OakChart

L3Harris Technologies Inc

LHXIndustrials·Aerospace & Defense·USA·Large·NYSE·Nov 11 • 9:49 AM ET

273.72-2.24 (-0.81%)
2026-11-11 15:49 CET
Market cap
51,384.03 USD m
Revenue, TTM
23,333.00 USD m
Net income, TTM
2,011.00 USD m
Free cash flow, TTM
3,641.00 USD m
EPS diluted, TTM
10.72
P/E
25.52
Compare

Price

LHX against its 20, 50 and 200-day averages
2050200beat
250.00300.00350.002.1M4.2MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26LHXclose 273.7220-day 261.4650-day 250.73200-day 301.55273.72

27.8% under 379.23 on 2 Mar 2026. Last 15 sessions, 14.1% high to low

Profile

LHX
52-week range, 28% of the way up
232.34379.23

L3Harris Technologies, Inc. engages in the provision of defense and commercial technologies across the air, land, sea, space, and cyber domains. It operates through the following segments: Communication Systems, Integrated Mission Systems, Space and Airborne Systems, and Aerojet Rocketdyne. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land, and sea domains. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne, and cyber domains. The Aerojet Rocketdyne segment includes propulsion, power and armament products and systems to U.S. government, including the DoD, National Aeronautics and Space Administration ("NASA") and major aerospace and defense prime contractors. The company was founded in 1890 and is headquartered in Melbourne, FL.

IndexS&P 500, RUI
Employees45000
IPOJul 13, 1955
Beta0.46
ATR, 14d7.54
Rel volume0.27
Short float2.25%
Insider own0.42%
Inst own89.77%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap50.97B
Enterprise Value59.93B
Income2.01B
Sales23.33B
Book/sh108.73
Cash/sh16.22
Dividend Est.4.96 (1.81%)
Dividend TTM4.95 (1.81%)
Dividend Ex-DateDec 04, 2026
Dividend Gr. 3/5Y2.33% 7.14%
Payout56.31%
Employees45000
IPOJul 13, 1955

Ratios

P/E25.52
Forward P/E20.18
PEG1.51
P/S2.18
P/B2.52
P/C16.87
P/FCF14.00
EV/EBITDA15.46
EV/Sales2.57
Quick Ratio1.05
Current Ratio1.20
Debt/Eq0.59
LT Debt/Eq0.50
Option/ShortYes / Yes

Earnings

EPS (ttm)10.72
EPS next Y13.56
EPS next Q3.16
EPS this Y13.72%
EPS next Y11.15%
EPS next 5Y13.38%
EPS past 3/5Y15.81% 10.46%
Sales past 3/5Y8.62% 3.74%
EPS Y/Y TTM15.31%
Sales Y/Y TTM7.33%
EPS Q/Q33.54%
Sales Q/Q7.09%
EarningsOct 29 BMO
EPS/Sales Surpr.11.29% 2.35%

Ownership

Insider Own0.42%
Insider Trans0.00%
Inst Own89.77%
Inst Trans-0.52%
ROA4.82%
ROE10.28%
ROIC6.72%
Gross Margin22.81%
Oper. Margin11.69%
Profit Margin8.62%
SMA204.69%
SMA509.17%
SMA200-9.23%
Trades-

Technical

Shs Outstand186.14M
Shs Float185.42M
Short Float2.25%
Short Ratio2.42
Short Interest4.18M
52W High379.23 -27.82%
52W Low232.34 17.81%
Volatility4.07% 2.75%
ATR (14)7.54
RSI (14)61.88
Beta0.46
Rel Volume0.27
Avg Volume1.73M
Volume44,133

Performance

Perf Week5.38%
Perf Month16.62%
Perf Quarter-5.11%
Perf Half Y-10.24%
Perf YTD-6.76%
Perf Year-9.27%
Perf 3Y50.26%
Perf 5Y25.00%
Perf 10Y164.67%
Recom1.83
Target Price335.50
Prev Close275.96
Price273.72
Change %-0.81%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 09, 2026ResumedCCitigroupBuy$348+27.1%
Nov 09, 2026InitiatedCCitigroupBuy$348+27.1%
Sep 25, 2026DowngradeAArgusBuy → Hold
Sep 15, 2026InitiatedGGuggenheimBuy$365+33.3%
Sep 08, 2026DowngradeMMeliusBuy → Hold
Aug 26, 2026ResumedJJefferiesHold$315+15.1%
Dec 16, 2025UpgradeMMorgan StanleyEqual-Weight → Overweight$367+34.1%
Dec 12, 2025InitiatedCCitigroupBuy$331+20.9%
Nov 18, 2025InitiatedBBNP Paribas ExaneNeutral$290+5.9%
Apr 11, 2025UpgradeGGoldmanSell → Buy$263-3.9%

