PORT |
| OEI · Listed Funds Trust | 1.08% | 2,327 NS | July 31, 2026 | N-PORT |
| DYNF · BlackRock ETF Trust | 1.08% | 2,261,374 SH | Sept. 11, 2026 | Daily |
| DFUV · Dimensional ETF Trust | 1.07% | 767,916 NS | July 31, 2026 | N-PORT |
| VYM · VANGUARD WHITEHALL FUNDS | 1.06% | 5,384,634 SH | Aug. 19, 2026 | Daily |
| PWS · Pacer Funds Trust | 1.04% | 1,166 NS | July 31, 2026 | N-PORT |
| SPMO · Invesco Exchange-Traded Fund Trust … | 1.02% | 1,289,218 SH | Oct. 5, 2026 | Daily |
| BSCQ · Invesco Exchange-Traded Self-Indexe… | 1.01% | 31,987,000 | Oct. 5, 2026 | Daily |
| IWX · iShares Trust | 0.99% | 194,767 SH | Sept. 11, 2026 | Daily |
| FBUF · Fidelity Greenwood Street Trust | 0.96% | 1,069 NS | July 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | 0.96% | 12,805,063 SH | Aug. 19, 2026 | Daily |
| FDRR · FIDELITY COVINGTON TRUST | 0.95% | 32,661 NS | July 31, 2026 | N-PORT |
| EQWL · Invesco Exchange-Traded Fund Trust | 0.95% | 142,802 SH | Oct. 5, 2026 | Daily |
| DGRO · iShares Trust | 0.94% | 2,034,187 SH | Sept. 11, 2026 | Daily |
| FYEE · Fidelity Greenwood Street Trust | 0.92% | 9,328 NS | July 31, 2026 | N-PORT |
| PFM · Invesco Exchange-Traded Fund Trust | 0.91% | 38,400 SH | Oct. 5, 2026 | Daily |
| FHEQ · Fidelity Greenwood Street Trust | 0.88% | 37,853 NS | July 31, 2026 | N-PORT |
| EVUS · iShares Trust | 0.86% | 16,446 SH | Sept. 11, 2026 | Daily |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.85% | 99,349 NS | July 31, 2026 | N-PORT |
| FDMO · FIDELITY COVINGTON TRUST | 0.85% | 35,516 NS | July 31, 2026 | N-PORT |
| FDLO · FIDELITY COVINGTON TRUST | 0.84% | 55,720 NS | July 31, 2026 | N-PORT |
| JOET · Virtus ETF Trust II | 0.78% | 8,785 NS | July 31, 2026 | N-PORT |
| ILCV · iShares Trust | 0.77% | 52,126 SH | Sept. 11, 2026 | Daily |
| IVW · iShares Trust | 0.75% | 2,873,722 SH | Sept. 11, 2026 | Daily |
| VOOG · VANGUARD ADMIRAL FUNDS | 0.72% | 1,000,743 SH | Aug. 19, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.72% | 814,312 SH | Aug. 19, 2026 | Daily |
| IWD · iShares Trust | 0.72% | 2,997,455 SH | Sept. 11, 2026 | Daily |
| IUSG · iShares Trust | 0.71% | 1,186,467 SH | Sept. 11, 2026 | Daily |
| ESMV · iShares Trust | 0.70% | 276 SH | Sept. 11, 2026 | Daily |
| BSCS · Invesco Exchange-Traded Self-Indexe… | 0.69% | 24,172,000 | Oct. 5, 2026 | Daily |
| EGLE · Global X Funds | 0.67% | 68 NS | July 31, 2026 | N-PORT |
| PEVC · Pacer Funds Trust | 0.65% | 73 NS | July 31, 2026 | N-PORT |
| INFO · Harbor ETF Trust | 0.65% | 25,551 NS | July 31, 2026 | N-PORT |
| ACVF · ETF Opportunities Trust | 0.65% | 4,590 NS | July 31, 2026 | N-PORT |
| IOO · iShares Trust | 0.65% | 294,145 SH | Sept. 11, 2026 | Daily |
| IIGD · Invesco Exchange-Traded Self-Indexe… | 0.61% | 160,000 | Oct. 5, 2026 | Daily |
| ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 0.58% | 5,896 NS | July 31, 2026 | N-PORT |
| OEF · iShares Trust | 0.56% | 569,324 SH | Sept. 11, 2026 | Daily |
| PDP · Invesco Exchange-Traded Fund Trust | 0.56% | 45,349 SH | Oct. 5, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.56% | 13,597 NS | July 31, 2026 | N-PORT |
| QLV · FlexShares Trust | 0.52% | 3,948 NS | July 31, 2026 | N-PORT |
| VFMV · VANGUARD WELLINGTON FUND | 0.51% | 11,327 SH | Aug. 19, 2026 | Daily |
| ACIO · ETF Series Solutions | 0.50% | 54,769 NS | July 31, 2026 | N-PORT |
| TOPC · iShares Trust | 0.50% | 820 SH | Sept. 11, 2026 | Daily |
