L3Harris Technologies (LHX) Return on Invested Capital [ROIC] (2009 - 2026)
L3Harris Technologies (LHX) recorded Return on Invested Capital [ROIC] of 11.76% in Q2 2027, up 5.58 percentage points from 6.17% a year earlier and up 0.13 percentage points from the prior quarter.
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Analysis
L3Harris Technologies (LHX) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2026, L3Harris Technologies reported Return on Invested Capital [ROIC] of 5.61%, down 0.09 percentage points from FY2025.
- Annual Return on Invested Capital [ROIC] has a five-year change of -0.68 percentage points (FY2021 to FY2026).
- Across earlier years, Return on Invested Capital [ROIC] came in at 5.70% in FY2025, 4.86% in FY2023 (+1.25 pp) and 3.61% in FY2022 (-2.68 pp).
- The Q2 2027 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2019.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +3.59 percentage points over the last six quarters.
- Per Business Quant, the preceding three quarters came in at 11.63% (Q1 2027), 11.19% (Q4 2026) and 6.31% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 321.31 Bn | 275.31 Bn | 4.68 Bn | -53.90% |
| 2 | Rtx | 248.97 Bn | 222.19 Bn | 5.13 Bn | 8.08% |
| 3 | Boeing | 152.99 Bn | 59.70 Bn | 2.41 Bn | 7.69% |
| 4 | Lockheed Martin | 116.67 Bn | 103.39 Bn | 2.45 Bn | 26.98% |
| 5 | Howmet Aerospace | 92.54 Bn | 88.15 Bn | 951.00 Mn | 19.17% |
| 6 | General Dynamics | 89.31 Bn | 76.42 Bn | 2.18 Bn | 13.63% |
| 7 | Motorola Solutions | 74.04 Bn | 70.40 Bn | 1.68 Bn | 20.27% |
| 8 | Northrop Grumman | 67.90 Bn | 57.15 Bn | 2.12 Bn | 12.31% |
| 9 | Honeywell International | 67.82 Bn | 20.27 Bn | 3.65 Bn | 12.25% |
| 10 | L3Harris Technologies | 44.06 Bn | 41.51 Bn | 1.50 Bn | 11.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 11.76% |
| Apr 3, 2026 | 11.63% |
| Jan 2, 2026 | 11.19% |
| Oct 3, 2025 | 6.31% |
| Jun 27, 2025 | 6.17% |
| Mar 28, 2025 | 5.97% |
| Jan 3, 2025 | 5.69% |
| Sep 27, 2024 | 4.67% |
| Jun 28, 2024 | 4.60% |
| Mar 29, 2024 | 4.38% |
| Dec 29, 2023 | 4.36% |
| Sep 29, 2023 | 5.29% |
| Jun 30, 2023 | 5.37% |
| Mar 31, 2023 | 5.75% |
| Dec 30, 2022 | 6.31% |
| Sep 30, 2022 | 6.36% |
| Jul 1, 2022 | 6.48% |
| Apr 1, 2022 | 6.24% |
| Dec 31, 2021 | 6.38% |
| Oct 1, 2021 | 6.29% |
API Access
L3Harris Technologies Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=LHX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "LHX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=LHX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();