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| 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 | 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 |