Gross Profit Analysis: Comparing RTX Corporation and General Dynamics Corporation

RTX vs. General Dynamics: A Decade of Profit Trends

__timestampGeneral Dynamics CorporationRTX Corporation
Wednesday, January 1, 2014587300000017653000000
Thursday, January 1, 2015613000000015667000000
Friday, January 1, 2016624900000015784000000
Sunday, January 1, 2017618700000015884000000
Monday, January 1, 2018671500000016516000000
Tuesday, January 1, 2019705900000019981000000
Wednesday, January 1, 202063250000008531000000
Friday, January 1, 2021640800000012491000000
Saturday, January 1, 2022662200000013668000000
Sunday, January 1, 2023667200000012089000000
Monday, January 1, 2024736400000015410000000
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Gross Profit Trends: RTX vs. General Dynamics

In the competitive landscape of the defense and aerospace industry, understanding financial performance is crucial. Over the past decade, RTX Corporation and General Dynamics Corporation have showcased distinct trajectories in their gross profit margins. From 2014 to 2023, RTX Corporation consistently outperformed General Dynamics, with a peak in 2019 where RTX's gross profit was approximately 2.8 times that of General Dynamics. However, 2020 marked a significant downturn for RTX, with profits dropping by nearly 57% compared to the previous year, likely due to global disruptions. In contrast, General Dynamics maintained a more stable performance, with a notable surge in 2024, achieving a gross profit nearly seven times higher than its 2014 figure. This analysis highlights the resilience and adaptability of these industry giants amidst economic fluctuations, offering valuable insights for investors and stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025