L3HARRIS TECHNOLOGIES, INC. /DE/
L3HARRIS TECHNOLOGIES, INC. /DE/
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Subsidiary Series A Preferred Stock Conversion Fea… | 130 | - | - | - | - | - | - | - | - | - | - | - | |||||
Subsidiary Warrants | 186 | - | - | - | - | - | - | - | - | - | - | - | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,521 | 590 | 1,069 | 339 | 482 | 517 | 615 | 539 | 547 | 477 | 560 | 499 | |||||
Accounts Receivable Net Current | 1,950 | 1,912 | 1,371 | 1,528 | 1,437 | 1,501 | 1,072 | 1,042 | 1,230 | 1,209 | 1,230 | 1,381 | |||||
Contract With Customer Asset Net Current | 3,674 | 3,530 | 3,566 | 3,677 | 3,857 | 3,643 | 3,230 | 3,401 | 3,209 | 3,502 | 3,196 | 3,477 | |||||
Inventory Net | 1,272 | 1,234 | 1,219 | 1,291 | 1,258 | 1,252 | 1,330 | 1,399 | 1,432 | 1,476 | 1,472 | 1,638 | |||||
Income Taxes Receivable | - | - | 53 | 281 | 93 | 205 | 379 | 329 | - | - | 61 | 43 | |||||
Other Assets Current | 656 | 702 | 431 | 477 | 481 | 478 | 461 | 462 | 502 | 466 | 430 | 463 | |||||
Assets Of Disposal Group Including Discontinued Op… | 1,010 | 926 | 884 | 0 | 0 | 0 | 1,131 | 1,130 | 1,127 | 1,136 | 1,106 | 0 | |||||
Assets Current | 10,083 | 8,894 | 8,593 | 7,593 | 7,608 | 7,596 | 8,218 | 8,302 | 8,047 | 8,266 | 8,055 | 7,501 | |||||
Assets Noncurrent | |||||||||||||||||
Property Plant And Equipment And Finance Lease Rig… | 2,686 | 2,658 | 2,665 | 2,761 | 2,742 | 2,755 | 2,806 | 2,795 | 2,800 | 2,836 | 2,862 | 2,818 | |||||
Operating Lease Right Of Use Asset | - | - | - | - | - | - | - | - | - | - | - | 758 | |||||
Goodwill | 19,996 | 19,999 | 20,010 | 20,370 | 20,372 | 20,337 | 20,325 | 20,433 | 20,367 | 20,070 | 19,979 | 20,736 | |||||
Intangible Assets Net Excluding Goodwill | 6,540 | 6,331 | 6,509 | 7,072 | 7,261 | 7,448 | 7,639 | 7,874 | 8,080 | 8,340 | 8,540 | 9,050 | |||||
Deferred Income Tax Assets Net | 65 | 71 | 76 | 87 | 89 | 128 | 120 | 119 | 134 | 113 | 91 | 87 | |||||
Recorded Third Party Environmental Recoveries Nonc… | - | - | - | - | - | - | - | - | - | - | - | 382 | |||||
Other Assets Noncurrent | 3,568 | 3,427 | 3,342 | 3,131 | 3,168 | 2,984 | 2,893 | 2,366 | 2,229 | 2,191 | 2,160 | 961 | |||||
Assets | 42,938 | 41,380 | 41,195 | 41,014 | 41,240 | 41,248 | 42,001 | 41,889 | 41,657 | 41,816 | 41,687 | 42,293 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Short Term Borrowings | - | 350 | 0 | 725 | 985 | 535 | 515 | 1,177 | 2,102 | 2,203 | 1,602 | 2,033 | |||||
Long Term Debt And Capital Lease Obligations Curre… | 1,815 | 1,816 | 673 | 120 | 141 | 740 | 640 | 640 | 617 | 365 | 363 | 363 | |||||
Accounts Payable Current | 2,085 | 1,930 | 2,461 | 1,902 | 2,033 | 2,047 | 2,005 | 2,049 | 1,896 | 2,112 | 2,106 | 2,112 | |||||
Contract With Customer Liability Current | 2,936 | 2,736 | 2,262 | 2,231 | 2,317 | 2,124 | 2,142 | 1,878 | 1,889 | 1,777 | 1,900 | 1,940 | |||||
