StratGraph
Companies / Industrials
LHX

L3Harris

Aerospace & Defense

Aerospace & DefenseAnalysis in progress
In progress

We are decoding this company's strategy and relationships

New analyses are published every weekday. Founding members get them first.

Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health77
Growthn/a
Profitabilityn/a
Cash generation100
Balance sheet55
Dilution control78
Key ratios and five-year financials
Latest quarter revenue YoY (2026-10-02)7.1%Revenue growth (FY)—Revenue CAGR (3y)—Gross margin—Operating margin—Net margin—Free cash flow margin—R&D / revenue—Stock comp / revenue—Net debt / operating cash flow3.02xCurrent ratio1.19Diluted share count change-1.2%
Fiscal year endingFY 2021-12FY 2022-12FY 2023-12FY 2025-01FY 2026-01
Revenue$17.8B$17.1B$19.4B$21.3B—
Gross profit$5.4B$4.9B$5.1B$5.5B—
Operating income$2.1B$1.1B$1.4B$1.9B$2.1B
Net income$1.8B$1.1B$1.2B$1.5B$1.6B
Operating cash flow$2.7B$2.2B$2.1B$2.6B$3.1B
Capital expenditure$342M$252M$449M$408M$424M
Free cash flow$2.3B$1.9B$1.6B$2.2B$2.7B
Stock-based comp$129M$109M$89M$97M$113M
Buybacks$3.7B$1.1B$518M$554M$1.2B
Dividends$817M$864M$868M$886M$903M
Cash$941M$880M$560M$615M$1.1B
Total debt$7.0B$6.2B$12.8B$11.6B$10.4B
Equity$19.2B$18.5B$18.8B$19.5B$19.6B

StratGraph publishes general, impersonal research about public companies based on public filings. It is not investment advice, not a recommendation to buy, sell or hold any security, and not tailored to any reader's circumstances. Content may contain errors and may be partly generated with AI tools; verify against the original filings, which are linked. Authors may not trade securities discussed within the window set by our trading policy. Full disclaimer.