L3Harris Technologies Inc
Research L3Harris Technologies Inc (LHX) on Bullrun: valuation model: 2.6% undervalued, market cap USD 48.80B, P/E 26.5, dividend yield 1.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerLHX
- ExchangeNYSE
- CountryUnited States
- SectorIndustrials
- IndustryAerospace & Defense
- CurrencyUSD
- Valuation signal2.6% undervalued
- Market capUSD 48.80B
- P/E26.5
- Dividend yield1.9%
- Financial periodFY2026
- Net incomeUSD 1.61B
- Free cash flowUSD 2.68B
Valuation Snapshot
Bullrun's latest valuation model marks L3Harris Technologies Inc as 2.6% undervalued; latest market cap is USD 48.80B; P/E is 26.5; dividend yield is 1.9%.
Peer valuation comparison
Latest P/E is 26.48x versus a Industrials sector median of 20.76x (27.5% above).
Latest dividend yield is 1.87% versus a Industrials sector median of 2.39% (21.8% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | n/a | USD 1.61B | USD 2.68B | n/a | 8.53 | USD 1.07B | USD 10.44B | USD 19.64B |
| FY2025 | USD 21.33B | USD 1.50B | USD 2.15B | 25.9% | 7.87 | USD 615.00M | USD 11.60B | USD 19.51B |
| FY2024 | USD 21.33B | USD 1.50B | USD 2.15B | 25.9% | 7.87 | USD 615.00M | USD 12.24B | USD 19.51B |
| FY2023 | USD 19.42B | USD 1.23B | USD 1.65B | 26.3% | 6.44 | USD 560.00M | USD 12.76B | USD 18.77B |
| FY2022 | USD 17.06B | USD 1.06B | USD 1.91B | 28.9% | 5.49 | USD 880.00M | USD 6.23B | USD 18.52B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 48.80B | 26.5 | 1.9% | 4.9 |
| 2025 | 2025-12-31 | USD 54.91B | 34.4 | 1.6% | 4.8 |
| 2024 | 2024-12-31 | USD 39.88B | 26.7 | 2.2% | 4.64 |
| 2023 | 2023-12-29 | USD 39.98B | 27.1 | 2.2% | 4.56 |
| 2022 | 2022-12-30 | USD 39.69B | 36.2 | 2.2% | 4.48 |
| 2021 | 2021-12-31 | USD 41.26B | 23.4 | 1.9% | 4.08 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 4.9 USD, yield 1.9%.
| Year | Dividends/share |
|---|---|
| FY2026 | 4.8 USD |
| FY2025 | 4.64 USD |
| FY2024 | 4.64 USD |
| FY2023 | 4.56 USD |
| FY2022 | 4.48 USD |
About L3Harris Technologies Inc
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs.
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Frequently asked questions
Is L3Harris Technologies Inc overvalued or undervalued?
Bullrun's valuation model currently marks L3Harris Technologies Inc as 2.6% undervalued.
What is L3Harris Technologies Inc's market cap?
L3Harris Technologies Inc's market capitalization is USD 48.80B.
What is L3Harris Technologies Inc's P/E ratio?
L3Harris Technologies Inc's price-to-earnings (P/E) ratio is 26.5.
Does L3Harris Technologies Inc pay a dividend?
L3Harris Technologies Inc has a dividend yield of 1.9%.
What does L3Harris Technologies Inc do?
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies.