profit from every $100 of sales.

L3Harris Technologies
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $31.52 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What L3Harris Technologies sold, what it kept, and what it did with the cash.
Sales went from $17.1 billion in 2022 to $21.9 billion in 2025, with $1.61 billion of profit last year.
L3Harris Technologies handed back 77% of the cash it generated last year.
L3Harris Technologies vs. similar companies
L3Harris Technologies grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
L3Harris Technologies | 31.5× · Expensive | ||
SpaceX | No profit yet | ||
GE Aerospace | 39.4× · Expensive | ||
RTX | 39.8× · Expensive | ||
Airbus | 31.5× · Expensive |
Compare L3Harris Technologies with Garmin · Northrop Grumman
AI analysis
An AI analyst reads L3Harris Technologies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 18,194 | 17,814 | 17,062 | 19,419 | 21,325 | 21,865 | |
| 3,888 | 5,376 | 4,927 | 5,113 | 5,524 | 5,625 | |
| 2,162 | 2,109 | 1,929 | 1,800 | 2,015 | 2,150 | |
| – | – | 2,490 | 2,930 | 3,561 | 3,753 | |
| 1,119 | 1,846 | 1,062 | 1,227 | 1,502 | 1,606 | |
| 5.19 | 9.09 | 5.49 | 6.44 | 7.87 | 8.53 | |
| 21.4% | 30.2% | 28.9% | 26.3% | 25.9% | 25.7% | |
| 11.9% | 11.8% | 11.3% | 9.3% | 9.4% | 9.8% | |
| 6.2% | 10.4% | 6.2% | 6.3% | 7.0% | 7.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 36,960 | 34,709 | 33,524 | 41,687 | 42,001 | 41,195 |
| Cash | 1,276 | 941 | 880 | 560 | 615 | 1,069 |
| Total debt | 6,953 | 7,061 | 7,045 | 13,125 | 12,236 | 11,116 |
| Total liabilities | – | – | 14,900 | 22,858 | 22,422 | 21,560 |
| 20,724 | 19,213 | 18,523 | 18,765 | 19,514 | 19,635 | |
| 216 | 203 | 194 | 191 | 191 | 188 | |
| – | – | 4.8% | 4.4% | 5.7% | 6.5% | |
| 5.4% | 9.6% | 5.7% | 6.5% | 7.7% | 8.2% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,790 | 2,687 | 2,158 | 2,096 | 2,559 | 3,106 | |
| 368 | 342 | 252 | 449 | 408 | 424 | |
| 2,422 | 2,345 | 1,906 | 1,647 | 2,151 | 2,682 | |
| Dividends paid | 725 | 817 | 864 | 868 | 886 | 903 |
| 2,290 | 3,675 | 1,083 | 518 | 554 | 1,154 | |
| – | – | 325 | 320 | 361 | 366 |
Valuation
- 31.5×
- 23.4×
- 3.02
- 2.5×
- 2.3×
- 18.9×
- 16.2×
- 5.3%
- 3.2%
- 1.6%
Profitability
- 25.7%
- 9.8%
- 7.3%
- 16.0%
- 6.7%
- 5.5%
- 8.9%
- 4.2%
- 6.9%
- 1.2%
Growth
- +3.7%
- +10.4%
- +24.7%
- +7.1%
- −0.9%
Financial health
- 2.7×
- 0.57
- 5.2%
- 4.2×
- 1.19
- 0.89
- 0.54
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $352.25
- Range
- $323.00 – $367.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 2.72 | 2.53 | +7.5% |
| Jan 29, 2026 | 2.86 | 2.76 | +3.6% |
| Oct 30, 2025 | 2.70 | 2.58 | +4.7% |
| Jul 24, 2025 | 2.78 | 2.48 | +12.1% |
| Apr 24, 2025 | 2.41 | 2.31 | +4.3% |
| Jan 30, 2025 | 3.47 | 3.42 | +1.5% |
| Oct 24, 2024 | 3.34 | 3.25 | +2.8% |
| Jul 25, 2024 | 3.24 | 3.18 | +1.9% |
Paid per share, each year
$1.94 in 2015 → $4.80 in 2025
How safe it looks
56.2% of its profit
Room to growStretchedMore than it earns: 33.7%
News
L3Harris Wins $876 Million Next Generation Jamming ContractYahoo Finance · Oct 21, 2026Better Space Stock: AST SpaceMobile vs. L3Harris TechnologiesYahoo Finance · Sep 7, 2026L3Harris Technologies lands $139M contract boost to supply Navy submarine mastsSeeking Alpha · Sep 4, 2026L3Harris ousts CEO Chris Kubasik over unspecified 'conduct,' stock drops 4%CNBC · Aug 17, 2026NASA picks Blue Origin, Firefly, L3Harris for $100M spacecraft contractSeeking Alpha · Aug 17, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about L3Harris Technologies
Is L3Harris Technologies a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the L3Harris Technologies AI analysis
What does L3Harris Technologies do?
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). It is in Aerospace & Defense, based in Melbourne, FL, United States, with 45,000 employees.
Does L3Harris Technologies pay a dividend?
Yes. At today's price the dividend is 1.6% a year, about 56% of its yearly profit. In 2025 it paid out $903 million in dividends.
Is L3Harris Technologies stock halal?
Questionable. L3Harris Technologies sits in a grey zone: scholars disagree about its industry. How we check
How has L3Harris Technologies stock done over the past year?
Down 9.5% over the past twelve months, to $271.84. It traded between $233.63 and $378.48 and is 28.2% below its high.
Who are L3Harris Technologies's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with L3Harris Technologies's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



