L3HARRIS TECHNOLOGIES INC (1LHX.MI) Fundamental Analysis & Valuation

BIT:1LHX • US5024311095

Current stock price

306.7 EUR
-8.5 (-2.7%)
Last:

This 1LHX.MI fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. 1LHX.MI Profitability Analysis

1.1 Basic Checks

  • In the past year 1LHX was profitable.
  • In the past year 1LHX had a positive cash flow from operations.
  • Each year in the past 5 years 1LHX has been profitable.
  • In the past 5 years 1LHX always reported a positive cash flow from operatings.
1LHX.MI Yearly Net Income VS EBIT VS OCF VS FCF1LHX.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

1.2 Ratios

  • 1LHX has a Return On Assets (3.90%) which is in line with its industry peers.
  • The Return On Equity of 1LHX (8.18%) is worse than 61.02% of its industry peers.
  • With a Return On Invested Capital value of 7.91%, 1LHX perfoms like the industry average, outperforming 59.32% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1LHX is below the industry average of 9.92%.
  • The 3 year average ROIC (6.43%) for 1LHX is below the current ROIC(7.91%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 3.9%
ROE 8.18%
ROIC 7.91%
ROA(3y)3.47%
ROA(5y)3.78%
ROE(3y)7.47%
ROE(5y)7.55%
ROIC(3y)6.43%
ROIC(5y)6.5%
1LHX.MI Yearly ROA, ROE, ROIC1LHX.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20 25

1.3 Margins

  • Looking at the Profit Margin, with a value of 7.35%, 1LHX is in the better half of the industry, outperforming 61.02% of the companies in the same industry.
  • 1LHX's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 13.83%, 1LHX is in the better half of the industry, outperforming 76.27% of the companies in the same industry.
  • 1LHX's Operating Margin has improved in the last couple of years.
  • The Gross Margin of 1LHX (25.73%) is comparable to the rest of the industry.
  • In the last couple of years the Gross Margin of 1LHX has declined.
Industry RankSector Rank
OM 13.83%
PM (TTM) 7.35%
GM 25.73%
OM growth 3Y4.28%
OM growth 5Y4.73%
PM growth 3Y5.67%
PM growth 5Y3.61%
GM growth 3Y-3.78%
GM growth 5Y-2.48%
1LHX.MI Yearly Profit, Operating, Gross Margins1LHX.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

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5

2. 1LHX.MI Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1LHX is destroying value.
  • Compared to 1 year ago, 1LHX has less shares outstanding
  • The number of shares outstanding for 1LHX has been reduced compared to 5 years ago.
  • Compared to 1 year ago, 1LHX has an improved debt to assets ratio.
1LHX.MI Yearly Shares Outstanding1LHX.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
1LHX.MI Yearly Total Debt VS Total Assets1LHX.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • 1LHX has an Altman-Z score of 2.84. This is not the best score and indicates that 1LHX is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.84, 1LHX perfoms like the industry average, outperforming 47.46% of the companies in the same industry.
  • 1LHX has a debt to FCF ratio of 4.14. This is a neutral value as 1LHX would need 4.14 years to pay back of all of its debts.
  • 1LHX's Debt to FCF ratio of 4.14 is fine compared to the rest of the industry. 1LHX outperforms 64.41% of its industry peers.
  • 1LHX has a Debt/Equity ratio of 0.53. This is a neutral value indicating 1LHX is somewhat dependend on debt financing.
  • 1LHX has a Debt to Equity ratio (0.53) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 4.14
Altman-Z 2.84
ROIC/WACC0.78
WACC10.15%
1LHX.MI Yearly LT Debt VS Equity VS FCF1LHX.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B 20B

2.3 Liquidity

  • 1LHX has a Current Ratio of 1.19. This is a normal value and indicates that 1LHX is financially healthy and should not expect problems in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 1.19, 1LHX is in line with its industry, outperforming 47.46% of the companies in the same industry.
  • A Quick Ratio of 1.02 indicates that 1LHX should not have too much problems paying its short term obligations.
  • 1LHX has a Quick ratio of 1.02. This is in the better half of the industry: 1LHX outperforms 66.10% of its industry peers.
Industry RankSector Rank
Current Ratio 1.19
Quick Ratio 1.02
1LHX.MI Yearly Current Assets VS Current Liabilites1LHX.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

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4

3. 1LHX.MI Growth Analysis

3.1 Past

  • 1LHX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.00%.
  • The Earnings Per Share has been decreasing by -1.53% on average over the past years.
  • The Revenue has been growing slightly by 2.53% in the past year.
  • Measured over the past years, 1LHX shows a small growth in Revenue. The Revenue has been growing by 3.74% on average per year.
EPS 1Y (TTM)-18%
EPS 3Y-5.85%
EPS 5Y-1.53%
EPS Q2Q%-17.58%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y8.62%
Revenue growth 5Y3.74%
Sales Q2Q%2.26%

