- Aerospace & Defense
- Industrials
-
6.18
EPS
-
38.37
P/E
-
45B
MARKET CAP
-
1.94%
DIV YIELD
Company Overview
1025 W NASA BLVD,MELBOURNE FL 32919,3217279100
CEO
Mr. Christopher E. Kubasik CPA
Employess
50000
Sector
Industrials
Industry
Aerospace & Defense
Website
https://www.l3harris.com
L3Harris Technologies, Inc., an aerospace and defense technology company, provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides multi-mission intelligence, surveillance, and reconnaissance (ISR) systems; and communication systems, as well as fleet management support, sensor development, modification, and periodic depot maintenance services for ISR and airborne missions. It also manufactures and integrates mission systems for maritime platforms, such as signals intelligence and multi-intelligence platforms; unmanned surface and undersea autonomous solutions; and power and ship control systems and other electronic and electrical products and systems. In addition, this segment offers advanced electro-optical and infrared solutions. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber defense solutions; mission avionics; and electronic warfare systems. The company's Communication Systems segment provides tactical communications; broadband secured mobile networked communication equipment, including airborne, space, and surface data link terminals, ground stations, and transportable tactical satellite communication (SATCOM) systems for use in manned aircraft, unmanned aerial vehicles, and naval ships; and helmet and weapon mounted integrated night vision systems. This segment also offers radios, systems applications, and equipment for critical public safety and professional communications; and SATCOM terminals and battlefield management networks. Its Aviation Systems segment offers defense aviation products; commercial pilot training; and mission networks solutions for air traffic management. 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 headquartered in Melbourne, Florida.
Next Earnings Date
Oct. 24, 2024
Ex Dividends date
Sep. 20, 2024
Dividend Date
Sept. 6, 2024
YTD Performance
13.16%
Fiscal Year End
12-31
IPO Date
1981-12-31
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 14.50% | 23.35% | 2.20% | 13.81% |
EPS | 2.61% | -4.25% | 7.35% | 16.79% |
Equity | 26.24% | 41.03% | -3.26% | 1.31% |
Cash | -0.02% | 1.11% | -24.01% | -36.36% |
Return On Capital (ROIC) | 8.93% | 7.07% | 7.14% | 6.25% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 2,080 | 820 | 13 | 10 | 389 |
Long Term Debt | 10,900 | 6,970 | 7,820 | 7,680 | 6,690 |
LT Finance Leases | 948 | 741 | 768 | 734 | 781 |
Shares Outstanding | 190 | 192 | 201 | 214 | 221 |
Market Cap | 39,900 | 39,900 | 42,900 | 40,500 | 43,800 |
Price
News
Watch These 3 Defense Stocks for Q2 Earnings: Beat or Miss?
2 monthsRising interest expenses might have hurt aerospace-defense stocks' Q2 earnings amid mixed delivery impacts. Let's see how LHX, NOC & RTX report.
zacks.comWill Sales Volume Benefit L3Harris (LHX) in Q2 Earnings?
2 monthsL3Harris' (LHX) Q2 results are likely to reflect the benefits of strong sales volume growth and favorable synergies from the Aerojet acquisition amid the impact of higher interest expenses.
zacks.comL3Harris Q2 Earnings Preview: Can The Outperformance Continue
2 monthsL3Harris Technologies stock has rallied sharply despite ongoing challenges stemming from supply chain issues and significant acquisitions. Expectations for LHX's Q2 earnings report include strong growth in adjusted EPS and revenue, but these warrant a closer look given the consolidation of Aerojet Rocketdyne in Q3 2023. I also discuss L3Harris' operational rationalization program, expected deleveraging, and the potential for a return to more meaningful dividend growth.
seekingalpha.comWinning With Trump: My Top Dividend Picks For Your Portfolio
2 monthsAs the 2024 General Election nears, it's essential to understand the potential impact of a Trump presidency on our portfolios without bias. Trump's policies could affect sectors like energy, agriculture, and healthcare, shaping the broader economic landscape significantly. By staying informed and adaptable, we can better navigate these uncertain times and enhance our chances of success.
seekingalpha.comL3Harris Announces Quarterly Dividend
2 monthsMELBOURNE, Fla.--(BUSINESS WIRE)--The Board of Directors of L3Harris Technologies (NYSE:LHX) has declared a quarterly cash dividend of $1.16 per common share, payable Sept. 20, 2024, to shareholders of record as of the close of business on Sept. 6, 2024. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industry. With customers' mission-critical needs always in mind, our employees deliver end-to-end technology solutions connecting the space, air, land, se.
businesswire.comL3Harris (LHX) Reports Next Week: Wall Street Expects Earnings Growth
2 monthsL3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comWhy L3Harris (LHX) is Poised to Beat Earnings Estimates Again
2 monthsL3Harris (LHX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
zacks.comFinal Trades: Pfizer, L3Harris Tech, the RSP and GDX
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youtube.comUnderappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite
2 monthsUnderappreciated And Undervalued: Why L3Harris Remains A Dividend Favorite
seekingalpha.comL3Harris Sets Date for Second Quarter 2024 Earnings Release
3 monthsMELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) will release its second quarter 2024 financial results on Thursday, July 25, 2024, after market close. The company will then host an earnings call on Friday, July 26, 2024, at 8:30 a.m. ET. Participants are encouraged to listen via webcast at L3Harris.com. The dial-in numbers for the teleconference are (U.S.) 877-407-6184 and (International) +1 201-389-0877, and participants will be directed to an operator. A recording of the ca.
businesswire.comBuying Value The Smart Way - 3 Fantastic Dividend Stocks To Buy Now
3 monthsIn a challenging market, I recommend a defensive strategy focused on quality stocks at deep-value prices. High S&P 500 valuations suggest subdued returns, emphasizing cautious investing. The AI-driven rally has skewed expectations, benefiting a few stocks. Despite early underperformance, I believe in the long-term potential of value investing based on historical trends. Focus on companies with strong fundamentals, consistent dividends, and growth potential. This approach offers stability and outperformance in a demanding investment landscape.
seekingalpha.comCesiumAstro Secures $65M in Oversubscribed Funding Round
3 monthsAUSTIN, Texas--(BUSINESS WIRE)-- #Aerospace--CesiumAstro Inc. (“CesiumAstro” or “the Company”), a leading provider of space communications technology, announced today the closing of a $65 million Series B+ funding round. The round was led by Trousdale Ventures, with matching participation from Development Bank of Japan Inc. (“DBJ”) and Quanta Computer, Inc. (TWSE: 2382.TW). Renowned investors, including Kleiner Perkins, Lavrock Ventures, L3Harris Technologies (NYSE: LHX), InMotion Ventures (JLR's investment.
businesswire.com