RTX Corporation (RTX) — Tangible Net Worth Ratio

Latest as of March 2026: 53.7%

RTX Corporation (RTX) has a Tangible Net Worth Ratio of 53.7% as of March 2026. This metric is calculated by deducting intangible assets ($31.48 Billion) from net assets ($68.03 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check RTX Corporation (RTX) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.

Tangible NW Ratio

53.7%
Tangible equity / total equity

Net Assets (Equity)

$68.03 Billion
USD

Intangible Assets

$31.48 Billion
Goodwill, patents, brand value

Total Assets

$170.43 Billion
USD

RTX Corporation Tangible Net Worth Ratio (1985–2025)

This chart shows how RTX Corporation's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 53.7%, reflecting net assets of $68.03 Billion with intangible assets of $31.48 Billion USD. See RTX total equity for net asset value and shareholders' equity analysis.

Annual Tangible Net Worth Ratio for RTX Corporation (1985–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for RTX Corporation from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see RTX stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 52.6% $67.14 Billion $31.84 Billion $171.08 Billion ▲ +6.5 pp
2024 46.0% $61.96 Billion $33.44 Billion $162.86 Billion ▲ +3.6 pp
2023 42.4% $61.45 Billion $35.40 Billion $161.87 Billion ▼ -8.0 pp
2022 50.4% $74.21 Billion $36.82 Billion $158.86 Billion ▲ +1.9 pp
2021 48.4% $74.70 Billion $38.52 Billion $161.40 Billion ▲ +3.3 pp
2020 45.1% $73.88 Billion $40.54 Billion $162.15 Billion ▲ +0.3 pp
2019 44.8% $44.33 Billion $24.47 Billion $139.62 Billion ▲ +9.7 pp
2018 35.1% $40.72 Billion $26.42 Billion $134.21 Billion ▼ -14.6 pp
2017 49.7% $31.55 Billion $15.88 Billion $96.92 Billion ▲ +2.9 pp
2016 46.8% $29.46 Billion $15.68 Billion $89.71 Billion ▲ +0.6 pp
2015 46.1% $28.97 Billion $15.60 Billion $87.48 Billion ▼ -6.4 pp
2014 52.5% $32.70 Billion $15.53 Billion $91.21 Billion ▼ -0.9 pp
2013 53.4% $33.33 Billion $15.52 Billion $90.59 Billion ▲ +9.1 pp
2012 44.4% $27.31 Billion $15.19 Billion $89.41 Billion ▼ -38.7 pp
2011 83.1% $23.18 Billion $3.92 Billion $61.45 Billion ▲ +1.0 pp
2010 82.1% $22.65 Billion $4.06 Billion $58.49 Billion ▼ -1.4 pp
2009 83.5% $21.39 Billion $3.54 Billion $55.76 Billion ▲ +4.1 pp
2008 79.4% $16.68 Billion $3.44 Billion $56.84 Billion ▼ -3.8 pp
2007 83.1% $22.27 Billion $3.76 Billion $54.58 Billion ▲ +0.9 pp
2006 82.3% $18.13 Billion $3.22 Billion $47.14 Billion ▼ -0.5 pp
2005 82.8% $17.77 Billion $3.06 Billion $45.92 Billion ▼ -3.9 pp
2004 86.7% $15.18 Billion $2.02 Billion $40.44 Billion ▲ +2.0 pp
2003 84.7% $12.42 Billion $1.90 Billion $35.27 Billion ▼ -15.3 pp
2002 100.0% $8.94 Billion $0.00 $29.19 Billion ▲ +0.0 pp
2001 100.0% $8.92 Billion $0.00 $27.01 Billion ▲ +83.0 pp
2000 17.0% $8.16 Billion $6.77 Billion $25.36 Billion ▼ -13.3 pp
1999 30.3% $8.09 Billion $5.64 Billion $24.37 Billion ▼ -42.7 pp
1998 73.0% $5.25 Billion $1.42 Billion $17.77 Billion ▼ -6.8 pp
1997 79.9% $4.87 Billion $982.00 Million $16.44 Billion ▼ -20.1 pp
1996 100.0% $5.22 Billion $0.00 $16.75 Billion ▲ +0.0 pp
1995 100.0% $4.89 Billion $0.00 $15.96 Billion ▲ +0.0 pp
1994 100.0% $4.49 Billion $0.00 $15.62 Billion ▲ +13.1 pp
1993 86.9% $4.14 Billion $544.00 Million $15.62 Billion ▲ +1.8 pp
1992 85.1% $3.87 Billion $577.00 Million $15.93 Billion ▼ -0.7 pp
1991 85.8% $4.42 Billion $630.00 Million $15.98 Billion ▼ -2.1 pp
1990 87.8% $5.75 Billion $700.80 Million $15.92 Billion ▲ +1.1 pp
1989 86.7% $5.02 Billion $668.00 Million $14.60 Billion ▼ -7.9 pp
1988 94.6% $4.82 Billion $260.90 Million $12.75 Billion ▲ +1.0 pp
1987 93.6% $4.29 Billion $274.10 Million $11.93 Billion ▲ +0.7 pp
1986 92.9% $3.80 Billion $268.50 Million $11.09 Billion ▲ +0.0 pp
1985 92.9% $3.85 Billion $271.70 Million $10.53 Billion
pp = percentage points