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L3Harris Technologies LHX Inventory turnover

Inventory turnover at other companies

Boeing logo
BoeingBA
+0.2×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
5.1×-0.4×
Lockheed Martin logo
Lockheed MartinLMT
17.3×-1.5×
Teledyne Technologies logo
Teledyne TechnologiesTDY
3.3×-0.1×
HEICO logo
HEICOHEI
2.2×+0.1×
TTM Technologies logo
TTM TechnologiesTTMI
9.3×+0.7×

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×
Current ratio0.0×

Where this comes from

Calculated from L3Harris Technologies’s reported figures.

Based on trailing twelve months.

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 inventory turnover?
L3Harris Technologies (LHX) reported inventory turnover of 23.2× in Q1 2026.
How has L3Harris Technologies's inventory turnover changed year-over-year?
L3Harris Technologies's inventory turnover increased by 15.5% year-over-year, from 20.1× to 23.2×.
What is the long-term trend for L3Harris Technologies's inventory turnover?
Over 4 years (2021 to 2025), L3Harris Technologies's inventory turnover has grown at a 9.1% compound annual growth rate (CAGR), from 58.9× to 83.5×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.