L3Harris Technologies (LHX) Tax Rate (2009 - 2026)

L3Harris Technologies (LHX) posted Tax Rate of 13.07% for Q2 2026, up 208.01% sequentially from 4.24% in Q1 2026, and down 283.0% YoY from 7.14% in Q2 2025.

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.

  • Quarterly Tax Rate fell 283.0% year-over-year to 13.07% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 9.14% (up 47.0% YoY) and the FY2026 annual result came in at 16.87%, up 1155.0% from the prior year.
  • Tax Rate advanced to 13.07% in Q2 2026 per LHX's latest filing, from 4.24% in the prior quarter.
  • The five-year high for Tax Rate was 21.76% in Q4 2022, with the low at 40.98% in Q4 2023.
  • Average Tax Rate over 5 years is 6.62%, with a median of 6.37% recorded in 2025.
  • Year-over-year, Tax Rate tumbled 6275 bps in 2023 and soared 4735 bps in 2025.
  • L3Harris Technologies' Tax Rate stood at 21.76% in 2022, then plunged by 288 bps to 40.98% in 2023, then jumped by 115 bps to 6.05% in 2024, then soared by 206 bps to 18.52% in 2025, then fell 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 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 126.92%
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 14.40%
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 17.82%
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 16.12%
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 18.08%
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 23.43%
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 15.05%
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 3.83%
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 13.07%
10 Heico 50.20 Bn 50.07 Bn 569.53 Mn 21.16%

Historic Data

Download Data
DateValue
Apr 3, 2026 13.07%
Apr 3, 2026 13.07%
Jan 2, 2026 4.24%
Jan 2, 2026 4.24%
Oct 3, 2025 18.52%
Oct 3, 2025 18.52%
Jun 27, 2025 12.60%
Jun 27, 2025 12.60%
Mar 28, 2025 15.90%
Mar 28, 2025 15.90%
Jan 3, 2025 6.37%
Jan 3, 2025 6.37%
Sep 27, 2024 6.05%
Sep 27, 2024 6.05%
Jun 28, 2024 5.90%
Jun 28, 2024 5.90%
Mar 29, 2024 1.72%
Mar 29, 2024 1.72%
Dec 29, 2023 -40.98%
Dec 29, 2023 -40.98%