Raytheon Historical Income Statement

RTX Stock  USD 120.34  0.27  0.22%   
Historical analysis of Raytheon Technologies income statement accounts such as Other Operating Expenses of 40.2 B, Operating Income of 4.8 B, EBIT of 4.7 B or Ebitda of 6.2 B can show how well Raytheon Technologies Corp performed in making a profits. Evaluating Raytheon Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Raytheon Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Raytheon Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Raytheon Technologies is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

About Raytheon Income Statement Analysis

Raytheon Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Raytheon Technologies shareholders. The income statement also shows Raytheon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Raytheon Technologies Income Statement Chart

At this time, Raytheon Technologies' Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 1.6 B in 2024, whereas Total Revenue is likely to drop slightly above 44.9 B in 2024.

Total Revenue

Total revenue comprises all receipts Raytheon Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Raytheon Technologies Corp minus its cost of goods sold. It is profit before Raytheon Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Raytheon Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Raytheon Technologies Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Raytheon Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Raytheon Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Raytheon Technologies' Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 1.6 B in 2024, whereas Total Revenue is likely to drop slightly above 44.9 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.3B1.5B1.6B
Depreciation And Amortization4.3B3.8B4.2B4.4B

Raytheon Technologies income statement Correlations

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0.960.640.220.710.04-0.030.160.710.64-0.06-0.2-0.05-0.240.740.13-0.32-0.33-0.3-0.61-0.28-0.62-0.820.80.46-0.53
0.510.640.760.980.640.560.680.980.920.51-0.150.480.410.950.4-0.010.1-0.03-0.02-0.11-0.26-0.230.280.050.06
0.030.220.760.630.940.910.90.60.80.890.160.820.810.60.740.240.550.290.5-0.230.160.16-0.29-0.230.26
0.620.710.980.630.490.40.551.00.890.36-0.230.340.260.970.29-0.09-0.04-0.13-0.17-0.08-0.35-0.340.430.14-0.01
-0.120.040.640.940.490.970.960.470.610.940.160.840.820.470.60.310.660.360.55-0.030.170.36-0.39-0.410.37
-0.18-0.030.560.910.40.970.930.380.540.990.360.910.80.370.550.30.790.340.59-0.160.20.37-0.44-0.320.28
0.050.160.680.90.550.960.930.530.650.870.10.790.730.540.540.20.620.260.47-0.010.050.22-0.2-0.470.37
0.620.710.980.61.00.470.380.530.860.33-0.240.310.230.970.24-0.09-0.06-0.14-0.2-0.06-0.38-0.330.450.14-0.01
0.510.640.920.80.890.610.540.650.860.52-0.070.530.420.860.56-0.050.14-0.060.06-0.27-0.08-0.350.250.070.01
-0.22-0.060.510.890.360.940.990.870.330.520.470.920.790.310.550.30.840.330.61-0.260.250.36-0.47-0.230.22
-0.22-0.2-0.150.16-0.230.160.360.1-0.24-0.070.470.470.18-0.310.11-0.010.69-0.030.34-0.750.150.04-0.30.38-0.36
-0.18-0.050.480.820.340.840.910.790.310.530.920.470.650.30.380.370.80.180.49-0.220.320.3-0.4-0.150.14
-0.39-0.240.410.810.260.820.80.730.230.420.790.180.650.210.750.470.510.560.83-0.130.260.57-0.66-0.480.56
0.650.740.950.60.970.470.370.540.970.860.31-0.310.30.210.26-0.05-0.06-0.12-0.2-0.02-0.33-0.370.460.10.01
-0.060.130.40.740.290.60.550.540.240.560.550.110.380.750.260.110.230.350.59-0.430.210.07-0.39-0.240.22
-0.36-0.32-0.010.24-0.090.310.30.2-0.09-0.050.3-0.010.370.47-0.050.110.190.410.330.150.240.49-0.47-0.180.22
-0.39-0.330.10.55-0.040.660.790.62-0.060.140.840.690.80.51-0.060.230.190.220.6-0.280.40.36-0.5-0.190.16
-0.44-0.3-0.030.29-0.130.360.340.26-0.14-0.060.33-0.030.180.56-0.120.350.410.220.480.16-0.110.57-0.6-0.360.42
-0.69-0.61-0.020.5-0.170.550.590.47-0.20.060.610.340.490.83-0.20.590.330.60.48-0.150.530.68-0.83-0.580.68
-0.22-0.28-0.11-0.23-0.08-0.03-0.16-0.01-0.06-0.27-0.26-0.75-0.22-0.13-0.02-0.430.15-0.280.16-0.150.020.42-0.02-0.590.52
-0.62-0.62-0.260.16-0.350.170.20.05-0.38-0.080.250.150.320.26-0.330.210.240.4-0.110.530.020.37-0.58-0.30.35
-0.89-0.82-0.230.16-0.340.360.370.22-0.33-0.350.360.040.30.57-0.370.070.490.360.570.680.420.37-0.86-0.610.68
0.920.80.28-0.290.43-0.39-0.44-0.20.450.25-0.47-0.3-0.4-0.660.46-0.39-0.47-0.5-0.6-0.83-0.02-0.58-0.860.45-0.52
0.450.460.05-0.230.14-0.41-0.32-0.470.140.07-0.230.38-0.15-0.480.1-0.24-0.18-0.19-0.36-0.58-0.59-0.3-0.610.45-0.86
-0.53-0.530.060.26-0.010.370.280.37-0.010.010.22-0.360.140.560.010.220.220.160.420.680.520.350.68-0.52-0.86
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Raytheon Technologies Account Relationship Matchups

Raytheon Technologies income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization4.7B3.9B4.3B3.8B4.2B4.4B
Interest Expense1.6B1.4B1.3B1.3B1.5B1.6B
Total Revenue77.0B56.6B64.4B67.1B68.9B44.9B
Gross Profit20.0B8.5B12.5B13.7B12.1B11.6B
Other Operating Expenses68.1B55.3B59.4B61.7B65.4B40.2B
Operating Income9.0B2.2B6.9B7.3B3.6B4.8B
Ebit9.0B(945M)6.3B7.4B3.6B4.7B
Ebitda13.6B2.9B10.6B11.2B3.6B6.2B
Cost Of Revenue57.1B48.1B51.9B53.4B56.8B33.3B
Total Operating Expenses11.0B7.2B7.5B8.3B8.6B6.9B
Income Before Tax8.2B(2.4B)4.9B6.0B3.8B4.2B
Total Other Income Expense Net(723M)(4.1B)(1.7B)(1.3B)275M288.8M
Net Income5.5B(2.9B)3.9B5.2B3.4B2.9B
Income Tax Expense2.3B575M786M700M456M433.2M
Research Development3.0B2.6B2.7B2.7B2.8B2.0B
Selling General Administrative8.5B5.5B3.1B3.7B4.0B6.0B
Net Income From Continuing Ops5.9B(2.9B)4.1B5.3B3.4B3.6B
Net Income Applicable To Common Shares5.5B(3.5B)3.9B5.2B4.7B3.7B
Minority Interest411M181M(248M)(130M)(185M)(175.8M)
Tax Provision2.3B575M786M700M456M433.2M
Interest Income162M1.4B1.3B1.3B100M95M
Extraordinary Items2.0B(410M)(33M)(19M)(17.1M)(16.2M)
Net Interest Income(1.6B)(1.4B)(1.3B)(1.3B)(1.6B)(1.6B)
Reconciled Depreciation3.8B4.2B4.6B4.1B4.2B4.0B

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