L3Harris Technologies (LHX) Asset Utilization Ratio (2009 - 2026)
L3Harris Technologies (LHX) posted Asset Utilization Ratio of 0.94 for Q2 2026, up 1.16% sequentially from 0.93 in Q1 2026, and up 83.61% YoY from 0.51 in Q2 2025.
L3Harris Technologies (LHX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
L3Harris Technologies (LHX) has 18 years of Asset Utilization Ratio data on file, last reported at 0.94 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 83.61% year-over-year to 0.94 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.94 (up 83.61% YoY) and the FY2026 annual result came in at 0.05, down 90.77% from the prior year.
- Asset Utilization Ratio climbed to 0.94 in Q2 2026 per LHX's latest filing, from 0.93 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.94 in Q2 2026, with the low at 0.36 in Q4 2023.
- Average Asset Utilization Ratio over 5 years is 0.53, with a median of 0.5 recorded in 2023.
- Year-over-year, Asset Utilization Ratio slipped 29.35% in 2023 and soared 83.61% in 2026.
- L3Harris Technologies' Asset Utilization Ratio stood at 0.51 in 2022, then decreased by 29.35% to 0.36 in 2023, then increased by 11.97% to 0.4 in 2024, then surged by 31.02% to 0.53 in 2025, then surged by 77.29% to 0.94 in 2026.
- Business Quant data shows LHX's Asset Utilization Ratio at 0.94 in Q2 2026, 0.93 in Q1 2026, and 0.53 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 0.55 |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 0.53 |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 0.93 |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 1.26 |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 0.71 |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 0.39 |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 0.84 |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 0.26 |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 0.94 |
| 10 | Heico | 50.20 Bn | 50.07 Bn | 569.53 Mn | 0.53 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 0.94 |
| Jan 2, 2026 | 0.93 |
| Oct 3, 2025 | 0.53 |
| Jun 27, 2025 | 0.52 |
| Mar 28, 2025 | 0.51 |
| Jan 3, 2025 | 0.51 |
| Sep 27, 2024 | 0.40 |
| Jun 28, 2024 | 0.39 |
| Mar 29, 2024 | 0.38 |
| Dec 29, 2023 | 0.36 |
| Sep 29, 2023 | 0.48 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.50 |
| Dec 30, 2022 | 0.51 |
| Sep 30, 2022 | 0.50 |
| Jul 1, 2022 | 0.49 |
| Apr 1, 2022 | 0.50 |
| Dec 31, 2021 | 0.51 |
| Oct 1, 2021 | 0.50 |
| Jul 2, 2021 | 0.50 |