Contract Assets, Net

Current Assets

Raytheon Technologies Contract Assets, Net increased by 116.3% to $572.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 196.4%, from $193.00M to $572.00M. Over 5 years (FY 2020 to FY 2025), Contract Assets, Net shows a downward trend with a -7.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025

How to read this metric

An increase indicates significant progress on contracts that will eventually be billed, while a decrease may signal successful billing or project completion.

Detailed definition

This represents the company's right to consideration for goods or services already transferred to a customer, where the...

Peer comparison

Common in industries with long-term construction, defense, or aerospace contracts where billing is milestone-based.

Metric ID: contract_assets_net

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value-$2.11B-$1.64B$756.00M-$2.17B-$1.59B-$1.07B$639.00M-$2.14B-$2.19B-$2.55B$571.00M-$4.02B-$4.08B-$3.75B$193.00M-$3.80B-$3.50B-$3.51B$572.00M
QoQ Change+21.9%+146.0%-387.4%+26.6%+32.8%+159.7%-435.1%-2.4%-16.4%+122.4%-803.2%-1.7%+8.1%+105.1%<-999%+7.8%-0.2%+116.3%
YoY Change+24.3%+34.9%-15.5%+1.5%-37.5%-138.3%-10.6%-87.5%-86.3%-47.0%-66.2%+5.4%+14.3%+6.5%+196.4%
Range-$4.08B$756.00M
CAGR-25.1%
Avg YoY Growth-13.7%
Median YoY Growth-10.6%

Frequently Asked Questions

What is Raytheon Technologies's contract assets, net?
Raytheon Technologies (RTX) reported contract assets, net of $572.00M in Q4 2025.
How has Raytheon Technologies's contract assets, net changed year-over-year?
Raytheon Technologies's contract assets, net increased by 196.4% year-over-year, from $193.00M to $572.00M.
What is the long-term trend for Raytheon Technologies's contract assets, net?
Over 5 years (2020 to 2025), Raytheon Technologies's contract assets, net has grown at a -7.0% compound annual growth rate (CAGR), from $822.00M to $572.00M.
What does contract assets, net mean?
The value of work performed for customers that has not yet been billed because payment conditions have not been met.

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