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L3Harris Technologies, Inc.(LHX)Earnings, Financials & Key Ratios
LHX•NYSE
34.6× P/E·Price updated Jun 19, 2026
AboutL3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions for air traffic management. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.Show more
- Revenue$21.86B+2.5%
- EBITDA$3.42B+2.2%
- Net Income$1.61B+6.9%
- EPS (Diluted)8.53+8.4%
- Gross Margin25.73%+15.6%
- EBITDA Margin15.64%-0.4%
- Operating Margin10.04%+4.0%
- Net Margin7.35%+4.3%
- ROE8.19%+4.7%
LHX Key Insights
L3Harris Technologies, Inc. (LHX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 9/9
- ✓24 consecutive years of dividend growth
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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LHX Price & Volume
L3Harris Technologies, Inc. (LHX) stock price & volume — 10-year historical chart
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LHX Growth Metrics
L3Harris Technologies, Inc. (LHX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years13.82%
5 Years3.74%
3 Years8.62%
TTM5.79%
Profit CAGR
10 Years17.36%
5 Years7.49%
3 Years14.78%
TTM7.91%
EPS CAGR
10 Years12.66%
5 Years10.49%
3 Years15.82%
TTM9.25%
Return on Capital
10 Years9.01%
5 Years6.01%
3 Years6.36%
Last Year6.42%
LHX Recent Earnings
L3Harris Technologies, Inc. (LHX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 30, 2026Metric
Actual
Est
EPS
$2.72+7.5%
$2.53
Rev
$5.7B+6.0%
$5.4B
Q1 2026
Jan 29, 2026Metric
Actual
Est
EPS
$2.86+3.6%
$2.76
Rev
$5.6B-2.1%
$5.8B
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$2.70+4.7%
$2.58
Rev
$5.7B+2.4%
$5.5B
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$2.78+12.1%
$2.48
Rev
$5.4B+2.1%
$5.3B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $2.72vs $2.53+7.5% | $5.7Bvs $5.4B+6.0% |
| Q1 2026 | Jan 29, 2026 | $2.86vs $2.76+3.6% | $5.6Bvs $5.8B-2.1% |
| Q4 2025 | Oct 30, 2025 | $2.70vs $2.58+4.7% | $5.7Bvs $5.5B+2.4% |
| Q3 2025 | Jul 24, 2025 | $2.78vs $2.48+12.1% | $5.4Bvs $5.3B+2.1% |
Based on last 12 quarters of dataView full earnings history →
LHX Peer Comparison
L3Harris Technologies, Inc. (LHX) competitors in Defense Electronics and Sensors — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RTX | 249.94B | 185.60 | 37.42 | 9.74% | 8.03% | 10.92% | 0.59 | |
 NOC | 74.07B | 521.50 | 17.93 | 2.24% | 10.8% | 28.05% | 1.18 | |
 LMT | 117.75B | 510.95 | 23.78 | 5.65% | 6.38% | 74.53% | 3.23 | |
 GD | 94.65B | 350.01 | 22.64 | 10.13% | 8.07% | 17.41% | 0.38 | |
