L3Harris Technologies Inc LHX
- Market cap
- $44.5B
- P/E
- 23.9×
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L3Harris Technologies Inc (LHX) EV/EBITDA
As of 25 September 2026, L3Harris Technologies Inc (LHX) trades at a EV/EBITDA of 14.6×. Over the past ten years it has ranged from 2.6× (January 2015) to 25.7× (February 2020); the current reading is higher than 61% of that period. That is below the Aerospace & Defense industry median of 18.7× and above the Industrials sector median of 12.9×.
EV/EBITDA, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| RKLB Rocket Lab Corporation compare | n/m |
| NOC Northrop Grumman Corporation compare | 13.8× |
| GD General Dynamics Corporation compare | 14.3× |
| LHX L3Harris Technologies Inc | 14.6× |
| TDG Transdigm Group Incorporated compare | 18.7× |
| HEI.A Heico Corporation compare | 23.7× |
| HEI Heico Corporation compare | 31.1× |
| ESLT Elbit Systems Ltd. compare | 34.8× |
| AXON Axon Enterprise, Inc compare | 268× |
| Aerospace & Defense industry median | 18.7× |
| Industrials sector median | 12.9× |
| 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)
More on LHX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement