L3Harris Technologies, Inc.(LHX) Stock Research - Grey Stern Research
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L3Harris Technologies, Inc. (LHX) Stock Analysis

$240.11 (0.10%)

LHX Financial Performance


Use the table below to view L3Harris Technologies, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $239.86 -
52 Week Low $193.34 -
52 Week High $265.74 -
Market Cap $45.5 Billion 6/9
Gross Margin 27% 3/9
Profit Margin 8% 5/9
EBITDA margin 9% 6/9
Q3 - 2024 Revenue $5.3 Billion 6/9
Q3 - 2024 Earnings $430.0 Million 5/9
Q3 - 2024 Free Cash Flow $702.0 Million 5/9
Trailing 4 Quarters Revenue $21.1 Billion 6/9
Trailing 4 Quarters Earnings $1.2 Billion 5/9
Quarterly Earnings Growth 12% 3/9
Annual Earnings Growth -13% 6/9
Quarterly Revenue Growth 8% 5/9
Annual Revenue Growth 11% 3/9
Cash On Hand $539.0 Million 6/9
Short Term Debt $1.8 Billion 4/9
Long Term Debt $11.1 Billion 5/9

L3Harris Technologies, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare L3Harris Technologies, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 36.78 2/9
PS 2.15 3/9
PB 2.39 7/9
PC 84.40 2/9
Liabilities to Equity 1.20 6/9
ROA 0.03 7/9
ROE 0.06 9/9
Current Ratio 1.84 3/9
Quick Ratio 0.02 8/9
Long Term Debt to Equity 0.58 4/9
Debt to Equity 0.68 4/9
Burn Rate 1.15 2/9
Cash to Cap 0.01 8/9
CCR 1.63 6/9
EV to EBITDA 116.90 2/9
EV to Revenue 2.74 3/9

Company Details

L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions for air traffic management. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.

CEO: Mr. William Brown

Website: https://www.l3harris.com

Address: 1025 W Nasa Blvd Melbourne Florida, FLORIDA

Exchange: New York Stock Exchange

Industry: Aerospace & Defense

L3Harris Technologies, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to L3Harris Technologies, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
The Boeing Company BA $115.9 Billion
Lockheed Martin Corporation LMT $122.5 Billion
General Dynamics Corporation GD $76.3 Billion
Northrop Grumman Corporation NOC $70.7 Billion
Huntington Ingalls Industries, Inc. HII $7.5 Billion
Hexcel Corporation HXL $5.2 Billion
Curtiss-Wright Corporation CW $14.1 Billion
Raytheon Technologies Corporation RTX $157.2 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
LHX Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 5.3 Billion $430.0 Million
Q2 2024 $ 5.3 Billion $366.0 Million
Q1 2024 $ 5.2 Billion $283.0 Million
Q4 2023 $ 5.3 Billion $158.0 Million
Q3 2023 $ 4.9 Billion $383.0 Million
Q2 2023 $ 4.7 Billion $349.0 Million
Q1 2023 $ 4.5 Billion $337.0 Million
Q4 2022 $ 4.6 Billion $416.0 Million

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LHX Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $539.0 Million $41.9 Billion $12.9 Billion $19.1 Billion
Q2 2024 $547.0 Million $41.7 Billion $13.3 Billion $18.9 Billion
Q1 2024 $477.0 Million $41.8 Billion $13.7 Billion $18.7 Billion
Q4 2023 $560.0 Million $41.7 Billion $14.0 Billion $18.8 Billion
Q3 2023 $499.0 Million $42.3 Billion $14.3 Billion $18.7 Billion
Q2 2023 $366.0 Million $35.4 Billion $9.5 Billion $18.4 Billion
Q1 2023 $545.0 Million $35.5 Billion $9.8 Billion $18.3 Billion
Q4 2022 $880.0 Million $33.5 Billion $7.8 Billion $18.5 Billion

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LHX Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $702.0 Million -$78.0 Million -$8.0 Million
Q2 2024 $657.0 Million -$97.0 Million $70.0 Million
Q1 2024 -$219.0 Million -$115.0 Million -$83.0 Million
Q4 2023 $652.0 Million -$137.0 Million $61.0 Million
Q3 2023 $395.0 Million -$148.0 Million $133.0 Million
Q2 2023 $321.0 Million -$93.0 Million -$179.0 Million
Q1 2023 $279.0 Million -$71.0 Million -$335.0 Million
Q4 2022 $711.0 Million -$71.0 Million $351.0 Million

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