LHX · L3harris Technologies, Inc. /De/
$236.87
+2.15 (+0.92%)
At close · Oct 14
Return incl. dividend (before tax)
Market Cap
$43.71B
Shares
186.21M
Volume · Oct 14
2.43M
Avg daily vol (3M)
1.6M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$237.50
Open$237.88
Day$236.09–239.44
52W close$233.63–378.48
Avg vol 30d1.6M
Short int4.5M · 2.4% float · 2.6d
Short vol14%
Last earningsJul 6, 2026
DataJan 2020–Oct 2026
Filing10-Q · Jul 30
Up next
Next earnings release
Oct 29, 2026
Announced
· in 2 wks
Next earnings call
Oct 29, 2026
Scheduled
· in 2 wks
filed Jul 30, 2026
call held Jul 6, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$39.15B
Trailing 12 months
Net income (TTM)
$1.87B
Trailing 12 months
Revenue growth YoY
+8.4%
Year over year
Operating margin
10.3%
Trailing 12 months
P / E (TTM)
23.7
Trailing earnings · reciprocal yield 4.2%
FCF yield
6.4%
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
—
Latest balance sheet
Dividend yield
2.1%
Trailing 12 months
Shares change YoY
-0.3%
Year over year · fewer shares
Price change (1Y)
-20.0%
Trailing year
Short interest
2.4%
Latest settlement · 2.6 days to cover
AI Brief
Q2 FY26 earnings call · Jul 29, 2026
Q2 FY26
TL;DR. L3Harris posted strong Q2 2026 results with broad-based revenue growth and a record $42B backlog, and raised full-year 2026 revenue guidance by $200M at both ends and EPS guidance by $0.40 at both ends, while securing a ~$12B seven-year THAAD/PAC-3 framework agreement and pushing the Missile Solutions IPO to mid-2027.
Bullish
- + Raised full-year 2026 revenue range by $200M at both ends to $23.2B-$23.7B and EPS range by $0.40 at both ends to $11.80-$12.00. new
- + Signed ~$12B seven-year THAAD and PAC-3 framework agreement, potentially tripling Missile Solutions backlog with $20B in additional contracts being negotiated. new
- + Communications & Spectrum Dominance margin expanded 230 bps to 26.9% on stronger international volume and NGC2/smart radio momentum. new
Bearish
- − Space & Mission Systems segment margin fell 60 bps YoY to 9.8% in Q2 due to absence of a $75M prior-year product line sale gain. new
- − Divestiture of the commercial space propulsion business creates an ~$0.20 EPS headwind and removes a growth contributor from Missile Solutions. new
- − Defense budget uncertainty remains a risk, with potential for CRs, reconciliation debates, and elections to pressure the outlook despite management's positive stance. new
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Neutral
SellHoldBuy
Technical
Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
Moderate
Market backdrop
VIX 15.3 · calm
Equity put/call 0.54
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−23%
below
Price vs 50-day avg
−7%
below
RSI (14)
39
neutral
MACD trend
Positive
52-week position
3%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−5%
trailing
6-month return
−28%
trailing
YTD return
−19%
this year
Relative strength
−37%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $257 › 200d $308 — 200d above 50d
Institutional flow
Accumulating
134 of 1,705 funds reported for Sep 30 · net +218.8K sh shares · +7 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
2.43% of float · ▲ +1.0% MoM · 2.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,705 holders — near 3-yr high, broad support
Squeeze score
52
elevated · 0–100
Fundamentals
Revenue growth
+5%
Y/Y
Gross margin
30%
expanding
EPS growth
+8%
Y/Y
Free cash flow
$2.7B
Valuation
P/E 23.7
below peers
Buyback
$1.7B
remaining
Balance sheet
$4.3B
net debt
Quant / Vol
risk profile
Volatility
28%
annualized · 1-yr
Max drawdown
−38%
past year
ATR
2.0%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Jul 29, 2026
full-year 2026
Full-year revenue
$23.2B – $23.7B
Organic revenue growth
Non-GAAP
8% – 10%
Net interest expense
$560M
Diluted earnings per share
Maintained
$11.80 – $12.00
Jul 6, 2026
$11.80 – $12.00
changed to
Jul 29, 2026
$11.80 – $12.00
prior FY $8.53
midpoint +39.5% Y/Y
Space and Mission Systems full-year revenue
Maintained
$11.7B
Jul 6, 2026
$11.7B
changed to
Jul 29, 2026
$11.7B
full-year
Free cash flow
Maintained
$3B
Jul 6, 2026
$3B
changed to
Jul 29, 2026
$3B
Guided vs delivered
· last 5 settled
Revenue
2024
guided $21B – $21.3B
$21.33B
Beat +0.8%
Revenue
2023
guided $18B – $18.3B
$19.42B
Beat +7.0%
