RTX RTX Corporation Common Stock

NYSE · Aerospace & Defense · View on SEC EDGAR ↗
$212.63
Price · Aug 21, 2026
Fundamentals as of Jul 23, 2026

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.

Read more

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 ↗

Wikidata ↗

RTX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$212.62
Market Cap
P/E (TTM)
37.0
EPS (TTM)
$4.96
Revenue (TTM)
$88.60B
Div Yield
ROE
10.7%
Debt/Equity
0.0
52W Range
$151 – $227

RTX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $88.60B
10-point trend, +54.8%
2016-12-31 2025-12-31
EPS $4.96
10-point trend, -19.0%
2016-12-31 2025-12-31
Free Cash Flow $7.94B
9-point trend, +68.5%
2016-12-31 2025-12-31
Margins 7.6%

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
RTX
Peer Median
P/E (TTM)
5-point trend, +10.0%
37.0
34.7

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
RTX
Peer Median
Operating Margin
5-point trend, +36.4%
10.5%
Net Profit Margin
5-point trend, +26.7%
7.6%
9.1%
ROA
5-point trend, +68.6%
4.0%
7.2%
ROE
5-point trend, +101.9%
10.7%
30.6%
ROIC
5-point trend, +102.1%
11.5%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
RTX
Peer Median
Debt / Equity
5-point trend, +72.2%
0.0
66.3
Current Ratio
5-point trend, -13.5%
1.0
1.2
Quick Ratio
5-point trend, -25.2%
0.4

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
RTX
Peer Median
Revenue YoY
5-point trend, +37.6%
9.7%
Revenue CAGR 3Y
5-point trend, +37.6%
9.7%
Revenue CAGR 5Y
5-point trend, +37.6%
9.4%
EPS YoY
5-point trend, +93.8%
39.7%
Net Income YoY
5-point trend, +74.2%
41.0%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
RTX
Peer Median
EPS (Diluted)
5-point trend, +93.8%
$4.96

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
RTX
Peer Median
Payout Ratio
5-point trend, -30.6%
53.1%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
53.1%
5Y Div CAGR
Ex-dateAmount
Aug. 14, 2026$0.7300
May 22, 2026$0.7300
Feb. 20, 2026$0.6800
Nov. 21, 2025$0.6800
Aug. 15, 2025$0.6800
May 23, 2025$0.6800
Feb. 21, 2025$0.6300
Nov. 15, 2024$0.6300
Aug. 16, 2024$0.6300
May 16, 2024$0.6300
Feb. 22, 2024$0.5900
Nov. 16, 2023$0.5900
Aug. 17, 2023$0.5900
May 18, 2023$0.5900
Feb. 23, 2023$0.5500
Nov. 17, 2022$0.5500
Aug. 18, 2022$0.5500
May 19, 2022$0.5500
Feb. 24, 2022$0.5100
Nov. 18, 2021$0.5100

RTX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 30 analysts
  • Strong Buy 7 23.3%
  • Buy 13 43.3%
  • Hold 9 30.0%
  • Sell 0 0.0%
  • Strong Sell 1 3.3%

