Rtx (RTX) Long-Term Deferred Tax (2009 - 2020)
Rtx's Long-Term Deferred Tax came in at $699 million for Q3 2020, down 58.9% from $1.7 billion a year earlier and down 4.5% from the prior quarter.
Analysis
Rtx (RTX) Long-Term Deferred Tax (2009 - 2020) Analysis & Trends
At the end of FY2019, Rtx's Long-Term Deferred Tax was $884 million, down 46.3% from FY2018.
- Long-Term Deferred Tax has declined in each of the last four years, with a five-year compound annual growth rate of -9.9% (FY2014 to FY2019).
- Going back by year, Long-Term Deferred Tax was $1.65 billion in FY2018 (-4.5%), $1.72 billion in FY2017 (-4.8%), $1.81 billion in FY2016 (-7.8%) and $1.96 billion in FY2015 (+31.5%).
- The Q3 2020 figure represents the lowest quarterly Long-Term Deferred Tax in data going back to Q2 2009.
- Year-over-year, Long-Term Deferred Tax has declined for five consecutive quarters, with an average decline of 22.5% over the last eight quarters.
- The fastest year-over-year change in Long-Term Deferred Tax over five years came in Q3 2016 (growth of 31.6%), and the weakest in Q3 2020 (a decline of 58.9%).
- Business Quant data shows RTX's Long-Term Deferred Tax at $732 million (Q2 2020), $1.44 billion (Q1 2020) and $884 million (Q4 2019) in the three quarters before Q3 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | General Electric | 320.36 Bn | 274.13 Bn | 4.68 Bn |
| 2 | Rtx | 247.12 Bn | 218.60 Bn | 5.13 Bn |
| 3 | Boeing | 147.44 Bn | 54.13 Bn | 2.41 Bn |
| 4 | Lockheed Martin | 115.87 Bn | 102.60 Bn | 2.45 Bn |
| 5 | General Dynamics | 89.87 Bn | 76.98 Bn | 2.18 Bn |
| 6 | Howmet Aerospace | 86.73 Bn | 82.33 Bn | 951.00 Mn |
| 7 | Motorola Solutions | 74.51 Bn | 70.85 Bn | 1.68 Bn |
| 8 | Northrop Grumman | 68.22 Bn | 57.46 Bn | 2.12 Bn |
| 9 | Honeywell International | 65.74 Bn | 17.87 Bn | 3.65 Bn |
| 10 | TransDigm | 63.64 Bn | 51.65 Bn | 1.63 Bn |
Historic Data
Download Data
Historic 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 | 1.65 Bn |
| Sep 30, 2018 | 1.70 Bn |
| Jun 30, 2018 | 1.63 Bn |
| Mar 31, 2018 | 1.76 Bn |
| Dec 31, 2017 | 1.72 Bn |
| Sep 30, 2017 | 1.72 Bn |
| Jun 30, 2017 | 1.82 Bn |
| Mar 31, 2017 | 1.80 Bn |
| Dec 31, 2016 | 1.81 Bn |
| Sep 30, 2016 | 1.77 Bn |
| Jun 30, 2016 | 1.81 Bn |
| Mar 31, 2016 | 1.91 Bn |
| Dec 31, 2015 | 1.96 Bn |
API Access
Rtx Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=RTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=RTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();