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) Price to free cash flow

As of 25 September 2026, L3Harris Technologies Inc (LHX) trades at a price to free cash flow of 15.8×. Over the past ten years it has ranged from 8.7× (May 2016) to 48.9× (October 2019); the current reading is higher than 41% of that period. That is below the Aerospace & Defense industry median of 34.0× and below the Industrials sector median of 20.6×.

Price to free cash flow, daily

Annual

Period Price to free cash flow Change
FY2025 20.5× 10.55%
FY2024 18.6× (23.17%)
FY2023 24.1× 16.83%
FY2022 20.7× 96.53%
FY2021 10.5× (34.65%)
FY2020 16.1× (36.01%)
FY2019 25.2× 22.22%
FY2019 20.6× 5.32%
FY2018 19.5× 43.15%
FY2018 13.7× 8.58%

Quarterly

Period Price to free cash flow Change
Jun 2026 19.3× (22.36%)
Mar 2026 24.8× 21.08%
Dec 2025 20.5× (32.19%)
Sep 2025 30.3× 40.14%
38 more quarters

Against its own ten years

Low 8.7× High 48.9×
Ten-year median 17.4×
Current reading's percentile 41

Price to free cash flow against peers

Company Price to free cash flow
RKLB Rocket Lab Corporation compare n/m
GD General Dynamics Corporation compare 14.1×
LHX L3Harris Technologies Inc 15.8×
NOC Northrop Grumman Corporation compare 19.9×
HEI.A Heico Corporation compare 31.5×
TDG Transdigm Group Incorporated compare 33.2×
HEI Heico Corporation compare 41.8×
ESLT Elbit Systems Ltd. compare 50.3×
AXON Axon Enterprise, Inc compare 262×
Aerospace & Defense industry median 34.0×
Industrials sector median 20.6×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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