12-Month Price Target

22 analysts · 2026-08-21
Median target $240.00 +12.9%
Mean target $234.82 +10.4%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.17%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.89 $1.68 0.21%
March 31, 2026 $1.78 $1.53 0.25%
Dec. 31, 2025 $1.55 $1.48 0.07%
Sept. 30, 2025 $1.70 $1.42 0.28%
June 30, 2025 $1.56 $1.46 0.10%
March 31, 2025 $1.47 $1.37 0.10%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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
LHX $56.89B 35.7 9.8% 8.2%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +53.0% $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 4-point trend, +2.2% · · · · · · · · $31.03B $30.32B $29.77B $30.37B
R&D Expense 12-point trend, +13.4% $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 12-point trend, -1.2% $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 12-point trend, +60.9% $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 12-point trend, -3.1% $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 11-point trend, +111.4% · $1.86B $1.50B $1.28B $1.32B $1.37B $1.59B $1.03B $909M $1.04B $824M $881M
Other Non-op 8-point trend, -252.0% $-567M $-344M $275M $-613M $27M $464M $762M $373M · · · ·
Pretax Income 12-point trend, +0.2% $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 12-point trend, -25.8% $1.66B $1.18B $456M $790M $964M $575M $421M $1.10B $2.84B $1.70B $2.11B $2.24B
Net Income 12-point trend, +8.2% $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) 12-point trend, -27.5% $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) 12-point trend, -27.3% $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) 12-point trend, +49.3% 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) 12-point trend, +48.8% 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 11-point trend, +17.1% $13.68B $10.90B $7.77B $9.52B $9.52B $2.27B $12.75B · $10.81B $10.13B $9.15B $11.68B
Balance Sheet 27
Annual Balance Sheet data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, +42.2% $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 7-point trend, +750000000.00 $750M $786M $745M $774M $965M $881M $0 · · · · ·
Receivables 12-point trend, +40.7% $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 12-point trend, +74.9% $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 12-point trend, +463.7% $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 12-point trend, +91.6% $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) 12-point trend, +96.3% $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) 12-point trend, +95.6% $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 12-point trend, +94.9% $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 12-point trend, +94.3% $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 12-point trend, +105.1% $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 12-point trend, -18.1% $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 12-point trend, +87.6% $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 12-point trend, +154.3% $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 10-point trend, +19.1% · · $14.92B $11.00B $10.16B $10.52B $8.42B $10.22B $12.32B $12.22B $14.64B $12.53B
