L3Harris Technologies (LHX) Interest Coverage Ratio (2009 - 2026)
L3Harris Technologies (LHX) posted Interest Coverage Ratio of 1.61 for Q3 2026, down 4.4% sequentially from 1.69 in Q2 2026.
L3Harris Technologies (LHX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported Interest Coverage Ratio for 18 years, with the latest figure at 1.61 in Q3 2026.
- Quarterly Interest Coverage Ratio changed N/A year-over-year to 1.61 in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 9.97 (up 41.21% YoY) and the FY2026 annual result came in at 0.92, down 68.72% from the prior year.
- Interest Coverage Ratio declined to 1.61 in Q3 2026 per LHX's latest filing, from 1.69 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 49.07 in Q1 2026 and troughed at 0.86 in Q1 2023.
- A 5-year average of 7.2 and a median of 1.61 in 2026 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio plunged 77.91% in 2022, then surged 1107.34% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 1.35 in 2022, then dropped by 2.66% to 1.32 in 2023, then surged by 126.55% to 2.98 in 2024, then surged by 384.31% to 14.44 in 2025, then sank by 88.82% to 1.61 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 1.61, 1.69, and 49.07 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | -18.18 |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | - |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 9.32 |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 6.81 |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 2.39 |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | - |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 1.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 1.61 |
| Apr 3, 2026 | 1.69 |
| Jan 2, 2026 | 49.07 |
| Oct 3, 2025 | 14.44 |
| Jan 3, 2025 | -1.71 |
| Sep 27, 2024 | 2.98 |
| Dec 29, 2023 | 1.32 |
| Sep 29, 2023 | 0.92 |
| Jun 30, 2023 | 0.92 |
| Mar 31, 2023 | 0.86 |
| Dec 30, 2022 | 1.03 |
| Dec 31, 2021 | 6.12 |
| Apr 2, 2021 | 8.01 |
| Oct 2, 2020 | 7.48 |
| Jul 3, 2020 | 6.10 |
| Apr 3, 2020 | 7.59 |
| Jan 3, 2020 | 4.56 |
| Sep 27, 2019 | 2.72 |
| Jun 28, 2019 | 10.76 |
| Mar 29, 2019 | 6.49 |