L3Harris Technologies (LHX) Tax Rate (2009 - 2026)
L3Harris Technologies (LHX) reported Tax Rate of 13.07% for Q2 2026, down 283.0% on a YoY basis from 7.14% in Q2 2025, and up 208.01% sequentially from 4.24% in Q1 2026.
L3Harris Technologies (LHX) Tax Rate (2009 - 2026) Analysis & Trends
L3Harris Technologies (LHX) has 18 years of Tax Rate data on file, last reported at 13.07% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 283.0% year-over-year to 13.07%; the trailing twelve-month figure through Apr 2026 stood at 9.14% (up 47.0% YoY), and the FY2026 full-year result was 16.87%, up 1155.0% from the prior year.
- Tax Rate advanced to 13.07% in Q2 2026, from 4.24% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 21.76% in Q4 2022 to a low of 40.98% in Q4 2023.
- A 5-year average of 6.62% and a median of 6.37% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 6275 bps in 2023 and surged 4735 bps in 2025, its largest moves.
- Tracing LHX's Tax Rate over 5 years: stood at 21.76% in 2022, then plunged by 288 bps to 40.98% in 2023, then soared by 115 bps to 6.05% in 2024, then surged by 206 bps to 18.52% in 2025, then decreased by 29 bps to 13.07% in 2026.
- Business Quant data shows LHX's Tax Rate at 13.07% in Q2 2026, 4.24% in Q1 2026, and 18.52% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 370.01 Bn | 360.67 Bn | -3.10 Bn | 14.53% |
| 2 | Rtx | 289.51 Bn | 281.20 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 175.23 Bn | 155.21 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 131.81 Bn | 128.02 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 111.46 Bn | 109.03 Bn | 854.00 Mn | 18.08% |
| 6 | General Dynamics | 103.47 Bn | 99.14 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 75.90 Bn | 73.59 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 72.86 Bn | 68.97 Bn | 1.51 Bn | 23.43% |
| 9 | L3Harris Technologies | 50.70 Bn | 50.11 Bn | 1.40 Bn | 13.07% |
| 10 | Embraer | 49.85 Bn | 47.89 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 3, 2026 | 13.07% |
| Apr 3, 2026 | 13.07% |
| Apr 3, 2026 | 13.07% |
| Jan 2, 2026 | 4.24% |
| Jan 2, 2026 | 4.24% |
| Jan 2, 2026 | 4.24% |
| Oct 3, 2025 | 18.52% |
| Oct 3, 2025 | 18.52% |
| Oct 3, 2025 | 18.52% |
| Jun 27, 2025 | 12.60% |
| Jun 27, 2025 | 12.60% |
| Jun 27, 2025 | 12.60% |
| Mar 28, 2025 | 15.90% |
| Mar 28, 2025 | 15.90% |
| Mar 28, 2025 | 15.90% |
| Jan 3, 2025 | 6.37% |
| Jan 3, 2025 | 6.37% |
| Jan 3, 2025 | 6.37% |
| Sep 27, 2024 | 6.05% |
| Sep 27, 2024 | 6.05% |