L3Harris Technologies (LHX) stock price, revenue, and financials

L3Harris Technologies market cap is $39 b, and annual revenue was $6.80 b in FY 2019

$39 B

LHX Mkt cap, 22-May-2020

$9.3 B

L3Harris Technologies Revenue H2, 2020
L3Harris Technologies Gross profit (H2, 2020)2.5 B
L3Harris Technologies Gross profit margin (H2, 2020), %27.4%
L3Harris Technologies Net income (H2, 2020)834 M
L3Harris Technologies EBIT (H2, 2020)823 M
L3Harris Technologies Cash, 03-Jan-2020824 M
L3Harris Technologies EV45.9 B

L3Harris Technologies Revenue

L3Harris Technologies revenue was $6.80 b in FY, 2019 which is a 10% year over year increase from the previous period.

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L3Harris Technologies Revenue Breakdown

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L3Harris Technologies revenue breakdown by business segment: 37.9% from Electronic Systems, 30.2% from Space and Intelligence Systems and 31.9% from Communication Systems

L3Harris Technologies revenue breakdown by geographic segment: 55.7% from U.S. and 44.3% from International

L3Harris Technologies Income Statement

L3Harris Technologies Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

487.0m484.0m288.0m530.0m

Accounts Receivable

937.0m623.0m735.0m457.0m

Inventories

964.0m841.0m925.0m360.0m

Current Assets

2.6b2.1b2.2b2.6b

PP&E

1.0b904.0m900.0m894.0m

Goodwill

6.0b5.4b5.4b5.3b

Total Assets

12.0b10.1b9.8b10.1b

Accounts Payable

602.0m540.0m622.0m525.0m

Short-term debt

382.0m634.0m382.0m1.2b

Current Liabilities

2.0b1.9b1.8b2.3b

Long-term debt

4.1b3.4b3.4b2.8b

Non-Current Liabilities

7.0b5.2b4.7b4.5b

Total Debt

4.5b4.0b3.8b3.9b

Total Liabilities

8.9b7.2b6.5b6.8b

Common Stock

125.0m120.0m118.0m119.0m

Additional Paid-in Capital

2.1b1.7b1.7b1.8b

Retained Earnings

1.3b1.3b1.7b2.2b

Total Equity

3.1b2.9b3.3b3.4b

Debt to Equity Ratio

1.5 x1.4 x1.1 x1.2 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x0.4 x

Financial Leverage

3.9 x3.4 x3 x3 x

L3Harris Technologies Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

324.0m553.0m718.0m949.0m834.0m

Depreciation and Amortization

229.0m183.0m158.0m258.0m442.0m

Accounts Receivable

192.0m111.0m(112.0m)(9.0m)74.0m

Inventories

(28.0m)28.0m(84.0m)(1.0m)158.0m

Accounts Payable

82.0m18.0m82.0m(84.0m)(148.0m)

Cash From Operating Activities

924.0m569.0m751.0m1.2b939.0m

Purchases of PP&E

(152.0m)(119.0m)(136.0m)(161.0m)(173.0m)

Cash From Investing Activities

(1.0m)870.0m(141.0m)(159.0m)1.3b

Long-term Borrowings

(730.0m)(584.0m)(1.7b)(308.0m)(505.0m)

Dividends Paid

(252.0m)(262.0m)(272.0m)(325.0m)(337.0m)

Cash From Financing Activities

(893.0m)(1.4b)(805.0m)(781.0m)(2.0b)

Net Change in Cash

6.0m(3.0m)(196.0m)242.0m294.0m

L3Harris Technologies Ratios

USDY, 2020

EV/EBIT

55.7 x

EV/CFO

48.8 x

Revenue/Employee

185.3k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.7 x

P/E Ratio

49.2

L3Harris Technologies Operating Metrics

L3Harris Technologies's Backlog was reported to be $20.6b in H2, 2020.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020H2, 2020

Order Volume (Tactical Communications)

$1.13 b$288 m$263 m$286 m$1.24 b$404 m$238 m$290 m$1.17 b$369 m$301 m$279 m$1.24 b$681 m$353 m$332 m$1.76 b$502 m$448 m$289 m$1.73 b$371 m

Backlog Funded (Tactical Communications)

$564 m$575 m$521 m$451 m$601 m$665 m$556 m$511 m$472 m$530 m$555 m$507 m$494 m$879 m$884 m$880 m$924 m$1.09 b$1.15 b$1.03 b$1.08 b

Backlog

$7.20 b$12.20 b$10.80 b$7.90 b$8 b$8.50 b$8.30 b$20.30 b$20.60 b

Backlog Funded

$3 b$5.30 b$5.10 b$4.20 b$5.20 b$5.80 b$16.20 b

Backlog Funded (Communication Systems)

$1 b$1.10 b$1.50 b$1.70 b

Backlog Funded (Electronic Systems)

$1.90 b$1.90 b$2.60 b$3 b

Backlog Funded (Space and Intelligence Systems)

$1.10 b$1.10 b$1.10 b$1.20 b

Countries

125 125 100 100 100 130 130

Engineers And Scientists

6 k9.20 k9 k7.70 k7.90 k8 k20 k

Patent Applications

1 k1.40 k800 550 360 370 560

Patents (Foreign)

1.07 k1.89 k1.70 k1.24 k1.37 k1.60 k2.07 k

Patents (US)

1.10 k1.87 k1.90 k1.80 k1.75 k1.77 k2.46 k

Patents Pending (Foreign)

640 1.04 k600 390 210 210 280

Patents Pending (US)

340 360 200 160 150 160 280

Twelve-Month Backlog

$8.30 b

L3Harris Technologies Employee Rating

3.4294 votes
Culture & Values
3.3
Work/Life Balance
3.5
Senior Management
3.0
Salary & Benefits
3.4
Career Opportunities
3.3
Source