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Sep 30, 2024
Raytheon Q3 2024 Earnings Report
RTX demonstrated robust operational performance and increased its 2024 outlook for adjusted sales and adjusted EPS.
Key Takeaways
RTX reported strong Q3 2024 results, with adjusted sales up 6% year-over-year and adjusted EPS up 16%. The company raised its full-year outlook for adjusted sales and adjusted EPS, driven by robust demand across its portfolio, particularly in commercial aftermarket and defense. RTX also highlighted its record $221 billion backlog, emphasizing its focus on strategic priorities to drive performance and create shareholder value.
Reported sales of $20.1 billion with adjusted sales up 6% versus prior year.
GAAP EPS was $1.09 and adjusted EPS of $1.45, up 16% versus prior year.
Operating cash flow of $2.5 billion and free cash flow of $2.0 billion.
Company backlog of $221 billion, including $131 billion of commercial and $90 billion of defense.
Raytheon
Raytheon
Raytheon Revenue by Segment
Revenue by Segment
Collins Aerospace Revenue
CapyFin.comPratt & Whitney Revenue
CapyFin.comRaytheon Revenue
CapyFin.com Forward Guidance
RTX updated its outlook for full year 2024.
Positive Outlook
- Adjusted sales of $79.25 - $79.75 billion, up from $78.75 - $79.5 billion
- Adjusted EPS of $5.50 - $5.58, up from $5.35 - $5.45
- Demand across portfolio remains robust.
- Focus on executing strategic priorities.
- Drive best-in-class performance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income