RTX Corp.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $6.73B | $4.77B | $3.20B | $5.20B | $3.86B | $-3.52B | $5.54B | $5.27B |
| Depreciation & Amortization | $4.38B | $4.36B | $4.21B | $4.11B | $4.56B | $4.16B | $2.71B | $1.90B |
| Depreciation | $1.90B | $1.80B | $1.80B | $1.80B | $1.80B | $1.77B | $1.19B | $945.0M |
| Amortization | $2.10B | $2.20B | $2.10B | $2.00B | $2.44B | $2.13B | $1.24B | $736.0M |
| Stock-Based Compensation | $519.0M | $437.0M | $425.0M | $420.0M | $442.0M | $330.0M | $268.0M | $169.0M |
| Net Cash from Operating Activities | $10.57B | $7.16B | $7.88B | $7.17B | $7.14B | $4.33B | $5.82B | $2.67B |
| Investing Activities | ||||||||
| Capital Expenditures | $2.63B | $2.63B | $2.42B | $2.29B | $2.13B | $1.80B | $1.87B | $1.47B |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.27B | $-1.53B | $-3.04B | $-2.83B | — | $3.34B | $-2.68B | $-17.26B |
| Financing Activities | ||||||||
| Dividends Paid | $3.57B | $3.22B | $3.24B | $3.13B | $2.96B | $2.73B | $2.44B | $2.17B |
| Stock Repurchases | $50.0M | $444.0M | $12.87B | $2.80B | $2.33B | $47.0M | $151.0M | $325.0M |
| Net Cash from Financing Activities | $-7.49B | $-6.62B | $-4.53B | $-5.86B | — | $-3.86B | $-1.91B | $12.21B |
| Net Change in Cash | $1.86B | $-1.02B | $335.0M | $-1.56B | $-979.0M | $1.41B | $1.21B | $-2.81B |
| Free Cash Flow | $7.94B | $4.53B | $5.47B | $4.88B | $5.01B | $2.54B | $3.95B | $1.20B |