Discontinued — last reported Q3 '24
Acquisition accounting adjustment member — Operating profit (loss)
Raytheon Technologies Acquisition accounting adjustment member — Operating profit (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. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher negative adjustments indicate significant non-cash expenses related to intangible asset amortization, which reduces reported operating margins. A reduction in these adjustments over time typically signals that the initial purchase accounting impacts are normalizing.
Detailed definition
This metric captures the impact of purchase accounting on operating profit, primarily driven by the amortization of acqu...
Peer comparison
Standard across defense and aerospace sectors for companies with active M&A strategies, comparable to 'amortization of acquired intangibles' or 'purchase accounting impacts' reported by industry peers.
rtx_segment_acquisition_accounting_adjustment_operating_profit_lossHistorical Data
| 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% |
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Frequently Asked Questions
- What is Raytheon Technologies's acquisition accounting adjustment member — operating profit (loss)?
- Raytheon Technologies (RTX) reported acquisition accounting adjustment member — operating profit (loss) of -$534.00M in Q3 2024.
- How has Raytheon Technologies's acquisition accounting adjustment member — operating profit (loss) changed year-over-year?
- Raytheon Technologies's acquisition accounting adjustment member — operating profit (loss) decreased by 3.3% year-over-year, from -$517.00M to -$534.00M.
- What does acquisition accounting adjustment member — operating profit (loss) mean?
- The effect of merger-related accounting adjustments on the operating profit of a business segment.