RTX stock holds firm after a $23 billion Navy win.

RTX Corporation (US75511L1035) is trading after a July 23, 2026 quarter that delivered $24.71 billion in revenue and $1.89 in EPS, while the shares opened at $210.36 and carried a market value of $283.51 billion on August 24, 2026.

Navy contract sets the tone

The current catalyst is a roughly $22.9 billion Tomahawk missile contract, which market coverage tied to the stock on August 24, 2026 and used as the main driver for the latest attention on the name. That sits alongside fiscal 2026 EPS guidance of $7.10 to $7.25, a range that gives investors a clear comparison point for the quarter's $1.89 print.

Revenue rose 14.5 percent year over year to $24.71 billion, up from $1.56 in EPS in the same quarter last year and above the $22.89 billion consensus sales estimate. The result also came with 13.99 percent return on equity and an 8.28 percent net margin, two figures that show how much of the contract and aerospace backlog story is already flowing through the income statement.

Backlog and margins

RTX was also described on August 24, 2026 as having a record $289 billion backlog, a figure that makes the current sales run look small beside the pipeline. Management's fiscal 2026 sales guide of $95 billion to $96 billion means that backlog is more than three times the annual revenue outlook, a useful ratio for investors watching execution.

The quarter's $2.9 billion in free cash flow adds another layer to the story, because it leaves room for production spending, dividends, and balance-sheet flexibility at the same time. The stock's 52-week range of $150.61 to $226.88 also frames the current share price as being far closer to the top of its band than the bottom.

Products and price

Collins Aerospace is the product line visible in the latest company-related coverage, including EPACS work tied to the F-35, which keeps the commercial and defense mix in view. That matters because RTX does not depend on one program alone; the quarter's revenue mix and the backlog point to several lines of business feeding the same earnings base.

RTX stock opened at $210.36 on August 24, 2026, with a 50-day moving average of $203.73 and a 200-day moving average of $195.49. The market cap stood at $283.51 billion, and the shares were still trading below the 52-week high of $226.88.

Fact box

Company: RTX Corporation

ISIN: US75511L1035

Ticker: RTX

Exchange: NYSE

Price (as of August 24, 2026, 4:00 p.m. ET): $210.36 USD

Market cap: $283.51 billion (as of August 24, 2026)

Sector / Industry: Industrials / Aerospace & Defense

Index membership: S&P 500

Next earnings date:

More on RTX Corporation

RTX's defense and aerospace mix is anchored by businesses such as Collins Aerospace, which supplied the EPACS work highlighted in the latest company coverage and helped keep the stock tied to both program wins and long-cycle backlog. That kind of exposure matters when a single contract can reach $22.9 billion and when quarterly revenue already sits at $24.71 billion.

RTX stock today

RTX stock opened at $210.36 on August 24, 2026. The market cap was $283.51 billion, and the 52-week range ran from $150.61 to $226.88.