Peers

Mkt cap
TickerCompanyMkt cap
NOCNorthrop Grumman Corp77.33B
LMTLockheed Martin Corp139.09B
RTXRTX Corp268.22B
GDGeneral Dynamics Corp98.56B
DRSLeonardo DRS Inc9.67B
ESLTElbit Systems Ltd33.96B
KTOSKratos Defense & Security Solutions Inc6.94B
MRCYMercury Systems Inc5.32B
HIIHuntington Ingalls Industries Inc12.19B
TXTTextron Inc14.52B

Insider trading

latest 14 of 42
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Christopher KubasikOfficerNov 10 '26Proposed Sale275.9620,0005,519,200Nov 10 04:24 PM
Christopher KubasikOfficerNov 09 '26Proposed Sale271.4215,0004,071,300Nov 09 06:38 PM
Christopher KubasikOfficerNov 03 '26Proposed Sale277.675,0641,406,121Nov 03 05:57 PM
Christopher KubasikOfficerNov 02 '26Proposed Sale278.3915,0004,175,896Nov 02 05:26 PM
Christopher KubasikOfficerOct 30 '26Proposed Sale277.6115,0004,164,150Oct 30 05:54 PM
Christopher KubasikOfficerSep 11 '26Proposed Sale245.5418,0004,419,720Sep 11 06:53 PM
Christopher KubasikOfficerSep 10 '26Proposed Sale248.3721,9165,443,277Sep 10 05:07 PM
RAMBEAU JONFormer OfficerJun 09 '26Proposed Sale304.1616,0504,881,845Jun 09 05:12 PM
Robert B. MillardFormer DirectorJun 02 '26Proposed Sale308.1210,0003,081,200Jun 02 05:36 PM
Jon RambeauOfficerMay 26 '26Proposed Sale313.472,244703,427May 26 05:09 PM
MILLARD ROBERT BFormer DirectorMay 21 '26Proposed Sale305.3211,1713,410,747May 21 12:16 PM
RAMBEAU JONFormer OfficerMay 18 '26Proposed Sale309.938,6322,675,281May 18 04:37 PM
RAMBEAU JONFormer OfficerMay 12 '26Proposed Sale306.837,7422,375,494May 12 01:51 PM
Rakita MelanieVice President & CHROMay 01 '26Option Exercise0.003,59607,788May 05 04:54 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
ITAiShares U.S. Aerospace & Defense ETFAUM: 12.31B
VTVVanguard Morningstar Value ETFAUM: 196.23B
PPAInvesco Aerospace & Defense ETFAUM: 7.56B
XLIState Street Industrial Select Sector SPDR ETFAUM: 30.88B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.66B

News

latest 14 of 206
  • Pete Hegseth Might Get Impeached. What That Means for Defense Stocks. (Barrons.com)
  • Why Drone Maker AeroVironment's Stock Is Rocketing on This Sub-$1 Billion Deal (Barrons.com)
  • Karman's 29% Rise Makes It a Defense Stock Winner After Post-Election Slump (Barrons.com)
  • Three Defense Stocks That Can Survive a Blue Wave (Barrons.com)
  • Defense Watch: Strong Q3 Earnings, New Military Contracts, But Democrats Sweep Poses Spending Hurdles (Stocktwits)
  • Loading…
  • US Midterms Hit One Class of Stocks the Hardest as Trump Mulls Hegseth Removal (BeInCrypto) -6.46%
  • RTX and Other Defense Stocks Have a Midterm Headache (Barrons.com)
  • L3Harris Receives $121 Million in Orders to Support Army Command and Control (Business Wire)
  • Stocktwits Defense Watch: L3Harris, BA Report Record Backlogs, HII Raises FY2026 Shipbuilding Revenue Forecast (Stocktwits)
  • L3Harris Beats And Raises On Record $53 Billion Backlog, But A Lower 2028 Cash And Margin Framework Tempers The Story (Earnings Whispers) +6.84%
  • L3Harris Technologies Inc. stock outperforms competitors on strong trading day (MarketWatch)
  • L3Harris Raises 2026 Earnings and Revenue Guidance After Third-Quarter Results Exceed Forecasts (InvestorsHub)
  • L3Harris hikes annual outlook after strong third quarter beat (Investing.com)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-293.2802.9473.2806,0605,92118
2026Q22026-07-293.1302.8053.1295,8815,81216
2026Q12026-04-302.7202.5302.7225,7445,41618
2025Q42026-01-292.8602.7561.5945,6485,77020
2025Q32025-10-302.7002.5802.4565,6595,52419
2025Q22025-07-242.7802.4842.4395,4265,31420
2025Q12025-04-242.4102.3122.0415,1325,20420
2024Q42025-01-303.4703.4182.3775,5235,50222
2024Q32024-10-243.3403.2542.1005,2925,28322
2024Q22024-07-253.2403.1771.9205,2995,30122
2024Q12024-04-253.0602.9061.4835,2115,11121
2023Q42024-01-253.3503.3130.8295,3405,28321
2023Q32023-10-263.1903.0382.0154,9154,94122
2023Q22023-07-262.9702.9441.8364,6934,37119
2023Q12023-04-272.8602.8521.7634,4714,25620
2022Q42023-01-263.2703.2602.1664,5784,34220

