L3Harris Technologies, Inc. logo LHX - L3Harris Technologies, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 24
HOLD 6
SELL 2
STRONG
SELL
0
| PRICE TARGET: $352.25 DETAILS
HIGH: $367.00
LOW: $323.00
MEDIAN: $359.50
CONSENSUS: $352.25
UPSIDE: 12.91%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 21,865 21,325 19,419 17,062 17,814 18,194 0 6,801 6,168 5,897 5,992 5,083 5,012 5,111.7 5,451.3 5,418.4 4,725 5,005 4,596.1 4,243 3,474.8 3,000.6 2,518.6 2,060.6 1,835.8 1,955.1 1,807.4 1,743.5 1,924.8 1,948.6 3,621.2 3,444.1 3,336.1
Cost of Revenue 16,240 15,801 14,306 12,135 12,438 12,886 0 4,467 4,066 3,854 3,995 3,356 3,310.5 3,385 3,569.3 3,532.5 3,052.9 3,420.2 3,145.6 2,862.4 2,385.8 2,172 1,888.3 1,543.2 1,353.4 1,431.1 1,294.5 1,214.8 1,381.6 1,397.9 2,233.9 2,163.2 2,121.4
Gross Profit 5,625 5,524 5,113 4,927 5,376 5,308 0 2,334 2,102 2,043 1,997 1,727 1,701.5 1,726.7 1,882 1,885.9 1,672.1 1,584.8 1,450.5 1,380.6 1,089 828.6 630.3 517.4 482.4 524 512.9 528.7 543.2 550.7 1,387.3 1,280.9 1,214.7
Operating Expenses
R&D Expenses 536 515 480 603 0 0 0 0 0 0 305 277 264.1 236.3 218.9 239.8 228.1 243.5 248 234.6 197.8 137.3 111.3 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 2,232 2,215 3,313 2,998 3,280 3,315 0 1,242 1,182 1,150 463 549 555.5 634.2 722 604.5 495.1 535.4 472.1 532.4 479.1 361.5 309.7 414.1 378.3 414.4 415.2 384.3 420.7 399.9 911.9 835.8 830.8
Other Expenses 707 779 (480) (603) (13) 1,993 0 1,092 (202) 893 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Operating Expenses 3,475 3,509 3,313 2,998 3,267 5,308 0 2,334 980 2,043 768 826 819.6 870.5 940.9 844.3 723.2 778.9 720.1 767 676.9 498.8 421 414.1 378.3 356.6 483.8 447.8 482.6 462.7 1,082.6 1,001.1 984.2
Operating Income
Operating Income 2,150 2,015 1,800 1,929 2,109 0 0 1,092 1,122 893 1,229 901 881.9 856.2 941.1 1,041.6 948.9 805.9 730.4 613.6 412.1 329.8 209.3 79.6 63.1 160.9 21.9 87.3 19.1 57.2 272.5 256.6 209.2
Interest Expense 597 675 543 279 265 270 0 167 170 172 183 130 94 109 113.2 90.4 72.1 52.8 53.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 16 0 0 2 2 2 2 3 2 2.5 2.8 1.5 3.2 5.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 3,753 3,561 2,930 2,490 3,515 2,608 0 1,538 1,337 1,372 1,356 830 1,090.4 994.6 1,176.7 1,179 1,088.4 679.6 857 850.4 513.8 409.8 259.6 136 118.2 240.6 90.5 150.8 81 120 443.2 421.9 362.6
EBIT 2,529 2,272 1,764 1,552 2,548 1,576 0 1,280 1,078 1,061 1,067 607 889 773.7 955.1 995.9 948.5 538.1 720.6 701.9 417.3 327.2 204.5 103.3 104.1 167.4 29.1 80.9 60.6 88 304.7 279.8 230.5
Income Before Tax 1,932 1,597 1,221 1,273 2,283 1,322 0 1,113 908 889 884 396 795 665 841.9 905.5 876.4 485.3 667.5 660.8 380.8 298.4 180 108.2 131.7 72.4 38.5 78 103.7 99.2 274.4 237.6 193.5
