Discontinued — last reported Q3 '24
Raytheon Technologies Acquisition accounting adjustment member — Operating Income (Loss) decreased by 6.0% to -$534.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 3.3%, from -$517.00M to -$534.00M.
Higher negative adjustments typically reflect the ongoing amortization of high-value intangible assets, which can mask the underlying operational margin improvement of the combined entity.
This metric captures the impact of purchase accounting on operating income, primarily driven by the amortization of acqu...
Similar to 'Acquisition-related Amortization' or 'Purchase Accounting Impacts' reported by peers in the defense and industrial sectors undergoing significant M&A activity.
rtx_segment_acquisition_accounting_adjustment_member_operating_income_loss| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$519.00M | -$586.00M | -$484.00M | -$448.00M | -$482.00M | -$493.00M | -$489.00M | -$517.00M | -$500.00M | -$504.00M | -$534.00M |
| QoQ Change | — | -12.9% | +17.4% | +7.4% | -7.6% | -2.3% | +0.8% | -5.7% | +3.3% | -0.8% | -6.0% |
| YoY Change | — | — | — | +13.7% | +17.7% | -1.9% | -9.2% | -7.3% | -1.4% | -3.1% | -3.3% |