JNJ vs RTX: Which Is the Better Buy?

Side-by-side comparison of Johnson & Johnson and RTX Corporation — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-06-20.
Johnson & Johnson · Healthcare
$228.39
-20.6% upside to fair value
Grade D High Quality
VS
RTX Corporation · Industrials
$185.60
-25.2% upside to fair value
Grade D
QuantHub Verdict
JNJ has more upside to fair value (-20.6%). JNJ trades at a lower forward P/E (26.3x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric JNJ RTX
Current Price $228.39 $185.60
Fair Value Estimate $181.44 $138.81
Upside to Fair Value -20.6% -25.2%
Market Cap $549.8B $249.9B
Forward P/E 26.3x 34.3x
EV / EBITDA 17.4x 18.3x
Price / Sales 5.7x 2.8x
Price / FCF 30.9x 29.9x
Revenue Growth YoY +9.9% +8.7%
Gross Margin 69.1% 20.2%
Operating Margin 26.9% 10.9%
Return on Equity 26.3% 11.2%
Dividend Yield 0% 0%
FCF Yield 3.24% 3.34%
Analyst Consensus Buy Buy
Investment Thesis
JNJ — Johnson & Johnson
Johnson & Johnson is a leading global healthcare company focused on innovative medicine and MedTech following the Kenvue consumer spin-off. It benefits from a durable competitive moat with strong market positions in pharmaceuticals and medical devices, supported by a long-tenured management team and disciplined capital allocation. However, the stock is currently very expensive, trading approximat…
RTX — RTX Corporation
RTX Corporation is a leading aerospace and defense company with a strong competitive moat driven by scale and an installed base in commercial aerospace via Pratt & Whitney and Collins Aerospace, and defense through Raytheon. The company benefits from a large multi-year backlog of approximately $270 billion supporting steady cash flow and mid-single-digit organic growth. Despite solid revenue grow…
Accumulation Zones
Metric JNJ RTX
Zone Low $136.08 $104.11
Zone High $154.22 $117.99
In Buy Zone? No No
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