L3Harris Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . L3Harris Technologies
LHX Stock  USD 248.16  1.56  0.63%   
L3Harris Technologies financial statements provide useful quarterly and yearly information to potential L3Harris Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on L3Harris Technologies financial statements helps investors assess L3Harris Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting L3Harris Technologies' valuation are summarized below:
Gross Profit
4.9 B
Profit Margin
0.0571
Market Capitalization
47.1 B
Enterprise Value Revenue
2.8114
Revenue
21.1 B
We have found one hundred twenty available fundamental ratios for L3Harris Technologies, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of L3Harris Technologies last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself in the coming quarters. Market Cap is likely to rise to about 2.1 B in 2024, whereas Enterprise Value is likely to drop slightly above 2.2 B in 2024.

L3Harris Technologies Total Revenue

20.39 Billion

Check L3Harris Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among L3Harris Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 570.1 M or Total Revenue of 20.4 B, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0238 or PTB Ratio of 1.84. L3Harris financial statements analysis is a perfect complement when working with L3Harris Technologies Valuation or Volatility modules.
  
Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

L3Harris Technologies Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets43.8 B41.7 B19.8 B
Slightly volatile
Short and Long Term Debt Total14.6 B13.9 B5.7 B
Slightly volatile
Other Current Liabilities1.9 B1.8 B972.3 M
Slightly volatile
Total Current Liabilities8.4 B8 B3.3 B
Slightly volatile
Total Stockholder Equity19.7 B18.8 B9.4 B
Slightly volatile
Property Plant And Equipment Net3.8 B3.6 B1.8 B
Slightly volatile
Net Debt14.1 B13.4 B5.1 B
Slightly volatile
Retained Earnings3.4 B3.2 B1.9 B
Slightly volatile
Cash376.4 M560 M554 M
Slightly volatile
Non Current Assets Total35.3 B33.6 B15.7 B
Slightly volatile
Non Currrent Assets Other1.5 B1.4 B519.4 M
Slightly volatile
Cash And Short Term Investments402.6 M560 M555.8 M
Slightly volatile
Net Receivables4.6 B4.4 B2 B
Slightly volatile
Common Stock Shares Outstanding164.6 M190.6 M152.6 M
Slightly volatile
Liabilities And Stockholders Equity43.8 B41.7 B19.8 B
Slightly volatile
Non Current Liabilities Total15.6 B14.9 B7.1 B
Slightly volatile
Inventory1.5 B1.5 B901.5 M
Slightly volatile
Other Stockholder Equity16.3 B15.6 B7.5 B
Slightly volatile
Total Liabilities24 B22.9 B10.4 B
Slightly volatile
Total Current Assets8.3 B7.9 B4.1 B
Slightly volatile
Short Term Debt2.2 B2.1 B519.5 M
Slightly volatile
Intangible Assets9 B8.5 B3.5 B
Slightly volatile
Accounts Payable2.2 B2.1 B973.2 M
Slightly volatile
Property Plant And Equipment Gross5.6 B5.3 B2 B
Slightly volatile
Common Stock Total Equity251.2 M239.2 M147.2 M
Slightly volatile
Common Stock135.4 M190 M140.8 M
Slightly volatile
Good Will21 B20 B9.7 B
Slightly volatile
Current Deferred Revenue2 B1.9 B766 M
Slightly volatile
Retained Earnings Total Equity1.7 B2.7 B1.8 B
Slightly volatile
Long Term Debt Total8.5 B8.1 B4.3 B
Slightly volatile
Capital Surpluse19.6 B18.7 B6.8 B
Slightly volatile
Non Current Liabilities Other3 B2.9 B1.3 B
Slightly volatile
Property Plant Equipment3.5 B3.3 B1.5 B
Slightly volatile
Other Liabilities2.9 B3.5 B2.7 B
Slightly volatile
Other Assets122.3 M128.7 M632.3 M
Slightly volatile
Long Term Debt6.1 B11.2 B5.4 B
Slightly volatile
Short and Long Term Debt2.1 B2 B521.5 M
Slightly volatile
Net Invested Capital20.8 B31.9 B13.5 B
Slightly volatile
Cash And Equivalents774.2 M1.1 B647 M
Slightly volatile
Net Working Capital48.5 M51 M482.2 M
Slightly volatile
Capital Stock198.4 M190 M144.8 M
Slightly volatile

