January 28, 2026
Finance

RTX Corporation Surpasses Expectations with Robust Q4 2025 Performance Enhancing Analyst Outlooks

Strong revenue growth and adjusted earnings propel optimism for 2026 forecasts

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Summary

RTX Corporation reported solid financial results for the fourth quarter of 2025, with sales and adjusted earnings per share exceeding market expectations. The company projects moderate organic growth and improved earnings for 2026, prompting analysts to raise price targets. Despite positive outcomes, certain risks remain regarding future performance consistency and operational execution.

Key Points

RTX reported Q4 2025 sales of $24.238 billion, marking a 12% year-over-year increase.
GAAP diluted EPS reached $1.19, with adjusted EPS increasing 1% to $1.55, both surpassing analyst expectations.
For 2026, RTX forecasted adjusted sales between $92.0 billion and $93.0 billion with organic growth of 5% to 6%.
Analysts revised RTX price targets upward post-earnings, with UBS raising target to $208 and RBC Capital to $230.

RTX Corporation, listed on the New York Stock Exchange under the ticker RTX, announced its financial outcomes for the fourth quarter of 2025 on Tuesday, delivering results that surpassed analyst projections. The company recorded total sales amounting to $24.238 billion during this period, marking a 12% increase compared to the $21.623 billion posted in the equivalent quarter the previous year.

On the earnings front, RTX reported generally accepted accounting principles (GAAP) diluted earnings per share (EPS) of $1.19, an improvement from $1.10 per share recorded over the same timeframe a year earlier. It is important to note that this GAAP EPS figure incorporated acquisition accounting adjustments totaling $0.31, restructuring charges of $0.02, and other net significant and/or non-recurring items amounting to $0.03.

When adjusting for these special items, RTX's EPS increased by 1% to reach $1.55 per share. Both this adjusted EPS and the reported revenue exceeded Wall Street estimates, which predicted $1.47 in EPS and $22.737 billion in revenue. This performance indicates an operational execution above the anticipated levels.

Looking ahead to fiscal 2026, RTX has provided guidance that points to adjusted sales ranging between $92.0 billion and $93.0 billion, closely aligned with the consensus estimate of $92.461 billion. The company forecasts organic sales growth in the range of 5% to 6%, indicating an expected moderate expansion driven by existing business lines.

In terms of profitability, the adjusted earnings per share are projected to be between $6.60 and $6.80 for 2026, slightly diverging around the analyst consensus of $6.71. Additionally, RTX anticipates generating free cash flow in the range of $8.25 billion to $8.75 billion, reinforcing its capacity for cash generation and financial flexibility.

RTX’s Chairman and Chief Executive Officer, Chris Calio, commented on the results, stating, "RTX delivered strong sales, adjusted EPS and free cash flow in 2025, enabled by our continued focus on operational performance and execution." This statement highlights the company’s emphasis on operational efficiency as a key driver for its recent success.

Following the earnings release, RTX’s shares experienced a marginal increase, rising 0.1% to trade at $201.54 on the day after the announcement. Market analysts responded by updating their outlooks on the company’s stock.

UBS analyst Gavin Parsons maintained a Neutral rating on RTX but raised the price target from $199 to $208. Meanwhile, Ken Herbert from RBC Capital upheld an Outperform rating for RTX and increased his price target from $220 to $230. These adjustments suggest growing confidence in the company’s near-term prospects amid its demonstrated financial resilience.

The recent updates signal that while RTX is expected to continue delivering solid financial results, market participants remain attentive to the dynamics influencing future growth and profitability. The incremental increases in price targets reflect tempered optimism anchored in the company's performance trends, as well as the inherent uncertainties facing large industrial firms in a competitive environment.

Risks
  • Future performance may be impacted by operational execution challenges despite current achievements.
  • Organic sales growth depends on sustained demand, which may fluctuate due to market conditions.
  • Adjusted EPS guidance for 2026 shows a range that includes slight variance from analyst consensus, indicating earnings uncertainty.
  • Non-recurring items and acquisition accounting adjustments could affect comparability of earnings across periods.
Disclosure
Education only / not financial advice
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