Wednesday 14 October 2026
Export LHX’s income statement to Excel — free account
L3Harris Technologies Inc
LHX Industrials Aerospace & Defense
In the quarter to June 2026, revenue grew 8.39%, EPS grew 28.6%, free cash flow grew 37.4% and total debt fell 1.06%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for three.
237.34
2.62
+1.12%
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| Jun '18 | Dec '18 | Jun '19 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | — | — | — | 7 | 6 | 6 | 6 | 8 |
P/E ratio |
29.67 | 20.43 | 22.27 | 24.70 | 36.14 | 23.23 | 37.42 | 32.47 | 26.58 | 34.26 |
P/S ratio |
2.88 | 2.51 | 3.10 | 3.43 | 2.22 | 2.41 | 2.33 | 2.05 | 1.87 | 2.52 |
Altman Z-Score |
2.78 | 3.18 | 3.35 | 2.71 | 2.34 | 2.57 | 2.46 | 1.77 | 1.87 | 2.42 |
Altman Z″-Score (non-manufacturers) |
1.95 | 2.99 | 2.15 | 2.89 | 2.36 | 2.34 | 2.18 | 1.41 | 1.61 | 1.87 |
P/FCF ratio |
13.65 | 19.54 | 20.58 | 25.15 | 16.10 | 10.52 | 20.67 | 24.15 | 18.55 | 20.51 |
Beneish M-Score |
— | — | — | — | (3.45) | (2.90) | (2.56) | (2.55) | (2.46) | (2.65) |
P/Operating CF |
75.14 | 45.02 | 67.77 | 51.34 | 57.95 | 52.22 | 50.75 | 50.41 | 35.35 | 28.04 |
P/B ratio |
5.27 | 4.64 | 6.27 | 1.94 | 1.94 | 2.22 | 2.13 | 2.11 | 2.04 | 2.80 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 71 |
Price to Tangible BV |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Sales |
3.45 | 3.05 | 3.52 | 3.90 | 2.54 | 2.75 | 2.69 | 2.61 | 2.39 | 2.98 |
EV/EBITDA |
6.97 | 4.83 | 8.93 | 22.45 | 12.16 | 14.83 | 12.50 | 15.19 | 15.54 | 18.57 |
EV/Operating CF |
18.96 | 19.67 | 20.22 | 30.32 | 16.53 | 18.25 | 21.25 | 24.21 | 19.94 | 20.95 |
EV/FCF |
16.36 | 23.70 | 23.40 | 28.65 | 18.35 | 12.02 | 23.88 | 30.81 | 23.72 | 24.26 |
Quick Ratio |
0.50 | 0.67 | 0.52 | 1.17 | 0.69 | 0.46 | 0.37 | 0.23 | 0.27 | 0.35 |
Current Ratio |
1.20 | 1.24 | 1.14 | 1.57 | 1.57 | 1.40 | 1.17 | 1.01 | 1.08 | 1.19 |
Net Debt/EBITDA |
2.90 | 2.45 | 2.14 | 2.23 | 1.50 | 1.85 | 1.68 | 3.28 | 3.38 | 2.68 |
Debt/Assets |
37.68% | 38.52% | 33.79% | 20.51% | 18.81% | 20.34% | 21.01% | 27.64% | 27.91% | 25.35% |
Debt/Equity |
1.13 | 1.14 | 1.02 | 0.35 | 0.33 | 0.37 | 0.38 | 0.61 | 0.60 | 0.53 |
Asset Turnover |
0.62 | 0.63 | 0.68 | 0.76 | 0.48 | 0.50 | 0.50 | 0.52 | 0.51 | 0.53 |
Operating CF/Net income |
1.07 | 1.05 | 1.25 | 0.57 | 2.49 | 1.46 | 2.03 | 1.71 | 1.70 | 1.93 |
Capex/Depreciation |
(0.53) | 0.00 | (0.62) | 0.00 | (0.15) | 1.15 | (0.14) | (0.29) | (0.31) | (0.32) |
Interest Coverage |
5.41 | 1,172.00 | 6.54 | 188.33 | 7.85 | 7.91 | 6.91 | 3.31 | 2.90 | 3.68 |
| 22.53% | 21.70% | 28.39% | 12.67% | 5.15% | 9.19% | 5.60% | 6.55% | 7.82% | 8.19% | |
| 7.01% | 7.27% | 9.51% | 6.79% | 2.97% | 5.15% | 3.11% | 3.26% | 3.59% | 3.86% | |
ROIC |
8.58% | 0.00% | 10.92% | 0.00% | 4.70% | 5.15% | 4.86% | 3.78% | 3.98% | 4.73% |
Return on Tangible Assets |
54.87% | 53.63% | 78.82% | 31.27% | 24.71% | 47.22% | 34.46% | 42.12% | 44.29% | 39.83% |
Average Days of Receivables |
37.87 | 53.67 | 34.78 | 76.38 | 32.88 | 23.42 | 26.76 | 24.27 | 24.84 | 23.77 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
19.16% | 10.79% | 18.26% | 11.64% | 18.22% | 18.41% | 17.57% | 17.06% | 16.73% | 15.69% |
Intangible Assets out of Total Assets |
0.65 | 0.65 | 0.61 | 0.74 | 0.72 | 0.72 | 0.69 | 0.68 | 0.67 | 0.64 |
Share Based Compensation of Revenue |
1.33% | 0.00% | 2.07% | 0.00% | 1.70% | 1.95% | 1.90% | 1.65% | 1.69% | 1.67% |
