RTX reported a solid fourth quarter with a 10% increase in sales, reaching $19.9 billion. GAAP EPS was $1.05, and adjusted EPS was $1.29, up 2% year-over-year. The company's free cash flow was $3.9 billion, and it ended the year with a record backlog of $196 billion.
Reported sales increased by 10% to $19.9 billion versus prior year.
GAAP EPS from continuing operations was $1.05, including acquisition accounting adjustments and a benefit from restructuring.
Adjusted EPS increased by 2% to $1.29 versus prior year.
Free cash flow was $3.9 billion.
RTX projects strong sales growth and continued segment margin expansion for 2024.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance