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L3Harris Technologies LHX Compensation and benefits

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Other financials

Income statement

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Revenue$5.7B+11.9%
Gross profit$1.4B+3.9%
Operating income$652.0M+24.2%
Net income$512.0M+32.6%
EPS (diluted)$2.72+33.3%

Balance sheet

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Cash & equivalents$590.0M+14.1%
Total debt$11.4B-7.3%
Total equity$19.7B+2.9%
Total assets$41.4B+0.3%

Cash flow

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Operating cash flow-$95.0M-126%
CapEx$99.0M+67.8%
Free cash flow-$194.0M-92.1%

Valuation

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Market cap$53.52B+14.7%
Enterprise value$64.28B+10.1%
P/E30.9×+1.8×
P/S1.4×+0.1×

Profitability

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Gross margin25.5%-0.6pp
Operating margin10.2%+1.0pp
Net margin4.5%+0.1pp
FCF margin6.7%+0.6pp

Returns & leverage

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Return on equity8.9%+0.4pp
Debt / equity0.6×-0.1×
Current ratio1×0.0×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The official record: L3Harris Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is L3Harris Technologies's compensation and benefits?
L3Harris Technologies (LHX) reported compensation and benefits of $391M in Q1 2026.
How has L3Harris Technologies's compensation and benefits changed year-over-year?
L3Harris Technologies's compensation and benefits increased by 24.5% year-over-year, from $314M to $391M.
What is the long-term trend for L3Harris Technologies's compensation and benefits?
Over 5 years (2020 to 2025), L3Harris Technologies's compensation and benefits has grown at a -0.6% compound annual growth rate (CAGR), from $496M to $482M.
What does compensation and benefits mean?
This includes short-term obligations to employees, such as accrued wages, bonuses, vacation pay, and other benefits due within one year. It reflects the immediate cost of the workforce required to maintain operations. For a technology-heavy firm like L3Harris, this represents a significant portion of operating expenses.