 BA | 175.57B | 222.72 | 89.81 | 34.49% | 2.46% | 289.7% | 9.97 | |
 HII | 11.24B | 285.43 | 18.55 | 8.23% | 4.71% | 12.05% | 0.62 | |
 LDOS | 13.47B | 107.07 | 9.62 | 3.07% | 7.77% | 27.1% | 1.19 | |
 BAH | 7.95B | 66.36 | 9.60 | -6.37% | 7.57% | 81.03% | 3.73 |
Compare LHX vs Peers
L3Harris Technologies, Inc. (LHX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
LHX Income Statement
L3Harris Technologies, Inc. (LHX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Jun'18 | Jun'19 | Dec'19 | Jan'21 | Dec'21 | Dec'22 | Dec'23 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 6.18B | 6.8B | 18.53B | 18.19B | 17.81B | 17.06B | 19.42B | 21.32B | 21.86B | 22.48B |
Revenue Growth % | 4.78% | 10.01% | 172.4% | -1.79% | -2.09% | -4.22% | 13.81% | 9.82% | 2.53% | 5.79% |
Cost of Goods Sold | 4.03B | 4.47B | 13.45B | 12.86B | 12.44B | 12.13B | 14.99B | 16.58B | 16.24B | 16.98B |
COGS % of Revenue | 65.22% | 65.68% | 72.61% | 70.66% | 69.82% | 71.12% | 77.21% | 77.75% | 74.27% | - |
Gross Profit | 2.15B▲ 0% | 2.33B▲ 8.6% | 5.07B▲ 117.4% | 5.34B▲ 5.2% | 5.38B▲ 0.7% | 4.93B▼ 8.4% | 4.43B▼ 10.2% | 4.75B▲ 7.2% | 5.63B▲ 18.5% | 5.5B▲ 0% |
Gross Margin % | 34.78% | 34.32% | 27.39% | 29.34% | 30.18% | 28.88% | 22.79% | 22.25% | 25.73% | 24.47% |
Gross Profit Growth % | 4.52% | 8.56% | 117.4% | 5.22% | 0.69% | -8.35% | -10.17% | 7.21% | 18.55% | - |
Operating Expenses | 978M | 1.24B | 2.81B | 3.17B | 3.15B | 3.8B | 2.4B | 2.69B | 3.43B | 3.25B |
OpEx % of Revenue | 15.82% | 18.26% | 15.19% | 17.41% | 17.69% | 22.27% | 12.36% | 12.6% | 15.69% | - |
Selling, General & Admin | 667M | 1.24B | 2.16B | 2.48B | 3.28B | 3B | 1.92B | 3.57B | 3.43B | 3.03B |
SG&A % of Revenue | 10.79% | 18.26% | 11.64% | 13.65% | 18.41% | 17.57% | 9.89% | 16.73% | 15.69% | - |
Research & Development | 311M | 0 | 658M | 684M | 692M | 603M | 480M | 515M | 0 | 269M |
R&D % of Revenue | 5.03% | - | 3.55% | 3.76% | 3.88% | 3.53% | 2.47% | 2.42% | - | - |
Other Operating Expenses | 0 | 0 | 0 | 0 | -820M | 199M | 0 | -1.4B | 0 | 0 |
Operating Income | 1.17B▲ 0% | 1.28B▲ 9.2% | 2.26B▲ 76.6% | 2.17B▼ 3.9% | 2.22B▲ 2.4% | 1.13B▼ 49.3% | 2.02B▲ 79.7% | 2.06B▲ 1.6% | 2.19B▲ 6.7% | 2.25B▲ 0% |
Operating Margin % | 18.96% | 18.82% | 12.2% | 11.93% | 12.48% | 6.61% | 10.43% | 9.65% | 10.04% | 10.01% |
Operating Income Growth % | 3.63% | 9.21% | 76.56% | -3.94% | 2.44% | -49.33% | 79.68% | 1.63% | 6.66% | - |
EBITDA | 1.43B | 1.54B | 3.15B | 3.22B | 3.19B | 2.07B | 3.19B | 3.35B | 3.42B | 3.28B |
EBITDA Margin % | 23.16% | 22.61% | 17.02% | 17.69% | 17.93% | 12.16% | 16.44% | 15.7% | 15.64% | 14.57% |
EBITDA Growth % | 1.99% | 7.4% | 105.07% | 2.03% | -0.75% | -35.07% | 53.95% | 4.82% | 2.15% | -5.56% |
D&A (Non-Cash Add-back) | 260M | 258M | 894M | 1.05B | 970M | 947M | 1.17B | 1.29B | 1.22B | 1.03B |
EBIT | 1.1B | 1.28B | 2.09B | 1.59B | 2.55B | 1.55B | 1.76B | 2.27B | 2.53B | 2.57B |
Net Interest Income | -168M | -167M | 0 | -254M | -265M | -279M | -543M | -675M | -597M | -583M |
Interest Income | 2M | 0 | 0 | 16M | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense | 170M | 167M | 0 | 270M | 265M | 279M | 543M | 675M | 597M | 583M |
Other Income/Expense | -246M | 21M | -444M | -849M | 59M | 146M | -804M | -461M | -263M | -188M |
Pretax Income | 908M▲ 0% | 1.11B▲ 22.6% | 1.82B▲ 63.2% | 1.32B▼ 27.2% | 2.28B▲ 72.7% | 1.27B▼ 44.2% | 1.22B▼ 4.1% | 1.6B▲ 30.8% | 1.93B▲ 21.0% | 2.06B▲ 0% |
Pretax Margin % | 14.69% | 16.37% | 9.8% | 7.27% | 12.82% | 7.46% | 6.29% | 7.49% | 8.84% | 9.17% |
Income Tax | 206M | 160M | 146M | 234M | 440M | 212M | 23M | 85M | 326M | 330M |
Effective Tax Rate % | 22.69% | 14.38% | 8.04% | 17.7% | 19.27% | 16.65% | 1.88% | 5.32% | 16.87% | 16% |
Net Income | 699M▲ 0% | 949M▲ 35.8% | 1.64B▲ 73.2% | 1.12B▼ 31.9% | 1.85B▲ 65.0% | 1.06B▼ 42.5% | 1.23B▲ 15.5% | 1.5B▲ 22.4% | 1.61B▲ 6.9% | 1.73B▲ 0% |
Net Margin % | 11.31% | 13.95% | 8.87% | 6.15% | 10.36% | 6.22% | 6.32% | 7.04% | 7.35% | 7.71% |
Net Income Growth % | 28.73% | 35.77% | 73.23% | -31.93% | 64.97% | -42.47% | 15.54% | 22.41% | 6.92% | 7.91% |
Net Income (Continuing) | 702M | 953M | 1.67B | 1.09B | 1.84B | 1.06B | 1.2B | 1.51B | 1.61B | 1.73B |
Discontinued Operations | -3M | 0 | -2M | -2M | -1M | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 157M | 117M | 106M | 101M | 64M | 65M | 0 | 0 |
EPS (Diluted) | 5.77▲ 0% | 7.88▲ 36.6% | 7.35▼ 6.7% | 5.18▼ 29.5% | 9.08▲ 75.3% | 5.49▼ 39.5% | 6.44▲ 17.3% | 7.87▲ 22.2% | 8.53▲ 8.4% | 9.20▲ 0% |
EPS Growth % | 29.95% | 36.57% | -6.73% | -29.52% | 75.29% | -39.54% | 17.3% | 22.2% | 8.39% | 9.25% |
EPS (Basic) | 5.89 | 8.04 | 7.43 | 5.23 | 9.17 | 5.54 | 6.47 | 7.91 | 8.57 | - |
Diluted Shares Outstanding | 121.1M | 120.5M | 223.7M | 215.9M | 203.2M | 193.5M | 190.6M | 190.7M | 188.4M | 188.24M |
Basic Shares Outstanding | 118.6M | 118M | 221.2M | 214M | 201.3M | 191.8M | 189.6M | 189.8M | 187.4M | 186.86M |
Dividend Payout Ratio | 38.91% | 34.25% | 20.5% | 64.79% | 44.26% | 81.36% | 70.74% | 58.99% | 56.23% | - |
LHX Balance Sheet
L3Harris Technologies, Inc. (LHX) balance sheet — assets, liabilities & shareholders' equity