| ADME · ETF Series Solutions | 0.48% | 6,595 NS | July 31, 2026 | N-PORT |
| MGC · VANGUARD WORLD FUND | 0.48% | 269,072 SH | Aug. 19, 2026 | Daily |
| ESGU · iShares Trust | 0.48% | 428,840 SH | Sept. 11, 2026 | Daily |
| IWL · iShares Trust | 0.47% | 52,408 SH | Sept. 11, 2026 | Daily |
| XYLD · Global X Funds | 0.46% | 68,526 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.45% | 1,051 NS | July 31, 2026 | N-PORT |
| XTR · Global X Funds | 0.45% | 101 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.45% | 1,345 NS | July 31, 2026 | N-PORT |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.45% | 23,698 SH | Oct. 5, 2026 | Daily |
| TOV · EA Series Trust | 0.45% | 5,464 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.45% | 68,161 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.45% | 184,666 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.45% | 113,546 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.45% | 74 NS | July 31, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.45% | 236,187 SH | Oct. 5, 2026 | Daily |
| VOTE · TCW ETF Trust | 0.44% | 22,648 NS | July 31, 2026 | N-PORT |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.44% | 27,094 NS | July 31, 2026 | N-PORT |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.44% | 40,233 SH | Oct. 5, 2026 | Daily |
| VOXP · Advisors Series Trust | 0.42% | 114 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.42% | 408,195 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.41% | 5,081 NS | July 31, 2026 | N-PORT |
| PRF · Invesco Exchange-Traded Fund Trust | 0.41% | 218,696 SH | Oct. 5, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.41% | 32,425 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.41% | 16,974,020 SH | Sept. 11, 2026 | Daily |
| ILCB · iShares Trust | 0.40% | 25,997 SH | Sept. 11, 2026 | Daily |
| VOO · VANGUARD INDEX FUNDS | 0.40% | 34,982,475 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.40% | 1,572,771 SH | Aug. 19, 2026 | Daily |
| IWB · iShares Trust | 0.38% | 933,906 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.38% | 57,778 SH | Sept. 11, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.38% | 8,018 SH | Oct. 5, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.37% | 216,831 SH | Oct. 5, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.37% | 222,905 SH | Aug. 19, 2026 | Daily |
| TILT · FlexShares Trust | 0.37% | 37,574 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.37% | 371,512 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.36% | 1,753,271 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.36% | 458,000 | Oct. 5, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.36% | 9,371 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.35% | 42,756,249 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.35% | 113,554 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.35% | 36,702 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.35% | 199,439 NS | July 31, 2026 | N-PORT |
| FDVV · FIDELITY COVINGTON TRUST | 0.34% | 160,242 NS | July 31, 2026 | N-PORT |
| SPXL · Direxion Shares ETF Trust | 0.34% | 105,283 NS | July 31, 2026 | N-PORT |
| LRGF · iShares Trust | 0.33% | 60,784 SH | Sept. 11, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.32% | 49,128 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.31% | 1,062 SH | Oct. 5, 2026 | Daily |
