Loading company financials…
NEW YORK STOCK EXCHANGE, INC. · Aerospace & Defense · CIK 0000202058
$254.23
+2.70% · delayed ~15 min
Last price from Oct 22, 2026
$47.50B market value
From L3HARRIS TECHNOLOGIES, INC. /DE/'s FY2026 10-K, filed Feb 12, 2026 · read the filing
L3HARRIS TECHNOLOGIES, /DE/ makes measuring and control instruments.
The financial picture is led by profitability, with debt worth watching.
A conclusion from the filings, not a recommendation. Detailed figures and supporting evidence appear in their dedicated sections below.
Financial health
Strong finances across the board.
From L3HARRIS TECHNOLOGIES, INC. /DE/'s FY2026 annual filing · share price scored separately
Largest year-over-year changes in FY2026
Cash
$615.0M → $1.07B
Free cash flow
$2.15B → $2.68B
Operating income
$1.92B → $2.11B
Profit
$1.50B → $1.61B
Measured against FY2025, from the 10-K filed Feb 12, 2026
Improved: +73.8%
$615.0M to $1.07BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
How the latest move compares (quote delayed ~15 min), and what was published around it
LHX rose 2.70% on the latest quote. The average Technology company tracked here moved −1.31%, and the S&P 500 −1.04%. That is 4.0 points above its sector and 3.7 points above the market.
Expectations
Not from the filings — what other people are betting on, and what the price already assumes.
The growth rate someone buying today is paying for, against what the company has delivered
At today's price, the market is paying for free cash flow to grow by about 6% a year for the next 10 years. Over the last 12 years it grew by about 13% a year.
The essentials
Each answered from the filings, with the numbers behind it.
Yes. It earned $1.61B last year.
Not enough history has been reported to judge growth.
Manageable, but notable. Clearing its debt would take about 3.0 years of cash flow. For every $1 it owes, it owns $1.91 in assets.
Core operating and valuation reference metrics
Whether the dividend is covered by what the business actually earns
It pays out 56 cents of every dollar of profit and keeps the rest, which leaves the payment comfortably covered. It paid out 29% of the cash its operations generated. It has paid in each of the last 5 years.
GoodFigures from the FY2026 annual filing
Last year it earned $1.61B and generated $3.11B of cash from operations.
Reported annual figures
As reported to the SEC, in USD. Hover or show sources to see where each figure came from.
| Income statement | FY202610-K · Feb 12, 2026Filing for FY2026 | FY202510-K · Feb 14, 2025Filing for FY2025 | FY202310-K · Feb 14, 2025Filing for FY2023 | FY202210-K · Feb 20, 2024Filing for FY2022 | FY202110-K · Feb 12, 2026Filing for FY2021 | ChangeFY2026 vs FY2025 |
|---|---|---|---|---|---|---|
| RevenueWhat is this? | — | $21.32B | $19.42B | $17.06B | $17.81B | — |
| Cost of revenue | — | $15.80B | $14.31B | $12.13B | $14.31B | — |
| Gross profit | — | $5.52B† | $5.11B† | $4.93B† | $3.51B† | — |
| Gross marginGross profit ÷ revenueWhat is this? | — | 25.9% | 26.3% | 28.9% | 19.7% | — |
| Selling, general and administrative | $3.43B | $3.57B | $3.31B | $3.00B | $3.28B | −3.9% |
| Operating income | $2.11B | $1.92B | $1.43B | $1.13B | $2.11B | +10.0% |
| Operating marginOperating income ÷ revenueWhat is this? | — | 9.0% | 7.3% | 6.6% | 11.8% | — |
| Interest expense | — | — | — | — | $270.0M | — |
| Income before tax | $1.93B | $1.60B | $1.22B | $1.27B | $2.28B | +21.0% |
| Net income | $1.61B | $1.50B | $1.23B | $1.06B | $1.85B | +6.9% |
| Net marginNet income ÷ revenueWhat is this? | — | 7.0% | 6.3% | 6.2% | 10.4% | — |
| Earnings per shareNet income ÷ shares outstanding at the period end — close to, but not the same as, the reported EPSWhat is this? | $8.60 | $7.91 | $6.46 | $5.57 | $9.54 | +8.6% |
† calculated from other reported figures, such as total liabilities as assets minus equity.
