Stock Analysis on Net
Stock Analysis on Net

RTX Corp. (NYSE:RTX)

Debt to Equity
since 2005

Microsoft Excel

Calculation

RTX Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Short-term borrowings and long-term debt1 ÷ Shareowners’ equity1
Dec 31, 2023 0.73 = 43,827 ÷ 59,798
Dec 31, 2022 0.44 = 31,914 ÷ 72,632
Dec 31, 2021 0.43 = 31,485 ÷ 73,068
Dec 31, 2020 0.44 = 31,823 ÷ 72,163
Dec 31, 2019 1.04 = 43,648 ÷ 41,774
Dec 31, 2018 1.18 = 45,537 ÷ 38,446
Dec 31, 2017 0.93 = 27,485 ÷ 29,610
Dec 31, 2016 0.87 = 23,901 ÷ 27,579
Dec 31, 2015 0.75 = 20,425 ÷ 27,358
Dec 31, 2014 0.63 = 19,794 ÷ 31,213
Dec 31, 2013 0.64 = 20,241 ÷ 31,866
Dec 31, 2012 0.90 = 23,221 ÷ 25,914
Dec 31, 2011 0.47 = 10,260 ÷ 21,880
Dec 31, 2010 0.48 = 10,289 ÷ 21,385
Dec 31, 2009 0.49 = 9,744 ÷ 20,066
Dec 31, 2008 0.72 = 11,476 ÷ 15,917
Dec 31, 2007 0.43 = 9,148 ÷ 21,355
Dec 31, 2006 0.46 = 7,931 ÷ 17,297
Dec 31, 2005 0.48 = 8,240 ÷ 16,991

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

RTX Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
RTX Corp. Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. Lockheed Martin Corp.
Dec 31, 2023 0.73 — 1.94 0.49 0.77 1.29 2.55
Dec 31, 2022 0.44 — 2.33 0.51 0.89 1.17 1.68
Dec 31, 2021 0.43 — 2.29 0.52 0.87 1.06 1.07
Dec 31, 2020 0.44 — 2.42 0.54 2.11 1.28 2.02
Dec 31, 2019 1.04 — 2.58 0.52 3.21 0.87 4.05
Dec 31, 2018 1.18 40.85 2.60 0.47 3.55 0.89 9.04
Dec 31, 2017 0.93 31.32 2.55 0.45 2.09 1.04 —
Dec 31, 2016 0.87 12.18 2.80 0.56 1.80 0.81 9.45
Dec 31, 2015 0.75 1.57 2.57 0.56 2.02 0.66 4.62
Dec 31, 2014 0.63 1.05 2.35 0.57 2.85 0.49 1.81
Dec 31, 2013 0.64 0.65 1.81 0.57 2.93 0.51 1.25
Dec 31, 2012 0.90 1.77 2.29 0.72 3.37 0.58 157.90
Dec 31, 2011 0.47 3.52 2.69 0.51 3.89 0.70 6.45
Dec 31, 2010 0.48 4.49 2.63 0.47 4.02 0.62 1.35
Dec 31, 2009 0.49 6.07 3.62 0.51 4.35 0.86 1.22
Dec 31, 2008 0.72 — 5.84 0.68 5.00 1.17 1.24
Dec 31, 2007 0.43 0.91 3.20 0.66 4.45 0.83 0.44
Dec 31, 2006 0.46 2.01 3.98 0.63 3.85 0.52 0.64
Dec 31, 2005 0.48 0.97 3.05 0.65 3.39 0.45 0.61

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Capital Goods)

RTX Corp., debt to equity, long-term trends, comparison to sector (capital goods)

Microsoft Excel
RTX Corp. Capital Goods
Dec 31, 2023 0.73 1.54
Dec 31, 2022 0.44 1.33
Dec 31, 2021 0.43 1.26
Dec 31, 2020 0.44 1.75
Dec 31, 2019 1.04 2.08
Dec 31, 2018 1.18 2.03
Dec 31, 2017 0.93 1.74
Dec 31, 2016 0.87 1.60
Dec 31, 2015 0.75 1.64
Dec 31, 2014 0.63 2.06
Dec 31, 2013 0.64 2.00
Dec 31, 2012 0.90 2.56
Dec 31, 2011 0.47 3.04
Dec 31, 2010 0.48 3.10
Dec 31, 2009 0.49 3.46
Dec 31, 2008 0.72 4.19
Dec 31, 2007 0.43 3.21
Dec 31, 2006 0.46 3.02
Dec 31, 2005 0.48 2.53

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Industrials)

RTX Corp., debt to equity, long-term trends, comparison to industry (industrials)

Microsoft Excel
RTX Corp. Industrials
Dec 31, 2023 0.73 1.43
Dec 31, 2022 0.44 1.32
Dec 31, 2021 0.43 1.25
Dec 31, 2020 0.44 1.73
Dec 31, 2019 1.04 1.86
Dec 31, 2018 1.18 1.87
Dec 31, 2017 0.93 1.65
Dec 31, 2016 0.87 1.55
Dec 31, 2015 0.75 1.52
Dec 31, 2014 0.63 1.86
Dec 31, 2013 0.64 1.77
Dec 31, 2012 0.90 2.24
Dec 31, 2011 0.47 2.56
Dec 31, 2010 0.48 2.63
Dec 31, 2009 0.49 2.92
Dec 31, 2008 0.72 3.45
Dec 31, 2007 0.43 2.72
Dec 31, 2006 0.46 2.46
Dec 31, 2005 0.48 2.11

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).