| TOK · iShares Trust | 0.31% | 3,754 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.29% | 121,018 SH | Sept. 11, 2026 | Daily |
| VFMO · VANGUARD WELLINGTON FUND | 0.28% | 29,049 SH | Aug. 19, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.27% | 604,980 NS | July 31, 2026 | N-PORT |
| ACWI · iShares Trust | 0.26% | 428,781 SH | Sept. 11, 2026 | Daily |
| BSCR · Invesco Exchange-Traded Self-Indexe… | 0.25% | 11,427,000 | Oct. 5, 2026 | Daily |
| LGDX · Tidal Trust III | 0.25% | 1,665 NS | July 31, 2026 | N-PORT |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.24% | 7,464,000 | Oct. 5, 2026 | Daily |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.24% | 6,688,000 | Oct. 5, 2026 | Daily |
| NEAR · iShares U.S. ETF Trust | 0.22% | 11,606,000 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.22% | 1,122,259 SH | Aug. 19, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.22% | 5,887 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.21% | 54,374 SH | Oct. 5, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.21% | 5,405 NS | July 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.20% | 14,853 NS | July 31, 2026 | N-PORT |
| SIZE · iShares Trust | 0.20% | 4,318 SH | Sept. 11, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 985,320 SH | Oct. 5, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.19% | 7,239 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.18% | 17,710 SH | Sept. 11, 2026 | Daily |
| ACWV · iShares, Inc. | 0.15% | 25,895 SH | Sept. 11, 2026 | Daily |
| USMV · iShares Trust | 0.14% | 162,792 SH | Sept. 11, 2026 | Daily |
| USCL · iShares Trust | 0.13% | 17,870 SH | Sept. 11, 2026 | Daily |
| JFLI · J.P. Morgan Exchange-Traded Fund Tr… | 0.12% | 264 NS | July 31, 2026 | N-PORT |
| HDUS · Lattice Strategies Trust | 0.11% | 1,005 NS | July 31, 2026 | N-PORT |
| ROUS · Lattice Strategies Trust | 0.10% | 3,441 NS | July 31, 2026 | N-PORT |
| GLOF · iShares Trust | 0.10% | 992 SH | Sept. 11, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 1,766 SH | Oct. 5, 2026 | Daily |
| GTOS · Invesco Actively Managed Exchange-T… | 0.00% | 3,000 | Sept. 30, 2026 | Daily |
| GTO · Invesco Actively Managed Exchange-T… | 0.00% | 4,000 | Sept. 30, 2026 | Daily |
| BIV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VUSB · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCRB · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VPLS · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VSDB · VANGUARD MALVERN FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCIT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDX · VANGUARD CHARLOTTE FUNDS | · | · | July 15, 2026 | Daily |
RTX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
22 analysts · 2026-10-02Mean target $234.14 +27.7%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| RTX | · | 37.0 | 9.7% | 7.6% | 10.7% | · |
| GE | $323.05B | 37.8 | 18.5% | 19.0% | 45.8% | · |
| BA | $219.78B | 87.5 | 34.5% | 2.5% | 289.1% | 4.8% |
| LMT | $110.76B | 22.5 | 5.6% | 6.7% | 83.2% | 10.2% |
| HWM | $82.34B | 55.3 | 11.1% | 18.3% | 29.0% | · |
| GD | $91.03B | 21.8 | 10.1% | 8.0% | 17.1% | · |
| NOC | $80.97B | 19.6 | 2.2% | 10.0% | 26.4% | · |
| TDG | · | 41.1 | 11.2% | 23.5% | -26.0% | 60.1% |
| HONA | · | · | · | · | · | · |
| RKLB | $37.92B | -188.5 | 38.0% | -32.9% | -16.4% | 34.4% |
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