L3Harris Technologies (LHX) Net Margin (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Net Margin came in at 9.96% in Q3 2026, up 152.0% year-over-year from 3.95% in Q3 2025, and up 11.79% quarter-over-quarter from 8.91% in Q2 2026.
Analysis
L3Harris Technologies (LHX) Net Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Net Margin across 18 years of filings, most recently posting 9.96% for Q3 2026.
- In Q3 2026, Net Margin rose 152.0% year-over-year to 9.96%; the TTM figure through Jul 2026 stood at 8.71% (up 74.0% YoY), while the FY2026 annual figure was 10.37%, up 328.0% from the prior year.
- Net Margin came in at 9.96% for Q3 2026 at L3Harris Technologies, up from 8.91% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 16.35% in Q4 2023 to a low of 7.07% in Q3 2022.
- Average Net Margin over 5 years is 8.0%, with a median of 8.21% recorded in 2025.
- Year-over-year, Net Margin slumped 1844 bps in 2022 and soared 1484 bps in 2023.
- Over 5 years, Net Margin stood at 9.11% in 2022, then surged by 79 bps to 16.35% in 2023, then slumped by 53 bps to 7.63% in 2024, then rose by 7 bps to 8.16% in 2025, then climbed by 22 bps to 9.96% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 9.96% in Q3 2026, 8.91% in Q2 2026, and 8.46% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 120.87 Bn | 117.07 Bn | 2.45 Bn | 9.15% |
| 2 | General Dynamics | 95.39 Bn | 91.06 Bn | 6.76 Bn | 8.23% |
| 3 | Motorola Solutions | 76.32 Bn | 75.61 Bn | 1.68 Bn | 17.81% |
| 4 | Northrop Grumman | 73.49 Bn | 71.18 Bn | 3.72 Bn | 10.06% |
| 5 | L3Harris Technologies | 46.76 Bn | 45.24 Bn | 1.50 Bn | 9.96% |
| 6 | Elbit Systems | 32.70 Bn | 31.74 Bn | 579.01 Mn | 7.59% |
| 7 | Teledyne Technologies | 27.56 Bn | 27.22 Bn | 738.10 Mn | 15.14% |
| 8 | Curtiss Wright | 20.85 Bn | 20.37 Bn | 364.09 Mn | 16.36% |
| 9 | Leidos Holdings | 16.21 Bn | 15.46 Bn | 817.00 Mn | 7.81% |
| 10 | Caci International | 13.42 Bn | 13.22 Bn | 913.55 Mn | 5.79% |
Historic Data
Download Data
Historic 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% |
| Dec 30, 2022 | 9.11% |
| Sep 30, 2022 | -7.07% |
| Jul 1, 2022 | 11.37% |
| Apr 1, 2022 | 11.58% |
| Dec 31, 2021 | 11.13% |
| Oct 1, 2021 | 11.37% |