L3HARRIS TECHNOLOGIES, INC. /DE/ LHX

Latest FY: 2026 Industrials Aerospace & Defense
Market Price $291.71
Market Cap $53.73B
P/E Ratio 34.20
Quick Peer Compare (Industrials):
Revenue (FY 2026) 0.0% YoY
$21.86B
3-Yr CAGR: 4.0%
Net Income 0.0% YoY
$1.61B
Net Margin: 7.3%
Free Cash Flow 0.0% YoY
$2.68B
FCF Yield: 4.99%
EPS (Diluted) 0.0% YoY
$8.53
Basic: $8.57
Return on Equity Efficiency
8.2%
ROA: 3.9%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (LHX)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2026: Revenue YoY (+0.0%) is identical to Gross Profit YoY (+0.0%). Verify the underlying Revenue and Gross Profit values for FY 2026 and FY 2025.
  • FY 2026: Revenue YoY (+0.0%) is identical to Net Income YoY (+0.0%). Verify the underlying Revenue and Net Income values for FY 2026 and FY 2025.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $7,467.0M $2,335.0M $324.0M $2.59 $924.0M $772.0M
FY 2017 $5,900.0M -21.0% $2,089.0M $553.0M +70.7% $4.44 +71.4% $569.0M $450.0M -41.7%
FY 2018 $6,182.0M +4.8% $2,251.0M $718.0M +29.8% $5.92 +33.3% $751.0M $615.0M +36.7%
FY 2019 $6,801.0M +10.0% $2,334.0M $949.0M +32.2% $7.86 +32.8% $1,185.0M $1,024.0M +66.5%
FY 2020
FY 2021 $18,194.0M $5,376.0M $1,846.0M $9.09 $2,687.0M $2,345.0M
FY 2022 $17,062.0M -6.2% $4,927.0M $1,062.0M -42.5% $5.49 -39.6% $2,158.0M $1,906.0M -18.7%
FY 2023 $19,419.0M +13.8% $5,113.0M $1,227.0M +15.5% $6.44 +17.3% $2,096.0M $1,647.0M -13.6%
FY 2024 $21,325.0M +9.8% $5,524.0M $1,502.0M +22.4% $7.87 +22.2% $2,559.0M $2,151.0M +30.6%
FY 2025 $21,865.0M +2.5% $5,625.0M $1,606.0M +6.9% $8.53 +8.4% $3,106.0M $2,682.0M +24.7%
FY 2026 $21,865.0M 0.0% $5,625.0M $1,606.0M 0.0% $8.53 0.0% $3,106.0M $2,682.0M 0.0%
$

Valuation

Market Price $291.71
Market Cap $53.73B
Enterprise Value $63.10B
P/E Ratio 34.20
P/B Ratio 2.77
FCF Yield 4.99%
Dividend Yield N/A
Shares Outstanding 186,295,000
%

Profitability & Margins

Gross Margin 25.73%
Operating Margin 9.65%
Net Margin 7.35%
Return on Equity (ROE) 8.18%
Return on Assets (ROA) 3.90%
Asset Turnover 0.53x
Revenue 3-Yr CAGR 4.03%
🛡️

Financial Health & Liquidity

Current Ratio 1.19
Cash Ratio 0.15
Debt / Equity 0.532
Debt / Assets 0.254
Cash & Equivalents $1.07B
Total Debt $10.44B
Book Value / Share $105.40
💧

Cash Flow Efficiency

Operating Cash Flow $3.11B
Capital Expenditures (CapEx) $424.00M
Free Cash Flow $2.68B
OCF / Revenue 14.21%
FCF / Revenue 12.27%
FCF 3-Yr CAGR 17.65%
🏷️

Per Share Metrics

EPS (Diluted) $8.53
EPS (Basic) $8.57
Dividends / Share N/A
Book Value / Share $105.40
EPS YoY Growth 0.00%
🏛️

Balance Sheet (FY 2026)

Total Assets $41.20B
Total Liabilities $21.56B
Stockholders' Equity $19.64B
Current Assets $8.59B
Current Liabilities $7.23B