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Net margin at other companies

Boeing logo
BoeingBA
2.5%+1.3pp
General Dynamics logo
General DynamicsGD
8.1%0.0pp
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
17.6%-1.1pp
Raytheon Technologies logo
Raytheon TechnologiesRTX
8%+2.4pp
Lockheed Martin logo
Lockheed MartinLMT
6.4%-1.3pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
15%+0.6pp

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

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 net margin?
L3Harris Technologies (LHX) reported net margin of 4.5% in Q1 2026.
How has L3Harris Technologies's net margin changed year-over-year?
L3Harris Technologies's net margin increased by 3.3% year-over-year, from 4.3% to 4.5%.
What is the long-term trend for L3Harris Technologies's net margin?
Over 4 years (2021 to 2025), L3Harris Technologies's net margin has grown at a -15.4% compound annual growth rate (CAGR), from 34.7% to 17.8%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.