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L3Harris Technologies, Inc. (LHX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US5024311095

CUSIP

502431109

Sector

Industrials

IPO Date

Dec 31, 1981

Highlights

Market Cap

$49.64B

EPS (TTM)

$6.31

PE Ratio

41.48

PEG Ratio

1.01

Total Revenue (TTM)

$21.14B

Gross Profit (TTM)

$5.14B

EBITDA (TTM)

$3.21B

Year Range

$181.50 - $265.74

Target Price

$276.70

Short %

1.11%

Short Ratio

2.81

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
LHX vs. RTX LHX vs. LMT LHX vs. BA.L LHX vs. ACHR LHX vs. ARW LHX vs. AIR LHX vs. VTSAX LHX vs. GLDM LHX vs. ABT LHX vs. VITAX
Popular comparisons:
LHX vs. RTX LHX vs. LMT LHX vs. BA.L LHX vs. ACHR LHX vs. ARW LHX vs. AIR LHX vs. VTSAX LHX vs. GLDM LHX vs. ABT LHX vs. VITAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in L3Harris Technologies, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


4,000.00%5,000.00%6,000.00%7,000.00%8,000.00%JuneJulyAugustSeptemberOctoberNovember
7,629.12%
4,711.51%
LHX (L3Harris Technologies, Inc.)
Benchmark (^GSPC)

Returns By Period

L3Harris Technologies, Inc. had a return of 18.78% year-to-date (YTD) and 34.73% in the last 12 months. Over the past 10 years, L3Harris Technologies, Inc. had an annualized return of 15.43%, outperforming the S&P 500 benchmark which had an annualized return of 11.16%.


LHX

YTD

18.78%

1M

-0.99%

6M

11.30%

1Y

34.73%

5Y (annualized)

6.04%

10Y (annualized)

15.43%

^GSPC (Benchmark)

YTD

23.62%

1M

0.54%

6M

11.19%

1Y

30.63%

5Y (annualized)

13.61%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of LHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.04%1.55%1.22%0.45%5.04%0.40%1.03%4.31%1.01%4.04%18.78%
20233.17%-1.69%-6.57%-0.56%-9.85%12.01%-3.21%-6.02%-1.60%3.04%7.00%10.38%3.67%
2022-1.85%20.56%-1.09%-6.52%3.72%0.80%-0.72%-4.91%-8.47%18.59%-7.40%-8.31%-0.48%
2021-9.26%6.06%12.02%3.23%4.71%-0.88%4.90%2.77%-5.06%4.68%-8.89%1.99%14.98%
202011.86%-10.66%-8.49%7.54%2.97%-14.57%-0.79%7.37%-5.58%-5.14%19.69%-1.55%-2.75%
201913.76%7.67%-2.75%5.50%11.51%1.04%9.77%1.84%-0.96%-1.12%-2.17%-1.60%49.21%
201812.52%-2.03%3.67%-3.01%-3.44%-3.94%14.12%-1.48%4.56%-12.12%-3.42%-5.81%-3.38%
20170.23%7.00%1.74%0.56%0.72%-2.75%4.94%7.36%7.64%5.80%4.15%-1.97%40.80%
20160.08%-10.29%0.43%2.76%-0.93%5.93%3.81%7.34%-0.91%-2.62%16.68%-1.05%20.70%
2015-6.53%15.72%2.02%1.88%-0.68%-2.92%7.84%-7.38%-4.15%8.18%5.71%4.54%24.04%
2014-0.67%6.46%-0.33%0.49%5.65%-1.94%-9.87%4.57%-6.36%4.82%3.67%0.21%5.43%
2013-5.64%4.05%-2.84%-0.30%9.30%-1.76%15.88%-0.77%5.47%4.49%4.80%8.22%46.76%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of LHX is 86, placing it in the top 14% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of LHX is 8686
Combined Rank
The Sharpe Ratio Rank of LHX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of LHX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of LHX is 8484
Omega Ratio Rank
The Calmar Ratio Rank of LHX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of LHX is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for LHX, currently valued at 1.83, compared to the broader market-4.00-2.000.002.004.001.832.51
The chart of Sortino ratio for LHX, currently valued at 2.55, compared to the broader market-4.00-2.000.002.004.002.553.37
The chart of Omega ratio for LHX, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.47
The chart of Calmar ratio for LHX, currently valued at 1.21, compared to the broader market0.002.004.006.001.213.63
The chart of Martin ratio for LHX, currently valued at 11.39, compared to the broader market0.0010.0020.0030.0011.3916.15
LHX
^GSPC

The current L3Harris Technologies, Inc. Sharpe ratio is 1.83. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of L3Harris Technologies, Inc. with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.83
2.51
LHX (L3Harris Technologies, Inc.)
Benchmark (^GSPC)

Dividends

Dividend History

L3Harris Technologies, Inc. provided a 1.89% dividend yield over the last twelve months, with an annual payout of $4.64 per share. The company has been increasing its dividends for 23 consecutive years.


