LHX (L3Harris Technologies) FCF Margin % : 13.27% (As of Sep. 2024)

View and export this data going back to 1955. Start your Free Trial

What is L3Harris Technologies FCF Margin %?

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. L3Harris Technologies's Free Cash Flow for the three months ended in Sep. 2024 was $702 Mil. L3Harris Technologies's Revenue for the three months ended in Sep. 2024 was $5,292 Mil. Therefore, L3Harris Technologies's FCF Margin % for the quarter that ended in Sep. 2024 was 13.27%.

As of today, L3Harris Technologies's current FCF Yield % is 4.23%.

The historical rank and industry rank for L3Harris Technologies's FCF Margin % or its related term are showing as below:

LHX' s FCF Margin % Range Over the Past 10 Years
Min: 7.63 Med: 12.88 Max: 18.17
Current: 8.48

During the past 13 years, the highest FCF Margin % of L3Harris Technologies was 18.17%. The lowest was 7.63%. And the median was 12.88%.

LHX's FCF Margin % is ranked better than
75.32% of 308 companies
in the Aerospace & Defense industry
Industry Median: 0.105 vs LHX: 8.48

L3Harris Technologies FCF Margin % Historical Data

The historical data trend for L3Harris Technologies's FCF Margin % 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.

* Premium members only.

L3Harris Technologies FCF Margin % Chart

L3Harris Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Dec21

Dec22

Dec23

FCF Margin %

Get a 7-Day Free Trial

15.06

13.31

13.16

11.17

8.48

L3Harris Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
FCF Margin %	Get a 7-Day Free Trial															8.04	12.21	-4.20	12.40	13.27

Competitive Comparison of L3Harris Technologies's FCF Margin %

For the Aerospace & Defense subindustry, L3Harris Technologies's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's FCF Margin % distribution charts can be found below:

* The bar in red indicates where L3Harris Technologies's FCF Margin % falls into.

L3Harris Technologies FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

L3Harris Technologies's FCF Margin for the fiscal year that ended in Dec. 2023 is calculated as

FCF Margin	=	Free Cash Flow (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	1647	/	19419
	=	8.48 %

L3Harris Technologies's FCF Margin for the quarter that ended in Sep. 2024 is calculated as

FCF Margin	=	Free Cash Flow (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	702	/	5292
	=	13.27 %

L3Harris Technologies FCF Margin % Related Terms

Thank you for viewing the detailed overview of L3Harris Technologies's FCF Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

L3Harris Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » L3Harris Technologies Inc (NYSE:LHX) » Definitions » FCF Margin %

Comparable Companies

Traded in Other Exchanges

0L3H:UK HRS:Germany HRS:Germany L1HX34:Brazil LHXT:Austria

Address

1025 West NASA Boulevard, Melbourne, FL, USA, 32919

Website

https://www.l3harris.com

L3Harris Technologies provides products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance, or C4ISR, market. The firm produces uncrewed aerial vehicles, sensors, and avionics, provides military and commercial training services, and maintains the us Federal Aviation Administration's communications infrastructure. In July 2023, the company acquired Aerojet Rocketdyne, a key supplier of rocket motors to the space and defense industry.

Executives

Ross Niebergall	officer: President, Aerojet Rocketdyne	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Christopher E Kubasik	director, officer: President and COO
Scott T Mikuen	officer: VP-General Counsel & Secretary	HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Sean J Stackley	officer: Segment President	600 THIRD AVENUE, NEW YORK NY 10016
Edward J Zoiss	officer: President, Electronic Systems	HARRIS CORPORATION, 1395 TROUTMAN BOULEVARD NE, PALM BAY FL 32904
Melanie Rakita	officer: Vice President & CHRO	C/O L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Rice Edward A Jr	director	C/O L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Samir Mehta	officer: Pres., Communication Systems	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Dana A Mehnert	officer: President, RF Communications	HARRIS CORPORATION, 1680 UNIVERSITY AVENUE, ROCHESTER NY 14610
James P Girard	officer: Vice President, HR	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Jon Rambeau	officer: Pres., Integrated Mission Sys.	L3HARRIS TECHNOLOGIES, INC., 1395 TROUTMAN BLVD., NE, PALM BAY FL 32905
Christina L Zamarro	director	200 INNOVATION WAY, AKRON OH 44316
Joanna Geraghty	director	C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Michelle L. Turner	officer: SVP, Chief Financial Officer	L3HARRIS TECHNOLOGIES, INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Harris Harry B. Jr	director	L3HARRIS TECHNOLOGIES INC., 1025 W. NASA BOULEVARD, MELBOURNE FL 32919