L3Harris Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . L3Harris Technologies
LHX Stock  USD 207.68  0.46  0.22%   
L3Harris Technologies financial statements provide useful quarterly and yearly information to potential L3Harris Technologies investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on L3Harris Technologies financial statements helps investors assess L3Harris Technologies' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting L3Harris Technologies' valuation are summarized below:
Gross Profit
4.9 B
Profit Margin
0.0632
Market Capitalization
39.6 B
Enterprise Value Revenue
2.6305
Revenue
19.4 B
We have found one hundred twenty available fundamental ratios for L3Harris Technologies, which can be analyzed and compared to other ratios and to its peers in the industry. All investors should make sure to check all of L3Harris Technologies last-minute market performance against the performance between 2010 and 2024 to make sure the company can sustain itself in the coming quarters. Market Cap is likely to rise to about 2.1 B in 2024, whereas Enterprise Value is likely to drop slightly above 2.2 B in 2024.

L3Harris Technologies Total Revenue

20.6 Billion

Check L3Harris Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among L3Harris main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 336.9 M or Total Revenue of 20.6 B, as well as many exotic indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0238 or PTB Ratio of 1.84. L3Harris financial statements analysis is a perfect complement when working with L3Harris Technologies Valuation or Volatility modules.
  
This module can also supplement L3Harris Technologies' financial leverage analysis and stock options assessment as well as various L3Harris Technologies Technical models . Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

L3Harris Technologies Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets40.5 B38.6 B19.7 B
Slightly volatile
Short and Long Term Debt Total9.4 B9 B5.1 B
Slightly volatile
Other Current Liabilities1.9 B1.9 B1.1 B
Slightly volatile
Total Current Liabilities7 B6.6 B3.1 B
Slightly volatile
Total Stockholder Equity22.4 B21.3 B9.8 B
Slightly volatile
Property Plant And Equipment Net3.5 B3.3 B1.7 B
Slightly volatile
Net Debt8.3 B7.9 B4.4 B
Slightly volatile
Retained Earnings3.6 B3.4 B2 B
Slightly volatile
Cash1.1 B1 B640.8 M
Slightly volatile
Non Current Assets Total32.3 B30.8 B15.5 B
Slightly volatile
Non Currrent Assets Other403.5 M634.8 M399.5 M
Slightly volatile
Cash And Short Term Investments1.1 B1 B640.8 M
Slightly volatile
Net Receivables5.2 B4.9 B2.3 B
Slightly volatile
Common Stock Shares Outstanding118.3 M174.2 M148.1 M
Slightly volatile
Liabilities And Stockholders Equity40.5 B38.6 B19.7 B
Slightly volatile
Non Current Liabilities Total11 B10.5 B6.7 B
Slightly volatile
Inventory1.6 B1.5 B879.2 M
Slightly volatile
Other Stockholder Equity18.9 B18 B8 B
Slightly volatile
Total Liabilities18 B17.1 B9.8 B
Slightly volatile
Total Current Assets8.2 B7.8 B4.2 B
Slightly volatile
Short Term Debt990.1 M943 M394 M
Slightly volatile
Intangible Assets7.2 B6.9 B3.3 B
Slightly volatile
Accounts Payable2.3 B2.2 B996 M
Slightly volatile
Property Plant And Equipment Gross6.1 B5.9 B2.2 B
Slightly volatile
Common Stock Total Equity123.3 M239.2 M145 M
Slightly volatile
Common Stock132.5 M219.7 M142.3 M
Slightly volatile
Good Will20.9 B19.9 B9.9 B
Slightly volatile
Current Deferred Revenue1.7 B1.6 B743.9 M
Slightly volatile
Retained Earnings Total Equity1.7 B2.7 B1.8 B
Slightly volatile
Long Term Debt Total8.5 B8.1 B4.6 B
Slightly volatile
Capital Surpluse19.6 B18.7 B8.1 B
Slightly volatile
Non Current Liabilities Other1.2 B1.4 B1.3 B
Slightly volatile
Property Plant Equipment3.5 B3.3 B1.7 B
Slightly volatile
Other Liabilities3.1 B3.5 B2.8 B
Slightly volatile
Other Assets642.2 M585.9 M728.3 M
Very volatile
Long Term Debt5.6 B7.2 B5.2 B
Slightly volatile
Short and Long Term Debt990.1 M943 M390.3 M
Slightly volatile
Net Invested Capital18.4 B29.4 B14.5 B
Slightly volatile
Cash And Equivalents796.2 M1.1 B671.1 M
Slightly volatile
Net Working Capital1.4 B1.1 B799.4 M
Slightly volatile
Capital Stock195.8 M219.7 M152.5 M
Slightly volatile

