Revenue segments as reported by the company.

Integrated Mission Systems

Space & Airborne Systems

Communication Systems

Aerojet Rocketdyne

Aviation Systems

Corporate eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Engineering, selling and administrative

Business divestiture-related gains (losses)

Impairment of goodwill and other assets

Non-operating income

Interest expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

L3Harris

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: Integrated Mission Systems, Space and Airborne Systems, Communication Systems, and Aviation Systems. The Integrated Mission Systems segment consists of multi-mission ISR and communication systems, integrated electrical and electronic systems for maritime platforms, and advanced electro-optical and infrared solutions. The Space and Airborne Systems segment consists of space payloads, sensors and full-mission solutions, classified intelligence and cyber defense, avionics, and electronic warfare. The Communication Systems segment consists of tactical communications, broadband communications, integrated vision solutions, and public safety. The Aviation Systems segment is composed of defense aviation products, security, detection and other commercial aviation products, air traffic management, and commercial and military pilot training. The company was founded in 1890 and is headquartered in Melbourne, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

L3Harris (LHX) exceeds Q4 expectations, focuses on growth and stability

L3Harris (LHX) delivered strong Q4 results, with a focus on growth and margin stability in 2023. Strategic M&A activities and investments in key growth areas position the company for future success. Challenges around supply chain, inflation, and margin outlook require proactive management.

L3Harris reports strong Q1 earnings, eyes higher revenue opportunities

L3Harris had a robust Q1, with strong financial performance and a positive outlook for the year. The company is strategically positioned to capitalize on international bookings and working capital improvements. Challenges lie in managing debt levels post the Aerojet acquisition while focusing on profitability and operational enhancements.

L3Harris reports robust Q2 earnings, eyes Aerojet synergy for growth

L3Harris' strong financial performance in Q2 2023, coupled with the Aerojet acquisition, positions the company for growth and innovation in the defense industry. Operational improvements, increased guidance, and a focus on space sector success highlight L3Harris' strategic direction.

L3Harris excels in Q3, eyes growth and efficiency gains

L3Harris demonstrated strong financial performance, strategic alignment, and commitment to shareholder value.
Challenges lie in maintaining margins, reducing debt, and optimizing operations amidst industry dynamics.
Opportunities for growth, efficiency gains, and strategic investments position L3Harris for future success.
Investor Day offers a platform to communicate growth strategies and engage with investors and stakeholders.

L3Harris reports record orders and margin focus for 2023

L3Harris achieved strong financial performance in 2023, with record orders and a focus on margin expansion and free cash flow growth.
The company's strengths lie in strong international orders, successful product lines like tactical radios, and improved supply chain management.
Challenges include sub-tier supplier issues, supply chain obstacles, and potential structural issues in defense industry pricing.
Opportunities exist in debt reduction, shareholder returns, international growth, and operational efficiencies for margin expansion and free cash flow growth.

L3Harris posts robust Q1 earnings, eyes international growth opportunities

L3Harris reported strong Q1 2024 earnings, raised guidance, and is focused on financial optimization and international growth. The company faces challenges in reducing leverage and optimizing bidding strategies. However, opportunities in international markets and revenue growth strategies present promising avenues for future success.

L3Harris excels in Q2 2024, eyes European defense market

L3Harris delivered robust financial results, emphasized operational efficiency gains, and reaffirmed guidance for revenue, margin rate, and EPS. The company's focus on optimizing workforce and infrastructure, coupled with strategic divestitures, positions it well for future growth and shareholder value creation.

L3Harris reports strong Q3 performance, eyes growth and efficiency

L3Harris had a strong quarter with record order volume, robust margins, and increased revenue across all segments.
The company's strategic partnerships, cost-saving initiatives, and focus on growth and profitability position them well for future success.
Challenges include flat revenue in the SAS segment and ongoing portfolio shaping efforts, while opportunities lie in anticipated growth and program advancements.
Overall, L3Harris is confident in maintaining and growing market share, delivering advanced solutions, and driving profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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: Space and Airborne Systems, Integrated Mission Systems, Communication Systems, and Aerojet Rocketdyne. The Space and Airborne Systems segment provides full mission solutions as a prime and subsystem integrator in the space, airborne and cyber domains. The Integrated Mission Systems segment focuses on the differentiated mission capabilities and prime systems integration for the air, land and sea domains. The Communication Systems segment enables warfighters across all domains with solutions critical to mission success even in the most contested environments. 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.

