L3Harris Technologies (LHX) Tax Rate (2009 - 2026)
L3Harris Technologies (LHX) posted Tax Rate of 15.49% for Q3 2026, up 18.51% sequentially from 13.07% in Q2 2026, and up 290.0% YoY from 3.97% in Q3 2025.
L3Harris Technologies (LHX) Tax Rate (2009 - 2026) Analysis & Trends
L3Harris Technologies has reported Tax Rate for 18 years, with the latest figure at 15.49% in Q3 2026.
- Quarterly Tax Rate rose 290.0% year-over-year to 15.49% in Q3 2026, while the trailing twelve-month figure through Jul 2026 was 9.85% (down 47.0% YoY) and the FY2026 annual result came in at 16.87%, up 1155.0% from the prior year.
- Tax Rate climbed to 15.49% in Q3 2026 per LHX's latest filing, from 13.07% in the prior quarter.
- Over five years, Tax Rate peaked at 21.76% in Q4 2022 and troughed at 40.98% in Q4 2023.
- A 5-year average of 7.11% and a median of 7.74% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2025: Tax Rate sank 6275 bps in 2023, then jumped 4735 bps in 2025.
- Over 5 years, Tax Rate stood at 21.76% in 2022, then tumbled 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 16 bps to 15.49% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 15.49%, 13.07%, and 4.24% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 14.53% |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 17.98% |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | -17.26% |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | 15.70% |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 17.72% |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 17.56% |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 6.34% |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 24.26% |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 9.97% |
| 10 | L3Harris Technologies | 49.64 Bn | 48.12 Bn | 1.50 Bn | 15.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 15.49% |
| Jul 3, 2026 | 15.49% |
| Jul 3, 2026 | 15.49% |
| 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% |