L3Harris Technologies, Inc. LHX
Aerospace & Defense, Industrials
$233.63
−1.79%
- Market cap
- $43.5B
- PE
- 23.6×
- 10y median 30.1×
- Forward PE
- Price to sales
- —
- EV/EBIT
- 23.5×
- Revenue, 12 months
- $21.7B
- +3% on a year ago
- Net margin
- —
- Free cash flow yield
- 6.5%
L3Harris Technologies trades at 23.6× trailing earnings, cheaper than 90% of the last ten years. Revenue was $21.7B over the last twelve months, up 3% on a year earlier.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $5.3B | $5.2B | $5.3B | $5.3B | $5.5B+3% | $5.1B−2% | $5.4B+2% | $5.7B+7% | — | $5.7B+12% | $5.9B+8% | |
| Cost of revenue | $3.9B | $3.9B | $3.9B | $3.9B | $4.1B+6% | $3.8B−2% | $4.1B+4% | $4.2B+8% | — | $4.3B+15% | $4.4B+7% |
| Gross profit | $1.5B | $1.3B | $1.4B | $1.4B | — | $1.4B+0% | $1.3B−2% | $1.5B+5% | — | $1.4B+4% | $1.5B+13% |
| R&D | $0 | $114M | $124M | $0 | $0 | $111M−3% | $132M+7% | $137M | $155M | $146M+32% | $0 |
| SG&A | $925M | $970M | $884M | $924M | $790M−15% | $825M−15% | $764M−14% | $873M−6% | $968M+23% | $750M−9% | $848M+11% |
| $154M | $378M | $476M | $495M | $728M+373% | $554M+47% | $584M+23% | $631M+28% | $376M−48% | $652M+18% | $654M+12% | |
| Interest expense | $171M | $176M | $172M | $166M | $161M−6% | $150M−15% | $152M−12% | $152M−8% | $143M−11% | $136M−9% | $129M−15% |
| Pre-tax income | $76M | $290M | $390M | $430M | $487M+541% | $459M+58% | $524M+34% | $567M+32% | $382M−22% | $589M+28% | $710M+36% |
| −$50M | $5M | $23M | $26M | $31M | $73M+1360% | $66M+187% | $105M+304% | $82M+165% | $77M+6% | $110M+67% | |
| Net income | $158M | $283M | $366M | $400M | $453M+187% | $386M+36% | $458M+25% | $462M+16% | $300M−34% | $512M+33% | $600M+31% |
| $0.83 | $1.48 | $1.92 | $2.10 | $2.37+186% | $2.04+38% | $2.44+27% | $2.46+17% | $1.59−33% | $2.72+33% | $3.13+28% | |
| 190.6M | 190.8M | 190.6M | 190.5M | 190.6M+0% | 189.1M−1% | 187.8M−2% | 188.1M−1% | 188.2M−1% | 188.1M−1% | 187.3M−0% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Aerospace & Defense within ten times L3Harris Technologies's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| LHXL3Harris Technologies, Inc. | $43.5B | 23.6× | 30.1× | — | +83% | — | |
| HEIHEICO Corporation | $41.3B | 49.2× | 59.3× | 8.0× | +21% | 16.4% | |
| AXONAxon Enterprise, Inc. | $33B | 168× | 137× | 10.2× | +35% | 6.2% | |
| TDGTransDigm Group Incorporated | $60.6B | 33.3× | 42.4× | 6.1× | +17% | 21.3% | |
| NOCNorthrop Grumman Corporation | $67.3B | 15.0× | 19.4× | 1.6× | +6% | 10.5% | |
| GDGeneral Dynamics Corporation | $88.4B | 19.9× | 19.4× | 1.6× | +9% | 8.2% | |
| HWMHowmet Aerospace Inc. | $88.8B | 48.0× | 40.5× | 9.7× | +18% | 20.5% | |
| CWCurtiss-Wright Corporation | $18.8B | 35.0× | 23.6× | 5.1× | +11% | 14.8% | |
| LMTLockheed Martin Corporation | $115.2B | 18.4× | 18.7× | 1.5× | +7% | 8.2% | |
| BAThe Boeing Company | $148.8B | 81.5× | 23.9× | 1.6× | +25% | 2.6% | |
| RTXRTX Corporation | $242.9B | 31.7× | 31.7× | 2.6× | +12% | 8.3% | |
| Peer median | $77.8B | 34.1× | 27.8× | 3.9× | +14% | 9.4% |
About
- Industry
- Aerospace & Defense
- Sector
- Industrials
Valuation data, not investment advice. Prices as of .