RTX Corp(RTX)Stock Analysis
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Rank #336 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
RTX Stock Analysis & AI Quality Score
AI stock analysis and institutional research for RTX Corp (RTX), a Industrials sector company. 13F Pro's AI-powered ranking engine scores RTX at 70.0/100 on a 32-signal composite quality model, placing it at rank #336 of 2,879 stocks — the top 25% of the AI-ranked universe. RTX scores in the top quartile across revenue scale (98.5), earnings quality (82.1). Areas of concern include institutional flow (8.8), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), RTX Corp reports quarterly revenue of $22.1B, net income of $2.1B, an operating margin of 11.6%. Top institutional holders of RTX by reported 13-F value include BlackRock,, STATE STREET, Capital Research Global Investors, based on the most recent SEC filings. RTX trades on the NYSE exchange and files with the SEC under CIK 101829. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate RTX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for RTX Corp directly from SEC EDGAR. RTX Corp's 13F Pro composite quality score has ranged between 50 and 73 since 2021, currently 70.0 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
What's Driving RTX's Business? Latest 10-Q Breakdown
AI-extracted from RTX Corp's 10-Q filed 2026-04-21 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
RTX Q1 revenue grew 8.7% YoY to $22.1B on strong commercial aerospace and defense demand, with operating profit margin expanding to 11.6% from 10.0%.
Biggest Revenue Drivers
Total revenue: $22.1B+8.7% YoY
Commercial aftermarket sales increased $0.7B primarily from higher volume; military F135 production volume grew.
Commercial aerospace OEM sales grew $0.3B on higher narrowbody and widebody volumes; commercial aftermarket up $0.2B from higher provisioning and repair volume.
Land and air defense systems up $0.5B driven by Patriot programs; naval power programs up $0.3B from Standard Missile volume.
Largest Expense Items
Organic cost increase of $1.6B driven by higher volumes across all segments; higher tariffs and operational costs partially offset organic improvements.
Increased employee compensation costs partially offset by lower restructuring costs.
Company-funded R&D decreased due to variable nature of program development schedules.
Watch Items from the Filing
- Pratt & Whitney's PW1100 GTF powder metal defect: $0.5B accrual for customer compensation as of March 31, 2026; elevated aircraft-on-ground levels expected through 2026 with significant incremental shop visits and maintenance costs.
- Tariff exposure: Company paid ~$0.5B in IEEPA tariffs since inception; February 2026 Supreme Court ruling invalidated IEEPA tariffs but refund process remains uncertain; Q1 2026 results reflect tariff impacts on product costs.
- Legal settlements and compliance: $384M paid Q4 2024 for DPA-1 and SEC Administrative Order; $580M paid for DPA-2 and FCA settlement; independent compliance monitor engaged April 2026 with three-year oversight period.
- Defense bookings surged 51% YoY to $6.6B in Q1 2026; Raytheon led with $7B including $1.6B on classified contracts, indicating strong government demand momentum.
- Commercial aerospace backlog $162B as of March 31, 2026; total RPO $271B with ~45% from long-term Pratt & Whitney maintenance contracts expected to be realized over up to 20 years.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Revenue
Q1 2026
$22.1B
Net Income
Q1 2026
$2.1B
Free Cash Flow
Q1 2026
$1.3B
Operating Margin
Q1 2026
11.6%
ROIC
Q1 2026
2.6%
D/E Ratio
Q1 2026
0.56
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+9.7% YoYNet Income
+41.0% YoYOperating Income
+42.2% YoYEPS (Diluted)
+39.7% YoYTotal Assets
+5.0% YoYTotal Debt
-13.1% YoYOp. Cash Flow
+47.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|
| Revenue | $88.60B +9.7% | $80.74B +17.1% | $68.92B +2.8% | $67.07B +19.6% | $56.10B -3.1% | $57.90B |
| Net Income | $6.73B +41.0% | $4.77B +49.4% | $3.19B -38.5% | $5.20B -31.7% | $7.61B +22.3% | $6.22B |
| Operating Income | $9.30B +42.2% | $6.54B +83.6% | $3.56B -35.3% | $5.50B -24.5% | $7.29B -24.0% | $9.59B |
| EPS (Diluted) | $4.96 +39.7% | $3.55 +59.2% | $2.23 -36.3% | $3.50 -59.3% | $8.61 +26.2% | $6.82 |
| Total Assets | $171.08B +5.0% | $162.86B +0.6% | $161.87B +1.9% | $158.86B +81.6% | $87.48B -4.2% | $91.29B |
| Total Debt | $37.90B -13.1% | $43.61B -3.3% | $45.11B +38.8% | $32.51B +57.8% | $20.60B -4.1% | $21.49B |
| Operating Cash Flow | $10.57B +47.6% | $7.16B -9.2% | $7.88B +10.0% | $7.17B | — | $7.34B |
AI Insight: RTX Financial Trends
RTX delivered strong revenue growth to $24.2B in Q4 2025 (+12% vs Q4 2024) while reducing total debt by $5.7B over the year.
