L3Harris Technologies (LHX) Asset Utilization Ratio (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Asset Utilization Ratio came in at 0.93 in Q3 2026, up 79.19% year-over-year from 0.52 in Q3 2025, and down 0.92% quarter-over-quarter from 0.94 in Q2 2026.
Analysis
L3Harris Technologies (LHX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.93 for Q3 2026.
- In Q3 2026, Asset Utilization Ratio rose 79.19% year-over-year to 0.93; the TTM figure through Jul 2026 stood at 0.93 (up 79.19% YoY), while the FY2026 annual figure was 0.37, down 26.95% from the prior year.
- Asset Utilization Ratio came in at 0.93 for Q3 2026 at L3Harris Technologies, down from 0.94 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.94 in Q2 2026 to a low of 0.36 in Q4 2023.
- Average Asset Utilization Ratio over 5 years is 0.55, with a median of 0.51 recorded in 2023.
- Year-over-year, Asset Utilization Ratio fell 29.35% in 2023 and soared 83.61% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.51 in 2022, then declined by 29.35% to 0.36 in 2023, then advanced by 11.97% to 0.4 in 2024, then surged by 31.02% to 0.53 in 2025, then jumped by 75.67% to 0.93 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.93 in Q3 2026, 0.94 in Q2 2026, and 0.93 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 1.27 |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 0.92 |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 0.64 |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 0.85 |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 0.93 |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 0.63 |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 0.41 |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 0.68 |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 1.14 |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.93 |
| 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 |