Income Tax Expense 326 85 23 212 440 234 0 160 206 261 273 109 256 203 286 306.8 295.4 172.9 214 190.9 142.9 96.2 54.3 37.9 44.7 51 13.5 28.1 37.3 34.9 96 83.1 71.6
Net Income 1,606 1,502 1,227 1,062 1,846 1,119 0 949 699 543 324 334 535 113 30.6 588 561.6 37.9 444.2 480.4 237.9 202.2 132.8 59.5 82.6 21.4 18 53.1 133 207.5 178.4 154.5 111.8
Per Share Data
EPS (Basic) 8.57 7.91 6.47 5.54 9.17 5.23 7.43 8.04 5.89 4.50 2.61 3.15 5.00 1.01 0.26 4.63 4.31 0.29 3.32 3.63 1.79 1.52 1.00 0.45 0.62 0.16 0.13 0.34 0.84 1.33 1.15 0.99 0.71
EPS (Diluted) 8.53 7.87 6.44 5.49 9.08 5.18 7.35 7.88 5.77 4.44 2.59 3.11 4.95 1.01 0.26 4.60 4.28 0.28 3.26 3.43 1.71 1.46 0.97 0.45 0.62 0.16 0.13 0.34 0.83 1.33 1.15 0.99 0.71
Shares Outstanding 187.4 189.8 189.6 191.8 201.3 214 221.2 118 118.6 122.6 123.8 105.7 106.1 110.5 114.2 125.3 129 132.3 133.9 132.3 132.9 133.0 132.8 132.2 131.8 133.8 149 158.5 158.3 156.0 155.8 156.1 158.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 1,069 615 560 880 941 1,276 824 530 422 484 455.2 281.2 377.6 627.5 442.6 84.4 109 378.2 85.7 101.5 70.7 74.6 119.3 139.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23.1 100.8 182 432.5 15.5 30 0 0 0 0
Net Receivables 4,990 4,681 4,426 4,278 4,164 4,076 3,877 1,455 666 647 742.4 791.8 494 575.2 585.7 644.9 615 466.5 596.1 594 1,145.4 1,125.6 1,032 1,016.9
Inventory 1,219 1,330 1,472 1,291 982 973 1,219 360 942 841 615.3 607.2 347.8 220.9 203.1 257.5 220.5 197.2 205.7 216.4 611.1 544.1 494.9 463.1
Other Current Assets 1,315 1,592 1,454 305 272 281 392 1,231 102 101 178.1 179.2 96 114.1 83.1 94.6 76.1 154.6 128.4 111.3 236.3 196.6 164.5 79.2
Total Current Assets 8,593 8,218 7,912 6,754 6,359 6,667 6,312 2,578 2,132 2,073 2,004.6 1,859.4 1,315.4 1,537.7 1,337.6 1,182.2 1,202.6 1,629 1,031.4 1,053.2 2,063.5 1,940.9 1,810.7 1,698.3
Non-Current Assets
Property, Plant & Equipment 2,665 2,806 3,605 2,860 2,870 2,868 2,954 894 878 904 609.7 543.2 307.8 283.3 281.6 273.1 287.5 295.4 291.6 314.8 878.3 721.7 581 551.3
Goodwill 20,010 20,325 19,979 17,283 18,189 18,876 20,001 5,340 5,374 5,366 1,576.2 1,507.1 569.9 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 6,509 7,639 8,540 6,001 6,640 7,908 8,458 870 1,048 1,104 297.8 335.6 99.1 233.4 214.3 209 189.4 166.2 72.8 69.8 227.5 212.8 166.6 166
Long-Term Investments 0 0 0 1 1 3 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 3,342 2,893 1,560 552 565 519 507 262 215 234 147.6 134.5 165.2 171.4 220.7 194.4 282.7 236.3 1,562.8 1,792.6 468.6 331.3 277.7 261.5
Total Non-Current Assets 32,602 33,783 33,775 26,770 28,350 30,293 32,024 7,539 7,724 8,017 2,739 2,605.7 1,142 688.1 737.7 683.2 759.6 697.9 1,927.2 2,177.2 1,574.4 1,265.8 1,025.3 978.8
