Return on Equity (ROE)
since 2005
Calculation
RTX Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income (loss) attributable to common shareowners1 | ÷ | Shareowners’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 5.34% | = | 100 | × | 3,195) | ÷ | 59,798) |
| Dec 31, 2022 | 7.16% | = | 100 | × | 5,197) | ÷ | 72,632) |
| Dec 31, 2021 | 5.29% | = | 100 | × | 3,864) | ÷ | 73,068) |
| Dec 31, 2020 | -4.88% | = | 100 | × | (3,519) | ÷ | 72,163) |
| Dec 31, 2019 | 13.25% | = | 100 | × | 5,537) | ÷ | 41,774) |
| Dec 31, 2018 | 13.70% | = | 100 | × | 5,269) | ÷ | 38,446) |
| Dec 31, 2017 | 15.37% | = | 100 | × | 4,552) | ÷ | 29,610) |
| Dec 31, 2016 | 18.33% | = | 100 | × | 5,055) | ÷ | 27,579) |
| Dec 31, 2015 | 27.81% | = | 100 | × | 7,608) | ÷ | 27,358) |
| Dec 31, 2014 | 19.93% | = | 100 | × | 6,220) | ÷ | 31,213) |
| Dec 31, 2013 | 17.95% | = | 100 | × | 5,721) | ÷ | 31,866) |
| Dec 31, 2012 | 19.80% | = | 100 | × | 5,130) | ÷ | 25,914) |
| Dec 31, 2011 | 22.76% | = | 100 | × | 4,979) | ÷ | 21,880) |
| Dec 31, 2010 | 20.45% | = | 100 | × | 4,373) | ÷ | 21,385) |
| Dec 31, 2009 | 19.08% | = | 100 | × | 3,829) | ÷ | 20,066) |
| Dec 31, 2008 | 29.46% | = | 100 | × | 4,689) | ÷ | 15,917) |
| Dec 31, 2007 | 19.78% | = | 100 | × | 4,224) | ÷ | 21,355) |
| Dec 31, 2006 | 21.58% | = | 100 | × | 3,732) | ÷ | 17,297) |
| Dec 31, 2005 | 18.06% | = | 100 | × | 3,069) | ÷ | 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., ROE, long-term trends, comparison to competitors
| RTX Corp. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 5.34% | — | 53.02% | 16.90% | 34.63% | 35.68% | 101.24% |
| Dec 31, 2022 | 7.16% | — | 42.25% | 14.45% | 0.62% | 29.74% | 61.86% |
| Dec 31, 2021 | 5.29% | — | 39.37% | 13.06% | -16.17% | 29.85% | 57.62% |
| Dec 31, 2020 | -4.88% | — | 19.56% | 9.44% | 16.04% | 27.23% | 113.60% |
| Dec 31, 2019 | 13.25% | — | 41.77% | 13.75% | -17.58% | 33.22% | 199.23% |
| Dec 31, 2018 | 13.70% | 3,085.55% | 43.79% | 13.32% | -72.16% | 37.21% | 361.98% |
| Dec 31, 2017 | 15.37% | 2,309.01% | 5.50% | 17.30% | -9.00% | 9.58% | — |
| Dec 31, 2016 | 18.33% | 599.14% | -0.51% | 12.90% | 11.65% | 24.83% | 350.89% |
| Dec 31, 2015 | 27.81% | 81.70% | 14.19% | 13.03% | -6.23% | 26.08% | 116.40% |
| Dec 31, 2014 | 19.93% | 62.85% | 22.06% | 11.36% | 11.89% | 24.01% | 106.29% |
| Dec 31, 2013 | 17.95% | 30.82% | 18.21% | 11.08% | 10.00% | 22.47% | 60.61% |
| Dec 31, 2012 | 19.80% | 66.47% | 32.40% | 8.07% | 11.09% | 22.55% | 7,038.46% |
| Dec 31, 2011 | 22.76% | 114.31% | 38.25% | 18.07% | 12.15% | 19.13% | 265.23% |
| Dec 31, 2010 | 20.45% | 119.56% | 24.94% | 12.62% | 9.79% | 18.96% | 78.91% |
| Dec 31, 2009 | 19.08% | 61.65% | 10.24% | 5.65% | 9.40% | 24.34% | 73.24% |
| Dec 31, 2008 | 29.46% | — | 58.44% | 16.75% | 16.63% | 38.85% | 112.29% |
| Dec 31, 2007 | 19.78% | 45.25% | 39.86% | 19.22% | 19.22% | 26.50% | 30.93% |
| Dec 31, 2006 | 21.58% | 46.74% | 51.57% | 23.14% | 18.55% | 21.43% | 36.74% |
| Dec 31, 2005 | 18.06% | 23.26% | 33.85% | 21.31% | 14.95% | 14.71% | 23.20% |
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., ROE, long-term trends, comparison to sector (capital goods)
| RTX Corp. | Capital Goods | |
|---|---|---|
| Dec 31, 2023 | 5.34% | 27.89% |
| Dec 31, 2022 | 7.16% | 13.39% |
| Dec 31, 2021 | 5.29% | 8.48% |
| Dec 31, 2020 | -4.88% | 4.42% |
| Dec 31, 2019 | 13.25% | 18.11% |
| Dec 31, 2018 | 13.70% | 11.28% |
| Dec 31, 2017 | 15.37% | 10.13% |
| Dec 31, 2016 | 18.33% | 20.08% |
| Dec 31, 2015 | 27.81% | 10.42% |
| Dec 31, 2014 | 19.93% | 18.16% |
| Dec 31, 2013 | 17.95% | 15.14% |
| Dec 31, 2012 | 19.80% | 17.58% |
| Dec 31, 2011 | 22.76% | 19.63% |
| Dec 31, 2010 | 20.45% | 15.88% |
| Dec 31, 2009 | 19.08% | 13.47% |
| Dec 31, 2008 | 29.46% | 24.97% |
| Dec 31, 2007 | 19.78% | 22.64% |
| Dec 31, 2006 | 21.58% | 22.16% |
| Dec 31, 2005 | 18.06% | 17.27% |
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., ROE, long-term trends, comparison to industry (industrials)
| RTX Corp. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 5.34% | 27.68% |
| Dec 31, 2022 | 7.16% | 15.53% |
| Dec 31, 2021 | 5.29% | 16.58% |
| Dec 31, 2020 | -4.88% | 3.94% |
| Dec 31, 2019 | 13.25% | 13.76% |
| Dec 31, 2018 | 13.70% | 17.74% |
| Dec 31, 2017 | 15.37% | 17.95% |
| Dec 31, 2016 | 18.33% | 21.48% |
| Dec 31, 2015 | 27.81% | 13.44% |
| Dec 31, 2014 | 19.93% | 19.42% |
| Dec 31, 2013 | 17.95% | 16.37% |
| Dec 31, 2012 | 19.80% | 17.53% |
| Dec 31, 2011 | 22.76% | 19.87% |
| Dec 31, 2010 | 20.45% | 16.43% |
| Dec 31, 2009 | 19.08% | 12.98% |
| Dec 31, 2008 | 29.46% | 23.45% |
| Dec 31, 2007 | 19.78% | 20.40% |
| Dec 31, 2006 | 21.58% | 21.29% |
| Dec 31, 2005 | 18.06% | 16.98% |
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).