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L3Harris Technologies (LHX)

(Delayed Data from NYSE)

$214.54 USD

214.54
2,133,534

+7.18 (3.46%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $214.48 -0.06 (-0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth B Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 38% (95 out of 252)

Industry: Aerospace - Defense

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Balance Sheet

Research for LHX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for L3Harris Technologies Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 560 880 941 1,276 -99,999
Receivables 1,230 1,291 1,143 1,639 NA
Notes Receivable 0 0 0 0 NA
Inventories 1,472 1,291 982 973 NA
Other Current Assets 4,793 3,292 3,293 2,779 NA
Total Current Assets 8,055 6,754 6,359 6,667 NA
Net Property & Equipment 2,862 2,104 2,101 2,102 NA
Investments & Advances 0 0 0 0 NA
Other Non-Current Assets 0 0 0 0 NA
Deferred Charges 91 73 85 119 NA
Intangibles 28,519 23,284 24,829 26,784 NA
Deposits & Other Assets 2,160 553 566 522 NA
Total Assets 41,687 33,524 34,709 36,960 NA
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 1,602 2 2 2 NA
Accounts Payable 2,106 1,945 1,767 1,406 NA
Current Portion Long-Term Debt 363 818 11 8 NA
Current Portion Capital Leases 0 0 0 0 NA
Accrued Expenses 1,129 818 1,002 1,068 NA
Income Taxes Payable 88 376 28 49 NA
Other Current Liabilities 2,716 1,817 1,741 1,707 NA
Total Current Liabilities 8,004 5,776 4,551 4,240 NA
Mortgages 0 0 0 0 NA
Deferred Taxes/Income 815 719 1,344 1,237 NA
Convertible Debt 0 0 0 0 NA
Long-Term Debt 11,160 6,225 7,048 6,908 NA
Non-Current Capital Leases 0 0 0 0 NA
Other Non-Current Liabilities 2,879 1,439 1,679 3,000 NA
Minority Interest (Liabilities) 0 0 0 0 NA
Total Liabilities 22,858 14,900 15,390 16,119 NA
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 NA
Common Stock (Par) 190 191 194 208 NA
Capital Surplus 0 0 0 0 NA
Retained Earnings 3,220 2,943 2,917 2,347 NA
Other Equity 15,419 15,490 16,208 18,286 NA
Treasury Stock 0 0 0 0 NA
Total Shareholder's Equity 18,829 18,624 19,319 20,841 NA
Total Liabilities & Shareholder's Equity 41,687 33,524 34,709 36,960 NA
Total Common Equity 18,829 18,624 19,319 20,841 0
Shares Outstanding 189.50 190.40 196.20 210.10 221.00
Book Value Per Share 99.36 97.82 98.47 99.20 0.00

Fiscal Year End for L3Harris Technologies Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 560 499 366 545
Receivables NA 1,230 1,424 1,431 1,272
Notes Receivable NA 0 0 0 0
Inventories NA 1,472 1,638 1,555 1,541
Other Current Assets NA 4,793 3,940 3,498 3,642
Total Current Assets NA 8,055 7,501 6,850 7,000
Net Property & Equipment NA 2,862 2,818 2,186 2,133
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 91 87 84 74
Intangibles NA 28,519 29,786 24,818 24,979
Deposits & Other Assets NA 2,160 1,343 699 565
Total Assets NA 41,687 42,293 35,362 35,507
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 1,602 2,033 582 2
Accounts Payable NA 2,106 2,112 2,029 2,054
Current Portion Long-Term Debt NA 363 363 361 811
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,129 1,190 935 946
Income Taxes Payable NA 88 383 365 508
Other Current Liabilities NA 2,716 2,401 2,037 1,830
Total Current Liabilities NA 8,004 8,482 6,309 6,151
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 815 812 452 570
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 11,160 11,140 7,867 8,220
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 2,407 1,489 1,423
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 22,858 23,577 16,831 17,099
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 190 189 189 189
Capital Surplus NA 0 0 0 0
Retained Earnings NA 3,220 3,278 3,111 2,998
Other Equity NA 15,419 15,249 15,231 15,221
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 18,829 18,716 18,531 18,408
Total Liabilities & Shareholder's Equity NA 41,687 42,293 35,362 35,507
Total Common Equity 0 18,829 18,716 18,531 18,408
Shares Outstanding 190.10 189.50 189.50 189.10 189.40
Book Value Per Share 0.00 99.36 98.77 98.00 97.19