RTX (RTX) ROCE % : 9.01% (As of Dec. 2024)

View and export this data going back to 1951. Start your Free Trial

What is RTX ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. RTX's annualized ROCE % for the quarter that ended in Dec. 2024 was 9.01%.

RTX ROCE % Historical Data

The historical data trend for RTX's ROCE % 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.

* Premium members only.

RTX ROCE % Chart

RTX Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-0.86

5.11

6.04

4.67

7.21

RTX Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															7.86	7.89	3.23	8.76	9.01

RTX ROCE % Calculation

RTX's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	8164	/	( ( (161869 - 46761)	+	(162861 - 51499) )	/ 2 )
	=	8164	/	( (115108	+	111362)	/ 2 )
	=	8164	/	113235
	=	7.21 %

RTX's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	10092	/	( ( (164822 - 52247)	+	(162861 - 51499) )	/ 2 )
	=	10092	/	( ( 112575	+	111362 )	/ 2 )
	=	10092	/	111968.5
	=	9.01 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

RTX (NYSE:RTX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

RTX ROCE % Related Terms

Thank you for viewing the detailed overview of RTX's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

RTX Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RTX Corp (NYSE:RTX) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

RTX:Mexico 5URd:UK 0R2N:UK 5UR:Germany RTX:Chile RTX:Canada RYTT34:Brazil RTX:Austria RTX:Argentina

Address

1000 Wilson Boulevard, Arlington, VA, USA, 22209

Website

https://www.rtx.com

RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market across three segments: 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.

Executives

Dantaya M Williams	officer: Chief Human Resources Officer	870 WINTER STREET, WALTHAM MA 02451
Gregory Hayes	officer: Vice President, Controller	870 WINTER STREET, WALTHAM MA 02451
Mitchill Neil G. Jr	officer: Vice President, Controller	UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Amy L Johnson	officer: Corporate VP and Controller	870 WINTER STREET, WALTHAM MA 02451
Christopher T. Calio	officer: Pres, Comm Engines, P&W	870 WINTER STREET, WALTHAM MA 02451
Ramsaran Maharajh	officer: EVP and General Counsel	870 WINTER STREET, WALTHAM MA 02451
Shane G Eddy	officer: President, P&W	870 WINTER STREET, WALTHAM MA 02451
Kevin G Dasilva	officer: Corporate VP and Treasurer	COVIDIEN LTD., 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Stephen J. Timm	officer: President, Collins Aerospace	870 WINTER STREET, WALTHAM MA 02451
Robert Kelly Ortberg	officer: CEO, Collins Aerospace Systems	870 WINTER STREET, WALTHAM MA 02451
Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Leanne G Caret	director	1000 WILSON BLVD, ARLINGTON VA 22209
Michael R Dumais	officer: SVP, Strategic Planning	870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson	director	MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Wesley D Kremer	officer: President, RMD	870 WINTER STREET, WALTHAM MA 02451