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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
$21.9B
▲ 2.5% YoY
$1.6B
▲ 6.9% YoY
$2.7B
▲ 24.7% YoY

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

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

USD 21.9B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 21.9 · Net income 1.6
10B20B
2007201120142018202120242025
Compound annual growth
+8.6%
+3.7%
+14.8%
+7.5%
+15.8%
+10.4%
+2.3%
+7.1%
+2.9%
−7.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.7% a year over the five years to FY2025 — but profit grew faster: net income at +7.5%, earnings per share at +10.4%.

The share count fell from 0.21B to 0.19B — the buyback concentrates the same profit into fewer slices.

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

7 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 9.7% · Net 7.3%
100%200%300%
200720172025
ROE
FY2025 · ROE 8.2%
10%20%30%
200720172025
Three returns, three denominators.

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
1B2B
200720172025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.9 · Net buybacks 1.2
2B4BDividendsNet buybacks
200720102012201420172020202220242025

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—not applicable◌not available in our data
LHX, 17-year financial record
Metric 20252024202320222021202020192018201720162014201320122011201020082007
Revenue $B21.921.319.417.117.818.212.96.86.25.93.95.05.15.50.25.04.6
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 %8.27.86.65.69.25.210.328.622.611.212.831.66.51.423.51.717.1
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. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 1 failure in 68 reconciliationsAUDITED

Reconciled in 16 of the 17 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivitySearch, Detection, Navigation, Guidance, Aeronautical Sys
Listed onNYSE
Incorporated inDelaware
Fiscal year endsJanuary 2
Data on record since2007

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