3.2 Future

  • The Earnings Per Share is expected to grow by 10.70% on average over the next years. This is quite good.
  • Based on estimates for the next years, 1LHX will show a small growth in Revenue. The Revenue will grow by 6.77% on average per year.
EPS Next Y8.92%
EPS Next 2Y12.44%
EPS Next 3Y13.41%
EPS Next 5Y10.7%
Revenue Next Year6.64%
Revenue Next 2Y7.11%
Revenue Next 3Y7.3%
Revenue Next 5Y6.77%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1LHX.MI Yearly Revenue VS Estimates1LHX.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B
1LHX.MI Yearly EPS VS Estimates1LHX.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10 15

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4

4. 1LHX.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • 1LHX is valuated quite expensively with a Price/Earnings ratio of 33.67.
  • 1LHX's Price/Earnings ratio is a bit cheaper when compared to the industry. 1LHX is cheaper than 69.49% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.35. 1LHX is valued slightly more expensive when compared to this.
  • A Price/Forward Earnings ratio of 30.90 indicates a quite expensive valuation of 1LHX.
  • The rest of the industry has a similar Price/Forward Earnings ratio as 1LHX.
  • 1LHX is valuated rather expensively when we compare the Price/Forward Earnings ratio to 22.23, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 33.67
Fwd PE 30.9
1LHX.MI Price Earnings VS Forward Price Earnings1LHX.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • 67.80% of the companies in the same industry are more expensive than 1LHX, based on the Enterprise Value to EBITDA ratio.
  • 1LHX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 1LHX is cheaper than 86.44% of the companies in the same industry.
Industry RankSector Rank
P/FCF 25.2
EV/EBITDA 18.27
1LHX.MI Per share data1LHX.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40 60 80

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • 1LHX has a very decent profitability rating, which may justify a higher PE ratio.
  • 1LHX's earnings are expected to grow with 13.41% in the coming years. This may justify a more expensive valuation.
PEG (NY)3.77
PEG (5Y)N/A
EPS Next 2Y12.44%
EPS Next 3Y13.41%

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4

5. 1LHX.MI Dividend Analysis

5.1 Amount

  • 1LHX has a Yearly Dividend Yield of 1.41%.
  • 1LHX's Dividend Yield is rather good when compared to the industry average which is at 0.88. 1LHX pays more dividend than 81.36% of the companies in the same industry.
  • Compared to the average S&P500 Dividend Yield of 1.82, 1LHX is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.41%

5.2 History

  • The dividend of 1LHX is nicely growing with an annual growth rate of 15.97%!
Dividend Growth(5Y)15.97%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

  • 1LHX pays out 56.23% of its income as dividend. This is a bit on the high side, but may be sustainable.
  • 1LHX's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.23%
EPS Next 2Y12.44%
EPS Next 3Y13.41%
1LHX.MI Yearly Income VS Free CF VS Dividend1LHX.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B 2.5B
1LHX.MI Dividend Payout.1LHX.MI Dividend Payout, showing the Payout Ratio.1LHX.MI Dividend Payout.PayoutRetained Earnings

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1LHX.MI Fundamentals: All Metrics, Ratios and Statistics

L3HARRIS TECHNOLOGIES INC

BIT:1LHX (4/7/2026, 7:00:00 PM)

