L

L3HARRIS TECHNOLOGIES, INC.

LHX · CIK 0000202058

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$21.32B9.8%
FY2024
Net income (FY)
$1.61B6.9%
FY2025
Free cash flow (FY)
$2.68B24.7%
FY2025
Diluted EPS (FY)
$8.538.4%
FY2025
The story, charted

The shape of the business

FY2007–FY2024 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$10B$20BFY2007 · Revenue $4.60B · Net income $444.2M · 0000950123-10-082207 · filed 2010-08-30FY07Revenue $4.60BNet income $444.2M0000950123-10-082207 · filed 2010-08-30FY2008 · Revenue $5.00B · Net income $37.9M · 0000950123-11-081041 · filed 2011-08-29FY08Revenue $5.00BNet income $37.9M0000950123-11-081041 · filed 2011-08-29FY2009 · Revenue $102.4M · Net income $561.6M · 0001193125-12-369967 · filed 2012-08-27FY09Revenue $102.4MNet income $561.6M0001193125-12-369967 · filed 2012-08-27FY2010 · Revenue $189.2M · Net income $588.0M · 0001193125-13-346761 · filed 2013-08-26FY10Revenue $189.2MNet income $588.0M0001193125-13-346761 · filed 2013-08-26FY2011 · Revenue $374.3M · Net income $30.6M · 0001193125-13-346761 · filed 2013-08-26 · 0001193125-14-320240 · filed 2014-08-25FY11Revenue $374.3MNet income $30.6M0001193125-13-346761 · filed 2013-08-26 · 0001193125-14-320240 · filed 2014-08-25FY2012 · Revenue $420.3M · Net income $113.0M · 0001193125-13-346761 · filed 2013-08-26 · 0001193125-15-308363 · filed 2015-08-31FY12Revenue $420.3MNet income $113.0M0001193125-13-346761 · filed 2013-08-26 · 0001193125-15-308363 · filed 2015-08-31FY2013 · Revenue $5.01B · Net income $535.0M · 0000202058-16-000022 · filed 2016-08-29FY13Revenue $5.01BNet income $535.0M0000202058-16-000022 · filed 2016-08-29FY2014 · Revenue $3.88B · Net income $334.0M · 0000202058-17-000037 · filed 2017-08-29 · 0000202058-16-000022 · filed 2016-08-29FY14Revenue $3.88BNet income $334.0M0000202058-17-000037 · filed 2017-08-29 · 0000202058-16-000022 · filed 2016-08-29FY2015 · Revenue $5.99B · Net income $324.0M · 0000202058-18-000063 · filed 2018-08-27FY15Revenue $5.99BNet income $324.0M0000202058-18-000063 · filed 2018-08-27FY2016 · Revenue $5.90B · Net income $553.0M · 0000202058-19-000090 · filed 2019-08-22 · 0000202058-18-000063 · filed 2018-08-27FY16Revenue $5.90BNet income $553.0M0000202058-19-000090 · filed 2019-08-22 · 0000202058-18-000063 · filed 2018-08-27FY2017 · Revenue $6.17B · Net income $718.0M · 0000202058-19-000090 · filed 2019-08-22 · 0000202058-18-000063 · filed 2018-08-27FY17Revenue $6.17BNet income $718.0M0000202058-19-000090 · filed 2019-08-22 · 0000202058-18-000063 · filed 2018-08-27FY2018 · Revenue $6.80B · 0000202058-19-000090 · filed 2019-08-22FY18Revenue $6.80B0000202058-19-000090 · filed 2019-08-22FY2019 · Revenue $12.86B · Net income $1.33B · 0000202058-22-000015 · filed 2022-02-25FY19Revenue $12.86BNet income $1.33B0000202058-22-000015 · filed 2022-02-25FY2020 · Revenue $18.19B · Net income $1.12B · 0000202058-23-000014 · filed 2023-02-24FY20Revenue $18.19BNet income $1.12B0000202058-23-000014 · filed 2023-02-24FY2021 · Revenue $17.81B · Net income $1.85B · 0000202058-24-000029 · filed 2024-02-20FY21Revenue $17.81BNet income $1.85B0000202058-24-000029 · filed 2024-02-20FY2022 · Revenue $17.06B · Net income $1.06B · 0000202058-25-000023 · filed 2025-02-14FY22Revenue $17.06BNet income $1.06B0000202058-25-000023 · filed 2025-02-14FY2023 · Revenue $19.42B · Net income $1.23B · 0000202058-26-000015 · filed 2026-02-12FY23Revenue $19.42BNet income $1.23B0000202058-26-000015 · filed 2026-02-12FY2024 · Revenue $21.32B · Net income $1.50B · 0000202058-26-000015 · filed 2026-02-12FY24Revenue $21.32BNet income $1.50B0000202058-26-000015 · filed 2026-02-12FY24Revenue $21.32BNet income $1.50B0000202058-26-000015 · filed 2026-02-12FY08FY10FY12FY14FY16FY18FY20FY22FY24