Microsoft

Oracle

Target

Ken Heebner (Trades, Portfolio)’s Capital Growth Management released its second-quarter portfolio last week, listing 19 new holdings.

The Top 5 Buys of Ken Heebner’s CGM

Northrop Grumman

Textron

Textron's Shadow is fading, and a new day is dawning for military drones.

U.S. Army Spends $100 Million to Pick a New Drone

Aerojet Rocketdyne Holdings

Curtiss-Wright

Huntington Ingalls Industries

Leidos Hld

Spirit AeroSystems Hlds

Triumph Group

Over the past five trading sessions, the defense biggies put up a dismal show, with General Dynamics and Textron losing the most.

Defense Stock Roundup: US-North Korea Conflict, Q2 Earnings Beat at LDOS & AJRD

NOC vs. LHX: Which Stock Is the Better Value Option?

L3Harris Technologies, Inc. (LHX) CEO Bill Brown on Q4 2019 Results - Earnings Call Transcript

L3Harris (LHX) reports better-than-expected earnings and revenues in fourth-quarter fiscal 2019.

L3Harris Technologies (LHX) Q4 Earnings Top Estimates, Up Y/Y

Lockheed Martin

Mercury Systems

Lockheed Martin F-35 suppliers L3 Harris Technologies and Mercury Systems reported strong fiscal Q4 results as defense earnings continue to outperform. 
The post These F-35 Suppliers Beat Earnings Views As Defense Stocks Remain Strong appeared first on Investor's Business Daily.

These F-35 Suppliers Beat Earnings Views As Defense Stocks Remain Strong

Harris (LHX) delivered earnings and revenue surprises of 6.09% and 3.36%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Harris (LHX) Surpasses Q4 Earnings and Revenue Estimates

L3Harris Technologies' (LHX) earnings in fourth-quarter fiscal 2019 are likely to benefit from regular order growth.

What's in Store for L3Harris Technologies' (LHX) Q4 Earnings?

Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Harris (LHX) Earnings Expected to Grow: Should You Buy?

But what will you get when you buy L3Harris stock?

This Banker Is a Fan of New Defense Giant L3Harris

L3 Technologies' (LLL) Micreo acquisition played a key role in winning the latest deal pertaining to the submarine photonics mast programs.

L3 Technologies Wins Deal to Upgrade Navy Submarine Sensors

Harris

Post completion, Harris (HRS) and L3 Technologies (LLL) shareholders will own approximately 54% and 46%, respectively, of the combined company - L3 Harris Technologies, Inc.

Harris-L3 Merger Gets Regulatory Nod, L3Harris Set for Debut

L3 Technologies (LLL) is a promising bet for investors, courtesy of these four factors.

Here's Why You Should Add L3 Technologies (LLL) Stock Now

L3 Technologies (LLL) will engage in engineering and manufacturing development through production along with extending training and logistics requirements.

L3 Technologies Wins $500M Deal to Upgrade C-130H Aircraft

The defense electronics company reports a strong quarter as it preps for a major merger.

Why Shares of L3 Technologies Jumped in May

L-3 (LLL) reported earnings 30 days ago. What's next for the stock?

L-3 (LLL) Up 5.1% Since Last Earnings Report: Can It Continue?

The shareholders of Harris Corporation and the shareholders of L3 Technologies have approved the merger.

Shareholders Approve The Merger Of Harris And L3

L3 Technologies (LLL) CEO Christopher Kubasik on Q1 2019 Results - Earnings Call Transcript

L-3 (LLL) delivered earnings and revenue surprises of 14.68% and 6.97%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

L3 Technologies (LLL) Q1 Earnings and Revenues Top Estimates

L3 Technologies' (LLL) better-than-expected sales in first-quarter 2019 can be attributed to solid organic sales growth.

L3 Technologies' (LLL) Q1 Earnings Beat, 2019 Sales View Up

L3 Technologies (LLL) now expects to generate net sales of $10.90 billion in 2019, compared to earlier outlook of $10.75 billion

L3 Technologies (LLL) Q1 Earnings & Sales Top Estimates

L3 Technologies' (LLL) Communications and Network Systems sales are expected to bounce back to growth on account of growing customer demand, beginning in 2019.

What's in Store for L3 Technologies' (LLL) Q1 Earnings?

L-3 (LLL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for L3Harris Stock (LHX)