L3Harris Technologies Future Growth
Future criteria checks 2/6
L3Harris Technologies is forecast to grow earnings and revenue by 18.5% and 4.4% per annum respectively. EPS is expected to grow by 19.7% per annum. Return on equity is forecast to be 14.4% in 3 years.
Key information
18.5%
Earnings growth rate
19.7%
EPS growth rate
| Aerospace & Defense earnings growth | 14.9% |
| Revenue growth rate | 4.4% |
| Future return on equity | 14.4% |
| Analyst coverage | Good |
| Last updated | 15 Aug 2024 |
Recent future growth updates
Recent updates
Here's Why L3Harris Technologies (NYSE:LHX) Can Manage Its Debt Responsibly
Aug 12
Cash Flow King - L3Harris Remains A Significantly Undervalued Dividend Growth Gem
Aug 09L3Harris Q2 Earnings Preview: Can The Outperformance Continue
Jul 22With L3Harris Technologies, Inc. (NYSE:LHX) It Looks Like You'll Get What You Pay For
Jul 14Underappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite
Jul 09Are Investors Undervaluing L3Harris Technologies, Inc. (NYSE:LHX) By 41%?
May 28L3Harris Technologies: Future Dividend Aristocrat With Strong Annual Return Potential
Apr 26Is L3Harris Technologies (NYSE:LHX) Using Too Much Debt?
Apr 20L3Harris Technologies: Defensive Qualities Have To Come Through
Apr 18L3Harris Technologies, Inc. (NYSE:LHX) Not Flying Under The Radar
Apr 05L3Harris Technologies (NYSE:LHX) Is Increasing Its Dividend To $1.16
Feb 26L3Harris Technologies: My Favorite Dividend Growth Stock Continues To Fire On All Cylinders
Feb 11Is L3Harris Technologies, Inc. (NYSE:LHX) Trading At A 45% Discount?
Jan 30Is L3Harris Technologies (NYSE:LHX) A Risky Investment?
Jan 10L3Harris Technologies: Unlocking Value In The Defense Industry
Jan 0714% Annual Return Potential: L3Harris Is My Favorite Dividend Stock Going Into 2024
Dec 20L3Harris Technologies, Inc.'s (NYSE:LHX) Popularity With Investors Is Clear
Dec 20L3Harris Technologies: Looking Solid Heading Into 2024
Dec 06With Significant Potential, L3Harris Remains My Favorite Deep Value Dividend Stock
Nov 20L3Harris Q3: Widening Valuation Gap Despite Solid Execution, On-Track Aerojet Integration
Nov 03L3Harris: Why It's Time For Buyers To Catch This Falling Knife
Oct 18L3Harris: Trading At A Discount Despite Favorable Competitive Positioning And M&A Upside
Oct 04L3Harris Growth Prospects Take Off With Space Wins And Defense Spending
Sep 15Up To 50% Undervalued - Why L3Harris Has Become My Favorite Dividend Growth Stock
Sep 06L3Harris: The Secrets Of Becoming A New Defense Star (And A Caveat)
Aug 28Does L3Harris Technologies (NYSE:LHX) Have A Healthy Balance Sheet?