| Metric | Jun'18 | Jun'19 | Dec'19 | Jan'21 | Dec'21 | Dec'22 | Dec'23 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 2.13B | 2.58B | 6.31B | 6.67B | 6.36B | 6.75B | 7.91B | 8.22B | 8.59B | 8.89B |
Cash & Short-Term Investments | 422M | 530M | 824M | 1.28B | 941M | 880M | 560M | 615M | 1.07B | 590M |
Cash Only | 422M | 530M | 824M | 1.28B | 941M | 880M | 560M | 615M | 1.07B | 590M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 666M | 1.46B | 3.88B | 4.08B | 4.16B | 4.28B | 4.43B | 4.68B | 4.99B | 1.91B |
Days Sales Outstanding | 39.32 | 78.09 | 76.38 | 81.77 | 85.32 | 91.52 | 83.19 | 80.12 | 83.3 | 57.47 |
Inventory | 942M | 360M | 1.22B | 973M | 982M | 1.29B | 1.47B | 1.33B | 1.22B | 1.23B |
Days Inventory Outstanding | 85.28 | 29.42 | 33.08 | 27.63 | 28.82 | 38.83 | 35.84 | 29.28 | 27.4 | 26.89 |
Other Current Assets | 102M | 1.23B | 392M | 281M | 272M | 305M | 1.45B | 1.59B | 1.31B | 5.16B |
Total Non-Current Assets | 7.72B | 7.54B | 32.02B | 30.29B | 28.35B | 26.77B | 33.77B | 33.78B | 32.6B | 32.49B |
Property, Plant & Equipment | 878M | 894M | 2.95B | 2.87B | 2.87B | 2.86B | 3.6B | 2.81B | 2.67B | 2.66B |
Fixed Asset Turnover | 7.04x | 7.61x | 6.27x | 6.34x | 6.21x | 5.97x | 5.39x | 7.60x | 8.20x | 8.30x |
Goodwill | 5.37B | 5.34B | 20B | 18.88B | 18.19B | 17.28B | 19.98B | 20.32B | 20.01B | 20B |
Intangible Assets | 1.05B | 870M | 8.46B | 7.91B | 6.64B | 6B | 8.54B | 7.64B | 6.51B | 6.33B |
Long-Term Investments | 0 | 0 | 2M | 3M | 1M | 1M | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 215M | 262M | 507M | 519M | 565M | 552M | 1.56B | 2.89B | 3.34B | 3.43B |
Total Assets | 9.86B▲ 0% | 10.12B▲ 2.6% | 38.34B▲ 278.9% | 36.96B▼ 3.6% | 34.71B▼ 6.1% | 33.52B▼ 3.4% | 41.69B▲ 24.3% | 42B▲ 0.8% | 41.2B▼ 1.9% | 41.38B▲ 0% |
Asset Turnover | 0.63x | 0.67x | 0.48x | 0.49x | 0.51x | 0.51x | 0.47x | 0.51x | 0.53x | 0.55x |
Asset Growth % | -2.32% | 2.65% | 278.93% | -3.59% | -6.09% | -3.41% | 24.35% | 0.75% | -1.92% | -4.69% |
Total Current Liabilities | 1.74B | 2.27B | 4.01B | 4.24B | 4.55B | 5.78B | 8B | 7.63B | 7.23B | 8.6B |
Accounts Payable | 462M | 525M | 1.26B | 1.41B | 1.77B | 1.95B | 2.11B | 2B | 2.46B | 1.93B |
Days Payables Outstanding | 41.82 | 42.9 | 34.22 | 39.92 | 51.85 | 58.5 | 51.27 | 44.14 | 55.31 | 44.75 |
Short-Term Debt | 528M | 759M | 260M | 10M | 13M | 820M | 2.08B | 1.3B | 0 | 2.17B |
Deferred Revenue (Current) | 290M | 496M | 1.21B | 1.2B | 1.3B | 1.4B | 1.9B | 2.14B | 2.26B | 2.32B |
Other Current Liabilities | 120M | 197M | 331M | 509M | 444M | 417M | 1.28B | 1.74B | 2.02B | 4.5B |
