L3Harris Technologies (LHX) FCF Payout Ratio (2009 - 2026)
L3Harris Technologies (LHX) posted FCF Payout Ratio of 0.3 for Q3 2026, up 124.53% sequentially from 1.23 in Q2 2026, and down 26.18% YoY from 0.41 in Q3 2025.
L3Harris Technologies (LHX) FCF Payout Ratio (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported FCF Payout Ratio for 18 years, with the latest figure at 0.3 in Q3 2026.
- Quarterly FCF Payout Ratio fell 26.18% year-over-year to 0.3 in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 0.33 (down 20.69% YoY) and the FY2026 annual result came in at 0.34, down 18.26% from the prior year.
- FCF Payout Ratio grew to 0.3 in Q3 2026 per LHX's latest filing, from 1.23 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 0.79 in Q1 2023 and troughed at 13.62 in Q2 2022.
- A 5-year average of 0.7 and a median of 0.31 in 2022 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio plunged 3972.37% in 2022, then surged 113.03% in 2023.
- Over 5 years, FCF Payout Ratio stood at 0.3 in 2022, then increased by 10.07% to 0.33 in 2023, then retreated by 5.4% to 0.31 in 2024, then jumped by 68.14% to 0.53 in 2025, then slumped by 42.89% to 0.3 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.3, 1.23, and 0.12 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 0.17 |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 0.65 |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 0.14 |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 0.27 |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 0.10 |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 0.26 |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 0.36 |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | - |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | - |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn | 0.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 0.30 |
| Apr 3, 2026 | -1.23 |
| Jan 2, 2026 | 0.12 |
| Oct 3, 2025 | 0.53 |
| Jun 27, 2025 | 0.41 |
| Mar 28, 2025 | -2.26 |
| Jan 3, 2025 | 0.22 |
| Sep 27, 2024 | 0.31 |
| Jun 28, 2024 | 0.34 |
| Mar 29, 2024 | -1.02 |
| Dec 29, 2023 | 0.33 |
| Sep 29, 2023 | 0.55 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.79 |
| Dec 30, 2022 | 0.30 |
| Sep 30, 2022 | 0.41 |
| Jul 1, 2022 | 0.32 |
| Apr 1, 2022 | -13.63 |
| Dec 31, 2021 | 0.29 |
| Oct 1, 2021 | 0.50 |