L3Harris Technologies Financial Ratios
NYSE: LHXIndustrialsAerospace & DefenseUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
L3Harris Technologies ratio analysis
Return on equity reached 8.2%, meaning L3Harris Technologies generated 0.08 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.57 versus 0.63 the year before, and the current ratio was 1.19. At the end of FY 2025, LHX traded at 35.7 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 23.5 to 37.9, with a median of 26.7.
Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
L3Harris Technologies financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 35.70 | 26.65 | 32.70 | 37.93 | 23.46 | 36.42 | 26.68 | 24.06 | 25.09 | 25.02 |
| Price / sales | — | 1.87 | 2.06 | 2.34 | 2.41 | 2.22 | 2.72 | 3.28 | 2.77 | 2.27 |
| Price / book | 2.91 | 2.04 | 2.13 | 2.16 | 2.23 | 1.95 | 1.55 | 6.64 | 5.23 | 4.61 |
| Gross margin | — | 25.9% | 26.3% | 28.9% | 30.2% | 21.4% | 29.3% | 34.3% | 34.2% | 34.7% |
| Operating margin | — | 9.0% | 7.3% | 6.6% | 11.8% | 11.9% | — | 21.3% | 18.1% | 18.2% |
| Net margin | — | 7.0% | 6.3% | 6.2% | 10.4% | 6.2% | 10.4% | 14.0% | 11.3% | 9.2% |
| Free cash flow margin | — | 10.1% | 8.5% | 11.2% | 13.2% | 13.3% | — | 15.1% | 9.9% | 7.6% |
| Return on equity (ROE) | 8.2% | 7.7% | 6.5% | 5.7% | 9.6% | 5.4% | 5.9% | 28.2% | 21.3% | 18.7% |
| Return on assets (ROA) | 3.9% | 3.6% | 2.9% | 3.2% | 5.3% | 3.0% | 3.5% | 9.4% | 7.1% | 5.4% |
| Debt / equity | 0.57 | 0.63 | 0.70 | 0.38 | 0.37 | 0.34 | 0.31 | 1.05 | 1.16 | 1.39 |
| Current ratio | 1.19 | 1.08 | 1.01 | 1.17 | 1.40 | 1.57 | 1.57 | 1.14 | 1.20 | 1.05 |
| Revenue growth | — | 9.8% | 13.8% | -4.2% | -2.1% | 41.5% | 89.0% | 10.0% | 4.8% | -1.5% |
| EPS growth | 8.4% | 22.2% | 17.3% | -39.6% | 75.1% | -34.2% | 0.4% | 36.5% | 32.1% | 68.3% |