L3Harris Technologies (LHX) Interest Coverage Ratio (2009 - 2026)
L3Harris Technologies (LHX) reported Interest Coverage Ratio of 1.69 for Q2 2026, down 96.56% sequentially from 49.07 in Q1 2026.
L3Harris Technologies (LHX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
L3Harris Technologies (LHX) has 18 years of Interest Coverage Ratio data on file, last reported at 1.69 in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio changed N/A year-over-year to 1.69; the trailing twelve-month figure through Apr 2026 stood at 10.24 (up 51.79% YoY), and the FY2026 full-year result was 0.92, down 68.14% from the prior year.
- Interest Coverage Ratio slipped to 1.69 in Q2 2026, from 49.07 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 49.07 in Q1 2026 to a low of 0.86 in Q1 2023.
- A 5-year average of 7.73 and a median of 1.5 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio plunged 83.09% in 2022 and soared 1107.34% in 2026, its largest moves.
- Tracing LHX's Interest Coverage Ratio over 5 years: stood at 1.03 in 2022, then rose by 27.18% 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 tumbled by 88.3% to 1.69 in 2026.
- Business Quant data shows LHX's Interest Coverage Ratio at 1.69 in Q2 2026, 49.07 in Q1 2026, and 14.44 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 368.87 Bn | 359.52 Bn | -3.10 Bn | -5.05 |
| 2 | Rtx | 286.73 Bn | 278.42 Bn | 9.91 Bn | 1.76 |
| 3 | Boeing | 169.21 Bn | 149.19 Bn | 2.41 Bn | 0.26 |
| 4 | Lockheed Martin | 131.65 Bn | 127.86 Bn | 2.45 Bn | 2.07 |
| 5 | Howmet Aerospace | 111.58 Bn | 109.15 Bn | 854.00 Mn | - |
| 6 | General Dynamics | 102.31 Bn | 97.98 Bn | 6.76 Bn | 26.07 |
| 7 | Northrop Grumman | 75.66 Bn | 73.35 Bn | 3.72 Bn | 6.81 |
| 8 | TransDigm | 72.31 Bn | 68.42 Bn | 1.51 Bn | 2.43 |
| 9 | L3Harris Technologies | 50.64 Bn | 50.05 Bn | 1.40 Bn | 1.69 |
| 10 | Heico | 49.30 Bn | 49.09 Bn | 569.53 Mn | 2.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 1.69 |
| Jan 2, 2026 | 49.07 |
| Oct 3, 2025 | 14.44 |
| Jan 3, 2025 | 4.06 |
| 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 |
| Dec 28, 2018 | 6.21 |