Graham Net Nets |
(0.25) | (0.26) | (0.20) | (0.21) | (0.23) | (0.21) | (0.21) | (0.37) | (0.36) | (0.24) |
Graham Number |
0.00 | 65.56 | 71.53 | 0.00 | 107.05 | 140.79 | 109.92 | 120.14 | 135.50 | 142.14 |
Earnings Yield |
3.37% | 4.89% | 4.49% | 4.05% | 2.77% | 4.31% | 2.67% | 3.08% | 3.76% | 2.92% |
Free Cash Flow Yield |
7.33% | 5.12% | 4.86% | 3.98% | 6.21% | 9.51% | 4.84% | 4.14% | 5.39% | 4.88% |
Revenue per Share |
52.01 | 51.95 | 57.64 | 83.83 | 85.02 | 88.49 | 88.96 | 102.42 | 112.36 | 116.68 |
Operating CF per Share |
6.33 | 6.31 | 10.04 | 4.25 | 13.04 | 13.35 | 11.25 | 11.05 | 13.48 | 16.57 |
Capex per Share |
(1.15) | 0.00 | (1.36) | 0.00 | (1.29) | 6.93 | (1.24) | (2.37) | (2.15) | (2.26) |
Free Cash Flow per Share |
5.19 | 6.31 | 8.68 | 4.25 | 11.74 | 20.27 | 10.01 | 8.69 | 11.33 | 14.31 |
Cash per Share |
2.43 | 2.42 | 4.49 | 3.73 | 5.96 | 4.67 | 4.59 | 2.95 | 3.24 | 5.70 |
Shareholders Equity per Share |
27.64 | 27.92 | 28.50 | 102.20 | 97.39 | 95.97 | 97.10 | 99.31 | 103.16 | 104.78 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
27.64 | 27.92 | 28.50 | 102.20 | 97.39 | 95.97 | 97.10 | 99.31 | 103.16 | 104.78 |
Free Cash Flow |
615.00 | 751.00 | 1,024.00 | 939.00 | 2,513.00 | 4,081.00 | 1,920.00 | 1,647.00 | 2,151.00 | 2,682.00 |
Working Capital |
374.00 | 435.00 | 310.00 | 2,303.00 | 2,427.00 | 1,808.00 | 978.00 | 51.00 | 585.00 | 1,367.00 |
Capital Expenditures |
(136.00) | (136.00) | (161.00) | (173.00) | (277.00) | 1,394.00 | (238.00) | (449.00) | (408.00) | (424.00) |
Net Current Asset Value |
(4,349.00) | (4,294.00) | (4,176.00) | (9,280.00) | (9,452.00) | (9,031.00) | (8,146.00) | (14,803.00) | (14,204.00) | (12,967.00) |
EV/EBIT |
21.87 | 20.15 | 23.31 | 35.56 | 23.14 | 23.40 | 23.77 | 28.19 | 26.08 | 29.64 |
Capex to Sales |
0.02 | 0.00 | 0.02 | 0.00 | 0.02 | (0.08) | 0.01 | 0.02 | 0.02 | 0.02 |
Price to Operating Income |
7.73 | 4.33 | 8.46 | 31.22 | 20.30 | 20.48 | 20.58 | 22.10 | 20.40 | 25.06 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.29 | 0.29 | 0.29 | 0.15 | 0.86 | 0.58 | 0.83 | 0.54 | 0.47 | 0.49 |
Cash ROIC |
8.45% | 10.15% | 14.00% | 3.00% | 8.65% | 14.94% | 7.23% | 5.33% | 6.74% | 8.61% |
Accounts Receivable Turnover |
9.59 | 7.98 | 8.74 | 8.19 | 6.60 | 12.81 | 14.25 | 15.28 | 15.55 | 15.21 |
Accounts Payable Turnover |
7.00 | 6.48 | 7.79 | 15.06 | 9.66 | 7.84 | 6.54 | 7.06 | 7.69 | 7.27 |
Inventory Turnover |
6.50 | 6.04 | 6.95 | 17.04 | 11.76 | 12.72 | 10.68 | 10.36 | 11.28 | 12.74 |
Average Days of Payables |
55.84 | 56.31 | 42.90 | 34.22 | 39.83 | 51.85 | 58.50 | 53.73 | 46.32 | 55.31 |
Days of Inventory on Hand |
36.90 | 83.74 | 29.42 | 33.08 | 27.56 | 28.82 | 38.83 | 37.56 | 30.72 | 27.40 |
Average Receivables |
643.50 | 774.50 | 778.50 | 2,262.50 | 2,758.00 | 1,391.00 | 1,197.00 | 1,271.00 | 1,371.00 | 1,437.50 |
Average Payables |
581.00 | 622.00 | 573.50 | 893.00 | 1,333.50 | 1,586.50 | 1,856.00 | 2,025.50 | 2,055.50 | 2,233.00 |
Average Inventory |
626.00 | 668.00 | 642.50 | 789.50 | 1,096.00 | 977.50 | 1,136.50 | 1,381.50 | 1,401.00 | 1,274.50 |
Average Assets |
9,970.50 | 9,845.00 | 9,978.00 | 24,226.50 | 37,648.00 | 35,834.50 | 34,116.50 | 37,605.50 | 41,844.00 | 41,598.00 |
Average Common Equity |
3,103.00 | 3,300.00 | 3,342.50 | 12,975.00 | 21,714.00 | 20,080.00 | 18,971.50 | 18,726.50 | 19,204.00 | 19,607.00 |
Columns are period end dates