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L3Harris Technologies LHX Missile Solutions — D&A

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Other financials

Income statement

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Revenue$5.9B+8.4%
Gross profit$1.5B+12.5%
Operating income$654.0M+14.5%
Net income$600.0M+31.0%
EPS (diluted)$3.13+28.3%

Balance sheet

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Cash & equivalents$1.5B+216%
Total debt$12.8B+4.6%
Total equity$19.9B+3.1%
Total assets$42.9B+4.1%

Cash flow

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Operating cash flow$879.0M+37.3%
CapEx$108.0M+22.7%
Free cash flow$771.0M+39.7%

Valuation

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Market cap$50.65B-1.5%
Enterprise value$61.95B-2.0%
P/E27×-3.3×
P/S1.3×-0.1×

Profitability

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Gross margin25.6%-0.3pp
Operating margin10.3%+0.9pp
Net margin4.8%+0.2pp
FCF margin7.2%+1.4pp

Returns & leverage

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Return on equity9.6%+0.7pp
Debt / equity0.6×0.0×
Current ratio1.2×+0.1×

Where this comes from

Reported directly by L3Harris Technologies in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

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

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Questions, answered.

What is L3Harris Technologies's missile solutions — D&A?
L3Harris Technologies (LHX) reported missile solutions — D&A of $15M in Q2 2026.
What does missile solutions — D&A mean?
This metric represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the Missile Solutions segment. It reflects the ongoing consumption of the segment's capital base and is a critical component in reconciling net income to cash flow. Monitoring this helps investors understand the segment's reinvestment cycle and asset aging.