Discontinued — last reported Q2 '23

Business Segments · Operating Income (Loss)

Raytheon Missiles & Defense — Operating Income (Loss)

Raytheon Technologies Raytheon Missiles & Defense — Operating Income (Loss) increased by 26.5% to $415.00M in Q2 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.3%, from $348.00M to $415.00M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2019
Last reportedQ2 2023Jul 25, 2023
Rolls up toOperating Income

How to read this metric

An increase reflects improved program margins, cost control, or higher volume, while a decrease suggests operational inefficiencies or cost overruns.

Detailed definition

This measures the core profitability of the defense and missile systems segment by subtracting operating expenses from s...

Peer comparison

Comparable to 'Segment Operating Income' reported by other defense prime contractors like Lockheed Martin or Northrop Grumman.

Metric ID: rtx_segment_raytheon_missiles_defense_operating_income_loss

Historical Data

7 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23
Value$532.00M$490.00M$387.00M$348.00M$408.00M$328.00M$415.00M
QoQ Change-7.9%-21.0%-10.1%+17.2%-19.6%+26.5%
YoY Change-34.6%-16.7%-15.2%+19.3%
Range$328.00M$532.00M
CAGR-15.3%
Avg YoY Growth-11.8%
Median YoY Growth-16.0%

Frequently Asked Questions

What is Raytheon Technologies's raytheon missiles & defense — operating income (loss)?
Raytheon Technologies (RTX) reported raytheon missiles & defense — operating income (loss) of $415.00M in Q2 2023.
How has Raytheon Technologies's raytheon missiles & defense — operating income (loss) changed year-over-year?
Raytheon Technologies's raytheon missiles & defense — operating income (loss) increased by 19.3% year-over-year, from $348.00M to $415.00M.
What does raytheon missiles & defense — operating income (loss) mean?
The profit or loss generated by the defense and missile systems business before accounting for interest, taxes, and corporate overhead.