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) Gross margin

L3Harris Technologies Inc's gross margin over the twelve months to 30 June 2026 was 25.5%, down 0.2 percentage points from fiscal 2025 (25.7%). Over the past ten years it has ranged from 25.7% (fiscal 2025) to 39.0% (fiscal 2015) — the current reading is the lowest in ten years. That is in line with the Aerospace & Defense industry median of 25.5% and below the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 25.7% (0.17)
FY2024 25.9% (0.43)
FY2023 26.3% (2.55)
FY2022 28.9% (1.30)
FY2021 30.2% 1.01
FY2020 29.2% 1.78
FY2019 27.4% (6.93)
FY2019 34.3% (0.46)
FY2018 34.8% 0.70
FY2018 34.1% (0.78)

Quarterly

Period Gross margin Change (points)
Jun 2026 25.5% 1.13
Mar 2026 24.4% (1.19)
Dec 2025 25.6% (0.80)
Sep 2025 26.4% 1.80
38 more quarters

Against its own ten years

Low 25.7% High 39.0%
Ten-year median 33.3%
Current reading's percentile 7

Gross margin against peers

Company Gross margin
TDG Transdigm Group Incorporated compare 59.6%
AXON Axon Enterprise, Inc compare 59.4%
HEI Heico Corporation compare 40.4%
HEI.A Heico Corporation compare 40.4%
RKLB Rocket Lab Corporation compare 37.3%
LHX L3Harris Technologies Inc 25.5%
ESLT Elbit Systems Ltd. compare 25.0%
NOC Northrop Grumman Corporation compare 20.1%
GD General Dynamics Corporation compare 15.4%
Aerospace & Defense industry median 25.5%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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