Rtx (RTX) Long-Term Deferred Tax (2009 - 2020)
Rtx (RTX) posted quarterly Long-Term Deferred Tax of $699.0 million for Q3 2020, down 58.86% year-on-year from $1.7 billion in Q4 2019, and down 4.51% on a QoQ basis from $732.0 million in Q2 2020.
Rtx (RTX) Long-Term Deferred Tax (2009 - 2020) Analysis & Trends
Rtx (RTX) has reported Long-Term Deferred Tax for 12 consecutive years, with $699.0 million the latest figure, recorded in Q3 2020.
- Quarterly Long-Term Deferred Tax fell 58.86% year-over-year to $699.0 million in Q3 2020, while the trailing twelve-month figure through Sep 2020 was $699.0 million (down 58.86% YoY) and the FY2019 annual result came in at $884.0 million, down 81.1% from the prior year.
- Long-Term Deferred Tax retreated to $699.0 million in Q3 2020 per RTX's latest filing, from $732.0 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for RTX reached as high as $5.7 billion in Q4 2016 and fell as low as $699.0 million in Q3 2020.
- A 5-year average of $2.1 billion and a median of $1.7 billion in 2017 frame the typical range for Long-Term Deferred Tax.
- Annual changes were most pronounced in 2016 — Long-Term Deferred Tax soared 31.62% — and 2019, when it tumbled 81.1%.
- Year by year, Long-Term Deferred Tax stood at $5.7 billion in 2016, then sank by 33.5% to $3.8 billion in 2017, then climbed by 23.27% to $4.7 billion in 2018, then slumped by 81.1% to $884.0 million in 2019, then fell by 20.93% to $699.0 million in 2020.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $699.0 million, $732.0 million, and $1.4 billion for Q3 2020, Q2 2020, and Q1 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 373.11 Bn | 363.77 Bn | -3.10 Bn |
| 2 | Rtx | 288.23 Bn | 279.93 Bn | 9.91 Bn |
| 3 | Boeing | 167.89 Bn | 147.87 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 132.16 Bn | 128.37 Bn | 2.45 Bn |
| 5 | Howmet Aerospace | 112.88 Bn | 110.45 Bn | 854.00 Mn |
| 6 | General Dynamics | 102.49 Bn | 98.16 Bn | 6.76 Bn |
| 7 | Northrop Grumman | 75.87 Bn | 73.56 Bn | 3.72 Bn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn |
| 9 | L3Harris Technologies | 50.89 Bn | 50.30 Bn | 1.40 Bn |
| 10 | Heico | 49.64 Bn | 49.43 Bn | 569.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2020 | 699.00 Mn |
| Jun 30, 2020 | 732.00 Mn |
| Mar 31, 2020 | 1.44 Bn |
| Dec 31, 2019 | 884.00 Mn |
| Sep 30, 2019 | 1.70 Bn |
| Jun 30, 2019 | 1.71 Bn |
| Mar 31, 2019 | 1.70 Bn |
| Dec 31, 2018 | 4.68 Bn |
| Sep 30, 2018 | 1.70 Bn |
| Jun 30, 2018 | 1.63 Bn |
| Mar 31, 2018 | 1.76 Bn |
| Dec 31, 2017 | 3.79 Bn |
| Sep 30, 2017 | 1.72 Bn |
| Jun 30, 2017 | 1.82 Bn |
| Mar 31, 2017 | 1.80 Bn |
| Dec 31, 2016 | 5.71 Bn |
| Sep 30, 2016 | 1.77 Bn |
| Jun 30, 2016 | 1.81 Bn |
| Mar 31, 2016 | 1.91 Bn |
| Dec 31, 2015 | 6.20 Bn |