revenue 4.6× since FY2007 · net margin 9.7% → 7.0%

MarginsNet marginFCF margin
0%200%400%600%FY2007 · Net margin 9.7% · FCF margin 9.3%FY07Net margin 9.7%FCF margin 9.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 0.8% · FCF margin 11.1%FY08Net margin 0.8%FCF margin 11.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 548.4% · FCF margin 598.4%FY09Net margin 548.4%FCF margin 598.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 310.8% · FCF margin 275.8%FY10Net margin 310.8%FCF margin 275.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 8.2% · FCF margin 171.8%FY11Net margin 8.2%FCF margin 171.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 26.9% · FCF margin 158.9%FY12Net margin 26.9%FCF margin 158.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 10.7% · FCF margin 12.9%FY13Net margin 10.7%FCF margin 12.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 8.6% · FCF margin 18.2%FY14Net margin 8.6%FCF margin 18.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 5.4% · FCF margin 12.9%FY15Net margin 5.4%FCF margin 12.9%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 9.4% · FCF margin 7.6%FY16Net margin 9.4%FCF margin 7.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 11.6% · FCF margin 10.0%FY17Net margin 11.6%FCF margin 10.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · FCF margin 15.1%FY18FCF margin 15.1%derived: (ocf − capex) ÷ revenueFY2019 · Net margin 10.4%FY19Net margin 10.4%derived: net income ÷ revenueFY2020 · Net margin 6.2% · FCF margin 13.3%FY20Net margin 6.2%FCF margin 13.3%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 10.4% · FCF margin 13.2%FY21Net margin 10.4%FCF margin 13.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 6.2% · FCF margin 11.2%FY22Net margin 6.2%FCF margin 11.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 6.3% · FCF margin 8.5%FY23Net margin 6.3%FCF margin 8.5%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 7.0% · FCF margin 10.1%FY24Net margin 7.0%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY24Net margin 7.0%FCF margin 10.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’08’12’16’20’24

FY2024: net 7.0% · free cash flow 10.1% of revenue

Cash engineOperating cash flowFree cash flow
$0$1B$2B$3BFY2007 · OCF $555.5M · FCF $426.2M · 0000950123-10-082207 · filed 2010-08-30FY07OCF $555.5MFCF $426.2M0000950123-10-082207 · filed 2010-08-30FY2008 · OCF $666.8M · FCF $557.9M · 0000950123-11-081041 · filed 2011-08-29FY08OCF $666.8MFCF $557.9M0000950123-11-081041 · filed 2011-08-29FY2009 · OCF $802.7M · FCF $612.8M · 0001193125-12-369967 · filed 2012-08-27FY09OCF $802.7MFCF $612.8M0001193125-12-369967 · filed 2012-08-27FY2010 · OCF $833.1M · FCF $521.8M · 0001193125-13-346761 · filed 2013-08-26FY10OCF $833.1MFCF $521.8M0001193125-13-346761 · filed 2013-08-26FY2011 · OCF $852.9M · FCF $643.0M · 0001193125-14-320240 · filed 2014-08-25FY11OCF $852.9MFCF $643.0M0001193125-14-320240 · filed 2014-08-25FY2012 · OCF $833.0M · FCF $668.0M · 0001193125-15-308363 · filed 2015-08-31FY12OCF $833.0MFCF $668.0M0001193125-15-308363 · filed 2015-08-31FY2013 · OCF $849.0M · FCF $648.0M · 0000202058-16-000022 · filed 2016-08-29FY13OCF $849.0MFCF $648.0M0000202058-16-000022 · filed 2016-08-29FY2014 · OCF $854.0M · FCF $706.0M · 0000202058-17-000037 · filed 2017-08-29FY14OCF $854.0MFCF $706.0M0000202058-17-000037 · filed 2017-08-29FY2015 · OCF $924.0M · FCF $772.0M · 0000202058-18-000063 · filed 2018-08-27FY15OCF $924.0MFCF $772.0M0000202058-18-000063 · filed 2018-08-27FY2016 · OCF $569.0M · FCF $450.0M · 0000202058-19-000090 · filed 2019-08-22FY16OCF $569.0MFCF $450.0M0000202058-19-000090 · filed 2019-08-22FY2017 · OCF $751.0M · FCF $615.0M · 0000202058-19-000090 · filed 2019-08-22FY17OCF $751.0MFCF $615.0M0000202058-19-000090 · filed 2019-08-22FY2018 · OCF $1.19B · FCF $1.02B · 0000202058-19-000090 · filed 2019-08-22FY18OCF $1.19BFCF $1.02B0000202058-19-000090 · filed 2019-08-22FY2020 · OCF $2.79B · FCF $2.42B · 0000202058-23-000014 · filed 2023-02-24FY20OCF $2.79BFCF $2.42B0000202058-23-000014 · filed 2023-02-24FY2021 · OCF $2.69B · FCF $2.35B · 0000202058-24-000029 · filed 2024-02-20FY21OCF $2.69BFCF $2.35B0000202058-24-000029 · filed 2024-02-20FY2022 · OCF $2.16B · FCF $1.91B · 0000202058-25-000023 · filed 2025-02-14FY22OCF $2.16BFCF $1.91B0000202058-25-000023 · filed 2025-02-14FY2023 · OCF $2.10B · FCF $1.65B · 0000202058-26-000015 · filed 2026-02-12FY23OCF $2.10BFCF $1.65B0000202058-26-000015 · filed 2026-02-12FY2024 · OCF $2.56B · FCF $2.15B · 0000202058-26-000015 · filed 2026-02-12FY24OCF $2.56BFCF $2.15B0000202058-26-000015 · filed 2026-02-12FY2025 · OCF $3.11B · FCF $2.68B · 0000202058-26-000015 · filed 2026-02-12FY25OCF $3.11BFCF $2.68B0000202058-26-000015 · filed 2026-02-12FY25OCF $3.11BFCF $2.68B0000202058-26-000015 · filed 2026-02-12’08’12’16’21’25

