The historical rank and industry rank for L3Harris Technologies's Net Margin % or its related term are showing as below:
LHX'
s Net Margin % Range Over the Past 10 Years
Min: 5.41 Med: 8.91 Max: 13.95
Current: 6.32
LHX's Net Margin % is ranked better than 57.89% of 304
companies
in the Aerospace & Defense industry
Industry Median: 4.975
vs LHX: 6.32
L3Harris Technologies Net Margin % Historical Data
The historical data trend for L3Harris Technologies's Net 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.
Competitive Comparison of L3Harris Technologies's Net Margin %
For the Aerospace & Defense subindustry, L3Harris Technologies's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's Net Margin % distribution charts can be found below:
* The bar in red indicates where L3Harris Technologies's Net Margin % falls into.
L3Harris Technologies Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
L3Harris Technologies's Net Margin for the fiscal year that ended in Dec. 2023 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 (NYSE:LHX) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
L3Harris Technologies Net Margin % Related Terms
Thank you for viewing the detailed overview of L3Harris Technologies's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
L3Harris Technologies (L3Harris Technologies) Business Description
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, as well as provides military and commercial training services and maintains the U.S. 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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