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

BIT:1LHX • US5024311095

288.4 EUR
-5.2 (-1.77%)
Last: Feb 4, 2026, 07:00 PM

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

Fundamental Rating

5

1LHX gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 49 industry peers in the Aerospace & Defense industry. 1LHX has only an average score on both its financial health and profitability. 1LHX is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

6

1. 1LHX.MI Profitability Analysis

1.1 Basic Checks

  • 1LHX had positive earnings in the past year.
  • In the past year 1LHX had a positive cash flow from operations.
  • In the past 5 years 1LHX has always 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 comparable to the rest of the industry.
  • 1LHX has a Return On Equity (8.18%) which is in line with its industry peers.
  • 1LHX has a Return On Invested Capital of 6.38%. This is comparable to the rest of the industry: 1LHX outperforms 48.15% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for 1LHX is below the industry average of 9.91%.
  • The last Return On Invested Capital (6.38%) for 1LHX is above the 3 year average (5.90%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 3.9%
ROE 8.18%
ROIC 6.38%
ROA(3y)3.47%
ROA(5y)3.78%
ROE(3y)7.47%
ROE(5y)7.55%
ROIC(3y)5.9%
ROIC(5y)6.18%
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 64.81% of the companies in the same industry.
  • In the last couple of years the Profit Margin of 1LHX has grown nicely.
  • Looking at the Operating Margin, with a value of 11.14%, 1LHX is in the better half of the industry, outperforming 74.07% of the companies in the same industry.
  • In the last couple of years the Operating Margin of 1LHX has remained more or less at the same level.
  • Looking at the Gross Margin, with a value of 25.73%, 1LHX is in line with its industry, outperforming 46.30% of the companies in the same industry.
  • In the last couple of years the Gross Margin of 1LHX has declined.
Industry RankSector Rank
OM 11.14%
PM (TTM) 7.35%
GM 25.73%
OM growth 3Y-3.2%
OM growth 5Y0.16%
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

  • 1LHX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, 1LHX has less shares outstanding
  • 1LHX has less shares outstanding than it did 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

  • The Debt to FCF ratio of 1LHX is 3.89, which is a good value as it means it would take 1LHX, 3.89 years of fcf income to pay off all of its debts.
  • 1LHX has a better Debt to FCF ratio (3.89) than 64.81% of its industry peers.
  • A Debt/Equity ratio of 0.53 indicates that 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 3.89
Altman-Z N/A
ROIC/WACC0.68
WACC9.4%
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

  • A Current Ratio of 1.19 indicates that 1LHX should not have too much problems paying its short term obligations.
  • 1LHX has a Current ratio (1.19) which is in line with its industry peers.
  • A Quick Ratio of 1.02 indicates that 1LHX should not have too much problems paying its short term obligations.
  • With a decent Quick ratio value of 1.02, 1LHX is doing good in the industry, outperforming 68.52% of the companies in the same industry.
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

  • The earnings per share for 1LHX have decreased strongly by -18.00% in the last year.
  • Measured over the past years, 1LHX shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.53% on average per year.
  • 1LHX shows a small growth in Revenue. In the last year, the Revenue has grown by 2.53%.
  • 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

  • The Earnings Per Share is expected to grow by 9.77% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 6.06% on average over the next years.
EPS Next Y11.64%
EPS Next 2Y14.25%
EPS Next 3Y14.27%
EPS Next 5Y9.77%
Revenue Next Year6.38%
Revenue Next 2Y6.74%
Revenue Next 3Y6.59%
Revenue Next 5Y6.06%

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 5B 10B 15B 20B 25B
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

4

4. 1LHX.MI Valuation Analysis

4.1 Price/Earnings Ratio

  • 1LHX is valuated quite expensively with a Price/Earnings ratio of 31.83.
  • Compared to the rest of the industry, the Price/Earnings ratio of 1LHX indicates a somewhat cheap valuation: 1LHX is cheaper than 79.63% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of 1LHX to the average of the S&P500 Index (26.29), we can say 1LHX is valued slightly more expensively.
  • 1LHX is valuated quite expensively with a Price/Forward Earnings ratio of 28.51.
  • 62.96% of the companies in the same industry are more expensive than 1LHX, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.57, 1LHX is valued at the same level.
Industry RankSector Rank
PE 31.83
Fwd PE 28.51
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

