RTXRTX -0.71%84 EV-to-FCF is 35.51 as of Jun. 24, 2026, which is 3% above its 10-year median of 34.37. GuruFocus rates RTX with a GF Score™ of 84/100 and a GF Value™ of $144.11 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 180 Aerospace & Defense companies, RTX ranks worse than 51.11% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, RTX's Enterprise Value is $283,088 Mil.
RTX's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $7,971 Mil. Therefore, RTX's EV-to-FCF for today is 35.51.
The historical rank and industry rank for RTX's EV-to-FCF or its related term are showing as below:
RTX'
s EV-to-FCF Range Over the Past 10 Years
Min: 13.05 Med: 34.37 Max: 98.29
Current: 35.51
During the past 13 years, the highest EV-to-FCF of RTX was 98.29. The lowest was 13.05. And the median was 34.37.
RTX's EV-to-FCF is ranked worse than 51.11% of 180
companies
in the Aerospace & Defense industry
Industry Median: 34.655
vs RTX: 35.51
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-06-24), RTX's stock price is $185.06.
RTX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $5.330. Therefore, RTX's PE Ratio (TTM) for today is 34.72.
RTX (NYSE:RTX) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
RTX's share price for today is $185.06.
RTX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.330.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
RTX EV-to-FCF Related Terms
RTX EV-to-FCF Historical Data
* Premium members only.
The historical data trend for RTX's EV-to-FCF 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.
For the Aerospace & Defense subindustry, RTX's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, RTX's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where RTX's EV-to-FCF falls into.
RTX's current Enterprise Value is $283,088 Mil.
RTX's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,971 Mil.
* 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.
RTX (RTX) has a EV-to-FCF of 35.51 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on RTX and its competitors. This is near median its historical median of 34.37. Over the past decade, RTX's EV-to-FCF has ranged from 13.05 to 98.29. According to the industry distribution chart, RTX ranks #92 out of 180 companies in the Aerospace & Defense industry, placing it in the top 51.1%.
Is RTX's EV-to-FCF too high?
RTX's current EV-to-FCF of 35.51 is near median its 10-year median of 34.37. Over the past 10 years, this metric has ranged from a low of 13.05 to a high of 98.29. The Aerospace & Defense industry median EV-to-FCF is 34.66. RTX's value of 35.51 is 2.5% above this industry median. Based on the distribution chart, RTX ranks #92 out of 180 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, RTX has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RTX's EV-to-FCF compare to BA and GE?
According to the Aerospace & Defense industry distribution chart, RTX ranks #92 out of 180 companies for EV-to-FCF. This places RTX in the lower half of its industry. The industry median EV-to-FCF is 34.66. RTX's value of 35.51 is 2.5% above this benchmark. Historically, RTX's own EV-to-FCF has ranged from 13.05 to 98.29 over the past decade. While the company's 10-year median is 34.37 vs. the industry median of 34.66, 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 EV-to-FCF for an Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 34.66, based on 180 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RTX's current EV-to-FCF of 35.51 is 2.5% 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on RTX and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 34.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTX's current EV-to-FCF is 35.51, which is near median its own 10-year median of 34.37. 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?
Based on GuruFocus' analysis, RTX (RTX) is currently considered Modestly Overvalued. The stock's GF Value™ is $144.11, compared to a current price of $185.06 — trading 28.4% above its estimated fair value. The current EV-to-FCF is 35.51, which is near median its 10-year median of 34.37 and 2.5% above the Aerospace & Defense industry median of 34.66. RTX's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For RTX (RTX), the current EV-to-FCF is 35.51 as of Jun. 24, 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 (RTX) Overvalued in 2026?
Based on GuruFocus' analysis, RTX stock appears to be overvalued.
The current stock price of $185.06 is trading 28.4% above its estimated GF Value™ of $144.11.
GuruFocus considers RTX to be Modestly Overvalued.
Key valuation signals for RTX:
EV-to-FCF: 35.51 (near median its 10-year median of 34.37)
GF Value™: $144.11 vs. price of $185.06 (28.4% above fair value)
Industry Position: 2.5% above the Aerospace & Defense median (#92 of 180)
No single metric tells the full story. See the RTX 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
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