L3Harris Technologies (LHX) Interest Coverage Ratio (2009 - 2024)

L3Harris Technologies' (LHX) quarterly Interest Coverage Ratio came in at 2.98 in Q3 2024, down 1.02% year-on-year from 3.01 in Q3 2023, and down 1.02% quarter-over-quarter from 3.01 in Q3 2023.

L3Harris Technologies (LHX) Interest Coverage Ratio (2009 - 2024) Analysis & Trends

L3Harris Technologies has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 2.98 for Q3 2024.

  • Interest Coverage Ratio for Q3 2024 came in at 2.98, down 1.02% year-over-year; the trailing twelve-month figure through Jun 2025 was 13.01 (up 39.13% YoY), and the FY2021 annual result was 2.12, down 62.5% from the prior year.
  • Interest Coverage Ratio came in at 2.98 for Q3 2024 at 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.
  • The 4-year median for Interest Coverage Ratio is 6.1 (2020), against an average of 5.72.
  • Peak annual rise in Interest Coverage Ratio reached 163.94% in 2020, while the deepest fall reached 21.74% in 2020.
  • L3Harris Technologies' Interest Coverage Ratio stood at 7.48 in 2020, then rose by 7.08% to 8.01 in 2021, then slumped by 62.41% to 3.01 in 2023, then declined by 1.02% to 2.98 in 2024.
  • The last three Interest Coverage Ratio figures came in at 2.98 (Q3 2024), 3.01 (Q3 2023), and 8.01 (Q2 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -4.64
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn -
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 0.73
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 7.67
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn -
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 6.10
10 L3Harris Technologies 57.09 Bn 56.50 Bn 1.40 Bn -

Historic Data

Download Data
DateValue
Sep 27, 2024 2.98
Sep 29, 2023 3.01
Apr 2, 2021 8.01
Oct 2, 2020 7.48
Jul 3, 2020 6.10
Apr 3, 2020 7.59
Jan 3, 2020 4.86
Sep 27, 2019 2.84
Jun 28, 2019 7.51
Mar 29, 2019 6.49
Dec 28, 2018 6.21
Sep 28, 2018 5.75
Jun 29, 2018 7.00
Mar 30, 2018 6.24
Dec 29, 2017 6.48
Sep 29, 2017 6.63
Jun 30, 2017 6.55
Mar 31, 2017 6.55
Dec 30, 2016 6.30
Sep 30, 2016 5.59