L3Harris Technologies Inc LHX

239.21 (0.68) (0.28%) as of 23 Sep
Market cap
$44.7B
P/E
24.0×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 11.77
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 1 2 2 1
Insider Ownership 0.41%

Capital & Financial Ratios

Market Cap 44,740.00
Revenue 22,932.00
Net Income 1,874.00
Free Cash Flow 2,806.00
Net Debt 9,478.00
Current Ratio 1.18
Debt/Equity 0.55
P/E ratio 24.02
P/S ratio 1.94
P/B ratio 2.24
Past 5Y EPS Growth 16.47%
This Y EPS Growth 11.22%
Next Y EPS Growth 13.73%
Next 5Y EPS Growth 13.26%
in millions of $

Dividends

Payout Ratio 1.07
Annual Dividend Rate 4.56
Annual Dividend Yield 2.32%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 4.97
1.25
1.25
1.25
2025 4.80
1.20
1.20
1.20
1.20
2024 4.64
1.16
1.16
1.16
1.16
2023 4.56
1.14
1.14
1.14
1.14
2022 4.48
1.12
1.12
1.12
1.12
2021 4.08
1.02
1.02
1.02
1.02
2020 3.40
0.85
0.85
0.85
0.85
2019 2.87
0.69
0.69
0.75
0.75
2018 2.51
0.57
0.57
0.69
0.69
2017 2.20
0.53
0.53
0.57
0.57
2016 2.06
0.50
0.50
0.53
0.53
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 560 615 1,069 1,521
Receivables 1,291 1,451 1,424 1,950
Inventory 1,472 1,330 1,219 1,272
Other 4,732 4,822 4,881 5,340
8,055 8,218 8,593 10,083
2023 2024 2025 Q'26
Payables 2,106 2,005 2,461 2,085
ST’ Debt 363 640 1,815
Other 2,716 5,113 4,765 4,617
8,004 7,633 7,226 8,517
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 14.00% 3.74% 8.62%
Cash Flow 18.50% 2.17% 12.91%
Earnings 11.07% 7.49% 14.78%
Book Value 20.96% (1.19%) 1.78%

Revenue

Mar Jun Sep Dec Year
’26 5,744 5,881
’25 5,132 5,426 5,659 5,648 21,865
’24 5,211 5,299 5,292 5,523 21,325
’23 4,471 4,693 4,915 5,340 19,419
’22 4,103 4,135 4,246 4,578 17,062
’21 4,567 4,668 4,229 4,350 17,814
’20 4,626 4,445 4,463 4,660 18,194
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (95) 879
’25 (42) 640 546 1,962 3,106
’24 (104) 754 780 1,129 2,559
’23 350 414 543 789 2,096
’22 39 749 588 782 2,158
’21 661 720 484 822 2,687
’20 533 802 757 698 2,790
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (187) 771
’25 (101) 561 418 1,804 2,682
’24 (219) 657 702 1,011 2,151
’23 279 392 395 581 1,647
’22 (16) 709 512 715 1,920
’21 597 660 408 2,416 4,081
’20 485 742 671 615 2,513
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 2.72 3.13
’25 2.04 2.44 2.46 1.59 8.53
’24 1.48 1.92 2.10 2.37 7.87
’23 1.76 1.83 2.02 0.83 6.44
’22 2.44 2.42 (1.56) 2.17 5.49
’21 2.25 2.01 2.39 2.46 9.09
’20 0.99 1.30 1.98 0.91 5.19
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
70.97 99.13 123.24 129.46 142.01 168.70 202.31 160.25 200.18 193.09

