Stock · LHX · Industrials
United States · Large Cap · listed since 1981 · Revenue 12 mo. $22.9B
Price as of 11/06/2026
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide.
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, such as helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios and system applications and equipment. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.
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Summary
49.8 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €2.4B (2025), it supports €26.7B. The remaining €16.5B of the market value assume it grows 6.8% a year for 10 years and not at all afterwards.
Required FCF growth per year
6.8%
no growth afterwards
Price to operating cash flow 14.9×, below its usual range.
Middle half of 20 quarters: 16.4× to 21.4×, median 18.3×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
No anomaly in the stored figures.
Since the last quarter
Q1 → Q2 2026
6 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, FCF margin, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 8.18% | 13.10% | Rank 22 |
| Return on capital (Greenblatt) | 53.32% | 19.33% | Rank 82 |
| EBIT margin | 9.83% | 11.28% | Rank 41 |
| FCF margin | 12.27% | 8.50% | Rank 72 |
| Gross margin | 25.73% | 28.98% | Rank 45 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | 2.53% | 5.15% | Rank 35 |
| Earnings growth, 3 years per year | 15.81% | 8.01% | Rank 68 |
| Earnings growth, 5 years per year | 10.46% | 12.89% | Rank 40 |
| Sustainable growth (ROE × retained earnings) | 1.94% | 4.02% | Rank 22 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 3.28% | 4.42% | Rank 30 |
| FCF yield | 5.57% | 3.98% | Rank 71 |
| EV/saleslower is better | 2.67 | 2.08 | Rank 41 |
| EV/EBITlower is better | 27.13 | 19.47 | Rank 24 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −18.42% | −0.01% | Rank 18 |
| Share price, 6 months | −12.78% | −1.43% | Rank 30 |
| Share price, 3 months | −4.21% | 0.53% | Rank 40 |
| Distance from 52-week high | −31.33% | −16.36% | Rank 23 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | −4.58% | 1.39% | Rank 94 |
| Change in share countlower is better | −1.21% | −0.44% | Rank 62 |
| Dividend streak in years | 25 | 5 | Rank 93 |
| Price reaction to results, market-adjusted | 6.89% | 0.27% | Rank 89 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 47.66% | 39.65% | Rank 65 |
| Net debt/EBITDAlower is better | 2.71 | 1.38 | Rank 22 |
| Debt to equitylower is better | 0.57 | 0.61 | Rank 55 |
| Volatility, 1 yearlower is better | 28.90% | 32.95% | Rank 65 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt, $B |
|---|---|---|---|---|---|
| 2016 | 6.0 | 17.6% | $772.0M | 125M | 4.0 |
| 2017 | 5.9 | 15.1% | $450.0M | 124M | 3.5 |
| 2018 | 6.2 | 18.2% | $615.0M | 121M | 3.5 |
| 2019 | 12.9 | 8.5% | $766.0M | 224M | 7.0 |
| 2020 | 18.2 | 11.9% | $2.4B | 216M | 6.4 |
| 2021 | 17.8 | 11.8% | $2.4B | 203M | 6.9 |
| 2022 | 17.1 | 11.3% | $1.9B | 194M | 6.9 |
| 2023 | 19.4 | 9.3% | $1.6B | 191M | 13.4 |
| 2024 | 21.3 | 9.5% | $2.2B | 191M | 12.4 |
| 2025 | 21.9 | 9.8% | $2.7B | 188M | 10.2 |
4 of 7 StockScorer Score rules met · How the score is built
L3Harris Technologies Inc mainly meets criteria in the Valuation category. Result from 18 strategies checked.
L3Harris Technologies Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
4 of 7 rules met
7 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for L3Harris Technologies Inc.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 30.5 | 22.5 |
| P/B ratio | 2.5 | 2.9 |
| Return on equity (ROE) | 8.2% | 13.1% |
| Equity ratio | 47.7% | 39.7% |
| Debt-to-equity (D/E) | 0.57 | 0.61 |
| Dividend yield | 1.9% | 2.0% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| LHX | L3Harris Technologies Incthis page | |
| HEI | Heico Corporation | locked |
| HONA | Honeywell Aerospace Inc | High6.4 |
| RKLB | Rocket Lab USA Inc. | Low1.8 |
| TDG | Transdigm Group Incorporated | locked |
| AXON | Axon Enterprise Inc. | locked |
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Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.
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