Shares of RTX Corporation (NYSE: RTX), the world’s largest aerospace and defense company, closed lower Tuesday after the company reported full-year 2025 financial results and issued its outlook for 2026.
RTX stock was trading around $195.40 at the close of regular trading, down approximately -0.5% intraday on Tuesday, Jan. 27, 2026, according to exchange data. Market capitalization stood near $262 billion based on Tuesday’s closing price and share count.
Quarterly Results
For the fourth quarter ended Dec. 31, 2025, RTX reported $24.2 billion in consolidated sales, up 12% from the year-ago period. Net income attributable to common shareowners for the quarter was $1.62 billion, an increase of 9% year-over-year. Earnings per share (diluted) were $1.19, compared with $1.10 a year earlier.
On an adjusted basis, fourth-quarter earnings per share were $1.55, up 1% from the prior year. Operating cash flow for the quarter was $4.2 billion with free cash flow of $3.2 billion. RTX reported a company backlog of $268 billion at year-end 2025.
Full-Year Results
For the full year 2025, RTX delivered:
• Sales of $88.6 billion, up 10% versus 2024.
• Net income attributable to common shareowners of $6.73 billion, up 41% from prior year.
• Full-year diluted EPS was $4.96 compared with $3.55 in 2024.
• Operating cash flow reached $10.6 billion with free cash flow of $7.9 billion.
Segment Results
RTX provided segment data for its core reporting units for the fourth quarter and full year:
Collins Aerospace recorded $7.74 billion in fourth-quarter sales, up 3% versus the prior year, and full-year sales of $30.20 billion, up 7%. Operating profit in the quarter was $1.40 billion and full-year operating profit was $4.92 billion.
Pratt & Whitney posted fourth-quarter sales of $9.50 billion, up 25% from Q4 2024, and full-year sales of $32.92 billion, up 17%. Quarterly operating profit was $773 million and full-year operating profit was $2.60 billion.
Raytheon segment sales totaled $7.66 billion for the quarter, up 7%, and $28.04 billion for the full year, up 5%. Operating profit in Q4 was $885 million with full-year operating profit of $3.23 billion.
Business and Operations Updates
The company reported the completion of the divestiture of the Collins Aerospace Simmonds Precision Products business during the period. RTX also noted the restart of contracts with an unspecified customer in the Middle East. Operationally, the company stated it is expanding production capacity for land and air defense systems, specifically citing increased demand for Patriot missiles.
In January 2026, the company’s Blue Canyon unit provided a satellite for an interstellar mission and Collins Aerospace signed three-year parts distribution agreements for C-130 wheels and brakes.
Outlook and Guidance
Alongside results, RTX issued its 2026 financial outlook, including expected adjusted sales of $92 billion to $93 billion and organic sales growth of 5% to 6%. The company also projected adjusted EPS in the range of $6.60 to $6.80 and free cash flow of $8.25 billion to $8.75 billion for 2026, framing these figures as part of its planning assumptions.
RTX said it expects continued sales, earnings, and free cash flow growth in 2026 with ongoing investments in production capacity and execution on its backlog.