RTX announces strong 2024 financial results and positive 2025 outlook

In the fourth quarter alone, RTX achieved sales of $21.6 billion, up 9% compared to the same quarter in 2023. The adjusted EPS for this quarter was $1.54, reflecting a 19% growth year-over-year.

The company’s backlog has expanded to $218 billion, comprising $125 billion in commercial orders and $93 billion in defence contracts. This significant backlog underscores the strong demand for RTX’s products and services across both sectors.

Looking ahead to 2025, RTX projects adjusted sales between $83.0 billion and $84.0 billion, indicating an anticipated organic growth of 4% to 6%. The company also forecasts an adjusted EPS ranging from $6.00 to $6.15, alongside a free cash flow of $7.0 billion to $7.5 billion.

RTX President and CEO Chris Calio attributed the company’s strong performance to significant organic sales growth and margin expansion across all three business segments. He emphasized the company’s focus on executing commitments, driving innovation, and leveraging RTX’s scale as key factors contributing to confidence in the 2025 financial outlook.