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Quick ratio at other companies

Boeing logo
BoeingBA
0.3×0.0×
General Dynamics logo
General DynamicsGD
0.9×+0.1×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
0.8×-0.2×
Raytheon Technologies logo
Raytheon TechnologiesRTX
0.8×0.0×
Lockheed Martin logo
Lockheed MartinLMT
0.9×0.0×
Teledyne Technologies logo
Teledyne TechnologiesTDY
1.2×-0.3×

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 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 quick ratio?
L3Harris Technologies (LHX) reported quick ratio of 0.9× in Q1 2026.
How has L3Harris Technologies's quick ratio changed year-over-year?
L3Harris Technologies's quick ratio increased by 4.6% year-over-year, from 0.9× to 0.9×.
What is the long-term trend for L3Harris Technologies's quick ratio?
Over 4 years (2021 to 2025), L3Harris Technologies's quick ratio has grown at a -9.7% compound annual growth rate (CAGR), from 5.6× to 3.7×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.