L3Harris Operating Income from 2010 to 2024

LHX Stock  USD 239.86  2.96  1.22%   
L3Harris Technologies Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income is likely to outpace its year average in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit L3Harris Technologies generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-06-30
Previous Quarter
511 M
Current Value
495 M
Quarterly Volatility
332.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check L3Harris Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among L3Harris Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 570.1 M or Total Revenue of 20.4 B, as well as many indicators such as Price To Sales Ratio of 2.53, Dividend Yield of 0.0238 or PTB Ratio of 1.84. L3Harris financial statements analysis is a perfect complement when working with L3Harris Technologies Valuation or Volatility modules.
  
Check out the analysis of L3Harris Technologies Correlation against competitors.
For more information on how to buy L3Harris Stock please use our How to Invest in L3Harris Technologies guide.

Latest L3Harris Technologies' Operating Income Growth Pattern

Below is the plot of the Operating Income of L3Harris Technologies over the last few years. Operating Income is the amount of profit realized from L3Harris Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of L3Harris Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. L3Harris Technologies' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in L3Harris Technologies' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

L3Harris Operating Income Regression Statistics

Arithmetic Mean1,340,360,000
Geometric Mean1,061,537,302
Coefficient Of Variation55.09
Mean Deviation596,285,333
Median1,059,000,000
Standard Deviation738,414,976
Sample Variance545256.7T
Range2.5B
R-Value0.75
Mean Square Error259710.9T
R-Squared0.56
Significance0
Slope123,307,857
Total Sum of Squares7633593.5T

L3Harris Operating Income History

20241.5 B
20231.4 B
20222.4 B
20212.6 B
20202.4 B
20192.3 B
20181.1 B

Other Fundumenentals of L3Harris Technologies

L3Harris Technologies Operating Income component correlations

0.980.910.910.920.970.990.620.990.960.841.00.97-0.750.860.870.20.860.520.640.810.780.450.84
0.980.810.880.90.890.950.480.980.920.870.980.92-0.680.770.830.260.790.460.520.790.790.540.82
0.910.810.890.850.980.920.860.890.920.630.880.95-0.70.890.83-0.010.890.590.860.750.640.140.76
0.910.880.890.820.910.940.690.890.970.750.90.95-0.660.870.890.060.930.620.680.850.740.370.87
0.920.90.850.820.890.90.540.940.840.730.910.89-0.610.750.790.270.760.530.560.740.710.440.76
0.970.890.980.910.890.970.750.950.950.750.950.97-0.780.910.870.110.890.570.760.790.730.30.81
0.990.950.920.940.90.970.670.980.970.810.970.99-0.70.880.90.180.90.60.670.850.80.410.87
0.620.480.860.690.540.750.670.60.710.260.580.75-0.410.660.61-0.220.720.530.990.530.38-0.270.52
0.990.980.890.890.940.950.980.60.930.830.990.96-0.70.810.850.240.820.510.620.790.780.450.82
0.960.920.920.970.840.950.970.710.930.750.950.98-0.730.910.930.070.960.630.70.880.780.390.9
0.840.870.630.750.730.750.810.260.830.750.860.73-0.680.640.650.280.60.360.280.680.70.590.64
1.00.980.880.90.910.950.970.580.990.950.860.95-0.770.850.860.210.840.480.60.80.770.480.83
0.970.920.950.950.890.970.990.750.960.980.730.95-0.680.880.90.090.920.630.750.850.770.320.86
-0.75-0.68-0.7-0.66-0.61-0.78-0.7-0.41-0.7-0.73-0.68-0.77-0.68-0.87-0.74-0.22-0.73-0.37-0.39-0.69-0.65-0.52-0.7
0.860.770.890.870.750.910.880.660.810.910.640.850.88-0.870.940.190.950.650.610.880.790.440.9
0.870.830.830.890.790.870.90.610.850.930.650.860.9-0.740.940.340.960.740.560.970.910.570.99
0.20.26-0.010.060.270.110.18-0.220.240.070.280.210.09-0.220.190.340.070.18-0.280.340.550.720.39
0.860.790.890.930.760.890.90.720.820.960.60.840.92-0.730.950.960.070.740.680.920.80.380.93
0.520.460.590.620.530.570.60.530.510.630.360.480.63-0.370.650.740.180.740.460.830.770.250.72
0.640.520.860.680.560.760.670.990.620.70.280.60.75-0.390.610.56-0.280.680.460.470.32-0.310.46
0.810.790.750.850.740.790.850.530.790.880.680.80.85-0.690.880.970.340.920.830.470.950.60.97
0.780.790.640.740.710.730.80.380.780.780.70.770.77-0.650.790.910.550.80.770.320.950.70.93
0.450.540.140.370.440.30.41-0.270.450.390.590.480.32-0.520.440.570.720.380.25-0.310.60.70.64
0.840.820.760.870.760.810.870.520.820.90.640.830.86-0.70.90.990.390.930.720.460.970.930.64
Click cells to compare fundamentals

About L3Harris Technologies Financial Statements

L3Harris Technologies investors use historical fundamental indicators, such as L3Harris Technologies' Operating Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in L3Harris Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income1.4 B1.5 B
Non Operating Income Net Other420.9 M441.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.