L3Harris/$LHX
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About L3Harris
In addition to its legacy software-defined radio franchise, L3Harris Technologies has, through a series of acquisitions, established franchises producing uncrewed aerial vehicles, sensors, avionics, space-based systems, missiles, and solid rocket motors. It is also adept at refitting civilian aircraft for military use, provides military and commercial training services, and maintains the US Federal Aviation Administration's communication infrastructure.
- Ticker
- $LHX
- Sector
- Industrials
- Primary listing
- NYSE
- Employees
- 45,000
- Headquarters
- Melbourne, United States
- Website
- www.l3harris.com
L3Harris Metrics
BasicAdvanced
$48B
24.21
$10.74
0.46
$4.95
1.92%
Price and volume
Market cap
$48B
Beta
0.46
52-week high
$379.23
52-week low
$232.34
Average daily volume
1.8M
Dividend rate
$4.95
Financial strength
Current ratio
1.196
Quick ratio
0.98
Long term debt to equity
0.433
Total debt to equity
0.518
Dividend payout ratio (TTM)
45.45%
Interest coverage (TTM)
5.90%
Profitability
EBITDA (TTM)
4,240
Gross margin (TTM)
25.55%
Net profit margin (TTM)
8.76%
Operating margin (TTM)
13.85%
Effective tax rate (TTM)
15.68%
Revenue per employee (TTM)
$520,000
Management effectiveness
Return on assets (TTM)
4.76%
Return on equity (TTM)
10.03%
Valuation
Price to earnings (TTM)
24.207
Price to revenue (TTM)
2.077
Price to book
2.39
Price to tangible book (TTM)
-7.87
Price to free cash flow (TTM)
13.312
Free cash flow yield (TTM)
7.51%
Free cash flow per share (TTM)
19.523
Dividend yield (TTM)
1.90%
Forward dividend yield
1.92%
Growth
Revenue change (TTM)
7.33%
Earnings per share change (TTM)
15.56%
3-year revenue growth (CAGR)
7.74%
3-year earnings per share growth (CAGR)
11.33%
3-year dividend per share growth (CAGR)
2.92%
What the Analysts think about L3Harris
Analyst ratings (Buy, Hold, Sell) for L3Harris stock.
Analyst projections of the future price of L3Harris stock.
Bulls say / Bears say
L3Harris delivered 9% organic revenue growth in Q3, EPS rose 33%, and it lifted its full-year revenue and EPS guidance. That suggests strong demand is already feeding through to earnings. (L3Harris)
Third-quarter orders of $19.3 billion lifted backlog to a record $53.2 billion, with a 3.2x book-to-bill and major multi-year THAAD and PAC-3 awards. This gives the company a substantial pool of future work as it expands missile production. (L3Harris)
Counter-drone systems offer another growth driver: L3Harris reported more than $500 million in VAMPIRE orders from the US and allies, and delivered the first units to the US Army just two months after receiving its order. That points to demand beyond its large missile programmes and an ability to respond quickly. (L3Harris)
The production build-out will absorb cash: S&P expects capital spending to rise to $1.6 billion next year from $600 million this year, while free operating cash flow moderates to about $2 billion from nearly $3 billion. A slower ramp could prolong the pressure on cash generation and debt reduction. (S&P Global Ratings)
The record backlog is not all funded: $31.2 billion of the $53.2 billion total was funded at quarter-end, leaving $22 billion unfunded. Future funding and appropriations are needed before that portion can provide the same revenue certainty as funded work. (SEC)
The planned missile-business IPO has been pushed to late 2027, and the government securities tied to the unit had a $1.6 billion book value at Q3. If the IPO does not happen by 2031, L3Harris would need to repay that amount, adding financing uncertainty. (S&P Global Ratings)
Data summarised monthly by Lightyear AI. Last updated on 4 Nov 2026.
L3Harris Financial Performance
Revenues and expenses
L3Harris Earnings Performance
Company profitability
Upcoming events
L3Harris News
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Funds containing L3Harris
AllUSDEURGBP
Fund name | Fund size | $LHX weighting |
|---|---|---|
ARK Space And Defence Innovation£ARCX | $47M | 7.38% |
ARK Space And Defence Innovation€ARXX | $47M | 7.38% |
Global X Defence Tech£ARMG | $537M | 6.37% |
Global X Defence Tech$ARMR | $537M | 6.37% |
iShares Global Aerospace & Defence£DFND | $1.9B | 2.47% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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