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L3Harris TechnologiesLHX +0.18%86 5-Year Yield-on-Cost % is 2.21 as of Jul. 27, 2026, which is 6% below its 10-year median of 2.36. GuruFocus rates LHX with a GF Score™ of 86/100 and a GF Value™ of $260.14 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 172 Aerospace & Defense companies, L3Harris Technologies ranks better than 69.77% on this metric.
L3Harris Technologies's yield on cost for the quarter that ended in Mar. 2026 was 2.21.
The historical rank and industry rank for L3Harris Technologies's 5-Year Yield-on-Cost % or its related term are showing as below:
LHX'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.25 Med: 2.36 Max: 3.76
Current: 2.21
During the past 13 years, L3Harris Technologies's highest Yield on Cost was 3.76. The lowest was 1.25. And the median was 2.36.
LHX's 5-Year Yield-on-Cost % is ranked better than 69.77% of 172
companies
in the Aerospace & Defense industry
Industry Median: 1.015
vs LHX: 2.21
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
L3Harris Technologies 5-Year Yield-on-Cost % Related Terms
LHX vs HONA, TDG, HEI.A: 5-Year Yield-on-Cost % Comparison
For the Aerospace & Defense subindustry, L3Harris Technologies's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, L3Harris Technologies's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where L3Harris Technologies's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
L3Harris Technologies (LHX) has a 5-Year Yield-on-Cost % of 2.21 as of Jul. 27, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on L3Harris Technologies and its competitors. This is near median its historical median of 2.36. Over the past decade, L3Harris Technologies' 5-Year Yield-on-Cost % has ranged from 1.25 to 3.76. According to the industry distribution chart, L3Harris Technologies ranks #52 out of 172 companies in the Aerospace & Defense industry, placing it in the top 30.2%.
Is L3Harris Technologies' 5-Year Yield-on-Cost % too high?
L3Harris Technologies' current 5-Year Yield-on-Cost % of 2.21 is near median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 3.76. The Aerospace & Defense industry median 5-Year Yield-on-Cost % is 1.02. L3Harris Technologies' value of 2.21 is 117.7% above this industry median. Based on the distribution chart, L3Harris Technologies ranks #52 out of 172 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, L3Harris Technologies has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does L3Harris Technologies' 5-Year Yield-on-Cost % compare to HONA and TDG?
According to the Aerospace & Defense industry distribution chart, L3Harris Technologies ranks #52 out of 172 companies for 5-Year Yield-on-Cost %. This puts L3Harris Technologies in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 1.02. L3Harris Technologies' value of 2.21 is 117.7% above this benchmark. Historically, L3Harris Technologies' own 5-Year Yield-on-Cost % has ranged from 1.25 to 3.76 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 1.02, L3Harris Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for an Aerospace & Defense company?
The median 5-Year Yield-on-Cost % among Aerospace & Defense companies is 1.02, based on 172 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. L3Harris Technologies's current 5-Year Yield-on-Cost % of 2.21 is 117.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on L3Harris Technologies and its competitors. For the Aerospace & Defense industry, the median 5-Year Yield-on-Cost % is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L3Harris Technologies's current 5-Year Yield-on-Cost % is 2.21, which is near median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L3Harris Technologies stock overvalued right now?
Based on GuruFocus' analysis, L3Harris Technologies (LHX) is currently considered Modestly Overvalued. The stock's GF Value™ is $260.14, compared to a current price of $300.21 — trading 15.4% above its estimated fair value. The current 5-Year Yield-on-Cost % is 2.21, which is near median its 10-year median of 2.36 and 117.7% above the Aerospace & Defense industry median of 1.02. L3Harris Technologies' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For L3Harris Technologies (LHX), the current 5-Year Yield-on-Cost % is 2.21 as of Jul. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is L3Harris Technologies (LHX) Overvalued in 2026?
Based on GuruFocus' analysis, L3Harris Technologies stock appears to be overvalued.
The current stock price of $300.21 is trading 15.4% above its estimated GF Value™ of $260.14.
GuruFocus considers L3Harris Technologies to be Modestly Overvalued.
Key valuation signals for LHX:
5-Year Yield-on-Cost %: 2.21 (near median its 10-year median of 2.36)
GF Value™: $260.14 vs. price of $300.21 (15.4% above fair value)
Industry Position: 117.7% above the Aerospace & Defense median (#52 of 172)
No single metric tells the full story. See the LHX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
In addition to its legacy software-defined radio franchise, L3Harris Technologies has through a series of acquisitions established franchises producing uncrewed aerial vehicles, sensors, avionics, space-based systems, missiles, and solid rocket motors. It is also adept at refitting civilian aircraft for military use, provides military and commercial training services, and maintains the US Federal Aviation Administration's communications infrastructure.
86GF Score
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