l3harris technologies inc. - LHX

LHX

Close Chg Chg %
246.64 1.49 0.60%

Closed Market

248.13

+1.49 (0.60%)

Volume: 655.76K

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: l3harris technologies inc. - LHX

LHX Key Data

Open

$247.43

Day Range

246.45 - 248.56

52 Week Range

187.37 - 265.74

Market Cap

$46.77B

Shares Outstanding

189.67M

Public Float

189.08M

Beta

0.73

Rev. Per Employee

N/A

P/E Ratio

38.94

EPS

$6.36

Yield

187.35%

Dividend

$1.16

EX-DIVIDEND DATE

Nov 18, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

894.76K

 

LHX Performance

1 Week
 
0.47%
 
1 Month
 
-1.84%
 
3 Months
 
7.58%
 
1 Year
 
29.92%
 
5 Years
 
24.93%
 

LHX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 27
Full Ratings ➔

About l3harris technologies inc. - LHX

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Space and Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land and sea domains. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. The Aerojet Rocketdyne segment includes propulsion, power and armament products and systems to U.S. government, including the DoD, National Aeronautics and Space Administration (“NASA”) and major aerospace and defense prime contractors. The company was founded in 1890 and is headquartered in Melbourne, FL.

LHX At a Glance

L3Harris Technologies, Inc.
1025 West NASA Boulevard
Melbourne, Florida 32919
Phone 1-321-727-9100 Revenue 19.42B
Industry Aerospace & Defense Net Income 1.23B
Sector Electronic Technology 2023 Sales Growth 13.814%
Fiscal Year-end 12 / 2024 Employees 50,000
View SEC Filings

LHX Valuation

P/E Current 38.944
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 32.717
Price to Sales Ratio 2.067
Price to Book Ratio 2.13
Price to Cash Flow Ratio 19.153
Enterprise Value to EBITDA 16.786
Enterprise Value to Sales 2.76
Total Debt to Enterprise Value 0.26

LHX Efficiency

Revenue/Employee 388,380.00
Income Per Employee 24,540.00
Receivables Turnover 4.387
Total Asset Turnover 0.516

LHX Liquidity

Current Ratio 0.989
Quick Ratio 0.805
Cash Ratio 0.07

LHX Profitability

Gross Margin 22.792
Operating Margin 10.428
Pretax Margin 6.288
Net Margin 6.319
Return on Assets 3.263
Return on Equity 6.581
Return on Total Capital 3.751
Return on Invested Capital 4.373

LHX Capital Structure

Total Debt to Total Equity 74.341
Total Debt to Total Capital 42.641
Total Debt to Total Assets 33.464
Long-Term Debt to Equity 63.229
Long-Term Debt to Total Capital 36.268
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for L3harris Technologies Inc. - LHX

