# RTX Corporation (RTX) FY2024 Annual P&L / Income Statement

- Company: RTX Corporation (RTX)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-03, accession number 0000101829-25-000005
- Page: https://plicit.ai/financials/rtx/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/rtx-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 80,738,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 74,200,000,000 US dollars
- **Operating profit**: 6,538,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 344,000,000 US dollars
- **Income from continuing operations before income taxes**: 6,194,000,000 US dollars
- **Income tax expense**: 1,181,000,000 US dollars
- **Net income from continuing operations attributable to common shareowners**: 4,774,000,000 US dollars
- **Products**: 59,612,000,000 US dollars
- **Services**: 21,126,000,000 US dollars
- **Total costs and expenses**: 74,068,000,000 US dollars
- **Other income (expense), net**: 132,000,000 US dollars
- **Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations**: negative 239,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/rtx/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/rtx-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment (Segment Financial Data (Disaggregation of Revenue)). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 80,738,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 74,200,000,000 US dollars
- **Operating profit**: 6,538,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 344,000,000 US dollars
- **Income from continuing operations before income taxes**: 6,194,000,000 US dollars
- **Income tax expense**: 1,181,000,000 US dollars
- **Net income from continuing operations attributable to common shareowners**: 4,774,000,000 US dollars
- **Collins Aerospace Systems**: 25,929,000,000 US dollars
- **Pratt and Whitney**: 28,064,000,000 US dollars
- **Raytheon**: 26,570,000,000 US dollars
- **Other Segments**: 175,000,000 US dollars
- **Total costs and expenses**: 74,068,000,000 US dollars
- **Other income (expense), net**: 132,000,000 US dollars
- **Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations**: negative 239,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment (2)

- Page: https://plicit.ai/financials/rtx/fy2024-annual-income-statement/revenue-by-business-segment-2
- Chart image: https://plicit.ai/charts/rtx-fy2024-annual-revenue-by-business-segment-2-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment (Segment Financial Data (Disaggregation of Revenue)) (2). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 80,738,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 74,200,000,000 US dollars
- **Operating profit**: 6,538,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 344,000,000 US dollars
- **Income from continuing operations before income taxes**: 6,194,000,000 US dollars
- **Income tax expense**: 1,181,000,000 US dollars
- **Net income from continuing operations attributable to common shareowners**: 4,774,000,000 US dollars
- **Collins Aerospace Systems**: 28,284,000,000 US dollars
- **Pratt and Whitney**: 28,066,000,000 US dollars
- **Raytheon**: 26,713,000,000 US dollars
- **Other Segments**: 0 US dollars
- **Total costs and expenses**: 74,068,000,000 US dollars
- **Other income (expense), net**: 132,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 83,063,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Intersegment Eliminations**: negative 2,325,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations**: negative 239,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Business Segment (3)

- Page: https://plicit.ai/financials/rtx/fy2024-annual-income-statement/revenue-by-business-segment-3
- Chart image: https://plicit.ai/charts/rtx-fy2024-annual-revenue-by-business-segment-3-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Business segment (Segment Financial Data (Segment Information)). Revenue and operating expenses use the reported business segments, including every corporate reconciling item. Segment operating costs are calculated as segment revenue less reported segment operating income.

- **Net sales**: 80,738,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 74,200,000,000 US dollars
- **Operating profit**: 6,538,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 344,000,000 US dollars
- **Income from continuing operations before income taxes**: 6,194,000,000 US dollars
- **Income tax expense**: 1,181,000,000 US dollars
- **Net income from continuing operations attributable to common shareowners**: 4,774,000,000 US dollars
- **Collins Aerospace Systems**: 28,284,000,000 US dollars
- **Pratt and Whitney**: 28,066,000,000 US dollars
- **Raytheon**: 26,713,000,000 US dollars
- **Collins Aerospace Systems costs (calculated)**: 24,149,000,000 US dollars
- **Pratt and Whitney costs (calculated)**: 26,051,000,000 US dollars
- **Raytheon costs (calculated)**: 24,119,000,000 US dollars
- **Reconciling items (calculated)**: negative 119,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 83,063,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Intersegment Eliminations**: negative 2,325,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations**: negative 239,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/rtx/fy2024-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/rtx-fy2024-annual-revenue-by-geography-sankey.png

Income statement for 2024-01-01 through 2024-12-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales**: 80,738,000,000 US dollars
- **Operating costs, including other operating expenses (calculated)**: 74,200,000,000 US dollars
- **Operating profit**: 6,538,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 344,000,000 US dollars
- **Income from continuing operations before income taxes**: 6,194,000,000 US dollars
- **Income tax expense**: 1,181,000,000 US dollars
- **Net income from continuing operations attributable to common shareowners**: 4,774,000,000 US dollars
- **UNITED STATES**: 46,087,000,000 US dollars
- **Europe**: 15,975,000,000 US dollars
- **Asia Pacific**: 10,893,000,000 US dollars
- **Middle East And North Africa**: 3,458,000,000 US dollars
- **Other Geographic Regions**: 4,325,000,000 US dollars
- **Total costs and expenses**: 74,068,000,000 US dollars
- **Other income (expense), net**: 132,000,000 US dollars
- **Less: Noncontrolling interest in subsidiaries’ earnings from continuing operations**: negative 239,000,000 US dollars. Reported below-tax contribution to net income.

### Chart connections

- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.
