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LHX

S&P 500
Weak · 38/100

L3Harris

Industrials
Aerospace & Defense

$285.83

3.0%

Updated Today 7:15 PM ET

Price — Past Year

▲ Up 18.5% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$54.92B

P/E

31.07x

Forward P/E (est.)

28.42x

ROE

8.9%

Revenue Growth

-20.8%

EPS Growth

9.3%

Profit Margin

7.5%

FCF Yield

4.3%

Debt / Equity

0.57x

ROIC

6.0%

Interest Coverage

7.81x

Current Ratio

1.03x

Dividend Yield

1.6%

Implied Growth (rev. DCF)

4.9%

Rating Score

38/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what LHX's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. LHX trades near $285.83, below its 50-day average ($317.79) and 200-day average ($315.72). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 38 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. LHX's is $8.93 (~3.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month LHX found buyers near $291.66 (support) and sellers near $318.52 (resistance); its 52-week range is $243.84–$379.23. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 2.3× the 20-day average — heavier than usual, which adds conviction to the move. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

L3Harris (LHX) is a large-cap company in the Aerospace & Defense industry, part of the Industrials sector of the S&P 500, with a market value around $54.92B.

In its latest reported year it generated about $21.32B in revenue and $1.50B in net profit.

Our model rates LHX Weak (38/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

13.5%

Revenue moved from $12.86B in 2020 to $21.32B in 2025, a 13.5% compound annual growth rate. The most recent year declined 20.8% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?

Profitability
Research

Gross Margin

24.9%

Operating Margin

9.0%

Net Margin

7.0%

ROE

8.9%

L3Harris keeps about 7.5% of each sales dollar as net profit, with a 24.9% gross margin and 9.0% operating margin. Return on equity is 8.9% and return on invested capital about 6.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$6.96B

Net Debt

$6.37B

Net Debt / EBITDA

3.32x

Debt / Equity

0.57x

Leverage: debt-to-equity is 0.6x, and operating profit covers interest about 7.8x, with a current ratio of 1.0x. That is a moderate, manageable debt load for most businesses. It carries roughly $6.96B of total debt against $590.00M of cash.

Cash Flow Analysis
Research

Operating CF

$2.56B

Free Cash Flow

$2.15B

FCF Margin

10.1%

In the latest year L3Harris produced about $2.56B of operating cash flow and $2.15B of free cash flow after capital spending. That is a free-cash-flow yield of about 4.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

31.07x

P/S

2.59x

P/B

2.75x

EV / EBITDA

19.26x

LHX trades at 31.1x trailing earnings (about 28.4x on estimated forward earnings), 2.6x sales, and 2.8x book value. Reverse-engineering today's price implies the market expects roughly 4.9% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
31.1xExpensive
Forward P/E
28.4xExpensive
P/S ratio
2.6xFair
Revenue growth
-20.8%Weak
EPS growth
9.3%Average
Gross margin
24.9%Weak
Net margin
7.5%Weak
ROE
8.9%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How LHX stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.

In the Industrials sector (80 S&P 500 companies), LHX ranks #69 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (31.1x P/E vs. 30x median) with a lower return on equity (8.9% vs. 24.7%) and slower revenue growth (-20.8% vs. 5.0%).

P/E vs sector

31.1x

median 30x

ROE vs sector

8.9%

median 24.7%

Growth vs sector

-20.8%

median 5.0%

Sector rank

#69

of 80 by rating

CompanyP/ERev Gr.Rating
LHXThis stock31.1x-20.8%Weak· 38
NOC16.2x5.0%Favorable· 65
TDG35.7x13.3%Neutral· 54
AXON168.7x34.0%Weak· 36
GD21.8x-16.9%Neutral· 48
HWM62.1x14.2%Favorable· 59
LMT24.6x4.6%Neutral· 45
BA77.1x32.8%Weak· 38
Industrials median30x5.0%52/100

Valuation vs. quality map

sector medianNOCTDGAXONGDHWMLMTBALHXP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$176.49$287.96

vs. $285.83 today · expected CAGR -9%0%

Metric20262027202820292030
Revenue$21.96B$22.62B$23.30B$24.00B$24.72B
Net income$1.54B$1.58B$1.63B$1.68B$1.73B
EPS$8.25$8.50$8.76$9.02$9.29
Share price (low)$156.81$161.52$166.36$171.35$176.49
Share price (high)$255.85$263.53$271.43$279.57$287.96
CAGR (low–high)-45% / -10%-25% / -4%-17% / -2%-12% / -1%-9% / 0%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for LHX:

  • Healthy free-cash-flow yield (~4.3%) funds buybacks and dividends.
  • As an established S&P 500 member in Industrials, it brings scale and a long operating history.
Bear Case

The case against LHX:

  • Revenue growth is slow/negative (-20.8%), limiting the upside engine.
  • Our model's overall read is Weak (38/100).
Key Risks
Research

Valuation risk — at 31.1x earnings, disappointing results could compress the multiple.

Growth risk — sluggish revenue (-20.8%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen weakly: L3Harris is a large-cap industrials business with shrinking revenue, with modest profitability, and a sound balance sheet. It trades at 31.1x earnings, which our model scores Weak (38/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.