RTX
RTX returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 8.58% | 9.38% | — | 12.02% | 4.54% | 0.9 pp |
| FY 2026 Q1 | Mar 31, 2026 | 8.11% | 8.76% | — | 11.36% | 4.33% | 0.4 pp |
| FY 2025 Q4 | Dec 31, 2025 | 7.71% | 8.32% | — | 10.74% | 4.03% | 0 pp |
| FY 2025 Q3 | Sep 30, 2025 | 7.3% | 7.73% | 178.53% | 10.49% | 3.95% | -0.4 pp |
| FY 2025 Q2 | Jun 30, 2025 | 6.84% | 7.41% | 91.89% | 10.13% | 3.74% | -0.9 pp |
| FY 2025 Q1 | Mar 31, 2025 | 5.24% | 5.9% | 1,491.92% | 7.54% | 2.83% | -2.5 pp |
| FY 2024 Q4 | Dec 31, 2024 | 5.39% | 5.77% | — | 7.96% | 2.94% | -2.3 pp |
| FY 2024 Q3 | Sep 30, 2024 | 5.18% | 5.39% | — | 7.22% | 2.88% | -2.5 pp |
| FY 2024 Q2 | Jun 30, 2024 | 2.53% | 2.4% | — | 3.44% | 1.4% | -5.2 pp |
| FY 2024 Q1 | Mar 31, 2024 | 3.48% | 3.13% | — | 5.22% | 2.16% | -4.2 pp |
| FY 2023 Q4 | Dec 31, 2023 | 3.16% | 3.03% | — | 4.83% | 1.99% | -4.5 pp |
| FY 2023 Q3 | Sep 30, 2023 | 2.94% | 2.71% | -137.55% | 4.57% | 1.99% | -4.8 pp |
| FY 2023 Q2 | Jun 30, 2023 | 5.16% | 5.04% | 9.5% | 7.78% | 3.46% | -2.5 pp |
| FY 2023 Q1 | Mar 31, 2023 | 5.12% | 4.87% | 20.25% | 7.63% | 3.45% | -2.6 pp |
| FY 2022 Q4 | Dec 31, 2022 | 4.83% | 4.41% | 39.71% | 7.13% | 3.25% | -2.9 pp |
| FY 2022 Q3 | Sep 30, 2022 | 4.7% | 4.28% | 42.44% | 6.31% | 2.81% | -3 pp |
| FY 2022 Q2 | Jun 30, 2022 | 4.85% | 4.16% | 100.23% | 6.31% | 2.81% | -2.9 pp |
| FY 2022 Q1 | Mar 31, 2022 | 4.57% | 4.04% | — | 5.82% | 2.62% | -3.1 pp |
| FY 2021 Q4 | Dec 31, 2021 | 4.27% | 3.93% | — | 5.32% | 2.39% | -3.4 pp |
| FY 2021 Q3 | Sep 30, 2021 | 3.49% | 3.01% | — | 4.74% | 2.06% | -4.2 pp |
| FY 2021 Q2 | Jun 30, 2021 | 2.34% | 2.29% | — | 3.16% | 1.36% | -5.4 pp |
| FY 2021 Q1 | Mar 31, 2021 | — | -1.87% | — | -4.83% | -1.79% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | -1.63% | — | -6.18% | -2.33% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | -0.49% | — | -4.61% | -1.67% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 1.3% | — | -3.01% | -1.08% | — |
| FY 2020 Q1 | Mar 31, 2020 | 5.98% | 7.32% | — | 10.38% | 2.97% | -1.7 pp |
| FY 2019 Q4 | Dec 31, 2019 | 8.06% | 8.62% | 124.36% | 13.8% | 4.04% | 0.4 pp |
| FY 2019 Q3 | Sep 30, 2019 | 8.34% | 9.41% | 1.32% | 14% | 4% | 0.6 pp |
| FY 2019 Q2 | Jun 30, 2019 | 9.05% | 9.31% | 0.6% | 14.34% | 4.3% | 1.3 pp |
| FY 2019 Q1 | Mar 31, 2019 | 9.06% | 9.63% | 2.59% | 15.14% | 4.5% | 1.4 pp |
| FY 2018 Q4 | Dec 31, 2018 | 8.99% | 9.75% | 1.14% | 15.48% | 4.56% | 1.3 pp |
| FY 2018 Q3 | Sep 30, 2018 | 10.11% | 10.77% | -7.39% | 16.07% | 4.71% | 2.4 pp |
| FY 2018 Q2 | Jun 30, 2018 | 11.8% | 12.1% | -20.95% | 16.96% | 5.17% | 4.1 pp |
