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L3Harris Technologies (BSP:L1HX34) FCF Yield % : 4.14 (As of Dec. 11, 2024)


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What is L3Harris Technologies FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, L3Harris Technologies's Trailing 12-Month Free Cash Flow is R$9,530 Mil, and Market Cap is R$261,832 Mil. Therefore, L3Harris Technologies's FCF Yield % for today is 4.14%.

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

BSP:L1HX34' s FCF Yield % Range Over the Past 10 Years
Min: 0.94   Med: 4.89   Max: 10.01
Current: 4.14


During the past 13 years, the highest FCF Yield % of L3Harris Technologies was 10.01%. The lowest was 0.94%. And the median was 4.89%.

BSP:L1HX34's FCF Yield % is ranked better than
80.51% of 313 companies
in the Aerospace & Defense industry
Industry Median: -0.11 vs BSP:L1HX34: 4.14

L3Harris Technologies's FCF Margin % for the quarter that ended in Sep. 2024 was 13.27%.


L3Harris Technologies FCF Yield % Historical Data

The historical data trend for L3Harris Technologies's FCF Yield % 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 Yield % Chart

L3Harris Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.60 5.63 4.42 4.30

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 Yield % 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 4.68 6.81 -2.20 6.59 6.54

Competitive Comparison of L3Harris Technologies's FCF Yield %

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

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

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



L3Harris Technologies FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

FCF Yield %=Free Cash Flow / Market Cap
=8069.971 / 187720.6065
=4.30%

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

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=3887.536 * 4 / 237860.9354
=6.54%

* 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 FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


L3Harris Technologies FCF Yield % Related Terms

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L3Harris Technologies Business Description

Traded in Other Exchanges
Address
1025 West NASA Boulevard, Melbourne, FL, USA, 32919
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.

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