L3Harris Technologies (LHX) Tax Rate (2009 - 2026)
L3Harris Technologies' (LHX) quarterly Tax Rate came in at 15.49% in Q3 2026, up 290.0% year-over-year from 3.97% in Q3 2025, and up 18.51% quarter-over-quarter from 13.07% in Q2 2026.
Analysis
L3Harris Technologies (LHX) Tax Rate (2009 - 2026) Analysis & Trends
L3Harris Technologies has disclosed Tax Rate across 18 years of filings, most recently posting 15.49% for Q3 2026.
- In Q3 2026, Tax Rate rose 290.0% year-over-year to 15.49%; the TTM figure through Jul 2026 stood at 9.85% (down 47.0% YoY), while the FY2026 annual figure was 16.87%, up 1155.0% from the prior year.
- Tax Rate came in at 15.49% for Q3 2026 at L3Harris Technologies, up from 13.07% 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.
- Average Tax Rate over 5 years is 7.11%, with a median of 7.74% recorded in 2025.
- Year-over-year, Tax Rate plunged 6275 bps in 2023 and soared 4735 bps in 2025.
- Over 5 years, Tax Rate stood at 21.76% in 2022, then sank 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 16 bps to 15.49% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 15.49% in Q3 2026, 13.07% in Q2 2026, and 4.24% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 15.70% |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 17.56% |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 24.80% |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 6.34% |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 15.49% |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | -16.44% |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 21.66% |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 22.20% |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 21.06% |
| 10 | Caci International | 13.78 Bn | 13.59 Bn | 913.55 Mn | 21.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 15.49% |
| Apr 3, 2026 | 13.07% |
| Jan 2, 2026 | 4.24% |
| Oct 3, 2025 | 18.52% |
| Jun 27, 2025 | 12.60% |
| Mar 28, 2025 | 15.90% |
| Jan 3, 2025 | 6.37% |
| Sep 27, 2024 | 6.05% |
| Jun 28, 2024 | 5.90% |
| Mar 29, 2024 | 1.72% |
| Dec 29, 2023 | -40.98% |
| Sep 29, 2023 | 4.50% |
| Jun 30, 2023 | 5.65% |
| Mar 31, 2023 | 9.12% |
| Dec 30, 2022 | 21.76% |
| Sep 30, 2022 | 6.23% |
| Jul 1, 2022 | 10.48% |
| Apr 1, 2022 | 11.38% |
| Dec 31, 2021 | 17.69% |
| Oct 1, 2021 | 18.26% |