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RTX logoRTX Corporation (RTX) P/E Ratio History

Historical price-to-earnings valuation from 1990 to 2026

Current P/E
34.9
Fair Value
5Y Avg P/E
36.0
-3% vs avg
PE Percentile
55%
Average
PEG Ratio
N/A
N/A
TTM EPS$5.32
Price$172.87
5Y PE Range26.0 - 59.2
Earnings Yield2.87%

Loading P/E history...

RTX Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
34.9vs36.0
-3%
In Line with History
vs. Industrials
34.9vs25.7
+36%
Above Sector
vs. S&P 500
34.9vs25.1
+39%
Above Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on 40% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 6, 2026, RTX Corporation (RTX) trades at a price-to-earnings ratio of 34.9x, with a stock price of $172.87 and trailing twelve-month earnings per share of $5.32.

The current P/E is roughly in line with its 5-year average of 36.0x. Over the past five years, RTX's P/E has ranged from a low of 26.0x to a high of 59.2x, placing the current valuation at the 55th percentile of its historical range.

Compared to the Industrials sector median P/E of 25.7x, RTX trades at a 36% premium to its sector peers. The sector includes 416 companies with P/E ratios ranging from 0.0x to 183.1x.

Relative to the broader market, RTX commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our RTX DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

RTX P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
LMT logoLMTLockheed Martin Corporation
$117B23.7--4%
NOC logoNOCNorthrop Grumman Corporation
$79B19.2Lowest2.17+3%
GD logoGDGeneral Dynamics Corporation
$94B22.63.21+13%
BA logoBAThe Boeing Company
$177B90.5-+114%Best
HII logoHIIHuntington Ingalls Industries, Inc.
$13B21.2-+10%
LHX logoLHXL3Harris Technologies, Inc.
$57B35.53.38+8%
TDG logoTDGTransDigm Group Incorporated
$67B37.11.19Best+25%
GE logoGEGE Aerospace
$300B35.12.98+36%
HWM logoHWMHowmet Aerospace Inc.
$97B65.41.29+32%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

RTX Historical P/E Data (1990–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2026 Q1$192.90$5.3336.2x+154%
FY2025 Q4Wed Dec 31 2025 00:00:00 GM$183.40$4.9637.0x+160%
FY2025 Q3$167.33$4.8734.4x+141%
FY2025 Q2Mon Jun 30 2025 00:00:00 GM$146.02$4.5532.1x+125%
FY2025 Q1Mon Mar 31 2025 00:00:00 GM$132.46$3.4138.8x+173%
FY2024 Q4$115.72$3.5532.6x+129%
FY2024 Q3Mon Sep 30 2024 00:00:00 GM$121.16$3.5034.6x+143%
FY2024 Q2Sun Jun 30 2024 00:00:00 GM$100.39$1.7358.0x+308%
FY2024 Q1Sun Mar 31 2024 00:00:00 GM$97.53$2.5538.2x+169%
FY2023 Q4Sun Dec 31 2023 00:00:00 GM$84.14$2.2437.6x+164%
FY2023 Q3Sat Sep 30 2023 00:00:00 GM$71.97$2.1533.5x+135%
FY2023 Q2Fri Jun 30 2023 00:00:00 GM$97.96$3.7726.0x+83%

Average P/E for displayed period: 14.2x

Full RTX Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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Should I Buy RTX Right Now?

Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.

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See RTX's True Return

Price is only half the story. See total return with reinvested dividends.

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Is RTX Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare RTX vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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RTX — Frequently Asked Questions

Quick answers to the most common questions about buying RTX stock.

Is RTX stock overvalued or undervalued?

RTX trades at 34.9x P/E, near its 5-year average of 36.0x. The 55th percentile ranking places valuation within normal historical bounds.

How does RTX's valuation compare to peers?

RTX Corporation P/E of 34.9x compares to sector median of 25.7x. The premium reflects expected growth above peers.

What is RTX's PEG ratio?

RTX PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1990-2026.

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RTX P/E Ratio History (1990–2026)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.