Employee Related Liabilities Current | 376 | 391 | 482 | 486 | 444 | 314 | 419 | 402 | 445 | 379 | 544 | 461 | |||||
Other Accrued Liabilities Current | - | - | - | - | - | - | - | - | 1,515 | 1,174 | 1,129 | 1,190 | |||||
Other Liabilities Current | 1,192 | 1,267 | 1,908 | 1,294 | 1,402 | 1,689 | 2,317 | 1,549 | - | - | 1,129 | - | |||||
Liabilities Of Disposal Group Including Discontinu… | 113 | 111 | 113 | 0 | 0 | 0 | 235 | 243 | 243 | 245 | 272 | 0 | |||||
Liabilities Current | 8,517 | 8,601 | 7,226 | 6,638 | 7,322 | 7,449 | 7,633 | 7,973 | 8,981 | 8,437 | 8,004 | 8,482 | |||||
Pension And Other Postretirement And Postemploymen… | - | - | - | - | - | - | - | - | - | - | - | 404 | |||||
Operating Lease Liability Noncurrent | - | - | - | - | - | - | - | - | - | - | - | 736 | |||||
Accrued Income Taxes Current | - | - | - | - | - | - | 29 | 35 | 274 | 182 | 88 | 383 | |||||
Liabilities Noncurrent | |||||||||||||||||
Long Term Debt And Capital Lease Obligations | 9,184 | 9,191 | 10,443 | 10,997 | 10,976 | 10,977 | 11,081 | 11,093 | 10,533 | 11,140 | 11,160 | 11,140 | |||||
Deferred Income Tax Liabilities Net | 1,369 | 1,225 | 1,114 | 1,039 | 800 | 842 | 942 | 885 | 443 | 683 | 815 | 812 | |||||
Accrued Environmental Loss Contingencies Noncurren… | - | - | - | - | - | - | - | - | - | - | - | 524 | |||||
Other Liabilities Noncurrent | 2,702 | 2,683 | 2,777 | 2,808 | 2,864 | 2,850 | 2,766 | 2,876 | 2,796 | 2,826 | 2,879 | 1,479 | |||||
Liabilities | 22,088 | 21,700 | 21,560 | 21,482 | 21,962 | 22,118 | 22,422 | 22,827 | 22,753 | 23,086 | 22,858 | 23,577 | |||||
Redeemable Noncontrolling Interest Equity Preferre… | 968 | - | - | - | - | - | - | - | - | - | - | - | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 186 | 187 | 187 | 187 | 187 | 188 | 190 | 190 | 190 | 189 | 190 | 189 | |||||
Additional Paid In Capital Common Stock | 14,882 | 14,974 | 15,117 | 15,152 | 15,090 | 15,170 | 15,558 | 15,487 | 15,516 | 15,472 | 15,553 | 15,470 | |||||
Preferred Stock Value | - | - | - | - | - | - | 0 | - | - | 0 | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | 4,723 | 4,421 | 4,212 | 4,171 | 3,970 | 3,787 | 3,739 | 3,515 | 3,368 | 3,239 | 3,220 | 3,278 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | 91 | 98 | 119 | 22 | 31 | -14 | 27 | -194 | -234 | -234 | -198 | -321 | |||||
Stockholders Equity | 19,882 | 19,680 | 19,635 | 19,532 | 19,278 | 19,130 | 19,514 | 18,998 | 18,904 | 18,730 | 18,829 | 18,716 | |||||
Minority Interest | - | - | 0 | 0 | 0 | -1 | 65 | 64 | 64 | 64 | 64 | 100 | |||||
Liabilities And Stockholders Equity | 42,938 | 41,380 | 41,195 | 41,014 | 41,240 | 41,248 | 42,001 | 41,889 | 41,657 | 41,816 | 41,687 | 42,293 | |||||
Allowance For Doubtful Accounts Receivable Current | - | - | - | - | 24 | 23 | - | 20 | 19 | 13 | 15 | 24 | |||||
Preferred Stock Shares Authorized | - | - | 1 | - | - | - | 1 | - | - | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | - | - | 0 | - | - | - | 0 | - | - | 0 | 0 | 0 | |||||