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY8.2908.2903.6756,8016,801
2020FY11.60011.5585.18318,19418,420
2021FY12.95012.9279.08517,81417,940
2022FY12.90012.8815.48817,06216,825
2023FY12.36012.3476.43819,41919,362
2024FY13.10013.0677.87621,32521,303
2025FY10.73010.6468.53021,86521,987
2026FY-12.203--23,632
2027FY-13.564--25,301
2028FY-15.640--27,350
2029FY-17.623--29,316
2030FY-19.723--31,248

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-1119275,9885,9066,138
2026Q4S2026-11-0820275,9875,9066,138
2026Q4S2026-11-0319275,9875,9066,138
2026Q4S2026-11-0219375,9895,9066,138
2026Q4S2026-10-3019275,9825,8176,138
2026Q4S2026-10-2918275,9835,8176,138
2026Q4S2026-10-2818355,9985,8176,138
2026Q4S2026-10-1718355,9985,8176,138
2026Q4S2026-10-1618455,9985,8176,138
2026Q4S2026-10-1418455,9975,8176,138
2026Q4S2026-10-1318465,9965,8176,138
2026Q4S2026-10-1218566,0045,8176,138
2026Q4S2026-10-0918656,0035,8176,138
2026Q4S2026-10-0817646,0035,8176,138

Estimate history

EPS, annual4.5215.9133.6755.1839.0855.4886.4387.8768.52410.7245
Period201720182019202020212022202320242025TTM
EPS, quarterly2.12.3772.0412.4392.4561.5942.7223.1293.28
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual590061821852618194178141706219419213252186523333
Period201720182019202020212022202320242025TTM
Sales, quarterly529255235132542656595648574458816060
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual119.629118.28218.227208.23193.511190.611189.809189.795186.844186.145
Period201720182019202020212022202320242025MRQ
Shares, quarterly189.549189.795187.594186.912187.167186.844186.601186.156186.145
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2019FY
Total Revenue23,333.0021,865.0021,325.0019,419.0017,062.0017,814.0018,194.0018,526.006,801.00
Cost of Goods Sold Incl. D&A18,011.0016,947.0016,580.0014,993.0012,135.0012,438.0012,855.0013,452.004,467.00
Gross Profit5,322.004,918.004,745.004,426.004,927.005,376.005,339.005,074.002,334.00
Selling, General and Administrative Excl. Other2,594.002,584.002,687.002,401.002,784.003,152.003,168.002,814.001,242.00
Research and Development-536.00515.00480.00603.00692.00684.00658.00331.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income2,728.002,334.002,058.002,025.002,143.002,224.002,171.002,260.001,092.00
Interest Expense524.00597.00675.00543.00279.00265.00270.00270.00169.00
Unusual Expense151.00142.00140.00548.001,024.00370.00965.001,064.00-
Net Income Before Taxes2,424.001,932.001,597.001,221.001,273.002,283.001,322.001,816.001,113.00
Income Taxes380.00326.0085.0023.00212.00440.00234.00146.00160.00
Consolidated Net Income2,044.001,606.001,512.001,198.001,061.001,843.001,088.001,670.00951.00
Net Income From Continuing Operations2,044.001,606.001,502.001,227.001,062.001,847.001,121.001,646.00951.00
Net Income2,011.001,606.001,502.001,227.001,062.001,846.001,119.001,644.00947.00
EPS (Recurring)11.339.058.398.459.1910.368.3110.687.86
EPS (Basic, Before Extraordinaries)10.798.577.916.475.549.175.233.728.03
EPS (Diluted)10.728.527.886.445.499.085.183.677.86
EBITDA3,876.003,558.003,347.003,193.003,090.003,194.003,218.003,154.001,345.00
Non-Operating Income (Expense)371.00337.00354.00287.00433.00694.00386.00890.00190.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00-2.00
Stock Option Compensation Expense63.2085.0060.8370.0082.0096.0070.00188.0044.00
Price To Earnings Ratio25.7325.7333.2127.0836.1923.4436.4718.8020.56
Price To Sales Ratio1.902.621.882.072.362.432.242.543.35
Gross Margin22.8122.4922.2522.7928.8830.1829.3427.3934.32
Operating Margin11.6910.679.6510.4312.5612.4811.9312.2016.06
Net Margin8.627.357.046.326.2210.366.158.8713.92
Shares Outstanding186.14186.84189.79189.81190.61193.51208.23218.23118.55
Market Capitalization51,384.0351,384.0339,883.3939,920.9139,643.8141,843.0239,715.3743,742.1322,341.17