Short-term Debt 12-point trend, +61.9% $204M $183M $189M $625M $134M $247M $2.29B $1.47B $392M $601M $926M $126M
Current Liabilities 12-point trend, +150.4% $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 8-point trend, +1602000000.00 $1.60B $1.63B $1.41B $1.59B $1.66B $1.52B $1.09B $0 · · · ·
Other Non-current Liabilities 12-point trend, -31.8% $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 12-point trend, +77.7% $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 11-point trend, +109.8% · $41.08B $43.64B $31.29B $31.35B $31.58B $40.96B $44.07B $27.09B $23.30B $19.50B $19.57B
Total Debt 11-point trend, +61.9% $204M $183M $189M $625M $134M $247M $2.36B · $392M $601M $926M $126M
Retained Earnings 12-point trend, +27.1% $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 12-point trend, +22.6% $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 12-point trend, +59.2% $-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 12-point trend, +109.0% $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 12-point trend, +87.6% $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 20
Annual Cash Flow data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +140.5% $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 12-point trend, +137.0% $519M $437M $425M $420M $442M $330M $268M $169M $192M $152M $158M $219M
Deferred Tax 12-point trend, +95.8% $789M $-47M $-402M $-1.66B $-88M $-99M $38M $763M $62M $398M $662M $403M
Amort. of Intangibles 12-point trend, +194.5% $2.10B $2.20B $2.10B $2.00B $2.44B $2.12B $1.24B $736M $834M $778M $722M $713M
Restructuring 7-point trend, -63.9% · · · · $143M $777M $425M $307M $253M $290M $396M ·
Other Non-cash 11-point trend, -31.6% $-1.85B $-2.37B $454M $-894M $-1.63B $3.47B $-828M · $-1.31B $-1.16B $-3.59B $-1.41B
Operating Cash Flow 12-point trend, +51.4% $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 12-point trend, +64.8% $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 11-point trend, +35.7% $-1.26B $-1.53B $-3.04B $-2.83B · $3.34B $-2.68B $-17.26B $-3.02B $-2.51B $-2.79B $-1.97B
Debt Issued 12-point trend, -100.0% $0 $0 $12.91B $1M $4.06B $2.00B $-19M $13.34B $4.95B $6.47B $1.74B $98M
Net Debt Issued 11-point trend, -1564.6% $-3.43B $-2.50B $12.34B $-2M $-192M $-14.08B $-2.74B · $3.35B $4.02B $-20M $-206M
Stock Issued 4-point trend, +0.00 · · · · · · · · $0 $0 $1.10B $0
Stock Repurchased 12-point trend, -96.7% $50M $444M $12.87B $2.80B $2.33B $47M $151M $325M $1.45B $2.25B $10.00B $1.50B
Net Stock Activity 11-point trend, +96.7% $-50M $-444M $-12.87B $-2.80B $-2.33B $-47M $-151M · $-1.45B $-2.25B $-8.90B $-1.50B
Dividends Paid 12-point trend, +74.5% $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 11-point trend, -76.2% $-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 9-point trend, +202.6% $1.86B $-1.02B $335M $-1.56B $-979M $1.41B $1.21B $-2.81B · · · $616M
Taxes Paid 12-point trend, -20.6% $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 11-point trend, +41.2% $7.94B $4.53B $5.47B $4.88B $5.01B $2.54B $6.63B · $3.62B $4.71B $5.05B $5.62B
