RTX vs. BA

Last updated Apr 1, 2026

Compare and contrast key facts about Raytheon Technologies Corporation (RTX) and The Boeing Company (BA).

Performance

RTX vs. BA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Raytheon Technologies Corporation (RTX) and The Boeing Company (BA). The values are adjusted to include any dividend payments, if applicable.

RTX vs. BA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RTX Raytheon Technologies Corporation	5.53%	61.44%	40.76%	-14.44%	20.01%	23.27%	-7.70%	43.82%	-14.66%	19.13%
BA The Boeing Company	-8.33%	22.67%	-32.10%	36.84%	-5.38%	-5.95%	-33.90%	3.34%	11.50%	94.72%

Fundamentals

Market Cap RTX : $262.67B BA : $158.25B
EPS RTX : $4.96 BA : $2.90
PE Ratio RTX : 38.88 BA : 68.52
PEG Ratio RTX : 1.54 BA : 10.73
PS Ratio RTX : 2.95 BA : 1.71
PB Ratio RTX : 4.03 BA : 29.05
Total Revenue (TTM) RTX : $88.60B BA : $89.46B
Gross Profit (TTM) RTX : $17.79B BA : $4.32B
EBITDA (TTM) RTX : $13.63B BA : -$2.59B

Returns By Period

In the year-to-date period, RTX achieves a 5.53% return, which is significantly higher than BA's -8.33% return. Over the past 10 years, RTX has outperformed BA with an annualized return of 16.43%, while BA has yielded a comparatively lower 5.65% annualized return.

RTX

• 1D: 3.07%
• 1M: -4.80%
• YTD: 5.53%
• 6M: 16.12%
• 1Y: 48.09%
• 3Y*: 28.12%
• 5Y*: 22.79%
• 10Y*: 16.43%

BA

• 1D: 5.19%
• 1M: -12.53%
• YTD: -8.33%
• 6M: -7.78%
• 1Y: 16.70%
• 3Y*: -2.15%
• 5Y*: -4.68%
• 10Y*: 5.65%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

RTX vs. BA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RTX

RTX Risk / Return Rank: 88
RTX Sharpe Ratio Rank: 88
RTX Sortino Ratio Rank: 83
RTX Omega Ratio Rank: 87
RTX Calmar Ratio Rank: 88
RTX Martin Ratio Rank: 94

BA

BA Risk / Return Rank: 56
BA Sharpe Ratio Rank: 59
BA Sortino Ratio Rank: 54
BA Omega Ratio Rank: 55
BA Calmar Ratio Rank: 57
BA Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RTX vs. BA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) and The Boeing Company (BA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	RTX	BA	Difference
Sharpe ratio Return per unit of total volatility	1.73	0.46	+1.27
Sortino ratio Return per unit of downside risk	2.25	0.92	+1.33
Omega ratio Gain probability vs. loss probability	1.35	1.12	+0.22
Calmar ratio Return relative to maximum drawdown	3.36	0.59	+2.76
Martin ratio Return relative to average drawdown	14.15	1.49	+12.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RTX vs. BA - Sharpe Ratio Comparison

The current RTX Sharpe Ratio is 1.73, which is higher than the BA Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of RTX and BA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RTX	BA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	0.46	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.97	-0.13	+1.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.14	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.30	+0.15

Correlation

The correlation between RTX and BA is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RTX vs. BA - Dividend Comparison

RTX's dividend yield for the trailing twelve months is around 1.41%, while BA has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RTX Raytheon Technologies Corporation	1.41%	1.46%	2.14%	2.76%	2.14%	2.33%	21.21%	1.96%	2.66%	2.13%	2.39%	2.66%
BA The Boeing Company	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.96%	2.52%	2.12%	1.93%	2.80%	2.52%

Drawdowns

RTX vs. BA - Drawdown Comparison

The maximum RTX drawdown since its inception was -55.14%, smaller than the maximum BA drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for RTX and BA.

Drawdown Indicators

	RTX	BA	Difference
Max Drawdown Largest peak-to-trough decline	-55.14%	-89.45%	+34.31%
Max Drawdown (1Y) Largest decline over 1 year	-14.57%	-24.96%	+10.39%
Max Drawdown (5Y) Largest decline over 5 years	-32.84%	-55.33%	+22.49%
Max Drawdown (10Y) Largest decline over 10 years	-51.98%	-77.92%	+25.94%
Current Drawdown Current decline from peak	-9.08%	-53.75%	+44.67%
Average Drawdown Average peak-to-trough decline	-13.03%	-30.97%	+17.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	9.98%	-6.52%

Volatility

RTX vs. BA - Volatility Comparison

The current volatility for Raytheon Technologies Corporation (RTX) is 7.24%, while The Boeing Company (BA) has a volatility of 11.90%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than BA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RTX	BA	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.24%	11.90%	-4.66%
Volatility (6M) Calculated over the trailing 6-month period	18.20%	23.02%	-4.82%
Volatility (1Y) Calculated over the trailing 1-year period	27.98%	36.83%	-8.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.54%	36.20%	-12.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.57%	41.36%	-13.79%

Financials

RTX vs. BA - Profitability Comparison

The chart below illustrates the profitability comparison between Raytheon Technologies Corporation and The Boeing Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RTX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Raytheon Technologies Corporation reported a gross profit of 4.72B and revenue of 24.24B. Therefore, the gross margin over that period was 19.5%.

BA - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Boeing Company reported a gross profit of 1.81B and revenue of 23.95B. Therefore, the gross margin over that period was 7.6%.

RTX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Raytheon Technologies Corporation reported an operating income of 2.31B and revenue of 24.24B, resulting in an operating margin of 9.5%.

BA - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Boeing Company reported an operating income of -815.00M and revenue of 23.95B, resulting in an operating margin of -3.4%.

RTX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Raytheon Technologies Corporation reported a net income of 1.62B and revenue of 24.24B, resulting in a net margin of 6.7%.

BA - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Boeing Company reported a net income of 8.22B and revenue of 23.95B, resulting in a net margin of 34.3%.