LHX L3Harris Technologies Inc

  1. Stocks
  2. Industrials
  3. NYSE: LHX

Price (delayed)

$207.36

Market cap

$39.42B

P/E Ratio

32.05

Dividend/share

$4.58

EPS

$6.47

Enterprise value

$51.99B

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
The company's revenue rose by 14% YoY and by 4.1% QoQ
L3Harris Technologies's gross profit has increased by 3.8% YoY and by 3.3% QoQ
The debt has soared by 86% year-on-year but it is down by 8% since the previous quarter
The EPS has declined by 17% since the previous quarter but it is up by 17% year-on-year
L3Harris Technologies's quick ratio has decreased by 41% YoY
L3Harris Technologies's gross margin has decreased by 9% YoY
Sector: Industrials
Industry: Aerospace & Defense
Website: https://www.l3harris.com/
Peers: LIDR NN OUST

Key stats

What are the main financial stats of LHX
Market
Shares outstanding
190.11M
Market cap
$39.42B
Enterprise value
$51.99B
Valuations
Price to earnings (P/E)
32.05
Price to book (P/B)
2.09
Price to sales (P/S)
2.02
EV/EBIT
28.99
EV/EBITDA
17.57
EV/Sales
2.68
Earnings
Revenue
$19.42B
EBIT
$1.79B
EBITDA
$2.96B
Free cash flow
$1.7B
Per share
EPS
$6.47
Free cash flow per share
$8.98
Book value per share
$99
Revenue per share
$102.45
TBVPS
$69.47
Balance sheet
Total assets
$41.69B
Total liabilities
$22.86B
Debt
$13.13B
Equity
$18.77B
Working capital
$51M
Liquidity
Debt to equity
0.7
Current ratio
1.01
Quick ratio
0.22
Net debt/EBITDA
4.25
Margins
EBITDA margin
15.2%
Gross margin
26.3%
Net margin
6.3%
Operating margin
7.3%
Efficiency
Return on assets
3.2%
Return on equity
6.6%
Return on invested capital
11.5%
Return on capital employed
5.3%
Return on sales
9.2%
Dividend
Dividend yield
2.21%
DPS
$4.58
Payout ratio
70.8%

LHX stock price

How has the L3Harris Technologies stock price performed over time
Intraday
-0.17%
1 week
2.61%
1 month
-2.05%
1 year
4.03%
YTD
-1.55%
QTD
-2.69%

Financial performance

How have L3Harris Technologies's revenue and profit performed over time
Revenue
$19.42B
Gross profit
$5.11B
Operating income
$1.43B
Net income
$1.23B
Gross margin
26.3%
Net margin
6.3%
The operating income has grown by 27% YoY but it has contracted by 19% from the previous quarter
The operating margin has declined by 23% since the previous quarter but it rose by 11% year-on-year
The net margin is down by 21% since the previous quarter
L3Harris Technologies's net income has decreased by 17% QoQ but it has increased by 16% YoY

Growth

What is L3Harris Technologies's growth rate over time

Valuation

What is L3Harris Technologies stock price valuation
LHX P/E details
P/E
32.05
P/B
2.09
P/S
2.02
EV/EBIT
28.99
EV/EBITDA
17.57
EV/Sales
2.68
The EPS has declined by 17% since the previous quarter but it is up by 17% year-on-year
The P/E is 9% less than the last 4 quarters average of 35.4 but 6% more than the 5-year quarterly average of 30.2
The price to book (P/B) is 9% lower than the 5-year quarterly average of 2.3 but 4.5% higher than the last 4 quarters average of 2.0
LHX's P/S is 19% below its 5-year quarterly average of 2.5
The company's revenue rose by 14% YoY and by 4.1% QoQ

Efficiency

How efficient is L3Harris Technologies business performance
The ROIC is down by 25% since the previous quarter and by 14% year-on-year
The company's return on assets fell by 20% QoQ but it rose by 3.2% YoY
The return on sales has declined by 19% since the previous quarter
LHX's return on equity is up by 18% year-on-year but it is down by 18% since the previous quarter

Dividends

What is LHX's dividend history
Dividend details
DPS
$4.58
Dividend yield
2.21%
Payout ratio
70.8%
Recent dividends

Financial health

How did L3Harris Technologies financials performed over time
L3Harris Technologies's total assets is 82% more than its total liabilities
The total liabilities has surged by 53% year-on-year but it has declined by 3% since the previous quarter
L3Harris Technologies's quick ratio has decreased by 41% YoY
The debt is 30% smaller than the equity
The debt has soared by 86% year-on-year but it is down by 8% since the previous quarter
The debt to equity has soared by 84% YoY but it has contracted by 9% from the previous quarter

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