Levered FCF 8-point trend, -22.8% · $3.03B $4.14B $3.75B $3.90B $839M $5.46B · $3.04B $3.92B · ·
Profitability 7
Annual Profitability data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Operating Margin 11-point trend, -30.0% 10.5% 8.1% 5.2% 8.1% 7.7% -3.3% 11.6% · 14.5% 14.3% 13.0% 15.0%
Net Margin 11-point trend, -20.4% 7.6% 5.9% 4.6% 7.8% 6.0% -6.2% 7.2% · 7.6% 8.8% 13.6% 9.6%
Pretax Margin 11-point trend, -27.8% 9.9% 7.7% 5.6% 9.0% 7.7% -4.2% 10.7% · 13.0% 12.5% 11.5% 13.7%
EBITDA Margin 11-point trend, -13.9% 15.4% 13.5% 11.3% 14.2% 14.8% 4.0% 16.6% · 18.1% 17.7% 16.3% 17.9%
ROA 11-point trend, -41.1% 4.0% 2.9% 2.0% 3.2% 2.4% -2.3% 4.0% · 4.9% 5.7% 8.5% 6.8%
ROE 11-point trend, -43.7% 10.7% 8.0% 4.8% 7.1% 5.3% -6.2% 13.8% · 15.3% 17.8% 26.3% 19.1%
ROIC 11-point trend, -50.5% 11.5% 8.8% 5.2% 6.5% 5.7% -3.2% 14.7% · 18.3% 22.1% 17.4% 23.2%
Liquidity & Solvency 4
Annual Liquidity & Solvency data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 11-point trend, -21.0% 1.0 1.0 1.0 1.1 1.2 1.2 1.1 · 1.3 1.3 1.2 1.3
Quick Ratio 11-point trend, -46.2% 0.4 0.3 0.4 0.4 0.5 0.5 0.6 · 0.9 0.9 0.8 0.7
Debt / Equity 11-point trend, -22.5% 0.0 0.0 0.0 0.0 0.0 0.0 0.1 · 0.0 0.0 0.0 0.0
Interest Coverage 8-point trend, -55.4% · 3.5 2.4 4.2 3.8 -1.4 5.6 · 9.5 7.9 · ·
Efficiency 3
Annual Efficiency data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 11-point trend, -25.9% 0.5 0.5 0.4 0.4 0.4 0.4 0.6 · 0.6 0.6 0.6 0.7
Inventory Turnover 4-point trend, -6.5% · · · · · · · · 3.3 3.6 3.8 3.6
Receivables Turnover 11-point trend, +20.7% 6.9 7.4 6.9 7.1 6.8 6.3 5.5 · 5.0 5.2 5.3 5.7
Per Share 4
Annual Per Share data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share 11-point trend, -8.5% $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 11-point trend, -3.2% $7.79 $5.33 $5.49 $4.82 $4.73 $3.19 $10.28 · $7.05 $7.76 $7.58 $8.05
Dividend / Share 12-point trend, +13.1% $3 $2 $2 $2 $2 $2 $3 $3 $3 $3 $3 $2
EPS (TTM) 12-point trend, -27.3% $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 8
Annual Growth Rates data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -29.4% 9.7% 17.2% 2.8% 4.2% 13.8% · · · · · · ·
Revenue CAGR 3Y 3-point trend, +43.2% 9.7% 7.8% 6.8% · · · · · · · · ·
Revenue CAGR 5Y 9.4% · · · · · · · · · · ·
EPS YoY 4-point trend, +8.2% 39.7% 59.2% -36.3% 36.7% · · · · · · · ·
EPS CAGR 3Y 2-point trend, +7.0% 12.3% 11.5% · · · · · · · · · ·
Net Income YoY 4-point trend, +18.9% 41.0% 49.4% -38.5% 34.5% · · · · · · · ·
Net Income CAGR 3Y 2-point trend, +23.4% 9.0% 7.3% · · · · · · · · · ·
Dividend CAGR 5Y 5.5% · · · · · · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for RTX
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +53.0% $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 12-point trend, +8.2% $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 12-point trend, +248.4% 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 12-point trend, -71.3% 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 11-point trend, +61.2% 53.1% 67.4% 101.4% 60.2% 76.5% -77.6% 44.1% · 45.6% 40.9% 28.7% 32.9%
Annual Payout 12-point trend, +74.5% $3.57B $3.22B $3.24B $3.13B $2.96B $2.73B $2.44B $2.17B $2.07B $2.07B $2.18B $2.05B