L3Harris Technologies Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.1 B1.1 B553 M
Slightly volatile
Total Revenue20.6 B19.6 B11.3 B
Slightly volatile
Gross Profit5.9 B5.7 B3.5 B
Slightly volatile
Other Operating Expenses18.3 B17.4 B9.2 B
Slightly volatile
Operating Income2.9 B2.7 B1.8 B
Slightly volatile
EBIT2.9 B2.7 B1.6 B
Slightly volatile
EBITDA4 B3.8 B2.1 B
Slightly volatile
Cost Of Revenue14.7 B14 B7.9 B
Slightly volatile
Total Operating Expenses3.6 B3.4 B4.3 B
Slightly volatile
Income Before Tax1.5 B1.5 B1.3 B
Slightly volatile
Net Income1.3 B1.2 B1.1 B
Slightly volatile
Income Tax Expense145.3 M243.8 M177.9 M
Slightly volatile
Selling General Administrative1.5 B1.4 B1.6 B
Slightly volatile
Selling And Marketing Expenses1.1 B555.5 M1.1 B
Pretty Stable
Net Income From Continuing Ops879.2 M1.2 B1.1 B
Slightly volatile
Net Income Applicable To Common Shares2.2 B2.1 B1.3 B
Slightly volatile
Tax Provision256.3 M243.8 M248.6 M
Pretty Stable
Interest Income320 M304.8 M159 M
Pretty Stable
Reconciled Depreciation681.4 M1.1 B530.8 M
Slightly volatile

L3Harris Technologies Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.1 B1.1 B546.3 M
Slightly volatile
Depreciation1.1 B1.1 B536.1 M
Slightly volatile
Dividends Paid1 B993.6 M525.1 M
Slightly volatile
Capital Expenditures186.2 M289.8 M209.3 M
Slightly volatile
Total Cash From Operating Activities2.6 B2.5 B1.5 B
Slightly volatile
Net Income1.3 B1.2 B1 B
Slightly volatile
End Period Cash Flow1.1 B1 B588.6 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.532.40962.2667
Slightly volatile
Dividend Yield0.02380.0190.018
Pretty Stable
PTB Ratio1.842.23421.9929
Slightly volatile
Days Sales Outstanding97.2785.318383.0128
Slightly volatile
Book Value Per Share10095.444697.3735
Pretty Stable
Free Cash Flow Yield0.03870.05460.0537
Slightly volatile
Invested Capital0.50.40750.402
Slightly volatile
Operating Cash Flow Per Share14.0213.348212.426
Pretty Stable
Stock Based Compensation To Revenue0.01090.01950.0174
Very volatile
PB Ratio1.842.23421.9929
Slightly volatile
EV To Sales2.942.79632.6518
Slightly volatile
Free Cash Flow Per Share12.2311.649310.7237
Pretty Stable
ROIC0.06480.07660.0696
Very volatile
Inventory Turnover13.312.66612.7881
Slightly volatile
Net Income Per Share9.639.17046.2776
Slightly volatile
Days Of Inventory On Hand27.3828.817328.7501
Slightly volatile
Payables Turnover10.647.0398.9219
Pretty Stable
Sales General And Administrative To Revenue0.120.18410.0932
Slightly volatile
Research And Ddevelopement To Revenue0.03780.03880.0368
Pretty Stable
Cash Per Share4.914.67465.3709
Slightly volatile
POCF Ratio9.8615.975116.8305
Pretty Stable
Interest Coverage9.669.67929.095
Pretty Stable
Payout Ratio0.830.44260.6071
Pretty Stable
PFCF Ratio19.2218.30520.2818
Pretty Stable
Days Payables Outstanding32.3651.853641.4846
Slightly volatile
Income Quality2.741.45872.2418
Slightly volatile
ROE0.0880.09610.0639
Slightly volatile
EV To Operating Cash Flow12.3818.538619.7979
Pretty Stable
PE Ratio26.4723.253132.9087
Slightly volatile
Return On Tangible Assets0.20.18680.1289
Slightly volatile
EV To Free Cash Flow22.321.242323.7982
Pretty Stable
Earnings Yield0.05470.0430.0324
Slightly volatile
Intangibles To Total Assets0.750.71530.7236
Very volatile
Net Debt To EBITDA1.661.95022.02
Slightly volatile
Current Ratio1.931.39731.5341
Pretty Stable
Receivables Turnover3.694.27814.4033
Slightly volatile
Graham Number147140116
Slightly volatile
Shareholders Equity Per Share10095.444697.3735
Pretty Stable
Debt To Equity0.50.40750.402
Slightly volatile
Revenue Per Share92.9288.494887.0846
Slightly volatile
Interest Debt Per Share42.2240.208639.8115
Slightly volatile
Debt To Assets0.210.22560.2158
Slightly volatile
Enterprise Value Over EBITDA9.7114.103413.7278
Pretty Stable
Short Term Coverage Ratios21720748.7885
Slightly volatile
Price Earnings Ratio26.4723.253132.9087
Slightly volatile
Operating Cycle173114115
Slightly volatile
Price Book Value Ratio1.842.23421.9929
Slightly volatile
Days Of Payables Outstanding32.3651.853641.4846
Slightly volatile
Dividend Payout Ratio0.830.44260.6071
Pretty Stable
Price To Operating Cash Flows Ratio9.8615.975116.8305
Pretty Stable
Price To Free Cash Flows Ratio19.2218.30520.2818
Pretty Stable
Pretax Profit Margin0.07220.12820.0811
Slightly volatile
Ebt Per Ebit1.210.89010.6613
Slightly volatile
Operating Profit Margin0.07990.1440.1273
Slightly volatile
Effective Tax Rate0.210.19270.1643
Pretty Stable
Company Equity Multiplier1.831.80651.8131
Slightly volatile
Long Term Debt To Capitalization0.260.28920.2759
Slightly volatile
Total Debt To Capitalization0.290.28950.2815
Slightly volatile
Return On Capital Employed0.0880.08510.0744
Slightly volatile
Debt Equity Ratio0.50.40750.402
Slightly volatile
Ebit Per Revenue0.07990.1440.1273
Slightly volatile
Quick Ratio1.251.12171.1941
Slightly volatile
Dividend Paid And Capex Coverage Ratio5.945.65687.0755
Slightly volatile
Net Income Per E B T0.790.80860.8521
Very volatile
Cash Ratio0.220.20680.2612
Slightly volatile
Cash Conversion Cycle59.1762.28268.0704
Slightly volatile
Operating Cash Flow Sales Ratio0.0880.15080.1388
Slightly volatile
Days Of Inventory Outstanding27.3828.817328.7501
Slightly volatile
Days Of Sales Outstanding97.2785.318383.0128
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.920.87270.8632
Very volatile
Cash Flow Coverage Ratios0.40.34320.334
Slightly volatile
Price To Book Ratio1.842.23421.9929
Slightly volatile
Fixed Asset Turnover5.136.2076.176
Slightly volatile
Price Cash Flow Ratio9.8615.975116.8305
Pretty Stable
Enterprise Value Multiple9.7114.103413.7278
Pretty Stable
Debt Ratio0.210.22560.2158
Slightly volatile
Cash Flow To Debt Ratio0.40.34320.334
Slightly volatile
Price Sales Ratio2.532.40962.2667
Slightly volatile
Return On Assets0.03820.05320.0346
Slightly volatile
Asset Turnover0.990.51320.5259
Slightly volatile
Net Profit Margin0.110.10360.0723
Slightly volatile
Gross Profit Margin0.360.30180.2945
Slightly volatile
Price Fair Value1.842.23421.9929
Slightly volatile
Return On Equity0.0880.09610.0639
Slightly volatile

