Who is more lucrative than LMT in aerospace defense?

Raytheon Technologies (RTX) appears to be more lucrative than Lockheed Martin (LMT) in the aerospace and defense industry, based on several key financial metrics and market indicators. Here's a detailed analysis to support this conclusion:

1. Revenue Growth Rate: RTX has a significantly higher revenue growth rate than LMT, with RTX's revenue increasing by 49.21% compared to LMT's 1.34% growth rate. This indicates a stronger revenue growth trajectory for RTX, which may be driven by the commercial aerospace sector's recovery and defense spending trends.
2. Diluted EPS Growth Rate: RTX's diluted EPS has grown by a remarkable 260.29% year-over-year, compared to LMT's 1.04% increase. This suggests that RTX is not only growing its top line but also generating more earnings per share, which is a key indicator of profitability and valuation potential.
3. Valuation Metrics: RTX's P/E ratio is 34.95, P/S ratio is 2.21, and P/B ratio is 2.7, which are higher than LMT's P/E ratio of 20.05, P/S ratio of 1.84, and P/B ratio of 18.59. This indicates that investors are currently willing to pay a premium for RTX's growth potential, which may be justified by its diversified business model and strong commercial aerospace presence.
4. Market Sentiment and Analyst Expectations: RTX has a more optimistic market sentiment, with a higher number of bullish options trades and a higher growth rate in diluted EPS. Analysts also have a higher EPS forecast for RTX, with projections of $5.50 - $5.58 for the full year 2024, compared to LMT's expected EPS of $26.65.
5. Recent Performance and Upcoming Opportunities: RTX has recently secured significant contracts and has a strong position in both defense and commercial aerospace, which positions it well for future growth. The company's strategic initiatives and solid financial results have contributed to a surge in value, with RTX's stock reaching an all-time high.
6. Innovation and Portfolio: RTX's innovation in areas like degaussing systems and its diverse portfolio of products and services make it well-positioned to capitalize on emerging markets and technologies.

While LMT remains a strong player in the defense industry, RTX's higher growth rate, more favorable valuation, and positive market sentiment make it the more lucrative choice at this time. However, investors should consider their investment strategy, risk tolerance, and the specific opportunities and challenges in the aerospace and defense sectors when making their decision.