Current Ratio | 1.22x | 1.14x | 1.57x | 1.57x | 1.40x | 1.17x | 0.99x | 1.08x | 1.19x | 1.03x |
Quick Ratio | 0.68x | 0.98x | 1.27x | 1.34x | 1.18x | 0.95x | 0.80x | 0.90x | 1.02x | 0.89x |
Cash Conversion Cycle | 82.77 | 64.61 | 75.25 | 69.48 | 62.28 | 71.85 | 67.76 | 65.26 | 55.39 | 39.6 |
Total Non-Current Liabilities | 5.12B | 4.49B | 11.58B | 11.88B | 10.84B | 9.12B | 14.85B | 14.79B | 14.33B | 13.1B |
Long-Term Debt | 3.39B | 2.76B | 6.69B | 6.94B | 7.05B | 6.22B | 10.92B | 10.88B | 10.44B | 0 |
Capital Lease Obligations | 0 | -1.17B | 781M | 734M | 768M | 741M | 948M | 804M | 0 | 0 |
Deferred Tax Liabilities | 34M | 12M | 1.48B | 1.24B | 1.34B | 719M | 815M | 942M | 1.11B | 4.18B |
Other Non-Current Liabilities | 1.7B | 1.71B | 2.54B | 2.96B | 1.57B | 1.32B | 2.08B | 2.07B | 2.78B | 11.87B |
Total Liabilities | 6.86B | 6.75B | 15.59B | 16.12B | 15.39B | 14.9B | 22.86B | 22.42B | 21.56B | 21.7B |
Total Debt | 3.92B | 3.52B | 7.86B | 7.69B | 7.83B | 7.79B | 13.95B | 12.98B | 10.44B | 2.17B |
Net Debt | 3.5B | 2.99B | 7.04B | 6.41B | 6.89B | 6.91B | 13.39B | 12.37B | 9.37B | 1.58B |
Debt / Equity | 1.31x | 1.05x | 0.35x | 0.37x | 0.41x | 0.42x | 0.74x | 0.66x | 0.53x | 0.11x |
Debt / EBITDA | 2.74x | 2.29x | 2.49x | 2.39x | 2.45x | 3.75x | 4.37x | 3.88x | 3.05x | 0.66x |
Net Debt / EBITDA | 2.44x | 1.95x | 2.23x | 1.99x | 2.16x | 3.33x | 4.19x | 3.69x | 2.74x | 0.48x |
Interest Coverage | 6.45x | 7.66x | - | 5.90x | 9.62x | 5.56x | 3.25x | 3.37x | 4.24x | 4.41x |
Total Equity | 2.99B▲ 0% | 3.36B▲ 12.3% | 22.74B▲ 576.3% | 20.84B▼ 8.4% | 19.32B▼ 7.3% | 18.62B▼ 3.6% | 18.83B▲ 1.1% | 19.58B▲ 4.0% | 19.64B▲ 0.3% | 19.68B▲ 0% |
Equity Growth % | 2.25% | 12.32% | 576.3% | -8.37% | -7.3% | -3.6% | 1.1% | 3.98% | 0.29% | 7.61% |
Book Value per Share | 24.72 | 27.91 | 101.67 | 96.53 | 95.07 | 96.25 | 98.79 | 102.67 | 104.22 | 104.55 |
Total Shareholders' Equity | 2.99B | 3.36B | 22.59B | 20.72B | 19.21B | 18.52B | 18.77B | 19.51B | 19.64B | 19.68B |
Common Stock | 119M | 119M | 218M | 208M | 194M | 191M | 190M | 190M | 187M | 187M |
Retained Earnings | 1.42B | 2.17B | 2.18B | 2.35B | 2.92B | 2.94B | 3.22B | 3.74B | 4.21B | 4.42B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | -254M | -707M | -508M | -839M | -146M | -288M | -198M | 27M | 119M | 98M |
Minority Interest | 0 | 0 | 157M | 117M | 106M | 101M | 64M | 65M | 0 | 0 |
LHX Cash Flow Statement
L3Harris Technologies, Inc. (LHX) cash flow — operating, investing & free cash flow history
