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

L3Harris Technologies (LHX) posted Debt Ratio of 0.27 for Q2 2026, up 4.93% sequentially from 0.25 in Q1 2026, and down 6.36% YoY from 0.28 in Q2 2025.

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.

  • Quarterly Debt Ratio fell 6.36% year-over-year to 0.27 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.27 (down 6.36% YoY) and the FY2026 annual result came in at 0.25, down 8.18% from the prior year.
  • Debt Ratio rose to 0.27 in Q2 2026 per LHX's latest filing, from 0.25 in the prior quarter.
  • The five-year high for Debt Ratio was 0.31 in Q3 2023, with the low at 0.18 in Q3 2022.
  • Average Debt Ratio over 5 years is 0.26, with a median of 0.28 recorded in 2024.
  • Year-over-year, Debt Ratio declined 11.24% in 2022 and soared 74.19% in 2023.
  • L3Harris Technologies' Debt Ratio stood at 0.21 in 2022, then jumped by 45.72% to 0.31 in 2023, then slipped by 4.32% to 0.29 in 2024, then slipped by 2.43% to 0.29 in 2025, then slipped 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 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 0.29
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 0.19
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 0.14
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 0.35
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 0.36
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.23
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 0.29
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 0.00
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 0.27
10 Heico 50.20 Bn 50.07 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 0.29
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