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MARKETS / NYSE / LHX
NYSE · SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS · LARGE CAP

L3harris Technologies, Inc. LHX

17 fiscal years on record · USD · FY2025 reported · SEC filings only
5 YEARS OF DIVIDEND GROWTH
$1.6B
▲ 6.9% YoY
$2.7B
▲ 24.7% YoY
In brief

What this company does

L3Harris Technologies, Inc. delivers technology solutions connecting the space, air, land, sea and cyber domains. It supports customers in more than 100 countries, with its largest customers being various departments and agencies of the U.S. Government, their prime contractors, and international allies. It employed approximately 45,000 people as of January 2, 2026, including approximately 18,000 engineers and scientists. In fiscal 2025, 75% of its revenue came from sales to U.S. Government customers, whether directly or through prime contractors, and no other customer accounted for more than 5% of its revenue. The company reports its financial results in four operating segments. Its Aerojet Rocketdyne segment provides propulsion, power and armament products and systems to the U.S. Government, including the Department of War and the National Aeronautics and Space Administration, and to aerospace and defense prime contractors.

Written from the business description in L3HARRIS TECHNOLOGIES, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2024 · Revenue 21.3 · Net income 1.5
8B16B200720102012201420172019202120232025
Compound annual growth
+6.2%
+10.7%
+18.6%
+14.8%
+7.5%
+6.9%
+15.8%
+10.4%
+2.3%
+7.1%
+2.9%
−7.0%
+12.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
Operating margin Net margin
FY2024 · Operating 9.0% · Net 7.1%
100%200%300%200720102012201420172019202120232025
ROE
FY2025 · ROE 8.2%
10%20%30%200720102012201420172019202120232025

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders
USD 2.1B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.7
1B2B200720102012201420172019202120232025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.9 · Net buybacks 1.2
2B4BDividendsNet buybacks200720102012201420172020202220242025

USD 903.0M in dividends and USD 1.2B in buybacks — 128% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 41.2B
EquityUSD 19.6B
CashUSD 1.1B
Gross debtUSD 10.4B
Net debtUSD 9.4B
Current ratio1.19×

Net debt stands at 48% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162014201320122011201020082007
Revenue $B·21.319.417.117.818.212.96.86.25.93.95.05.15.50.25.04.6
Operating income $B2.11.91.41.12.12.21.51.41.11.1·······
EBITDA $B3.33.22.62.13.13.2·1.71.41.4·······
Income tax $B0.30.10.00.20.40.20.10.20.20.30.10.30.20.30.30.20.2
Net income $B1.61.51.21.11.81.11.30.90.70.50.30.50.10.00.60.00.4
Free cash flow $B2.72.21.61.92.32.4·1.00.60.50.70.60.70.60.50.60.4
EPS, diluted $8.537.876.445.499.095.197.897.865.764.363.114.951.010.264.600.283.24
Dividend / sh $4.804.644.564.484.083.40········0.880.800.60
Payout %565971814465·34398159341464562228118
ROE %8.27.86.65.69.25.210.328.622.611.212.831.66.51.423.52.0·
Shares out B0.190.190.190.190.190.210.220.120.120.120.120.110.110.110.120.13·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 1 failures in 68 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivitySearch, Detection, Navigation, Guidance, Aeronautical Sys
Listed onNYSE
Incorporated inDelaware
Fiscal year endsJanuary 2
Data on record since2007

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