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.

248.51 8.01 +3.33%
Market cap
$44.8B
P/E
25.0×
Fwd P/E
26.5×
Dividend yield
1.99%
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 16 October 2026, L3Harris Technologies Inc (LHX) trades at a EV/EBITDA of 15.1×. Over the past ten years it has ranged from 2.6× (January 2015) to 25.7× (February 2020); the current reading is higher than 66% of that period. That is below the Aerospace & Defense industry median of 18.1× and above the Industrials sector median of 12.6×.

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
Jun 2026 17.3× (16.66%)
Mar 2026 20.7× 11.67%
Dec 2025 18.6× (1.59%)
Sep 2025 18.9× 14.43%
38 more quarters

Against its own ten years

Low 2.6× High 25.7×
Ten-year median 12.8×
Current reading's percentile 66

EV/EBITDA against peers

Company EV/EBITDA
RKLB Rocket Lab Corporation compare n/m
NOC Northrop Grumman Corporation compare 14.0×
LHX L3Harris Technologies Inc 15.1×
TDG Transdigm Group Incorporated compare 19.0×
HEI.A Heico Corporation compare 23.8×
HEI Heico Corporation compare 31.2×
HWM Howmet Aerospace Inc. compare 32.8×
ESLT Elbit Systems Ltd. compare 35.8×
AXON Axon Enterprise, Inc compare 244×
Aerospace & Defense industry median 18.1×
Industrials sector median 12.6×
Market median 11.0×

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