Raytheon Technologies Corp

NYSE RTX

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Raytheon Technologies Corp Return on Common Equity 1 year YoY Change (%) for the quarter ending June 30, 2023: 0.29%

Raytheon Technologies Corp Return on Common Equity 1 year YoY Change (%) is 0.29% for the quarter ending June 30, 2023, a -98.84% change year over year. Return on common equity measures the profitability of a company relative to its common shareholders' equity. It is calculated by dividing the net income by the common stock (net). This ratio indicates how effectively a company generates profit for its common shareholders' equity investment. A higher return on common equity suggests better profitability and value creation for common shareholders. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Raytheon Technologies Corp Return on Common Equity for the quarter ending March 31, 2023 was 3.75%, a 29.73% change year over year.
  • Raytheon Technologies Corp Return on Common Equity for the quarter ending March 31, 2022 was 2.89%, a 42.01% change year over year.
  • Raytheon Technologies Corp Return on Common Equity for the quarter ending March 31, 2021 was 2.04%, a 666.43% change year over year.
  • Raytheon Technologies Corp Return on Common Equity for the quarter ending March 31, 2020 was -0.36%, a -106.02% change year over year.
NYSE: RTX

Raytheon Technologies Corp

CEO Mr. Gregory J. Hayes
IPO Date Jan. 2, 1970
Location United States
Headquarters 1000 Wilson Boulevard, Arlington, VA, United States, 22209
Employees 185,000
Sector Industrials
Industry Aerospace & defense
Description

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations. This segment also designs, produces, and supports cabin interior, including oxygen systems, food and beverage preparation, storage and galley systems, and lavatory and wastewater management systems; battlespace, test and training range systems, crew escape systems, and simulation and training solutions; information management services; and aftermarket services that include spare parts, overhaul and repair, engineering and technical support, training and fleet management solutions, and asset and information management services. Its Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers; and produces, sells, and services military and commercial auxiliary power units. The Raytheon segment provides defensive and offensive threat detection, tracking, and mitigation capabilities for U.S., foreign government, and commercial customers. The company was formerly known as Raytheon Technologies Corporation and changed its name to RTX Corporation in July 2023. RTX Corporation was incorporated in 1934 and is headquartered in Arlington, Virginia.

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StockViz Staff

September 19, 2024

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