| Metric | Jun'18 | Jun'19 | Dec'19 | Jan'21 | Dec'21 | Dec'22 | Dec'23 | Jan'25 | Jan'26 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 751M | 1.19B | 939M | 2.79B | 2.69B | 2.16B | 2.1B | 2.56B | 3.11B | 3.05B |
Operating CF Margin % | 12.15% | 17.42% | 5.07% | 15.33% | 15.08% | 12.65% | 10.79% | 12% | 14.21% | - |
Operating CF Growth % | 31.99% | 57.79% | -20.76% | 197.12% | -3.69% | -19.69% | -2.87% | 22.09% | 21.38% | -97.53% |
Net Income | 699M | 949M | 1.65B | 1.09B | 1.84B | 1.06B | 1.23B | 1.51B | 1.61B | 1.73B |
Depreciation & Amortization | 259M | 258M | 894M | 1.03B | 967M | 938M | 1.17B | 1.29B | 1.22B | 1.21B |
Stock-Based Compensation | 82M | 141M | 454M | 310M | 348M | 325M | 320M | 97M | 0 | 148M |
Deferred Taxes | 320M | 44M | -2.14B | -215M | -114M | -596M | -423M | 174M | 206M | 414M |
Other Non-Cash Items | -423M | -115M | -21M | 494M | -482M | 340M | 121M | 16M | 121M | 98M |
Working Capital Changes | -186M | -92M | 109M | 83M | 126M | 90M | -315M | -529M | -51M | -544M |
Change in Receivables | -101M | -9M | 89M | -250M | 217M | -210M | 186M | -66M | -780M | -481M |
Change in Inventory | -19M | -1M | 158M | 60M | -68M | -310M | -182M | 96M | 117M | 8M |
Change in Payables | 82M | -84M | -148M | 173M | 430M | 180M | 87M | -90M | 475M | -104M |
Cash from Investing | -141M | -159M | 1.32B | 751M | 1.39B | -250M | -7.02B | -263M | 407M | -434M |
Capital Expenditures | -136M | -161M | -173M | -368M | -342M | -252M | -449M | -408M | -424M | -464M |
CapEx % of Revenue | 2.2% | 2.37% | 0.93% | 2.02% | 1.92% | 1.48% | 2.31% | 1.91% | 1.94% | 2.06% |
Acquisitions | -2M | 0 | 1.49B | 1.03B | 1.72B | -42M | -6.56B | 0 | 820M | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -5M | 2M | 0 | 91M | 21M | 44M | -11M | 145M | 11M | 23M |
Cash from Financing | -805M | -781M | -1.97B | -3.11B | -4.41B | -1.95B | 4.59B | -2.22B | -3.08B | -2.56B |
Debt Issued (Net) | -271M | -281M | -109M | -30M | -7M | -10M | 6B | -877M | -1.13B | -904M |
Equity Issued (Net) | -289M | -200M | -1.39B | -2.29B | -3.68B | -1.08B | -518M | -554M | -1.15B | -881M |
Dividends Paid | -272M | -325M | -337M | -725M | -817M | -864M | -868M | -886M | -903M | -913M |
Share Repurchases | -272M | -200M | -1.5B | -2.29B | -3.67B | -1.08B | -518M | -554M | -1.15B | -881M |
Other Financing | 27M | 25M | -134M | -63M | 91M | 6M | -17M | 93M | 108M | 137M |
Net Change in Cash | -196M▲ 0% | 242M▲ 223.5% | 536M▲ 121.5% | 452M▼ 15.7% | -335M▼ 174.1% | -61M▲ 81.8% | -320M▼ 424.6% | 55M▲ 117.2% | 454M▲ 725.5% | 73M▲ 0% |