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
18.19B 17.81B 17.06B 19.42B
Sales Growth
-1.79% -2.09% -4.22% +13.81%
Cost of Goods Sold (COGS) incl D&A
12.86B 12.44B 12.13B 14.99B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.05B 970.00M 947.00M 1.17B
Depreciation
318.00M 343.00M 342.00M 389.00M
Amortization of Intangibles
729.00M 627.00M 605.00M 779.00M
COGS Growth
-4.44% -3.24% -2.44% +23.55%
Gross Income
5.34B 5.38B 4.93B 4.43B
Gross Income Growth
+5.22% +0.69% -8.35% -10.17%
Gross Profit Margin
+29.34% +30.18% +28.88% +22.79%
2020 2021 2022 2023 5-year trend
SG&A Expense
3.17B 3.15B 2.78B 2.40B
Research & Development
684.00M 692.00M 603.00M 480.00M
Other SG&A
2.48B 2.46B 2.18B 1.92B
SGA Growth
+12.58% -0.51% -11.68% -13.76%
Other Operating Expense
- - - -
-
Unusual Expense
965.00M 370.00M 1.02B 548.00M
EBIT after Unusual Expense
1.21B 1.85B 1.12B 1.48B
Non Operating Income/Expense
386.00M 694.00M 433.00M 287.00M
Non-Operating Interest Income
- - - 16.00M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
270.00M 265.00M 279.00M 543.00M
Interest Expense Growth
- -1.85% +5.28% +94.62%
Gross Interest Expense
270.00M 265.00M 279.00M 543.00M
Interest Capitalized
- - - -
-
Pretax Income
1.32B 2.28B 1.27B 1.22B
Pretax Income Growth
-27.20% +72.69% -44.24% -4.08%
Pretax Margin
+7.27% +12.82% +7.46% +6.29%
Income Tax
234.00M 440.00M 212.00M 23.00M
Income Tax - Current - Domestic
382.00M 480.00M 731.00M 394.00M
Income Tax - Current - Foreign
76.00M 70.00M 82.00M 50.00M
Income Tax - Deferred - Domestic
(151.00M) (76.00M) (540.00M) (431.00M)
Income Tax - Deferred - Foreign
(73.00M) (34.00M) (61.00M) 10.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
1.09B 1.84B 1.06B 1.20B
Minority Interest Expense
(33.00M) (4.00M) (1.00M) (29.00M)
Net Income
1.12B 1.85B 1.06B 1.23B
Net Income Growth
-31.90% +64.76% -42.50% +15.54%
Net Margin Growth
+6.16% +10.37% +6.22% +6.32%
Extraordinaries & Discontinued Operations
- - (2.00M) (1.00M)
-
Discontinued Operations
- - (2.00M) (1.00M)
-
Net Income After Extraordinaries
1.12B 1.85B 1.06B 1.23B
Preferred Dividends
- - - -
-
Net Income Available to Common
1.12B 1.85B 1.06B 1.23B
EPS (Basic)
5.229 9.1704 5.537 6.4715
EPS (Basic) Growth
+40.71% +75.38% -39.62% +16.88%
Basic Shares Outstanding
214.00M 201.30M 191.80M 189.60M
EPS (Diluted)
5.183 9.0846 5.4884 6.4376
EPS (Diluted) Growth
+41.05% +75.28% -39.59% +17.29%
Diluted Shares Outstanding
215.90M 203.20M 193.50M 190.60M
EBITDA
3.22B 3.19B 3.09B 3.19B
EBITDA Growth
+2.03% -0.75% -3.26% +3.33%
EBITDA Margin
+17.69% +17.93% +18.11% +16.44%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 280.455
Number of Ratings 27 Current Quarters Estimate 3.452
FY Report Date 12 / 2024 Current Year's Estimate 13.08
Last Quarter’s Earnings 3.34 Median PE on CY Estimate N/A
Year Ago Earnings 12.36 Next Fiscal Year Estimate 14.297
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 22 14 23 22
Mean Estimate 3.45 3.32 13.08 14.30
High Estimates 3.56 3.54 13.15 14.90
Low Estimate 3.33 3.13 12.94 13.77
Coefficient of Variance 1.53 3.23 0.42 2.09

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 13 13 11
OVERWEIGHT 4 3 3
HOLD 9 10 12
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for L3harris Technologies Inc. - LHX

Date Name Shares Transaction Value
Oct 4, 2024 Kenneth L. Bedingfield SVP, Chief Financial Officer 23 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 4, 2024 Peter W. Chiarelli Director 5,857 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $245.29 per share 1,436,663.53
Oct 4, 2024 Joanna L. Geraghty Director 2,986 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $245.29 per share 732,435.94
Oct 4, 2024 Ross Niebergall President, Aerojet Rocketdyne 13,328 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $244.68 per share 3,261,095.04
Oct 4, 2024 Christina L. Zamarro Director 3,594 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $245.29 per share 881,572.26
Oct 4, 2024 Robert B. Millard Director 9,127 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $245.29 per share 2,238,761.83
Jul 16, 2024 Scott Theodore Mikuen Sr VP-General Counsel & Secy N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jul 16, 2024 Scott Theodore Mikuen Sr VP-General Counsel & Secy 47,616 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $230 per share 10,951,680.00
Jul 16, 2024 Scott Theodore Mikuen Sr VP-General Counsel & Secy 63,503 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $119.66 per share 7,598,768.98
Jul 16, 2024 Scott Theodore Mikuen Sr VP-General Counsel & Secy 47,616 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $235 per share 11,189,760.00
Jun 19, 2024 Sean J. Stackley Sr. VP Strategy, Growth & Tech 17,540 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $218 per share 3,823,720.00
Jun 19, 2024 Sean J. Stackley Sr. VP Strategy, Growth & Tech 14,186 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $216.73 per share 3,074,531.78
Jun 5, 2024 Christopher Eugene Kubasik Chair and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 5, 2024 Christopher Eugene Kubasik Chair and CEO; Director 26,190 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Jun 5, 2024 Christopher Eugene Kubasik Chair and CEO; Director 120,326 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $225.7 per share 27,157,578.20
Jun 5, 2024 Christopher Eugene Kubasik Chair and CEO; Director 146,516 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $89.39 per share 13,097,065.24
Jun 5, 2024 Christopher Eugene Kubasik Chair and CEO; Director 120,326 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $222.45 per share 26,766,518.70
Jun 5, 2024 Christopher Eugene Kubasik Chair and CEO; Director 145,326 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $89.39 per share 12,990,691.14
Mar 1, 2024 Edward J. Zoiss Pres., Space & Airborne Sys. 28,644 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $211.47 per share 6,057,346.68
Mar 1, 2024 Edward J. Zoiss Pres., Space & Airborne Sys. 27,185 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $211.57 per share 5,751,530.45

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