Industrials -
Aerospace & Defense - NYSE - US
$ 218.0
-1.11 %
$ 40.8 B
Market Cap
25.61
P/E
1. INTRINSIC VALUE
Balance Sheet
L3Harris Technologies, Inc.
| Current Assets | 8.22 B |
| Cash & Short-Term Investments | 615 M |
| Receivables | 4.68 B |
| Other Current Assets | 2.92 B |
| Non-Current Assets | 33.8 B |
| Long-Term Investments | 0 |
| PP&E | 2.81 B |
| Other Non-Current Assets | 31 B |
| Current Liabilities | 7.63 B |
| Accounts Payable | 2 B |
| Short-Term Debt | 1.16 B |
| Other Current Liabilities | 4.47 B |
| Non-Current Liabilities | 14.8 B |
| Long-Term Debt | 10.9 B |
| Other Non-Current Liabilities | 3.91 B |
EFFICIENCY
Earnings Waterfall
L3Harris Technologies, Inc.
| Revenue | 21.3 B |
| Cost Of Revenue | 15.8 B |
| Gross Profit | 5.52 B |
| Operating Expenses | 3.57 B |
| Operating Income | 1.92 B |
| Other Expenses | 406 M |
| Net Income | 1.51 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
L3Harris Technologies, Inc.
| Net Income | 1.51 B |
| Depreciation & Amortization | 1.29 B |
| Capital Expenditures | -408 M |
| Stock-Based Compensation | 97 M |
| Change in Working Capital | -529 M |
| Others | -519 M |
| Free Cash Flow | 2.15 B |
Wall Street Analysts Price Targets
L3Harris Technologies, Inc.
Wall Street analysts predict an average 1-year price target for LHX of $274 , with forecasts ranging from
a
low of
$240 to a high of $300 .
LHX Lowest Price Target
Wall Street Target
240 USD
10.09%
LHX Average Price Target
Wall Street Target
274 USD
25.48%
LHX Highest Price Target
Wall Street Target
300 USD
37.61%
4. DIVIDEND
ANALYSIS
0.58%
DIVIDEND YIELD
1.2 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
L3Harris Technologies, Inc.
Sold
0-3 MONTHS
1.81 M USD 2
3-6 MONTHS
1.06 M USD 1
6-9 MONTHS
8.04 M USD 2
9-12 MONTHS
24.7 M USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
L3Harris Receives $214 Million in Orders to Support German Armed Forces
ROCHESTER, N.Y.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has received multiple orders expected to total $214 million under Germany's Digitalization – Land Based Operations (D-LBO) program. These orders include delivery of interoperable communication systems to enhance the operational capabilities of the German armed forces. “Resilient and immediate communication among allies is crucial for countering threats posed by aggressive adversaries,” said Sam Mehta, President, Communication S.
businesswire.com
- 1 week ago
L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
L3Harris Technologies is set to work on modifications to a used Qatari Boeing 747 that could be used as a new Air Force One aircraft. Boeing's modifications on a pair of 747 jumbo jets to become the new Air Force One aircraft is years behind schedule and more than $2 billion over budget.
cnbc.com
- 2 weeks ago
US tasked L3Harris to ready interim presidential plane by year-end, WSJ says
The U.S. government has commissioned defense contractor L3Harris Technologies to overhaul a Boeing 747 formerly used by the Qatari government to use as an interim Air Force One, the Wall Street Journal reported on Thursday.
reuters.com
- 2 weeks ago
L3Harris Technologies: A Steady Course In A Changing World
L3Harris Technologies, a major defense contractor, has a strong order backlog of $34 billion and expects a revenue boost from expanding space and aviation programs. The company's flexible business model and strategic acquisitions, like Aerojet Rocketdyne, position it well in niche markets such as tactical communications and electronic warfare. Despite high competition and dependence on the US defense budget, L3Harris shows strong financials, with a 2024 net income of $1.502 billion and a 7% net margin.