1.40%1.60%1.80%2.00%2.20%2.40%$0.00$1.00$2.00$3.00$4.00$5.0020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$4.64$4.56$4.48$4.08$3.40$2.87$2.51$2.20$2.06$1.94$1.78$1.58

Dividend yield

1.89%2.17%2.15%1.91%1.80%1.45%1.86%1.55%2.01%2.23%2.48%2.26%

Monthly Dividends

The table displays the monthly dividend distributions for L3Harris Technologies, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$1.16$0.00$0.00$1.16$0.00$0.00$1.16$0.00$1.16$4.64
2023$0.00$0.00$1.14$0.00$0.00$1.14$0.00$0.00$1.14$0.00$1.14$0.00$4.56
2022$0.00$0.00$1.12$0.00$0.00$1.12$0.00$0.00$1.12$0.00$1.12$0.00$4.48
2021$0.00$0.00$1.02$0.00$1.02$0.00$0.00$0.00$1.02$0.00$1.02$0.00$4.08
2020$0.00$0.00$0.85$0.00$0.00$0.85$0.00$0.00$0.85$0.00$0.85$0.00$3.40
2019$0.00$0.00$0.69$0.00$0.69$0.00$0.00$0.00$0.75$0.00$0.75$0.00$2.87
2018$0.00$0.00$0.57$0.00$0.57$0.00$0.00$0.00$0.69$0.00$0.69$0.00$2.51
2017$0.00$0.00$0.53$0.00$0.53$0.00$0.00$0.00$0.57$0.00$0.57$0.00$2.20
2016$0.00$0.00$0.50$0.00$0.50$0.00$0.00$0.00$0.53$0.00$0.53$0.00$2.06
2015$0.00$0.00$0.47$0.00$0.47$0.00$0.00$0.00$0.50$0.00$0.50$0.00$1.94
2014$0.00$0.00$0.42$0.00$0.42$0.00$0.00$0.00$0.47$0.00$0.47$0.00$1.78
2013$0.37$0.00$0.37$0.00$0.00$0.00$0.42$0.00$0.42$0.00$1.58

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%1.9%
L3Harris Technologies, Inc. has a dividend yield of 1.89%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%35.7%
L3Harris Technologies, Inc. has a payout ratio of 35.72%, which is quite average when compared to the overall market. This suggests that L3Harris Technologies, Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.78%
-1.75%
LHX (L3Harris Technologies, Inc.)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the L3Harris Technologies, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the L3Harris Technologies, Inc. was 65.67%, occurring on Oct 26, 1990. Recovery took 605 trading sessions.

The current L3Harris Technologies, Inc. drawdown is 6.78%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.67%Feb 24, 19831941Oct 26, 1990605Mar 19, 19932546
-59.86%Mar 26, 1998405Nov 1, 19991058Jan 20, 20041463
-57.05%Jun 2, 2008223Apr 20, 20091077Jul 30, 20131300
-48.72%Jan 4, 1982117Jun 18, 1982142Jan 10, 1983259
-38.16%Mar 8, 2022398Oct 5, 2023274Nov 6, 2024672

Volatility

Volatility Chart

The current L3Harris Technologies, Inc. volatility is 8.19%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
8.19%
4.07%
LHX (L3Harris Technologies, Inc.)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of L3Harris Technologies, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of L3Harris Technologies, Inc. compared to its peers in the Aerospace & Defense industry.


PE Ratio
50.0100.0150.0200.0250.041.5
The chart displays the price to earnings (P/E) ratio for LHX in comparison to other companies of the Aerospace & Defense industry. Currently, LHX has a PE value of 41.5. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.08.010.012.01.0
The chart displays the price to earnings to growth (PEG) ratio for LHX in comparison to other companies of the Aerospace & Defense industry. Currently, LHX has a PEG value of 1.0. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for L3Harris Technologies, Inc..


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items