Stock Analysis on Net
Stock Analysis on Net

RTX Corp. (NYSE:RTX)

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

RTX Corp., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net sales1 ÷ Total assets1
Dec 31, 2023 0.43 = 68,920 ÷ 161,869
Dec 31, 2022 0.42 = 67,074 ÷ 158,864
Dec 31, 2021 0.40 = 64,388 ÷ 161,404
Dec 31, 2020 0.35 = 56,587 ÷ 162,153
Dec 31, 2019 0.55 = 77,046 ÷ 139,716
Dec 31, 2018 0.50 = 66,501 ÷ 134,211
Dec 31, 2017 0.62 = 59,837 ÷ 96,920
Dec 31, 2016 0.64 = 57,244 ÷ 89,706
Dec 31, 2015 0.64 = 56,098 ÷ 87,484
Dec 31, 2014 0.71 = 65,100 ÷ 91,289
Dec 31, 2013 0.69 = 62,626 ÷ 90,594
Dec 31, 2012 0.65 = 57,708 ÷ 89,409
Dec 31, 2011 0.95 = 58,190 ÷ 61,452
Dec 31, 2010 0.93 = 54,326 ÷ 58,493
Dec 31, 2009 0.94 = 52,425 ÷ 55,762
Dec 31, 2008 1.03 = 58,043 ÷ 56,469
Dec 31, 2007 0.99 = 53,919 ÷ 54,575
Dec 31, 2006 1.00 = 47,118 ÷ 47,141
Dec 31, 2005 0.92 = 42,278 ÷ 45,925

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., total asset turnover, 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 0.43 0.57 0.73 0.60 0.40 0.60 1.29
Dec 31, 2022 0.42 0.49 0.69 0.59 0.39 0.57 1.25
Dec 31, 2021 0.40 0.45 0.58 0.58 0.36 0.53 1.32
Dec 31, 2020 0.35 0.38 0.50 0.56 0.29 0.51 1.29
Dec 31, 2019 0.55 0.57 0.65 0.65 0.33 0.63 1.26
Dec 31, 2018 0.50 0.86 0.66 0.70 0.37 0.72 1.20
Dec 31, 2017 0.62 1.01 0.55 0.63 0.30 0.68 1.10
Dec 31, 2016 0.64 1.05 0.48 0.65 0.30 0.73 0.99
Dec 31, 2015 0.64 1.02 0.56 0.67 0.21 0.78 0.94
Dec 31, 2014 0.71 0.91 0.62 0.67 0.16 0.89 1.23
Dec 31, 2013 0.69 0.93 0.62 0.62 0.15 0.86 1.25
Dec 31, 2012 0.65 0.92 0.71 0.46 0.15 0.90 1.22
Dec 31, 2011 0.95 0.86 0.70 0.90 0.13 0.92 1.23
Dec 31, 2010 0.93 0.94 0.62 0.79 0.13 0.88 1.31
Dec 31, 2009 0.94 1.10 0.49 0.73 0.13 0.86 1.29
Dec 31, 2008 1.03 1.13 0.71 0.92 0.14 1.03 1.28
Dec 31, 2007 0.99 1.13 0.75 0.97 0.13 1.02 1.45
Dec 31, 2006 1.00 1.19 0.76 1.08 0.14 1.01 1.40
Dec 31, 2005 0.92 0.91 0.72 1.09 0.14 0.86 1.34

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., total asset turnover, long-term trends, comparison to sector (capital goods)

Microsoft Excel
RTX Corp. Capital Goods
Dec 31, 2023 0.43 0.57
Dec 31, 2022 0.42 0.54
Dec 31, 2021 0.40 0.50
Dec 31, 2020 0.35 0.43
Dec 31, 2019 0.55 0.54
Dec 31, 2018 0.50 0.58
Dec 31, 2017 0.62 0.54
Dec 31, 2016 0.64 0.54
Dec 31, 2015 0.64 0.46
Dec 31, 2014 0.71 0.41
Dec 31, 2013 0.69 0.39
Dec 31, 2012 0.65 0.38
Dec 31, 2011 0.95 0.36
Dec 31, 2010 0.93 0.34
Dec 31, 2009 0.94 0.33
Dec 31, 2008 1.03 0.35
Dec 31, 2007 0.99 0.34
Dec 31, 2006 1.00 0.36
Dec 31, 2005 0.92 0.33

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., total asset turnover, long-term trends, comparison to industry (industrials)

Microsoft Excel
RTX Corp. Industrials
Dec 31, 2023 0.43 0.67
Dec 31, 2022 0.42 0.66
Dec 31, 2021 0.40 0.60
Dec 31, 2020 0.35 0.51
Dec 31, 2019 0.55 0.61
Dec 31, 2018 0.50 0.65
Dec 31, 2017 0.62 0.61
Dec 31, 2016 0.64 0.60
Dec 31, 2015 0.64 0.53
Dec 31, 2014 0.71 0.47
Dec 31, 2013 0.69 0.46
Dec 31, 2012 0.65 0.44
Dec 31, 2011 0.95 0.43
Dec 31, 2010 0.93 0.40
Dec 31, 2009 0.94 0.38
Dec 31, 2008 1.03 0.42
Dec 31, 2007 0.99 0.40
Dec 31, 2006 1.00 0.42
Dec 31, 2005 0.92 0.39

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).