L3Harris
LHX stock analysis · Industrials · Aerospace & Defense
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗Price × SEC outstanding shares. Shares measured 2026-04-24. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Equity cash-flow scenario · SEC outstanding shares at 2026-04-24 · -24.8% versus input cap
How this is calculated ↗Reverse DCF
Annual basis · read assumptions below
How this is calculated ↗Relative valuation
11 industry peers · median 35.9×
How this is calculated ↗Historical multiples
6 annual observations · snapshot P/E 33.7× · -4.1% versus history
How this is calculated ↗Free cash flow yield
Annual basis · read assumptions below
How this is calculated ↗ROIC / quality
Normalized tax · financing-capital proxy
How this is calculated ↗Value composite
Annual basis · read assumptions below
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Requires reported dividends, repurchases and issuance; missing values are not zero.
How this is calculated ↗Accrual quality
Annual basis · read assumptions below
How this is calculated ↗Fundamental momentum
Annual basis · read assumptions below
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | $274.26 | $299.25 | $326.11 |
| 10.0% | $200.98 | $218.66 | $237.65 |
| 12.0% | $158.56 | $172.05 | $186.52 |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2026-01-02 | 21.9B | 1.6B | 3.1B | 424M | 41.2B |
| 2025-01-03 | 21.3B | 1.5B | 2.6B | 408M | 42B |
| 2023-12-29 | 19.4B | 1.2B | 2.1B | 449M | 41.7B |
| 2022-12-30 | 17.1B | 1.1B | 2.2B | 252M | 33.5B |
| 2021-12-31 | 17.8B | 1.8B | 2.7B | 342M | 34.7B |
| 2021-01-01 | 18.2B | 1.1B | 2.8B | 368M | 37B |
| 2020-01-03 | 12.9B | 1.3B | — | — | 38.3B |
| 2019-06-28 | 6.8B | 949M | 1.2B | 161M | 10.1B |
| 2018-06-29 | 6.2B | 699M | 751M | 136M | 9.9B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 21.9B | Reviewed manual correction Reviewed audited consolidated statement of operations, page 38, fiscal 2025 ended January 2, 2026. Full-year revenue is $21,865m, independently reconciled as product revenue $15,487m + services revenue $6,378m. The total's inline XBRL context incorrectly begins October 4, 2025, so the annual-duration extractor correctly rejected it; this manual correction follows the visible annual statement heading and the two correctly dated annual components. | 2026-02-12 |
| netIncome | 1.6B | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-12 |
| Parent/common earnings proxy | 1.6B | NetIncomeLoss | 2026-02-12 |
| cfo | 3.1B | NetCashProvidedByUsedInOperatingActivities | 2026-02-12 |
| capex | 424M | PaymentsToAcquirePropertyPlantAndEquipment | 2026-02-12 |
| operatingIncome | 2.1B | OperatingIncomeLoss | 2026-02-12 |
| assets | 41.2B | Assets | 2026-02-12 |
| equity | 19.6B | StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-02-12 |
| Parent book equity proxy | 19.6B | StockholdersEquity | 2026-02-12 |
| debt | 11.1B | LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities | 2026-02-12 |
| shortDebt | 0 | ShortTermBorrowings | 2026-02-12 |
| cash | 1.1B | CashAndCashEquivalentsAtCarryingValue | 2026-02-12 |
| shares | 188.4M | WeightedAverageNumberOfDilutedSharesOutstanding | 2026-02-12 |
| dividends | 903M | PaymentsOfDividendsCommonStock | 2026-02-12 |
| buybacks | 1.2B | PaymentsForRepurchaseOfCommonStock | 2026-02-12 |
| issuance | — | Not reported under a supported tag | — |