Total Assets 41,195 42,001 41,687 33,524 34,709 36,960 38,336 10,117 9,856 10,090 4,743.6 4,465.1 2,457.4 2,225.8 2,075.3 1,865.4 1,962.2 2,326.9 2,958.6 3,230.4 3,637.9 3,206.7 2,836 2,677.1
Current Liabilities
Account Payables 2,461 2,005 2,106 1,945 1,767 1,406 1,261 525 462 540 329.4 368 163.7 128.8 112.7 77.2 102.1 109.5 154.3 121.7 196.8 209 168.7 184.5
Short-Term Debt 0 1,298 2,085 820 13 10 260 759 528 634 30.7 106.4 4.2 9.9 32 3.4 181 108.4 324.2 234.2 296.3 183.5 170.3 20.8
Deferred Revenue 2,262 2,142 1,900 1,400 1,297 1,198 1,214 496 290 252 175.6 121.7 139 275 102.6 0 0 0 0 0 0 0 0 0
Other Current Liabilities 2,021 1,740 1,281 417 444 509 331 197 120 140 239.7 0 169.2 129.1 243.2 277.2 306.8 338 328.8 428.7 795.5 790.6 716.3 599.4
Total Current Liabilities 7,226 7,633 8,004 5,776 4,551 4,240 4,009 2,268 1,741 1,926 1,051.8 1,109.7 590.2 542.8 490.5 357.8 589.9 555.9 807.3 784.6 1,288.6 1,183.1 1,055.3 804.7
Non-Current Liabilities
Long-Term Debt 10,443 10,878 10,917 6,225 7,048 6,943 6,694 2,763 3,391 3,396 1,176.6 1,177.3 401.4 401.4 401.6 383.5 285.1 382.6 514.5 761 686.7 588.5 475.9 661.7
Deferred Tax Liabilities 1,114 942 815 719 1,344 1,237 1,481 12 34 34 0 0 26.7 2.8 0 0 0 14.1 47.3 47.4 84.4 62.2 56 22.7
Other Non-Current Liabilities 2,777 2,074 2,080 1,322 1,572 2,965 2,540 1,711 1,696 1,806 325.1 309 0 0 0 0 0 0 0 0 0 0 0 0
Total Non-Current Liabilities 14,334 14,789 14,854 9,124 10,839 11,879 11,583 4,486 5,121 5,236 1,501.7 1,486.3 428.1 404.2 401.6 383.5 285.1 396.7 561.8 808.4 771.1 650.7 531.9 684.4
Total Liabilities 21,560 22,422 22,858 14,900 15,390 16,119 15,592 6,754 6,862 7,162 2,553.5 2,596 1,018.3 947 892.1 741.3 875 952.6 1,369.1 1,593 2,059.7 1,833.8 1,587.2 1,489.1
Stockholders' Equity
Common Stock 187 190 190 191 194 208 218 119 119 120 127.5 131.4 132.9 132.7 66.4 66.1 65.8 69 79.7 80 0 0 0 0
Retained Earnings 4,212 3,739 3,220 2,943 2,917 2,347 2,183 2,173 1,424 1,343 1,621.4 1,322.8 1,093.7 967.6 905.3 829.1 768.8 864.1 1,246.7 1,282.8 1,219.9 1,072.7 969.4 943.1
Accumulated Other Comprehensive Income 119 27 (198) (288) (146) (839) (508) (707) (254) (276) (20.4) (51.4) (6.6) (12.1) (18.2) 10.1 38.7 212.8 (8.4) 3.3 0 0 0 0
Total Stockholders' Equity 19,635 19,514 18,765 18,523 19,213 20,724 22,587 3,363 2,994 2,928 2,189.6 1,869.1 1,439.1 1,278.8 1,183.2 1,124.1 1,087.2 1,374.3 1,589.5 1,637.4 1,578.2 1,372.9 1,248.8 1,188
Total Liabilities & Equity 41,195 42,001 41,687 33,524 34,709 36,960 38,336 10,117 9,856 10,090 4,743.6 4,465.1 2,457.4 2,225.8 2,075.3 1,865.4 1,962.2 2,326.9 2,958.6 3,230.4 3,637.9 3,206.7 2,836 2,677.1
Debt Metrics
Total Debt 10,443 12,980 13,950 7,786 7,829 7,687 7,864 3,522 3,919 4,030 1,207.3 1,283.7 405.6 411.3 433.6 386.9 466.1 491 838.7 995.2 983 772 646.2 682.5
