L3Harris Technologies (LHX) Net Margin (2009 - 2026)
L3Harris Technologies (LHX) posted Net Margin of 9.96% for Q3 2026, up 11.79% sequentially from 8.91% in Q2 2026, and up 152.0% YoY from 3.95% in Q3 2025.
L3Harris Technologies (LHX) Net Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported Net Margin for 18 years, with the latest figure at 9.96% in Q3 2026.
- Quarterly Net Margin rose 152.0% year-over-year to 9.96% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 8.71% (up 74.0% YoY) and the FY2026 annual result came in at 10.37%, up 328.0% from the prior year.
- Net Margin improved to 9.96% in Q3 2026 per LHX's latest filing, from 8.91% in the prior quarter.
- Over five years, Net Margin peaked at 16.35% in Q4 2023 and troughed at 7.07% in Q3 2022.
- A 5-year average of 7.46% and a median of 7.77% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin tumbled 1844 bps in 2022, then jumped 1484 bps in 2023.
- Over 5 years, Net Margin stood at 7.07% in 2022, then surged by 331 bps to 16.35% in 2023, then plunged by 53 bps to 7.63% in 2024, then advanced by 7 bps to 8.16% in 2025, then increased by 22 bps to 9.96% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 9.96%, 8.91%, and 8.46% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 17.75% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 9.10% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | -2.16% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 9.15% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 20.97% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 8.23% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 10.06% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 19.66% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 9.96% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 3.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 9.96% |
| Apr 3, 2026 | 8.91% |
| Jan 2, 2026 | 8.46% |
| Oct 3, 2025 | 8.16% |
| Jun 27, 2025 | 8.44% |
| Mar 28, 2025 | 7.52% |
| Jan 3, 2025 | 8.26% |
| Sep 27, 2024 | 7.63% |
| Jun 28, 2024 | 6.93% |
| Mar 29, 2024 | 5.47% |
| Dec 29, 2023 | 16.35% |
| Sep 29, 2023 | 7.77% |
| Jun 30, 2023 | 7.48% |
| Mar 31, 2023 | 7.58% |
| Sep 30, 2022 | -7.07% |
| Oct 1, 2021 | 11.37% |
| Apr 2, 2021 | -0.02% |
| Oct 2, 2020 | -0.02% |
| Apr 3, 2020 | -0.02% |
| Jan 3, 2020 | -0.01% |