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LHX L3Harris Technologies PE ratio, current and historical analysis

As at Jun 14, 2024, the LHX stock has a price-to-earnings ratio of 35.19. This is based on the current EPS of $6.18 and the stock price of $217.47 per share. An increase of 3.8% has been recorded in the PE ratio compared to the average of 33.9 of the past four quarters.

LHX PE ratio history

How has LHX's PE ratio performed in the past

The mean historical PE ratio of L3Harris Technologies over the last ten years is 32.12. The current 35.19 price-to-earnings ratio is 10% more than the historical average. In the past ten years, LHX's PE ratio reached its highest point in the Jan 2016 quarter at 144.83, with a price of $86.9 and an EPS of $0.6. The Sep 2014 quarter saw the lowest point at 13.52, with a price of $67.72 and an EPS of $5.01.

Average
32.12
Median
26.82
Minimum
13.52
Maximum
144.83

L3Harris Technologies PE ratio by year

Maximum annual increase: 62.37% in 2015

Maximum annual decrease: -68.83% in 2014

Year PE ratio Change
2023 32.55 -13.38%
2022 37.58 61.63%
2021 23.25 -35.67%
2021 36.14 53.46%
2019 23.55 -4.19%
2018 24.58 -0.41%
2017 24.68 -22%
2016 31.64 28.2%
2015 24.68 62.37%
2014 15.2 -68.83%

LHX average PE ratio chart

What is the average PE ratio of LHX for the past years

Currently, LHX's PE ratio is above its 3, 5 and 10-year historical averages.

3-year avg
31.98
5-year avg
30.45
10-year avg
32.12
15-year avg
43.13

LHX PE vs peers

What is LHX's PE ratio compared to its peers
Stock name PE ratio Market cap
LHX L3Harris Technologies Inc 35.19 $41.25B
LIDR AEye Inc N/A $15.05M
NN Nextnav Inc N/A $890.77M

Frequently asked questions

What is L3Harris Technologies's PE ratio?

The price to earnings ratio for LHX stock is 35.19 as of Jun 14, 2024.

What is the 3-year average PE ratio for L3Harris Technologies (LHX)?

Over the last 3 years, the average PE ratio for LHX stock is 31.98.

What is the 5-year average PE ratio for L3Harris Technologies (LHX)?

Over the last 5 years, the average PE ratio for LHX stock is 30.45.

What is the highest PE ratio for LHX?

The highest quarterly PE ratio in the last ten years has been 144.83 and it was in the Jan 2016 quarter.

How does the current PE ratio for LHX compare to its historical average?

LHX's current price to earnings ratio is 10% above its 10-year historical average.

How is LHX's PE ratio calculated (L3Harris Technologies PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 14, 2024), L3Harris Technologies's stock price is $217.47. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.18. Therefore, L3Harris Technologies's price to earnings ratio for today is 35.19. PE RATIO(35.19) = STOCK PRICE($217.47) / TTM EPS($6.18)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.