Raytheon Profit Margin vs Operating Income Analysis
RTX Stock | USD 101.38 0.18 0.18% |
Raytheon Technologies financial indicator trend analysis is much more than just breaking down Raytheon Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raytheon Technologies is a good investment. Please check the relationship between Raytheon Technologies Net Profit Margin and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Net Profit Margin vs Operating Income
Profit Margin vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytheon Technologies Profit Margin account and Operating Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Raytheon Technologies' Profit Margin and Operating Income is 0.78. Overlapping area represents the amount of variation of Profit Margin that can explain the historical movement of Operating Income in the same time period over historical financial statements of Raytheon Technologies Corp, assuming nothing else is changed. The correlation between historical values of Raytheon Technologies' Profit Margin and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Profit Margin of Raytheon Technologies Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Profit Margin i.e., Raytheon Technologies' Profit Margin and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.78 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Net Profit Margin
The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.Operating Income
Operating Income is the amount of profit realized from Raytheon Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Raytheon Technologies Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Raytheon Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raytheon Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Raytheon Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.07 in 2024, despite the fact that Discontinued Operations is likely to grow to (16.2 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 1.3B | 1.3B | 1.5B | 1.6B | Depreciation And Amortization | 4.6B | 4.1B | 4.2B | 4.4B |
Raytheon Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Raytheon Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Raytheon Technologies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 139.7B | 162.2B | 161.4B | 158.9B | 161.9B | 170.0B | |
Short Long Term Debt Total | 45.8B | 33.3B | 33.1B | 33.5B | 45.2B | 47.5B | |
Other Current Liab | 11.7B | 13.5B | 12.8B | 13.4B | 17.4B | 18.3B | |
Total Current Liabilities | 34.6B | 35.8B | 35.4B | 39.1B | 46.8B | 49.1B | |
Total Stockholder Equity | 41.8B | 72.2B | 73.1B | 72.6B | 59.8B | 62.8B | |
Property Plant And Equipment Net | 15.4B | 16.8B | 16.9B | 17.0B | 17.4B | 18.3B | |
Net Debt | 38.4B | 24.5B | 25.3B | 27.3B | 38.7B | 40.6B | |
Retained Earnings | 61.6B | 49.4B | 50.3B | 52.3B | 52.2B | 54.8B | |
Cash | 7.4B | 8.8B | 7.8B | 6.2B | 6.6B | 3.5B | |
Non Current Assets Total | 102.2B | 118.8B | 119.4B | 116.4B | 113.5B | 119.1B | |
Non Currrent Assets Other | 12.8B | 4.0B | 6.6B | 6.2B | 4.6B | 5.5B | |
Cash And Short Term Investments | 7.4B | 8.8B | 7.8B | 6.2B | 6.6B | 3.5B | |
Net Receivables | 17.7B | 19.2B | 21.0B | 20.6B | 23.0B | 24.1B | |
Common Stock Shares Outstanding | 863.9M | 1.4B | 1.5B | 1.5B | 1.4B | 1.1B | |
Liabilities And Stockholders Equity | 139.7B | 162.2B | 161.4B | 158.9B | 161.9B | 170.0B | |
Non Current Liabilities Total | 60.8B | 52.4B | 51.3B | 45.5B | 53.7B | 56.3B | |
Inventory | 11.0B | 9.4B | 9.2B | 10.6B | 11.8B | 6.9B | |
Other Current Assets | 1.5B | 5.9B | 4.0B | 5.0B | 7.1B | 7.4B | |
Other Stockholder Equity | (32.6B) | (10.4B) | (12.7B) | (15.5B) | (27.0B) | (25.6B) | |
Total Liab | 95.4B | 88.3B | 86.7B | 84.7B | 100.4B | 105.4B | |
Total Current Assets | 37.5B | 43.4B | 42.1B | 42.4B | 48.4B | 50.8B | |
Short Term Debt | 5.9B | 797M | 158M | 1.2B | 1.5B | 1.3B | |
Intangible Assets | 26.0B | 40.5B | 38.5B | 36.8B | 35.4B | 37.2B | |
Accounts Payable | 10.8B | 8.6B | 8.8B | 9.9B | 10.7B | 5.4B | |
Accumulated Other Comprehensive Income | (10.1B) | (3.7B) | (1.9B) | (2.0B) | (2.4B) | (2.5B) | |
Common Stock | 23.0B | 36.9B | 37.4B | 37.9B | 37.1B | 38.9B | |
Good Will | 48.1B | 54.3B | 54.4B | 53.8B | 53.7B | 29.8B | |
Common Stock Total Equity | 23.0B | 36.9B | 37.5B | 37.9B | 43.6B | 45.8B | |
Property Plant And Equipment Gross | 15.4B | 16.8B | 16.9B | 17.0B | 33.0B | 34.7B | |
Net Tangible Assets | (32.2B) | (22.6B) | (19.9B) | (18.0B) | (16.2B) | (17.0B) | |
Current Deferred Revenue | 6.2B | 12.9B | 13.7B | 14.6B | 17.2B | 9.2B | |
Noncontrolling Interest In Consolidated Entity | 2.5B | 1.7B | 1.6B | 1.5B | 1.8B | 1.8B | |
Retained Earnings Total Equity | 61.6B | 49.4B | 50.3B | 52.3B | 60.1B | 54.2B | |
Long Term Debt Total | 37.8B | 31.0B | 31.3B | 30.7B | 35.3B | 29.7B | |
Long Term Investments | 3.5B | 3.1B | 2.8B | 2.6B | 2.4B | 2.3B | |
Treasury Stock | (32.6B) | (10.4B) | (12.7B) | (15.5B) | (17.9B) | (18.8B) | |
Non Current Liabilities Other | 23.0B | 21.4B | 10.4B | 8.4B | 7.5B | 12.1B | |
Property Plant Equipment | 12.8B | 15.0B | 16.9B | 17.0B | 19.5B | 12.9B |
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When determining whether Raytheon Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Raytheon Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Raytheon Technologies Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Raytheon Technologies Corp Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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When running Raytheon Technologies' price analysis, check to measure Raytheon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytheon Technologies is operating at the current time. Most of Raytheon Technologies' value examination focuses on studying past and present price action to predict the probability of Raytheon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytheon Technologies' price. Additionally, you may evaluate how the addition of Raytheon Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Raytheon Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raytheon Technologies. If investors know Raytheon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raytheon Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.091 | Dividend Share 2.32 | Earnings Share 2.23 | Revenue Per Share 48.331 | Quarterly Revenue Growth 0.101 |
The market value of Raytheon Technologies is measured differently than its book value, which is the value of Raytheon that is recorded on the company's balance sheet. Investors also form their own opinion of Raytheon Technologies' value that differs from its market value or its book value, called intrinsic value, which is Raytheon Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raytheon Technologies' market value can be influenced by many factors that don't directly affect Raytheon Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raytheon Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raytheon Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raytheon Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.