Aug 24L3Harris Has Become A Strong Buy After Stellar Q2 Earnings
Jul 27L3Harris Technologies: A Compelling Defense Giant On Sale
Jun 30An Intrinsic Calculation For L3Harris Technologies, Inc. (NYSE:LHX) Suggests It's 37% Undervalued
Jun 13L3Harris: The Missing Narrative Tailwind
Jun 09L3Harris Technologies (NYSE:LHX) Has A Pretty Healthy Balance Sheet
May 25Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 23,109 | 2,285 | 2,847 | 3,254 | 16 |
| 12/31/2025 | 22,076 | 2,033 | 2,502 | 2,914 | 21 |
| 12/31/2024 | 21,243 | 1,505 | 2,236 | 2,583 | 22 |
| 6/28/2024 | 20,765 | 1,190 | 1,485 | 1,982 | N/A |
| 3/29/2024 | 20,159 | 1,173 | 1,149 | 1,642 | N/A |
| 12/29/2023 | 19,419 | 1,227 | 1,647 | 2,096 | N/A |
| 9/29/2023 | 18,657 | 1,485 | 1,706 | 2,089 | N/A |
| 6/30/2023 | 17,988 | 802 | 1,835 | 2,134 | N/A |
| 3/31/2023 | 17,430 | 924 | 2,201 | 2,469 | N/A |
| 12/30/2022 | 17,062 | 1,062 | 1,906 | 2,158 | N/A |
| 9/30/2022 | 16,834 | 1,130 | 1,882 | 2,198 | N/A |
| 7/1/2022 | 16,817 | 1,911 | 1,763 | 2,094 | N/A |
| 4/1/2022 | 17,350 | 1,853 | 1,735 | 2,065 | N/A |
| 12/31/2021 | 17,814 | 1,847 | 2,345 | 2,687 | N/A |
| 10/1/2021 | 18,124 | 1,556 | 2,182 | 2,563 | N/A |
| 7/2/2021 | 18,358 | 1,502 | 2,448 | 2,836 | N/A |
| 4/2/2021 | 18,135 | 1,372 | 2,531 | 2,918 | N/A |
| 1/1/2021 | 18,194 | 1,121 | 2,422 | 2,790 | N/A |
| 10/2/2020 | 24,036 | 1,633 | 2,811 | 3,173 | N/A |
| 7/3/2020 | 24,004 | 1,635 | 2,137 | 2,497 | N/A |
| 4/3/2020 | 21,424 | 1,622 | 1,649 | 2,006 | N/A |
| 1/3/2020 | 18,526 | 1,646 | 1,532 | 1,878 | N/A |
| 9/27/2019 | 9,690 | 1,165 | 935 | 1,149 | N/A |
| 6/28/2019 | 6,801 | 951 | 1,024 | 1,185 | N/A |
| 3/29/2019 | 6,611 | 910 | 1,234 | 1,395 | N/A |
| 12/28/2018 | 6,445 | 864 | 687 | 847 | N/A |
| 9/28/2018 | 6,300 | 750 | 629 | 773 | N/A |
| 6/29/2018 | 6,168 | 700 | 615 | 751 | N/A |
| 3/30/2018 | 6,049 | 657 | N/A | 310 | N/A |
| 12/29/2017 | 5,976 | 623 | N/A | 647 | N/A |
| 9/29/2017 | 5,890 | 656 | N/A | 621 | N/A |
| 6/30/2017 | 5,897 | 627 | N/A | 569 | N/A |
| 3/31/2017 | 5,891 | 613 | N/A | 906 | N/A |
| 12/30/2016 | 5,952 | 608 | N/A | 832 | N/A |
| 9/30/2016 | 5,702 | 608 | N/A | 903 | N/A |
| 7/1/2016 | 5,992 | 609 | N/A | 924 | N/A |
| 4/1/2016 | 5,994 | 412 | N/A | 966 | N/A |
| 1/1/2016 | 5,631 | 379 | N/A | 1,019 | N/A |
| 10/2/2015 | 5,638 | 355 | N/A | 838 | N/A |
| 7/3/2015 | 3,885 | 286 | N/A | 854 | N/A |
| 4/3/2015 | 4,877 | 525 | N/A | 790 | N/A |
| 1/2/2015 | 4,958 | 536 | N/A | 792 | N/A |
| 9/26/2014 | 4,975 | 534 | N/A | 756 | N/A |
| 6/27/2014 | 5,012 | 536 | N/A | 849 | N/A |
| 3/28/2014 | 5,042 | 469 | N/A | 774 | N/A |
| 12/27/2013 | 4,978 | 457 | N/A | 833 | N/A |
| 9/27/2013 | 5,042 | 460 | N/A | 885 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LHX's forecast earnings growth (18.5% per year) is above the savings rate (2.5%).
Earnings vs Market: LHX's earnings (18.5% per year) are forecast to grow faster than the US market (15.2% per year).
High Growth Earnings: LHX's earnings are forecast to grow, but not significantly.
Revenue vs Market: LHX's revenue (4.4% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: LHX's revenue (4.4% 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 (14.4%).