L3Harris Technologies (LHX) Debt Ratio (2009 - 2026)

L3Harris Technologies' (LHX) quarterly Debt Ratio came in at 0.27 in Q2 2026, down 6.36% year-on-year from 0.28 in Q2 2025, and up 4.93% quarter-over-quarter from 0.25 in Q1 2026.

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

L3Harris Technologies has disclosed Debt Ratio across 18 years of filings, most recently posting 0.27 for Q2 2026.

  • Debt Ratio for Q2 2026 came in at 0.27, down 6.36% year-over-year; the trailing twelve-month figure through Apr 2026 was 0.27 (down 6.36% YoY), and the FY2026 annual result was 0.25, down 8.18% from the prior year.
  • Debt Ratio came in at 0.27 for Q2 2026 at L3Harris Technologies, up from 0.25 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.31 in Q3 2023 to a low of 0.18 in Q3 2022.
  • The 5-year median for Debt Ratio is 0.28 (2024), against an average of 0.26.
  • Across the five-year window, Debt Ratio retreated 11.24% in 2022 and surged 74.19% in 2023, its largest moves.
  • L3Harris Technologies' Debt Ratio stood at 0.21 in 2022, then jumped by 45.72% to 0.31 in 2023, then fell by 4.32% to 0.29 in 2024, then fell by 2.43% to 0.29 in 2025, then fell by 6.93% to 0.27 in 2026.
  • The last three Debt Ratio figures came in at 0.27 (Q2 2026), 0.25 (Q1 2026), and 0.29 (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 220,296.11
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 0.16
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 0.19
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 0.29
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 0.35
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 0.36
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 0.14
8 Embraer 95.73 Bn 93.11 Bn - 0.19
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 0.29
10 L3Harris Technologies 57.09 Bn 56.50 Bn 1.40 Bn 0.27

Historic Data

Download Data
DateValue
Apr 3, 2026 0.27
Jan 2, 2026 0.25
Oct 3, 2025 0.29
Jun 27, 2025 0.29
Mar 28, 2025 0.28
Jan 3, 2025 0.28
Sep 27, 2024 0.29
Jun 28, 2024 0.30
Mar 29, 2024 0.28
Dec 29, 2023 0.31
Sep 29, 2023 0.31
Jun 30, 2023 0.23
Mar 31, 2023 0.25
Dec 30, 2022 0.21
Sep 30, 2022 0.18
Jul 1, 2022 0.20
Apr 1, 2022 0.20
Dec 31, 2021 0.20
Oct 1, 2021 0.20
Jul 2, 2021 0.20