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue6,060.005,881.005,744.005,648.005,659.005,426.005,132.005,523.00
Cost of Goods Sold Incl. D&A4,590.004,542.004,501.004,378.004,342.004,268.003,959.004,320.00
Gross Profit1,470.001,339.001,243.001,270.001,317.001,158.001,173.001,203.00
Selling, General and Administrative Excl. Other658.00675.00551.00710.00686.00574.00614.00594.00
Research and Development143.00160.00146.00-137.00132.00112.00-
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income812.00664.00692.00560.00631.00584.00559.00609.00
Interest Expense116.00129.00136.00143.00152.00152.00150.00161.00
Unusual Expense9.0010.0030.00102.0010.0013.0017.0040.00
Net Income Before Taxes743.00710.00589.00382.00567.00524.00459.00487.00
Income Taxes111.00110.0077.0082.00105.0066.0073.0031.00
Consolidated Net Income632.00600.00512.00300.00462.00458.00386.00456.00
Net Income From Continuing Operations632.00600.00512.00300.00462.00458.00386.00453.00
Net Income613.00586.00512.00300.00462.00458.00386.00453.00
EPS (Recurring)3.313.172.831.972.492.492.102.52
EPS (Basic, Before Extraordinaries)3.293.152.741.602.472.452.052.39
EPS (Diluted)3.283.132.721.592.462.442.042.38
EBITDA1,079.00952.00974.00871.00940.00887.00860.00935.00
Non-Operating Income (Expense)56.00185.0063.0067.0098.00105.0067.0079.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense0.7922.1216.5923.7027.6522.9115.010.79
Price To Earnings Ratio25.7331.5540.4631.5234.1029.7326.5633.21
Price To Sales Ratio1.902.472.982.622.572.171.851.87
Gross Margin24.2622.7721.6422.4923.2721.3422.8621.78
Operating Margin13.4011.2912.059.9211.1510.7610.8911.03
Net Margin10.129.968.915.318.168.447.528.20
Shares Outstanding186.14186.16186.60186.84187.17186.91187.59189.79
Market Capitalization51,384.0354,135.4664,465.7454,913.1557,140.6846,893.5339,290.8439,883.39

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2019FY2018FY
Cash & Short Term Investments1,069.00615.00560.00880.00941.001,276.00824.00530.00288.00
Short Term Receivables4,990.004,681.004,426.004,278.004,164.004,076.003,877.001,455.00909.00
Inventories1,219.001,330.001,472.001,291.00982.00973.001,219.00360.00925.00
Other Current Assets1,315.001,332.001,454.00289.00261.00328.00392.00233.00101.00
Total Current Assets8,593.007,958.007,912.006,738.006,348.006,653.006,312.002,578.002,223.00
Net Property, Plant & Equipment2,665.003,465.003,605.002,860.002,870.002,868.002,954.00894.00900.00
Total Investments and Advances0.000.000.001.001.003.002.000.000.00
Intangible Assets26,519.0027,964.0028,519.0023,284.0024,829.0026,784.0028,459.006,210.006,361.00
Deferred Tax Assets76.00120.0091.0073.0085.00119.00102.00173.00116.00
Other Assets3,342.002,494.001,560.00568.00576.00533.00507.00262.00239.00
Total Assets41,195.0042,001.0041,687.0033,524.0034,709.0036,960.0038,336.0010,117.009,839.00
Short Term Debt Incl. Current Port. of LT Debt805.001,298.002,085.00941.00122.00126.00389.00759.00382.00
Accounts Payable2,461.002,005.002,106.001,945.001,767.001,406.001,261.00525.00622.00
Income Tax Payable-29.0088.00376.0028.0049.0024.008.0015.00
Other Current Liabilities3,960.004,301.003,725.002,514.002,634.002,659.002,335.00976.00769.00
Total Current Liabilities7,226.007,633.008,004.005,776.004,551.004,240.004,009.002,268.001,788.00
Long Term Debt10,443.0011,682.0011,865.006,966.007,816.007,642.007,475.002,763.003,408.00
Provision for Risks Charges0.00187.00208.00262.00614.001,906.001,819.001,174.00714.00
Deferred Tax Liabilities1,114.00942.00815.00719.001,344.001,237.001,481.0012.0090.00
Other Liabilities2,777.001,978.001,966.001,177.001,065.001,094.00808.00537.00517.00
Total Liabilities21,560.0022,422.0022,858.0014,900.0015,390.0016,119.0015,592.006,754.006,517.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity19,635.0019,514.0018,765.0018,523.0019,213.0020,724.0022,587.003,363.003,322.00
Total Shareholders Equity19,635.0019,514.0018,765.0018,523.0019,213.0020,724.0022,587.003,363.003,322.00
Accumulated Minority Interest0.0065.0064.00101.00106.00117.00157.000.000.00
Total Equity19,635.0019,579.0018,829.0018,624.0019,319.0020,841.0022,744.003,363.003,322.00
Total Liabilities & Stockholders Equity41,195.0042,001.0041,687.0033,524.0034,709.0036,960.0038,336.0010,117.009,839.00
Book Value Per Share105.09102.8298.8697.1899.2999.52103.5028.3728.09
Tangible Book Value Per Share-36.84-44.52-51.39-24.98-29.02-29.10-26.91-24.01-25.69
Full-Time Employees45,00047,00050,00046,00047,00048,00050,00018,20017,500
Price to Book Ratio2.542.102.142.172.151.901.916.195.46
Return on Assets3.863.593.263.115.152.986.839.537.22
Return on Equity8.207.856.585.639.255.1812.7128.4523.01
Return on Invested Capital5.344.814.014.176.833.945.4715.4610.64
Quick Ratio1.020.870.800.941.181.341.270.980.73
Current Ratio1.191.040.991.171.391.571.571.141.24

