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Raytheon Technologies RTX Commercial Aerospace — Commercial aerospace commitments

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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$299.62B+43.7%
Enterprise value$330.08B+33.5%
P/E38.7×+4.8×
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 rtx:CommercialAerospaceCommitments.

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)Committed20262027202820292030Thereafter
Commercial aerospace financing commitments$3,874$1,687$1,357$830
Other commercial aerospace commitments9,2427526286606455116,046
Collaboration partners’ share(5,325)(1,018)(854)(655)(273)(215)(2,310)
Total commercial aerospace commitments$7,791$1,421$1,131$835$372$296$3,736

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Raytheon Technologies's commercial aerospace — commercial aerospace commitments?
Raytheon Technologies (RTX) reported commercial aerospace — commercial aerospace commitments of $7.79B in Q4 2025.
What does commercial aerospace — commercial aerospace commitments mean?
Represents the total net commercial aerospace financing and other commitments, after accounting for the share attributable to collaboration partners. This metric reflects the company's net financial exposure to commercial aerospace customers and projects. It is a primary measure of the company's net credit and financing risk in the commercial sector.

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