L3Harris Technologies Inc LHX
- Market cap
- $44.5B
- P/E
- 23.9×
Follow LHX
L3Harris Technologies Inc (LHX) Return on assets
L3Harris Technologies Inc's return on assets over the twelve months to 30 June 2026 was 4.42%, up 0.6 percentage points from fiscal 2025 (3.86%). Over the past ten years it has ranged from 2.58% (fiscal 2016) to 9.51% (fiscal 2019); the current reading is higher than 53% of that period. That is above the Aerospace & Defense industry median of 2.70% and above the Industrials sector median of 1.30%.
Return on assets, annual
Annual
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 3.86% | 0.27 |
| FY2024 | 3.59% | 0.33 |
| FY2023 | 3.26% | 0.15 |
| FY2022 | 3.11% | (2.04) |
| FY2021 | 5.15% | 2.18 |
| FY2020 | 2.97% | (3.82) |
| FY2019 | 6.79% | (2.72) |
| FY2019 | 9.51% | 2.24 |
| FY2018 | 7.27% | 0.26 |
| FY2018 | 7.01% | 1.44 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| HEI Heico Corporation compare | 9.18% |
| HEI.A Heico Corporation compare | 9.18% |
| NOC Northrop Grumman Corporation compare | 8.97% |
| TDG Transdigm Group Incorporated compare | 7.73% |
| GD General Dynamics Corporation compare | 7.67% |
| ESLT Elbit Systems Ltd. compare | 4.90% |
| LHX L3Harris Technologies Inc | 4.42% |
| AXON Axon Enterprise, Inc compare | 2.91% |
| RKLB Rocket Lab Corporation compare | −5.76% |
| Aerospace & Defense industry median | 2.70% |
| Industrials sector median | 1.30% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
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/EBITDA
- EV/Sales
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement