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L3harris Technologies Inc
NYSE:LHX

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L3harris Technologies Inc
NYSE:LHX
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Price: 314.78 USD -1.8%
Market Cap: $58.8B

P/E

36.6
Current
10%
More Expensive
vs 3-y average of 33.2

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
36.6
=
Market Cap
$66.2B
/
Net Income
$1.6B

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
36.6
=
Market Cap
$66.2B
/
Net Income
$1.6B

Valuation Scenarios

L3harris Technologies Inc is trading above its 3-year average

If P/E returns to its 3-Year Average (33.2), the stock would be worth $285.28 (9% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-38%
Maximum Upside
+13%
Average Downside
12%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 36.6 $314.78
0%
3-Year Average 33.2 $285.28
-9%
5-Year Average 31.2 $268.5
-15%
Industry Average 41.2 $354.32
+13%
Country Average 22.9 $196.56
-38%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
$66.2B
/
Jan 2026
$1.6B
=
36.6
Current
$66.2B
/
Dec 2026
$2.2B
=
30.3
Forward
$66.2B
/
Dec 2027
$2.5B
=
26.1
Forward
$66.2B
/
Dec 2028
$2.9B
=
22.6
Forward
$66.2B
/
Dec 2029
$3.2B
=
20.9
Forward
$66.2B
/
Dec 2030
$3.3B
=
19.8
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

All Countries
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Market Distribution

Higher than 75% of companies in the United States of America
Percentile
75th
Based on 8 489 companies
75th percentile
36.6
Low
0 — 15.3
Typical Range
15.3 — 33.2
High
33.2 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 15.3
Median 22.9
70th Percentile 33.2
Max 1 826 183.3

L3harris Technologies Inc
Glance View

L3Harris Technologies Inc. stands as a formidable force in the aerospace and defense industry, born from the 2019 merger of L3 Technologies and Harris Corporation. This union consolidated decades of expertise and innovation, setting the stage for a company at the forefront of technological advancement in defense and communication systems. The company operates across multiple segments, including Integrated Mission Systems, Communication Systems, and Space and Airborne Systems, to name a few. By leveraging its engineering prowess, L3Harris provides advanced solutions used by government and commercial customers. From intelligence, surveillance, and reconnaissance capabilities to secure communications and avionics systems, L3Harris designs and manufactures complex and critical technologies that underpin national security and commercial innovation. The way L3Harris generates revenue aligns with its strategic focus on addressing global security challenges. The company enters into long-term contracts predominantly with government defense entities, ensuring a steady stream of income. Additionally, L3Harris customizes its offerings to meet the specific needs of its clients, emphasizing customer relationships to drive repeat business. The integration of cutting-edge technologies into scalable, modular systems allows for flexibility and responsiveness in a rapidly changing technological landscape. Beyond defense, L3Harris also serves commercial markets, enhancing its revenue streams by providing solutions in areas such as public safety and environmental monitoring. Through innovation and a keen understanding of its market, L3Harris has carved out a resilient position, capitalizing on the global demand for robust defense and communication systems.

LHX Intrinsic Value
258.62 USD
Overvaluation 18%
Intrinsic Value
Price $314.78
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