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Saturday 17 October 2026 Export LHX’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

L3Harris Technologies Inc (LHX) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, L3Harris Technologies Inc (LHX) trades at a P/B ratio of 2.3×. Over the past ten years it has ranged from 1.5× (March 2020) to 7.6× (September 2019); the current reading is higher than 41% of that period. That is below the Aerospace & Defense industry median of 2.6× and in line with the Industrials sector median of 2.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.8× 37.45%
FY2024 2.0× (3.50%)
FY2023 2.1× (0.88%)
FY2022 2.1× (4.09%)
FY2021 2.2× 14.48%
FY2020 1.9× 0.22%
FY2019 1.9× (69.10%)
FY2019 6.3× 34.92%
FY2018 4.6× (11.90%)
FY2018 5.3× (6.24%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.7× (16.93%)
Mar 2026 3.3× 16.92%
Dec 2025 2.8× (4.23%)
Sep 2025 2.9× 20.24%
38 more quarters

Against its own ten years

Low 1.5× High 7.6×
Ten-year median 2.5×
Current reading's percentile 44

P/B ratio against peers

Company P/B ratio
TDG Transdigm Group Incorporated compare n/m
LHX L3Harris Technologies Inc 2.3×
NOC Northrop Grumman Corporation compare 4.1×
HEI.A Heico Corporation compare 6.5×
ESLT Elbit Systems Ltd. compare 8.3×
AXON Axon Enterprise, Inc compare 8.6×
HEI Heico Corporation compare 8.6×
RKLB Rocket Lab Corporation compare 9.2×
HWM Howmet Aerospace Inc. compare 15.4×
Aerospace & Defense industry median 2.6×
Industrials sector median 2.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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