L3Harris Technologies Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.2 B1.2 B561.2 M
Slightly volatile
Total Revenue20.4 B19.4 B10.4 B
Slightly volatile
Gross Profit5.4 B5.1 B3.1 B
Slightly volatile
Other Operating Expenses18.9 B18 B9.2 B
Slightly volatile
Operating Income1.5 B1.4 B1.3 B
Slightly volatile
EBIT1.9 B1.8 B1.3 B
Slightly volatile
EBITDA3.1 B2.9 B1.8 B
Slightly volatile
Cost Of Revenue15 B14.3 B7.3 B
Slightly volatile
Total Operating Expenses3.9 B3.7 B1.9 B
Slightly volatile
Income Before Tax1.3 B1.2 B1 B
Slightly volatile
Net Income1.3 B1.2 B760.8 M
Slightly volatile
Income Tax Expense21.9 M23 M198.6 M
Pretty Stable
Selling General Administrative1.5 B1.5 B1.8 B
Slightly volatile
Research Development435.5 M480 M432.2 M
Slightly volatile
Selling And Marketing Expenses427.5 M450 M997 M
Very volatile
Net Income From Continuing Ops855.4 M1.2 B782.8 M
Slightly volatile
Net Income Applicable To Common Shares2.2 B2.1 B922.3 M
Slightly volatile
Tax Provision21.9 M23 M231.6 M
Slightly volatile
Interest Income320 M304.8 M162.9 M
Pretty Stable
Reconciled Depreciation774.9 M1.2 B525.5 M
Slightly volatile

