RTX Corporation RTX
RTX Corporation scores average on business quality (4.8 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What RTX Corporation does
RTX builds commercial aerospace systems and defense technology, collecting revenue from global airlines and government defense contracts. It makes money by supplying engines, avionics, and missile defense systems.
- What it does best
RTX dominates commercial aerospace propulsion and defense integration, backed by a 20.4% gross margin. This edge comes from deep multi-decade program lifecycles and extreme switching costs for airlines and the Pentagon. Competitors like Boeing lag with a gross margin of just 4.7% due to manufacturing hurdles.
- The main risk
Supply chain bottlenecks and rising component costs threaten margin expansion across its defense and aerospace segments. With $37.9 billion in total debt and an operating margin of 11.2%, production delays directly compress cash flow.
Quality, check by check
Scored against its own industry, from company filings.
Operating margin stands at 11.2% with an FCF margin in the top quartile at the 53rd percentile. Margins are expanding from prior lows, but scale does not yield elite pricing power compared to peers.
Multi-decade defense programs create high switching costs for government clients. Its gross margin sits in the bottom quartile of its sector at the 14th percentile, limiting competitive insulation.
Revenue growth hit 9.7%, landing in the top quartile of its sector at the 74th percentile. This top-line acceleration builds on prior years, driven by strong commercial aerospace demand.
Total debt sits at $37.9 billion against $7.4 billion in cash, supported by interest coverage of 6.2x. Free cash flow reached $11.0 billion, showing significant improvement: getting stronger.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
4 sold $6.9M outside pre-planned sales.
Our sealed record on RTX
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
RTX Corporation scores average on the Cluenex quality check (4.8 of 10), measured against its own industry. Profitability is weak, moat weak, growth steady and financial health fair.
In the last 90 days of SEC Form 4 filings: 4 sold $6.9M outside pre-planned sales.
Oct 20, 2026, before the open.
See RTX today
- Today's verdict on RTX, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “RTX Corporation (RTX)”, https://cluenex.com/stocks/rtx/, data as of Oct 10, 2026.