• Revenue grew from $21.6B in Q4 2024 to $24.2B in Q4 2025, representing 12% year-over-year growth.
• Operating income expanded from $1.9B in Q1 2024 to $2.6B in Q4 2025, showing steady margin improvement.
• Total debt decreased from $43.6B in Q4 2024 to $37.9B in Q4 2025, improving leverage by $5.7B.
• Equity increased from $60.2B in Q4 2024 to $65.2B in Q4 2025, strengthening the balance sheet.
⚠ Operating cash flow remains volatile, swinging from $4.6B in Q3 2025 to $458M in Q2 2025.
⚠ Net income declined from $1.9B in Q3 2025 to $1.6B in Q4 2025 despite revenue growth.
AI Insight: RTX Ratio Trends
RTX achieved steady operational improvement through 2025, with operating margins stabilizing above 10% and leverage declining to 0.58.
• Operating margin improved from 9.7% in Q1 2024 to 10.7% in Q4 2025, excluding Q2 2024 anomaly.
• Debt-to-equity ratio declined from 0.71 in Q1 2024 to 0.58 in Q4 2025, indicating deleveraging.
• ROIC expanded from 7.2% in Q1 2024 to 10.1% in Q4 2025, showing capital efficiency gains.
⚠ Q2 2024 showed severe margin compression to 2.7% and minimal profitability — monitor for repeat disruptions.
⚠ Net profit margin declined to 6.7% in Q4 2025 from 8.5% in Q3 2025 despite stable operations.
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Available Research
13F Pro tracks comprehensive data for RTX Corp including:
Top Institutional Holders of RTX
BlackRock, Inc.
$21.0B109,050,751 shSTATE STREET CORP
$17.9B92,589,262 shCapital Research Global Investors
$10.1B52,337,386 shDODGE & COX
$6.8B35,473,379 shGEODE CAPITAL MANAGEMENT, LLC
$6.4B33,249,665 shMORGAN STANLEY
$5.8B30,123,739 shBANK OF AMERICA CORP /DE/
$4.9B25,393,685 shCapital International Investors
$4.6B23,910,379 shFisher Asset Management, LLC
$4.3B22,244,732 shMASSACHUSETTS FINANCIAL SERVICES CO /MA/
$2.8B14,147,863 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $21.0B | 109,050,751 |
| STATE STREET CORP | $17.9B | 92,589,262 |
| Capital Research Global Investors | $10.1B | 52,337,386 |
| DODGE & COX | $6.8B | 35,473,379 |
| GEODE CAPITAL MANAGEMENT, LLC | $6.4B | 33,249,665 |
| MORGAN STANLEY | $5.8B | 30,123,739 |
| BANK OF AMERICA CORP /DE/ | $4.9B | 25,393,685 |
| Capital International Investors | $4.6B | 23,910,379 |
| Fisher Asset Management, LLC | $4.3B | 22,244,732 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $2.8B | 14,147,863 |
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Popular Research
Is RTX a good stock to buy?
13F Pro's AI-powered analysis of RTX Corp (RTX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for RTX are available on the RTX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own RTX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling RTX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of RTX Corp's investment landscape.