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?

The value of capital projects currently being built but not yet in use.

Discontinued — last reported Q2 '20

Construction in progress

Raytheon Technologies Construction in progress increased by 3.5% to $3.87B in Q4 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryGrowth

SignalHigher is better

VolatilityVolatile

First reportedQ3 2015

Last reportedQ2 2020

Parent metricPP&E (Net)

How to read this metric

A high balance indicates significant ongoing capital expenditure and future growth potential through expanded production capacity.

Detailed definition

The accumulated costs for capital projects that are currently under construction and not yet ready for operational use....

Peer comparison

Reflects the company's current investment cycle and long-term growth strategy compared to industry peers.

Metric ID: ppe_construction_in_progress

Historical Data

2 periods

	Q4 '24	Q4 '25
Value	$3.74B	$3.87B
QoQ Change	—	+3.5%
YoY Change	—	+3.5%
% of PP&E (Net)	23.2%	22.9%
Share Change	—	-0.3pp

Range$3.74B – $3.87B

Avg YoY Growth+3.5%

Median YoY Growth+3.5%