This company's latest filing beside its peers' stored scores
| Company | Health | F-Score | Revenue growth | Profit margin | P/E | Debt to equity |
|---|---|---|---|---|---|---|
| LHXL3HARRIS TECHNOLOGIES, INC. /DE/ · this page | 8.0/10 | 7/7 | — | — | 29.58x | 1.10x |
| GDGENERAL DYNAMICS CORP | 7.3/10 |
Insider activity, ownership stakes and what's coming — straight from EDGAR, before any article is written about it
Officers, directors and major shareholders must report within two business days of a trade.
Was granted or awarded shares — 184 shares at $238.40 ($43.7K)
Holds 5,913 shares after this filing.
Was granted or awarded shares — 157 shares at $238.40 ($37.5K)
Holds 2,987 shares after this filing.
20 recent filings, newest first. Each is labelled from its form and item numbers, not from its wording.
Had a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure · Reported another event
Read the filingWrite down why you are following L3HARRIS TECHNOLOGIES, INC. /DE/, what has to go right and what would change your mind, then see each new annual report measured against it. Sign in to start one.
Go deeper
Every figure above traces back to a filing in the timeline, each linked to the document itself.
The 126 subsidiaries named in its 10-K, incorporated across 40 places. A filer lists the significant ones and may leave the rest out, so this is the floor rather than the full count.
Every company's figures are checked for internal consistency: the balance sheet adding up, figures sharing one currency, cash flow and share counts within plausible ranges, and how recent the latest annual report is. Nothing here changes a figure.
Financial figures are from LHX's 10-K for fiscal year 2026 (period ending 2026-01-02, filed Feb 12, 2026), reported under the US GAAP taxonomy. View the source filing.
2 of 4 scored areas had enough reported figures to judge
The score averages profitability, growth, debt and accounting. Growth and Accounting had too few reported figures and are left out of the average rather than counted as a weakness, so a company is never marked down for a figure it did not publish. Cash generation is shown for context and already feeds profitability. Valuation is scored separately, because a share price says nothing about whether the business is sound. 7 of the 9 Piotroski checks could be evaluated. How the score works
Each year scored only from its annual report as it was first filed
| Fiscal year | Health | F-Score | Scored from |
|---|---|---|---|
| FY2026 | 8.0 | 7/7 | 10-K, filed Feb 12, 2026 |
| FY2025 | 4.0 | 3/3 | 10-K, filed Feb 14, 2025 |
| FY2023 | 6.0 | 5/9 | 10-K, filed Feb 20, 2024 |
| FY2022 | 7.0 | 5/9 | 10-K, filed Feb 24, 2023 |
| FY2021 | 10.0 | 7/9 | 10-K, filed Feb 25, 2022 |
| FY2020 | 7.3 | 4/7 | 10-K, filed Mar 1, 2021 |
A later restatement never reaches back into an earlier year, and every year is scored without a share price, so the latest point can differ a little from the headline score, which uses today's price.
Every check behind the three models, and what each one tests
7 of 7 checks passed
Nine yes-or-no tests of whether this year's finances improved on last year's. 2 could not be evaluated and are excluded from the total rather than counted as failures.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Distance from bankruptcy, from a model fitted on companies that did and did not go bust. It describes a balance sheet's shape today; it does not forecast a failure.
not reported — This company has not reported enough of the required figures to calculate this score.
This company has not reported enough of the required figures to calculate this score.
Screens eight accounting ratios for the pattern earnings manipulators tend to leave. A flag is a reason to read the filing closely, never evidence of wrongdoing.
Every figure above comes from the FY2026 filing as filed with the SEC.
Improved: +24.7%
$2.15B to $2.68BSignificant
Why it matters: Cash left after paying for the plant that produced it — the money genuinely available for dividends, buybacks or paying down debt. Harder to flatter than profit.
Improved: +10.0%
$1.92B to $2.11BNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +6.9%
$1.50B to $1.61BNotable
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +8.6%
$7.91 to $8.60Notable
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: -5.8%
$11.08B to $10.44BNotable
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: -1.6%
189.8M to 186.8MNotable
Why it matters: The company bought back stock, so each remaining holding owns slightly more of it. Worth checking it was not funded by borrowing.
Q2 FY2026 against Q2 FY2025, from the 10-Q filed Jul 30, 2026 — read it.
Improved: +215.6%
$482.0M to $1.52BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +31.0%
$458.0M to $600.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +31.5%
$2.45 to $3.22Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: -16.3%
$10.98B to $9.18BSignificant
Why it matters: Rising debt is not automatically bad — borrowing to build something that earns more than the interest is ordinary. It matters when it grows faster than the profit meant to service it.
