Company Analysis

L3Harris Technologies, Inc. (LHX)

NYSE: LHX · Search, Detection, Navigation, Guidance, Aeronautical Sys · Melbourne, FL · filing with the SEC since 1994
Grade5.1
◀ Past 7.2● Present 4.8▶ Future 3.5
1 est.

The grade of L3Harris Technologies, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.1/10
◀ Past7.230% of the headline
● Present4.840% of the headline
▶ Future3.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.2/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 80th percentile among 10 sector filers · read for itself

From the record

L3Harris Technologies, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.2/10

What has it actually done, year after year?

+18.7% a year over 9 filed years; profitable in 9 of 9.

weight 45% of this tense · 62nd percentile among 9 sector filers · read for its customers

From the record

L3Harris Technologies, Inc.'s 9 filed years say what it did: revenue went from $5.9 billion in fiscal 2017 to $21 billion in fiscal 2025, up 18.7% a year; it rose in 6 of 8 years; the deepest fall was 6% from fiscal 2021 to fiscal 2022; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span18.7%top 31% of its family
  • the share of years revenue rosetop 50% of its family
  • the share of filed years with a profittop 33% of its family
  • the deepest fall from a revenue peak6.2%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.1/10

How has it treated the people who own it?

Share count shrank 0.9% a year. 63% of cash flow returned. Insiders: 7 sales, 0 purchases.

weight 22% of this tense · 81st percentile among 7 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-01-02, L3Harris Technologies, Inc.'s diluted share count shrank about 0.9% a year, and dividends and buybacks returned about 63% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 7 sales (7 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-03 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 17% of its family
  • cash returned against operating cash flowtop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE 8%: 8¢ of profit per shareholder dollar. Leverage 52%: owes 52¢ per asset dollar.

weight 45% of this tense · 53rd percentile among 9 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-01-02, L3Harris Technologies, Inc. earned about 8 cents of profit for every dollar of shareholders' money. Leverage: it owed about 52 cents per dollar of assets, and net share issuance: its share count shrank 1.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 39% of its family
  • return on equitybottom 36% of its family
  • the share count against the year beforetop 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.5/10

How strong is its position in its industry?

top 45% of 9 in its family; net margin 7%.

weight 33% of this tense · 55th percentile among 9 sector filers · read for its customers

From the record

L3Harris Technologies, Inc.'s standing among 9 graded names in its industry family: revenue of $21 billion in fiscal 2025 ranks in the top 17% by size; a net margin of 7% ranks in the bottom 31%; revenue growth of 6.2% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • revenue against the family$21.32Btop 17% of its family
  • net margin7.0%bottom 31% of its family
  • three-year revenue growth6.2%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.7/10

What are the people in charge doing?

bottom 27% of 8 in its family for leadership; chief executive since 2026.

weight 22% of this tense · 27th percentile among 8 sector filers · read for its shareholders

From the record

L3Harris Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Mehta, Samir (President and CEO, as filed), filing under that title since 2026-09-02, 2 months (bottom 7% of its family); the 24 officers and directors filing in the last fifteen months have been on the record a median of 3.8 years (bottom 36%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 24 people in charge now (bottom 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge14 in three years among 24 peoplebottom 39% of its family
  • the median years the people in charge have filed3.8 yearsbottom 36% of its family
  • the chief executive's years on the record2 monthsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.5/1030% of the headline grade · 2 of 3 filed, 1 estimated

Room to expand

SI estimate
1.7/10

How much room does it have to grow?

SI estimate 1.7/10, confidence 35 of 100 (one part).

weight 45% of this tense · 17th percentile among 9 sector filers · read for itself

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, cash less debt against assets, which ranks in the bottom 17% of 9 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
What the record cannot read
The record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue.
How it was reasoned
one part: cash less debt against assets, the one part on file, ranked among 9 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: L3Harris Technologies, Inc.'s room to expand is put at 1.7 of 10 with a confidence of 35 of 100, because read from one part only, cash less debt against assets, which ranks in the bottom 17% of 9 in its family; the record does not carry two of the four parts: cash less debt against assets, cash from operations less capital spending against revenue, gross margin, research against revenue. A filing that carries the missing parts replaces this estimate with the filed reading.

Growth drivers

as filed
4.7/10

What could actually drive growth from here?

bottom 47% of 9 in its family for growth drivers.

weight 33% of this tense · 47th percentile among 9 sector filers · read for its customers

From the record

L3Harris Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 6.2% a year over the last three filed years against 18.7% over all 9, slowing (bottom 19% of its family); the newest year grew 9.7% (top 39%); capital spending grew 18.9% a year (top 39%) (its annual reports). L3Harris Technologies, Inc. reported 4 lines of business in fiscal 2025: Space and Airborne Systems at $6.9 billion, Integrated Mission Systems at $6.6 billion, Communication Systems at $5.7 billion, and 1 more. 4 of 4 grew in the latest filed year, and the largest line is 31% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span-12.5 points a yearbottom 19% of its family
  • the newest year's revenue growth9.7%top 39% of its family
  • three-year growth of capital spending18.9%top 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.3/10

Did its newest year beat what its own record pointed to?

top 47% of 8 in its family for expectations against reality.

weight 22% of this tense · 53rd percentile among 8 sector filers · read for its shareholders

From the record

L3Harris Technologies, Inc.'s newest year against its own record: revenue of $21 billion in fiscal 2025 came in 5.2% above the $20 billion its prior three years' pace pointed to (top 28% of its family); net income of $1.5 billion against a prior three-year average of $1.4 billion (bottom 44%); a net margin of 7% against 7.6% before (bottom 44%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.2%top 28% of its family
  • net income against the prior three years' average+9%bottom 44% of its family
  • net margin against its prior average-0.6 pointsbottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton LHX · research, not advice