L3Harris Technologies Inc LHX

237.69 (0.35) (0.15%) as of 25 Sep
Market cap
$44.5B
P/E
23.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

L3Harris Technologies Inc (LHX) Free cash flow margin

L3Harris Technologies Inc's free cash flow margin over the twelve months to 30 June 2026 was 12.2%, down 0.0 percentage points from fiscal 2025 (12.3%). Over the past ten years it has ranged from 5.07% (fiscal 2019) to 22.9% (fiscal 2021); the current reading is higher than 60% of that period. That is above the Aerospace & Defense industry median of 0.00% and above the Industrials sector median of 2.43%.

Free cash flow margin, annual

Annual

Period Free cash flow margin Change (points)
FY2025 12.3% 2.18
FY2024 10.1% 1.61
FY2023 8.48% (2.77)
FY2022 11.3% (11.66)
FY2021 22.9% 9.10
FY2020 13.8% 8.74
FY2019 5.07% (9.99)
FY2019 15.1% 2.91
FY2018 12.2% 2.18
FY2018 9.97% 0.33

Against its own ten years

Low 5.07% High 22.9%
Ten-year median 12.2%
Current reading's percentile 60

Free cash flow margin against peers

Company Free cash flow margin
HEI Heico Corporation compare 19.9%
HEI.A Heico Corporation compare 19.9%
TDG Transdigm Group Incorporated compare 19.3%
LHX L3Harris Technologies Inc 12.2%
GD General Dynamics Corporation compare 11.8%
NOC Northrop Grumman Corporation compare 8.50%
ESLT Elbit Systems Ltd. compare 8.00%
AXON Axon Enterprise, Inc compare 4.14%
RKLB Rocket Lab Corporation compare −48.1%
Aerospace & Defense industry median 0.00%
Industrials sector median 2.43%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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