L3Harris Technologies Inc LHX
- Market cap
- $44.5B
- P/E
- 23.9×
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L3Harris Technologies Inc (LHX) Return on equity
L3Harris Technologies Inc's return on equity over the twelve months to 30 June 2026 was 9.50%, up 1.3 percentage points from fiscal 2025 (8.19%). Over the past ten years it has ranged from 5.15% (fiscal 2020) to 28.4% (fiscal 2019); the current reading is higher than 33% of that period. That is above the Aerospace & Defense industry median of 6.43% and above the Industrials sector median of 4.48%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 8.19% | 0.37 |
| FY2024 | 7.82% | 1.27 |
| FY2023 | 6.55% | 0.95 |
| FY2022 | 5.60% | (3.59) |
| FY2021 | 9.19% | 4.04 |
| FY2020 | 5.15% | (7.52) |
| FY2019 | 12.7% | (15.72) |
| FY2019 | 28.4% | 6.69 |
| FY2018 | 21.7% | (0.83) |
| FY2018 | 22.5% | 3.34 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| NOC Northrop Grumman Corporation compare | 27.0% |
| HEI Heico Corporation compare | 18.4% |
| HEI.A Heico Corporation compare | 18.4% |
| GD General Dynamics Corporation compare | 17.8% |
| LHX L3Harris Technologies Inc | 9.50% |
| AXON Axon Enterprise, Inc compare | 6.22% |
| ESLT Elbit Systems Ltd. compare | 0.00% |
| RKLB Rocket Lab Corporation compare | −7.92% |
| TDG Transdigm Group Incorporated compare | −25.8% |
| Aerospace & Defense industry median | 6.43% |
| Industrials sector median | 4.48% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement