L3harris Technologies Stock Net Income
| LHX Stock | USD 246.25 0.92 0.38% |
L3Harris Technologies fundamentals help investors to digest information that contributes to L3Harris Technologies' financial success or failures. It also enables traders to predict the movement of L3Harris Stock. The fundamental analysis module provides a way to measure L3Harris Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to L3Harris Technologies stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.2 B | 1.3 B | |
| Net Income From Continuing Ops | 1.2 B | 855.4 M | |
| Net Income Applicable To Common Shares | 2.1 B | 2.2 B | |
| Net Income Per Share | 9.17 | 9.63 | |
| Net Income Per E B T | 0.81 | 0.79 |
L3Harris | Net Income |
L3Harris Technologies Company Net Income Analysis
L3Harris Technologies' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current L3Harris Technologies Net Income | 1.23 B |
Most of L3Harris Technologies' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, L3Harris Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
L3Harris Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for L3Harris Technologies is extremely important. It helps to project a fair market value of L3Harris Stock properly, considering its historical fundamentals such as Net Income. Since L3Harris Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of L3Harris Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of L3Harris Technologies' interrelated accounts and indicators.
L3Harris Net Income Historical Pattern
Today, most investors in L3Harris Technologies Stock are looking for potential investment opportunities by analyzing not only static indicators but also various L3Harris Technologies' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of L3Harris Technologies net income as a starting point in their analysis.
L3Harris Technologies Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
L3Harris Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, L3Harris Technologies reported net income of 1.23 B. This is 372.93% higher than that of the Aerospace & Defense sector and 10.82% higher than that of the Industrials industry. The net income for all United States stocks is 114.89% lower than that of the firm.
L3Harris Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses L3Harris Technologies' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of L3Harris Technologies could also be used in its relative valuation, which is a method of valuing L3Harris Technologies by comparing valuation metrics of similar companies.L3Harris Technologies is currently under evaluation in net income category among its peers.
L3Harris Technologies ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, L3Harris Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to L3Harris Technologies' managers, analysts, and investors.Environmental | Governance | Social |
L3Harris Technologies Institutional Holders
Institutional Holdings refers to the ownership stake in L3Harris Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of L3Harris Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing L3Harris Technologies' value.| Shares | Fmr Inc | 2024-09-30 | 2 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 2 M | Hhg Plc | 2024-06-30 | 2 M | Ameriprise Financial Inc | 2024-06-30 | 1.8 M | Bank Of America Corp | 2024-06-30 | 1.7 M | Massachusetts Financial Services Company | 2024-09-30 | 1.5 M | Amvescap Plc. | 2024-06-30 | 1.5 M | Northern Trust Corp | 2024-09-30 | 1.5 M | Diamond Hill Capital Management Inc | 2024-09-30 | 1.5 M | Vanguard Group Inc | 2024-09-30 | 22.9 M | Blackrock Inc | 2024-06-30 | 17.4 M |
L3Harris Fundamentals
| Return On Equity | 0.0626 | ||||
| Return On Asset | 0.0355 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 58.9 B | ||||
| Shares Outstanding | 189.67 M | ||||
| Shares Owned By Insiders | 0.32 % | ||||
| Shares Owned By Institutions | 85.93 % | ||||
| Number Of Shares Shorted | 1.9 M | ||||
| Price To Earning | 39.56 X | ||||
| Price To Book | 2.45 X | ||||
| Price To Sales | 2.20 X | ||||
| Revenue | 19.42 B | ||||
| Gross Profit | 4.93 B | ||||
| EBITDA | 2.93 B | ||||
| Net Income | 1.23 B | ||||
| Cash And Equivalents | 941 M | ||||
| Cash Per Share | 2.78 X | ||||
| Total Debt | 13.95 B | ||||
| Debt To Equity | 0.42 % | ||||
| Current Ratio | 1.10 X | ||||
| Book Value Per Share | 100.23 X | ||||
| Cash Flow From Operations | 2.1 B | ||||
| Short Ratio | 2.25 X | ||||
| Earnings Per Share | 6.33 X | ||||
| Price To Earnings To Growth | 0.94 X | ||||
| Target Price | 279.14 | ||||
| Number Of Employees | 50 K | ||||
| Beta | 0.73 | ||||
| Market Capitalization | 46.53 B | ||||
| Total Asset | 41.69 B | ||||
| Retained Earnings | 3.22 B | ||||
| Working Capital | 51 M | ||||
| Current Asset | 2.33 B | ||||
| Current Liabilities | 1.46 B | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.65 % | ||||
| Net Asset | 41.69 B | ||||
| Last Dividend Paid | 4.62 |
About L3Harris Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze L3Harris Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of L3Harris Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of L3Harris Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.