Raytheon Technologies
RTX
#111
Rank
$129.67 B
Marketcap
$97.53
Share price
0.08%
Change (1 day)
0.75%
Change (1 year)

Operating Margin for Raytheon Technologies (RTX)

Operating Margin as of March 2024 (TTM): 8.98%

According to Raytheon Technologies's latest financial reports and stock price the company's current Operating Margin is 8.98%. At the end of 2022 the company had an Operating Margin of 8.99%.

Operating Margin history for Raytheon Technologies from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20228.99%17.33%
20217.66%-284.17%
2020-4.16%-138.87%
201910.70%-14.07%
201812.45%-4.03%
201712.97%4.12%
201612.46%8.09%
201511.53%-15.55%
201413.65%2.85%
201313.27%10.83%
201211.98%-8.37%
201113.07%8.6%
201012.03%10.57%
200910.88%-7.91%
200811.82%1.39%
200711.66%1.53%
200611.48%4.74%
200510.96%-0.05%
200410.97%-1.91%
200311.18%-3.71%
200211.61%15.41%
200110.06%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-2.59%-128.84%๐Ÿ‡บ๐Ÿ‡ธ USA
8.98% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.