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2019FY
Net Income2,044.001,606.001,512.001,198.001,061.001,842.001,086.00834.00949.00
Depreciation1,148.001,224.001,289.001,166.00938.00967.001,032.00442.00258.00
Other Funds (Non Cash)-13.00121.00113.00470.00738.00-10.00775.00-446.004.00
Funds from Operations3,479.003,157.003,088.002,411.002,141.002,685.002,678.00830.001,211.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital706.00-51.00-529.00-315.0017.002.00112.00109.00-26.00
Income Taxes Payable239.00365.00-383.00-333.00499.00190.0061.0047.0022.00
Cash from Operating Activities4,185.003,106.002,559.002,096.002,158.002,687.002,790.00939.001,185.00
Capital Expenditures-544.00-424.00-408.00-449.00-252.00-342.00-368.00-173.00-161.00
Net Assets From Acquisitions-0.000.00-6,688.000.000.000.001,130.000.00
Sale of Fixed Assets and Businesses548.00820.00274.00127.0019.001,746.001,131.00363.000.00
Purchase or Sale of Investments-550.000.000.000.00-47.000.000.000.000.00
Purchase of Investments-550.000.000.000.00-47.00-0.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses13.000.00-129.00-11.000.00-10.00-12.000.000.00
Other Sources11.0011.000.000.0030.000.000.000.002.00
Cash from Investing Activities-522.00407.00-263.00-7,021.00-250.001,394.00751.001,320.00-159.00
Cash Dividends Paid-929.00-903.00-886.00-868.00-864.00-817.00-725.00-337.00-325.00
Change in Capital Stock219.00-1,154.00-421.00-494.00-1,026.00-3,578.00-2,234.00-1,391.00-150.00
Repurchase of Common Pref Stock-754.00-1,154.00-554.00-518.00-1,083.00-3,675.00-2,290.00-1,500.00-200.00
Sale of Common Pref Stock973.000.00133.0024.0057.0097.0056.00109.0050.00
Proceedsfrom Stock Options973.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-226.00-1,133.00-877.005,997.00-10.00-7.00-30.00-109.00-281.00
Change in Long Term Debt-16.00-515.00-1,084.001,599.000.000.000.000.00-281.00
Issuance of Long Term Debt0.000.00688.001,599.000.000.000.000.0027.00
Reduction of Long Term Debt-16.00-515.00-1,772.000.000.000.000.000.00-308.00
Net Financing Active Other Cash Flow21.00108.00-40.00-41.00-51.00-11.00-123.00-134.00-25.00
Other Financing Activities Uses0.000.00-40.00-41.00-51.00-11.00-123.00-134.00-25.00
Cash from Financing Activities-1,533.00-3,082.00-2,224.004,594.00-1,951.00-4,413.00-3,112.00-1,971.00-781.00
Exchange Rate Effect2.0023.00-17.0011.00-18.00-3.0023.006.00-3.00
Net Change in Cash2,132.00454.0055.00-320.00-61.00-335.00452.00294.00242.00
Free Cash Flow3,641.002,682.002,151.001,647.001,906.002,345.002,422.00766.001,024.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow16.3132.2531.6251.5338.6628.3624.05109.7532.60
Deferred Taxes & Investment Tax Credit-206.00174.00-423.00-596.00-114.00-215.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments3,021.001,521.00590.001,069.00339.00482.00
Short Term Receivables5,639.005,624.005,442.004,990.005,486.005,387.00
Inventories1,278.001,272.001,234.001,219.001,291.001,258.00
Other Current Assets635.001,666.001,628.001,315.00477.00481.00
Total Current Assets10,573.0010,083.008,894.008,593.007,593.007,608.00
Net Property, Plant & Equipment2,833.002,686.002,658.002,665.002,761.002,742.00
Total Investments and Advances0.000.000.000.000.000.00
Intangible Assets26,388.0026,536.0026,330.0026,519.0027,442.0027,633.00
Deferred Tax Assets72.0065.0071.0076.0087.0089.00
Other Assets3,940.003,568.003,427.003,342.003,131.003,168.00
Total Assets43,806.0042,938.0041,380.0041,195.0041,014.0041,240.00
Short Term Debt Incl. Current Port. of LT Debt1,815.001,815.002,166.00805.00845.001,126.00
Accounts Payable2,182.002,085.001,930.002,461.001,902.002,033.00
Other Current Liabilities4,844.004,617.004,505.003,960.003,891.004,163.00
Total Current Liabilities8,841.008,517.008,601.007,226.006,638.007,322.00
Long Term Debt10,168.0010,152.009,191.0010,443.0010,997.0010,976.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities1,436.001,369.001,225.001,114.001,039.00800.00
Other Liabilities3,121.003,018.002,683.002,777.002,808.002,864.00
Total Liabilities23,566.0023,056.0021,700.0021,560.0021,482.0021,962.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity20,240.0019,882.0019,680.0019,635.0019,532.0019,278.00
Total Shareholders Equity20,240.0019,882.0019,680.0019,635.0019,532.0019,278.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity20,240.0019,882.0019,680.0019,635.0019,532.0019,278.00
Total Liabilities & Stockholders Equity43,806.0042,938.0041,380.0041,195.0041,014.0041,240.00
Book Value Per Share108.73106.80105.47105.09104.36103.14
Tangible Book Value Per Share-33.03-35.74-35.64-36.84-42.26-44.70
Full-Time Employees---45,000--
Price to Book Ratio2.542.763.282.812.962.46
Return on Assets4.824.454.193.864.244.09
Return on Equity10.289.578.938.209.138.90
Return on Invested Capital2.082.001.771.001.511.51
Quick Ratio1.051.030.891.020.950.87
Current Ratio1.201.181.031.191.141.04

