Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
RTXXSWX:UTX 84 Debt-to-EBITDA is 2.44 as of Mar. 2026, which is 24% below its 10-year median of 3.22. GuruFocus rates XSWX:UTX with a GF Score™ of 84/100 and a GF Value™ of CHF93.85. The stock has 5 warning signs investors should review. Among 254 Aerospace & Defense companies, RTX ranks worse than 61.42% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for RTX's Debt-to-EBITDA or its related term are showing as below:
XSWX:UTX'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.33 Med: 3.22 Max: 10.38
Current: 2.52
During the past 13 years, the highest Debt-to-EBITDA Ratio of RTX was 10.38. The lowest was 2.33. And the median was 3.22.
XSWX:UTX's Debt-to-EBITDA is ranked worse than 61.42% of 254
companies
in the Aerospace & Defense industry
Industry Median: 1.82
vs XSWX:UTX: 2.52
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
RTX Debt-to-EBITDA Related Terms
RTX Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for RTX's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:UTX vs BA, GE, LMT: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, RTX's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
RTX Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, RTX's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where RTX's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
RTX (XSWX:UTX) has a Debt-to-EBITDA of 2.44 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on RTX. This is 24% below median its historical median of 3.22. Over the past decade, RTX's Debt-to-EBITDA has ranged from 2.33 to 10.38. According to the industry distribution chart, RTX ranks #156 out of 254 companies in the Aerospace & Defense industry, placing it in the top 61.4%.
Is RTX's Debt-to-EBITDA too high?
RTX's current Debt-to-EBITDA of 2.44 is 24% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 10.38. The Aerospace & Defense industry median Debt-to-EBITDA is 1.82. RTX's value of 2.44 is 34.1% above this industry median. Based on the distribution chart, RTX ranks #156 out of 254 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, RTX has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does RTX's Debt-to-EBITDA compare to BA and GE?
According to the Aerospace & Defense industry distribution chart, RTX ranks #156 out of 254 companies for Debt-to-EBITDA. This places RTX in the lower half of its industry. The industry median Debt-to-EBITDA is 1.82. RTX's value of 2.44 is 34.1% above this benchmark. Historically, RTX's own Debt-to-EBITDA has ranged from 2.33 to 10.38 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.82, RTX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.82, based on 254 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RTX's current Debt-to-EBITDA of 2.44 is 34.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on RTX. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTX's current Debt-to-EBITDA is 2.44, which is 24% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RTX stock overvalued right now?
RTX (XSWX:UTX) has a current Debt-to-EBITDA of 2.44. The stock's GF Value™ is CHF93.85, compared to a current price of CHF125.59 — trading 33.8% above its estimated fair value. The current Debt-to-EBITDA is 2.44, which is 24% below median its 10-year median of 3.22 and 34.1% above the Aerospace & Defense industry median of 1.82. RTX's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For RTX (XSWX:UTX), the current Debt-to-EBITDA is 2.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is RTX (XSWX:UTX) Overvalued in 2026?
Based on GuruFocus' analysis, RTX stock appears to be overvalued.
The current stock price of CHF125.59 is trading 33.8% above its estimated GF Value™ of CHF93.85.
Key valuation signals for XSWX:UTX:
Debt-to-EBITDA: 2.44 (24% below median its 10-year median of 3.22)
GF Value™: CHF93.85 vs. price of CHF125.59 (33.8% above fair value)
Industry Position: 34.1% above the Aerospace & Defense median (#156 of 254)
No single metric tells the full story. See the XSWX:UTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure across three segments, mostly as a supplier to commercial aerospace and to the defense market: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.
84GF Score
Get the complete analysis for XSWX:UTX
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:UTX has been successfully added to your 
