LHX L3Harris Technologies Inc
Price (delayed)
$199.02
Market cap
$37.48B
P/E Ratio
25.16
Dividend/share
$4.64
EPS
$7.91
Enterprise value
$49.1B
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 P/E is 25% less than the last 4 quarters average of 33.4 and 20% less than the 5-year quarterly average of 31.6
L3Harris Technologies's net income has increased by 24% QoQ and by 22% YoY
Key stats
What are the main financial stats of LHX
Market
Valuations
Earnings
Shares outstanding
188.31M
Market cap
$37.48B
Enterprise value
$49.1B
Price to earnings (P/E)
25.16
Price to book (P/B)
1.93
Price to sales (P/S)
1.77
EV/EBIT
21.71
EV/EBITDA
13.83
EV/Sales
2.3
Revenue
$21.33B
Gross profit
$5.52B
Operating income
$1.92B
Net income
$1.5B
EBIT
$2.26B
EBITDA
$3.55B
Free cash flow
$2.15B
Per share
Balance sheet
Liquidity
EPS
$7.91
EPS diluted
$7.87
Free cash flow per share
$11.35
Book value per share
$102.88
Revenue per share
$112.43
TBVPS
$74.01
Total assets
$42B
Total liabilities
$22.42B
Debt
$12.24B
Equity
$19.51B
Working capital
$585M
Debt to equity
0.63
Current ratio
1.08
Quick ratio
0.22
Net debt/EBITDA
3.27
Margins
Efficiency
Dividend
EBITDA margin
16.7%
Gross margin
25.9%
Net margin
7%
Operating margin
9%
Return on assets
3.6%
Return on equity
7.9%
Return on invested capital
12.7%
Return on capital employed
6.6%
Return on sales
10.6%
Dividend yield
2.33%
DPS
$4.64
Payout ratio
58.7%
LHX stock price
How has the L3Harris Technologies stock price performed over time
Intraday
0.91%
1 week
0.71%
1 month
-10.7%
1 year
-6.91%
YTD
-5.35%
QTD
-5.35%
Financial performance
How have L3Harris Technologies's revenue and profit performed over time
Revenue
$21.33B
Gross profit
$5.52B
Operating income
$1.92B
Net income
$1.5B
Gross margin
25.9%
Net margin
7%
The operating income has grown by 35% YoY and by 28% from the previous quarter
The operating margin rose by 27% since the previous quarter and by 23% year-on-year
L3Harris Technologies's net income has increased by 24% QoQ and by 22% YoY
The net margin is up by 23% since the previous quarter and by 11% year-on-year
Growth
What is L3Harris Technologies's growth rate over time
Valuation
What is L3Harris Technologies stock price valuation
P/E
25.16
P/B
1.93
P/S
1.77
EV/EBIT
21.71
EV/EBITDA
13.83
EV/Sales
2.3
The P/E is 25% less than the last 4 quarters average of 33.4 and 20% less than the 5-year quarterly average of 31.6
The EPS is up by 24% since the previous quarter and by 22% year-on-year
The price to book (P/B) is 12% lower than the last 4 quarters average of 2.2 and 8% lower than the 5-year quarterly average of 2.1
The company's equity rose by 4% YoY and by 2.7% QoQ
LHX's P/S is 20% below its 5-year quarterly average of 2.2 and 12% below its last 4 quarters average of 2.0
The company's revenue rose by 10% YoY
Efficiency
How efficient is L3Harris Technologies business performance
The company's return on assets rose by 24% QoQ and by 13% YoY
LHX's return on equity is up by 23% since the previous quarter and by 20% year-on-year
The ROIC is up by 19% since the previous quarter and by 10% year-on-year
The return on sales is up by 18% since the previous quarter and by 15% year-on-year
Dividends
What is LHX's dividend history
DPS
$4.64
Dividend yield
2.33%
Payout ratio
58.7%
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 87% more than its total liabilities
L3Harris Technologies's quick ratio has increased by 10% QoQ
The current ratio is up by 7% year-on-year and by 3.8% since the previous quarter
The debt is 37% smaller than the equity
The debt to equity has contracted by 10% YoY and by 7% from the previous quarter
The debt is down by 7% year-on-year and by 5% since the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.