Improved: +8.4%
$5.43B to $5.88BNotable
Why it matters: Sales are what everything else is built on. A fall can be lost customers, lower prices, or a business the company sold — the filing itself says which.
Improved: +12.5%
$1.33B to $1.50BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +14.5%
$571.0M to $654.0MNotable
Why it matters: Profit from running the business, before interest and tax. Less exposed than profit to one-off financing and tax items, so a clearer read on the business itself.
Improved: +1.8 pts
8.4% to 10.2%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
Q2 FY2026 against Q1 FY2026, from the 10-Q filed Jul 30, 2026 — read it. Quarter-to-quarter moves include seasonal swings — a retailer's holiday quarter — which the year-earlier comparison removes.
Improved: +157.8%
$590.0M to $1.52BCritical
Why it matters: A falling cash pile is only a warning if the company is consuming it. Paying down debt, buying back stock and paying a dividend all reduce cash by choice.
Improved: +17.2%
$512.0M to $600.0MSignificant
Why it matters: Profit swings far more than sales do, and one-off items — a legal settlement, a tax charge, an asset sale — move it without the underlying business changing.
Improved: +17.5%
$2.74 to $3.22Significant
Why it matters: Profit divided by the shares in issue at the period end, so it sits close to but not on the company's own reported figure. It can rise with no growth in profit when the company buys back stock — read it beside the share count.
Improved: +7.1%
$1.40B to $1.50BNotable
Why it matters: What is left of sales after the direct cost of producing them. It normally moves with revenue, so a move out of step with revenue is the part worth noticing.
Improved: +1.1 pts
24.4% to 25.5%Notable
Why it matters: What survives each sale before overheads. Falling gross margin usually means the company is discounting or its input costs rose — it is the earliest place pricing pressure shows.
Improved: +1.3 pts
8.9% to 10.2%Notable
Why it matters: What survives to the very end of each sale. Worth reading beside revenue: growing sales on a shrinking margin means the company is buying its growth.
2 other measures barely moved. Figures compare the two most recent annual filings — read the latest one. Moves are graded on fixed lines — 5%, 15% and 40% for amounts, and 1, 3 and 8 points for margins — as notable, significant or critical. Nothing here reads the management commentary, which is where a company explains its own numbers.
These coincide with the move in time. None is presented as its cause: a price can move on news that names no company, on the wider market, or on trading that no document records.
Filter by minute, hour, day or week — or compare against peers
Loading price history…
Discounted at 8%–10% a year, with growth settling to 2.5% after 10 years. Those rates are ordinary choices, not measurements: across that range the assumed growth works out between 4% and 9%. This describes what the price implies — it is not a forecast, and not a view on whether the price is right.
Opinions from 24 analysts covering this company, as of . Their views, not this site's.
Of 24 analysts publishing on this company, 6 say strong buy, 9 say buy and 9 say hold. Analysts are paid to publish a view and are wrong often; the split above says how much they agree with each other, which is the part a single headline rating hides.
Published by Finnhub. Analyst coverage skews towards larger companies and towards optimism — sell ratings are rare across the whole market, so a company with none is ordinary rather than endorsed.
Measured on and published about a week later — this is a fortnightly snapshot, not a live position.
About 2.4% of this company's shares have been borrowed and sold by people expecting to buy them back cheaper. That is a bet the price falls. Those people can be wrong, and when a heavily shorted share rises they have to buy it back, which pushes it up further.
Collected by FINRA from broker-dealers twice a month. It counts positions, not intentions, and some of it is hedging rather than a directional bet against the company.
Nothing in this section is a figure this company reported about itself. These are expectations and positions — what the price implies, what analysts have published, what short sellers are betting, and what large funds held at the last count. WylthIQ reports them; it does not endorse them, does not forecast prices, and takes no view on whether any of them will turn out to be right.
The trailing P/E is 23.4x — investors pay $23.4 for each $1 of trailing profit.
