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L3Harris Technologies Profitability Rank

: 8 (As of Jun. 2022)
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L3Harris Technologies has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

L3Harris Technologies's Operating Margin % for the quarter that ended in Jun. 2022 was 11.70%. As of today, L3Harris Technologies's Piotroski F-Score is 6.


Competitive Comparison

For the Aerospace & Defense subindustry, L3Harris Technologies's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution

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

* The bar in red indicates where L3Harris Technologies's Profitability Rank falls into.



L3Harris Technologies Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

L3Harris Technologies has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

L3Harris Technologies's Operating Margin % for the quarter that ended in Jun. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=484 / 4135
=11.70 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

L3Harris Technologies has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

L3Harris Technologies Inc operating margin has been in a 5-year decline. The average rate of decline per year is -8%.

4. Consistency of the profitability

5. Predictability Rank


L3Harris Technologies Profitability Rank Related Terms

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


L3Harris Technologies Business Description

L3Harris Technologies logo
Address
1025 West NASA Boulevard, Melbourne, FL, USA, 32919
L3Harris Technologies was created in 2019 from the merger of L3 Technologies and Harris, two defense contractors that provide products for the command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) market. The firm also has smaller operations serving the civil government, particularly the Federal Aviation Administration's communication infrastructure, and produces various avionics for defense and commercial aviation.
Executives
Geraghty Joanna director C/O JETBLUE AIRWAYS CORPORATION 27-01 QUEENS PLAZA NORTH LONG ISLAND CITY NY 11101
Turner Michelle L. 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
Montesi Corliss J. officer: VP, Principal Accting. Officer L3HARRIS TECHNOLOGIES, INC. 1025 W. NASA BOULEVARD MELBOURNE FL 32919
Stackley Sean J officer: Segment President 600 THIRD AVENUE NEW YORK NY 10016
Malave Jesus Jr officer: SVP, Chief Financial Officer L3HARRIS TECHNOLOGIES INC 1025 WEST NASA BOULEVARD MELBOURNE FL 32919
Corcoran Thomas A director 3790 VIA DE LA VALLE SUITE 311 DEL MAR CA 92014
Millard Robert B director 515 POST OAK BLVD., SUITE 600 HOUSTON TX 77027
Newton Lloyd W director 6128 AUDUBON MANOR BLVD. LITHIA FL 33547
Kramer Lewis director C/O L-3 COMMUNICATIONS CORPORATION 600 THIRD AVENUE NEW YORK NY 10016
Kubasik Christopher E director, officer: President and COO
Gautier Todd W. officer: Segment President 600 THIRD AVENUE 35TH FLOOR NEW YORK NY 10016
Girard James P officer: Vice President, HR L3HARRIS TECHNOLOGIES, INC. 1025 W. NASA BOULEVARD MELBOURNE FL 32919
Lane Rita S. director 1303 E. ALGONQUIN ROAD SCHAUMBURG IL 60196
Bailey Sallie B director FERRO CORPORATION 1000 LAKESIDE AVENUE CLEVELAND OH 44124-1147

L3Harris Technologies Headlines

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