Back to LHX overview
#
LHX L3Harris Technologies
PE ratio, current and historical analysis

## LHX PE ratio history

### L3Harris Technologies PE ratio by year

## LHX average PE ratio chart

## LHX PE vs peers

## Frequently asked questions

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What is L3Harris Technologies's PE ratio?

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

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

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What is the highest PE ratio for LHX?

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

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

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.

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

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% |

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

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 |

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

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

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

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

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

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.