Skip to content

L3Harris Technologies LHX Ratios & Valuation

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin103%-1.8pp103.5%-1.4pp103.8%-1.5pp104.3%-1.0pp104.8%-0.9pp
Operating margin39.4%+7.1pp38.4%+8.3pp37.1%+8.5pp34.6%+4.7pp32.3%+2.1pp
Net margin17.9%-1.9pp17.8%-3.5pp17.6%-5.9pp18.7%-7.2pp19.8%-4.7pp
EBITDA margin52.4%+0.7pp51.7%-1.3pp50.7%-3.3pp51%-6.1pp51.7%-6.7pp
Free cash flow margin24.6%-3.0pp24%-3.1pp22.8%-7.0pp26.2%-4.3pp27.5%-6.0pp
Returns
Return on equity35.2%+6.0pp34.7%+7.7pp34.4%+8.6pp31.7%+4.3pp29.1%+3.9pp
Return on assets16.4%+3.0pp16.1%+3.5pp15.8%+3.5pp14.4%+1.1pp13.4%+0.9pp
Return on invested capital43.8%+14.0pp42.4%+18.1pp41.2%+21.8pp35.3%+15.2pp29.8%+9.9pp
Efficiency
Asset turnover3.7×+0.8×3.6×+1.2×3.6×+1.5×3.2×+1.1×2.8×+0.8×
Inventory turnover86.6×+26.4×83.5×+33.5×80.9×+40.2×70.4×+30.7×60.2×+21.3×
Liquidity
Current ratio4.4×+0.4×4.4×+0.4×4.3×+0.4×4.2×+0.4×+0.1×
Quick ratio3.7×+0.4×3.7×+0.4×3.6×+0.3×3.5×+0.4×3.4×+0.2×
Cash ratio0.3×+0.1×0.3×+0.1×0.3×0.0×0.3×0.0×0.3×0.0×
Leverage
Debt-to-equity2.4×-0.3×2.5×-0.3×2.6×-0.3×2.6×-0.3×2.7×-0.1×
Debt-to-assets1.2×-0.1×1.2×-0.1×1.2×-0.1×1.2×-0.1×1.2×0.0×
Net debt / EBITDA9.1×-5.1×9.6×-6.9×10.1×-8.8×12.1×-6.9×14.2×-3.7×
Valuation
Market capitalization$229.5B+34.5%$210.06B+23.0%$186.14B+9.4%$178.98B+13.8%$170.6B+13.7%
Enterprise value$274.75B+24.8%$256.28B+15.6%$233.95B+5.3%$227.52B+8.0%$220.07B+10.1%
Price / earnings135.5×+8.5×126.2×-10.3×113×-28.9×121.1×-4.8×127×-7.5×
Price / sales6.1×-0.4×5.6×-1.8×-3.3×5.8×-2.2×6.5×-1.4×
Price / book11.7×+2.8×10.8×+1.8×9.6×+0.6×9.3×+0.9×8.9×+0.9×
EV / EBITDA55.3×-8.5×52.8×-19.0×49.5×-31.3×57.1×-18.2×63.8×-8.6×
EV / sales7.3×-1.1×6.8×-2.8×6.3×-4.6×7.3×-3.3×8.3×-2.2×
Free cash flow yield16.2%-2.0pp17.5%+2.0pp18.7%+4.4pp19%+3.5pp18.2%+1.1pp
Earnings yield12%-1.1pp13%+1.1pp14.3%+2.9pp13.6%+0.5pp13%+0.5pp
Dividend yield6.3%-2.0pp7%-1.3pp7.8%-0.5pp8%-0.9pp8.3%-1.0pp
PEG ratio11.5×7.8×3.3×

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.