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Boeing vs RTX: revenue, profit, margins and growth compared

Boeing brought in $89.5B of revenue in fiscal 2025, RTX $88.6B in fiscal 2025. Revenue changed by +34.5% at Boeing and +9.7% at RTX on the year before, so Boeing grew faster. Boeing kept 2.5% of its revenue as net profit, RTX 7.6%. Free cash flow was -$1.9B at Boeing and $7.9B at RTX.

Side by side, latest fiscal year

BARTX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$89.5B$88.6B
Revenue growth+34.5%+9.7%
Net income$2.2B$6.7B
Net margin2.5%7.6%
Free cash flow-$1.9B$7.9B
Free cash flow margin-2.1%9.0%
Earnings per share (diluted)$2.48$4.96
Cash$10.9B$7.4B
Debt$53.8B$37.7B
Price to earnings79.938.2
Market value$156.5B$255.3B
Dividend yieldn/a1.41%
Rank by revenue in sector#4 of 451 · Industrials#6 of 451 · Industrials

Over the years

Revenue
BA FY2018: $101.1BBA FY2019: $76.6BBA FY2020: $58.2BBA FY2021: $62.3BBA FY2022: $66.6BBA FY2023: $77.8BBA FY2024: $66.5BBA FY2025: $89.5BRTX FY2018: $34.7BRTX FY2019: $45.3BRTX FY2020: $56.6BRTX FY2021: $64.4BRTX FY2022: $67.1BRTX FY2023: $68.9BRTX FY2024: $80.7BRTX FY2025: $88.6BFY18FY19FY20FY21FY22FY23FY24FY25
BA $89.5BRTX $88.6B
Net income
BA FY2018: $10.5BBA FY2019: -$636MBA FY2020: -$11.9BBA FY2021: -$4.2BBA FY2022: -$4.9BBA FY2023: -$2.2BBA FY2024: -$11.8BBA FY2025: $2.2BRTX FY2018: $5.3BRTX FY2019: $5.5BRTX FY2020: -$3.5BRTX FY2021: $3.9BRTX FY2022: $5.2BRTX FY2023: $3.2BRTX FY2024: $4.8BRTX FY2025: $6.7BFY18FY19FY20FY21FY22FY23FY24FY25
BA $2.2BRTX $6.7B
Net margin
BA FY2018: 10.3%BA FY2019: -0.8%BA FY2020: -20.4%BA FY2021: -6.7%BA FY2022: -7.4%BA FY2023: -2.9%BA FY2024: -17.8%BA FY2025: 2.5%RTX FY2018: 15.2%RTX FY2019: 12.2%RTX FY2020: -6.2%RTX FY2021: 6.0%RTX FY2022: 7.7%RTX FY2023: 4.6%RTX FY2024: 5.9%RTX FY2025: 7.6%FY18FY19FY20FY21FY22FY23FY24FY25
BA 2.5%RTX 7.6%
Revenue growth
BA FY2019: -24.3%BA FY2020: -24.0%BA FY2021: +7.1%BA FY2022: +6.9%BA FY2023: +16.8%BA FY2024: -14.5%BA FY2025: +34.5%RTX FY2019: +30.7%RTX FY2020: +24.8%RTX FY2021: +13.8%RTX FY2022: +4.2%RTX FY2023: +2.8%RTX FY2024: +17.1%RTX FY2025: +9.7%FY19FY20FY21FY22FY23FY24FY25
BA +34.5%RTX +9.7%
Free cash flow
BA FY2018: $13.6BBA FY2019: -$4.3BBA FY2020: -$19.7BBA FY2021: -$4.4BBA FY2022: $2.3BBA FY2023: $4.4BBA FY2024: -$14.3BBA FY2025: -$1.9BRTX FY2018: $1.2BRTX FY2019: $4BRTX FY2020: $2.5BRTX FY2021: $5BRTX FY2022: $4.9BRTX FY2023: $5.5BRTX FY2024: $4.5BRTX FY2025: $7.9BFY18FY19FY20FY21FY22FY23FY24FY25
BA -$1.9BRTX $7.9B

Fiscal years as each company reports them; the two may end in different months.

Questions about Boeing and RTX

Which is bigger by revenue, Boeing or RTX?

Boeing is bigger by revenue: $89.5B in fiscal 2025, against $88.6B for RTX in fiscal 2025.

Which keeps more of its revenue as profit, Boeing or RTX?

Boeing had a net margin of 2.5% in fiscal 2025; RTX had 7.6% in fiscal 2025.

Which grew revenue faster, Boeing or RTX?

In their latest fiscal years revenue changed by +34.5% at Boeing and +9.7% at RTX.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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