RTX Raytheon Technologies PE ratio, current and historical analysis
The current PE ratio for Raytheon Technologies stock as of Nov 21, 2024 is 34.54. This is calculated based on the TTM EPS of $3.49 and the stock price of $120.53 per share. The PE ratio marks a decrease of 18% from its last 4 quarters average of 42.3.
RTX PE ratio history
The average historical PE ratio of Raytheon Technologies for the last ten years is 79.61. The current P/E ratio of 34.54 is 57% lower than the historical average. Looking back at the last ten years, RTX's PE ratio peaked in the Jun 2020 quarter at 2,054, when the price was $61.62 and the EPS was $0.03. The lowest point was in the Dec 2015 quarter, when it reached 11.02 with a price of $96.07 and an EPS of $8.72.
Raytheon Technologies PE ratio by year
Maximum annual increase: 60.98% in 2016
Maximum annual decrease: -33.69% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 37.56 | 31.01% |
| 2022 | 28.67 | -14.39% |
| 2021 | 33.49 | N/A |
| 2020 | N/A | N/A |
| 2019 | 23.11 | 42.83% |
| 2018 | 16.18 | -26.95% |
| 2017 | 22.15 | 24.86% |
| 2016 | 17.74 | 60.98% |
| 2015 | 11.02 | -33.69% |
| 2014 | 16.62 | -7.25% |
RTX average PE ratio chart
The current PE ratio of RTX is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
RTX PE vs peers
In comparison to its peer stock TGI, RTX's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TGI Triumph Group Inc | 2.66 | $1.48B |
| RTX Raytheon Technologies Corp | 34.54 | $160.43B |
Frequently asked questions
What is Raytheon Technologies's PE ratio?
As of Nov 21, 2024, RTX stock has a price to earnings ratio of 34.54.
What is the 3-year average PE ratio for Raytheon Technologies (RTX)?
Over the last 3 years, the average price to earnings ratio for RTX stock is 34.24.
What is the 5-year average PE ratio for Raytheon Technologies (RTX)?
Over the last 5 years, the average price to earnings ratio for RTX stock is 152.9.
What is the highest PE ratio for RTX?
Over the last ten years, the Jun 2020 quarter recorded the highest quarterly PE ratio at 2,054.
How does the current PE ratio for RTX compare to its historical average?
The current PE ratio of RTX is 57% lower than the 10-year historical average.
How is RTX's PE ratio calculated (Raytheon Technologies PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Raytheon Technologies's share price is $120.53. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.49. Therefore, Raytheon Technologies's PE ratio for today is 34.54. PE RATIO(34.54) = STOCK PRICE($120.53) / TTM EPS($3.49)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.