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RTX vs United Parcel Service: revenue, profit, margins and growth compared

RTX brought in $88.6B of revenue in fiscal 2025, United Parcel Service $88.7B in fiscal 2025. Revenue changed by +9.7% at RTX and -2.6% at United Parcel Service on the year before, so RTX grew faster. RTX kept 7.6% of its revenue as net profit, United Parcel Service 6.3%. Free cash flow was $7.9B at RTX and $4.8B at United Parcel Service.

Side by side, latest fiscal year

RTXUPS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$88.6B$88.7B
Revenue growth+9.7%-2.6%
Net income$6.7B$5.6B
Net margin7.6%6.3%
Free cash flow$7.9B$4.8B
Free cash flow margin9.0%5.4%
Earnings per share (diluted)$4.96$6.56
Cash$7.4B$5.9B
Debt$37.7B$23.6B
Price to earnings38.214.3
Market value$255.3B$79.9B
Dividend yield1.41%6.98%
Rank by revenue in sector#6 of 451 · Industrials#5 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: $88.6BUPS FY2018: $71.9BUPS FY2019: $74.1BUPS FY2020: $84.6BUPS FY2021: $97.3BUPS FY2022: $100.3BUPS FY2023: $91BUPS FY2024: $91.1BUPS FY2025: $88.7BFY18FY19FY20FY21FY22FY23FY24FY25
RTX $88.6BUPS $88.7B
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: $6.7BUPS FY2018: $4.8BUPS FY2019: $4.4BUPS FY2020: $1.3BUPS FY2021: $12.9BUPS FY2022: $11.5BUPS FY2023: $6.7BUPS FY2024: $5.8BUPS FY2025: $5.6BFY18FY19FY20FY21FY22FY23FY24FY25
RTX $6.7BUPS $5.6B
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%UPS FY2018: 6.7%UPS FY2019: 6.0%UPS FY2020: 1.6%UPS FY2021: 13.2%UPS FY2022: 11.5%UPS FY2023: 7.4%UPS FY2024: 6.3%UPS FY2025: 6.3%FY18FY19FY20FY21FY22FY23FY24FY25
RTX 7.6%UPS 6.3%
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%UPS FY2019: +3.1%UPS FY2020: +14.2%UPS FY2021: +15.0%UPS FY2022: +3.1%UPS FY2023: -9.3%UPS FY2024: +0.1%UPS FY2025: -2.6%FY19FY20FY21FY22FY23FY24FY25
RTX +9.7%UPS -2.6%
Free cash flow
RTX FY2018: $1.2BRTX FY2019: $4BRTX FY2020: $2.5BRTX FY2021: $5BRTX FY2022: $4.9BRTX FY2023: $5.5BRTX FY2024: $4.5BRTX FY2025: $7.9BUPS FY2018: $6.4BUPS FY2019: $2.3BUPS FY2020: $5BUPS FY2021: $10.8BUPS FY2022: $9.3BUPS FY2023: $5.1BUPS FY2024: $6.2BUPS FY2025: $4.8BFY18FY19FY20FY21FY22FY23FY24FY25
RTX $7.9BUPS $4.8B

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

Questions about RTX and United Parcel Service

Which is bigger by revenue, RTX or United Parcel Service?

United Parcel Service is bigger by revenue: $88.7B in fiscal 2025, against $88.6B for RTX in fiscal 2025.

Which keeps more of its revenue as profit, RTX or United Parcel Service?

RTX had a net margin of 7.6% in fiscal 2025; United Parcel Service had 6.3% in fiscal 2025.

Which grew revenue faster, RTX or United Parcel Service?

In their latest fiscal years revenue changed by +9.7% at RTX and -2.6% at United Parcel Service.

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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