Net Debt 9,374 12,365 13,390 6,906 6,888 6,411 7,040 2,992 3,497 3,546 752.1 1,002.5 28 (216.2) (9) 302.5 357.1 112.8 753 893.7 912.3 697.4 526.9 543.4
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income 1,606 1,512 1,227 1,061 1,842 1,086 1,646 949 699 543 237.9 202.2 132.8 59.5 82.6 21.4 25 49.9 133 207.5 178.4 154.5 121.9
Depreciation & Amortization 1,224 1,289 1,166 938 967 1,032 894 258 259 311 98.4 82.6 60.1 56.4 55.1 79.7 68.6 63.5 61.9 62.8 170.7 165.3 153.4
Stock-Based Compensation 0 97 320 325 348 310 454 141 82 42 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (51) (529) (315) 90 126 83 109 (92) (186) 48 (0.3) 33.8 94.3 57.2 108.7 (105.1) 33.8 (48.5) 34 (53.9) (80.9) (60.4) (92)
Other Non-Cash Items 121 16 121 340 (482) 494 (21) (115) (423) (461) 0 3.7 (21.2) (25.9) (33.4) (14.7) (49.5) 197.3 187.6 135.4 (13.8) 17.4 (22.3)
Operating Cash Flow 3,106 2,559 2,096 2,158 2,687 2,790 939 1,185 751 569 334.2 338.8 289.2 152.8 206.6 (27.3) 44.7 262.1 445 356.2 261.8 310.1 173.1
Investing Activities
Capital Expenditure (424) (408) (449) (252) (342) (368) (173) (161) (136) (119) (146.4) (98.8) (77.1) (73) (45.9) (55.2) (81.3) (60.4) (87.3) (79.5) (292.9) (204.2) (134.9)
Acquisitions 820 0 (6,561) (42) 1,715 1,028 1,493 0 (2) 989 (509.6) (427.3) 47.5 0 (9.4) (147.6) (123.9) (35.7) 0 0 0 0 0
Purchases of Investments 0 0 0 (47) 0 0 0 0 0 0 (335.8) (30) (337) 0 23 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 47 0 0 0 0 0 0 223.2 239.4 272.2 30.1 69.1 127.4 52.6 9.9 0 0 0 0 0
Other Investing Activities 11 145 (11) 44 21 91 0 2 (5) 989 0 0 44.7 13.6 15.5 15.8 1,006.7 49.7 (324.2) (433.2) (69.9) (11.4) 0
Investing Cash Flow 407 (263) (7,021) (250) 1,394 751 1,320 (159) (141) 870 (768.6) (316.7) (97.2) (29.3) 29.3 (59.6) 854.1 (36.5) (411.5) (512.7) (362.8) (215.6) (134.9)
Financing Activities
Net Debt Issuance (1,133) (877) 5,997 (10) (7) (30) (109) (281) (271) (499) 290.2 (8.4) (23.6) 119.9 (110.5) (83.7) (347.9) (156.5) 58.4 202.9 126.9 (37.8) 35.6
Stock Repurchased (1,154) (554) (518) (1,083) (3,675) (2,290) (1,500) (200) (272) (710) (44.9) (56.4) (56.5) (6) 0 (92.2) (232.8) (15.7) 0 0 (26) (29.8) (36.7)
Dividends Paid (903) (886) (868) (864) (817) (725) (337) (325) (272) (262) (42.7) (31.9) (26.6) (21.2) (13.2) (13.3) (29.9) (76.5) (70.1) (60.3) (52.8) (56.6) (44.2)
Other Financing Activities 108 93 (17) 6 91 (63) (134) 25 27 (21) 0 0 (8.2) 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow (3,082) (2,224) 4,594 (1,951) (4,413) (3,112) (1,971) (781) (805) (1,438) 236.4 (76.9) (77.9) 95 (114.3) (187.3) (608) (244.3) 0.4 153.4 57.3 (115.6) (31.8)
Cash Position
