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

L3Harris Technologies (LHX) reported Debt Ratio of 0.27 for Q2 2026, down 4.69% on a YoY basis from 0.28 in Q2 2025, and up 4.93% sequentially from 0.25 in Q1 2026.

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

L3Harris Technologies (LHX) has 18 years of Debt Ratio data on file, last reported at 0.27 in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 4.69% year-over-year to 0.27; the trailing twelve-month figure through Apr 2026 stood at 0.27 (down 4.69% YoY), and the FY2026 full-year result was 0.25, down 8.18% from the prior year.
  • Debt Ratio rose to 0.27 in Q2 2026, from 0.25 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 18.18 in Q3 2024 to a low of 0.18 in Q3 2022.
  • A 5-year average of 1.31 and a median of 0.27 in 2025 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio soared 6583.41% in 2024 and sank 98.43% in 2025, its largest moves.
  • Tracing LHX's Debt Ratio over 5 years: stood at 0.21 in 2022, then soared by 45.72% to 0.31 in 2023, then surged by 5837.76% to 18.18 in 2024, then sank by 98.43% to 0.29 in 2025, then declined by 6.93% to 0.27 in 2026.
  • Business Quant data shows LHX's Debt Ratio at 0.27 in Q2 2026, 0.25 in Q1 2026, and 0.29 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 General Electric 374.10 Bn 364.75 Bn -3.10 Bn 0.15
2 Rtx 290.22 Bn 281.92 Bn 9.91 Bn 0.21
3 Boeing 168.50 Bn 148.47 Bn 2.41 Bn 0.30
4 Lockheed Martin 133.34 Bn 129.55 Bn 2.45 Bn 0.33
5 Howmet Aerospace 113.40 Bn 110.96 Bn 854.00 Mn 0.32
6 General Dynamics 103.29 Bn 98.96 Bn 6.76 Bn 0.12
7 Northrop Grumman 76.60 Bn 74.29 Bn 3.72 Bn 0.28
8 TransDigm 73.05 Bn 69.17 Bn 1.51 Bn 1.23
9 L3Harris Technologies 51.78 Bn 51.19 Bn 1.40 Bn 0.27
10 Heico 49.68 Bn 49.47 Bn 569.53 Mn 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 0.27
Mar 28, 2025 0.28
Jan 3, 2025 0.28
Sep 27, 2024 18.18
Jun 28, 2024 0.30
Mar 29, 2024 0.32
Dec 29, 2023 0.31
Sep 29, 2023 0.27
Jun 30, 2023 0.23
Mar 31, 2023 0.23
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