From Yahoo Finance: 2025-06-09 09:32:00

RTX Corporation (RTX) shares were trading at $137.50 on June 3rd with a trailing P/E of 40.32 and a forward P/E of 22.68. RTX has a strong business model beyond aerospace and defense, with services accounting for 26.2% of total revenue and a global presence across 52 countries.

Shop visits for RTX surged by 30% in 2024, driven by the company being the sole provider certified to service its own engines. This has led to a shift towards high-margin, recurring cash flows, with services making up a significant portion of total revenue. RTX’s strong moat is supported by over 1,000 active patents and relationships with key government agencies.

International markets contributed 43% of RTX’s total business in 2024, showcasing the company’s global reach. With a $218 billion backlog and a strong focus on long-term customer relationships, RTX is positioned for continued success. The company’s strategy focuses on building long-lasting infrastructure and systems that are difficult to replace.



Read more at Yahoo Finance: RTX Corporation (RTX): A Bull Case Theory