L3HARRIS Technologies, Inc. LHX
Industrial Machinery/Components · data as of November 13, 2026
L3HARRIS Technologies, Inc. (LHX) is a industrial company listed in the US with a market value of about $50.7B. In the twelve months to October 2, 2026 it had revenue of $23.3B and net income of $2.0B, a net margin of 8.8%.
Its overall Stock Analiz score is 3.0 out of 5 (average). The strongest part is shareholder returns (5/5); the weakest is future growth (2/5).
Key numbers: a P/E of 25.4, a price to free cash flow of 13.9, 5-year revenue growth of 4% a year, a 5-year average ROIC of 5%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 1% above the current price.
Score: 3.0 / 5
Checks passed
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- P/E below 25
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.3B | $21.9B | $21.3B | $19.4B | $17.1B | $17.8B | $18.2B | $12.9B | $6.2B | $5.9B | $6.0B |
| Net income | $2.0B | $1.6B | $1.5B | $1.2B | $1.1B | $1.8B | $1.1B | $1.3B | $699M | $543M | $324M |
| Free cash flow | $3.6B | $2.7B | $2.2B | $1.6B | $1.9B | $2.3B | $2.4B | — | $615M | $450M | $772M |
| EPS (diluted) | $10.74 | $8.53 | $7.87 | $6.44 | $5.49 | $9.09 | $5.19 | $7.89 | $5.76 | $4.36 | $2.59 |
| Net margin | 8.8% | 7.3% | 7.0% | 6.3% | 6.2% | 10.4% | 6.2% | 10.4% | 11.3% | 9.2% | 5.4% |
| ROIC | — | 5.6% | 5.7% | 4.3% | 3.5% | 6.3% | 6.2% | 5.1% | 12.4% | 11.1% | 9.7% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 21 analysts is $336.33, 23% above the current price; targets range from $252.00 to $443.00; the consensus rating is “Buy”; expected EPS is $12.26 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is L3HARRIS Technologies’s P/E ratio?
About 25.4, based on the last twelve months of diluted earnings per share (forward P/E about 20.7).
Is L3HARRIS Technologies stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 1% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does L3HARRIS Technologies pay a dividend?
Yes. The dividend yield is about 1.84%, and it has paid dividends for 9 years in our data.
Is L3HARRIS Technologies a good stock to buy?
We do not give buy or sell advice. L3HARRIS Technologies scores 3.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.