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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

L3Harris Technologies (LHX) Interest Coverage Ratio (2016 - 2024)

L3Harris Technologies (LHX) has disclosed Interest Coverage Ratio for 15 consecutive years, with 2.98 as the latest value for Q3 2024.

  • Quarterly Interest Coverage Ratio fell 1.02% to 2.98 in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 13.01 through Jun 2025, up 39.13% year-over-year, with the annual reading at 2.12 for FY2021, 62.5% down from the prior year.
  • Interest Coverage Ratio hit 2.98 in Q3 2024 for L3Harris Technologies, down from 3.01 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 8.01 in Q2 2021 to a low of 2.98 in Q3 2024.
  • Historically, Interest Coverage Ratio has averaged 5.72 across 4 years, with a median of 6.1 in 2020.
  • Biggest YoY gain for Interest Coverage Ratio was 163.94% in 2020; the steepest drop was 21.74% in 2020.
  • Year by year, Interest Coverage Ratio stood at 7.48 in 2020, then increased by 7.08% to 8.01 in 2021, then plummeted by 62.41% to 3.01 in 2023, then dropped by 1.02% to 2.98 in 2024.
  • Business Quant data shows Interest Coverage Ratio for LHX at 2.98 in Q3 2024, 3.01 in Q3 2023, and 8.01 in Q2 2021.