L3Harris Technologies LHX Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 103.5%-1.4pp | 105%-2.3pp | 107.3%-11.6pp | 118.9%+22.3pp | |
| Operating margin | 38.4%+8.3pp | 30.1%-0.2pp | 30.3%-4.8pp | 35.1%— | |
| Net margin | 17.8%-3.5pp | 21.3%-2.7pp | 24%-10.9pp | 35%+0.3pp | |
| EBITDA margin | 51.7%-1.3pp | 53%-4.0pp | 57%+10.4pp | 46.5%-3.8pp | |
| Free cash flow margin | 24%-3.1pp | 27.1%-13.3pp | 40.5%-2.4pp | 42.8%-9.7pp | |
| Returns | |||||
| Return on equity | 34.7%+7.7pp | 27%+3.2pp | 23.8%-7.0pp | 30.8%+0.3pp | |
| Return on assets | 16.1%+3.5pp | 12.6%+0.4pp | 12.1%-4.9pp | 17.1%-0.1pp | |
| Return on invested capital | 42.4%+18.1pp | 24.3%+4.7pp | 19.6%-5.1pp | 24.6%-1.1pp | |
| Efficiency | |||||
| Asset turnover | 3.6×+1.2× | 2.5×+0.4× | 2×+0.1× | 2×0.0× | |
| Inventory turnover | 83.5×+33.5× | 50×+11.4× | 38.6×-5.4× | 44×-15.0× | |
| Liquidity | |||||
| Current ratio | 4.4×+0.4× | 4×-0.1× | 4.1×-0.7× | 4.9×-1.6× | |
| Quick ratio | 3.7×+0.4× | 3.3×+0.1× | 3.2×-0.7× | 3.9×-1.6× | |
| Cash ratio | 0.3×+0.1× | 0.3×0.0× | 0.3×-0.1× | 0.4×-0.7× | |
| Leverage | |||||
| Debt-to-equity | 2.5×-0.3× | 2.8×+0.2× | 2.6×+2.0× | 0.6×0.0× | |
| Debt-to-assets | 1.2×-0.1× | 1.3×0.0× | 1.2×+0.9× | 0.3×0.0× | |
| Net debt / EBITDA | 9.6×-6.9× | 16.4×-1.0× | 17.5×+13.5× | 4×+1.9× | |
| Valuation | |||||
| Market capitalization | $210.06B+23.0% | $170.8B+16.7% | $146.37B-17.9% | $178.38B+3.0% | |
| Enterprise value | $256.28B+15.6% | $221.77B+15.4% | $192.22B+3.1% | $186.52B+4.5% | |
| Price / earnings | 126.2×-10.3× | 136.4×-3.4× | 139.8×+11.7× | 128.2×+16.1× | |
| Price / sales | 5.6×-1.8× | 7.4×-0.6× | 8×-2.5× | 10.5×+0.9× | |
| Price / book | 10.8×+1.8× | 9×+1.1× | 7.9×-1.6× | 9.5×+0.7× | |
| EV / EBITDA | 52.8×-19.0× | 71.8×-2.5× | 74.4×-20.7× | 95.1×+16.7× | |
| EV / sales | 6.8×-2.8× | 9.6×-0.9× | 10.5×-0.5× | 11×+1.1× | |
| Free cash flow yield | 17.5%+2.0pp | 15.4%-4.8pp | 20.3%+3.9pp | 16.4%-5.6pp | |
| Earnings yield | 13%+1.1pp | 12%-0.2pp | 12.2%-1.1pp | 13.3%-1.2pp | |
| Dividend yield | 7%-1.3pp | 8.3%-1.2pp | 9.5%+1.9pp | 7.6%+0.3pp | |
| PEG ratio | 7.8×— | —— | —— | —— |
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.
