L3Harris Technologies (MEX:LHX) EBIT: MXN48,445 Mil (TTM As of Mar. 2026)


MEX:LHX L3Harris Technologies Inc MEX:LHX
71 GF Score
Price MXN5,183.00
GF Value MXN4,647.49
Valuation Modestly Overvalued
! 5 Warning Signs
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What is L3Harris Technologies EBIT?

L3Harris Technologies MEX:LHX 71 EBIT is MXN48,445 Mil as of Mar. 2026. GuruFocus rates MEX:LHX with a GF Score™ of 71/100 and a GF Value™ of MXN4,647.49 (Modestly Overvalued). The stock has 5 warning signs investors should review.

L3Harris Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN13,074 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN48,445 Mil.

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 Mar. 2026 was 5.82%. L3Harris Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 109.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. L3Harris Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.26%.


L3Harris Technologies  (MEX:LHX) 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 Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=46307.972 * ( 1 - 13.07% )/( (678184.691 + 706106.435)/ 2 )
=40255.5200596/692145.563
=5.82 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=741744.812 - 44312.028 - ( 19248.093 - max(0, 130109.188 - 154722.98+19248.093))
=678184.691

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=746193.127 - 34803.111 - ( 10639.293 - max(0, 155099.253 - 160382.834+10639.293))
=706106.435

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

L3Harris Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=52294.832/( ( (47985.191 + max(-47679.093, 0)) + (47930.917 + max(-29952.315, 0)) )/ 2 )
=52294.832/( ( 47985.191 + 47930.917 )/ 2 )
=52294.832/47958.054
=109.04 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24685.815 + 21948.948 + 23677.496) - (44312.028 + 40728.893 + 32950.431)
=-47679.093

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(34478.522 + 22252.352 + 29357.236) - (34803.111 + 49337.467 + 31899.847)
=-29952.315

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) 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:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=48444.72/1137386.362
=4.26 %

* 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


L3Harris Technologies EBIT Historical Data

* Premium members only.

The historical data trend for L3Harris Technologies's EBIT 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 EBIT Chart

L3Harris Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52,269.67 30,257.79 29,942.57 47,384.15 45,536.42

L3Harris Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12,459.04 12,728.54 13,189.48 9,452.99 13,073.71

MEX:LHX vs TDG, HEI.A, NOC: EBIT Comparison

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 EV-to-EBIT vs 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.


MEX:LHX
71GF Score
L3Harris Technologies Inc MEX:LHX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN48,445 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN48,445 Mil mean?
L3Harris Technologies (MEX:LHX) has a EBIT of MXN48,445 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on L3Harris Technologies.
Is L3Harris Technologies' EBIT too high?
L3Harris Technologies' current EBIT is MXN48,445 Mil. Overall, L3Harris Technologies has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L3Harris Technologies' EBIT compare to TDG and HEI.A?
L3Harris Technologies' EBIT of MXN48,445 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on L3Harris Technologies. L3Harris Technologies's current EBIT is MXN48,445 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L3Harris Technologies stock overvalued right now?
Based on GuruFocus' analysis, L3Harris Technologies (MEX:LHX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,647.49, compared to a current price of MXN5,183.00 — trading 11.5% above its estimated fair value. The current EBIT is MXN48,445 Mil. L3Harris Technologies' overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For L3Harris Technologies (MEX:LHX), the current EBIT is MXN48,445 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is L3Harris Technologies (MEX:LHX) Overvalued in 2026?

Based on GuruFocus' analysis, L3Harris Technologies stock appears to be overvalued. The current stock price of MXN5,183.00 is trading 11.5% above its estimated GF Value™ of MXN4,647.49. GuruFocus considers L3Harris Technologies to be Modestly Overvalued.

Key valuation signals for MEX:LHX:

  • EBIT: MXN48,445 Mil
  • GF Value™: MXN4,647.49 vs. price of MXN5,183.00 (11.5% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the MEX: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.
71GF Score

Get the complete analysis for MEX:LHX

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

MXN5,183.00
Price
MXN4,647.49
GF Value