L3Harris Technologies, Inc.

NYSE:LHX Stock Report

Market Cap: US$40.5b

L3Harris Technologies Future Growth

Future criteria checks 3/6

L3Harris Technologies is forecast to grow earnings and revenue by 20.7% and 4.2% per annum respectively. EPS is expected to grow by 22% per annum. Return on equity is forecast to be 14.7% in 3 years.

Key information

20.7%

Earnings growth rate

22.0%

EPS growth rate

Aerospace & Defense earnings growth14.1%
Revenue growth rate4.2%
Future return on equity14.7%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

L3Harris Technologies, Inc. (NYSE:LHX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Oct 28
L3Harris Technologies, Inc. (NYSE:LHX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Recent updates

L3Harris Technologies: Strategic Focus On Defense Technology; Initiate With 'Buy'

Dec 06

L3Harris Technologies, Inc. (NYSE:LHX) Not Lagging Market On Growth Or Pricing

Nov 17
L3Harris Technologies, Inc. (NYSE:LHX) Not Lagging Market On Growth Or Pricing

Some Investors May Be Willing To Look Past L3Harris Technologies' (NYSE:LHX) Soft Earnings

Nov 01
Some Investors May Be Willing To Look Past L3Harris Technologies' (NYSE:LHX) Soft Earnings

L3Harris Technologies, Inc. (NYSE:LHX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Oct 28
L3Harris Technologies, Inc. (NYSE:LHX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Mission-Critical Dividends: Why L3Harris Stands Out In My Portfolio

Oct 25

L3Harris Technologies: A Mispriced Gem Among U.S. Defense Stocks

Oct 02

An Intrinsic Calculation For L3Harris Technologies, Inc. (NYSE:LHX) Suggests It's 47% Undervalued

Oct 02
An Intrinsic Calculation For L3Harris Technologies, Inc. (NYSE:LHX) Suggests It's 47% Undervalued

L3Harris: Not Only About Defense Spending But Also Going Commercial

Sep 13

L3Harris: A Must-Own Stock In A World Of Growing Defense Budgets

Aug 31

Here's Why L3Harris Technologies (NYSE:LHX) Can Manage Its Debt Responsibly

Aug 12
Here's Why L3Harris Technologies (NYSE:LHX) Can Manage Its Debt Responsibly

Cash Flow King - L3Harris Remains A Significantly Undervalued Dividend Growth Gem

Aug 09

L3Harris Q2 Earnings Preview: Can The Outperformance Continue

Jul 22

With L3Harris Technologies, Inc. (NYSE:LHX) It Looks Like You'll Get What You Pay For

Jul 14
With L3Harris Technologies, Inc. (NYSE:LHX) It Looks Like You'll Get What You Pay For

Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite

Jul 09

Are Investors Undervaluing L3Harris Technologies, Inc. (NYSE:LHX) By 41%?

May 28
Are Investors Undervaluing L3Harris Technologies, Inc. (NYSE:LHX) By 41%?

L3Harris Technologies: Future Dividend Aristocrat With Strong Annual Return Potential

Apr 26

Is L3Harris Technologies (NYSE:LHX) Using Too Much Debt?

Apr 20
Is L3Harris Technologies (NYSE:LHX) Using Too Much Debt?

L3Harris Technologies: Defensive Qualities Have To Come Through

Apr 18

L3Harris Technologies, Inc. (NYSE:LHX) Not Flying Under The Radar

Apr 05
L3Harris Technologies, Inc. (NYSE:LHX) Not Flying Under The Radar

L3Harris Technologies (NYSE:LHX) Is Increasing Its Dividend To $1.16

Feb 26
L3Harris Technologies (NYSE:LHX) Is Increasing Its Dividend To $1.16

L3Harris Technologies: My Favorite Dividend Growth Stock Continues To Fire On All Cylinders

Feb 11

Is L3Harris Technologies, Inc. (NYSE:LHX) Trading At A 45% Discount?