seekingalpha.com
- 2 weeks ago
L3Harris to Present at Three Upcoming Investor Conferences
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) Chief Financial Officer and Aerojet Rocketdyne President Ken Bedingfield will present at Barclays Americas Select Franchise Conference in London at 8:30 a.m. local (3:30 a.m. ET) on Tuesday, May 6. The presentation will stream live on the L3Harris website, with a recording available after the event. Bedingfield will also present at the Wolfe Research Conference at 12:50 p.m. ET on Thursday, May 22, in New York City. The present.
businesswire.com
- 3 weeks ago
L3Harris Technologies: Attractive Growth At A Discount
Despite a 2% stock price decline, L3Harris Technologies remains a buy due to its strong market position and better performance than the S&P 500. The company's diverse segments, particularly Communication Systems, show significant growth potential, with a focus on cyber, ISR, and hypersonics. First quarter earnings reveal mixed results, with overall sales down but profits growing, particularly in Communication Systems and Aerojet Rocketdyne.
seekingalpha.com
- 3 weeks ago
L3Harris Technologies, Inc. (LHX) Q1 2025 Earnings Call Transcript
L3Harris Technologies, Inc. (NYSE:LHX ) Q1 2025 Earnings Conference Call April 24, 2025 10:30 AM ET Company Participants Dan Gittsovich – Vice President-Investor Relations Chris Kubasik – Chair and Chief Executive Officer Ken Bedingfield – Senior Vice President, Chief Financial Officer and President-Aerojet Rocketdyne Conference Call Participants Seth Seifman – J.P. Morgan Ronald Epstein – Bank of America Doug Harned – Bernstein Sheila Kahyaoglu – Jefferies Matt Akers – Wells Fargo Noah Poponak – Goldman Sachs Robert Stallard – Vertical Research Partners Myles Walton – Wolfe Research Jason Gursky – Citigroup Michael Ciarmoli – Truist Securities Peter Arment - Baird Operator Greetings.
seekingalpha.com
- 3 weeks ago
L3Harris Beats on Q1 Earnings, Lowers '25 Revenue View
LHX's Q1 revenues of $5.13 billion miss the Zacks Consensus Estimate by 1.9% and decline 1.5% year over year.
zacks.com
- 3 weeks ago
L3Harris (LHX) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for L3Harris (LHX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 weeks ago
L3Harris (LHX) Surpasses Q1 Earnings Estimates
L3Harris (LHX) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $3.06 per share a year ago.
zacks.com
- 3 weeks ago
L3Harris cuts 2025 forecasts on aviation business divestiture
U.S. defense contractor L3Harris Technologies on Thursday cut its full-year profit and revenue forecasts after missing quarterly sales expectations, citing decreased volumes in its space unit and the divestment of its aviation solutions business.
reuters.com
- 3 weeks ago
Will Segmental Sales Bolster L3Harris Technologies' Q1 Earnings?
LHX's Q1 results are expected to reflect robust top-line performance from three of its four business segments.
zacks.com
- 3 weeks ago
8. Profile
Summary
L3Harris Technologies, Inc. LHX
COUNTRY
US
INDUSTRY
Aerospace & Defense
MARKET CAP
$ 40.8 B
Dividend Yield
0.58%
Description
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.
Contact
1025 West NASA Boulevard, Melbourne, FL, 32919
https://www.l3harris.com
IPO
Date
Dec. 31, 1981
Employees
47000
Officers
Mr. Kenneth L. Bedingfield
Senior Vice President, Chief Financial Officer & President of Aerojet Rocketdyne
John P. Cantillon
Vice President & Principal Accounting Officer
Mr. Edward J. Zoiss
President of Space & Airborne Systems
Mr. Samir B. Mehta
President of Communication Systems Segment
Dr. Andrew Puryear
Vice President & Chief Technology Officer
Ms. Kimberly A. Mackenroth
Vice President & Chief Information Officer
Mr. Christopher E. Kubasik CPA
Chairman & Chief Executive Officer
Mr. Jonathan P. Rambeau
President of Integrated Missions Systems (IMS) Segment
Mr. David W. Zack
Vice President of Operations & Program Excellence
Mr. Daniel Gittsovich
Vice President of Investor Relations & Corporate Development