📊 LHX Key Takeaways
Is LHX a Good Investment? Thesis Analysis
L3HARRIS demonstrates fortress-like financial health with exceptional free cash flow generation ($2.7B, 12.3% margin) and exceptional debt service capability (30.6x interest coverage), providing downside protection. However, flat net income growth and modest capital returns (ROE 8.2%) suggest the company is in a mature phase requiring strategic initiatives for sustainable value creation.
Why Buy LHX? Key Strengths
- Exceptional free cash flow generation of $2.7B with 12.3% FCF margin, far exceeding net income and indicating superior earnings quality
- Fortress balance sheet with 30.6x interest coverage ratio, 0.53x debt-to-equity, and strong financial resilience
- Stable operating profitability with 9.7% operating margin in capital-intensive defense/aerospace sector with predictable demand
LHX Investment Risks to Consider
- Stagnant net income growth (0.0% YoY) with EPS growth driven only by share buybacks, indicating limited organic growth momentum
- Low capital efficiency with ROE of 8.2% and ROA of 3.9%, suggesting suboptimal returns on deployed capital
- Tight near-term liquidity (current ratio 1.19x, quick ratio 1.02x) constrains operational flexibility during unforeseen challenges
Key Metrics to Watch
- Organic revenue growth rate and operating margin expansion trajectory
- Free cash flow conversion and return on invested capital improvement
- Net debt reduction pace and working capital efficiency metrics
LHX Financial Metrics
💡 AI Analyst Insight
L3HARRIS TECHNOLOGIES, INC. /DE/ presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
LHX Profitability Ratios
LHX vs Default Sector
How L3HARRIS TECHNOLOGIES, INC. /DE/ compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is LHX Overvalued or Undervalued?
Based on fundamental analysis, L3HARRIS TECHNOLOGIES, INC. /DE/ has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
LHX Balance Sheet & Liquidity
LHX 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: L3HARRIS TECHNOLOGIES, INC. /DE/'s revenue has grown significantly by 20% over the 5-year period, indicating strong business expansion. The most recent EPS of $6.44 reflects profitable operations.
LHX Growth Metrics (YoY)
LHX Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $5.3B | $400.0M | $2.10 |
| Q2 2025 | $5.3B | $366.0M | $1.92 |
| Q1 2025 | $5.1B | $283.0M | $1.48 |
| Q3 2024 | $4.9B | $383.0M | $2.02 |
| Q2 2024 | $4.7B | $349.0M | $1.83 |
| Q1 2024 | $4.5B | $283.0M | $1.48 |
| Q3 2023 | $4.2B | -$300.0M | $-1.56 |
| Q2 2023 | $4.1B | $349.0M | $1.83 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
LHX Capital Allocation
LHX SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for L3HARRIS TECHNOLOGIES, INC. /DE/ (CIK: 0000202058)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 3, 2026 | 4 | xslF345X06/wk-form4_1775239344.xml | View → |
| Apr 3, 2026 | 4 | xslF345X06/wk-form4_1775239328.xml | View → |
| Apr 3, 2026 | 4 | xslF345X06/wk-form4_1775239305.xml | View → |
| Apr 3, 2026 | 4 | xslF345X06/wk-form4_1775239290.xml | View → |
| Apr 1, 2026 | DEF 14A | tmb-20260511xdef14a.htm | View → |
❓ Frequently Asked Questions about LHX
What is the AI rating for LHX?
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) has an AI rating of BUY with 72% confidence, based on fundamental analysis of SEC EDGAR filings.
What are LHX's key strengths?
Claude: Exceptional free cash flow generation of $2.7B with 12.3% FCF margin, far exceeding net income and indicating superior earnings quality. Fortress balance sheet with 30.6x interest coverage ratio, 0.53x debt-to-equity, and strong financial resilience.
What are the risks of investing in LHX?
Claude: Stagnant net income growth (0.0% YoY) with EPS growth driven only by share buybacks, indicating limited organic growth momentum. Low capital efficiency with ROE of 8.2% and ROA of 3.9%, suggesting suboptimal returns on deployed capital.
What is LHX's revenue and growth?
L3HARRIS TECHNOLOGIES, INC. /DE/ reported revenue of $21.9B.
Does LHX pay dividends?
L3HARRIS TECHNOLOGIES, INC. /DE/ pays dividends, with $903.0M distributed to shareholders in the trailing twelve months.
Where can I find LHX SEC filings?
Official SEC filings for L3HARRIS TECHNOLOGIES, INC. /DE/ (CIK: 0000202058) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is LHX's EPS?
L3HARRIS TECHNOLOGIES, INC. /DE/ has a diluted EPS of $8.53.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is LHX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, L3HARRIS TECHNOLOGIES, INC. /DE/ has a BUY rating with 72% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is LHX stock overvalued or undervalued?
Valuation metrics for LHX: ROE of 8.2% (sector avg: 15%), net margin of 7.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy LHX stock in 2026?
Our dual AI analysis gives L3HARRIS TECHNOLOGIES, INC. /DE/ a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is LHX's free cash flow?
L3HARRIS TECHNOLOGIES, INC. /DE/'s operating cash flow is $3.1B, with capital expenditures of $424.0M. FCF margin is 12.3%.
How does LHX compare to other Default stocks?
Vs Default sector averages: Net margin 7.3% (avg: 12%), ROE 8.2% (avg: 15%), current ratio 1.19 (avg: 1.8).