RTX Corp Earnings Per Share Disclosure
| (dollars in millions, except per share amounts; shares in millions) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income attributable to common shareowners | $ | 6,732 | $ | 4,774 | $ | 3,195 | |||||||||||
| Basic weighted average number of shares outstanding | 1,341.4 | 1,332.1 | 1,426.0 | ||||||||||||||
| Stock awards and equity units (share equivalent) | 15.0 | 11.5 | 9.4 | ||||||||||||||
| Diluted weighted average number of shares outstanding | 1,356.4 | 1,343.6 | 1,435.4 | ||||||||||||||
| Earnings Per Share attributable to common shareowners: | |||||||||||||||||
| Basic | $ | 5.02 | $ | 3.58 | $ | 2.24 | |||||||||||
| Diluted | 4.96 | 3.55 | 2.23 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 6, 2026 | Showing above |
| 2024 | Feb 3, 2025 | |
| 2023 | Feb 5, 2024 | |
| 2022 | Feb 7, 2023 | |
| 2021 | Feb 11, 2022 | |
| 2020 | Feb 8, 2021 | |
| 2019 | Feb 6, 2020 | |
| 2017 | Feb 9, 2018 | |
| 2015 | Feb 11, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.