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
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
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.00.00.00.00.0
Current Ratio 1.01.01.01.11.2
Quick Ratio 0.40.30.40.40.5
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $7.94B$4.53B$5.47B$4.88B$5.01B

Latest News Recent headlines mentioning this company

My Metrics Your personal watchlist — selected rows from Full Fundamentals

📊

Pick the metrics that matter to you — click the ➕ next to any row in Full Fundamentals above.

Your selection is saved and follows you across all tickers.

Institutional owners (13F) 3,727 filers · $154.2B total · As of June 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.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
198 (-134 vs prior Q) 162 (+25 vs prior Q) 1,468 (+148 vs prior Q) 1,265 (-77 vs prior Q) +10.6M

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 $20,502,076,190 111,788,856 13.30% Shares
STATE STREET CORP $18,103,527,737 95,417,318 11.74% Shares
VANGUARD CAPITAL MANAGEMENT LLC $16,686,202,335 87,947,095 10.82% Shares
Capital Research Global Investors $9,931,589,851 52,346,255 6.44% Shares
Dodge & Cox $6,662,036,733 35,113,249 4.32% Shares
GEODE CAPITAL MANAGEMENT, LLC $5,446,156,953 28,764,130 3.53% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $4,959,905,533 26,141,915 3.22% Shares
Fisher Asset Management, LLC $4,339,553,116 22,872,255 2.81% Shares
Capital International Investors $4,191,120,402 22,098,385 2.72% Shares
NORGES BANK $3,785,546,274 19,952,281 2.46% Shares
Capital World Investors $1,879,640,121 9,906,921 1.22% Shares
Sanders Capital, LLC $1,760,291,793 9,277,878 1.14% Shares
ALLIANCEBERNSTEIN L.P. $1,697,983,346 8,802,402 1.10% Shares
UBS Group AG $1,676,150,902 8,834,401 1.09% Shares
VANGUARD FIDUCIARY TRUST CO $1,434,678,685 7,561,686 0.93% Shares
DIMENSIONAL FUND ADVISORS LP $1,366,108,333 7,200,277 0.89% Shares
MORGAN STANLEY $1,252,457,882 6,601,264 0.81% Shares
BANK OF AMERICA CORP /DE/ $1,081,652,959 5,701,012 0.70% Shares
FMR LLC $1,037,095,890 5,466,167 0.67% Shares
Clearbridge Investments, LLC $884,934,342 4,664,177 0.57% Shares
BlackRock, Inc. $774,735,513 4,083,358 0.50% Shares
Swiss National Bank $720,249,421 3,796,181 0.47% Shares
ENVESTNET ASSET MANAGEMENT INC $639,104,206 3,368,501 0.41% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $636,932,148 3,357,045 0.41% Shares
VAN ECK ASSOCIATES CORP $626,186,220 3,300,407 0.41% Shares
Point72 Asset Management, L.P. $625,749,841 3,298,107 0.41% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $604,514,650 3,133,824 0.39% Shares
AMERIPRISE FINANCIAL INC $596,317,662 3,142,322 0.39% Shares
TWO SIGMA INVESTMENTS, LP $589,744,779 3,108,337 0.38% Shares
RAYMOND JAMES FINANCIAL INC $568,470,697 2,996,209 0.37% Shares
National Pension Service $555,811,189 2,929,485 0.36% Shares
Vanguard Global Advisers, LLC $551,590,456 2,907,239 0.36% Shares
Sumitomo Mitsui Trust Group, Inc. $542,048,934 2,856,949 0.35% Shares
LPL Financial LLC $540,132,477 2,846,848 0.35% Shares
VANGUARD ASSET MANAGEMENT, Ltd $526,507,201 2,775,034 0.34% Shares
Legal & General Group Plc $517,990,032 2,730,143 0.34% Shares
CANADA PENSION PLAN INVESTMENT BOARD $482,686,781 2,544,072 0.31% Shares
California Public Employees Retirement System $480,695,944 2,533,579 0.31% Shares
GOLDMAN SACHS GROUP INC $456,657,153 2,406,879 0.30% Shares
RHUMBLINE ADVISERS $400,279,919 2,109,734 0.26% Shares
Artisan Partners Limited Partnership $396,418,067 2,089,380 0.26% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $395,803,408 2,051,858 0.26% Shares
