L3Harris Technologies, Inc.

WBAG:LHXT Stock Report

Market Cap: €38.8b

L3Harris Technologies Past Earnings Performance

Past criteria checks 0/6

L3Harris Technologies's earnings have been declining at an average annual rate of -6.2%, while the Aerospace & Defense industry saw earnings growing at 19.3% annually. Revenues have been growing at an average rate of 1.4% per year. L3Harris Technologies's return on equity is 6.2%, and it has net margins of 5.7%.

Key information

-6.2%

Earnings growth rate

-2.8%

EPS growth rate

Aerospace & Defense Industry Growth13.2%
Revenue growth rate1.4%
Return on equity6.2%
Net Margin5.7%
Last Earnings Update27 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How L3Harris Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

WBAG:LHXT Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
27 Sep 2421,1421,2073,1390
28 Jun 2420,7651,1903,0330
29 Mar 2420,1591,1732,8430
29 Dec 2319,4191,2272,7530
29 Sep 2318,6571,4852,8000
30 Jun 2317,9888022,4990
31 Mar 2317,4309242,4260
30 Dec 2217,0621,0622,4030
30 Sep 2216,8341,1303,0310
01 Jul 2216,8171,9113,0310
01 Apr 2217,3501,8533,2210
31 Dec 2117,8141,8473,2800
01 Oct 2118,1241,5562,7500
02 Jul 2118,3581,5022,8560
02 Apr 2118,1351,3722,7740
01 Jan 2118,1941,1213,3150
02 Oct 2024,0361,6333,7240
03 Jul 2024,0041,6353,5670
03 Apr 2021,4241,6223,1180
03 Jan 2018,5261,6462,6840
27 Sep 199,6901,1651,3970
28 Jun 196,8019519910
29 Mar 196,6119101,0960
28 Dec 186,4458641,0890
28 Sep 186,3007509580
29 Jun 186,1687009460
30 Mar 186,0496579950
29 Dec 175,9766231,0030
29 Sep 175,8906569970
30 Jun 175,8976279280
31 Mar 175,8916139660
30 Dec 165,9526089660
30 Sep 165,7026088550
01 Jul 165,9926091,0990
01 Apr 165,9944129090
01 Jan 165,6313798810
02 Oct 155,6383559410
03 Jul 153,8852867480
03 Apr 154,8775258070
02 Jan 154,9585367910
26 Sep 144,9755348070
27 Jun 145,0125368200
28 Mar 145,0424698460
27 Dec 134,9784578450

Quality Earnings: LHXT has a large one-off loss of $571.0M impacting its last 12 months of financial results to 27th September, 2024.

Growing Profit Margin: LHXT's current net profit margins (5.7%) are lower than last year (7.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: LHXT's earnings have declined by 6.2% per year over the past 5 years.

Accelerating Growth: LHXT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LHXT had negative earnings growth (-17.9%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (22.5%).

Return on Equity

High ROE: LHXT's Return on Equity (6.2%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 18:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/27
Annual Earnings2023/12/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

L3Harris Technologies, Inc. is covered by 49 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Peter ArmentBaird
Ishan MajumdarBaptista Research