Raytheon Ebitda vs Operating Income Analysis

RTX Stock

USD 121.83 1.49 1.24%

Raytheon Technologies financial indicator trend analysis is much more than just breaking down Raytheon Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raytheon Technologies is a good investment. Please check the relationship between Raytheon Technologies Ebitda and its Operating Income accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytheon Technologies Ebitda account and Operating Income. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Raytheon Technologies' Ebitda and Operating Income is 0.96. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Operating Income in the same time period over historical financial statements of Raytheon Technologies Corp, assuming nothing else is changed. The correlation between historical values of Raytheon Technologies' Ebitda and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Raytheon Technologies Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Ebitda i.e., Raytheon Technologies' Ebitda and Operating Income go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Ebitda

Operating Income

Operating Income is the amount of profit realized from Raytheon Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Raytheon Technologies Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most indicators from Raytheon Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raytheon Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Raytheon Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.07 in 2024, despite the fact that Discontinued Operations is likely to grow to (16.2 M).

	2021	2022	2023	2024 (projected)
Interest Expense	1.3B	1.3B	1.5B	1.6B
Depreciation And Amortization	4.3B	3.8B	4.2B	4.4B

Interest Expense Depreciation And Amortization

Raytheon Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Common Stock Total Equity
Total Assets		0.9	0.82	0.96	0.94	0.99	0.87	0.78	0.49	1.0	0.16	0.49	0.98	0.63	0.91	0.6	0.73	-0.23	0.96	0.97	0.19	0.98	0.7	0.95	0.89	0.93
Short Long Term Debt Total	0.9		0.72	0.9	0.71	0.88	0.99	0.82	0.39	0.9	0.39	0.39	0.91	0.32	0.96	0.59	0.54	-0.47	0.97	0.88	0.52	0.83	0.75	0.77	0.78	0.78
Other Current Liab	0.82	0.72		0.91	0.78	0.83	0.7	0.55	0.24	0.79	-0.01	0.24	0.88	0.6	0.65	0.38	0.85	-0.16	0.79	0.89	-0.04	0.77	0.39	0.85	0.61	0.89
Total Current Liabilities	0.96	0.9	0.91		0.88	0.96	0.89	0.73	0.35	0.94	0.13	0.35	0.98	0.59	0.85	0.55	0.81	-0.28	0.95	0.98	0.16	0.92	0.61	0.93	0.78	0.95
Total Stockholder Equity	0.94	0.71	0.78	0.88		0.95	0.68	0.59	0.43	0.94	-0.11	0.43	0.92	0.82	0.72	0.46	0.79	0.06	0.82	0.9	-0.09	0.97	0.55	0.98	0.86	0.94
Property Plant And Equipment Net	0.99	0.88	0.83	0.96	0.95		0.85	0.72	0.44	0.99	0.07	0.44	0.98	0.68	0.86	0.53	0.76	-0.16	0.94	0.96	0.16	0.98	0.65	0.97	0.87	0.95
Net Debt	0.87	0.99	0.7	0.89	0.68	0.85		0.75	0.28	0.87	0.35	0.28	0.89	0.32	0.93	0.55	0.54	-0.43	0.95	0.84	0.53	0.8	0.71	0.74	0.75	0.76
