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Raytheon Technologies RTX Interest coverage

Interest coverage at other companies

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Howmet AerospaceHWM
116.6×+111×
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1.5×+0.9×
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Parker-HannifinPH
11.6×+1.2×
Woodward logo
WoodwardWWD
15.2×+4.9×
Honeywell International logo
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4.5×-1.9×
Lockheed Martin logo
Lockheed MartinLMT
6.6×-0.4×

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 July 22, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Raytheon Technologies's interest coverage?
Raytheon Technologies (RTX) reported interest coverage of 101.5× in Q2 2025.
How has Raytheon Technologies's interest coverage changed year-over-year?
Raytheon Technologies's interest coverage increased by 6239.5% year-over-year, from 1.6× to 101.5×.
What is the long-term trend for Raytheon Technologies's interest coverage?
Over 3 years (2021 to 2024), Raytheon Technologies's interest coverage has grown at a 15.0% compound annual growth rate (CAGR), from 7.1× to 10.8×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.