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income632.00600.00512.00300.00462.00458.00
Depreciation267.00288.00282.00311.00309.00303.00
Other Funds (Non Cash)-7.00-73.0013.0054.0033.0031.00
Funds from Operations955.00878.00926.00720.001,049.00787.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital484.001.00-1,021.001,242.00-503.00-147.00
Income Taxes Payable23.002.00-7.00221.00-177.0048.00
Cash from Operating Activities1,439.00879.00-95.001,962.00546.00640.00
Capital Expenditures-179.00-108.00-99.00-158.00-119.00-88.00
Net Assets From Acquisitions--0.00---
Sale of Fixed Assets and Businesses552.000.007.00-11.000.000.00
Purchase or Sale of Investments-550.000.000.000.000.000.00
Purchase of Investments-550.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-4.00-6.00-5.0028.00-10.0010.00
Other Sources0.000.000.0011.000.000.00
Cash from Investing Activities-181.00-114.00-97.00-130.00-129.00-78.00
Cash Dividends Paid-234.00-232.00-238.00-225.00-225.00-225.00
Preferred Dividends (Cash Flow)--0.000.000.000.00
Change in Capital Stock-73.00744.00-296.00-156.00-176.00-253.00
Repurchase of Common Pref Stock-73.00-229.00-296.00-156.00-176.00-253.00
Sale of Common Pref Stock0.00973.000.000.000.000.00
Proceedsfrom Stock Options0.00973.000.000.000.000.00
Issuance or Reduction of Debt, Net-3.00-356.00244.00-111.00-263.00-161.00
Change in Long Term Debt-3.00-6.00-106.0099.00-3.00-611.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt-3.00-6.00-106.0099.00-3.00-611.00
Net Financing Active Other Cash Flow1.0011.006.003.00104.0024.00
Other Financing Activities Uses0.000.000.000.000.0023.00
Cash from Financing Activities-309.00167.00-284.00-1,107.00-560.00-610.00
Exchange Rate Effect1.00-1.00-3.005.000.0013.00
Net Change in Cash950.00931.00-479.00730.00-143.00-35.00
Free Cash Flow1,260.00771.00-194.001,804.00427.00552.00
Price to Free Cash Flow16.3129.9739.9532.2156.5036.52

