L3Harris Technologies LHX
NYSE LHX
$266.62 -3.82 (-1.41%)
As of: Aug 21, 2026 · 3:59 PM EDT

L3Harris Technologies (LHX) Asset Utilization Ratio (2009 - 2026)

L3Harris Technologies (LHX) posted Asset Utilization Ratio of 0.93 for Q3 2026, down 0.92% sequentially from 0.94 in Q2 2026, and up 79.19% YoY from 0.52 in Q3 2025.

L3Harris Technologies (LHX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

L3Harris Technologies has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.93 in Q3 2026.

  • Quarterly Asset Utilization Ratio rose 79.19% year-over-year to 0.93 in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 0.93 (up 79.19% YoY) and the FY2026 annual result came in at 0.37, down 26.95% from the prior year.
  • Asset Utilization Ratio declined to 0.93 in Q3 2026 per LHX's latest filing, from 0.94 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.0 in Q1 2025 and troughed at 0.36 in Q4 2023.
  • A 5-year average of 0.6 and a median of 0.51 in 2023 frame the typical range for Asset Utilization Ratio.
  • The widest YoY moves for Asset Utilization Ratio: up 177.34% in 2025, down 33.62% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.51 in 2022, then retreated by 29.35% to 0.36 in 2023, then soared by 120.97% to 0.8 in 2024, then plunged by 33.62% to 0.53 in 2025, then soared by 75.67% to 0.93 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.93, 0.94, and 0.93 for Q3 2026, Q2 2026, and Q1 2026 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 General Electric 362.92 Bn 353.58 Bn 6.95 Bn 0.40
2 Rtx 284.24 Bn 275.94 Bn 9.91 Bn 0.54
3 Boeing 169.32 Bn 149.30 Bn 2.41 Bn 0.57
4 Lockheed Martin 129.93 Bn 126.14 Bn 2.45 Bn 1.27
5 Howmet Aerospace 108.64 Bn 108.07 Bn 951.00 Mn 0.69
6 General Dynamics 103.62 Bn 99.29 Bn 6.76 Bn 0.92
7 Northrop Grumman 78.44 Bn 76.14 Bn 3.72 Bn 0.85
8 TransDigm 69.14 Bn 66.37 Bn 1.63 Bn 0.38
9 Axon Enterprise 50.64 Bn 49.97 Bn 546.45 Mn 0.44
10 L3Harris Technologies 49.64 Bn 48.12 Bn 1.50 Bn 0.93

Historic Data

Download Data
DateValue
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 1.00
Sep 27, 2024 0.80
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