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

BIT:1LHX • US5024311095

Current stock price

315.2 EUR
-3.8 (-1.19%)
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.
  • Each year in the past 5 years 1LHX had a positive operating cash flow.
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's Return On Assets of 3.90% is in line compared to the rest of the industry. 1LHX outperforms 49.15% of its industry peers.
  • The Return On Equity of 1LHX (8.18%) is worse than 66.10% of its industry peers.
  • The Return On Invested Capital of 1LHX (7.91%) is comparable to the rest of the industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for 1LHX is below the industry average of 9.83%.
  • The last Return On Invested Capital (7.91%) for 1LHX is above the 3 year average (6.43%), which is a sign of increasing profitability.
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

  • 1LHX has a better Profit Margin (7.35%) than 62.71% of its industry peers.
  • 1LHX's Profit Margin has improved in the last couple of years.
  • 1LHX has a Operating Margin of 13.83%. This is in the better half of the industry: 1LHX outperforms 77.97% of its industry peers.
  • 1LHX's Operating Margin has improved in the last couple of years.
  • 1LHX has a Gross Margin (25.73%) which is in line with its industry peers.
  • 1LHX's Gross Margin has declined in the last couple of years.
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

5

2. 1LHX.MI Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), 1LHX is destroying value.
  • Compared to 1 year ago, 1LHX has less shares outstanding
  • Compared to 5 years ago, 1LHX has less shares outstanding
  • 1LHX has a better debt/assets ratio than last year.
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

  • An Altman-Z score of 2.85 indicates that 1LHX is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • 1LHX has a Altman-Z score of 2.85. This is comparable to the rest of the industry: 1LHX outperforms 54.24% of its industry peers.
  • The Debt to FCF ratio of 1LHX is 4.14, which is a neutral value as it means it would take 1LHX, 4.14 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.14, 1LHX is in the better half of the industry, outperforming 64.41% of the companies in the same industry.
  • A Debt/Equity ratio of 0.53 indicates that 1LHX is somewhat dependend on debt financing.
  • 1LHX has a Debt to Equity ratio of 0.53. This is comparable to the rest of the industry: 1LHX outperforms 42.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 4.14
Altman-Z 2.85
ROIC/WACC0.81
WACC9.81%
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 52.54% 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.
  • The Quick ratio of 1LHX (1.02) is better than 71.19% 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

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.
  • 1LHX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.74% yearly.
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

  • Based on estimates for the next years, 1LHX will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.70% on average per year.
  • 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 Y8.95%
EPS Next 2Y12.46%
EPS Next 3Y13.31%
EPS Next 5Y10.7%
Revenue Next Year6.56%
Revenue Next 2Y7%
Revenue Next 3Y7.13%
Revenue Next 5Y6.77%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • 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

3

4. 1LHX.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 33.89 indicates a quite expensive valuation of 1LHX.
  • 67.80% of the companies in the same industry are more expensive than 1LHX, based on the Price/Earnings ratio.
  • 1LHX is valuated rather expensively when we compare the Price/Earnings ratio to 25.50, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 31.10 indicates a quite expensive valuation of 1LHX.
  • 1LHX's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of 1LHX to the average of the S&P500 Index (22.67), we can say 1LHX is valued slightly more expensively.
Industry RankSector Rank
PE 33.89
Fwd PE 31.1
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

  • Based on the Enterprise Value to EBITDA ratio, 1LHX is valued a bit cheaper than 64.41% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, 1LHX is valued a bit cheaper than 79.66% of the companies in the same industry.
Industry RankSector Rank
P/FCF 25.36
EV/EBITDA 18.38
1LHX.MI Per share data1LHX.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40 60 80 100

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1LHX does not grow enough to justify the current Price/Earnings ratio.
  • 1LHX has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as 1LHX's earnings are expected to grow with 13.31% in the coming years.
PEG (NY)3.79
PEG (5Y)N/A
EPS Next 2Y12.46%
EPS Next 3Y13.31%

4

5. 1LHX.MI Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.37%, 1LHX has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 0.73, 1LHX pays a bit more dividend than its industry peers.
  • 1LHX's Dividend Yield is slightly below the S&P500 average, which is at 1.89.
Industry RankSector Rank
Dividend Yield 1.37%

5.2 History

  • On average, the dividend of 1LHX grows each year by 15.97%, which is quite nice.
Dividend Growth(5Y)15.97%
Div Incr YearsN/A
Div Non Decr YearsN/A

5.3 Sustainability

  • 56.23% of the earnings are spent on dividend by 1LHX. 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 2Y12.46%
EPS Next 3Y13.31%
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

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

L3HARRIS TECHNOLOGIES INC

BIT:1LHX (3/13/2026, 7:00:00 PM)

315.2

-3.8 (-1.19%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners89%
Inst Owner ChangeN/A
Ins Owners0.33%
Ins Owner ChangeN/A
Market Cap58.87B
Revenue(TTM)21.86B
Net Income(TTM)1.61B
Analysts80.8
Price Target331.47 (5.16%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.37%
Yearly Dividend4.15
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)2.66%
PT rev (3m)16.11%
EPS NQ rev (1m)0.09%
EPS NQ rev (3m)-5.84%
EPS NY rev (1m)-2.41%
EPS NY rev (3m)-6.58%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)-0.39%
Revenue NY rev (1m)0.17%
Revenue NY rev (3m)0.54%
Valuation
Industry RankSector Rank
PE 33.89
Fwd PE 31.1
P/S 3.11
P/FCF 25.36
P/OCF 21.9
P/B 3.46
P/tB N/A
EV/EBITDA 18.38
EPS(TTM)9.3
EY2.95%
EPS(NY)10.14
Fwd EY3.22%
FCF(TTM)12.43
FCFY3.94%
OCF(TTM)14.39
OCFY4.57%
SpS101.31
BVpS90.98
TBVpS-31.9
PEG (NY)3.79
PEG (5Y)N/A
Graham Number137.97
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 2.85
F-Score8
WACC9.81%
ROIC/WACC0.81
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 Y8.95%
EPS Next 2Y12.46%
EPS Next 3Y13.31%
EPS Next 5Y10.7%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y8.62%
Revenue growth 5Y3.74%
Sales Q2Q%2.26%
Revenue Next Year6.56%
Revenue Next 2Y7%
Revenue Next 3Y7.13%
Revenue Next 5Y6.77%
EBIT growth 1Y29.01%
EBIT growth 3Y13.27%
EBIT growth 5Y8.65%
EBIT Next Year26.95%
EBIT Next 3Y14.37%
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 4 / 10 to 1LHX.MI.


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

ChartMill assigns a valuation rating of 3 / 10 to L3HARRIS TECHNOLOGIES INC (1LHX.MI). This can be considered as Overvalued.


How profitable is L3HARRIS TECHNOLOGIES INC (1LHX.MI) stock?

L3HARRIS TECHNOLOGIES INC (1LHX.MI) has a profitability rating of 5 / 10.


What is the financial health of L3HARRIS TECHNOLOGIES INC (1LHX.MI) stock?

The financial health rating of L3HARRIS TECHNOLOGIES INC (1LHX.MI) is 5 / 10.


Can you provide the expected EPS growth for 1LHX stock?

The Earnings per Share (EPS) of L3HARRIS TECHNOLOGIES INC (1LHX.MI) is expected to grow by 8.95% in the next year.