Revenue breakdown

Product2024: 15.13B
Service2024: 6.19B
Non-US2024: 4.39B
United States2024: 16.94B
Aerojet Rocketdyne2024: 2.35B
Communication Systems2024: 5.53B
Consolidation, Policy2024: -384.00M
Integrated Mission Systems2024: 6.91B
Space and Airborne Systems2024: 6.92B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.25%4.2M185.4M1.69M
2026-10-152.31%4.3M185.4M1.63M
2026-09-302.44%4.5M185.4M1.57M
2026-09-152.42%4.5M185.4M1.61M
2026-08-312.14%4.0M185.4M1.51M
2026-08-141.89%3.5M185.4M1.41M
2026-07-312.08%3.9M185.4M1.41M
2026-07-151.67%3.1M185.5M1.41M
2026-06-301.82%3.4M185.5M1.40M
2026-06-151.58%2.9M185.2M1.32M
2026-05-291.29%2.4M185.5M1.42M
2026-05-151.37%2.5M185.5M1.42M
2026-04-301.11%2.1M185.4M1.39M
2026-04-151.37%2.5M185.9M1.39M
2026-03-311.63%3.0M186.0M1.56M
2026-03-131.36%2.5M186.0M1.44M
2026-02-271.20%2.2M186.0M1.35M
2026-02-131.08%2.0M186.0M1.35M
2026-01-301.43%2.7M186.1M1.35M
2026-01-151.87%3.5M186.5M1.25M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call165107111.50.004.8890.000.000.961-1.7110.017
call170102106.50.004.6510.000.000.959-1.6930.018
call17597.00101.60.004.4930.000.000.957-1.6730.019
call18092.0096.500.004.2640.000.000.955-1.6520.020
call18587.0091.500.004.0410.000.000.952-1.6310.021
call19082.0086.500.003.8230.000.000.950-1.6070.021
call19577.0081.500.003.6090.000.000.947-1.5830.022
call20072.0076.500.003.3990.000.000.943-1.5570.024
call20567.0071.500.003.1930.000.000.940-1.5290.025
call21062.0066.300.003.0170.000.000.936-1.4980.026
call21557.0061.000.002.7370.000.000.931-1.4660.027
call22052.2056.3054.062.4383.002.000.926-1.4310.029
call222.549.7053.8051.592.5171.002.000.924-1.4130.030
call22547.0051.0027.602.3483.000.000.921-1.3930.031
call227.544.5048.900.002.2980.000.000.917-1.3730.032
call23042.0046.0048.022.2191.000.000.914-1.3530.032
call232.539.5044.200.002.1040.000.000.910-1.3290.034
call23537.0041.1016.101.9861.000.000.906-1.3050.035
call237.534.5038.800.001.9100.000.000.901-1.2800.036
call24032.0036.1038.221.7938.000.000.896-1.2540.037
call242.529.5033.800.001.7160.000.000.891-1.2250.039
call24527.0031.2028.691.6194.000.000.884-1.1950.040
call247.524.5028.800.001.5210.000.000.875-1.1910.043
call25022.0026.3025.711.44081.000.000.863-1.1950.045
call252.519.5023.800.001.3400.000.000.850-1.1920.048
call25517.0021.4015.901.25517.000.000.834-1.1880.052
call257.514.5019.000.001.1680.000.000.815-1.1780.055
call26012.6016.3016.081.03231.000.000.795-1.1330.059
call262.510.0014.006.300.95328.000.000.767-1.1100.063
call2658.1011.5011.350.84127.000.000.734-1.0520.068
call267.55.809.509.300.78931.000.000.667-1.1650.075
call2703.607.407.600.71112.000.000.596-1.2330.080
call272.52.005.705.100.66786.000.000.521-1.1580.082
call2750.554.603.400.66124.000.000.453-1.2350.082
call277.51.053.701.900.68620.001.000.369-1.1490.078
call2800.201.701.750.52296.000.000.257-0.8040.067
call282.50.001.501.000.57917.000.000.217-0.8260.061
call2850.001.500.900.65340.000.000.208-0.9490.059
call287.50.001.500.490.73214.000.000.187-0.9820.056
call2900.001.500.400.80825.000.000.173-1.0290.053
call292.50.001.500.140.8897.000.000.159-1.0580.050
call2950.001.500.100.95927.000.000.150-1.1000.048
call3000.001.500.541.08694.000.000.136-1.1730.045
call3050.001.500.000.7230.000.000.061-0.3780.029
call3100.001.500.000.8130.000.000.055-0.3930.027
call3150.001.500.000.9000.000.000.051-0.4060.025
call3200.000.050.000.9840.000.000.047-0.4190.024
call3250.001.500.001.0650.000.000.044-0.4290.023
call3300.001.500.001.0080.000.000.007-0.1020.004
call3350.001.500.001.2200.000.000.039-0.4480.021
call3400.001.500.001.1450.000.000.007-0.1050.004
call3450.001.900.001.2160.000.000.006-0.1070.004
call3500.004.900.001.2770.000.000.006-0.1080.004
call3550.004.900.001.3450.000.000.006-0.1090.003
call3600.002.300.001.4080.000.000.006-0.1100.003
put1650.004.800.004.1270.000.00-0.039-1.7070.017
put1700.004.900.002.9060.000.00-0.021-0.6360.012
put1750.002.100.003.7180.000.00-0.043-1.6680.019
put1800.004.000.002.6050.000.00-0.023-0.6220.013
put1850.003.700.003.3280.000.00-0.048-1.6240.021
put1900.004.400.003.1390.000.00-0.050-1.6010.021
put1950.004.900.002.1800.000.00-0.028-0.5990.015
put2000.004.700.002.7730.000.00-0.056-1.5490.024
put2050.004.900.002.5890.000.00-0.060-1.5190.025
put2100.003.500.002.4190.000.00-0.064-1.4900.026
put2150.002.150.002.2470.000.00-0.068-1.4570.027
put2200.002.201.222.0761.000.00-0.073-1.4220.029
put222.50.004.900.001.9920.000.00-0.076-1.4030.030
put2250.003.201.701.9073.000.00-0.079-1.3840.031