L3Harris Technologies Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow924 M880 M576.5 M
Slightly volatile
Depreciation1.2 B1.2 B560.9 M
Slightly volatile
Dividends Paid911.4 M868 M410.1 M
Slightly volatile
Capital Expenditures471.4 M449 M265.4 M
Slightly volatile
Total Cash From Operating Activities2.2 B2.1 B1.3 B
Slightly volatile
Net Income1.3 B1.2 B755.3 M
Slightly volatile
End Period Cash Flow390.6 M560 M554.5 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.532.40962.2667
Slightly volatile
Dividend Yield0.02380.0190.018
Pretty Stable
PTB Ratio1.842.23421.9929
Slightly volatile
Days Sales Outstanding94.4585.318382.5595
Slightly volatile
Book Value Per Share10195.971297.9147
Pretty Stable
Free Cash Flow Yield0.03870.05460.0537
Slightly volatile
Operating Cash Flow Per Share14.0213.348212.426
Pretty Stable
Stock Based Compensation To Revenue0.02050.01950.0181
Slightly volatile
Capex To Depreciation0.340.35370.3461
Pretty Stable
PB Ratio1.842.23421.9929
Slightly volatile
EV To Sales2.942.79632.6518
Slightly volatile
Free Cash Flow Per Share12.2311.649310.7237
Pretty Stable
ROIC0.06460.07880.0699
Pretty Stable
Inventory Turnover13.312.66612.7881
Slightly volatile
Net Income Per Share9.639.17046.2776
Slightly volatile
Days Of Inventory On Hand27.3828.817328.7501
Slightly volatile
Payables Turnover10.647.0398.9219
Pretty Stable
Sales General And Administrative To Revenue0.120.18410.0932
Slightly volatile
Research And Ddevelopement To Revenue0.06110.03880.0383
Pretty Stable
Capex To Revenue0.01820.01920.0194
Pretty Stable
Cash Per Share4.914.67465.3709
Slightly volatile
POCF Ratio9.8615.975116.8305
Pretty Stable
Interest Coverage9.589.67929.0161
Pretty Stable
Payout Ratio0.830.44260.6071
Pretty Stable
Capex To Operating Cash Flow0.120.12730.1395
Pretty Stable
PFCF Ratio19.2218.30520.2818
Pretty Stable
Days Payables Outstanding32.3651.853641.4846
Slightly volatile
Income Quality2.741.45872.2418
Slightly volatile
ROE0.0880.09610.0639
Slightly volatile
EV To Operating Cash Flow12.3818.538619.7979
Pretty Stable
PE Ratio26.4723.253132.9087
Slightly volatile
Return On Tangible Assets0.20.18680.1289
Slightly volatile
EV To Free Cash Flow22.321.242323.7982
Pretty Stable
Earnings Yield0.05470.0430.0324
Slightly volatile
Intangibles To Total Assets0.750.71530.7236
Very volatile
Net Debt To EBITDA1.711.95792.4568
Very volatile
Current Ratio1.931.39731.5341
Pretty Stable
Receivables Turnover3.934.27814.4368
Slightly volatile
Graham Number147140116
Slightly volatile
Shareholders Equity Per Share10095.444697.3735
Pretty Stable
Debt To Equity0.50.36750.3722
Slightly volatile
Capex Per Share0.951.6991.6463
Pretty Stable
Revenue Per Share92.9288.494887.0846
Slightly volatile
Interest Debt Per Share38.2136.393436.6588
Slightly volatile
Debt To Assets0.210.20340.1992
Slightly volatile
Enterprise Value Over EBITDA10.0314.159516.7447
Slightly volatile
Short Term Coverage Ratios217207275
Slightly volatile
Price Earnings Ratio26.4723.253132.9087
Slightly volatile
Operating Cycle171114115
Slightly volatile
Price Book Value Ratio1.842.23421.9929
Slightly volatile
Days Of Payables Outstanding32.3651.853641.4846
Slightly volatile
Dividend Payout Ratio0.830.44260.6071
Pretty Stable
Price To Operating Cash Flows Ratio9.8615.975116.8305
Pretty Stable
Price To Free Cash Flows Ratio19.2218.30520.2818
Pretty Stable
Pretax Profit Margin0.07220.12820.0811
Slightly volatile
Ebt Per Ebit1.210.89010.6781
Slightly volatile
Operating Profit Margin0.07930.1440.1252
Slightly volatile
Effective Tax Rate0.210.19270.1643
Pretty Stable
Company Equity Multiplier1.831.80651.8131
Slightly volatile
Long Term Debt To Capitalization0.260.26840.2602
Slightly volatile
Total Debt To Capitalization0.290.26870.2654
Slightly volatile
Return On Capital Employed0.0880.08510.0732
Very volatile
Debt Equity Ratio0.50.36750.3722
Slightly volatile
Ebit Per Revenue0.07930.1440.1252
Slightly volatile
Quick Ratio1.451.18151.2878
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.492.31842.339
Slightly volatile
Net Income Per E B T0.790.80860.8521
Very volatile
Cash Ratio0.220.20680.2612
Slightly volatile
Cash Conversion Cycle59.1762.28267.805
Slightly volatile
Operating Cash Flow Sales Ratio0.0880.15080.1388
Slightly volatile
Days Of Inventory Outstanding27.3828.817328.7501
Slightly volatile
Days Of Sales Outstanding94.4585.318382.5595
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.920.87270.8632
Very volatile
Cash Flow Coverage Ratios0.290.38050.3575
Slightly volatile
Price To Book Ratio1.842.23421.9929
Slightly volatile
Fixed Asset Turnover5.136.2076.176
Slightly volatile
Capital Expenditure Coverage Ratio8.257.85677.325
Pretty Stable
Price Cash Flow Ratio9.8615.975116.8305
Pretty Stable
Enterprise Value Multiple10.0314.159516.7447
Slightly volatile
Debt Ratio0.210.20340.1992
Slightly volatile
Cash Flow To Debt Ratio0.290.38050.3575
Slightly volatile
Price Sales Ratio2.532.40962.2667
Slightly volatile
Return On Assets0.03820.05320.0346
Slightly volatile
Asset Turnover0.990.51320.5259
Slightly volatile
Net Profit Margin0.110.10360.0723
Slightly volatile
Gross Profit Margin0.360.30180.2945
Slightly volatile
Price Fair Value1.842.23421.9929
Slightly volatile
Return On Equity0.0880.09610.0639
Slightly volatile

L3Harris Technologies Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.1 B1.8 B3.8 B
Slightly volatile
Enterprise Value2.2 B2.4 B2.7 B
Slightly volatile

L3Harris Fundamental Market Drivers

Forward Price Earnings17.331
Cash And Short Term Investments560 M

L3Harris Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About L3Harris Technologies Financial Statements

L3Harris Technologies investors use historical fundamental indicators, such as L3Harris Technologies' revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in L3Harris Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.9 B2 B
Total Revenue19.4 B20.4 B
Cost Of Revenue14.3 B15 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.18  0.12 
Research And Ddevelopement To Revenue 0.04  0.06 
Capex To Revenue 0.02  0.02 
Revenue Per Share 88.49  92.92 
Ebit Per Revenue 0.14  0.08 

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