Analyst estimates 2026–2028

Powerpack
Low Price
107.54 144.94 175.50 217.31 230.99 246.08 279.71 219.31 265.74 308.12
High Price
21,000 17,000 17,500 18,200 48,000 47,000 46,000 50,000 47,000 45,000
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
5,992 5,900 6,182 18,526 18,194 17,814 17,062 19,419 21,325 21,865
Revenue
33.33% 34.86% 34.78% 27.39% 29.17% 30.18% 28.88% 26.33% 25.90% 25.73%
Gross Margin
884 905 926 1,816 1,322 2,283 1,273 1,221 1,597 1,932
EBT
14.75% 15.34% 14.98% 9.80% 7.27% 12.82% 7.46% 6.29% 7.49% 8.84%
EBT Margin
609 636 719 1,646 1,086 1,842 1,061 1,198 1,512 1,606
Net Income
289 273 260 442 1,799 1,211 1,740 1,540 1,327 1,309
Depreciation
48.32 47.97 51.95 83.83 85.02 88.49 88.96 102.42 112.36 116.68
Revenue/Sh
2.59 4.44 5.92 3.67 5.23 9.17 5.54 6.47 7.91 8.57
Earnings/Sh
7.45 4.63 6.31 4.25 13.04 13.35 11.25 11.05 13.48 16.57
Cash Flow/Sh
0.00 0.00 0.00 0.00 (1.29) 6.93 (1.24) (2.37) (2.15) (2.26)
Capex/Sh
7.45 4.63 6.31 4.25 11.74 20.27 10.01 8.69 11.33 14.31
Free CF/Sh
24.65 23.80 27.92 102.20 97.39 95.97 97.10 99.31 103.16 104.78
Book Value/Sh
124 123 119 221 214 201 192 190 190 187
Shares
36.30 30.62 20.43 24.70 36.14 23.23 37.42 32.47 26.58 34.26
PE Ratio
2.06 2.86 2.51 3.43 2.22 2.41 2.33 2.05 1.87 2.52
PS Ratio
4.02 5.62 4.64 1.94 1.94 2.22 2.13 2.11 2.04 2.80
PB Ratio
2.69 3.46 3.05 3.90 2.54 2.75 2.69 2.61 2.39 2.98
EV/Sales
17.09 15.18 23.70 28.65 18.35 12.02 23.88 30.81 23.72 24.26
EV/FCF
924 569 751 939 2,790 2,687 2,158 2,096 2,559 3,106
Op' Cash Flow
(152) (119) (136) (173) (277) 1,394 (238) (449) (408) (424)
Capex
924 569 751 939 2,513 4,081 1,920 1,647 2,151 2,682
FCF
643 147 435 2,303 2,427 1,808 978 51 585 1,367
Working Cap'
4,517 4,030 3,790 7,864 6,951 7,059 7,043 11,523 11,721 10,443
Total Debt
4,030 3,546 3,502 7,040 5,675 6,118 6,163 10,963 11,106 9,374
Net Debt
3,056 2,928 3,322 22,587 20,841 19,319 18,624 18,829 19,579 19,635
Sh' Equity
2.86% 5.57% 7.27% 6.79% 2.97% 5.15% 3.11% 3.26% 3.59% 3.86%
ROA
0.00% 0.00% 0.00% 0.00% 4.70% 5.15% 4.86% 3.78% 3.98% 4.73%
ROIC
11.22% 19.19% 21.70% 12.67% 5.15% 9.19% 5.60% 6.55% 7.82% 8.19%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

L3Harris Technologies Inc (LHX) Latest News

News by impact score

Fine-tune

19 Sep

3

L3Harris Technologies Inc is positioned as an undervalued stock offering exposure to drones with an artificial intelligence component. Highlighting LHX as affordable drone play with AI features can lift near-term investor attention but leaves core business trajectory unchanged.

18 Sep

4

L3Harris Technologies Inc is shifting to execution focus under its new CEO, targeting growth in radio and space segments. New CEO's strategic emphasis on radio and space growth represents major moves likely to alter company trajectory.

3

L3Harris Technologies Inc expands global operations in defense and aerospace to access new markets and diversify revenue amid domestic competition. Global expansion creates additional revenue channels that moderately affect L3Harris long-term positioning without immediate transformative effects.

17 Sep

4

L3Harris Technologies secures a $4.7b PAC-3 MSE contract, raising questions on potential LHX undervaluation. The $4.7b contract win drives major revenue growth and strengthens L3Harris market position.

15 Sep

3

L3Harris Technologies Inc stock is projected to rise 150% with 12 additional aerospace sector buy recommendations. Analyst price target and buy list may lift short-term sentiment and trading volume for L3Harris without altering fundamentals.

3

L3Harris Technologies stock fell 30 percent, after which Guggenheim issued a buy rating on the shares. Guggenheim buy rating after 30 percent decline may lift short-term sentiment and share price modestly.

9 Sep

3

L3Harris Technologies secures PAC-3 award to support missile defense programs and drive growth in its missile business segment. PAC-3 contract award offers moderate boost to L3Harris missile operations and near-term revenue outlook.

8 Sep

4

L3Harris Technologies Inc awarded landmark PAC-3 MSE Propulsion Contract to supply missile systems for U.S. defense arsenal. Landmark defense contract secures major revenue and strengthens long-term positioning in missile propulsion market.

