L3Harris Technologies (LHX) Debt Ratio (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Debt Ratio came in at 0.26 in Q3 2026, down 18.4% year-over-year from 0.31 in Q3 2025, and down 6.67% quarter-over-quarter from 0.27 in Q2 2026.
Analysis
L3Harris Technologies (LHX) Debt Ratio (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Debt Ratio across 18 years of filings, most recently posting 0.26 for Q3 2026.
- In Q3 2026, Debt Ratio fell 18.4% year-over-year to 0.26; the TTM figure through Jul 2026 stood at 0.26 (down 18.4% YoY), while the FY2026 annual figure was 0.27, down 6.42% from the prior year.
- Debt Ratio came in at 0.26 for Q3 2026 at L3Harris Technologies, down from 0.27 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.37 in Q1 2024 to a low of 0.2 in Q2 2022.
- Average Debt Ratio over 5 years is 0.28, with a median of 0.28 recorded in 2025.
- Year-over-year, Debt Ratio jumped 70.67% in 2023 and retreated 20.1% in 2025.
- Over 5 years, Debt Ratio stood at 0.21 in 2022, then soared by 63.96% to 0.34 in 2023, then dropped by 6.84% to 0.32 in 2024, then decreased by 5.46% to 0.3 in 2025, then decreased by 15.59% to 0.26 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.26 in Q3 2026, 0.27 in Q2 2026, and 0.27 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 0.33 |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 0.12 |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 0.50 |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 0.28 |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 0.26 |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 0.01 |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 0.13 |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 0.21 |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 0.39 |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.26 |
| Apr 3, 2026 | 0.27 |
| Jan 2, 2026 | 0.27 |
| Oct 3, 2025 | 0.30 |
| Jun 27, 2025 | 0.31 |
| Mar 28, 2025 | 0.30 |
| Jan 3, 2025 | 0.29 |
| Sep 27, 2024 | 0.32 |
| Jun 28, 2024 | 0.35 |
| Mar 29, 2024 | 0.37 |
| Dec 29, 2023 | 0.34 |
| Sep 29, 2023 | 0.36 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.25 |
| Dec 30, 2022 | 0.21 |
| Sep 30, 2022 | 0.21 |
| Jul 1, 2022 | 0.21 |
| Apr 1, 2022 | 0.20 |
| Dec 31, 2021 | 0.20 |
| Oct 1, 2021 | 0.20 |