Revenue
2022
guided $16.8B
$17.06B
Beat +1.6%
GAAP EPS
2022
guided $5.80 – $6.05
$5.49
Miss −7.3%
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−23%
Bearish
Price vs 50-day avg
−7%
Bearish
RSI (14)
39
Neutral
MACD trend
Positive
Bullish
52-week position
3%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $257 › 200d $308 — 200d above 50d
Institutional flow
Accumulating
134 of 1,705 funds reported for Sep 30 · net +218.8K sh shares · +7 new
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
2.43% of float · ▲ +1.0% MoM · 2.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
1,705 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $234
Now $238 · 3%
Range high $378
vs 200-day avg -23%
vs 50-day avg -7%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| ETR | 15.5% | Second Quarter 2026 filing | — |
| Backlog | 42B | second quarter 2026 | — |
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| Free cash flow non-GAAP | $771M | second quarter 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net cash provided by operating activities 879M
-108M Capital expenditures
+0M Proceeds from disposal of property, plant and equipment, net
= Free cash flow 771M
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| Orders | 7.3B | second quarter 2026 | -12.0% |
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| Segment operating margin non-GAAP | 16% | second quarter 2026 | — |
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| company-funded R&D costs | 536M | fiscal 2025 filing | — |
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| Contractual Backlog | $38.7B | fiscal 2025 filing | — |
| Effective Tax Rate | 16.9% | fiscal 2025 filing | — |
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| International revenue | $4.8B | fiscal 2025 filing | +9.1% |
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| New employees hired | 6,000 | fiscal 2025 filing | — |
| U.S. Government revenue as percentage of total revenue | 75% | fiscal 2025 filing | -1.3% |
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| Adjusted free cash flow non-GAAP | 2.8B | Full Year 2025 | +21.7% |
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| Adjusted segment operating income non-GAAP | $3.45B | Full Year 2025 | — |
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| Cash from operations | 3.1B | Full Year 2025 | — |
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| Non-GAAP diluted EPS non-GAAP | $10.73 | Full Year 2025 | -18.1% |
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| Pension adjusted non-GAAP diluted EPS non-GAAP | $9.05 | Full Year 2025 | -21.3% |
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| Adjusted segment operating margin non-GAAP | 15.9% | Q3 2025 | +1.3% |
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| Organic revenue growth non-GAAP | 10% | Q3 2025 | +100.0% |
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| SAS segment ending backlog | 9.4B | fiscal 2024 filing | — |
| SAS segment operating margin | 11.8% | fiscal 2024 filing | — |
| Effective tax rate on Non-GAAP income non-GAAP | 12.9% | Third Quarter | — |
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| Non-GAAP income before income taxes non-GAAP | $735M | Third Quarter | — |
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| AR segment operating margin | 12.9% | Quarter Ended June 28, 2024 filing | — |
| CS segment operating margin | 24.4% | Quarter Ended June 28, 2024 filing | — |
| IMS segment operating margin | 11.9% | Quarter Ended June 28, 2024 filing | — |
| Cash used for merger, acquisition and severance non-GAAP | $57M | Quarter Ended June 28, 2024 | — |
| Effective tax rate (non-GAAP) non-GAAP | 12.9% | Q2 2024 | — |
| Non-GAAP EPS non-GAAP | $3.24 | Q2 2024 | — |
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| Organic revenue non-GAAP | $4.72B | Quarter Ended June 28, 2024 | +2.3% |
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| Non-GAAP net income attributable to L3Harris Technologies, Inc. non-GAAP | $584M | Quarter Ended March 29, 2024 | — |
| Net EAC adjustments, before income taxes | -85M | Fiscal Year Ended December 29, 2023 filing | — |
| Segment operating income non-GAAP | $669M | Fiscal Year Ended December 29, 2023 | — |
