How does RTX's 2024 earnings trend compare to peers?

Raytheon Technologies (RTX) shows a strong earnings trend compared to peers, with a net income of $5.31 billion as of December 31, 2024. This is particularly notable when considering the following points: 1. **Growth Consistency**: RTX has demonstrated consistent growth in net income over the past five years, with a cumulative net income of $31.31 billion from 2020 to 2024. 2. **Peer Comparison**: When compared to peers like Lockheed Martin (LMT), Northrop Grumman (NOC), and Boeing (BA), RTX's net income stands out. For instance, LMT's net income was $6.92 billion as of December 31, 2023, slightly higher than RTX's latest figure. However, LMT's net income has shown volatility, with a peak of $6.92 billion in 2023 and a lower $5.73 billion in 2022. 3. **Stability**: RTX's net income has remained relatively stable, without significant fluctuations, which is a positive indicator for financial planning and investor confidence. 4. **Market Position**: RTX's market position and recent contracts suggest strong demand and operational efficiency. The company's backlog, which stood at $175 billion as of the end of 2022, indicates a strong pipeline of future revenue. In conclusion, RTX's 2024 earnings trend is robust and competitive within the defense and aerospace sector, reflecting its market position and operational effectiveness. |code|Ticker|Name|Date|Net Income|market_code| |---|---|---|---|---|---| |LMT|LMT.N|Lockheed Martin|20150331|8.78E8|169| |BA|BA.N|The Boeing|20150331|1.336E9|169| |NOC|NOC.N|Northrop Grumman|20150331|4.84E8|169| |RTX|RTX.N|RTX|20150331|1.498E9|169| |GD|GD.N|General Dynamics|20150331|7.16E8|169| |LMT|LMT.N|Lockheed Martin|20150630|9.29E8|169| |BA|BA.N|The Boeing|20150630|1.11E9|169| |NOC|NOC.N|Northrop Grumman|20150630|5.31E8|169| |RTX|RTX.N|RTX|20150630|1.652E9|169| |GD|GD.N|General Dynamics|20150630|7.52E8|169|