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L3harris Technologies Inc
L3harris Technologies Inc (LHX) is listed on NYSE and classified in Aerospace & Defense, part of the Industrials sector. It is headquartered in Melbourne, United States and has 45,000 employees. The company is worth $47.34B and trades at 24.9x its earnings of the last twelve months; the median for its sector is 24.3x. Revenue was $21.33B in fiscal 2024, up 9.8% from the year before. Net income was $1.5B. The share price is 33.0% below its 52-week high of $379.23. It pays a dividend yielding 1.97%, and has raised its annual dividend for 24 years in a row in our records. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $312.42M. In that quarter, 4 of them opened or added to the position and 1 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +18.9% over 5Y.
today you would have $1,190.94▲ +19.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $293.57 | $210.28 | $210.62 | $208.21 | $213.24 | $189.02 | $197.87 | $134.65 | $141.65 | $102.47 | $86.90 | $71.82 | $69.81 | $48.96 | $36.04 | $45.30 | $47.55 | $35.95 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 10.4% a year plus a 2.0% dividend yield. Growth capped at 25%.
Median P/E of 24.3 among peers in the sector.
Median P/E of 30.2 across this company’s own years on record.
Cash flow growing 10.4% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 13.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
Companies of similar size in Industrials, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| ROKRockwell Automation Inc | $423.87 | 41.1x | 13.5x | 1.30% | 30.63% | $47.17B |
| WABWestinghouse Air Brake Technologies Corp | $276.47 | 35.9x | 4.1x | 0.45% | 12.24% | $46.7B |
| CARRCARRIER GLOBAL Corp | $56.48 | 40.9x | 3.5x | 1.70% | 8.97% | $46.56B |
| WCNWaste Connections, Inc. |
| P/E | 30.2x | 34.4x | 26.7x | 32.7x | 37.9x | 23.5x | 36.4x | 25.1x | 23.4x | 32.5x | 39.6x | 27.9x | 14.5x | 69.1x | 188.3x | 7.8x | 10.6x | 169.8x | 11.1x |
| P/S | 2.1x | — | 1.9x | 2.1x | 2.3x | 2.3x | 2.1x | 3.3x | 2.6x | 2.9x | 2.1x | 2.8x | 1.8x | 1.5x | 1.0x | 0.8x | 1.2x | 1.2x | 1.1x |
| P/B | 2.7x | 2.8x | 2.0x | 2.1x | 2.1x | 2.1x | 1.9x | 1.9x | 4.8x | 5.8x | 4.2x | 3.2x | 4.9x | 4.8x | 2.9x | 1.7x | 2.7x | 3.3x | 1.9x |
| EPS | $8.53 | $7.87 | $6.44 | $5.49 | $9.09 | $5.19 | $7.89 | $5.76 | $4.36 | $2.59 | $3.11 | $4.95 | $1.01 | $0.26 | $4.60 | $4.28 | $0.28 | $3.24 |
| Dividend yield | 2.04% | 1.64% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% | 2.26% | 2.86% | 2.94% | 2.08% | 1.74% | 1.84% |
| Payout | 57.62% | 56.27% | 58.96% | 70.81% | 81.60% | 44.88% | 65.51% | 36.38% | 43.58% | 50.46% | 79.54% | 62.38% | 35.96% | 156.44% | 538.46% | 23.04% | 21.96% | 296.06% | 20.41% |
| Profit margin | 8.60% | — | 7.04% | 6.32% | 6.22% | 10.36% | 6.15% | 10.37% | 11.33% | 9.21% | 5.41% | 8.60% | 10.67% | 2.21% | 0.56% | 10.85% | 11.89% | 0.76% | 9.66% |
| ROE | 8.89% | 8.18% | 7.70% | 6.54% | 5.73% | 9.61% | 5.40% | 5.90% | 21.32% | 18.70% | 10.60% | 9.83% | 29.30% | 7.24% | 1.58% | 23.50% | 25.65% | 2.03% | 17.06% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
+0.9% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $184.88 |
| 41.5x |
| 5.7x |
| 0.76% |
| 13.03% |
| $46.51B |
| FIXComfort Systems USA Inc | $1,279.37 | 31.5x | 14.0x | 0.28% | 55.29% | $45.03B |
| FERGFerguson Enterprises Inc. | $227.31 | 22.4x | 7.1x | 1.57% | — | $43.97B |