Free Cash Flow | 615M▲ 0% | 1.02B▲ 66.5% | 766M▼ 25.2% | 2.42B▲ 216.2% | 2.35B▼ 3.2% | 1.91B▼ 18.7% | 1.65B▼ 13.6% | 2.15B▲ 30.6% | 2.68B▲ 24.7% | 2.59B▲ 0% |
FCF Margin % | 9.95% | 15.06% | 4.13% | 13.31% | 13.16% | 11.17% | 8.48% | 10.09% | 12.27% | 11.52% |
FCF Growth % | 36.67% | 66.5% | -25.2% | 216.19% | -3.18% | -18.72% | -13.59% | 30.6% | 24.69% | 14.1% |
FCF per Share | 5.08 | 8.50 | 3.42 | 11.22 | 11.54 | 9.85 | 8.64 | 11.28 | 14.24 | 13.75 |
FCF Conversion (FCF/Net Income) | 1.07x | 1.25x | 0.57x | 2.49x | 1.46x | 2.03x | 1.71x | 1.70x | 1.93x | 1.49x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
LHX Key Ratios
L3Harris Technologies, Inc. (LHX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 23.61% | 29.86% | 12.59% | 5.13% | 9.19% | 5.6% | 6.55% | 7.82% | 8.19% | 8.87% |
Return on Invested Capital (ROIC) | 13.56% | 14.95% | 9.38% | 5.71% | 6.24% | 3.27% | 5.26% | 4.81% | 5.4% | 6.02% |
Gross Margin | 34.78% | 34.32% | 27.39% | 29.34% | 30.18% | 28.88% | 22.79% | 22.25% | 25.73% | 24.47% |
Net Margin | 11.31% | 13.95% | 8.87% | 6.15% | 10.36% | 6.22% | 6.32% | 7.04% | 7.35% | 7.71% |
Debt / Equity | 1.31x | 1.05x | 0.35x | 0.37x | 0.41x | 0.42x | 0.74x | 0.66x | 0.53x | 0.11x |
Interest Coverage | 6.45x | 7.66x | - | 5.90x | 9.62x | 5.56x | 3.25x | 3.37x | 4.24x | 4.41x |
FCF Conversion | 1.07x | 1.25x | 0.57x | 2.49x | 1.46x | 2.03x | 1.71x | 1.70x | 1.93x | 1.49x |
Revenue Growth | 4.78% | 10.01% | 172.4% | -1.79% | -2.09% | -4.22% | 13.81% | 9.82% | 2.53% | 5.79% |
Related:LHX Dividend History·LHX Revenue History·LHX Price History·LHX P/E History·LHX Financial Ratios·LHX Institutional Holders
LHX SEC Filings & Documents
L3Harris Technologies, Inc. (LHX) SEC filings — annual & quarterly reports (10-K, 10-Q)
LHX Frequently Asked Questions
L3Harris Technologies, Inc. (LHX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
L3Harris Technologies, Inc. (LHX) reported $22.48B in revenue for fiscal year 2025. This represents a 1053% increase from $1.95B in 1996.
L3Harris Technologies, Inc. (LHX) grew revenue by 2.5% over the past year. Growth has been modest.
Yes, L3Harris Technologies, Inc. (LHX) is profitable, generating $1.73B in net income for fiscal year 2025 (7.3% net margin).
Dividend & Returns
Yes, L3Harris Technologies, Inc. (LHX) pays a dividend with a yield of 1.63%. This makes it attractive for income-focused investors.
L3Harris Technologies, Inc. (LHX) has a return on equity (ROE) of 8.2%. This is below average, suggesting room for improvement.
L3Harris Technologies, Inc. (LHX) generated $2.59B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.