Discontinued — last reported Q3 '14

Work in process

Current Assets

Raytheon Technologies Work in process decreased by 4.6% to $4.55B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $4.49B to $4.55B. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 9.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2009
Last reportedQ3 2014
Parent metricInventories

How to read this metric

An increase may signal production bottlenecks or scaling up, while a decrease suggests improved manufacturing throughput.

Detailed definition

This represents the value of goods that are currently in the manufacturing process but not yet completed. It reflects th...

Peer comparison

Standard inventory metric for all manufacturing and industrial companies.

Metric ID: inv_work_in_progress

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$3.31B$3.30B$3.09B$3.47B$3.63B$3.75B$3.84B$3.99B$4.19B$4.30B$4.16B$4.38B$4.69B$4.77B$4.49B$4.87B$4.82B$4.77B$4.55B
QoQ Change-0.4%-6.4%+12.5%+4.5%+3.3%+2.5%+4.0%+4.8%+2.7%-3.1%+5.3%+6.9%+1.9%-5.9%+8.4%-1.0%-1.0%-4.6%
YoY Change+9.7%+13.7%+24.4%+15.1%+15.4%+14.7%+8.4%+9.8%+11.9%+11.1%+8.0%+11.1%+2.9%+0.0%+1.4%
% of Inventories34.6%35.0%33.6%35.6%35.8%35.9%36.2%35.3%34.9%35.7%35.3%35.4%35.9%35.4%35.2%35.8%34.4%34.6%34.1%
Share Change+0.3pp-1.3pp+2.0pp+0.2pp+0.1pp+0.3pp-0.9pp-0.4pp+0.8pp-0.3pp+0.1pp+0.5pp-0.5pp-0.3pp+0.6pp-1.3pp+0.2pp-0.5pp
Range$3.09B$4.87B
CAGR+7.4%
Avg YoY Growth+10.5%
Median YoY Growth+11.1%
Current Streak3 quarters decline

Frequently Asked Questions

What is Raytheon Technologies's work in process?
Raytheon Technologies (RTX) reported work in process of $4.55B in Q4 2025.
How has Raytheon Technologies's work in process changed year-over-year?
Raytheon Technologies's work in process increased by 1.4% year-over-year, from $4.49B to $4.55B.
What is the long-term trend for Raytheon Technologies's work in process?
Over 5 years (2020 to 2025), Raytheon Technologies's work in process has grown at a 9.3% compound annual growth rate (CAGR), from $2.92B to $4.55B.
What does work in process mean?
The value of products currently being built but not yet finished.

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