L3Harris Technologies (FRA:HRS) EBIT : €1,640 Mil (TTM As of Dec. 2023)

L3Harris Technologies EBIT Chart

L3Harris Technologies Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Dec20	Dec21	Dec22	Dec23
EBIT		Get a 7-Day Free Trial					1,132.80	1,295.47	2,254.98	1,465.09	1,617.59

L3Harris Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															573.01	443.65	445.81	523.78	226.50

Competitive Comparison of L3Harris Technologies's EBIT

For the Aerospace & Defense subindustry, L3Harris Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

L3Harris Technologies's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where L3Harris Technologies's EV-to-EBIT falls into.

L3Harris Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,640 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

L3Harris Technologies  (FRA:HRS) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

L3Harris Technologies's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

L3Harris Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

where Working Capital is:

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

L3Harris Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

L3Harris Technologies EBIT Related Terms

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L3Harris Technologies (FRA:HRS) Business Description