L3Harris Technologies (LHX) FCF Margin (2009 - 2026)
L3Harris Technologies' (LHX) quarterly FCF Margin came in at 13.11% in Q3 2026, up 294.0% year-over-year from 3.33% in Q3 2025, and up 488.16% quarter-over-quarter from 3.38% in Q2 2026.
Analysis
L3Harris Technologies (LHX) FCF Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed FCF Margin across 18 years of filings, most recently posting 13.11% for Q3 2026.
- In Q3 2026, FCF Margin rose 294.0% year-over-year to 13.11%; the TTM figure through Jul 2026 stood at 7.17% (down 295.0% YoY), while the FY2026 annual figure was 17.32%, up 723.0% from the prior year.
- FCF Margin came in at 13.11% for Q3 2026 at L3Harris Technologies, up from 3.38% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 61.98% in Q4 2023 to a low of 4.2% in Q1 2024.
- Average FCF Margin over 5 years is 11.15%, with a median of 9.21% recorded in 2025.
- Year-over-year, FCF Margin jumped 4645 bps in 2023 and sank 4367 bps in 2025.
- Over 5 years, FCF Margin stood at 15.53% in 2022, then surged by 299 bps to 61.98% in 2023, then sank by 79 bps to 13.27% in 2024, then plunged by 43 bps to 7.55% in 2025, then surged by 74 bps to 13.11% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 13.11% in Q3 2026, 3.38% in Q2 2026, and 8.25% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 14.54% |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 11.68% |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 13.21% |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 8.99% |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 13.11% |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 10.35% |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 17.12% |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 16.42% |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 16.70% |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 12.24% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 13.11% |
| Apr 3, 2026 | -3.38% |
| Jan 2, 2026 | 8.25% |
| Oct 3, 2025 | 7.55% |
| Jun 27, 2025 | 10.17% |
| Mar 28, 2025 | -1.97% |
| Jan 3, 2025 | 18.31% |
| Sep 27, 2024 | 13.27% |
| Jun 28, 2024 | 12.40% |
| Mar 29, 2024 | -4.20% |
| Dec 29, 2023 | 61.98% |
| Sep 29, 2023 | 8.04% |
| Jun 30, 2023 | 6.84% |
| Mar 31, 2023 | 6.24% |
| Dec 30, 2022 | 15.53% |
| Sep 30, 2022 | 12.34% |
| Jul 1, 2022 | 16.61% |
| Apr 1, 2022 | -0.39% |
| Dec 31, 2021 | 15.79% |
| Oct 1, 2021 | 9.58% |