(LHX) L3Harris Technologies - Ratings and Ratios
Satellites, Radios, Sensors, Propulsion, Night-Vision
LHX EPS (Earnings per Share)
LHX Revenue
Description: LHX L3Harris Technologies
L3Harris Technologies (NYSE:LHX) delivers mission-critical solutions across four operating segments: Space & Airborne Systems (SAS) – satellite payloads, sensors, classified intelligence and cyber, airborne combat systems, and air-traffic-management networks; Integrated Mission Systems (IMS) – ISR, passive sensing, electronic attack, autonomy, power, communications and networking; Communication Systems (CS) – tactical radios, software waveforms, satellite terminals, battlefield networking, night-vision and weapon-sight optics, and public-safety communications; and Aerojet Rocketdyne (AR) – propulsion and armament for strategic defense, missile defense, hypersonic, tactical and space missions. The company, originally Harris Corporation and renamed in June 2019, traces its roots to 1895 and is headquartered in Melbourne, Florida.
In fiscal 2023 L3Harris reported revenue of approximately $19.2 billion, a 6 % year-over-year increase, driven largely by higher defense contract awards and growth in the commercial space segment. The firm posted adjusted earnings per share of $4.30 and generated free cash flow of $2.1 billion, supporting a backlog that now exceeds $30 billion-an indicator of future revenue visibility. The balance sheet remains strong, with a debt-to-equity ratio of roughly 0.6, providing flexibility for continued R&D investment and potential acquisitions.
Key macro drivers for L3Harris include the U.S. Department of Defense’s FY 2025 budget request, which targets a 3-4 % rise in defense spending, and heightened geopolitical tensions that boost demand for ISR, electronic warfare and hypersonic capabilities. Additionally, the accelerating commercialization of low-Earth-orbit satellite constellations fuels growth in the SAS segment’s payload and communications offerings, while supply-chain constraints in semiconductor components remain a material risk to production timelines.
For a deeper, data-rich assessment of L3Harris’s valuation metrics and scenario analysis, you may find the analytical tools on ValueRay worth exploring.
LHX Stock Overview
| Market Cap in USD | 53,111m |
| Sub-Industry | Aerospace & Defense |
| IPO / Inception | 1981-12-31 |
LHX Stock Ratings
| Growth Rating | 48.7% |
| Fundamental | 58.9% |
| Dividend Rating | 63.9% |
| Return 12m vs S&P 500 | 2.56% |
| Analyst Rating | 4.32 of 5 |
LHX Dividends
| Dividend Yield 12m | 2.05% |
| Yield on Cost 5y | 3.89% |
| Annual Growth 5y | 8.08% |
| Payout Consistency | 96.7% |
| Payout Ratio | 40.0% |
LHX Growth Ratios
| Growth Correlation 3m | 83.8% |
| Growth Correlation 12m | 66.7% |
| Growth Correlation 5y | 49.3% |
| CAGR 5y | 7.78% |
| CAGR/Max DD 3y (Calmar Ratio) | 0.22 |
| CAGR/Mean DD 3y (Pain Ratio) | 0.55 |
| Sharpe Ratio 12m | 0.64 |
| Alpha | 5.69 |
| Beta | 0.762 |
| Volatility | 29.26% |
| Current Volume | 723.7k |
| Average Volume 20d | 1097.2k |
| Stop Loss | 281.8 (-3%) |
| Signal | 0.14 |
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income (1.70b TTM) > 0 and > 6% of Revenue (6% = 1.28b TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA 1.68pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 1.34% (prev -4.50%; Δ 5.84pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.06 (>3.0%) and CFO 2.51b > Net Income 1.70b (YES >=105%, WARN >=100%) |
| Net Debt (11.62b) to EBITDA (3.78b) ratio: 3.07 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.04 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (187.8m) change vs 12m ago -1.47% (target <= -2.0% for YES) |
| Gross Margin 22.27% (prev 22.32%; Δ -0.05pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 51.57% (prev 49.85%; Δ 1.72pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 4.02 (EBITDA TTM 3.78b / Interest Expense TTM 629.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.97
| (A) 0.01 = (Total Current Assets 7.61b - Total Current Liabilities 7.32b) / Total Assets 41.24b |
| (B) 0.10 = Retained Earnings (Balance) 3.97b / Total Assets 41.24b |
| (C) 0.06 = EBIT TTM 2.53b / Avg Total Assets 41.45b |
| (D) 0.19 = Book Value of Equity 4.19b / Total Liabilities 21.96b |
| Total Rating: 0.97 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 58.93
| 1. Piotroski 5.0pt = 0.0 |
| 2. FCF Yield 3.34% = 1.67 |
| 3. FCF Margin 10.12% = 2.53 |
| 4. Debt/Equity 0.63 = 2.31 |
| 5. Debt/Ebitda 3.07 = -1.86 |
| 6. ROIC - WACC (= -0.39)% = -0.49 |
| 7. RoE 8.82% = 0.74 |
| 8. Rev. Trend 88.14% = 6.61 |
| 9. EPS Trend -51.52% = -2.58 |
What is the price of LHX shares?
