Question 1

What is RTX's P/E ratio?

Accepted Answer

RTX (RTX) P/E ratio is 34.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for RTX?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For RTX specifically, the relevant sector benchmark is the current sector median of 27.8×.

Question 5

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

Accepted Answer

RTX's P/E ratio of 34.0× is below its own 5-year average of 35.6× and above the sector median of 27.8×. That places the current reading at the 36th 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/E ratio range?

Accepted Answer

In the available daily series, RTX (RTX) P/E ratio has ranged from a low of 5.3× in 2009 to a high of 74.9× in 2024. The 5-year average is 35.6× and the 5-year median is 34.2×.

Question 7

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

Accepted Answer

RTX (RTX) P/E ratio at the end of 2025 was 36.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$6.73B	36.6×	+4.3×	Dec 31, 2025
2024	$154.42B	$4.77B	32.3×	-3.3×	Dec 31, 2024
2023	$114.00B	$3.19B	35.7×	+7.2×	Dec 31, 2023
2022	$147.90B	$5.20B	28.5×	-4.7×	Dec 31, 2022
2021	$128.27B	$3.86B	33.2×	—	Dec 31, 2021
2020	$108.14B	−$3.52B	—	—	Dec 31, 2020
2019	$75.61B	$5.54B	13.7×	+3.8×	Dec 31, 2019
2018	$51.68B	$5.27B	9.8×	-3.2×	Dec 31, 2018
2017	$59.36B	$4.55B	13.0×	+2.8×	Dec 31, 2017
2016	$51.86B	$5.05B	10.3×	+3.9×	Dec 31, 2016
2015	$48.16B	$7.61B	6.3×	-3.4×	Dec 31, 2015
2014	$60.71B	$6.22B	9.8×	-0.8×	Dec 31, 2014
2013	$60.48B	$5.72B	10.6×	+2.1×	Dec 31, 2013
2012	$43.45B	$5.13B	8.5×	+0.8×	Dec 31, 2012
2011	$38.28B	$4.98B	7.7×	-1.9×	Dec 31, 2011
2010	$41.95B	$4.37B	9.6×	-0.2×	Dec 31, 2010
2009	$37.48B	$3.83B	9.8×	+3.5×	Dec 31, 2009
2008	$29.57B	$4.69B	6.3×	-3.9×	Dec 31, 2008
2007	$43.24B	$4.22B	10.2×	+0.6×	Dec 31, 2007
2006	$35.92B	$3.73B	9.6×	-1.0×	Dec 31, 2006
2005	$32.57B	$3.07B	10.6×	-0.6×	Dec 31, 2005
2004	$30.31B	$2.71B	11.2×	-0.6×	Dec 31, 2004
2003	$27.77B	$2.36B	11.8×	+4.1×	Dec 31, 2003
2002	$17.22B	$2.24B	7.7×	-1.6×	Dec 31, 2002
2001	$17.98B	$1.94B	9.3×	—	Dec 31, 2001


Lennox International (LII)	20.6×
Paychex (PAYX)	20.6×
Copart (CPRT)	20.4×
Otis Worldwide (OTIS)	20.2×
Union Pacific (UNP)	19.9×
Allegion (ALLE)	19.7×
Alamo Group (ALG)	19.6×
Carlisle Companies (CSL)	18.8×
Automatic Data Processing (ADP)	18.8×
Snap-on (SNA)	18.5×
Brady (BRC)	18.5×
Canadian National Railway (CNI)	18.4×
United Rentals (URI)	18.4×
Pool (POOL)	18.1×
McGrath RentCorp (MGRC)	17.5×
A. O. Smith (AOS)	17.4×
FedEx (FDX)	16.9×
Textron (TXT)	16.6×
United Parcel Service (UPS)	15.9×
ABM Industries (ABM)	15.2×
Gartner (IT)	14.9×
AGCO (AGCO)	10.9×
Delta Air Lines (DAL)	9.7×
United Airlines Holdings (UAL)	8.2×
Versant Media Group, Inc. Class A (VSNT)	6.3×

P/E Ratio for RTX (RTX)

P/E Ratio daily chart for RTX (RTX)

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

About P/E Ratio at RTX (RTX)

RTX P/E Ratio by Year

RTX P/E Ratio 2025: 36.6×

RTX P/E Ratio 2024: 32.3×

RTX P/E Ratio 2023: 35.7×

RTX P/E Ratio 2022: 28.5×

RTX P/E Ratio 2021: 33.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

RTX (RTX) Key Financials

P/E Ratio daily chart for RTX (RTX)

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

About P/E Ratio at RTX (RTX)

RTX P/E Ratio by Year

RTX P/E Ratio 2025: 36.6×

RTX P/E Ratio 2024: 32.3×

RTX P/E Ratio 2023: 35.7×

RTX P/E Ratio 2022: 28.5×

RTX P/E Ratio 2021: 33.2×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is RTX's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

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

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

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

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

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

RTX (RTX) Key Financials