306.7

-8.5 (-2.7%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)01-29
Earnings (Next)04-30
Inst Owners89.09%
Inst Owner ChangeN/A
Ins Owners0.32%
Ins Owner ChangeN/A
Market Cap57.29B
Revenue(TTM)21.86B
Net Income(TTM)1.61B
Analysts80.8
Price Target338.99 (10.53%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.41%
Yearly Dividend4.06
Dividend Growth(5Y)15.97%
DP56.23%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.11%
Min EPS beat(2)2.44%
Max EPS beat(2)3.77%
EPS beat(4)4
Avg EPS beat(4)4.87%
Min EPS beat(4)2.44%
Max EPS beat(4)10.32%
EPS beat(8)8
Avg EPS beat(8)3.37%
EPS beat(12)10
Avg EPS beat(12)2.54%
EPS beat(16)12
Avg EPS beat(16)1.69%
Revenue beat(2)1
Avg Revenue beat(2)-0.84%
Min Revenue beat(2)-3.2%
Max Revenue beat(2)1.52%
Revenue beat(4)2
Avg Revenue beat(4)-0.83%
Min Revenue beat(4)-3.2%
Max Revenue beat(4)1.52%
Revenue beat(8)3
Avg Revenue beat(8)-0.58%
Revenue beat(12)6
Avg Revenue beat(12)0.66%
Revenue beat(16)7
Avg Revenue beat(16)0.18%
PT rev (1m)4.99%
PT rev (3m)13.54%
EPS NQ rev (1m)0.89%
EPS NQ rev (3m)-6.2%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)-6.99%
Revenue NQ rev (1m)0.7%
Revenue NQ rev (3m)-0.07%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.59%
Valuation
Industry RankSector Rank
PE 33.67
Fwd PE 30.9
P/S 3.09
P/FCF 25.2
P/OCF 21.76
P/B 3.44
P/tB N/A
EV/EBITDA 18.27
EPS(TTM)9.11
EY2.97%
EPS(NY)9.93
Fwd EY3.24%
FCF(TTM)12.17
FCFY3.97%
OCF(TTM)14.1
OCFY4.6%
SpS99.23
BVpS89.11
TBVpS-31.24
PEG (NY)3.77
PEG (5Y)N/A
Graham Number135.146 (-55.94%)
Profitability
Industry RankSector Rank
ROA 3.9%
ROE 8.18%
ROCE 8.9%
ROIC 7.91%
ROICexc 8.17%
ROICexgc 42.13%
OM 13.83%
PM (TTM) 7.35%
GM 25.73%
FCFM 12.27%
ROA(3y)3.47%
ROA(5y)3.78%
ROE(3y)7.47%
ROE(5y)7.55%
ROIC(3y)6.43%
ROIC(5y)6.5%
ROICexc(3y)6.58%
ROICexc(5y)6.68%
ROICexgc(3y)35.28%
ROICexgc(5y)40.49%
ROCE(3y)7.36%
ROCE(5y)7.39%
ROICexgc growth 3Y-6.53%
ROICexgc growth 5Y2.04%
ROICexc growth 3Y5.88%
ROICexc growth 5Y7.67%
OM growth 3Y4.28%
OM growth 5Y4.73%
PM growth 3Y5.67%
PM growth 5Y3.61%
GM growth 3Y-3.78%
GM growth 5Y-2.48%
F-Score8
Asset Turnover0.53
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 4.14
Debt/EBITDA 2.46
Cap/Depr 34.64%
Cap/Sales 1.94%
Interest Coverage 5.01
Cash Conversion 73.12%
Profit Quality 167%
Current Ratio 1.19
Quick Ratio 1.02
Altman-Z 2.84
F-Score8
WACC10.15%
ROIC/WACC0.78
Cap/Depr(3y)34.93%
Cap/Depr(5y)33.41%
Cap/Sales(3y)2.05%
Cap/Sales(5y)1.91%
Profit Quality(3y)148.15%
Profit Quality(5y)150.19%
High Growth Momentum
Growth
EPS 1Y (TTM)-18%
EPS 3Y-5.85%
EPS 5Y-1.53%
EPS Q2Q%-17.58%
EPS Next Y8.92%
EPS Next 2Y12.44%
EPS Next 3Y13.41%
EPS Next 5Y10.7%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y8.62%
Revenue growth 5Y3.74%
Sales Q2Q%2.26%
Revenue Next Year6.64%
Revenue Next 2Y7.11%
Revenue Next 3Y7.3%
Revenue Next 5Y6.77%
EBIT growth 1Y29.01%
EBIT growth 3Y13.27%
EBIT growth 5Y8.65%
EBIT Next Year26.95%
EBIT Next 3Y14.56%
EBIT Next 5Y9.2%
FCF growth 1Y24.69%
FCF growth 3Y12.06%
FCF growth 5Y2.06%
OCF growth 1Y21.38%
OCF growth 3Y12.91%
OCF growth 5Y2.17%

L3HARRIS TECHNOLOGIES INC / 1LHX.MI Fundamental Analysis FAQ

What is the ChartMill fundamental rating of L3HARRIS TECHNOLOGIES INC (1LHX.MI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to 1LHX.MI.


What is the valuation status of L3HARRIS TECHNOLOGIES INC (1LHX.MI) stock?

ChartMill assigns a valuation rating of 4 / 10 to L3HARRIS TECHNOLOGIES INC (1LHX.MI). This can be considered as Fairly Valued.


Can you provide the profitability details for L3HARRIS TECHNOLOGIES INC?

L3HARRIS TECHNOLOGIES INC (1LHX.MI) has a profitability rating of 6 / 10.


What is the valuation of L3HARRIS TECHNOLOGIES INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for L3HARRIS TECHNOLOGIES INC (1LHX.MI) is 33.67 and the Price/Book (PB) ratio is 3.44.


Is the dividend of L3HARRIS TECHNOLOGIES INC sustainable?

The dividend rating of L3HARRIS TECHNOLOGIES INC (1LHX.MI) is 4 / 10 and the dividend payout ratio is 56.23%.