3 Sep

4

L3Harris Technologies shows momentum in space and missile programs alongside new Navy contracts, prompting questions on whether investors should act on LHX shares. New Navy contracts plus space and missile momentum represent major strategic growth likely to alter L3Harris trajectory and investor sentiment.

3

L3Harris Technologies Inc pursues strategic investment to strengthen missile solutions capabilities. Strategic investment targets core missile solutions area with potential moderate influence on operations and positioning.

2 Sep

4

L3Harris Technologies expands its role in the US Navy electronic warfare program. Expanded Navy electronic warfare role strengthens core defense revenue streams and market positioning.

3

L3Harris Technologies CEO exits amid ongoing analysis that the bull case for the stock continues to highlight undervaluation. CEO exit creates leadership transition risks that may influence near-term sentiment without derailing the core undervaluation outlook.

28 Aug

3

L3Harris Technologies explores Viper Shield potential to accelerate electronic warfare segment growth amid defense sector demand. Viper Shield targets core electronic warfare expansion for L3Harris with possible moderate revenue and positioning effects.

26 Aug

4

Electronic warfare demand may boost L3Harris Technologies Inc (LHX) growth prospects via expanded defense contracts and technology upgrades. Electronic warfare demand directly supports major expansion in L3Harris core defense operations and revenue streams.

19 Aug

3

L3Harris replaced its CEO while reaffirming guidance, triggering a 4.6% share price decline. CEO transition paired with reaffirmed guidance signals continuity rather than major strategic overhaul, producing moderate near-term market effects.

18 Aug

4

L3Harris Technologies ousts its CEO, placing LHX stock under market focus. CEO ouster at L3Harris Technologies signals major strategic shift likely to alter company trajectory and investor sentiment.

4

L3Harris demonstrated multi-domain supremacy at the annual Project Convergence exercise. Demonstration of multi-domain capabilities at a major defense exercise signals major strategic positioning for future contracts and market gains.

4

L3Harris Technologies Inc has fired CEO Chris Kubasik following a conduct investigation. CEO removal after misconduct probe creates leadership instability likely to sway investor sentiment and short-term stock performance.

4

L3Harris Technologies Inc's CEO ouster and governance stance raise questions about altering the investment case for the company. CEO ouster and governance stance at L3Harris Technologies Inc may significantly alter company trajectory and investor sentiment.

4

L3Harris Technologies ousted CEO Chris Kubasik for a code of conduct violation. CEO ouster over conduct violation creates leadership instability that can shift company trajectory and investor sentiment.

17 Aug

4

L3Harris stock falls after conduct probe forces immediate CEO exit. CEO exit amid conduct probe creates major leadership uncertainty and regulatory risk for operations.

4

L3Harris Technologies CEO steps down after conduct review, resulting in stock price decline. CEO exit tied to conduct review introduces leadership instability that can pressure operations and investor confidence at L3Harris.

4

L3Harris shares decline after CEO Christopher Kubasik exits following a conduct review. CEO exit after conduct review triggers share drop and raises governance concerns that can alter leadership stability and investor sentiment.

4

L3Harris CEO steps down amid conduct review, triggering immediate share price decline. CEO exit during conduct review creates leadership uncertainty that can shift investor sentiment and near-term performance.

4

L3Harris Technologies appoints Sam Mehta as President and Chief Executive Officer. CEO appointment at L3Harris signals major leadership shift with potential to alter strategy and performance.

3

L3Harris Technologies Inc ousted CEO Kubasik for a conduct violation. CEO ouster creates leadership uncertainty likely to cause temporary operational and sentiment effects.

3

L3Harris Technologies Inc opens a new Rhode Island facility to expand undersea capabilities and drive growth in naval systems. New facility adds capacity for undersea work but amounts to incremental operational expansion without altering core trajectory.

3

L3Harris Technologies replaced its CEO following a conduct investigation, resulting in share price declines. CEO ouster after misconduct probe sparks immediate stock drop and signals governance risks for L3Harris.

3

L3Harris Technologies Inc has parted ways with Chairman and CEO Christopher Kubasik over conduct issues. CEO departure over misconduct creates leadership uncertainty that may influence operations and sentiment without fundamentally redefining company trajectory.

12 Aug

3

L3Harris Technologies opens Rhode Island production facility to support US and allied naval readiness. New facility expands naval production capacity and supports defense contracts.

stockrow.com/LHX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com