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Stocks/Industrials/Aerospace & Defense

L3HarrisLHX

Aerospace & Defense · Melbourne, Florida · In the S&P 500
$277.61−0.29%After hours: $276.26 (−0.49%)At the close, 30 Oct · Prices from CNBC, may be delayed
▼ 3.2% over 1 year
L3Harris over 1 yearDaily close, $, to 30 Oct 2026
$250$300$350Nov2026MarMayJulSep$277.61$300NovMarJul$277.61
Source: Nasdaq daily closes
Market value$51.70B
Price to earnings25.9x
Forward P/E22.5x
Dividend yield1.80%
Year to date−5.4%
One year−3.2%
Next earningsNot scheduled
SectorIndustrials
52-week range (closes)
$233.63$378.48

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Quality and valuation

How L3Harris compares with other industrials stocks. A description, not a recommendation.

L3Harris and 6 aerospace & defense peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Valuation: in line with its sector

Next to other industrials companies, it is, priced about in line with them.

L3Harris trades at 22.5 times the next 12 months of expected earnings, against a median of 21.4x for the 89 industrials stocks we cover.

    LHX trades at 22.5x forward earnings, above the sector medianForward p/e, Aerospace & Defense peers
    NOC19.3xLMT20.6xGD21.3xLHX22.5xRTX26.8xHWM33.6xGE35.7xSector median 21.4xNOC19.3xLMT20.6xGD21.3xLHX22.5xRTX26.8xHWM33.6xGE35.7xSector median 21.4x
    Source: CNBC quotes; Mostly Markets
    At 25.9x earnings, LHX is cheaper than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
    P/EUsual range (±1 s.d.)
    30x40xAverage 32.1x2025202625.9x30x40xAverage 32.1x2025202625.9x
    Source: Nasdaq prices; SEC filings

    Financials

    From L3Harris's SEC filings, through the quarter ending 2 Oct 2026. Hover or tap a bar for its value.

    Revenue grew 11.7% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
    $0bn$2bn$4bn$6bnQ3 ’24Q1 ’25Q3 ’25$6.1bnQ3 ’26$0bn$2bn$5bnQ3 ’24Q1 ’25Q3 ’25$6.1bnQ3 ’26
    Source: SEC filings
    Growth slowed to +11.7% last quarterRevenue growth, year on year, %
    0%5%10%Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q1 ’26Q2 ’2611.7%Q3 ’260%10%Q4 ’24Q2 ’25Q1 ’2611.7%Q3 ’26
    Source: SEC filings
    Operating margin was 13.0% last quarterOperating income as a share of revenue, %
    0%5%10%Q3 ’24Q1 ’25Q3 ’2513.0%Q3 ’260%5%10%Q3 ’24Q1 ’25Q3 ’2513.0%Q3 ’26
    Source: SEC filings
    Free cash flow was $3.6 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
    $0.0bn$0.5bn$1.0bnQ3 ’24Q1 ’25Q3 ’25$1.3bnQ3 ’26$0.0bn$0.5bn$1.0bnQ3 ’24Q1 ’25Q3 ’25$1.3bnQ3 ’26
    Source: SEC filings
    Last 12 monthsLHXSector median
    Price to earnings25.9x25.8x

    Similar companies

    Aerospace & Defense, by market value.

    CompanyPriceTodayYTDValue
    GEGE Aerospace$301.80−3.59%−2.0%$312B
    RTXRTX$199.80+0.20%+8.9%$270B
    LMTLockheed Martin$636.95−1.03%+31.7%$147B
    BABoeing$171.55−0.64%−21.0%$136B
    GDGeneral Dynamics$372.59+0.48%+10.7%$101B
    HWMHowmet Aerospace$199.22−3.26%−2.8%$79.45B
    NOCNorthrop Grumman$557.54−0.86%−2.2%$79.21B
    TDGTransDigm Group$1,146.81−2.47%−13.8%$63.39B