This company has not reported enough of the required figures to calculate this score.
| 8/8 |
| 10.1% |
| 8.0% |
| 22.53x |
| 1.23x |
| NOCNORTHROP GRUMMAN CORP /DE/ | 7.3/10 | 7/8 | 2.2% | 10.0% | 18.75x | 2.08x |
|---|
| HWMHowmet Aerospace Inc. | 9.0/10 | 8/9 | 11.1% | 18.3% | 51.48x | 1.09x |
|---|
| TDGTransDigm Group INC | 7.0/10 | 7/9 | 11.2% | 23.5% | 31.00x | -3.36x |
|---|
| HEIHEICO CORP | 10.0/10 | 8/9 | 16.3% | 15.4% | 60.43x | 0.85x |
|---|
| AXONAXON ENTERPRISE, INC. | 6.0/10 | 5/9 | 33.5% | 4.5% | 266.78x | 1.16x |
|---|
| Median of peers | 7.3/10 | — | 11.1% | 12.7% | 41.24x | 1.12x |
|---|
Peers come from the company's industry classification. A difference describes the companies; it does not rank them.
Was granted or awarded shares — 157 shares at $238.40 ($37.5K)
Holds 6,453 shares after this filing.
Notice filed ahead of a planned sale — the sale itself has not necessarily happened yet.
Filed notice to sell 18,000 shares ($4.4M) on or after .
Shares originally obtained via Acquired as compensation -- Restricted Stock Units.
Filed notice to sell 21,916 shares ($5.4M) on or after .
Shares originally obtained via Acquired as compensation -- Restricted Stock Units.
Not investment advice, and not a signal to act on by itself — a filing says what happened, not why, and insiders trade for ordinary reasons having nothing to do with where they think the company is headed.
Quarterly report for Q2 FY2026
Revenue +8.4% · Profit margin +1.8 pts · Cash +215.6% — against Q2 FY2025
Published results
Read the filingHad a director or senior officer leave or join
Read the filingHeld a shareholder vote
Read the filingQuarterly report for Q1 FY2026
Revenue +11.9% · Operating margin +1.1 pts · Free cash flow $93.0M wider — against Q1 FY2025
Read the filingPublished results
Read the filingReported another event
Read the filingProxy statement for a shareholder meeting
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingHad a director or senior officer leave or join · Made a Regulation FD disclosure
Read the filingAnnual report for FY2026
Cash +73.8% · Free cash flow +24.7% · Operating income +10.0% — against FY2025
Read the filingReported another event
Read the filingPublished results
Read the filingHad a director or senior officer leave or join · Reported another event
Read the filingQuarterly report for Q3 FY2025
Revenue +6.9% · Operating margin +1.6 pts · Operating income +25.5% — against Q3 FY2024
Read the filingPublished results
Read the filingQuarterly report for Q2 FY2025
Operating margin +1.5 pts · Operating income +20.0% · Profit +25.1% — against Q2 FY2024
Read the filingPublished results
Read the filingThe first 40 of 126. The rest are in the exhibit.
Source: Exhibit 21 of the 10-K filed 2026-02-12. These are legal entities, not brands or acquisitions — a company that bought a business may hold it inside an entity named here, or inside one small enough that the rule does not require naming it at all.
Coverage from the last 30 days
Did New Missile Plant Just Shift L3Harris Technologies (LHX) Investment Narrative?
Yahoo ·
L3Harris Technologies, Inc. Appoints Kimberly Fields to Board of Directors on October 21, 2026
Fintel ·
Electronic Warfare Systems Market Size, Share, Growth Analysis, and Forecast, 2026-2035 | AI-Enabled, Multi-Domain Defense Demand to Drive 12.8% CAGR and USD 55.8 Billion by 2035
Yahoo ·
Global Signals Intelligence (SIGINT) Market Size, Share, Growth, and Forecast 2026-2035 | Defense Modernization and AI Push Signals Intelligence Toward a $60 Billion Market
Yahoo ·
L3Harris (LHX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Yahoo ·
MCM Unveils Next Generation of Its Intelligent Operational Readiness Platform at IACP 2026
Yahoo ·
Why Did L3Harris Technologies (LHX) Land A $876 Million Navy Jammer Contract?
Yahoo ·
Guidance Raise And Momentum - Garmin Stock Has Both
Yahoo ·
L3Harris Appoints ATI Chair, President and Chief Executive Officer Kimberly Fields to Board of Directors
Yahoo ·
Palantir Makes Sovereignty Its Selling Point After Ukraine's Starlink Disruptions
Benzinga ·
What Is Drawing Fresh Attention To L3Harris Technologies (LHX)?
Yahoo ·
Why Did Planet Labs Stock Fall?
Yahoo ·
Primary sources and further research