LHX (L3Harris Technologies) Debt-to-EBITDA : (As of Jun. 2026)

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LHX L3Harris Technologies Inc LHX
84 GF Score
Price $247.29
GF Value $267.22
Valuation Fairly Valued
! 4 Warning Signs
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What is L3Harris Technologies Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

L3Harris Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1,815 Mil. L3Harris Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $10,152 Mil. L3Harris Technologies's annualized EBITDA for the quarter that ended in Jun. 2026 was $4,508 Mil. L3Harris Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.65.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for L3Harris Technologies's Debt-to-EBITDA or its related term are showing as below:

LHX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.23   Med: 2.94   Max: 4.48
Current: 2.75

During the past 13 years, the highest Debt-to-EBITDA Ratio of L3Harris Technologies was 4.48. The lowest was 2.23. And the median was 2.94.

LHX's Debt-to-EBITDA is ranked worse than
63.86% of 249 companies
in the Aerospace & Defense industry
Industry Median: 1.88 vs LHX: 2.75

L3Harris Technologies  (NYSE:LHX) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

L3Harris Technologies Debt-to-EBITDA Related Terms

L3Harris Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for L3Harris Technologies's Debt-to-EBITDA can be seen below:

* 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 Debt-to-EBITDA Chart

L3Harris Technologies Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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L3Harris Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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LHX vs AXON, HONA, RKLB: Debt-to-EBITDA Comparison

For the Aerospace & Defense subindustry, L3Harris Technologies's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Aerospace & Defense Industry

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

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


LHX
84GF Score
L3Harris Technologies Inc LHX
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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L3Harris Technologies Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

L3Harris Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(805 + 10443) / 3753
=3.00

L3Harris Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1815 + 10152) / 4508
=2.65

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Is L3Harris Technologies (LHX) Overvalued in 2026?

Based on GuruFocus' analysis, L3Harris Technologies stock appears to be undervalued. The current stock price of $247.29 is trading 7.5% below its estimated GF Value™ of $267.22. GuruFocus considers L3Harris Technologies to be Fairly Valued.

Key valuation signals for LHX:

  • Debt-to-EBITDA:
  • GF Value™: $267.22 vs. price of $247.29 (7.5% below fair value)
  • GF Score™: 84/100 with 4 warning signs

No single metric tells the full story. See the LHX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

L3Harris Technologies Business Description

Address 1025 West NASA Boulevard, Melbourne, FL, USA, 32919
In addition to its legacy software-defined radio franchise, L3Harris Technologies has through a series of acquisitions established franchises producing uncrewed aerial vehicles, sensors, avionics, space-based systems, missiles, and solid rocket motors. It is also adept at refitting civilian aircraft for military use, provides military and commercial training services, and maintains the US Federal Aviation Administration's communications infrastructure.
84GF Score

Get the complete analysis for LHX

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$247.29
Price
$267.22
GF Value