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L3Harris Technologies LHX Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin25.5%-0.6pp25.7%-0.3pp25.8%-0.5pp25.9%-0.4pp26.1%-0.2pp
Operating margin10.2%+1.0pp10%+1.2pp9.7%+2.6pp9.4%+2.3pp9.2%+2.2pp
Net margin4.5%+0.1pp4.2%+0.2pp4.7%-1.0pp4.6%-1.2pp4.3%-1.5pp
EBITDA margin13.3%+0.7pp13.3%+1.0pp13%-0.3pp12.8%-0.6pp12.6%-1.3pp
Free cash flow margin6.7%+0.6pp7%+1.2pp5%-3.4pp5.8%-1.3pp6.1%+0.4pp
Returns
Return on equity8.9%+0.4pp8.2%+0.4pp9.1%+2.7pp8.9%+2.5pp8.5%+2.1pp
Return on assets4.2%+0.3pp3.9%+0.3pp4.2%+1.4pp4.1%+1.0pp3.9%+0.8pp
Return on invested capital11.7%+1.4pp11%+1.2pp10.6%+5.9pp10.5%+5.5pp10.3%+5.6pp
Efficiency
Asset turnover0.9×0.0×0.9×0.0×0.9×+0.4×0.9×+0.4×0.9×+0.4×
Inventory turnover23.2×+3.1×22.2×+2.6×20.7×+10.4×20.5×+10.2×20.1×+10.2×
Liquidity
Current ratio0.0×1.2×+0.1×1.1×+0.1×+0.1×0.0×
Quick ratio0.9×0.0×+0.1×0.9×+0.1×0.9×+0.1×0.9×0.0×
Cash ratio0.1×0.0×0.1×+0.1×0.1×0.0×0.1×0.0×0.1×0.0×
Leverage
Debt-to-equity0.6×-0.1×0.6×-0.1×0.6×-0.1×0.6×-0.1×0.6×-0.1×
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Net debt / EBITDA2.1×-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%
Enterprise value$70.64B+35.4%$75.19B+42.2%$65.73B+10.9%$63.19B+13.3%$52.17B-3.1%
Price / earnings34.6×+9.4×39.9×+13.2×30.7×-8.1×30.3×-5.9×25.2×-9.4×
Price / sales1.5×+0.5×1.7×+0.6×1.4×-0.8×1.4×-0.7×1.1×-0.9×
Price / book+0.9×3.3×+1.2×2.8×+0.3×2.7×+0.4×2.1×-0.1×
EV / EBITDA13.7×+2.6×14.9×+3.3×13.5×-7.6×13.3×-6.7×11.1×-8.0×
EV / sales1.8×+0.4×+0.6×1.8×-1.1×1.7×-1.0×1.4×-1.3×
Free cash flow yield4.3%-1.3pp4.2%-1.2pp3.5%-0.3pp4.2%+0.8pp5.6%+2.8pp
Earnings yield2.9%-1.1pp2.5%-1.2pp3.3%+0.7pp3.3%+0.5pp4%+1.1pp
Dividend yield1.5%-0.7pp1.4%-0.8pp1.7%-0.2pp1.7%-0.3pp2.2%+0.1pp
PEG ratio4.4×+3.7×5.8×+4.6×0.7×0.7×0.0×0.7×-0.6×

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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.