put227.50.001.700.001.8240.000.00-0.082-1.3630.031
put2300.004.900.051.73428.000.00-0.086-1.3390.033
put232.50.003.300.001.6570.000.00-0.090-1.3190.034
put2350.001.500.251.5747.000.00-0.094-1.2950.035
put237.50.001.500.301.4911.000.00-0.098-1.2700.036
put2400.001.500.851.4075.000.00-0.103-1.2430.037
put242.50.001.500.001.3170.000.00-0.109-1.2120.039
put2450.001.500.591.24129.000.00-0.115-1.1840.040
put247.50.001.500.051.1572.000.00-0.124-1.1760.042
put2500.001.500.141.07343.000.00-0.136-1.1800.045
put252.50.001.500.570.9896.000.00-0.148-1.1710.048
put2550.001.501.300.90324.000.00-0.164-1.1650.051
put257.50.001.500.000.5970.000.00-0.098-0.4640.042
put2600.001.500.800.72820.000.00-0.201-1.1080.058
put262.50.001.501.000.4700.000.00-0.129-0.4660.051
put2650.051.504.100.54410.000.00-0.260-1.0270.067
put267.50.252.302.200.5592.000.00-0.327-1.1450.075
put2700.053.502.260.59719.000.00-0.397-1.2080.080
put272.50.254.001.730.5221.000.00-0.470-1.1380.082
put2752.105.003.800.4644.001.00-0.561-1.1110.082
put277.53.107.004.700.5174.000.00-0.631-1.1320.078
put2805.008.507.500.4757.000.00-0.743-0.7870.067
put282.57.0010.900.000.5440.000.00-0.783-0.8080.061
put2859.3012.909.800.5270.000.00-0.814-0.8080.055
put287.511.6015.500.000.6200.000.00-0.826-0.8860.053
put29014.0018.0012.200.7950.000.00-0.830-0.9940.052
put292.516.5020.500.000.8660.000.00-0.841-1.0390.050
put29519.0023.000.000.9360.000.00-0.850-1.0810.048
put30023.8028.000.001.0690.000.00-0.864-1.1560.045
put30529.0033.0048.371.1960.000.00-0.876-1.2160.042
put31033.4038.0053.201.3180.000.00-0.885-1.2680.040
put31538.7043.000.001.4340.000.00-0.892-1.3150.038
put32043.7048.000.001.5470.000.00-0.991-0.0770.005
put32548.4053.000.001.6560.000.00-0.992-0.0780.005
put33053.5058.000.001.7610.000.00-0.992-0.0790.004
put33558.5063.000.001.8630.000.00-0.993-0.0800.004
put34063.5068.000.001.9630.000.00-0.993-0.0810.004
put34568.5073.000.002.0600.000.00-0.994-0.0820.004
put35073.5078.000.002.1540.000.00-0.994-0.0820.004
put35578.5083.0084.522.2460.000.00-0.994-0.0830.003
put36083.8088.0089.502.3360.000.00-0.994-0.0840.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10144Filing for proposed sale of securities under Rule 144.SEC
2026-11-10SCHEDULE 13GSEC
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-058-KCurrent report2026-11-02SEC
2026-11-04424B5SEC
2026-11-03144Filing for proposed sale of securities under Rule 144.SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-11-02FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-11-02424B5SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2910-QQuarterly report pursuant to Section 13 or 15(d)2026-10-02SEC
2026-10-298-KCurrent report2026-10-29SEC
2026-10-233Initial statement of beneficial ownership of securities2026-10-21SEC
2026-10-228-KCurrent report2026-10-21SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-11144Filing for proposed sale of securities under Rule 144.SEC
2026-09-10144Filing for proposed sale of securities under Rule 144.SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-024Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-08-253Initial statement of beneficial ownership of securities2026-08-17SEC
2026-08-253Initial statement of beneficial ownership of securities2026-08-17SEC
2026-08-178-KCurrent report2026-08-16SEC
2026-08-12SCHEDULE 13G/ASEC
2026-08-034Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-08-034Statement of changes in beneficial ownership of securities2026-08-03SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-0500676.78K1
2026-040000
2026-03004.37M3
2026-02002.45M2
2026-010000
2025-120000
2025-11004.27M1

Institutional holders

Manager% owned
BlackRock, Inc.10.21%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC5.16%
STATE STREET CORP4.88%
Capital World Investors3.55%
GEODE CAPITAL MANAGEMENT, LLC2.88%
WELLINGTON MANAGEMENT GROUP LLP2.53%
WELLS FARGO & COMPANY/MN2.42%
MORGAN STANLEY1.95%
PRICE T ROWE ASSOCIATES INC /MD/1.77%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND30.05%
VANGUARD SHORT-TERM INVESTMENT-GRADE FUND23.88%
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND18.71%
JPMorgan Ultra-Short Income ETF13.47%
Victory Pioneer Multi-Asset Ultrashort Income Fund9.73%
PGIM Total Return Bond Fund8.51%
First Trust Enhanced Short Maturity ETF8.05%
VANGUARD ULTRA-SHORT BOND ETF8.02%
First Trust Smith Opportunistic Fixed Income ETF6.96%
Invesco BulletShares 2027 Corporate Bond ETF6.87%

OakChart. LHX. Cached 15 minutes.