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| Date | Value |
|---|---|
| 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% |