Question 1

What is RTX's P/FCF ratio?

Accepted Answer

RTX (RTX) P/FCF ratio is 29.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for RTX?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For RTX specifically, the relevant sector benchmark is the current sector median of 24.3×.

Question 5

Is RTX's P/FCF ratio high or low?

Accepted Answer

RTX's P/FCF ratio of 29.5× is below its own 5-year average of 35.1× and above the sector median of 24.3×. That places the current reading at the 30th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is RTX's historical P/FCF ratio range?

Accepted Answer

In the available daily series, RTX (RTX) P/FCF ratio has ranged from a low of 5.0× in 2009 to a high of 80.6× in 2021. The 5-year average is 35.1× and the 5-year median is 33.2×.

Question 7

What was RTX's P/FCF ratio in 2025?

Accepted Answer

RTX (RTX) P/FCF ratio at the end of 2025 was 31.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does RTX's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$246.65B	$7.94B	31.1×	-6.7×	Dec 31, 2025
2024	$154.42B	$4.09B	37.8×	+14.7×	Dec 31, 2024
2023	$114.00B	$4.93B	23.1×	-9.4×	Dec 31, 2023
2022	$147.90B	$4.54B	32.6×	+5.6×	Dec 31, 2022
2021	$128.27B	$4.75B	27.0×	-42.6×	Dec 31, 2021
2020	$108.14B	$1.55B	69.6×	+57.6×	Dec 31, 2020
2019	$75.61B	$6.28B	12.0×	-0.8×	Dec 31, 2019
2018	$51.68B	$4.02B	12.9×	-5.5×	Dec 31, 2018
2017	$59.36B	$3.24B	18.3×	-11.2×	Dec 31, 2017
2016	$51.86B	$1.76B	29.5×	+18.0×	Dec 31, 2016
2015	$48.16B	$4.18B	11.5×	-0.6×	Dec 31, 2015
2014	$60.71B	$5.03B	12.1×	-1.5×	Dec 31, 2014
2013	$60.48B	$4.47B	13.5×	+1.8×	Dec 31, 2013
2012	$43.45B	$3.71B	11.7×	+4.9×	Dec 31, 2012
2011	$38.28B	$5.61B	6.8×	-1.5×	Dec 31, 2011
2010	$41.95B	$5.04B	8.3×	+0.0×	Dec 31, 2010
2009	$37.48B	$4.53B	8.3×	+2.3×	Dec 31, 2009
2008	$29.57B	$4.95B	6.0×	-4.4×	Dec 31, 2008
2007	$43.24B	$4.18B	10.4×	+1.0×	Dec 31, 2007
2006	$35.92B	$3.85B	9.3×	-0.2×	Dec 31, 2006
2005	$32.57B	$3.40B	9.6×	-0.9×	Dec 31, 2005
2004	$30.31B	$2.90B	10.4×	-1.4×	Dec 31, 2004
2003	$27.77B	$2.35B	11.8×	+4.2×	Dec 31, 2003
2002	$17.22B	$2.27B	7.6×	-1.0×	Dec 31, 2002
2001	$17.98B	$2.09B	8.6×	—	Dec 31, 2001


Alamo Group (ALG)	18.0×
Otis Worldwide (OTIS)	17.9×
Fortive (FTV)	17.9×
Allegion (ALLE)	17.8×
Snap-on (SNA)	17.6×
FedEx (FDX)	17.3×
Norfolk Southern (NSC)	16.9×
Gorman-Rupp (GRC)	16.2×
Automatic Data Processing (ADP)	15.8×
Paychex (PAYX)	15.6×
AGCO (AGCO)	15.4×
General Dynamics (GD)	15.3×
Carlisle Companies (CSL)	14.7×
Amentum Holdings (AMTM)	14.7×
Stanley Black & Decker (SWK)	14.4×
A. O. Smith (AOS)	14.2×
Huntington Ingalls Industries (HII)	14.1×
McGrath RentCorp (MGRC)	13.9×
Pool (POOL)	12.2×
Delta Air Lines (DAL)	11.1×
Builders FirstSource (BLDR)	10.5×
United Airlines Holdings (UAL)	9.4×
Gartner (IT)	8.8×
ABM Industries (ABM)	7.2×
Versant Media Group, Inc. Class A (VSNT)	2.7×

P/FCF Ratio for RTX (RTX)

P/FCF Ratio daily chart for RTX (RTX)

Historical P/FCF Ratio for RTX (RTX) from 2001 to 2025

About P/FCF Ratio at RTX (RTX)

RTX P/FCF Ratio by Year

RTX P/FCF Ratio 2025: 31.1×

RTX P/FCF Ratio 2024: 37.8×

RTX P/FCF Ratio 2023: 23.1×

RTX P/FCF Ratio 2022: 32.6×

RTX P/FCF Ratio 2021: 27.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

RTX (RTX) Key Financials

P/FCF Ratio daily chart for RTX (RTX)

Historical P/FCF Ratio for RTX (RTX) from 2001 to 2025

About P/FCF Ratio at RTX (RTX)

RTX P/FCF Ratio by Year

RTX P/FCF Ratio 2025: 31.1×

RTX P/FCF Ratio 2024: 37.8×

RTX P/FCF Ratio 2023: 23.1×

RTX P/FCF Ratio 2022: 32.6×

RTX P/FCF Ratio 2021: 27.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is RTX's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for RTX?

+Is RTX's P/FCF ratio high or low?

+What is RTX's historical P/FCF ratio range?

+What was RTX's P/FCF ratio in 2025?

+Why does RTX's P/FCF ratio change over time?

RTX (RTX) Key Financials