Net Change in Cash 454 55 (320) (61) (335) 452 536 242 (196) (3) (196.3) (53.9) 115 216.4 123.2 (275.2) 292.5 (15.8) 34.3 (1.8) (44.7) (19.8) 7.4
Cash at Beginning 615 560 880 941 1,276 824 288 288 484 487 377.6 431.5 316.5 226.2 103 378.2 85.7 101.5 67.2 69 119.3 139.1 131.7
Cash at End 1,069 615 560 880 941 1,276 824 530 288 484 181.3 377.6 431.5 442.6 226.2 103 378.2 85.7 101.5 67.2 74.6 119.3 139.1
Free Cash Flow 2,682 2,151 1,647 1,906 2,345 2,422 766 1,024 615 450 187.8 240 212.1 79.8 160.7 (82.5) (36.6) 201.7 357.7 276.7 (31.1) 105.9 38.2
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 21,865 21,325 19,419 17,062 17,814 18,194 0 6,801 6,168 5,897 5,992 5,083 5,012 5,111.7 5,451.3 5,418.4 4,725 5,005 4,596.1 4,243 3,474.8 3,000.6 2,518.6 2,060.6 1,835.8 1,955.1 1,807.4 1,743.5 1,924.8 1,948.6 3,621.2 3,444.1 3,336.1
Gross Profit 5,625 5,524 5,113 4,927 5,376 5,308 0 2,334 2,102 2,043 1,997 1,727 1,701.5 1,726.7 1,882 1,885.9 1,672.1 1,584.8 1,450.5 1,380.6 1,089 828.6 630.3 517.4 482.4 524 512.9 528.7 543.2 550.7 1,387.3 1,280.9 1,214.7
Operating Income 2,150 2,015 1,800 1,929 2,109 0 0 1,092 1,122 893 1,229 901 881.9 856.2 941.1 1,041.6 948.9 805.9 730.4 613.6 412.1 329.8 209.3 79.6 63.1 160.9 21.9 87.3 19.1 57.2 272.5 256.6 209.2
Net Income 1,606 1,502 1,227 1,062 1,846 1,119 0 949 699 543 324 334 535 113 30.6 588 561.6 37.9 444.2 480.4 237.9 202.2 132.8 59.5 82.6 21.4 18 53.1 133 207.5 178.4 154.5 111.8
EPS (Diluted) 8.53 7.87 6.44 5.49 9.08 5.18 7.35 7.88 5.77 4.44 2.59 3.11 4.95 1.01 0.26 4.60 4.28 0.28 3.26 3.43 1.71 1.46 0.97 0.45 0.62 0.16 0.13 0.34 0.83 1.33 1.15 0.99 0.71
Balance Sheet
Cash & Equivalents 1,069 615 560 880 941 1,276 824 530 422 484 455.2 281.2 377.6 627.5 442.6 84.4 109 378.2 85.7 101.5 70.7 74.6 119.3 139.1
Total Assets 41,195 42,001 41,687 33,524 34,709 36,960 38,336 10,117 9,856 10,090 4,743.6 4,465.1 2,457.4 2,225.8 2,075.3 1,865.4 1,962.2 2,326.9 2,958.6 3,230.4 3,637.9 3,206.7 2,836 2,677.1
Total Debt 10,443 12,980 13,950 7,786 7,829 7,687 7,864 3,522 3,919 4,030 1,207.3 1,283.7 405.6 411.3 433.6 386.9 466.1 491 838.7 995.2 983 772 646.2 682.5
Stockholders' Equity 19,635 19,514 18,765 18,523 19,213 20,724 22,587 3,363 2,994 2,928 2,189.6 1,869.1 1,439.1 1,278.8 1,183.2 1,124.1 1,087.2 1,374.3 1,589.5 1,637.4 1,578.2 1,372.9 1,248.8 1,188
Cash Flow
Operating Cash Flow 3,106 2,559 2,096 2,158 2,687 2,790 939 1,185 751 569 334.2 338.8 289.2 152.8 206.6 (27.3) 44.7 262.1 445 356.2 261.8 310.1 173.1
Capital Expenditure (424) (408) (449) (252) (342) (368) (173) (161) (136) (119) (146.4) (98.8) (77.1) (73) (45.9) (55.2) (81.3) (60.4) (87.3) (79.5) (292.9) (204.2) (134.9)
Free Cash Flow 2,682 2,151 1,647 1,906 2,345 2,422 766 1,024 615 450 187.8 240 212.1 79.8 160.7 (82.5) (36.6) 201.7 357.7 276.7 (31.1) 105.9 38.2