| Adjusted EBITDA non-GAAP | 959M | Quarter Ended September 29, 2023 | — |
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| Aerojet Rocketdyne Operating income | $56M | Aug-Sep 2023 (post-acquisition period) | — |
| Aerojet Rocketdyne Revenue | $455M | Aug-Sep 2023 (post-acquisition period) | — |
| Communication Systems segment operating income (non-GAAP) non-GAAP | $282M | 3Q23 | — |
| Integrated Mission Systems segment operating income (non-GAAP) non-GAAP | $92M | 3Q23 | — |
| Net Debt to Adjusted EBITDA ratio non-GAAP | 3.7 | Quarter Ended September 29, 2023 | — |
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| Non-GAAP net income non-GAAP | 607M | Quarter Ended September 29, 2023 | — |
| Non-GAAP segment operating income non-GAAP | 735M | Quarter Ended September 29, 2023 | — |
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| Operating cash flow | $543M | 3Q 2023 | — |
| Space & Airborne Systems segment operating income (non-GAAP) non-GAAP | $172M | 3Q23 | — |
| Total orders | $16B | year-to-date 3Q 2023 | — |
| Awards of orders | 5.6B | 2Q23 | — |
| CS Funded Book-to-Bill | 1.38 | 2Q23 | — |
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| Funded book-to-bill | 1.18 | 2Q23 | — |
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| IMS Funded Book-to-Bill | 1.09 | 2Q23 | — |
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| LHX Funded Book-to-Bill | 1.18 | 2Q23 | — |
| Non-GAAP Earnings per Share non-GAAP | $2.97 | 2Q23 | — |
| Returned to shareholders | $338M | 2Q23 | — |
| SAS Funded Book-to-Bill | 1.13 | 2Q23 | — |
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| Total Backlog | $24.95B | 2Q23 | — |
| FAS/CAS pension adjustment, net | $99M | Quarter Ended March 31, 2023 filing | — |
| Capital returned to shareholders | $616M | 1Q23 | — |
| Pension plan funded status | 99% | 1Q23 | — |
| Share repurchases | $396M | 1Q23 | — |
| ending backlog | 22.3B | fiscal 2022 filing | — |
| Funded backlog | $4.5B | fiscal 2022 filing | +21.6% |
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| Percentage of segment revenue derived from sales to U.S. Government customers | 63% | fiscal 2022 filing | -7.4% |
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| Communication Systems Non-GAAP operating income margin non-GAAP | 24.2% | Fiscal Year Ended December 30, 2022 | — |
| EBITDA | 2.49B | Fiscal Year Ended December 30, 2022 | — |
| Headcount | 46,000 | 2022 full year | — |
| Integrated Mission Systems Non-GAAP operating income margin non-GAAP | 12.6% | Fiscal Year Ended December 30, 2022 | — |
| International revenue share | 23% | 2022 full year | — |
| Net Debt | 6.17B | Fiscal Year Ended December 30, 2022 | — |
| Net Debt to EBITDA ratio | 2.5 | Fiscal Year Ended December 30, 2022 | — |
| Non-GAAP EPS from continuing operations non-GAAP | $12.9 | Fiscal Year Ended December 30, 2022 | — |
| Non-GAAP income from continuing operations non-GAAP | 2.5B | Fiscal Year Ended December 30, 2022 | — |
| Organic Total Backlog non-GAAP | 21.12B | Fiscal Year Ended December 31, 2021 | — |
| Total backlog growth | 5% | 2022 full year vs prior year | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Aerospace & Defense — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
LHX
this stock
L3harris Technologies, Inc. /De/
|
$43.71B | -19.1% | +9.8% | 23.7 | 2.4% |
|
SPCX
Space Exploration Technologies Corp
|
$2.06T | — | — | — | 1.4% |
|
GE
General Electric Co
|
$318.55B | -0.3% | +18.5% | 36.2 | 1.1% |
|
RTX
RTX Corp
|
$246.67B | +1.7% | +17.1% | 32.2 | 1.0% |
|
EADSF
Airbus SE/ADR
|
$168.98B | -10.4% | — | — | 0.1% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Congressional Trades
Sell
Member
Richard Dean McCormick
- Amount
- $1.0K–$15.0K
- Traded
- Jul 30, 2026
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| LHX | +1.7% | -5.3% | -28.1% | +0.3% | -19.1% |
| SPY | -1.0% | +2.1% | +8.6% | +0.9% | +12.9% |
| vs SPY | +2.6% | -7.3% | -36.7% | -0.6% | -32.0% |
Capital returns
Latest dividend
$1.25
/ share · ex Sep 4, 2026
Paid (TTM)
$4.95
/ share · 4 payouts
Dividend yield (TTM, derived)
2.08%
Buyback program
· as of Jul 3, 2026
Authorized
$3.00B
Spent (derived)
$1.30B
Remaining
$1.70B
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
202058
CUSIP
502431109
13F (30d)
137 filings
128 filers
Visit website
Investor relations