Jan 30
Is L3Harris Technologies, Inc. (NYSE:LHX) Trading At A 45% Discount?

Is L3Harris Technologies (NYSE:LHX) A Risky Investment?

Jan 10
Is L3Harris Technologies (NYSE:LHX) A Risky Investment?

L3Harris Technologies: Unlocking Value In The Defense Industry

Jan 07

14% Annual Return Potential: L3Harris Is My Favorite Dividend Stock Going Into 2024

Dec 20

L3Harris Technologies: Looking Solid Heading Into 2024

Dec 06

With Significant Potential, L3Harris Remains My Favorite Deep Value Dividend Stock

Nov 20

L3Harris Q3: Widening Valuation Gap Despite Solid Execution, On-Track Aerojet Integration

Nov 03

L3Harris: Why It's Time For Buyers To Catch This Falling Knife

Oct 18

L3Harris: Trading At A Discount Despite Favorable Competitive Positioning And M&A Upside

Oct 04

L3Harris Growth Prospects Take Off With Space Wins And Defense Spending

Sep 15

Up To 50% Undervalued - Why L3Harris Has Become My Favorite Dividend Growth Stock

Sep 06

L3Harris: The Secrets Of Becoming A New Defense Star (And A Caveat)

Aug 28

Earnings and Revenue Growth Forecasts

NYSE:LHX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202623,1082,2852,8433,29317
12/31/202522,0372,0592,5312,95721
12/31/202421,2861,4992,1892,55622
9/27/202421,1421,2071,7922,219N/A
6/28/202420,7651,1901,4851,982N/A
3/29/202420,1591,1731,1491,642N/A
12/29/202319,4191,2271,6472,096N/A
9/29/202318,6571,4851,7062,089N/A
6/30/202317,9888021,8352,134N/A
3/31/202317,4309242,2012,469N/A
12/30/202217,0621,0621,9062,158N/A
9/30/202216,8341,1301,8822,198N/A
7/1/202216,8171,9111,7632,094N/A
4/1/202217,3501,8531,7352,065N/A
12/31/202117,8141,8472,3452,687N/A
10/1/202118,1241,5562,1822,563N/A
7/2/202118,3581,5022,4482,836N/A
4/2/202118,1351,3722,5312,918N/A
1/1/202118,1941,1212,4222,790N/A
10/2/202024,0361,6332,8113,173N/A
7/3/202024,0041,6352,1372,497N/A
4/3/202021,4241,6221,6492,006N/A
1/3/202018,5261,6461,5321,878N/A
9/27/20199,6901,1659351,149N/A
6/28/20196,8019511,0241,185N/A
3/29/20196,6119101,2341,395N/A
12/28/20186,445864687847N/A
9/28/20186,300750629773N/A
6/29/20186,168700N/A751N/A
3/30/20186,049657N/A310N/A
12/29/20175,976623N/A647N/A
9/29/20175,890656N/A621N/A
6/30/20175,897627N/A569N/A
3/31/20175,891613N/A906N/A
12/30/20165,952608N/A832N/A
9/30/20165,702608N/A903N/A
7/1/20165,992609N/A924N/A
4/1/20165,994412N/A966N/A
1/1/20165,631379N/A1,019N/A
10/2/20155,638355N/A838N/A
7/3/20153,885286N/A854N/A
4/3/20154,877525N/A790N/A
1/2/20154,958536N/A792N/A
9/26/20144,975534N/A756N/A
6/27/20145,012536N/A849N/A
3/28/20145,042469N/A774N/A
12/27/20134,978457N/A833N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LHX's forecast earnings growth (20.7% per year) is above the savings rate (2.6%).

Earnings vs Market: LHX's earnings (20.7% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: LHX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: LHX's revenue (4.2% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: LHX's revenue (4.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: LHX's Return on Equity is forecast to be low in 3 years time (14.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:57
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