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L3Harris Technologies Inc.'s published Hold conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $44.1B | |
|---|---|---|
| Revenue (ttm) | 22.9B | |
| Net income (ttm) | 1.9B | |
| EPS (ttm) | $9.90 | |
| Shares out | 186.2M | |
| P/E (trailing) | 26.3x | |
| P/E (forward) | 17.9x | |
| Dividend | $5.00 (1.93%) | |
| Volume | 1,133,885 | |
| Beta | 0.51 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-30 | 2023-12-29 | 2025-01-03 | 2026-01-02 | Trend |
| Revenue | $17.81B | $17.06B | $19.42B | $21.33B | $21.87B | +5.3% |
| Gross profit | $5.38B | $4.93B | $5.11B | $5.52B | $5.63B | +1.1% |
| Operating income | $2.11B | $1.13B | $1.43B | $1.92B | $2.11B | +0.0% |
| Net income | $1.85B | $1.06B | $1.23B | $1.50B | $1.61B | -3.4% |
| EPS (diluted) | $9.09 | $5.49 | $6.44 | $7.87 | $8.53 | -1.6% |
| EBITDA | $3.52B | $2.49B | $2.93B | $3.56B | $3.75B | +1.7% |
| R&D | $692.0M | $603.0M | $480.0M | $515.0M | $536.0M | -6.2% |
| SG&A | $3.28B | $3.00B | $3.31B | $3.57B | $3.43B | +1.1% |
Recent company headlines from major financial publishers.
Our modal forecast path projects steady execution across the core defense franchise, with revenue expanding from FY2025 across FY2026 and FY2027 supported by defense backlog conversion. Operating margins normalize upward from FY2025 levels through FY2030 as digitization and integration efficiencies materialize. Disciplined cash conversion supports ongoing deleveraging on total debt obligations and regular shareholder distributions, anchoring our Fair value conclusion at $228.61.
Accelerating defense procurement under Department of Defense wartime footing mandates converts active contract negotiations into expanding backlog, while the automated solid rocket motor facility and high-margin missile framework agreements drive earnings and operational cash flow toward Potential value of $285.56. Revenue growth and operating margins exceed our house forecast, enabling rapid balance sheet deleveraging and accelerated capital returns.
| Ke ↓ / g → | 1.5% | 1.8% | 2.0% | 2.3% | 2.5% |
|---|---|---|---|---|---|
| 6.9% | $250 | $257 | $266 | $276 | $286 |
| 7.4% | $232 | $239 | $246 | $253 | $262 |
| 7.9% | $217 | $223 | $229 | $235 | $241 |
| 8.4% | $205 | $209 | $214 | $219 | $225 |
| 8.9% | $194 | $198 | $202 | $206 | $211 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |
