RTX
RTX Corporation
RTX has lower modeled downside risk, despite its lower overall score.
VRT
Vertiv Holdings Co
VRT has the edge over RTX overall, supported by stronger valuation and stronger fundamentals.
RTX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
RTX's revenue, profitability, cash flow and balance sheet are all currently healthy.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
RTX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $158 | -20% |
| Forward | 26x | $198 | — |
| Current | 32x | $198 | — |
| Fair | 35x | $215 | +8.2% |
| Expensive | 41x | $252 | +27% |
Historical ranges are pointers, not guarantees.
RTX's PE is in its cheap range at 32x. If earnings grow as analysts expect, today's price would be 26x next year's earnings.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT has the edge over RTX in the historical PE scenario, which offers more potential upside but is not a forecast.
RTX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RTX, with profitability improving.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
RTX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.78 | +26% |
| Q3 2026 | $6.16 | +26% |
| Q2 2026 | $5.68 | +25% |
| Q1 2026 | $5.33 | +56% |
| Q4 2025 | $4.96 | +40% |
| Q3 2025 | $4.87 | +40% |
| Q2 2025 | $4.55 | +165% |
| Q1 2025 | $3.41 | +34% |
| Q4 2024 | $3.55 | +59% |
RTX's earnings per share have climbed steadily: $6.16 over the past year, up 26% from the year before, and higher year over year for nine quarters in a row.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over RTX on earnings, with stronger typical year-over-year growth.
RTX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $25B | +11% |
| Q2 2026 | $24.7B | +14% |
| Q1 2026 | $22.1B | +8.7% |
| Q4 2025 | $24.2B | +12% |
| Q3 2025 | $22.5B | +12% |
| Q2 2025 | $21.6B | +9.4% |
| Q1 2025 | $20.3B | +5.2% |
| Q4 2024 | $21.6B | +8.5% |
RTX's revenue has grown year over year for 12 quarters in a row: $25B last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +2.1 points |
| Q2 2026 | 11% | +1.4 points |
| Q1 2026 | 12% | +1.6 points |
| Q4 2025 | 11% | +1 points |
| Q3 2025 | 11% | +1.1 points |
| Q2 2025 | 9.9% | +7.3 points |
| Q1 2025 | 10% | +0.3 points |
| Q4 2024 | 9.8% | +0.8 points |
RTX's operating margin was 13% last quarter, up 2.1 points from the same quarter a year ago, near the top of its range since 2019.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over RTX on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over RTX on profitability, with a higher operating margin.
RTX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.1B | -47% |
| Q2 2026 | $2.9B | +$3B |
| Q1 2026 | $1.3B | +65% |
| Q4 2025 | $3.2B | +549% |
| Q3 2025 | $4B | +104% |
| Q2 2025 | -$72M | -103% |
| Q1 2025 | $792M | +$917M |
| Q4 2024 | $492M | -87% |
RTX generated $9.5B in free cash flow over the past year, up 81% from the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over RTX on cash flow, with more consistent year-over-year improvement.
RTX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +3.1M shares |
| 1 year | +0.7% | +9.7M shares |
| 3 years | -5.5% | -80M shares |
| 5 years | -9.2% | -138M shares |
| Available history | -0.3% | -4.6M shares |
RTX has 1.4B diluted shares, up 0.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | $50M |
| Q4 2024 | $50M |
RTX hasn't bought back shares in the past year.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over RTX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
RTX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.8x | Healthy |
| Q2 2026 | 2.0x | Healthy |
| Q1 2026 | 2.2x | Moderate |
| Q4 2025 | 2.2x | Moderate |
| Q3 2025 | 2.5x | Moderate |
| Q2 2025 | 3.0x | Elevated |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | 3.3x | Elevated |
RTX's net debt is about 1.8 years of its operating earnings (EBITDA), down from 2.5 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has the edge over RTX on leverage, with a lower net debt burden relative to earnings.
RTX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.3 | Neutral |
| Stochastic | 35.3 | Neutral |
RTX's weekly RSI is 52 (neutral) and its Stochastic is 35 (neutral).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
RTX PE vs Industrials Sector
| Metric | RTX | Sector median | Relative |
|---|---|---|---|
| PE | 32x | 24x | 34% above |
| PE % | 31 | 58 | 27 pts below |
RTX has the edge over VRT on valuation relative to its sector.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
RTX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $191.6 | 3.5% above |
| 20 week MA | $200.5 | 1.1% below |
| 50 week MA | $193.9 | 2.3% above |
| 100 week MA | $168.6 | 18% above |
| 200 week MA | $133.5 | 49% above |
RTX has the edge over VRT on trend strength, trading above more of its moving averages.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 70% above its 200-week average.
RTX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $88.6 | $70.3 | -21% |
| 2021 | $70.3 | $84.9 | +21% |
| 2022 | $84.9 | $99.3 | +17% |
| 2023 | $99.3 | $84.1 | -15% |
| 2024 | $84.1 | $116.7 | +39% |
| 2025 | $116.7 | $185.2 | +59% |
| 2026 YTD | $185.2 | $198.4 | +7.1% |
RTX has finished higher in four of the last six years. It's up 7.1% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over RTX on returns for 2026, with the stronger performance.