LHX L3Harris Technologies Inc

  1. Stocks
  2. Industrials
  3. NYSE: LHX

Price (delayed)

$195.25

Market cap

$37.11B

P/E Ratio

35.24

Dividend/share

$4.48

EPS

$5.54

Enterprise value

$44.02B

L3Harris Technologies is an American technology company, defense contractor and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision ...

Highlights
L3Harris Technologies's quick ratio has increased by 32% QoQ but it has decreased by 16% YoY
L3Harris Technologies's net income has decreased by 42% YoY and by 6% QoQ
The EPS has declined by 40% year-on-year and by 4.8% since the previous quarter
Sector: Industrials
Industry: Aerospace & Defense
Website: https://www.l3harris.com/
Peers: NN OUST

Key stats

What are the main financial stats of LHX
Market
Shares outstanding
190.09M
Market cap
$37.11B
Enterprise value
$44.02B
Valuations
Price to earnings (P/E)
35.24
Price to book (P/B)
2.01
Price to sales (P/S)
2.18
EV/EBIT
28.35
EV/EBITDA
17.67
EV/Sales
2.58
Earnings
Revenue
$17.06B
EBIT
$1.55B
EBITDA
$2.49B
Free cash flow
$1.92B
Per share
EPS
$5.54
Free cash flow per share
$10.08
Book value per share
$97.28
Revenue per share
$89.61
TBVPS
$53.78
Balance sheet
Total assets
$33.52B
Total liabilities
$14.9B
Debt
$7.79B
Equity
$18.52B
Working capital
$978M
Liquidity
Debt to equity
0.42
Current ratio
1.17
Quick ratio
0.37
Net debt/EBITDA
2.77
Margins
EBITDA margin
14.6%
Gross margin
28.9%
Net margin
6.2%
Operating margin
6.6%
Efficiency
Return on assets
3.1%
Return on equity
5.6%
Return on invested capital
13.1%
Return on capital employed
5.6%
Return on sales
9.1%
Dividend
Dividend yield
2.29%
DPS
$4.48
Payout ratio
80.9%

LHX stock price

How has the L3Harris Technologies stock price performed over time
Intraday
-3.47%
1 week
-3.99%
1 month
-8.77%
1 year
-21.52%
YTD
-6.22%
QTD
-6.22%

Financial performance

How have L3Harris Technologies's revenue and profit performed over time
Revenue
$17.06B
Gross profit
$4.93B
Operating income
$1.13B
Net income
$1.06B
Gross margin
28.9%
Net margin
6.2%
The operating income has contracted by 47% YoY and by 3% from the previous quarter
The operating margin has declined by 44% year-on-year and by 4.3% since the previous quarter
L3Harris Technologies's net income has decreased by 42% YoY and by 6% QoQ
The net margin is down by 40% year-on-year and by 7% since the previous quarter

Growth

What is L3Harris Technologies's growth rate over time

Valuation

What is L3Harris Technologies stock price valuation
P/E
35.24
P/B
2.01
P/S
2.18
EV/EBIT
28.35
EV/EBITDA
17.67
EV/Sales
2.58
The EPS has declined by 40% year-on-year and by 4.8% since the previous quarter
The P/E is 27% more than the 5-year quarterly average of 27.8 and 13% more than the last 4 quarters average of 31.3
The price to book (P/B) is 37% lower than the 5-year quarterly average of 3.2 and 13% lower than the last 4 quarters average of 2.3
The company's equity fell by 3.6% YoY
LHX's P/S is 19% below its 5-year quarterly average of 2.7 and 16% below its last 4 quarters average of 2.6
The company's revenue fell by 4.2% YoY

Efficiency

How efficient is L3Harris Technologies business performance
The company's return on assets fell by 40% YoY and by 6% QoQ
LHX's return on equity is down by 40% year-on-year and by 7% since the previous quarter
The return on sales has declined by 36% year-on-year and by 4.2% since the previous quarter
The ROIC is down by 35% year-on-year

Dividends

What is LHX's dividend history
Dividend details
DPS
$4.48
Dividend yield
2.29%
Payout ratio
80.9%
Recent dividends

Financial health

How did L3Harris Technologies financials performed over time
L3Harris Technologies's total assets is 125% more than its total liabilities
L3Harris Technologies's quick ratio has increased by 32% QoQ but it has decreased by 16% YoY
The current ratio is down by 16% year-on-year but it is up by 6% since the previous quarter
The debt is 58% smaller than the equity
The company's equity fell by 3.6% YoY
The debt to equity has grown by 2.4% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.