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

RTX brought in $88.6B of revenue in fiscal 2025, StandardAero $6.1B in fiscal 2025. Revenue changed by +9.7% at RTX and +15.8% at StandardAero on the year before, so StandardAero grew faster. RTX kept 7.6% of its revenue as net profit, StandardAero 4.6%. Free cash flow was $7.9B at RTX and $234.3M at StandardAero.

Side by side, latest fiscal year

RTXSARO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$88.6B$6.1B
Revenue growth+9.7%+15.8%
Net income$6.7B$277.4M
Net margin7.6%4.6%
Free cash flow$7.9B$234.3M
Free cash flow margin9.0%3.9%
Earnings per share (diluted)$4.96$0.83
Cash$7.4B$289.7M
Debt$37.7B$2.2B
Price to earnings38.227.4
Market value$255.3B$7.5B
Dividend yield1.41%n/a
Rank by revenue in sector#6 of 451 · Industrials#106 of 451 · Industrials

Over the years

Revenue
RTX FY2018: $34.7BRTX FY2019: $45.3BRTX FY2020: $56.6BRTX FY2021: $64.4BRTX FY2022: $67.1BRTX FY2023: $68.9BRTX FY2024: $80.7BRTX FY2025: $88.6BSARO FY2022: $4.2BSARO FY2024: $4.6BSARO FY2024: $5.2BSARO FY2025: $6.1BFY18FY19FY20FY21FY22FY23FY24FY25
RTX $88.6BSARO $6.1B
Net income
RTX FY2018: $5.3BRTX FY2019: $5.5BRTX FY2020: -$3.5BRTX FY2021: $3.9BRTX FY2022: $5.2BRTX FY2023: $3.2BRTX FY2024: $4.8BRTX FY2025: $6.7BSARO FY2022: -$21MSARO FY2024: -$35.1MSARO FY2024: $11MSARO FY2025: $277.4MFY18FY19FY20FY21FY22FY23FY24FY25
RTX $6.7BSARO $277.4M
Net margin
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%SARO FY2022: -0.5%SARO FY2024: -0.8%SARO FY2024: 0.2%SARO FY2025: 4.6%FY18FY19FY20FY21FY22FY23FY24FY25
RTX 7.6%SARO 4.6%
Revenue growth
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%SARO FY2024: +9.9%SARO FY2024: +14.8%SARO FY2025: +15.8%FY19FY20FY21FY22FY23FY24FY25
RTX +9.7%SARO +15.8%
Free cash flow
RTX FY2018: $1.2BRTX FY2019: $4BRTX FY2020: $2.5BRTX FY2021: $5BRTX FY2022: $4.9BRTX FY2023: $5.5BRTX FY2024: $4.5BRTX FY2025: $7.9BSARO FY2022: -$14MSARO FY2024: $12.8MSARO FY2024: -$26.6MSARO FY2025: $234.3MFY18FY19FY20FY21FY22FY23FY24FY25
RTX $7.9BSARO $234.3M

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

Questions about RTX and StandardAero

Which is bigger by revenue, RTX or StandardAero?

RTX is bigger by revenue: $88.6B in fiscal 2025, against $6.1B for StandardAero in fiscal 2025.

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

RTX had a net margin of 7.6% in fiscal 2025; StandardAero had 4.6% in fiscal 2025.

Which grew revenue faster, RTX or StandardAero?

In their latest fiscal years revenue changed by +9.7% at RTX and +15.8% at StandardAero.

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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