Redeemable Noncontrolling Interest Equity Preferre… | 1,422 | - | - | - | - | - | - | - | - | - | - | - | |||||
Common Stock Par Or Stated Value Per Share | 1 | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Common Stock Shares Authorized | - | - | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | 500 | |||||
Common Stock Shares Issued | - | - | 187 | 187 | 187 | 188 | 190 | 190 | 190 | 189 | 190 | 189 | |||||
Shares Outstanding | - | - | 187 | 187 | 187 | 188 | 190 | 190 | 190 | 189 | 190 | 189 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -5.73% | -2.45% | 17.57% | - | - | - | -2.67% | -7.65% | -11.67% | - | - | - |
| 2025 | -2.30% | -11.31% | -17.23% | -0.98% | 2.64% | 7.47% | 6.44% | 19.42% | 20.61% | 8.23% | 5.10% | -7.48% |
| 2024 | 9.30% | 22.65% | 22.31% | -0.40% | 0.66% | 7.79% | 4.21% | 1.89% | 8.24% | 11.38% | 2.81% | 11.81% |
| 2023 | - | - | - | - | - | - | - | - | - | 1.03% | -3.83% | 4.23% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.18 | 1.03 | 1.19 | 1.14 | 1.04 | 1.02 | 1.08 | 1.04 | 0.90 | 0.98 | 1.01 | 0.88 | |||||
| Quick Ratio | 1.03 | 0.89 | 1.02 | 0.95 | 0.87 | 0.85 | 0.90 | 0.87 | 0.74 | 0.80 | 0.82 | 0.69 | |||||
| Working Capital | 1.57B | 293.00M | 1.37B | 955.00M | 286.00M | 147.00M | 585.00M | 329.00M | -934.00M | -171.00M | 51.00M | -981.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.11 | 1.10 | 1.10 | 1.10 | 1.14 | 1.16 | 1.15 | 1.20 | 1.20 | 1.23 | 1.21 | 1.26 | |||||
| Interest Coverage TTM | 4.48 | 4.15 | 3.84 | 2.95 | 2.74 | 2.55 | 2.30 | 2.56 | 2.56 | 2.68 | 3.01 | 2.17 | |||||
| Debt Ratio | 0.51 | 0.52 | 0.52 | 0.52 | 0.53 | 0.54 | 0.53 | 0.54 | 0.55 | 0.55 | 0.55 | 0.56 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.55 | 0.55 | 0.53 | 0.53 | 0.52 | 0.52 | 0.52 | 0.52 | 0.56 | 0.54 | 0.53 | 0.49 | |||||
| Days Sales Outstanding TTM | 26.53 | 27.27 | 20.05 | 21.21 | 22.38 | 22.87 | 19.36 | 20.27 | 22.25 | 21.38 | 22.54 | 24.62 | |||||
| Receivables Turnover TTM | 13.76 | 13.39 | 18.20 | 17.21 | 16.31 | 15.96 | 18.85 | 18.00 | 16.41 | 17.07 | 16.19 | 14.83 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | - | - | - | - | - | 8.59 | - | 9.94 | 9.82 | 9.73 | - | 3.72 | |||||
| Free Cash Flow Per Share TTM | - | - | 12.28 | 10.19 | 12.28 | 12.74 | 12.03 | 8.33 | 7.63 | 5.85 | 8.48 | 7.42 | |||||
| Dividend Per Share TTM | - | - | 4.81 | 4.78 | 4.81 | 4.75 | 4.69 | 4.61 | 4.59 | 4.56 | 4.54 | 4.70 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 174.60% | 174.82% | 174.36% | 174.28% | 174.19% | 173.93% | 174.03% | 173.90% | 173.96% | 174.03% | 173.98% | 174.25% | |||||
| Operating Profit Margin TTM | 10.50% | 10.34% | 10.06% | 10.41% | 10.00% | 9.62% | 8.91% | 9.09% | 9.17% | 9.07% | 9.48% | 4.81% | |||||
| Net Profit Margin TTM | 8.23% | 7.84% | 7.48% | 8.02% | 7.89% | 7.52% | 7.02% | 8.68% | 8.73% | 8.91% | 9.51% | 3.79% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 7.12% | 5.65% | 2.44% | 1.40% | 1.47% | 3.82% | 8.03% | 16.80% | 19.04% | 19.38% | 17.62% | 12.49% | |||||
