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L3Harris TechnologiesLHX -1.14%84 Equity-to-Asset is 0.49 as of Jun. 2026, which is 4% above its 10-year median of 0.47. GuruFocus rates LHX with a GF Score™ of 84/100 and a GF Value™ of $266.91 (Fairly Valued). The stock has 4 warning signs investors should review. Among 363 Aerospace & Defense companies, L3Harris Technologies ranks worse than 52.89% on this metric.
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
L3Harris Technologies Equity-to-Asset Related Terms
L3Harris Technologies Equity-to-Asset Historical Data
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The historical data trend for L3Harris Technologies's Equity-to-Asset 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.
LHX vs AXON, HONA, RKLB: Equity-to-Asset Comparison
For the Aerospace & Defense subindustry, L3Harris Technologies's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where L3Harris Technologies's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
L3Harris Technologies's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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 (LHX) has a Equity-to-Asset of 0.49 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on L3Harris Technologies and its competitors. This is near median its historical median of 0.47. Over the past decade, L3Harris Technologies' Equity-to-Asset has ranged from 0.26 to 0.59. According to the industry distribution chart, L3Harris Technologies ranks #192 out of 363 companies in the Aerospace & Defense industry, placing it in the top 52.9%.
Is L3Harris Technologies' Equity-to-Asset too high?
L3Harris Technologies' current Equity-to-Asset of 0.49 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.59. The Aerospace & Defense industry median Equity-to-Asset is 0.51. L3Harris Technologies' value of 0.49 is 3.9% below this industry median. Based on the distribution chart, L3Harris Technologies ranks #192 out of 363 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, L3Harris Technologies has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does L3Harris Technologies' Equity-to-Asset compare to AXON and HONA?
According to the Aerospace & Defense industry distribution chart, L3Harris Technologies ranks #192 out of 363 companies for Equity-to-Asset. This places L3Harris Technologies in the lower half of its industry. The industry median Equity-to-Asset is 0.51. L3Harris Technologies' value of 0.49 is 3.9% below this benchmark. Historically, L3Harris Technologies' own Equity-to-Asset has ranged from 0.26 to 0.59 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.51, L3Harris Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Aerospace & Defense company?
The median Equity-to-Asset among Aerospace & Defense companies is 0.51, based on 363 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L3Harris Technologies's current Equity-to-Asset of 0.49 is 3.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on L3Harris Technologies and its competitors. For the Aerospace & Defense industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L3Harris Technologies's current Equity-to-Asset is 0.49, which is near median its own 10-year median of 0.47. 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 (LHX) is currently considered Fairly Valued. The stock's GF Value™ is $266.91, compared to a current price of $245.54 — trading 8% below its estimated fair value. The current Equity-to-Asset is 0.49, which is near median its 10-year median of 0.47 and 3.9% below the Aerospace & Defense industry median of 0.51. L3Harris Technologies' overall GF Score™ is 84/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For L3Harris Technologies (LHX), the current Equity-to-Asset is 0.49 as of Jun. 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 (LHX) Overvalued in 2026?
Based on GuruFocus' analysis, L3Harris Technologies stock appears to be undervalued.
The current stock price of $245.54 is trading 8% below its estimated GF Value™ of $266.91.
GuruFocus considers L3Harris Technologies to be Fairly Valued.
Key valuation signals for LHX:
Equity-to-Asset: 0.49 (near median its 10-year median of 0.47)
GF Value™: $266.91 vs. price of $245.54 (8% below fair value)
Industry Position: 3.9% below the Aerospace & Defense median (#192 of 363)
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.
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
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