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

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

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.