NYSE
LHX
Last Price
US $288.46
KEY FIGURES
MKT CAP
$53.7B
EPS
TTM
$10.03
EPS Growth (1Y)
8.39%
PEG
TTM
2.74x
P/E
TTM
28.76x
P/S
TTM
2.35x
YIELD
1.70%
GROWTH (5Y CAGR)
Profit margin
Current Ratio
Capital Returns
9.41%
Return on equity
ROIC: 5.30%
Valuation History
29.0X
Price to Earnings
EV/EBITDA: 17.0X
Cash flow
Profit margin
Revenue
3.74%
EBITDA
7.55%
Cash flow
2.06%
Cash Flow (DCF)
Fair Value
Market $288.46
-53.77%
Default assumptions
EBITDA Multiple
Fair Value
Market $288.46
-68.64%
Default assumptions
Base valuations use default assumptions. Customize in the Valuator.
Valuation
Financial
Performance
Cash flow to debt coverage
L3Harris Technologies, Inc. cash flow to debt ratio of 27.61% indicates that the company generates enough cash to cover its debts. This level indicates strong financial health.
Free cash flow growth
L3Harris Technologies, Inc.'s free cash flow has increased 24.69% from $2.15B last year to $2.68B, signaling increasing performance
Debt-to-equity ratio
L3Harris Technologies, Inc.'s debt to equity ratio is 0.09, which means that the company's assets are healthy financed, signaling financial stability.
Debt-to-equity trend
L3Harris Technologies, Inc.'s debt has decreased relative to shareholder equity from 0.67 last year to 0.09 today, signaling strengthened financials
Net debt to EBITDA
L3Harris Technologies, Inc. has a net debt to EBITDA ratio of 2.71x, which is below the 3.00x threshold, indicating healthy leverage and financial stability
Interest coverage
L3Harris Technologies, Inc.'s interest coverage ratio of 4.11 indicates that earnings with good margin can cover interest payments on company debt
Profit margin growth
L3Harris Technologies, Inc.'s profit margin has increased (16.02%) in the last year from 7.04% to 8.17%, signaling increasing performance
Current ratio
L3Harris Technologies, Inc.'s short-term assets of $8.59B exceed its short-term liabilities of $7.23B
Return on assets
L3Harris Technologies, Inc.'s return on assets of 4.36% is lower than the 5.00% threshold, indicating inefficient asset utilization
Return on equity
L3Harris Technologies, Inc.'s return on equity of 9.52%, is lower than 15.00%, indicating bad performance
Earnings quality
L3Harris Technologies, Inc.'s operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation
Earnings stability
L3Harris Technologies, Inc. had positive net income in 5 out of 5 years, indicating stable and consistent earnings
Positive free cash flow
L3Harris Technologies, Inc. has positive free cash flow, indicating the company generates cash after capital expenditures
Free cash flow yield
L3Harris Technologies, Inc. has a free cash flow yield of 4.97%, which is above the 2.00% threshold, indicating strong cash generation relative to market value
Earnings growth
L3Harris Technologies, Inc.'s yearly earnings has increased 6.92% since last year from $1.50B to $1.61B, signaling increasing performance
Revenue growth
L3Harris Technologies, Inc.'s yearly revenue has increased 2.53% since last year from $21.32B to $21.86B, signaling increasing performance
Return on invested capital
ROIC 5.30% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.
3-year revenue CAGR
L3Harris Technologies, Inc.'s 3-year revenue CAGR of 8.62% is positive, indicating growing revenue over the past 3 years
Revenue consistency
L3Harris Technologies, Inc. had revenue growth in 3 out of 5 years, indicating consistent revenue performance
Return on equity consistency
L3Harris Technologies, Inc. has insufficient net-income and equity history to evaluate ROE consistency.
Cash Flow Valuation (DCF)
L3Harris Technologies, Inc. is overvalued relative to its fair value price of 133.36 based on Discounted Cash Flow model
Earnings yield (TTM)
L3Harris Technologies, Inc. has an earnings yield of 3.46%, which is below the 4.00% threshold, indicating the stock may be expensive relative to its earnings
EBITDA Valuation
L3Harris Technologies, Inc. is overvalued relative to its fair value price of 90.47 based on EBITDA multiple model
EV/EBITDA (FY)
L3Harris Technologies, Inc. has an EV/EBITDA ratio of 17.09x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings
PEG ratio (TTM/FY)
L3Harris Technologies, Inc. has a PEG-ratio over 1 which is considered overvalued
Price-to-book ratio (FY)
L3Harris Technologies, Inc. has a price-to-book ratio of 2.72x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value
Price-to-sales ratio (TTM)
L3Harris Technologies, Inc. has a price-to-sales ratio of 2.36x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue