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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.

Last price$185.97Oct 10, 2026
Business qualityAverage
Next earningsOct 20, 2026, before the open
Insiders, 90 daysSelling

Why it matters

  1. 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.

  2. 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.

  3. 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.

ProfitabilityWeak

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.

MoatWeak

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.

GrowthSteady

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.

Financial healthFair

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

Is RTX a good business?

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.

Are insiders buying RTX?

In the last 90 days of SEC Form 4 filings: 4 sold $6.9M outside pre-planned sales.

When does RTX report earnings?

Oct 20, 2026, before the open.

For members

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
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Cite this page: Cluenex, “RTX Corporation (RTX)”, https://cluenex.com/stocks/rtx/, data as of Oct 10, 2026.