D. E. Shaw & Co., Inc. $377,718,848 1,990,823 0.24% Shares
NEUBERGER BERMAN GROUP LLC $355,876,899 1,875,702 0.23% Shares
BNP PARIBAS FINANCIAL MARKETS $342,332,685 1,804,315 0.22% Shares
JONES FINANCIAL COMPANIES LLLP $316,736,861 1,684,860 0.21% Shares
PNC Financial Services Group, Inc. $316,616,681 1,668,775 0.21% Shares
HighTower Advisors, LLC $316,219,254 1,666,680 0.21% Shares
JANE STREET GROUP, LLC $315,824,558 1,664,600 0.20% Put option
Haverford Trust Co $315,037,814 1,660,453 0.20% Shares
BARCLAYS PLC $309,106,409 1,629,191 0.20% Shares
CITADEL ADVISORS LLC $307,226,753 1,619,284 0.20% Shares
NEW YORK STATE COMMON RETIREMENT FUND $294,626,594 1,552,873 0.19% Shares
MAVERICK CAPITAL LTD $294,182,626 1,550,533 0.19% Shares
PointState Capital LP $282,962,373 1,491,395 0.18% Shares
ADAGE CAPITAL PARTNERS GP, L.L.C. $272,083,635 1,434,057 0.18% Shares
1832 Asset Management L.P. $264,431,065 1,393,723 0.17% Shares
WELLINGTON MANAGEMENT GROUP LLP $263,360,418 1,388,080 0.17% Shares
Capital Wealth Planning, LLC $244,562,160 1,289,001 0.16% Shares
AMERICAN CENTURY COMPANIES INC $235,059,118 1,238,913 0.15% Shares
MILLENNIUM MANAGEMENT LLC $234,034,611 1,233,514 0.15% Shares
PRUDENTIAL FINANCIAL INC $231,765,820 1,221,556 0.15% Shares
AVIVA PLC $223,426,617 1,177,603 0.14% Shares
FIFTH THIRD BANCORP $221,170,525 1,165,712 0.14% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $219,408,136 1,156,423 0.14% Shares
Cullen Capital Management, LLC $218,452,928 1,151,388 0.14% Shares
CINCINNATI INSURANCE CO $212,861,123 1,121,916 0.14% Shares
WORLDQUANT MILLENNIUM ADVISORS LLC $210,509,419 1,109,521 0.14% Shares
TRUIST FINANCIAL CORP $210,341,006 1,108,633 0.14% Shares
Quantinno Capital Management LP $208,895,958 1,101,017 0.14% Shares
Balyasny Asset Management L.P. $203,499,655 1,072,575 0.13% Shares
Welch & Forbes LLC $202,988,130 1,069,878 0.13% Shares
Korea Investment CORP $188,906,192 995,658 0.12% Shares
JANE STREET GROUP, LLC $178,953,336 943,200 0.12% Call option
HUNTINGTON NATIONAL BANK $169,061,372 891,062 0.11% Shares
D.A. DAVIDSON & CO. $168,061,566 885,793 0.11% Shares
CITIGROUP INC $158,652,226 836,200 0.10% Put option
Freestone Grove Partners LP $157,576,836 830,532 0.10% Shares
COMMONWEALTH EQUITY SERVICES, LLC $155,670,660 820,485 0.10% Shares
Rathbones Group PLC $150,197,477 791,638 0.10% Shares
FIRST TRUST ADVISORS LP $145,943,523 769,217 0.09% Shares
JENNISON ASSOCIATES LLC $145,074,769 764,638 0.09% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $144,309,229 760,603 0.09% Shares
MACKENZIE FINANCIAL CORP $137,771,301 726,144 0.09% Shares
STATE OF WISCONSIN INVESTMENT BOARD $136,215,895 717,946 0.09% Shares
Capital International, Inc./CA/ $131,966,322 695,548 0.09% Shares
Qube Research & Technologies Ltd $131,255,404 691,801 0.09% Shares
Cetera Investment Advisers $130,558,573 688,129 0.08% Shares
Woodline Partners LP $129,875,687 684,529 0.08% Shares
UniSuper Management Pty Ltd $129,809,471 684,180 0.08% Shares
WOLVERINE TRADING, LLC $127,173,236 777,200 0.08% Call option
Assenagon Asset Management S.A. $126,960,106 669,162 0.08% Shares
Baird Financial Group, Inc. $125,554,272 661,752 0.08% Shares
US BANCORP \DE\ $122,934,984 647,947 0.08% Shares
Chevy Chase Trust Holdings, LLC $122,413,606 645,199 0.08% Shares
Connor, Clark & Lunn Investment Management Ltd. $119,125,965 627,871 0.08% Shares
ROYAL LONDON ASSET MANAGEMENT LTD $118,646,896 625,346 0.08% Shares
Fayez Sarofim & Co $117,595,961 619,807 0.08% Shares
Ensign Peak Advisors, Inc $116,793,614 615,578 0.08% Shares
Mitsubishi UFJ Trust & Banking Corp $115,413,708 608,305 0.07% Shares

