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Raytheon Technologies RTX Free cash flow margin

Free cash flow margin at other companies

Howmet Aerospace logo
Howmet AerospaceHWM
19.2%+5.7pp
Boeing logo
BoeingBA
-11.3%+15.2pp
General Electric logo
General ElectricGE
15.4%+4.9pp
HEICO logo
HEICOHEI
18.9%+0.4pp
Parker-Hannifin logo
Parker-HannifinPH
17.5%+1.7pp
Woodward logo
WoodwardWWD
9.7%+0.3pp

Other financials

Income statement

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Revenue$22.1B+8.7%
Operating income$2.6B+25.6%
Net income$2.1B+34.1%
EPS (diluted)$1.51+32.5%

Balance sheet

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Cash & equivalents$6.9B+32.3%
Total debt$38.9B-9.3%
Total equity$66.3B+7.7%
Total assets$170.43B+3.4%

Cash flow

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Operating cash flow$1.9B+42.2%
CapEx$546.0M+6.4%
Free cash flow$1.3B+65.3%

Valuation

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Market cap$259.34B+46.8%
Enterprise value$291.41B+35.9%
P/E35.7×-2.7×
P/S2.9×+0.7×

Profitability

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Gross margin48.1%
Operating margin10.9%+2.7pp
Net margin8%+2.4pp

Returns & leverage

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Return on equity11.4%+3.8pp
Debt / equity0.6×-0.1×
Current ratio0.0×

Where this comes from

Calculated from Raytheon Technologies’s reported figures.

Based on trailing twelve months.

The official record: Raytheon Technologies’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Raytheon Technologies's free cash flow margin?
Raytheon Technologies (RTX) reported free cash flow margin of 9.4% in Q1 2026.
How has Raytheon Technologies's free cash flow margin changed year-over-year?
Raytheon Technologies's free cash flow margin increased by 41.5% year-over-year, from 6.7% to 9.4%.
What is the long-term trend for Raytheon Technologies's free cash flow margin?
Over 4 years (2021 to 2025), Raytheon Technologies's free cash flow margin has grown at a 3.5% compound annual growth rate (CAGR), from 22.4% to 25.8%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.