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

L3Harris Technologies market cap is $44.9 b, and annual revenue was $6.8 b in FY 2019

$44.9 B

LHX Mkt cap, 07-May-2021

$4.6 B

L3Harris Technologies Revenue Q1, 2021
L3Harris Technologies Gross profit (Q1, 2021)1.4 B
L3Harris Technologies Gross profit margin (Q1, 2021), %29.6%
L3Harris Technologies Net income (Q1, 2021)466 M
L3Harris Technologies EBIT (Q1, 2021)469 M
L3Harris Technologies Cash, 02-Apr-2021976 M
L3Harris Technologies EV51.8 B

L3Harris Technologies Revenue

L3Harris Technologies revenue was $6.8 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

Annual

USDFY, 2017FY, 2018FY, 2019

Revenue

5.9b6.2b6.8b

Revenue growth, %

(21%)5%10%

Cost of goods sold

3.8b3.9b4.5b

Gross profit

2.1b2.3b2.3b

Gross profit Margin, %

35%36%34%

General and administrative expense

1.0b1.1b1.2b

Operating expense total

1.0b1.1b1.2b

EBIT

1.1b1.1b1.1b

EBIT margin, %

18%18%16%

Interest expense

172.0m170.0m169.0m

Interest income

2.0m2.0m2.0m

Pre tax profit

905.0m926.0m1.1b

Income tax expense

267.0m205.0m160.0m

Net Income

553.0m718.0m949.0m

EPS

4.45.97.9

L3Harris Technologies Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019

Cash

484.0m288.0m530.0m

Accounts Receivable

623.0m735.0m457.0m

Inventories

841.0m925.0m360.0m

Current Assets

2.1b2.2b2.6b

PP&E

904.0m900.0m894.0m

Goodwill

5.4b5.4b5.3b

Total Assets

10.1b9.8b10.1b

Accounts Payable

540.0m622.0m525.0m

Short-term debt

634.0m382.0m1.2b

Current Liabilities

1.9b1.8b2.3b

Long-term debt

3.4b3.4b2.8b

Non-Current Liabilities

5.2b4.7b4.5b

Total Debt

4.0b3.8b3.9b

Total Liabilities

7.2b6.5b6.8b

Common Stock

120.0m118.0m119.0m

Additional Paid-in Capital

1.7b1.7b1.8b

Retained Earnings

1.3b1.7b2.2b

Total Equity

2.9b3.3b3.4b

Debt to Equity Ratio

1.4 x1.1 x1.2 x

Debt to Assets Ratio

0.4 x0.4 x0.4 x

Financial Leverage

3.4 x3 x3 x

L3Harris Technologies Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019

Net Income

553.0m718.0m949.0m

Depreciation and Amortization

183.0m158.0m258.0m

Accounts Receivable

111.0m(112.0m)(9.0m)

Inventories

28.0m(84.0m)(1.0m)

Accounts Payable

18.0m82.0m(84.0m)

Cash From Operating Activities

569.0m751.0m1.2b

Purchases of PP&E

(119.0m)(136.0m)(161.0m)

Cash From Investing Activities

870.0m(141.0m)(159.0m)

Long-term Borrowings

(584.0m)(1.7b)(308.0m)

Dividends Paid

(262.0m)(272.0m)(325.0m)

Cash From Financing Activities

(1.4b)(805.0m)(781.0m)

Net Change in Cash

(3.0m)(196.0m)242.0m

L3Harris Technologies Ratios

USDFY, 2017

Revenue/Employee

310.5k

Debt/Equity

1.4 x

Debt/Assets

0.4 x

Financial Leverage

3.4 x

L3Harris Technologies Operating Metrics

L3Harris Technologies's Backlog was reported to be $20.8b in Q3, 2021.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2021

Order Volume (Tactical Communications)

$1.24 b$681 m$353 m$332 m$1.76 b$502 m$448 m$289 m$1.73 b

Backlog Funded (Tactical Communications)

$494 m$879 m$884 m$880 m$924 m$1.09 b$1.15 b$1.03 b$1.08 b

Backlog

$7.9 b$8 b$8.5 b$8.3 b$20.4 b$19.8 b$20.8 b

Backlog Funded

$4.2 b$5.2 b$5.8 b

Backlog Funded (Communication Systems)

$1.1 b$1.5 b$1.7 b

Backlog Funded (Electronic Systems)

$1.9 b$2.6 b$3 b

Backlog Funded (Space and Intelligence Systems)

$1.1 b$1.1 b$1.2 b

Countries

100100130

Engineers And Scientists

7.7 k7.9 k8 k

Patent Applications

550360370

Patents (Foreign)

1.24 k1.37 k1.6 k

Patents (US)

1.8 k1.75 k1.77 k

Patents Pending (Foreign)

390210210

Patents Pending (US)

160150160

L3Harris Technologies Employee Rating

3.71084 votes
Culture & Values
3.4
Work/Life Balance
3.6
Senior Management
3.1
Salary & Benefits
3.5
Career Opportunities
3.5
Source