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L3Harris Technologies LHX Return on assets

Return on assets at other companies

Boeing logo
BoeingBA
1.4%+0.8pp
General Dynamics logo
General DynamicsGD
7.5%+0.4pp
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
12.5%-2.3pp
Raytheon Technologies logo
Raytheon TechnologiesRTX
4.3%+1.5pp
Lockheed Martin logo
Lockheed MartinLMT
8.3%-1.6pp
Teledyne Technologies logo
Teledyne TechnologiesTDY
6.1%+0.5pp

Other financials

Income statement

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Revenue$5.7B+11.9%
Gross profit$1.4B+3.9%
Operating income$652.0M+24.2%
Net income$512.0M+32.6%
EPS (diluted)$2.72+33.3%

Balance sheet

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Cash & equivalents$590.0M+14.1%
Total debt$11.4B-7.3%
Total equity$19.7B+2.9%
Total assets$41.4B+0.3%

Cash flow

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Operating cash flow-$95.0M-126%
CapEx$99.0M+67.8%
Free cash flow-$194.0M-92.1%

Valuation

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Market cap$58.34B+48.1%
Enterprise value$69.11B+35.4%
P/E33.7×+9.1×
P/S1.5×+0.4×

Profitability

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Gross margin25.5%-0.6pp
Operating margin10.2%+1.0pp
Net margin4.5%+0.1pp

Returns & leverage

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Return on equity8.9%+0.4pp
Debt / equity0.6×-0.1×
Current ratio0.0×

Where this comes from

Calculated from L3Harris Technologies’s reported figures.

Based on trailing twelve months.

The official record: L3Harris Technologies’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is L3Harris Technologies's return on assets?
L3Harris Technologies (LHX) reported return on assets of 4.2% in Q1 2026.
How has L3Harris Technologies's return on assets changed year-over-year?
L3Harris Technologies's return on assets increased by 8.5% year-over-year, from 3.9% to 4.2%.
What is the long-term trend for L3Harris Technologies's return on assets?
Over 4 years (2021 to 2025), L3Harris Technologies's return on assets has grown at a -1.7% compound annual growth rate (CAGR), from 17.2% to 16.1%.
What does return on assets mean?
How much profit the company squeezes out of everything it owns.
How do you interpret return on assets?
Higher means more productive assets. Unlike ROE, it is unaffected by leverage, so a wide ROE-minus-ROA gap flags a heavily levered balance sheet.
How does return on assets compare across companies?
Best compared within an industry — asset intensity varies enormously across sectors. Not meaningful for banks, whose assets are largely financial.