RTX Reports Q1 2025 Results

Core Insights - RTX reported strong operational and financial performance in Q1 2025, with 8% organic sales growth and 10% adjusted EPS growth, alongside a 120 basis points segment margin expansion [1][2][5] - The company achieved reported and adjusted sales of $20.3 billion, reflecting a 5$1.47, up 10% from the previous year [2][4][5] - The company’s backlog reached $217 billion, with$125 billion in commercial and $92 billion in defense [5] Financial Performance - Reported sales for Q1 2025 were$20.3 billion, a 5% increase from $19.3 billion in Q1 2024 [4][5] - Net income attributable to common shareholders was$1.5 billion, down 10% from $1.7 billion in the prior year, while adjusted net income rose 11$2.0 billion [3][4][27] - Operating cash flow was $1.3 billion, with capital expenditures of$0.5 billion, resulting in free cash flow of $0.8 billion [3][5] Segment Performance - Collins Aerospace reported sales of$7.2 billion, an 8% increase year-over-year, driven by a 21% rise in commercial aftermarket sales [6][7] - Pratt & Whitney's sales increased by 14% to $7.4 billion, supported by a 28$6.3 billion, primarily due to the divestiture of its Cybersecurity, Intelligence and Services business [10][11] Outlook - RTX anticipates adjusted sales for the full year 2025 to be between $83.0 billion and$84.0 billion, with organic growth projected at 4% to 6% [5] - Adjusted EPS for the full year is expected to be in the range of $6.00 to$6.15 [5]