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L3Harris Technologies LHX Price / earnings

Price / earnings at other companies

Boeing logo
BoeingBA
69×
General Dynamics logo
General DynamicsGD
21.4×+3.0×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
34.4×-1.3×
Raytheon Technologies logo
Raytheon TechnologiesRTX
35.8×-2.7×
Lockheed Martin logo
Lockheed MartinLMT
29.1×+10.0×
Teledyne Technologies logo
Teledyne TechnologiesTDY
30×+1.9×

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/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 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 price / earnings?
L3Harris Technologies (LHX) reported price / earnings of 34.6× in Q1 2026.
How has L3Harris Technologies's price / earnings changed year-over-year?
L3Harris Technologies's price / earnings increased by 37.2% year-over-year, from 25.2× to 34.6×.
What is the long-term trend for L3Harris Technologies's price / earnings?
Over 4 years (2021 to 2025), L3Harris Technologies's price / earnings has grown at a 3.0% compound annual growth rate (CAGR), from 112.1× to 126.2×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.