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1LHX is on the same level as its industry peers.
  • 1LHX's Price/Free Cash Flow ratio is rather cheap when compared to the industry. 1LHX is cheaper than 87.04% of the companies in the same industry.
Industry RankSector Rank
P/FCF 23.86
EV/EBITDA 20.04
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 1LHX does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of 1LHX may justify a higher PE ratio.
  • 1LHX's earnings are expected to grow with 14.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.73
PEG (5Y)N/A
EPS Next 2Y14.25%
EPS Next 3Y14.27%

4

5. 1LHX.MI Dividend Analysis

5.1 Amount

  • 1LHX has a Yearly Dividend Yield of 1.47%.
  • Compared to an average industry Dividend Yield of 0.79, 1LHX pays a bit more dividend than its industry peers.
  • 1LHX's Dividend Yield is comparable with the S&P500 average which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.47%

5.2 History

  • On average, the dividend of 1LHX grows each year by 15.96%, which is quite nice.
Dividend Growth(5Y)15.96%
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.
  • The dividend of 1LHX is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP56.23%
EPS Next 2Y14.25%
EPS Next 3Y14.27%
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 (2/4/2026, 7:00:00 PM)

288.4

-5.2 (-1.77%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)01-29
Earnings (Next)04-22
Inst Owners89.22%
Inst Owner ChangeN/A
Ins Owners0.32%
Ins Owner ChangeN/A
Market Cap53.95B
Revenue(TTM)21.86B
Net Income(TTM)1.61B
Analysts80.8
Price Target322.86 (11.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.47%
Yearly Dividend4.04
Dividend Growth(5Y)15.96%
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)13.1%
PT rev (3m)N/A
EPS NQ rev (1m)-7.12%
EPS NQ rev (3m)-7.45%
EPS NY rev (1m)-4.67%
EPS NY rev (3m)-3.61%
Revenue NQ rev (1m)-1.15%
Revenue NQ rev (3m)-1.08%
Revenue NY rev (1m)0.34%
Revenue NY rev (3m)1.45%
Valuation
Industry RankSector Rank
PE 31.83
Fwd PE 28.51
P/S 2.93
P/FCF 23.86
P/OCF 20.6
P/B 3.26
P/tB N/A
EV/EBITDA 20.04
EPS(TTM)9.06
EY3.14%
EPS(NY)10.12
Fwd EY3.51%
FCF(TTM)12.09
FCFY4.19%
OCF(TTM)14
OCFY4.85%
SpS98.54
BVpS88.49
TBVpS-31.03
PEG (NY)2.73
PEG (5Y)N/A
Graham Number134.31
Profitability
Industry RankSector Rank
ROA 3.9%
ROE 8.18%
ROCE 7.17%
ROIC 6.38%
ROICexc 6.58%
ROICexgc 33.94%
OM 11.14%
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)5.9%
ROIC(5y)6.18%
ROICexc(3y)6.03%
ROICexc(5y)6.35%
ROICexgc(3y)32.47%
ROICexgc(5y)38.81%
ROCE(3y)6.76%
ROCE(5y)7.03%
ROICexgc growth 3Y-13.23%
ROICexgc growth 5Y-2.41%
ROICexc growth 3Y-1.72%
ROICexc growth 5Y2.97%
OM growth 3Y-3.2%
OM growth 5Y0.16%
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 3.89
Debt/EBITDA 2.85
Cap/Depr 34.64%
Cap/Sales 1.94%
Interest Coverage 250
Cash Conversion 84.86%
Profit Quality 167%
Current Ratio 1.19
Quick Ratio 1.02
Altman-Z N/A
F-Score8
WACC9.4%
ROIC/WACC0.68
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 Y11.64%
EPS Next 2Y14.25%
EPS Next 3Y14.27%
EPS Next 5Y9.77%
Revenue 1Y (TTM)2.53%
Revenue growth 3Y8.62%
Revenue growth 5Y3.74%
Sales Q2Q%2.26%
Revenue Next Year6.38%
Revenue Next 2Y6.74%
Revenue Next 3Y6.59%
Revenue Next 5Y6.06%
EBIT growth 1Y3.92%
EBIT growth 3Y5.14%
EBIT growth 5Y3.91%
EBIT Next Year25.66%
EBIT Next 3Y4.12%
EBIT Next 5Y9.3%
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 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.


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

L3HARRIS TECHNOLOGIES INC (1LHX.MI) has a profitability rating of 6 / 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 11.64% in the next year.