Retained Earnings	0.78	0.82	0.55	0.73	0.59	0.72	0.75		0.72	0.77	0.68	0.72	0.74	0.1	0.89	0.74	0.29	-0.75	0.86	0.78	0.52	0.66	0.83	0.6	0.69	0.56
Cash	0.49	0.39	0.24	0.35	0.43	0.44	0.28	0.72		0.49	0.49	1.0	0.4	0.16	0.55	0.65	0.05	-0.48	0.48	0.47	0.26	0.43	0.75	0.39	0.6	0.3
Non Current Assets Total	1.0	0.9	0.79	0.94	0.94	0.99	0.87	0.77	0.49		0.16	0.49	0.98	0.64	0.91	0.59	0.7	-0.2	0.96	0.95	0.2	0.98	0.71	0.94	0.91	0.92
Non Currrent Assets Other	0.16	0.39	-0.01	0.13	-0.11	0.07	0.35	0.68	0.49	0.16		0.49	0.13	-0.52	0.49	0.64	-0.34	-0.86	0.35	0.17	0.75	-0.02	0.63	-0.12	0.21	-0.16
Cash And Short Term Investments	0.49	0.39	0.24	0.35	0.43	0.44	0.28	0.72	1.0	0.49	0.49		0.4	0.16	0.55	0.65	0.05	-0.48	0.48	0.47	0.26	0.43	0.75	0.39	0.6	0.3
Net Receivables	0.98	0.91	0.88	0.98	0.92	0.98	0.89	0.74	0.4	0.98	0.13	0.4		0.64	0.87	0.55	0.77	-0.23	0.96	0.98	0.16	0.95	0.66	0.96	0.84	0.95
Common Stock Shares Outstanding	0.63	0.32	0.6	0.59	0.82	0.68	0.32	0.1	0.16	0.64	-0.52	0.16	0.64		0.28	0.19	0.73	0.48	0.43	0.58	-0.45	0.74	0.24	0.8	0.66	0.78
Non Current Liabilities Total	0.91	0.96	0.65	0.85	0.72	0.86	0.93	0.89	0.55	0.91	0.49	0.55	0.87	0.28		0.69	0.47	-0.51	0.97	0.87	0.52	0.83	0.82	0.74	0.83	0.71
Inventory	0.6	0.59	0.38	0.55	0.46	0.53	0.55	0.74	0.65	0.59	0.64	0.65	0.55	0.19	0.69		0.29	-0.52	0.65	0.61	0.4	0.49	0.88	0.41	0.71	0.36
Other Current Assets	0.73	0.54	0.85	0.81	0.79	0.76	0.54	0.29	0.05	0.7	-0.34	0.05	0.77	0.73	0.47	0.29		0.17	0.64	0.81	-0.31	0.75	0.2	0.82	0.52	0.87
Other Stockholder Equity	-0.23	-0.47	-0.16	-0.28	0.06	-0.16	-0.43	-0.75	-0.48	-0.2	-0.86	-0.48	-0.23	0.48	-0.51	-0.52	0.17		-0.43	-0.3	-0.64	-0.06	-0.56	-0.01	-0.13	-0.03
Total Liab	0.96	0.97	0.79	0.95	0.82	0.94	0.95	0.86	0.48	0.96	0.35	0.48	0.96	0.43	0.97	0.65	0.64	-0.43		0.95	0.38	0.9	0.76	0.85	0.84	0.84
Total Current Assets	0.97	0.88	0.89	0.98	0.9	0.96	0.84	0.78	0.47	0.95	0.17	0.47	0.98	0.58	0.87	0.61	0.81	-0.3	0.95		0.13	0.92	0.65	0.93	0.8	0.93
Short Term Debt	0.19	0.52	-0.04	0.16	-0.09	0.16	0.53	0.52	0.26	0.2	0.75	0.26	0.16	-0.45	0.52	0.4	-0.31	-0.64	0.38	0.13		0.06	0.57	-0.06	0.26	-0.07
Intangible Assets	0.98	0.83	0.77	0.92	0.97	0.98	0.8	0.66	0.43	0.98	-0.02	0.43	0.95	0.74	0.83	0.49	0.75	-0.06	0.9	0.92	0.06		0.62	0.97	0.89	0.94
Accounts Payable	0.7	0.75	0.39	0.61	0.55	0.65	0.71	0.83	0.75	0.71	0.63	0.75	0.66	0.24	0.82	0.88	0.2	-0.56	0.76	0.65	0.57	0.62		0.54	0.84	0.48
Common Stock	0.95	0.77	0.85	0.93	0.98	0.97	0.74	0.6	0.39	0.94	-0.12	0.39	0.96	0.8	0.74	0.41	0.82	-0.01	0.85	0.93	-0.06	0.97	0.54		0.82	0.99
Good Will	0.89	0.78	0.61	0.78	0.86	0.87	0.75	0.69	0.6	0.91	0.21	0.6	0.84	0.66	0.83	0.71	0.52	-0.13	0.84	0.8	0.26	0.89	0.84	0.82		0.76
Common Stock Total Equity	0.93	0.78	0.89	0.95	0.94	0.95	0.76	0.56	0.3	0.92	-0.16	0.3	0.95	0.78	0.71	0.36	0.87	-0.03	0.84	0.93	-0.07	0.94	0.48	0.99	0.76

