LHX L3Harris Technologies Inc

Price (delayed)

$273.81

Market cap

$51.23B

P/E Ratio

30.46

Dividend/share

$4.72

EPS

$8.99

Enterprise value

$62.85B

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 net income has increased by 43% YoY and by 6% QoQ
The EPS is up by 43% year-on-year and by 6% since the previous quarter
L3Harris Technologies's quick ratio has increased by 30% YoY but it has decreased by 3.7% QoQ
The P/E is 5% more than the last 4 quarters average of 28.9 but 3.3% less than the 5-year quarterly average of 31.5
L3Harris Technologies's gross margin has decreased by 2.3% YoY

Key stats

What are the main financial stats of LHX
Market
Shares outstanding
187.09M
Market cap
$51.23B
Enterprise value
$62.85B
Valuations
Price to earnings (P/E)
30.46
Price to book (P/B)
2.66
Price to sales (P/S)
2.39
EV/EBIT
24.92
EV/EBITDA
16.64
EV/Sales
2.94
Earnings
Revenue
$21.37B
Gross profit
$5.5B
Operating income
$2.16B
Net income
$1.7B
EBIT
$2.52B
EBITDA
$3.78B
Free cash flow
$2.17B
Per share
EPS
$8.99
EPS diluted
$8.95
Free cash flow per share
$11.58
Book value per share
$103.12
Revenue per share
$114.33
TBVPS
$72.79
Balance sheet
Total assets
$41.24B
Total liabilities
$21.96B
Debt
$12.1B
Equity
$19.28B
Working capital
$286M
Liquidity
Debt to equity
0.63
Current ratio
1.04
Quick ratio
0.26
Net debt/EBITDA
3.08
Margins
EBITDA margin
17.7%
Gross margin
25.7%
Net margin
7.9%
Operating margin
10.1%
Efficiency
Return on assets
4.1%
Return on equity
8.8%
Return on invested capital
14.1%
Return on capital employed
7.4%
Return on sales
11.8%
Dividend
Dividend yield
1.72%
DPS
$4.72
Payout ratio
52.5%

LHX stock price

How has the L3Harris Technologies stock price performed over time
Intraday
-1.11%
1 week
-0.37%
1 month
6.78%
1 year
20.71%
YTD
30.21%
QTD
9.16%

Financial performance

How have L3Harris Technologies's revenue and profit performed over time
Revenue
$21.37B
Gross profit
$5.5B
Operating income
$2.16B
Net income
$1.7B
Gross margin
25.7%
Net margin
7.9%
The operating income has grown by 45% YoY and by 4.6% from the previous quarter
L3Harris Technologies's net income has increased by 43% YoY and by 6% QoQ
The operating margin rose by 40% year-on-year and by 4.1% since the previous quarter
The net margin is up by 39% year-on-year and by 3.9% since the previous quarter

Price vs fundamentals

How does LHX's price correlate with its fundamentals

Growth

What is L3Harris Technologies's growth rate over time

Valuation

What is L3Harris Technologies stock price valuation
P/E
30.46
P/B
2.66
P/S
2.39
EV/EBIT
24.92
EV/EBITDA
16.64
EV/Sales
2.94
The EPS is up by 43% year-on-year and by 6% since the previous quarter
The P/E is 5% more than the last 4 quarters average of 28.9 but 3.3% less than the 5-year quarterly average of 31.5
The price to book (P/B) is 27% higher than the 5-year quarterly average of 2.1 and 21% higher than the last 4 quarters average of 2.2
The company's equity rose by 2.3% YoY
LHX's P/S is 20% above its last 4 quarters average of 2.0 and 9% above its 5-year quarterly average of 2.2
The company's revenue rose by 2.9% YoY

Efficiency

How efficient is L3Harris Technologies business performance
The company's return on assets rose by 46% YoY and by 8% QoQ
LHX's return on equity is up by 38% year-on-year and by 4.8% since the previous quarter
The ROIC is up by 33% year-on-year and by 3.7% since the previous quarter
The return on sales is up by 31% year-on-year and by 4.4% since the previous quarter

Dividends

What is LHX's dividend history
DPS
$4.72
Dividend yield
1.72%
Payout ratio
52.5%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did L3Harris Technologies financials performed over time
L3Harris Technologies's total assets is 88% more than its total liabilities
L3Harris Technologies's quick ratio has increased by 30% YoY but it has decreased by 3.7% QoQ
The current ratio is up by 16% year-on-year
The debt is 37% smaller than the equity
The debt to equity has contracted by 10% YoY
The debt is down by 9% year-on-year

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