RTX is executing a successful turnaround, with revenue growth accelerating to 14.5% in Q2 2026 and operating margin expanding to 11.4% from 2.7% in Q2 2024, driven by commercial aftermarket strength and cost discipline.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 14.5% in Q2 2026, with gross margin expanding to 20.8% from 18.2% in Q2 2024, while operating margin improved to 11.4% from 2.7% in the same period.
RTX reported Q1 2026 revenue of $22.08 billion and net income of $2.06 billion, raising full-year adjusted EPS guidance to $6.70–$6.90.
The company has a record backlog of $271 billion, benefiting from increased defense spending.
RTX increased its quarterly dividend by 7.4% to $0.73 per share, reflecting confidence in cash generation.
Ongoing reliability issues with Pratt & Whitney GTF engines have grounded 800+ aircraft globally.
The aerospace supply chain is described as 'brittle,' limiting RTX's ability to convert backlog into revenue.
RTX's stock trades at a P/E ratio of 32.72, suggesting it may be overvalued with little room for error.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 20, 2026 | $2.26+27.0% vs $1.78 | $25.0B+3.5% vs $24.1B |
Q3 2026 Jul 23, 2026 | $1.89+13.9% vs $1.66 | $24.7B+7.9% vs $22.9B |
Q2 2026 Apr 21, 2026 | $1.78+17.9% vs $1.51 | $22.1B+2.9% vs $21.5B |
Q1 2026 Jan 27, 2026 | $1.55+5.4% vs $1.47 | $24.2B+6.8% vs $22.7B |
Chicago Partners Investment Group LLC raised its position in shares of RTX Corporation (NYSE: RTX) by 32.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,530 shares of the company's stock after purchasing an additional 6,571 shares during the quarter.
Recent earnings from global defense companies show conventional weapons continue to drive growth, alongside surging demand for drones and advanced defense technologies. Hensoldt CFO Christian Ladurner told CNBC the firm saw growing demand for air defense systems as militaries confront a range of threats, from small drones to ballistic missiles.
While the broader market rallied, defense contractors got hammered after the midterms flipped Congress. A massive spending request now hangs in limbo, and one number on Lockheed's chart may reveal whether Wall Street sees a ceiling or a floor.
The blue wave is boosting the broader market but dragging down defense stocks.
Benchmark RTX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for RTX Corporation (RTX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $189.53 | $255.44B | 38.21 | 9.74% | 7.6% | 10.43% | 1.39% | |
| $567.08 | $130.88B | 26.39 | 5.65% | 8.23% | 78.85% | 2.38% | |
| $525.01 | $74.58B | 18.05 | 2.24% | 10.37% | 25.7% | 1.71% | |
| $354.06 | $95.79B | 22.90 | 10.13% | 8.24% | 17.6% | 1.64% | |
| $173.40 | $137.05B | 69.92 | 34.5% | 8.07% | 126.96% | 0.25% | |
| $288.74 | $11.38B | 18.76 | 8.23% | 5.42% | 13.95% | 1.88% |
RTX Corporation (RTX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
RTX Corporation (RTX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 20, 2026·SEC
Jul 23, 2026·SEC
May 4, 2026·SEC
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RTX Corporation (RTX) stock FAQ — growth, dividends, profitability & financials explained
RTX Corporation (RTX) reported $95.99B in revenue over the trailing twelve months. Revenue was $88.60B in fiscal year 2025. That is 289% more than the $22.79B of fiscal year 1996.
RTX Corporation (RTX) grew revenue by 9.7% in fiscal year 2025, compared with the prior fiscal year.
Yes. RTX Corporation (RTX) earned $8.53B in net income over the trailing twelve months (a 8.9% net margin).
Yes. RTX Corporation (RTX) pays a dividend that yields 1.39% at the current price, a moderate yield.
RTX Corporation (RTX) had a return on equity (ROE) of 10.4% in fiscal year 2025. That is in line with the market's typical 10-15%.
RTX Corporation (RTX) generated $10.04B in free cash flow over the trailing twelve months.
