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LHX · NYSE · United States · Search, Detection, Navigation, Guidance, Aeronautical Sys
In shortL3HARRIS TECHNOLOGIES, INC. /DE/ is profitable.
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | – | n/a |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 8.2% | 41/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 5.7% | 38/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.19× | 32/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.57× | 80/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 3.01× | 28/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 1.85 | 19/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | – | n/a |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.67× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 4 | 17/100 |
| Revenue growth volatility | 8.8% | 78/100 |
| Operating margin volatility | 2.3% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | – | n/a |
|---|---|---|
| EPS growth, 3-year average | 15.8% | 100/100 |
Weight in the score: 10%
Fiscal year 2026 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 17,814 | 17,062 | 19,419 | 21,325 | – |
| Cost of revenue | 12,438 | 12,135 | 14,306 | 15,801 | – |
| Gross profit | 5,376 | 4,927 | 5,113 | 5,524 | – |
| Selling, general & admin | 3,280 | 2,998 | 3,313 | 3,568 | 3,430 |
| Operating income | 2,109 | 1,127 | 1,426 | 1,918 | 2,110 |
| Pre-tax income | 2,283 | 1,273 | 1,221 | 1,597 | 1,932 |
| Income tax | 440 | 212 | 23 | 85 | 326 |
| Net income | 1,846 | 1,062 | 1,227 | 1,502 | 1,606 |
| Diluted EPS | $9.09 | $5.49 | $6.44 | $7.87 | $8.53 |
| Diluted shares (millions) | 203 | 194 | 191 | 191 | 188 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of L3HARRIS TECHNOLOGIES, INC. /DE/ are included in the Investor plan. Try free for 7 days →
1.85 Grey zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 3, 2026 · Data updated Jul 30, 2026