L3Harris Technologies LHX
- Market cap
- $47.3B
- PE
- 25.6×
- 10y median 30.1×
- Forward PE
- 20.6×
- 10y median 19.2×
- Price to sales
- n/m
- one or more of the four quarters through 2026-07-03 missing
- EV/EBIT
- 25.2×
- Revenue, 12 months
- n/m
- one or more of the four quarters through 2026-07-03 missing
- Net margin
- n/m
- one or more of the four quarters through 2026-07-03 missing
- Free cash flow yield
- 5.9%
L3Harris Technologies trades at 25.6× trailing earnings, cheaper than 76% of the last ten years.
Charts
Financials
| Income statement | Q3 FY23 | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $4.9B+16% | $5.3B+17% | $5.2B+17% | $5.3B+13% | $5.3B+8% | $5.5B+3% | $5.1B−2% | $5.4B+2% | $5.7B+7% | n/a | $5.7B+12% | $5.9B+8% | |
| Cost of revenue | $3.6B+18% | $3.9B+17% | $3.9B+17% | $3.9B+12% | $3.9B+7% | $4.1B+6% | $3.8B−2% | $4.1B+4% | $4.2B+8% | n/a | $4.3B+15% | $4.4B+7% |
| Gross profit | $1.3B+10% | $1.5B+15% | $1.3B+16% | $1.4B+15% | $1.4B+9% | $1.4B−4% | $1.4B+0% | $1.3B−2% | $1.5B+5% | n/a | $1.4B+4% | $1.5B+13% |
| SG&A | $828M+12% | $925M+21% | $970M+26% | $884M+12% | $924M+12% | $790M−15% | $825M−15% | $764M−14% | $873M−6% | $968M+23% | $750M−9% | $848M+11% |
| $479M | $154M−69% | $378M−4% | $476M+19% | $495M+3% | $569M+270% | $525M+39% | $571M+20% | $621M+26% | $393M−31% | $652M+24% | $654M+15% | |
| Interest expense | $159M+127% | $171M+131% | $176M+73% | $172M+55% | $166M+4% | $161M−6% | $150M−15% | $152M−12% | $152M−8% | $143M−11% | $136M−9% | $129M−15% |
| Pre-tax income | $400M | $76M−86% | $290M−22% | $390M+5% | $430M+8% | $487M+541% | $459M+58% | $524M+34% | $567M+32% | $382M−22% | $589M+28% | $710M+36% |
| $18M | −$50M | $5M−85% | $23M+10% | $26M+44% | $31M | $73M+1360% | $66M+187% | $105M+304% | $82M+165% | $77M+6% | $110M+67% | |
| Net income | $383M | $158M−62% | $283M−16% | $366M+5% | $400M+4% | $453M+187% | $386M+36% | $458M+25% | $462M+16% | $300M−34% | $512M+33% | $600M+31% |
| $2.02 | $0.83−62% | $1.48−16% | $1.92+5% | $2.10+4% | $2.38+187% | $2.04+38% | $2.44+27% | $2.46+17% | $1.60−33% | $2.72+33% | $3.13+28% | |
| 190.1M−1% | 190.6M−1% | 190.8M−0% | 190.6M+0% | 190.5M+0% | 190.7M+0% | 189.1M−1% | 187.8M−2% | 188.1M−1% | 187.8M−2% | 188.1M−1% | 187.3M−0% |
Gross profit: 71 periods, Q1 FY09 to Q2 FY26: not printed by the filing, worked out from its own lines.
Operating income: 58 periods, Q1 FY09 to Q3 FY23: not printed by the filing, worked out from its own lines.
EPS, diluted: 17 periods, Q4 FY09 to Q4 FY25: quarter's net income to common over its shares, to the cent.
Diluted shares: Q4 FY09 and Q4 FY15: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days. 16 periods, Q4 FY10 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days.
From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.
Estimates
Next earnings report: .
| Quarter | Revenue | Range | EPS | Range | Analysts |
|---|---|---|---|---|---|
| Q3 FY26 | $5.9B | $5.9B to $5.9B | $2.95 | $2.79 to $3.23 | 7 |
| Q4 FY26 | $6B | $5.9B to $6.1B | $3.11 | $3.05 to $3.16 | 6 |
| Q1 FY27 | $6B | $5.9B to $6.1B | $3.02 | $2.93 to $3.09 | 2 |
| Q2 FY27 | $6.3B | $6.1B to $6.4B | $3.25 | $3.16 to $3.33 | 2 |
| Q3 FY27 | $6.4B | $6.2B to $6.5B | $3.47 | $3.38 to $3.56 | 2 |
| Q4 FY27 | $6.6B | $6.5B to $6.7B | $3.72 | $3.62 to $3.81 | 3 |
| Q1 FY28 | $6.4B | $6.3B to $6.6B | $3.45 | $3.35 to $3.54 | 3 |
| Q2 FY28 | $6.7B | $6.5B to $6.8B | $3.67 | $3.56 to $3.76 | 3 |
Peers
Companies in Aerospace & Defense nearest L3Harris Technologies' size, closest first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| LHXL3Harris Technologies | $47.3B | 25.6× | 30.1× | 20.6× | n/m | n/m | n/m |
| HONAHoneywell Aerospace | $51.8B | n/m | n/a | 20.1× | n/m | n/m | n/m |
| HEIHEICO | $41.6B | 49.5× | 59.3× | 42.8× | 8.0× | +21% | 16.4% |
| TDGTransDigm | $61.1B | 33.5× | 42.3× | 23.6× | 6.1× | +17% | 21.3% |
| AXONAxon Enterprise | $34.1B | 174× | 136× | 47.0× | 10.6× | +35% | 6.2% |
| HWMHowmet Aerospace | $74.1B | 40.1× | 40.9× | 31.5× | 8.1× | +18% | 20.5% |
| NOCNorthrop Grumman | $78.3B | 17.5× | 19.5× | 18.9× | 1.8× | +6% | 10.5% |
| GDGeneral Dynamics | $94.5B | 21.3× | 19.4× | 20.0× | 1.7× | +9% | 8.2% |
| WWDWoodward | $17.9B | 33.8× | 31.3× | n/m | 4.3× | +22% | 13.2% |
| CWCurtiss-Wright | $17.2B | 32.0× | 23.6× | 28.8× | 4.7× | +11% | 14.8% |
| LMTLockheed Martin | $139.4B | 21.5× | 18.7× | 19.2× | 1.8× | +8% | 8.2% |
| Peer median | $56.4B | 33.5× | 31.3× | 23.6× | 4.7× | +17% | 13.2% |
Investors who own it
Investors we follow who held L3Harris Technologies at the end of Jun 30, 2026, from their 13F filings.
- Cathie WoodARK Investment Management0.8% of portfolioadded
More on L3Harris Technologies
Each number over time
- PE ratio
- Forward PE
- Price to sales ratio
- EV/EBIT
- Price to free cash flow
- Price to book ratio
- Dividend yield
- Market cap
- Revenue
- EPS
- Free cash flow
- Profit margin
- Shares outstanding
Where it ranks
- #3of 24Aerospace and defense stocks cheapest against their own PE history
- #8of 56Industrial stocks with the highest dividend yields
- #6of 26Aerospace and defense stocks with the highest free cash flow yield
- #5of 14Aerospace and defense stocks with the lowest forward PE
Its groups
About
- Industry
- Aerospace & Defense
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .