RTX is an aerospace and defense company that provides systems and services for commercial, military and government customers. Co. serves commercial and government customers in both the original equipment and aftermarket parts and services segments of the aerospace industry. Co.'s operations are classified into four segments: Collins Aerospace, which provides aerospace and defense products and aftermarket service solutions; Pratt & Whitney, which supplies aircraft engines; Raytheon Intelligence & Space, which provides integrated space, communication and sensor systems, and cyber and software solutions; and Raytheon Missiles & Defense, which provides end-to-end solutions. We show 17 historical shares outstanding datapoints in our RTX shares outstanding history coverage, used to compute RTX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RTX market cap history over the course of time is important for investors
interested in comparing RTX's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RTX versus a peer is one thing; comparing
RTX market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RTX can fluctuate over the course of history.
With this page we aim to empower investors researching RTX by allowing them to research the RTX market cap history. |
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Video: The Importance of Market Cap
