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Raytheon Technologies RTX Construction in progress

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Other financials

Income statement

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Revenue$24.7B+14.5%
Operating income$2.8B+31.0%
Net income$2.1B+29.1%
EPS (diluted)$1.57+28.7%

Balance sheet

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Cash & equivalents$8.4B+73.9%
Total debt$38.9B-10.9%
Total equity$66.4B+6.4%
Total assets$173.97B+4.1%

Cash flow

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Operating cash flow$3.5B+674%
CapEx$669.0M+26.2%
Free cash flow$2.9B

Valuation

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Market cap$300.59B+45.1%
Enterprise value$331.05B+34.6%
P/E38.9×+5.1×
P/S3.2×+0.7×

Profitability

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Gross margin48.1%
Operating margin11.2%+1.3pp
Net margin8.3%+0.9pp
FCF margin12.2%+8.3pp

Returns & leverage

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Return on equity12%+1.9pp
Debt / equity0.6×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by Raytheon Technologies in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The source filing: Raytheon Technologies’s 10-K, filed February 6, 2026.

Filed
Feb 6, 2026, 4:33 PM EST
Fiscal year
FY2025
Accession
0000101829-26-000006
(dollars in millions)Estimated Useful Lives20252024
Land$710$695
Buildings and improvements10-45 years9,1888,615
Machinery, tools, and equipment3-20 years21,57219,738
Assets under construction3,8653,735
Fixed assets, gross35,33532,783
Accumulated depreciation(18,467)(16,694)
Fixed assets, net$16,868$16,089

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Raytheon Technologies's construction in progress?
Raytheon Technologies (RTX) reported construction in progress of $3.87B in Q4 2025.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.

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