| FY 2018 Q1 | Mar 31, 2018 | 10.69% | 11.85% | -20.78% | 15.36% | 4.72% | 3 pp |
| FY 2017 Q4 | Dec 31, 2017 | 11.47% | 12.36% | -18.26% | 15.92% | 4.88% | 3.8 pp |
| FY 2017 Q3 | Sep 30, 2017 | 13.1% | 12.06% | 38.94% | 17.5% | 5.54% | 5.4 pp |
| FY 2017 Q2 | Jun 30, 2017 | 13.73% | 12.23% | 169.02% | 18.49% | 5.77% | 6 pp |
| FY 2017 Q1 | Mar 31, 2017 | 13.9% | 12.61% | 167.44% | 18.77% | 5.87% | 6.2 pp |
| FY 2016 Q4 | Dec 31, 2016 | 14.14% | 12.32% | 35.41% | 18.4% | 5.71% | 6.4 pp |
| FY 2016 Q3 | Sep 30, 2016 | 9.92% | 10.19% | — | 24.52% | 8.04% | 2.2 pp |
| FY 2016 Q2 | Jun 30, 2016 | 9.9% | 10.23% | — | 24.23% | 7.91% | 2.2 pp |
| FY 2016 Q1 | Mar 31, 2016 | 10.4% | 10.76% | — | 25.87% | 8.2% | 2.7 pp |
| FY 2015 Q4 | Dec 31, 2015 | 11% | 10.94% | — | 25.98% | 8.51% | 3.3 pp |
| FY 2015 Q3 | Sep 30, 2015 | 13.81% | 14.23% | — | 17.97% | 6.31% | 6.1 pp |
| FY 2015 Q2 | Jun 30, 2015 | 14.82% | 14.82% | — | 19.62% | 6.81% | 7.1 pp |
| FY 2015 Q1 | Mar 31, 2015 | 15.54% | 14.85% | — | 21.1% | 7.05% | 7.8 pp |
| FY 2014 Q4 | Dec 31, 2014 | 15.17% | 14.35% | — | 19.72% | 6.84% | 7.5 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 14.15% | — | 19.83% | 6.82% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 13.72% | — | 19.05% | 6.4% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 13.86% | — | 19.37% | 6.31% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | 13.8% | — | 19.8% | 6.36% | — |
| FY 2013 Q3 | Sep 30, 2013 | — | 13.05% | — | 23.59% | 6.93% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 13.79% | — | 25.4% | 7.71% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 14.59% | — | 24.92% | 8.08% | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 14.17% | — | 21.47% | 6.8% | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 14.57% | — | 18.5% | 5.72% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 16.49% | — | 19% | 6.3% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 18.84% | — | 19.26% | 7.02% | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 19.38% | — | 23.02% | 8.3% | — |
| FY 2011 Q3 | Sep 30, 2011 | — | 19.24% | — | 22.14% | 7.92% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 18.95% | — | 22.16% | 7.85% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 18.23% | — | 21.47% | 7.59% | — |
| FY 2010 Q4 | Dec 31, 2010 | — | 18.28% | — | 21.1% | 7.65% | — |
| FY 2010 Q3 | Sep 30, 2010 | — | 17.96% | — | 21.37% | 7.18% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 18.16% | — | 22.01% | 7.15% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · RTX, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.