Buyback Radar
Company reports

RTX

RTX

RTX has retired 11.3% of its shares since 2020, from 1,519,478,134 to 1,347,758,144.

11.3%retired since 2020
10.0%last 5 years
-0.5%last 12 months
1.3Bshares today
Shares outstanding, 2009 to todaysplit adjusted, from SEC filings
1.5B shares, 20201.3B2010201520202025
2009, 1,489,750,1342026-06-30, 1,347,758,144
A share bought in 2009
1.1× more of RTX today, without buying another share. It was one of 1,489,750,133 shares then. It is one of 1,347,758,144 now.
Every filing we read17 fiscal years, split adjusted
Fiscal yearDateShares outstandingFiling
20092009-12-311,489,750,13410-K
20102011-01-311,462,604,97810-K
20112012-01-311,441,575,27210-K
20122013-01-311,456,540,83010-K
20132014-01-311,454,310,64410-K
20142015-01-311,441,472,46510-K
20152016-01-311,329,090,46410-K
20162017-01-311,280,514,30510-K
20172018-01-311,270,847,71110-K
20182019-01-311,369,318,83810-K
20192020-01-311,374,975,97110-K
20202021-01-291,519,478,13410-K
20212022-01-311,492,330,98710-K
20222023-01-311,464,954,58410-K
20232024-01-311,326,826,89610-K
20242024-12-311,332,122,75810-K
20252025-12-311,342,287,67610-K

Source: all 10-K filings of RTX on EDGAR. Download this series as CSV. Licence CC BY 4.0, credit Buyback Radar.

What the buybacks cost, since fiscal 2021cash flow statement against share count
$18.5Bspent on buybacks
172Mfewer shares outstanding
$91average price paid per share bought back
0.0%buyback yield, last fiscal year’s spend on today’s market value

Cash spent comes from the cash flow statement. Shares outstanding fell by less than the company bought, because part of every buyback only replaces shares handed to employees. Today’s price is $193.92.

The stock, long termall time, by TradingView

Loading the chart from TradingView…

All-time chart by TradingView. Open it on TradingView →

RTX buybacks, answered

Is RTX buying back its stock?

Not on a net basis. RTX has 0.5% more shares outstanding than twelve months ago. Whatever it bought back did not cover the new shares it issued. Over five years the share count is down 10.0%.

How many shares has RTX bought back?

Net of every new share it issued, RTX has 171.7 million fewer shares than at its 2020 peak. That is 11.3% of the company. Since fiscal 2021 alone it bought back about 202.2 million shares, while the count fell by 144.6 million. The difference went to employees and other new shares.

How many shares does RTX have outstanding?

1,347,758,144 shares, as of June 30, 2026, from the cover page of its latest 10-Q. At the 2020 peak it had 1,519,478,134.

What do RTX's buybacks mean for a shareholder?

Each share is a bigger slice of the company. Someone who held RTX stock in 2020 owns 1.1 times as much of the business today without buying another share. Whether that was a good use of cash depends on the price paid.

How does RTX compare with other cannibal stocks?

RTX ranks No. 251 of 251 companies on Buyback Radar by share of the company retired since its peak. Close to it on the list: Vail Resorts (12.0%), Thermo Fisher (11.7%).

Every answer is computed from RTX's own SEC filings and rebuilt every Monday. Latest count: 10-Q on EDGAR.

Superinvestors who own it

Tom GaynerMarkel Group224,000 shares, $42.5M, Q2 2026
Lee AinslieMaverick Capital1,550,533 shares, $294.2M, Q2 2026

From the latest 13F filings. All superinvestors.

Insider buying, last 12 months

No open-market purchases reported in the last 12 months.

The story

The numbers say what happened. The story says whether it can continue. We cover companies like RTX in depth on Cannibal Stocks.

Read Cannibal Stocks