FY2025: $3.11B operating cash − $424.0M capex = $2.68B free cash flow

Returns on capitalReturn on equityReturn on assets
0%10%20%30%FY2008 · ROE 2.0% · ROA 0.8%FY08ROE 2.0%ROA 0.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2009 · ROE 25.6% · ROA 11.8%FY09ROE 25.6%ROA 11.8%derived: net income ÷ equity · derived: net income ÷ assetsFY2010 · ROE 23.5% · ROA 9.5%FY10ROE 23.5%ROA 9.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2011 · ROE 1.6% · ROA 0.5%FY11ROE 1.6%ROA 0.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2012 · ROE 7.2% · ROA 2.3%FY12ROE 7.2%ROA 2.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2013 · ROE 29.3% · ROA 10.9%FY13ROE 29.3%ROA 10.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2014 · ROE 9.8% · ROA 2.5%FY14ROE 9.8%ROA 2.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2015 · ROE 10.6% · ROA 2.7%FY15ROE 10.6%ROA 2.7%derived: net income ÷ equity · derived: net income ÷ assetsFY2016 · ROE 18.9% · ROA 5.5%FY16ROE 18.9%ROA 5.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2017 · ROE 21.9% · ROA 7.3%FY17ROE 21.9%ROA 7.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2019 · ROE 5.9% · ROA 3.5%FY19ROE 5.9%ROA 3.5%derived: net income ÷ equity · derived: net income ÷ assetsFY2020 · ROE 5.4% · ROA 3.0%FY20ROE 5.4%ROA 3.0%derived: net income ÷ equity · derived: net income ÷ assetsFY2021 · ROE 9.6% · ROA 5.3%FY21ROE 9.6%ROA 5.3%derived: net income ÷ equity · derived: net income ÷ assetsFY2022 · ROE 5.7% · ROA 3.2%FY22ROE 5.7%ROA 3.2%derived: net income ÷ equity · derived: net income ÷ assetsFY2023 · ROE 6.5% · ROA 2.9%FY23ROE 6.5%ROA 2.9%derived: net income ÷ equity · derived: net income ÷ assetsFY2024 · ROE 7.7% · ROA 3.6%FY24ROE 7.7%ROA 3.6%derived: net income ÷ equity · derived: net income ÷ assetsFY2025 · ROE 8.2% · ROA 3.9%FY25ROE 8.2%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assetsFY25ROE 8.2%ROA 3.9%derived: net income ÷ equity · derived: net income ÷ assets’08’12’16’21’25

return on equity 2% (FY2008) → 8% (FY2025) · on assets 3.9%

Balance sheetLiabilitiesEquity
$0$20B$40BFY2022 · Liabilities $14.90B · Equity $18.52BFY22Liabilities $14.90BEquity $18.52B0000202058-24-000029 · filed 2024-02-20FY2023 · Liabilities $22.86B · Equity $18.77BFY23Liabilities $22.86BEquity $18.77B0000202058-25-000023 · filed 2025-02-14FY2024 · Liabilities $22.42B · Equity $19.51BFY24Liabilities $22.42BEquity $19.51B0000202058-26-000015 · filed 2026-02-12FY2025 · Liabilities $21.56B · Equity $19.64BFY25Liabilities $21.56BEquity $19.64B0000202058-26-000015 · filed 2026-02-12FY25Liabilities $21.56BEquity $19.64B0000202058-26-000015 · filed 2026-02-12’22’23’24’25

FY2025: $41.20B assets · $21.56B liabilities · $19.64B equity

The receipts