L3Harris Technologies, Inc.

L3Harris Technologies, Inc.

LHXยทNYSE

$303.45

-2.0%
IndustrialsAerospace & Defense

L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions for air traffic management. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.

At a Glance

Live Snapshot
Market Cap$56.53B
EPS8.5700
P/E Ratio35.41
Earnings Date07/23/2026
L3Harris Technologies, Inc.

L3Harris Technologies, Inc. Fair Value Envelope

LHX ยท NYSE

Our analysis suggests that LHX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $303.45, this represents a potential HIDDEN relative to our calculated worth for L3Harris Technologies, Inc..

Intrinsic Value
Current Price: $303.45

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$288.5B
+ Cash & Equivalents$1.1B
Firm Value$289.5B
- Debt$10.4B
Equity Value$279.1B
/ Shares Outstanding187,086,092B
DCF Value$1.5K
UNDERVALUED BY 392%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$3.9B
$4.8B
$6.0B
$7.5B
$9.4B
$11.7B
$14.6B
$18.1B
$22.6B
$28.2B
Maintenance CapEx
-$105.7M
-$131.8M
-$164.4M
-$205.0M
-$255.6M
-$318.6M
-$397.3M
-$495.4M
-$617.7M
-$770.2M
Owner Earnings
$3.8B
$4.7B
$5.9B
$7.3B
$9.1B
$11.4B
$14.2B
$17.6B
$22.0B
$27.4B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$3.5B
$4.0B
$4.6B
$5.4B
$6.2B
$7.2B
$8.3B
$9.5B
$11.0B
$12.7B
Terminal Value represents 74.9% of Enterprise Value