L3Harris Technologies LHX Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 25.5%-0.6pp | 25.7%-0.3pp | 25.8%-0.5pp | 25.9%-0.4pp | 26.1%-0.2pp | |
| Operating margin | 10.2%+1.0pp | 10%+1.2pp | 9.7%+2.6pp | 9.4%+2.3pp | 9.2%+2.2pp | |
| Net margin | 4.5%+0.1pp | 4.2%+0.2pp | 4.7%-1.0pp | 4.6%-1.2pp | 4.3%-1.5pp | |
| Returns | ||||||
| Return on equity | 8.9%+0.4pp | 8.2%+0.4pp | 9.1%+2.7pp | 8.9%+2.5pp | 8.5%+2.1pp | |
| Return on invested capital | 11.7%+1.4pp | 11%+1.2pp | 10.6%+5.9pp | 10.5%+5.5pp | 10.3%+5.6pp | |
| Efficiency | ||||||
| Asset turnover | 0.9×0.0× | 0.9×0.0× | 0.9×+0.4× | 0.9×+0.4× | 0.9×+0.4× | |
| Liquidity | ||||||
| Current ratio | 1×0.0× | 1.2×+0.1× | 1.1×+0.1× | 1×+0.1× | 1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.6×-0.1× | 0.6×-0.1× | 0.6×-0.1× | 0.6×-0.1× | 0.6×-0.1× | |
| Net debt / EBITDA | 2.1×-0.4× | 2.2×-0.6× | 2.4×-2.0× | 2.5×-2.1× | 2.5×-2.2× | |
| Valuation | ||||||
| Market capitalization | $59.87B+48.1% | $64.13B+59.5% | $54.08B+15.3% | $51.42B+19.5% | $40.43B-0.5% | |
| Price / earnings | 34.6×+9.4× | 39.9×+13.2× | 30.7×-8.1× | 30.3×-5.9× | 25.2×-9.4× | |
| Price / sales | 1.5×+0.5× | 1.7×+0.6× | 1.4×-0.8× | 1.4×-0.7× | 1.1×-0.9× | |
| Price / book | 3×+0.9× | 3.3×+1.2× | 2.8×+0.3× | 2.7×+0.4× | 2.1×-0.1× | |
| EV / EBITDA | 13.7×+2.6× | 14.9×+3.3× | 13.5×-7.6× | 13.3×-6.7× | 11.1×-8.0× | |
| Dividend yield | 1.5%-0.7pp | 1.4%-0.8pp | 1.7%-0.2pp | 1.7%-0.3pp | 2.2%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are L3Harris Technologies's profit margins?
- L3Harris Technologies (LHX) runs a 25.5% gross margin and a 10.2% operating margin, with a 4.5% net margin.
- Where do L3Harris Technologies's ratios come from?
- Every ratio is computed from L3Harris Technologies's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
