LH

L3Harris Technologies Inc (LHX)

IndustrialsAerospace & Defense
302.20USD
-0.00%
Magic Rank
#722
Earnings Yield
3.6%
Return on Capital
388.4%
Market Cap
52.1B

Performance vs S&P 500 (5Y)

LHX.US
S&P 500

About L3Harris Technologies Inc

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne combat systems; and mission networks for air traffic management operations. The IMS segment offers intelligence, surveillance, and reconnaissance (ISR) systems; passive sensing and targeting; electronic attack platforms; autonomy; power and communications; networks; and sensors. The CS segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, including helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. The AR segment offers propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

Magic Formula Analysis

Enterprise Value63.9B
Market / Universe
us
USA

"A company with high ROC and high EY is statistically more likely to outperform the market."

Key Indicators

P/E Ratio30.03
Dividend Yield1.7%
Debt to Equity0.60
Gross Margin12.9%