L3Harris Technologies Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.1 B1.8 B3.8 B
Slightly volatile
Enterprise Value2.2 B2.4 B2.7 B
Slightly volatile

L3Harris Fundamental Market Drivers

Forward Price Earnings15.949
Cash And Short Term Investments880 M

L3Harris Upcoming Events

25th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About L3Harris Technologies Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include L3Harris Technologies income statement, its balance sheet, and the statement of cash flows. L3Harris Technologies investors use historical funamental indicators, such as L3Harris Technologies's revenue or net income, to determine how well the company is positioned to perform in the future. Although L3Harris Technologies investors may use each financial statement separately, they are all related. The changes in L3Harris Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on L3Harris Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on L3Harris Technologies Financial Statements. Understanding these patterns can help to make the right decision on long term investment in L3Harris Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.6 B1.7 B
Total Revenue19.6 B20.6 B
Cost Of Revenue14 B14.7 B
Stock Based Compensation To Revenue 0.02  0.01 
Sales General And Administrative To Revenue 0.18  0.12 
Research And Ddevelopement To Revenue 0.04  0.04 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 88.49  92.92 
Ebit Per Revenue 0.14  0.08 

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When determining whether L3Harris Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of L3Harris Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of L3harris Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on L3harris Technologies Stock:
How To Invest In L3Harris
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Is L3Harris Stock a good investment?
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What is L3Harris Technologies' Net Worth?
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Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.
Note that the L3Harris Technologies information on this page should be used as a complementary analysis to other L3Harris Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.
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Is L3Harris Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of L3Harris Technologies. If investors know L3Harris will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about L3Harris Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
4.56
Earnings Share
6.43
Revenue Per Share
102.421
Quarterly Revenue Growth
0.166
The market value of L3Harris Technologies is measured differently than its book value, which is the value of L3Harris that is recorded on the company's balance sheet. Investors also form their own opinion of L3Harris Technologies' value that differs from its market value or its book value, called intrinsic value, which is L3Harris Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because L3Harris Technologies' market value can be influenced by many factors that don't directly affect L3Harris Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between L3Harris Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if L3Harris Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, L3Harris Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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