| Net Income Growth (1Y) | 11.77% | 10.15% | 9.19% | -6.34% | -8.33% | -12.45% | -20.21% | 167.51% | 7,388.00% | 1,188.89% | 582.14% | -39.95% | |||||
| EPS Growth (1Y) | - | - | 10.91% | -5.12% | -6.97% | -11.84% | -20.20% | 167.09% | 7,368.26% | 1,191.61% | 585.03% | -39.31% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | - | - | 32.72 | 31.85 | 26.89 | 23.77 | 25.50 | 23.08 | 21.95 | 20.91 | 19.98 | 44.16 | |||||
| P/B TTM | - | - | 2.77 | 2.89 | 2.39 | 2.02 | 1.99 | 2.30 | 2.17 | 2.07 | 2.03 | 1.67 | |||||
| P/S TTM | - | - | 2.45 | 2.55 | 2.12 | 1.79 | 1.79 | 2.00 | 1.92 | 1.86 | 1.90 | 1.67 | |||||
| Market Cap | - | - | 54.44B | 56.50B | 46.14B | 38.63B | 38.87B | 43.71B | 41.09B | 38.81B | 38.15B | 31.26B | |||||
| Enterprise Value | - | - | 64.49B | 68.00B | 57.76B | 50.37B | 50.49B | 56.09B | 53.79B | 52.04B | 50.72B | 44.30B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 2.42B | 2.20B | 2.29B | 1.91B | 2.30B | 2.40B | 2.28B | 1.58B | 1.45B | 1.11B | 1.61B | 1.41B | |||||
| Net Debt | 9.48B | 10.77B | 10.05B | 11.50B | 11.62B | 11.74B | 11.62B | 12.37B | 12.71B | 13.23B | 12.57B | 13.04B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
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| EV EBITDA TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) — SEC Financial Statements & Analysis
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) is a search, detection, navigation, guidance, aeronautical sys company, incorporated in DE. L3HARRIS TECHNOLOGIES, INC. /DE/ trades on NYSE as: LHX. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), L3HARRIS TECHNOLOGIES, INC. /DE/ reported a 7.12% year-over-year revenue growth, a Gross Profit Margin of 174.60% (TTM), a Debt-to-Equity ratio of 1.11x, a Price-to-Sales (P/S) ratio of 2.45x (TTM), a Price-to-Book (P/B) ratio of 2.77x (TTM), at a market cap of $54.44B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 7.12%
- Gross Profit Margin TTM
- 174.60%
- Debt To Equity
- 1.11x
- P/S TTM
- 2.45x
- P/B TTM
- 2.77x
- Market Cap
- $54.44B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is L3HARRIS TECHNOLOGIES, INC. /DE/ in?
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) operates in the Search, Detection, Navigation, Guidance, Aeronautical Sys industry.
What is LHX's market cap?
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) has a market capitalization of $54.44B as of 2025-12-31.
What is LHX's P/E ratio?
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)'s trailing twelve month P/E ratio is 32.72x as of 2025-12-31.
What exchange does LHX trade on?
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) trades on the NYSE.
Where is L3HARRIS TECHNOLOGIES, INC. /DE/ incorporated?
L3HARRIS TECHNOLOGIES, INC. /DE/ is incorporated in DE.