LHX L3Harris Technologies Inc

Price (delayed)

$169.81

Market cap

$36.71B

P/E Ratio

28.16

Dividend/share

$3.3

EPS

$6.03

Enterprise value

$42.48B

Sector: Industrials
Industry: Aerospace & Defense
L3Harris Technologies, Inc. is an agile global aerospace and defense technology innovator, which engages in the provision of defense and commercial technologies across air, land, sea, space and cyber domains. It operates through the following segments: Integrated Mission Systems; Space and Airborne Systems; Communication Systems; and Aviation Systems. The Integrated Mission Systems segment include intelligence, surveillance, and reconnaissance; advanced electro optical and infrared; and maritime power and navigation. The Space and Airborne Systems segment comprises space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare. The Communication Systems segment consists tactical communications; broadband communications; L3's night vision; and public safety. The Aviation Systems segment compose defense aviation products; security, detection and other commercial aviation products; air traffic management; and commercial and military pilot training. The company was founded in 2019 and is headquartered in Melbourne, FL.

Highlights

The company's revenue has surged by 170% YoY and by 16% QoQ
L3Harris Technologies's gross profit has surged by 120% YoY and by 14% QoQ
The debt has soared by 119% year-on-year but it is down by 2.6% since the previous quarter
The P/E is 23% less than the 5-year quarterly average of 36.8 but 6% more than the last 4 quarters average of 26.5
The EPS has declined by 25% year-on-year and by 14% since the previous quarter
L3Harris Technologies's gross margin has decreased by 18% YoY and by 2.1% QoQ

Key stats

What are the main financial stats of LHX
Market
Shares outstanding
216.2M
Market cap
$36.71B
Enterprise value
$42.48B
Valuations
Price to earnings (P/E)
28.16
Price to book (P/B)
1.66
Price to sales (P/S)
2
EV/EBIT
24.27
EV/EBITDA
15.69
EV/Sales
2.32
Earnings
Revenue
$18.33B
EBIT
$1.75B
EBITDA
$2.71B
Free cash flow
$1.99B
Per share
EPS
$6.03
Free cash flow per share
$9.23
Book value per share
$102.39
Revenue per share
$84.92
TBVPS
$48.64
Balance sheet
Total assets
$37.85B
Total liabilities
$15.63B
Debt
$7.71B
Equity
$22.1B
Working capital
$2.34B
Liquidity
Debt to equity
0.35
Current ratio
1.51
Quick ratio
0.67
Net debt/EBITDA
2.13
Margins
EBITDA margin
14.8%
Gross margin
28%
Net margin
7.2%
Operating margin
6%
Efficiency
Return on assets
3.5%
Return on equity
5.9%
Return on invested capital
14%
Return on capital employed
5.3%
Return on sales
9.5%
Dividend
Dividend yield
1.94%
DPS
$3.3
Payout ratio
54.7%

LHX stock price

How has the L3Harris Technologies stock price performed over time

Financial performance

How have L3Harris Technologies's revenue and profit performed over time
Revenue
$18.33B
Gross profit
$5.14B
Operating income
$1.1B
Net income
$1.32B
Gross margin
28%
Net margin
7.2%
The company's revenue has surged by 170% YoY and by 16% QoQ
L3Harris Technologies's gross profit has surged by 120% YoY and by 14% QoQ
The operating margin has dropped by 63% year-on-year and by 13% since the previous quarter
The net margin is down by 49% year-on-year and by 13% since the previous quarter

Growth

What is L3Harris Technologies's growth rate over time

Valuation

What is L3Harris Technologies stock price valuation
P/E
28.16
P/B
1.66
P/S
2
EV/EBIT
24.27
EV/EBITDA
15.69
EV/Sales
2.32
The EPS has declined by 25% year-on-year and by 14% since the previous quarter
The P/E is 23% less than the 5-year quarterly average of 36.8 but 6% more than the last 4 quarters average of 26.5
The price to book (P/B) is 60% lower than the 5-year quarterly average of 4.2 and 13% lower than the last 4 quarters average of 1.9
The company's revenue has surged by 170% YoY and by 16% QoQ
LHX's P/S is 38% below its last 4 quarters average of 3.2 and 23% below its 5-year quarterly average of 2.6

Efficiency

How efficient is L3Harris Technologies business performance
LHX's return on equity has dropped by 79% year-on-year and by 20% since the previous quarter
The company's return on assets has shrunk by 64% YoY and by 17% QoQ
The return on sales has declined by 49% year-on-year and by 11% since the previous quarter
The ROIC is down by 45% year-on-year and by 10% since the previous quarter

Dividends

What is LHX's dividend history
DPS
$3.3
Dividend yield
1.94%
Payout ratio
54.7%
Recent dividends

Financial health

How did L3Harris Technologies financials performed over time
L3Harris Technologies's total assets is 142% more than its total liabilities
The total liabilities has surged by 131% year-on-year but it has declined by 2.8% since the previous quarter
L3Harris Technologies's quick ratio has surged by 76% QoQ and by 52% YoY
The debt is 65% smaller than the equity
The debt has soared by 119% year-on-year but it is down by 2.6% since the previous quarter
The debt to equity has plunged by 67% YoY and by 2.8% from the previous quarter

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