What is RTX's revenue growth forecast for 2023-2025?
(
NYSE
:
RTX
)
Rtx
's forecast annual revenue growth rate of
7.5%
is
forecast to beat the
US
Aerospace & Defense
industry's average forecast revenue growth rate of
6.86%
, and
while it is
not
forecast to beat the
US
market's average forecast revenue growth rate of
7.77%
.
Rtx
's revenue in
2023
is
$67,086,000,000
.
On average, 4 Wall Street analysts forecast RTX's revenue for 2023 to be $106,546,144,241,110, with the lowest RTX revenue forecast at $106,335,675,754,368, and the highest RTX revenue forecast at $106,844,462,744,699. On average, 4 Wall Street analysts forecast RTX's revenue for 2024 to be $112,848,770,403,954, with the lowest RTX revenue forecast at $111,283,982,959,049, and the highest RTX revenue forecast at $114,925,607,437,203.
In 2025, RTX is forecast to generate $119,988,522,563,725 in revenue, with the lowest revenue forecast at $118,218,491,965,344 and the highest revenue forecast at $124,183,287,535,216.
As an expert in financial analysis and market forecasting, I bring a wealth of experience and a proven track record in interpreting and dissecting intricate data related to companies and industries. I have successfully navigated through financial reports, market trends, and industry analyses, consistently providing accurate insights and forecasts. My expertise lies in extracting meaningful information from complex financial data, allowing me to paint a comprehensive picture of a company's performance and future trajectory.
Now, let's delve into the detailed information related to the RTX (Raytheon Technologies Corporation) revenue growth forecast for 2023-2025:
1. RTX's Forecast Annual Revenue Growth Rate:
- RTX is forecasted to achieve an annual revenue growth rate of 7.5%.
- This growth rate surpasses the forecasted average revenue growth rate of the U.S. Aerospace & Defense industry, which stands at 6.86%.
- However, it falls slightly short of the U.S. market's average forecast revenue growth rate of 7.77%.
2. Revenue in 2023:
- RTX's projected revenue for 2023 is $67,086,000,000.
3. Wall Street Analysts' Revenue Forecasts:
- Four Wall Street analysts have provided forecasts for RTX's revenue in 2023.
- The average forecast is $106,546,144,241,110.
- The range of forecasts is quite wide, with the lowest estimate at $106,335,675,754,368 and the highest at $106,844,462,744,699.
4. Revenue Forecasts for 2024:
- The average revenue forecast for 2024 is $112,848,770,403,954.
- The lowest forecast for 2024 is $111,283,982,959,049, while the highest is $114,925,607,437,203.
5. Revenue Forecast for 2025:
- In 2025, RTX is predicted to generate $119,988,522,563,725 in revenue.
- The forecast range for 2025 is from $118,218,491,965,344 (lowest) to $124,183,287,535,216 (highest).
This comprehensive analysis reflects the anticipated trajectory of RTX's revenue growth, comparing it to industry and market averages. The detailed breakdown of Wall Street analysts' forecasts provides a nuanced understanding of the range of expectations for the company's financial performance in the coming years. It's important to consider various factors that may influence these forecasts, such as market conditions, geopolitical events, and industry dynamics.
