LHX
NYSE · Aerospace & Defense
L3Harris Technologies Inc
$351.42
+5.94 (+1.72%)
Performance
1D
—
1W
—
1M
—
3M
+18.41%
6M
+19.71%
1Y
+65.33%
YTD
+15.42%
Open$342.42
Previous Close$345.48
Day High$351.71
Day Low$341.06
52W High$379.23
52W Low$195.72
Volume—
Avg Volume1.48M
Market Cap67.26B
P/E Ratio41.88
EPS$8.53
SectorAerospace & Defense
Technical Indicators
Full analysis →
SMA 50
$324.09
Above
SMA 200
$282.93
Above
RSI (14)
51.7
Neutral
Trend
Golden Cross
Bullish
Analyst Ratings
Strong Buy
25 analysts
Price Target
-32.7% upside
Current
$351.42
$351.42
Target
$236.45
$236.45
$142.59
$236.45 avg
$281.44
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 21.29B | 19.60B | 23.92B |
| Net Income | 1.56B | 1.30B | 2.43B |
| Profit Margin | 7.4% | 7.0% | 10.1% |
| EBITDA | 3.65B | 3.20B | 4.19B |
| Free Cash Flow | — | — | 2.13B |
| Rev Growth | +8.6% | +8.6% | +7.5% |
| Debt/Equity | 0.57 | 0.57 | 0.67 |
Dividend
Dividend Yield1.39%
Annual Dividend$4.80
Payout Ratio56.2%
Frequencyquarterly
Ex-Dividend—
Pay Date—
About L3Harris Technologies Inc
L3Harris Technologies, Inc. is a leading global aerospace and defense technology company headquartered in Melbourne, Florida, formed through the merger of L3 Technologies and Harris Corporation. The company provides advanced defense electronics, mission systems, communication systems, intelligence solutions, and space payloads primarily to the U.S. Department of Defense and allied governments worldwide. L3Harris operates across four segments: Space & Airborne Systems, Communication Systems, Integrated Mission Systems, and Aviation Systems. It ranks among the top defense contractors in the United States, competing with companies such as Raytheon, Northrop Grumman, and General Dynamics across a range of mission-critical programs.
Aerospace & Defense Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| GE | GE Aerospace | $290.63 | -0.31% | 40.3 | 350.80B |
| RTX | Rtx Corp | $194.00 | -0.42% | 41.0 | 275.72B |
| BA | Boeing Co. | $196.42 | -1.00% | 68.9 | 154.00B |
| LMT | Lockheed Martin Corp | $610.17 | -0.99% | 28.6 | 143.67B |
| NOC | Northrop Grumman Corp | $682.16 | +0.32% | 24.1 | 100.60B |
| GD | General Dynamics Corp | $346.23 | -0.33% | 23.1 | 97.29B |
LHX Frequently Asked Questions
What does L3Harris Technologies do?
L3Harris makes its money at the intersection of electronics and defense — building the radios, sensors, electronic warfare systems, and space payloads that governments and militaries depend on. Its four business segments cover everything from satellite payloads and airborne surveillance to tactical communications and pilot training. The company derives the vast majority of its revenue from the U.S. Department of Defense, with a growing footprint supporting allied nations. Its strength lies in mission systems and secure communications rather than platforms like aircraft or ships.
Is LHX stock a good investment?
L3Harris operates in a sector defined by long-term government contracts and multi-year program backlogs, which provides relatively predictable cash flow. The company has been working through a margin recovery effort after its 2019 merger, with cost savings and portfolio rationalization targeted at improving profitability. Defense budget pressures and program delays pose headline risk, while sustained demand for electronic warfare and space capabilities remains a tailwind. Investors typically evaluate it on free cash flow yield and backlog growth rather than traditional earnings multiples.
Who are L3Harris Technologies' main competitors?
Raytheon Technologies (now RTX) competes directly on electronic warfare, sensors, and missile systems. Northrop Grumman rivals L3Harris in space payloads and airborne surveillance platforms. General Dynamics overlaps in communications and mission systems. BAE Systems competes internationally in electronic systems and defense electronics. Leidos and SAIC are significant competitors on the intelligence and government IT side of the business.
Does L3Harris Technologies pay dividends?
L3Harris has maintained a quarterly dividend through the merger that created the company, making it a consistent income payer within the defense sector. The company has progressively increased its dividend in line with earnings growth and free cash flow generation. Defense contractors with stable government contract revenue tend to be reliable dividend payers, and L3Harris has targeted returning capital to shareholders through both dividends and share repurchases. The yield is modest but meaningful for income investors within the aerospace and defense category.
How much does LHX stock cost right now?
LHX last closed at $351.42, up 1.72% in the most recent trading session. Over the past 52 weeks, the stock has traded between a low of $195.72 and a high of $379.23. The current price represents 85% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.
What is the analyst consensus for LHX?
Among 25 analysts covering LHX, the consensus rating is Strong Buy — 19 rate it a buy, 6 hold, and 0 sell. The average price target sits at $236.45, implying 33% downside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.
Does L3Harris Technologies Inc make money?
L3Harris Technologies Inc generated $21.29B in revenue during fiscal year 2026, with $1.56B reaching the bottom line as net income. The net profit margin of 7.4% reflects the competitive nature of its industry.
Is LHX stock expensive based on earnings?
LHX trades at a P/E ratio of 41.88 on trailing earnings of $8.53 per share. That's above the S&P 500 historical average, suggesting the market expects above-average earnings growth ahead. Comparing this multiple against Aerospace & Defense sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.
Is LHX stock going up or down?
Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: +18.41% (3M), +19.71% (6M), +65.33% (1Y), +15.42% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether LHX is outperforming or lagging the broader market.