Click cells to compare fundamentals

Raytheon Technologies Account Relationship Matchups

Raytheon Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	139.7B	162.2B	161.4B	158.9B	161.9B	170.0B
Short Long Term Debt Total	45.8B	33.3B	33.1B	33.5B	45.2B	47.5B
Other Current Liab	11.7B	13.5B	12.8B	13.4B	17.4B	18.3B
Total Current Liabilities	34.6B	35.8B	35.4B	39.1B	46.8B	49.1B
Total Stockholder Equity	41.8B	72.2B	73.1B	72.6B	59.8B	62.8B
Property Plant And Equipment Net	15.4B	16.8B	16.9B	17.0B	17.4B	18.3B
Net Debt	38.4B	24.5B	25.3B	27.3B	38.7B	40.6B
Retained Earnings	61.6B	49.4B	50.3B	52.3B	52.2B	54.8B
Cash	7.4B	8.8B	7.8B	6.2B	6.6B	3.5B
Non Current Assets Total	102.2B	118.8B	119.4B	116.4B	113.5B	119.1B
Non Currrent Assets Other	12.8B	4.0B	6.6B	6.2B	7.0B	5.6B
Cash And Short Term Investments	7.4B	8.8B	7.8B	6.2B	6.6B	3.5B
Net Receivables	17.7B	19.2B	21.0B	20.6B	23.0B	24.1B
Common Stock Shares Outstanding	863.9M	1.4B	1.5B	1.5B	1.4B	1.1B
Liabilities And Stockholders Equity	139.7B	162.2B	161.4B	158.9B	161.9B	170.0B
Non Current Liabilities Total	60.8B	52.4B	51.3B	45.5B	53.7B	56.3B
Inventory	11.0B	9.4B	9.2B	10.6B	11.8B	6.9B
Other Current Assets	1.5B	6.0B	4.0B	5.0B	7.1B	7.4B
Other Stockholder Equity	(32.6B)	(10.5B)	(12.8B)	(15.6B)	(27.0B)	(25.6B)
Total Liab	95.4B	88.3B	86.7B	84.7B	100.4B	105.4B
Total Current Assets	37.5B	43.4B	42.1B	42.4B	48.4B	50.8B
Short Term Debt	5.9B	797M	158M	1.2B	1.5B	1.3B
Intangible Assets	26.0B	40.5B	38.5B	36.8B	35.4B	37.2B
Accounts Payable	10.8B	8.6B	8.8B	9.9B	10.7B	5.4B
Accumulated Other Comprehensive Income	(10.1B)	(3.7B)	(1.9B)	(2.0B)	(2.4B)	(2.5B)
Common Stock	23.0B	36.9B	37.4B	37.9B	37.1B	38.9B
Good Will	48.1B	54.3B	54.4B	53.8B	53.7B	29.8B
Common Stock Total Equity	23.0B	36.9B	37.5B	37.9B	43.6B	45.8B
Property Plant And Equipment Gross	15.4B	16.8B	16.9B	17.0B	33.0B	34.7B
Net Tangible Assets	(32.2B)	(22.6B)	(19.9B)	(18.0B)	(16.2B)	(17.0B)
Current Deferred Revenue	6.2B	12.9B	13.7B	14.6B	17.2B	9.2B
Noncontrolling Interest In Consolidated Entity	2.5B	1.7B	1.6B	1.5B	1.8B	1.8B
Retained Earnings Total Equity	61.6B	49.4B	50.3B	52.3B	60.1B	54.2B
Long Term Debt Total	37.8B	31.0B	31.3B	30.7B	35.3B	29.7B
Long Term Investments	3.5B	3.1B	2.8B	2.6B	2.4B	2.3B
Treasury Stock	(32.6B)	(10.4B)	(12.7B)	(15.5B)	(17.9B)	(18.8B)
Non Current Liabilities Other	23.0B	21.4B	10.4B	8.4B	7.5B	12.1B
Property Plant Equipment	12.8B	15.0B	16.9B	17.0B	19.5B	12.9B

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

Additional Tools for Raytheon Stock Analysis

When running Raytheon Technologies' price analysis, check to measure Raytheon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytheon Technologies is operating at the current time. Most of Raytheon Technologies' value examination focuses on studying past and present price action to predict the probability of Raytheon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytheon Technologies' price. Additionally, you may evaluate how the addition of Raytheon Technologies to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Raytheon Ebitda vs Operating Income Analysis

Ebitda vs Operating Income

Ebitda vs Operating Income Correlation Analysis

Correlation Coefficient

Ebitda

Operating Income

Raytheon Technologies fundamental ratios Correlations

Raytheon Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Raytheon Technologies fundamental ratios Accounts

Also Currently Popular

Additional Tools for Raytheon Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Common Stock Total Equity	+ 0.99	Common Stock

Other Stockholder Equity	- 0.86	Non Currrent Assets Other
Other Stockholder Equity	- 0.75	Retained Earnings
Short Term Debt	- 0.64	Other Stockholder Equity
Accounts Payable	- 0.56	Other Stockholder Equity
Other Stockholder Equity	- 0.52	Inventory
Common Stock Shares Outstanding	- 0.52	Non Currrent Assets Other