Over the past week, the price has changed by -0.97%, over one month by +2.19%, over three months by +10.93% and over the past year by +19.40%.
Is L3Harris Technologies a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of LHX is around 283.90 USD . This means that LHX is currently overvalued and has a potential downside of -2.29%.
Is LHX a buy, sell or hold?
- Strong Buy: 14
- Buy: 5
- Hold: 6
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the LHX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 323.3 | 11.3% |
| Analysts Target Price | 323.3 | 11.3% |
| ValueRay Target Price | 313.4 | 7.9% |
Last update: 2025-10-20 03:56
LHX Fundamental Data Overview
P/E Trailing = 31.7528
P/E Forward = 23.9808
P/S = 2.4849
P/B = 2.8737
P/EG = 0.534
Beta = 0.762
Revenue TTM = 21.37b USD
EBIT TTM = 2.53b USD
EBITDA TTM = 3.78b USD
Long Term Debt = 10.98b USD (from longTermDebt, last quarter)
Short Term Debt = 1.13b USD (from shortTermDebt, last quarter)
Debt = 12.10b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.62b USD (from netDebt column, last quarter)
Enterprise Value = 64.73b USD (53.11b + Debt 12.10b - CCE 482.0m)
Interest Coverage Ratio = 4.02 (Ebit TTM 2.53b / Interest Expense TTM 629.0m)
FCF Yield = 3.34% (FCF TTM 2.16b / Enterprise Value 64.73b)
FCF Margin = 10.12% (FCF TTM 2.16b / Revenue TTM 21.37b)
Net Margin = 7.94% (Net Income TTM 1.70b / Revenue TTM 21.37b)
Gross Margin = 22.27% ((Revenue TTM 21.37b - Cost of Revenue TTM 16.61b) / Revenue TTM)
Gross Margin QoQ = 21.34% (prev 22.86%)
Tobins Q-Ratio = 1.57 (Enterprise Value 64.73b / Total Assets 41.24b)
Interest Expense / Debt = 1.26% (Interest Expense 152.0m / Debt 12.10b)
Taxrate = 12.60% (66.0m / 524.0m)
NOPAT = 2.21b (EBIT 2.53b * (1 - 12.60%))
Current Ratio = 1.04 (Total Current Assets 7.61b / Total Current Liabilities 7.32b)
Debt / Equity = 0.63 (Debt 12.10b / totalStockholderEquity, last quarter 19.28b)
Debt / EBITDA = 3.07 (Net Debt 11.62b / EBITDA 3.78b)
Debt / FCF = 5.37 (Net Debt 11.62b / FCF TTM 2.16b)
Total Stockholder Equity = 19.23b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.11% (Net Income 1.70b / Total Assets 41.24b)
RoE = 8.82% (Net Income TTM 1.70b / Total Stockholder Equity 19.23b)
RoCE = 8.37% (EBIT 2.53b / Capital Employed (Equity 19.23b + L.T.Debt 10.98b))
RoIC = 6.99% (NOPAT 2.21b / Invested Capital 31.61b)
WACC = 7.39% (E(53.11b)/V(65.21b) * Re(8.82%) + D(12.10b)/V(65.21b) * Rd(1.26%) * (1-Tc(0.13)))
Discount Rate = 8.82% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.74%
[DCF Debug] Terminal Value 75.22% ; FCFE base≈1.89b ; Y1≈1.86b ; Y5≈1.91b
Fair Price DCF = 157.1 (DCF Value 29.39b / Shares Outstanding 187.1m; 5y FCF grow -2.63% → 3.0% )
EPS Correlation: -51.52 | EPS CAGR: -58.81% | SUE: -4.0 | # QB: 0
Revenue Correlation: 88.14 | Revenue CAGR: 9.33% | SUE: 0.91 | # QB: 1
Additional Sources for LHX Stock
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