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.
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L3Harris Technologies Inc (LHX) 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 | Free account |
Against its own ten years
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)
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