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L3Harris Technologies LHX Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin103%-0.6pp103.5%-0.3pp103.8%-0.5pp104.3%-0.4pp104.8%-0.2pp
Operating margin39.4%+1.0pp38.4%+1.2pp37.1%+2.6pp34.6%+2.3pp32.3%+2.2pp
Net margin17.9%+0.1pp17.8%+0.2pp17.6%-1.0pp18.7%-1.2pp19.8%-1.5pp
EBITDA margin52.4%+0.7pp51.7%+1.0pp50.7%-0.3pp51%-0.6pp51.7%-1.3pp
Free cash flow margin24.6%+0.6pp24%+1.2pp22.8%-3.4pp26.2%-1.3pp27.5%+0.4pp
Returns
Return on equity35.2%+0.4pp34.7%+0.4pp34.4%+2.7pp31.7%+2.5pp29.1%+2.1pp
Return on assets16.4%+0.3pp16.1%+0.3pp15.8%+1.4pp14.4%+1.0pp13.4%+0.8pp
Return on invested capital43.8%+1.4pp42.4%+1.2pp41.2%+5.9pp35.3%+5.5pp29.8%+5.6pp
Efficiency
Asset turnover3.7×0.0×3.6×0.0×3.6×+0.4×3.2×+0.4×2.8×+0.4×
Inventory turnover86.6×+3.1×83.5×+2.6×80.9×+10.4×70.4×+10.2×60.2×+10.2×
Liquidity
Current ratio4.4×0.0×4.4×+0.1×4.3×+0.1×4.2×+0.1×0.0×
Quick ratio3.7×0.0×3.7×+0.1×3.6×+0.1×3.5×+0.1×3.4×0.0×
Cash ratio0.3×0.0×0.3×+0.1×0.3×0.0×0.3×0.0×0.3×0.0×
Leverage
Debt-to-equity2.4×-0.1×2.5×-0.1×2.6×-0.1×2.6×-0.1×2.7×-0.1×
Debt-to-assets1.2×0.0×1.2×0.0×1.2×0.0×1.2×0.0×1.2×0.0×
Net debt / EBITDA9.1×-0.4×9.6×-0.6×10.1×-2.0×12.1×-2.1×14.2×-2.2×
Valuation
Market capitalization$229.5B+9.3%$210.06B+12.9%$186.14B+4.0%$178.98B+4.9%$170.6B-0.1%
Enterprise value$274.75B+7.2%$256.28B+9.5%$233.95B+2.8%$227.52B+3.4%$220.07B-0.8%
Price / earnings135.5×+9.4×126.2×+13.2×113×-8.1×121.1×-5.9×127×-9.4×
Price / sales6.1×+0.5×5.6×+0.6×-0.8×5.8×-0.7×6.5×-0.9×
Price / book11.7×+0.9×10.8×+1.2×9.6×+0.3×9.3×+0.4×8.9×-0.1×
EV / EBITDA55.3×+2.6×52.8×+3.3×49.5×-7.6×57.1×-6.7×63.8×-8.0×
EV / sales7.3×+0.4×6.8×+0.6×6.3×-1.1×7.3×-1.0×8.3×-1.3×
Free cash flow yield16.2%-1.3pp17.5%-1.2pp18.7%-0.3pp19%+0.8pp18.2%+2.8pp
Earnings yield12%-1.1pp13%-1.2pp14.3%+0.7pp13.6%+0.5pp13%+1.1pp
Dividend yield6.3%-0.7pp7%-0.8pp7.8%-0.2pp8%-0.3pp8.3%+0.1pp
PEG ratio11.5×+3.7×7.8×+4.6×3.3×

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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.