Stocks · Industrials · Aerospace & Defense
L3Harris Technologies, Inc. LHX
$236.88 +0.12% Close, Oct 5, 2026 · NYSE · Market cap $44.06B
Weak trendInexpensive vs sectorLow risk
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 13 quarters (average surprise over the last four: +6.9%).
- The shares trade at 23.9× trailing earnings, lower than 95% of the company's own readings over the past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
Growth62Neutral
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 48%
- EPS growth (TTM, YoY)Top 49%
- FCF growth (TTM, YoY)Top 35%
- Revenue growth, 3-year CAGRTop 33%
- Revenue growth accelerationTop 48%
Quality46Neutral
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 47%
- Gross marginBottom 43%
- Operating marginTop 38%
- Cash conversion (OCF / net income)Top 39%
- Accruals (lower is better)Bottom 42%
- Net debt / EBITDA (lower is better)Bottom 41%
- Interest coverTop 47%
Value81Strong
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 26%
- Free-cash-flow yieldTop 22%
- EBITDA / enterprise valueTop 40%
- Sales / enterprise valueBottom 46%
- P/E vs own 5-year history (lower is better)Top 11%
Momentum18Very weak
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 29%
- 6-month returnBottom 8%
- 1-year return vs S&P 500Bottom 25%
- Distance from 52-week highBottom 31%
- Trend checklist (0–4)Bottom 16%
Revisions91Exceptional
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 44%
- Consecutive EPS beatsTop 9%
- Share of analysts rating BuyTop 25%
- Upside to consensus price targetTop 35%
Stability84Strong
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 20%
- Maximum drawdown, 3 yearsTop 27%
- Beta vs S&P 500 (lower is better)Top 8%
- Net debt / EBITDA (lower is better)Bottom 41%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.8% | 7.3% | ↑ |
| EPS growth (YoY) | 9.3% | 10.6% | ↑ |
| Gross margin | 25.7% | 25.5% | ↓ |
| Operating margin | 11.0% | 10.0% | ↓ |
| FCF margin | 10.1% | 12.2% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 7.3% | 5.8% | ↑ | Bottom 48% |
| EPS growth (TTM, YoY) | 10.6% | 9.3% | ↑ | Top 49% |
| Gross margin | 25.5% | 25.7% | ↓ | Bottom 43% |
| Operating margin | 10.0% | 11.0% | ↓ | Top 38% |
| Net margin | 8.2% | 7.9% | ↑ | — |
| Free-cash-flow margin | 12.2% | 10.1% | ↑ | — |
| Return on invested capital | 5.3% | — | Bottom 47% | |
| Revenue growth, 3-year CAGR | 8.6% | — | Top 33% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.76×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -3.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -2.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.55×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 4.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 2.09%
- Net buyback yield (TTM)
- -0.26%
- Shareholder yield
- 1.82%
- Share count change, 1 year
- +0.2%
- Share count change, 3-year CAGR
- -0.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jul 3, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 13
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +6.9%
- Average 2-day reaction, last 8
- -0.0%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $340.00
- Target vs current price
- +43.5%
- Analysts with a rating
- 33
- Share rating Buy or Strong Buy
- 73%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +11.8% | -2.5% | -6.5% | -14.1% | — |
| Apr 30, 2026 | +7.5% | -0.3% | -6.0% | -2.1% | -5.6% |
| Jan 29, 2026 | +3.6% | -1.2% | -5.9% | -1.4% | -11.9% |
| Oct 30, 2025 | +4.7% | +3.1% | +0.1% | -3.7% | +25.7% |
| Jul 24, 2025 | +12.1% | +1.3% | +1.7% | +2.4% | +5.4% |
| Apr 24, 2025 | +4.3% | -0.0% | +1.7% | +7.5% | +21.6% |
| Jan 30, 2025 | +1.5% | +0.1% | -1.4% | -3.3% | +1.9% |
| Oct 24, 2024 | +2.8% | -0.7% | -0.2% | -0.6% | -10.5% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $3.13 | $2.80 | +11.8% | $5.88B |
