L3Harris Technologies (LHX) Operating Margin (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Operating Margin came in at 11.35% in Q2 2026, up 112.0% year-on-year from 5.35% in Q2 2025, and up 17.63% quarter-over-quarter from 9.65% in Q1 2026.
L3Harris Technologies (LHX) Operating Margin (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Operating Margin across 18 years of filings, most recently posting 11.35% for Q2 2026.
- Operating Margin for Q2 2026 came in at 11.35%, up 112.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 10.22% (up 50.0% YoY), and the FY2026 annual result was 107.82%, up 9882.0% from the prior year.
- Operating Margin came in at 11.35% for Q2 2026 at L3Harris Technologies, up from 9.65% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 14.64% in Q4 2023 to a low of 7.25% in Q1 2024.
- The 5-year median for Operating Margin is 10.3% (2025), against an average of 10.34%.
- Across the five-year window, Operating Margin jumped 365 bps in 2023 and sank 434 bps in 2025, its largest moves.
- L3Harris Technologies' Operating Margin stood at 10.99% in 2022, then jumped by 33 bps to 14.64% in 2023, then plunged by 36 bps to 9.35% in 2024, then rose by 17 bps to 10.97% in 2025, then increased by 3 bps to 11.35% in 2026.
- The last three Operating Margin figures came in at 11.35% (Q2 2026), 9.65% (Q1 2026), and 10.97% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DEFSEC Technologies | 5,720.56 Bn | 5,720.56 Bn | 456,459.43 | -90.05% |
| 2 | General Electric | 359.38 Bn | 348.64 Bn | 9.11 Bn | -8.61% |
| 3 | Rtx | 248.80 Bn | 243.70 Bn | 9.08 Bn | 11.57% |
| 4 | Boeing | 180.64 Bn | 159.74 Bn | 2.55 Bn | 2.02% |
| 5 | Lockheed Martin | 121.64 Bn | 119.74 Bn | 2.08 Bn | 11.45% |
| 6 | Howmet Aerospace | 108.46 Bn | 106.03 Bn | 854.00 Mn | 32.56% |
| 7 | General Dynamics | 96.96 Bn | 93.31 Bn | 9.09 Bn | 10.53% |
| 8 | Embraer | 95.73 Bn | 93.11 Bn | - | - |
| 9 | Northrop Grumman | 77.30 Bn | 75.21 Bn | 3.45 Bn | 10.01% |
| 10 | L3Harris Technologies | 57.09 Bn | 56.50 Bn | 1.40 Bn | 11.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 2, 2021 | 11.27% |