The aerospace and defense industry manufacturer had another year of improved sales in 2022, and in April 2023 reported $21 billion in new orders and a record backlog of $180 billion across its portfolio.
  • Raytheon has set out to realign its business units into three segments—Collins Aerospace, Pratt & Whitney, and Raytheon—to more fully leverage its scale and realize cost savings.
  • The post-COVID travel recovery strengthened sales in the quarter ended in April 2023, as Raytheon’s Collins Aerospace unit drew in $5.58 billion and its Pratt & Whitney engine unit sales trailed just behind.
  • In April 2023 a former Pratt & Whitney manager was among a handful of aerospace industry executives who were acquitted of criminal charges in a case brought by the Justice Department that accused the group of agreeing to not hire the others’ workers. Still, workers who say they were harmed by the alleged conspiracy brought a separate civil suit against Raytheon in Connecticut federal court.
Courtesy of Raytheon Technologies

Company Information

As of 6/5/23
Country
U.S.
Headquarters
Arlington, Va.
Industry
Aerospace & Defense
CEO
Gregory J. Hayes
Company Type
Public
Ticker
RTX
Revenues ($M)
$67,074
Profits ($M)
$5,197
Market Value ($M)
$143,292
Employees
182,000
Market value as of March 31, 2023.

Key Financials (Last Fiscal Year)

$ millions
% change
Revenues ($M)
$67,074
4.2%
Profits ($M)
$5,197
34.5%
Assets ($M)
$158,864
-
Total Stockholder Equity ($M)
$72,632
-

Profit Ratios

Profit as % of Revenues
7.7%
Profits as % of Assets
3.3%
Profits as % of Stockholder Equity
7.2%

Earnings Per Share (Last Fiscal Year)

Earnings Per Share ($)
3.50
EPS % Change (from 2021)
36.7%
EPS % Change (5 year annual rate)
-9.3%
EPS % Change (10 year annual rate)
-4.7%

Total Return

Total Return to Investors (2022)
20%
Total Return to Investors (5 year, annualized)
9.1%
Total Return to Investors (10 year, annualized)
10.4%

Raytheon Technologies Rank History

Historical Data

YearRevenues ($M)Profits ($M)Assets ($M)Total Stockholder Equity ($M)
2022$64,38813.8%$3,864$161,404$73,068
2021$56,587-26.6%$-3,519-163.6%$162,153$72,163
2020$77,04615.9%$5,5375.1%$139,716$41,774
2019$66,50111.1%$5,26915.8%$134,211$38,446
2018$59,8374.5%$4,552-10%$96,920$29,610
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