L3Harris Technologies (LHX) Operating Margin (2009 - 2026)
L3Harris Technologies (LHX) posted Operating Margin of 11.12% for Q3 2026, down 2.03% sequentially from 11.35% in Q2 2026, and up 60.0% YoY from 6.95% in Q3 2025.
L3Harris Technologies (LHX) Operating Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported Operating Margin for 18 years, with the latest figure at 11.12% in Q3 2026.
- Quarterly Operating Margin rose 60.0% year-over-year to 11.12% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 10.31% (up 21.0% YoY) and the FY2026 annual result came in at 13.62%, up 463.0% from the prior year.
- Operating Margin declined to 11.12% in Q3 2026 per LHX's latest filing, from 11.35% in the prior quarter.
- Over five years, Operating Margin peaked at 14.64% in Q4 2023 and troughed at 7.25% in Q1 2024.
- A 5-year average of 10.38% and a median of 10.41% in 2025 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2025: Operating Margin soared 365 bps in 2023, then sank 434 bps in 2025.
- Over 5 years, Operating Margin stood at 10.99% in 2022, then soared by 33 bps to 14.64% in 2023, then plunged by 36 bps to 9.35% in 2024, then advanced by 17 bps to 10.97% in 2025, then gained by 1 bps to 11.12% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 11.12%, 11.35%, and 9.65% for Q3 2026, Q2 2026, and Q1 2026 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | -29.28% |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 11.38% |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 0.64% |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 12.36% |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 27.92% |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 10.36% |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 10.08% |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 44.76% |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 11.12% |
| 10 | Axon Enterprise | 49.43 Bn | 48.76 Bn | 546.45 Mn | 5.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 11.12% |
| Apr 3, 2026 | 11.35% |
| Jan 2, 2026 | 9.65% |
| Oct 3, 2025 | 10.97% |
| Jun 27, 2025 | 10.52% |
| Mar 28, 2025 | 10.23% |
| Jan 3, 2025 | 10.30% |
| Sep 27, 2024 | 9.35% |
| Jun 28, 2024 | 8.98% |
| Mar 29, 2024 | 7.25% |
| Dec 29, 2023 | 14.64% |
| Sep 29, 2023 | 9.75% |
| Jun 30, 2023 | 8.52% |
| Mar 31, 2023 | 8.79% |
| Dec 30, 2022 | 10.99% |
| Sep 30, 2022 | 10.65% |
| Jul 1, 2022 | 11.70% |
| Apr 1, 2022 | 12.14% |
| Dec 31, 2021 | 11.54% |
| Oct 1, 2021 | 12.18% |