L3Harris Technologies price to free cash flow LHX

Market value divided by free cash flow over the last twelve months, since 2010.

Today, Oct 23, 2026: 16.8×
10-year median: 22.7×
Against its 10-year history: 8th; percentile: 0 is its lowest day, 100 its highest
10-year range: 13.5× to 102×
Peer median: 36.0×

L3Harris Technologies' price to free cash flow is 16.8× as of Oct 23, 2026.

That is below its ten-year median of 22.7×, lower than on 92% of days in the last ten years.

Over that time it ranged from 13.5× in Jan 2021 to 102× in Aug 2018.

The median for 10 aerospace and defense stocks of a similar size is 36.0×.

Price to free cash flow over time

median 22.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	16.8×	15.7×	35.1×
2025	29.4×	17.4×	29.4×
2024	22.5×	22.5×	38.8×
2023	23.4×	15.4×	23.4×
2022	21.1×	19.2×	27.2×
2021	19.2×	13.5×	20.1×
2020	14.9×	14.1×	54.3×
2019	47.7×	17.0×	47.9×
2018	24.5×	24.1×	102×
2017	33.8×	16.5×	36.4×
2016	16.8×	10.0×	17.3×
2015	15.3×	10.7×	15.8×
2014	14.3×	10.0×	14.3×
2013	10.3×	7.0×	10.3×
2012	7.6×	7.3×	17.3×
2011	15.7×	7.9×	17.0×
2010	7.7×	7.7×	9.6×

Against its peers

Companies in Aerospace & Defense nearest L3Harris Technologies' size, closest first, today.

Company	Price to free cash flow
LHXL3Harris Technologies	16.8×
HONAHoneywell Aerospace	n/m
HEIHEICO	40.3×
TDGTransDigm	31.7×
AXONAxon Enterprise	256×
HWMHowmet Aerospace	41.4×
NOCNorthrop Grumman	21.5×
GDGeneral Dynamics	14.7×
WWDWoodward	47.6×
CWCurtiss-Wright	27.5×
LMTLockheed Martin	n/m
Peer median	36.0×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on L3Harris Technologies

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.