L3Harris Technologies (BSP:L1HX34) 3-Year Share Buyback Ratio : 0.60% (As of Mar. 2025)

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What is L3Harris Technologies 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. L3Harris Technologies's current 3-Year Share Buyback Ratio was 0.60%.

The historical rank and industry rank for L3Harris Technologies's 3-Year Share Buyback Ratio or its related term are showing as below:

BSP:L1HX34' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -20.3 Med: 0.4 Max: 6.3
Current: 0.6

During the past 13 years, L3Harris Technologies's highest 3-Year Share Buyback Ratio was 6.30%. The lowest was -20.30%. And the median was 0.40%.

BSP:L1HX34's 3-Year Share Buyback Ratio is ranked better than
84.73% of 203 companies
in the Aerospace & Defense industry
Industry Median: -3 vs BSP:L1HX34: 0.60

Competitive Comparison of L3Harris Technologies's 3-Year Share Buyback Ratio

For the Aerospace & Defense subindustry, L3Harris Technologies's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where L3Harris Technologies's 3-Year Share Buyback Ratio falls into.

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L3Harris Technologies 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

L3Harris Technologies (BSP:L1HX34) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

L3Harris Technologies 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of L3Harris Technologies's 3-Year Share Buyback Ratio 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 (BSP:L1HX34) » Definitions » 3-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

LHX:USA LHX:Mexico 1LHX:Italy 0L3H:UK HRS:Germany LHXT:Austria

Address

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

Website

https://www.l3harris.com

L3Harris Technologies provides products primarily 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 used in the space industry and to propel munitions.

L3Harris Technologies Headlines

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