L3Harris Technologies Inc

LHX Industrials Aerospace & Defense

L3Harris Technologies Inc’s revenue for fiscal 2025 (year ended December 2025) was $21.9 billion, up 2.53% from fiscal 2024. 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.

278.07 0.36 −0.13%
Market cap
$51.9B
P/E
27.9×
Fwd P/E
21.3×
Dividend yield
1.78%
F-score
8/9
Altman Z
2.42
Beneish M
−2.65
Dividend safety
71/100

L3Harris Technologies Inc (LHX) Debt to equity

Alert me on Debt to equity

L3Harris Technologies Inc's debt to equity at the end of the quarter to 30 June 2026 was 0.6×, up 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.3× (fiscal 2020) to 1.5× (fiscal 2015); the current reading is higher than 33% of that period. That is above the Aerospace & Defense industry median of 0.2× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.5× (11.16%)
FY2024 0.6× (2.17%)
FY2023 0.6× 61.82%
FY2022 0.4× 3.50%
FY2021 0.4× 9.57%
FY2020 0.3× (4.22%)
FY2019 0.3× (65.75%)
FY2019 1.0× (10.89%)
FY2018 1.1× 0.75%
FY2018 1.1× (17.73%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× (1.09%)
Mar 2026 0.6× (1.20%)
Dec 2025 0.6× 0.55%
Sep 2025 0.6× (2.38%)
42 more quarters

Against its own ten years

Low 0.3× High 1.5×
Ten-year median 1.0×
Current reading's percentile 33

Debt to equity against peers

Company Debt to equity
TDG Transdigm Group Incorporated compare −3.3×
HONA Honeywell Aerospace inc. compare −2.8×
RKLB Rocket Lab Corporation compare 0.0×
ESLT Elbit Systems Ltd. compare 0.1×
AXON Axon Enterprise, Inc compare 0.5×
HEI Heico Corporation compare 0.5×
HEI.A Heico Corporation compare 0.5×
LHX L3Harris Technologies Inc 0.6×
NOC Northrop Grumman Corporation compare 0.8×
Aerospace & Defense industry median 0.2×
Industrials sector median 0.3×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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