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CLAIM #52303 · RTX Corporation (RTX) · 2024Q2 earnings call · Jul 25, 2024 · due Dec 31, 2025

still feel like the 2025 cash goal here is achievable based on everything we see today, both within our four walls and the macro environment.

Chris Calio · CEO

CANNOT_DETERMINE
versus commitment · official band 5 percent
Committed
still feel like the 2025 cash goal here is achievable based on everything we see today, both within our four walls and the macro environment.
Reported
free cash flow was a robust $7.9 billion, up $3.4 billion year over year.

How to check this claim

Look at: Free cash flow, full fiscal year 2025, as reported by RTX

It came true if: FY2025 free cash flow meets or exceeds the company's previously disclosed 2025 cash flow target

Where: Company earnings release / 10-K, FY2025 cash flow statement and management commentary

In context

about whether you feel like that still stands, areas of risk, areas of opportunity and kind of your level of confidence? Chris Calio: Yes. Thanks for the question. Right now, Seth, we don't see a reason to change the outlook. The fundamental business drivers remain strong on both the commercial and defense side, our end markets have proven pretty resilient and demand remains strong as we set up front. I think with everybody else, there are several items that we're tracking that have 2025 implications. I think OE rates kind of continue to see the strength in the aftermarket. That's a big part of the cash walk in 2025. And of course, the supply chain I mean you just heard me talk about the sequential improvement and the stability we're seeing, but that's got to continue to ramp. But again, still feel like the 2025 cash goal here is achievable based on everything we see today, both within our four walls and the macro environment. Seth Seifman: Thank you very much. Operator: Thank you. Our next question coming from the line of Kristine Liwag from Morgan Stanley. Kristine Liwag, your line is open. Kristine Liwag: Hi. Good morning Chris, Neil and Nathan. Chris Calio: Good morning. Kristine Liwag: Maybe back with Pratt, you guys have highlighted that isothermal forgings are getting better. You're seeing doubled capacity increases in sonic inspections, which are all good, but structural castings continue to be an issue. Can you provide more color on why structural casting continues to linger. And then also, I mean, look, this historically has been one of the bottlenecks for previous aerospace ramp ups. So I guess, how is your approach different this time around to mitigate risk? And any color you could provide on the u

Verify independently

SEC filings for RTX · Claim quote is verbatim from the 2024Q2 earnings call.