| Apr 30, 2026 | $2.72 | $2.53 | +7.5% | $5.74B |
| Jan 29, 2026 | $2.86 | $2.76 | +3.6% | $5.65B |
| Oct 30, 2025 | $2.70 | $2.58 | +4.7% | $5.66B |
| Jul 24, 2025 | $2.78 | $2.48 | +12.1% | $5.43B |
| Apr 24, 2025 | $2.41 | $2.31 | +4.3% | $5.13B |
| Jan 30, 2025 | $3.47 | $3.42 | +1.5% | $5.52B |
| Oct 24, 2024 | $3.34 | $3.25 | +2.8% | $5.29B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 23.9× | 32.1× | 5th | Top 26% |
| P/E (forward) | 19.8× | — | — | — |
| EV / EBITDA | 14.4× | — | — | Top 40% |
| EV / Sales | 2.33× | — | — | Bottom 46% |
| Free-cash-flow yield | 6.37% | — | — | Top 22% |
| Earnings yield | 4.18% | — | — | Top 26% |
P/E over the past five years
Range 22.0× – 48.2× since Jul 2, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -20.0%
- Earnings per share growth (TTM)
- +10.6%
- Change in P/E multiple
- -10.1%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -6.6%
- 200-day average slope (20 days)
- -1.2%
- Distance from 50-day average
- -10.2%
- Distance from 200-day average
- -23.7%
- RSI (14)
- 26.8
- Relative volume
- 0.74×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 29.3%
- Volatility vs own 5-year history
- 83th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.45
- Correlation with S&P 500
- 0.28
- Current drawdown from 1-year high
- -37.4%
- Maximum drawdown, 3 years
- -37.5%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 7, 2022 | Oct 5, 2023 | -40.4% | 398 days | 450 days (Jul 24, 2025) |
| Mar 2, 2026 | Sep 29, 2026 | -37.5% | 146 days | Not yet recovered |
| Oct 22, 2021 | Dec 20, 2021 | -17.4% | 40 days | 47 days (Feb 28, 2022) |
| Nov 16, 2020 | Jan 29, 2021 | -14.2% | 50 days | 40 days (Mar 29, 2021) |
| Oct 8, 2025 | Dec 1, 2025 | -11.2% | 37 days | 23 days (Jan 5, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $44.06B
- P/E (TTM)
- 23.9
- EPS, diluted (TTM)
- $9.90
- Revenue (TTM)
- $22.93B
- Dividend yield
- 2.09%
- 52-week range
- $234.01 – $379.23
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $17.81B | $17.06B | $19.42B | $21.32B | $21.86B |
| Gross profit | $5.38B | $4.93B | $5.11B | $5.52B | $5.63B |
| Operating income | $2.11B | $1.93B | $1.80B | $2.02B | $2.15B |
| Net income | $1.85B | $1.06B | $1.23B | $1.50B | $1.61B |
| EPS (diluted) | $9.08 | $5.49 | $6.44 | $7.87 | $8.53 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.29B | $5.52B | $5.13B | $5.43B | $5.66B | $5.65B | $5.74B | $5.88B |
| Net income | $400.0M | $453.0M | $386.0M | $458.0M | $462.0M | $300.0M | $512.0M | $600.0M |
| EPS (diluted) | $2.10 | $2.37 | $2.04 | $2.44 | $2.46 | $1.59 | $2.72 | $3.13 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.69B | $2.16B | $2.10B | $2.56B | $3.11B |
| Capital expenditure | -$342.0M | -$252.0M | -$449.0M | -$408.0M | -$424.0M |
| Free cash flow | $2.35B | $1.91B | $1.65B | $2.15B | $2.68B |
| Dividends paid | -$817.0M | -$864.0M | -$868.0M | -$886.0M | -$903.0M |
| Net share buybacks | -$3.67B | -$1.08B | -$518.0M | -$554.0M | -$1.15B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.52B
- Total assets
- $42.94B
- Total liabilities
- $22.09B
- Total debt
- $11.00B
- Net debt
- $9.48B
- Shareholders’ equity
- $20.85B
As of Jul 3, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 4, 2026 | $1.25 | Sep 18, 2026 |
| Jun 5, 2026 | $1.25 | Jun 26, 2026 |
| Mar 6, 2026 | $1.25 | Mar 20, 2026 |
| Nov 17, 2025 | $1.20 | Dec 5, 2025 |
| Sep 5, 2025 | $1.20 | Sep 22, 2025 |
| Jun 3, 2025 | $1.20 | Jun 18, 2025 |
| Mar 10, 2025 | $1.20 | Mar 21, 2025 |
| Nov 18, 2024 | $1.16 | Dec 6, 2024 |
Short interest
- Shares sold short
- 4,482,179
- Days to cover
- 2.89
- Change vs previous report
- +12.9%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- May 11, 2009
- 1,250-for-1,181
- Mar 31, 2005
- 2-for-1
- Sep 29, 1997
- 2-for-1
- Sep 25, 1978
- 2-for-1
- Dec 23, 1976
- 2-for-1