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.

Revenue
+7.09%
EPS
+37.5%
Free cash flow
+198.1%
Total debt
−0.01%

Quarter to September 2026, against a year earlier

260.79 2.68 +1.04%
Market cap
$48.1B
P/E
23.8×
Fwd P/E
22.5×
Dividend yield
1.91%
F-score
8/9
Altman Z
2.42
Beneish M
−2.65
Dividend safety
71/100

L3Harris Technologies Inc (LHX) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, L3Harris Technologies Inc (LHX) trades at a EV/EBITDA of 14.8×. Over the past ten years it has ranged from 2.6× (January 2015) to 25.7× (February 2020); the current reading is higher than 62% of that period. That is below the Aerospace & Defense industry median of 16.9× and above the Industrials sector median of 12.4×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 18.6× 19.49%
FY2024 15.5× 2.30%
FY2023 15.2× 21.55%
FY2022 12.5× (15.73%)
FY2021 14.8× 21.92%
FY2020 12.2× (45.82%)
FY2019 22.4× 151.43%
FY2019 8.9× 84.78%
FY2018 4.8× (30.65%)
FY2018 7.0× 40.77%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 13.7× (20.81%)
Jun 2026 17.3× (16.66%)
Mar 2026 20.7× 11.67%
Dec 2025 18.6× (1.59%)
39 more quarters

Against its own ten years

Low 2.6× High 25.7×
Ten-year median 12.8×
Current reading's percentile 62

EV/EBITDA against peers

Company EV/EBITDA
RKLB Rocket Lab Corporation compare n/m
NOC Northrop Grumman Corporation compare 13.9×
LHX L3Harris Technologies Inc 14.8×
HONA Honeywell Aerospace inc. compare 15.6×
TDG Transdigm Group Incorporated compare 19.6×
HEI.A Heico Corporation compare 24.8×
ESLT Elbit Systems Ltd. compare 30.9×
HEI Heico Corporation compare 32.8×
AXON Axon Enterprise, Inc compare 241×
Aerospace & Defense industry median 16.9×
Industrials sector median 12.4×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on LHX