Rtx (RTX) Interest Coverage Ratio (2009 - 2024)
Rtx's Interest Coverage Ratio came in at 4.34 for Q4 2024, up 19.3% from 3.64 a year earlier and up 6.2% from the prior quarter.
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Analysis
Rtx (RTX) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
For FY2024, Rtx's Interest Coverage Ratio was 3.51, up 48.4% from FY2023.
- Going back by year, Interest Coverage Ratio was 2.37 in FY2023 (-45.1%), 4.31 in FY2022 (+11.0%), 3.89 in FY2021 and -1.38 in FY2020.
- The five-year range for quarterly Interest Coverage Ratio is -11.22 (Q2 2020) to 5.43 (Q4 2021).
- Year-over-year, Interest Coverage Ratio increased in three of the last six quarters, with an average decline of 4.2%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2021 (growth of 202.5%), and the weakest in Q4 2020 (a decline of 82.3%).
- Business Quant data shows RTX's Interest Coverage Ratio at 4.09 (Q3 2024), 1.11 (Q2 2024) and 4.62 (Q1 2024) in the three quarters before Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 311.51 Bn | 265.28 Bn | 4.68 Bn | -28.76 |
| 2 | Rtx | 260.81 Bn | 232.28 Bn | 5.13 Bn | - |
| 3 | Boeing | 150.42 Bn | 57.11 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 126.49 Bn | 113.21 Bn | 2.45 Bn | 9.32 |
| 5 | General Dynamics | 93.01 Bn | 80.13 Bn | 2.18 Bn | - |
| 6 | Howmet Aerospace | 84.65 Bn | 80.25 Bn | 951.00 Mn | - |
| 7 | Motorola Solutions | 76.78 Bn | 73.13 Bn | 1.68 Bn | 7.42 |
| 8 | Northrop Grumman | 75.94 Bn | 65.19 Bn | 2.12 Bn | 6.81 |
| 9 | Honeywell International | 67.59 Bn | 19.71 Bn | 3.65 Bn | 4.92 |
| 10 | TransDigm | 65.48 Bn | 53.49 Bn | 1.63 Bn | 2.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 4.34 |
| Sep 30, 2024 | 4.09 |
| Jun 30, 2024 | 1.11 |
| Mar 31, 2024 | 4.62 |
| Dec 31, 2023 | 3.64 |
| Sep 30, 2023 | -3.78 |
| Jun 30, 2023 | 4.48 |
| Mar 31, 2023 | 5.36 |
| Dec 31, 2022 | 4.69 |
| Sep 30, 2022 | 4.89 |
| Jun 30, 2022 | 4.11 |
| Mar 31, 2022 | 3.40 |
| Dec 31, 2021 | 5.43 |
| Sep 30, 2021 | 3.75 |
| Jun 30, 2021 | 3.75 |
| Mar 31, 2021 | 2.93 |
| Dec 31, 2020 | 0.41 |
| Sep 30, 2020 | 1.24 |
| Jun 30, 2020 | -11.22 |
| Mar 31, 2020 | 3.90 |
API Access
Rtx Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=RTX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "RTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=RTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();