Company insiders 97 insiders · 35 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
Ramsaran Maharajh EVP and General Counsel Aug. 18, 2026 M 13,184 0 2 $-6,152,755
Kevin G Dasilva Senior VP and Treasurer July 28, 2026 S 20,099 0 4 $-3,142,663
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
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
UNITED TECHNOLOGIES CORP /DE/ 10% owner Feb. 28, 2017 S 0 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

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 227 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 16.94% 11,395,180 SH Aug. 21, 2026 Daily
DFEN · Direxion Shares ETF Trust 10.67% 221,714 NS April 30, 2026 N-PORT
PPA · Invesco Exchange-Traded Fund Trust 8.25% 3,199,278 SH Aug. 21, 2026 Daily
MISL · First Trust Exchange-Traded Fund 6.93% 292,724 NS June 30, 2026 N-PORT
FOWF · Pacer Funds Trust 6.75% 5,675 NS April 30, 2026 N-PORT
MADE · iShares Trust 4.00% 11,485 SH Aug. 21, 2026 Daily
IYJ · iShares Trust 3.43% 308,123 SH Aug. 21, 2026 Daily
VIS · VANGUARD WORLD FUND 3.42% 1,634,463 SH Aug. 19, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 3.38% 397,664 NS April 30, 2026 N-PORT
DUSL · Direxion Shares ETF Trust 3.06% 9,423 NS April 30, 2026 N-PORT
CGDV · Capital Group Dividend Value ETF 2.82% 5,512,883 NS May 31, 2026 N-PORT
UXI · ProShares Trust 2.80% 4,430 NS May 31, 2026 N-PORT
EXI · iShares Trust 2.79% 190,939 SH Aug. 21, 2026 Daily
SPVU · Invesco Exchange-Traded Fund Trust … 2.06% 15,479 NS May 31, 2026 N-PORT
MFSV · MFS Active Exchange Traded Funds Tr… 2.05% 54,141 NS May 31, 2026 N-PORT
CGUS · Capital Group Core Equity ETF 1.95% 1,178,895 NS May 31, 2026 N-PORT
CGCV · Capital Group Conservative Equity E… 1.95% 190,484 NS May 31, 2026 N-PORT
SWP · Manager Directed Portfolios 1.91% 16,442 NS May 31, 2026 N-PORT
RFFC · ALPS ETF Trust 1.89% 3,129 NS May 31, 2026 N-PORT
UFO · Procure ETF Trust II 1.80% 76,768 NS April 30, 2026 N-PORT
ZECP · Zacks Trust 1.71% 32,505 NS May 31, 2026 N-PORT
SPMO · Invesco Exchange-Traded Fund Trust … 1.68% 1,740,162 SH Aug. 21, 2026 Daily
SNPV · DBX ETF Trust 1.64% 21,081 NS May 29, 2026 N-PORT
WLTG · ETF Opportunities Trust 1.61% 6,949 NS April 30, 2026 N-PORT
ALRG · ALLSPRING EXCHANGE-TRADED FUNDS TRU… 1.60% 674 NS April 30, 2026 N-PORT
LRGC · AB Active ETFs, Inc. 1.48% 102,899 NS May 31, 2026 N-PORT
RPG · Invesco Exchange-Traded Fund Trust 1.43% 131,421 SH Aug. 21, 2026 Daily
RSPN · Invesco Exchange-Traded Fund Trust 1.38% 68,378 SH Aug. 21, 2026 Daily
ARMY · Tema ETF Trust 1.34% 360 NS May 31, 2026 N-PORT
FLV · AMERICAN CENTURY ETF TRUST 1.30% 25,492 NS May 31, 2026 N-PORT
CGDG · Capital Group Dividend Growers ETF 1.27% 357,962 NS May 31, 2026 N-PORT
DVOL · First Trust Exchange-Traded Fund VI 1.26% 4,748 NS June 30, 2026 N-PORT
DYNF · BlackRock ETF Trust 1.26% 2,424,566 SH Aug. 21, 2026 Daily
MGV · VANGUARD WORLD FUND 1.21% 846,436 SH Aug. 19, 2026 Daily
EQWL · Invesco Exchange-Traded Fund Trust 1.13% 149,192 SH Aug. 21, 2026 Daily
FMAG · FIDELITY COVINGTON TRUST 1.13% 16,222 NS April 30, 2026 N-PORT
CRTC · DBX ETF Trust 1.13% 8,144 NS May 31, 2026 N-PORT
BKDV · BNY Mellon ETF Trust II 1.12% 88,078 NS April 30, 2026 N-PORT
SRHQ · Elevation Series Trust 1.09% 11,982 NS April 30, 2026 N-PORT
YOKE · EA Series Trust 1.09% 13,961 NS April 30, 2026 N-PORT
ROPE · EA Series Trust 1.07% 506 NS May 29, 2026 N-PORT
VYM · VANGUARD WHITEHALL FUNDS 1.06% 5,384,634 SH Aug. 19, 2026 Daily
IWX · iShares Trust 1.06% 198,951 SH Aug. 21, 2026 Daily
JOYT · J.P. Morgan Exchange-Traded Fund Tr… 1.05% 5,110 NS April 30, 2026 N-PORT
PFM · Invesco Exchange-Traded Fund Trust 1.03% 38,612 SH Aug. 21, 2026 Daily
ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… 1.01% 12,847 NS April 30, 2026 N-PORT
FLCV · Federated Hermes ETF Trust 1.01% 5,395 NS May 31, 2026 N-PORT
BSCQ · Invesco Exchange-Traded Self-Indexe… 1.00% 34,362,000 Aug. 20, 2026 Daily
DGRO · iShares Trust 0.99% 2,020,924 SH Aug. 21, 2026 Daily
VTV · VANGUARD INDEX FUNDS 0.96% 12,805,063 SH Aug. 19, 2026 Daily