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RTX vs. LMT

Last updated Mar 1, 2024

Compare and contrast key facts about Raytheon Technologies Corporation (RTX) and Lockheed Martin Corporation (LMT).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RTX or LMT.

Key characteristics


RTXLMT
YTD Return7.27%-5.52%
1Y Return-6.04%-7.85%
3Y Return (Ann)9.09%11.46%
5Y Return (Ann)5.11%9.46%
10Y Return (Ann)4.51%13.10%
Sharpe Ratio-0.26-0.44
Daily Std Dev23.40%17.94%
Max Drawdown-52.67%-70.23%
Current Drawdown-11.98%-12.83%

Fundamentals


RTXLMT
Market Cap$118.72B$103.48B
EPS$2.23$27.55
PE Ratio40.1315.54
PEG Ratio0.774.28
Revenue (TTM)$68.92B$67.57B
Gross Profit (TTM)$13.67B$8.39B
EBITDA (TTM)$9.61B$10.23B

Correlation

0.37
-1.001.00

The correlation between RTX and LMT is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

RTX vs. LMT - Performance Comparison

In the year-to-date period, RTX achieves a 7.27% return, which is significantly higher than LMT's -5.52% return. Over the past 10 years, RTX has underperformed LMT with an annualized return of 4.51%, while LMT has yielded a comparatively higher 13.10% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20,000.00%40,000.00%60,000.00%80,000.00%100,000.00%120,000.00%140,000.00%OctoberNovemberDecember2024February
21,517.65%
130,301.95%
RTX
LMT

Compare stocks, funds, or ETFs


Raytheon Technologies Corporation

Lockheed Martin Corporation

RTX vs. LMT - Dividend Comparison

RTX's dividend yield for the trailing twelve months is around 2.63%, less than LMT's 2.87% yield.


TTM20232022202120202019201820172016201520142013
RTX
Raytheon Technologies Corporation
2.63%2.76%2.14%2.33%2.64%1.96%2.66%2.13%2.39%2.66%2.05%1.93%
LMT
Lockheed Martin Corporation
2.87%2.68%2.34%2.98%2.76%2.31%3.13%2.32%2.71%2.83%2.85%3.22%

RTX vs. LMT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) and Lockheed Martin Corporation (LMT). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
RTX
Raytheon Technologies Corporation
-0.26
LMT
Lockheed Martin Corporation
-0.44

RTX vs. LMT - Sharpe Ratio Comparison

The current RTX Sharpe Ratio is -0.26, which is higher than the LMT Sharpe Ratio of -0.44. The chart below compares the 12-month rolling Sharpe Ratio of RTX and LMT.


Rolling 12-month Sharpe Ratio-0.500.000.50OctoberNovemberDecember2024February
-0.26
-0.44
RTX
LMT

RTX vs. LMT - Drawdown Comparison

The maximum RTX drawdown since its inception was -52.67%, smaller than the maximum LMT drawdown of -70.23%. The drawdown chart below compares losses from any high point along the way for RTX and LMT


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%OctoberNovemberDecember2024February
-11.98%
-12.83%
RTX
LMT

RTX vs. LMT - Volatility Comparison

The current volatility for Raytheon Technologies Corporation (RTX) is 2.77%, while Lockheed Martin Corporation (LMT) has a volatility of 3.69%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%OctoberNovemberDecember2024February
2.77%
3.69%
RTX
LMT