L3Harris Technologies, Inc. (LHX)
NYSE: LHX · IEX Real-Time Price · USD
223.57
+1.48 (0.67%)
May 17, 2024, 4:00 PM EDT - Market closed

L3Harris Technologies Statistics

Total Valuation

LHX has a market cap or net worth of $42.42 billion. The enterprise value is $55.65 billion.

Market Cap 42.42B
Enterprise Value 55.65B

Important Dates

The last earnings date was Thursday, April 25, 2024, after market close.

Earnings Date Apr 25, 2024
Ex-Dividend Date Jun 4, 2024

Share Statistics

LHX has 189.68 million shares outstanding. The number of shares has decreased by -0.21% in one year.

Shares Outstanding 189.68M
Shares Change (YoY) -0.21%
Shares Change (QoQ) n/a
Owned by Insiders (%) 0.33%
Owned by Institutions (%) 85.00%
Float 188.52M

Valuation Ratios

The trailing PE ratio is 36.29 and the forward PE ratio is 16.93. LHX's PEG ratio is 0.90.

PE Ratio 36.29
Forward PE 16.93
PS Ratio 2.10
Forward PS 1.97
PB Ratio 2.27
P/FCF Ratio 35.20
PEG Ratio 0.90
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.43, with an EV/FCF ratio of 46.18.

EV / Earnings 47.44
EV / Sales 2.76
EV / EBITDA 18.43
EV / EBIT 31.19
EV / FCF 46.18

Financial Position

The company has a current ratio of 0.98, with a Debt / Equity ratio of 0.73.

Current Ratio 0.98
Quick Ratio 0.20
Debt / Equity 0.73
Debt / EBITDA 4.54
Debt / FCF 11.38
Interest Coverage 2.89

Financial Efficiency

Return on equity (ROE) is 6.30% and return on invested capital (ROIC) is 4.38%.

Return on Equity (ROE) 6.30%
Return on Assets (ROA) 2.90%
Return on Capital (ROIC) 4.38%
Revenue Per Employee $403,180
Profits Per Employee $23,460
Employee Count 50,000
Asset Turnover 0.50
Inventory Turnover 9.87

Taxes

Income Tax -6.00M
Effective Tax Rate -0.51%

Stock Price Statistics

The stock price has increased by +20.31% in the last 52 weeks. The beta is 0.64, so LHX's price volatility has been lower than the market average.

Beta (1Y) 0.64
52-Week Price Change +20.31%
50-Day Moving Average 211.48
200-Day Moving Average 196.47
Relative Strength Index (RSI) 73.07
Average Volume (30 Days) 1,068,800

Short Selling Information

The latest short interest is 1.59 million, so 0.84% of the outstanding shares have been sold short.

Short Interest 1.59M
Short Previous Month 1.94M
Short % of Shares Out 0.84%
Short % of Float 0.85%
Short Ratio (days to cover) 1.41

Income Statement

In the last 12 months, LHX had revenue of $20.16 billion and earned $1.17 billion in profits. Earnings per share was $6.16.

Revenue 20.16B
Gross Profit 5.28B
Operating Income 1.41B
Pretax Income 1.17B
Net Income 1.17B
EBITDA 3.02B
EBIT 1.78B
Earnings Per Share (EPS) $6.16
Full Income Statement

Balance Sheet

The company has $477.00 million in cash and $13.71 billion in debt, giving a net cash position of -$13.23 billion or -$69.75 per share.

Cash & Cash Equivalents 477.00M
Total Debt 13.71B
Net Cash -13.23B
Net Cash Per Share -$69.75
Equity / Book Value 18.67B
Book Value Per Share 98.41
Working Capital -171.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.64 billion and capital expenditures -$437.00 million, giving a free cash flow of $1.21 billion.

Operating Cash Flow 1.64B
Capital Expenditures -437.00M
Free Cash Flow 1.21B
FCF Per Share $6.35
Full Cash Flow Statement

Margins

Gross margin is 26.18%, with operating and profit margins of 7.00% and 5.82%.

Gross Margin 26.18%
Operating Margin 7.00%
Pretax Margin 5.79%
Profit Margin 5.82%
EBITDA Margin 14.98%
EBIT Margin 8.85%
FCF Margin 5.98%

Dividends & Yields

This stock pays an annual dividend of $4.64, which amounts to a dividend yield of 2.08%.

Dividend Per Share $4.64
Dividend Yield 2.08%
Dividend Growth (YoY) 1.77%
Years of Dividend Growth 22
Payout Ratio 75.32%
Buyback Yield 0.21%
Shareholder Yield 2.29%
Earnings Yield 2.77%
FCF Yield 2.84%
Dividend Details

Analyst Forecast

The average price target for LHX is $236.64, which is 5.85% higher than the current price. The consensus rating is "Buy".

Price Target $236.64
Price Target Difference 5.85%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 6.15%
EPS Growth Forecast (5Y) 23.66%
Stock Forecasts

Stock Splits

The last stock split was on May 11, 2009. It was a forward split with a ratio of 10000:9448.

Last Split Date May 11, 2009
Split Type Forward
Split Ratio 10000:9448

Scores

LHX has an Altman Z-Score of 1.83 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.83
Piotroski F-Score 5