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Current ratio at other companies

Boeing logo
BoeingBA
1.2×-0.1×
General Dynamics logo
General DynamicsGD
1.4×0.0×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
1.1×-0.1×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.0×
Lockheed Martin logo
Lockheed MartinLMT
1.1×+0.1×
Teledyne Technologies logo
Teledyne TechnologiesTDY
1.8×-0.4×

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$58.34B+48.1%
Enterprise value$69.11B+35.4%
P/E33.7×+9.1×
P/S1.5×+0.4×

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from L3Harris Technologies’s reported figures.

Based on the most recent quarter.

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 current ratio?
L3Harris Technologies (LHX) reported current ratio of 1× in Q1 2026.
How has L3Harris Technologies's current ratio changed year-over-year?
L3Harris Technologies's current ratio increased by 1.4% year-over-year, from 1× to 1×.
What is the long-term trend for L3Harris Technologies's current ratio?
Over 4 years (2021 to 2025), L3Harris Technologies's current ratio has grown at a -9.0% compound annual growth rate (CAGR), from 6.4× to 4.4×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.