L3Harris Technologies Inc

Symbol: HRS.DE

XETRA

192.4

EUR

Market price today

  • 31.7015

    P/E Ratio

  • 0.3953

    PEG Ratio

  • 36.57B

    MRK Cap

  • 0.02%

    DIV Yield

L3Harris Technologies Inc (HRS-DE) Stock Price & Analysis

Shares Outstanding

190.09M

Gross Profit Margin

0.26%

Operating Profit Margin

0.12%

Net Profit Margin

0.06%

Return on Assets

0.03%

Return on Equity

0.07%

Return on Capital Employed

0.07%

Company general description and statistics

Sector: Industrials
Industry: Industrial - Capital Goods
CEO:Mr. William Brown
Full-time employees:50000
City:Melbourne Florida
Address:1025 W Nasa Blvd
IPO:2020-02-18
CIK:

L3Harris Technologies, Inc. is an agile global aerospace and defense technology innovator, which engages in the provision of defense and commercial technologies across air, land, sea, space and cyber domains. The company is headquartered in Melbourne Florida, Florida and currently employs 18,200 full-time employees. The company offers its products and services to government and commercial customer. The company operates in four segments: Communication Systems, which serves markets in tactical communications and defense, and public safety networks; Space and Intelligence Systems, which provides complete Earth observation, and intelligence solutions from advanced sensors and payloads, as well as ground processing and information analytics; Electronic Systems, which offers a portfolio of solutions in electronic warfare, wireless and technology, among others, and Critical Networks, which provides managed services supporting air traffic management, energy and maritime communications, and ground network operation and sustainment, as well as information technology (IT) and engineering services.

General Outlook

In simple terms, L3Harris Technologies Inc has 190.09 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.262% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.121%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of 0.063%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust 0.029% return, is a testament to L3Harris Technologies Inc's adeptness in optimizing resource deployment. L3Harris Technologies Inc's utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of 0.066%. Furthermore, the proficiency of L3Harris Technologies Inc in capital utilization is underscored by a remarkable 0.070% return on capital employed.

Stock Prices

L3Harris Technologies Inc's stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $197.5, while its low point bottomed out at $193.4. This variance in figures offers investors a lucid insight into the roller-coaster ride that is L3Harris Technologies Inc's stock market.

Liquidity Ratios

Analyzing HRS.DE liquidity ratios reveals its financial health of the firm. The current ratio of 100.64% gauges short-term asset coverage for liabilities. The quick ratio (62.29%) assesses immediate liquidity, while the cash ratio (7.00%) indicates cash reserves.

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Current Ratio100.64%
Quick Ratio62.29%
Cash Ratio7.00%

Profitability Ratios

HRS.DE profitability indicators offer a lens into its earnings landscape. A pretax profit margin of 6.29% underscores its earnings before tax deductions. The effective tax rate stands at 1.88%, revealing its tax efficiency. The net income per EBT, 100.49%, and the EBT per EBIT, 52.07%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of 12.08%, we grasp its operational profitability.

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Pretax Profit Margin6.29%
Effective Tax Rate1.88%
Net Income per EBT100.49%
EBT per EBIT52.07%
EBIT per Revenue12.08%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 1.01, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations.

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Days of Sales Outstanding62
Days of Inventory Outstanding38
Operating Cycle120.70
Days of Payables Outstanding54
Cash Conversion Cycle67
Receivables Turnover4.39
Payables Turnover6.80
Inventory Turnover9.73
Fixed Asset Turnover6.79
Asset Turnover0.47

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, 11.04, and free cash flow per share, 8.67, depict cash generation on a per-share basis. The cash per share value, 2.95, showcases liquidity position. A payout ratio of 0.71 highlights the portion of earnings distributed as dividends. Lastly, the operating cash flow sales ratio, 0.11, offers insight into cash flow relative to sales.

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Operating Cash Flow per Share11.04
Free Cash Flow per Share8.67
Cash per Share2.95
Payout Ratio0.71
Operating Cash Flow Sales Ratio0.11
Free Cash Flow to Operating Cash Flow Ratio0.79
Cash Flow Coverage Ratio0.16
Short Term Coverage Ratio1.07
Capital Expenditure Coverage Ratio4.67
Dividend Paid and Capex Coverage Ratio1.59
Dividend Payout Ratio0.02

Debt and Leverage Ratios

Diving into debt and leverage metrics unveils the company's financial structure. The debt ratio, at 31.48%, highlights its total liabilities relative to assets. With a debt-equity ratio of 0.70, we discern the balance between debt and equity financing. The long-term debt to capitalization, 37.29%, and total debt to capitalization, 41.16%, ratios shed light on its capital structure. An interest coverage of 4.32 indicates its ability to manage interest expenses.

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Debt Ratio31.48%
Debt Equity Ratio0.70
Long Term Debt to Capitalization37.29%
Total Debt to Capitalization41.16%
Interest Coverage4.32
Cash Flow to Debt Ratio0.16
Company Equity Multiplier2.22

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 102.42, provides a glimpse into top-line earnings distributed across each share. Net income per share, 6.47, reflects the portion of profit attributed to each share. The book value per share, 98.97, represents the net asset value distributed per share, while the tangible book value per share, -51.11, excludes intangible assets.

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Revenue Per Share102.42
Net Income Per Share6.47
Book Value Per Share98.97
Tangible Book Value Per Share-51.11
Shareholders Equity Per Share98.97
Interest Debt Per Share72.09
Capex Per Share-2.37

Growth Ratios

Delving into growth metrics provides a snapshot of financial expansion. The revenue growth rate, 13.81%, indicates top-line expansion, while the gross profit growth, 3.78%, reveals profitability trends. EBIT growth, -39.88%, and operating income growth, -39.88%, offer insights into operational profitability progression. The net income growth, 15.54%, showcases bottom-line expansion, and the EPS growth, -28.11%, measures the growth in earnings per share.

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Revenue Growth13.81%
Gross Profit Growth3.78%
EBIT Growth-39.88%
Operating Income Growth-39.88%
Net Income Growth15.54%
EPS Growth-28.11%
EPS Diluted Growth-28.44%
Weighted Average Shares Growth60.68%
Weighted Average Shares Diluted Growth61.53%
Dividends per Share Growth-37.48%
Operating Cash Flow Growth-2.87%
Free Cash Flow Growth-13.59%
10-Year Revenue Growth per Share116.82%
5-Year Revenue Growth per Share77.70%
3-Year Revenue Growth per Share20.47%
10-Year Operating CF Growth per Share38.12%
5-Year Operating CF Growth per Share10.08%
3-Year Operating CF Growth per Share-15.21%
10-Year Net Income Growth per Share28.39%
5-Year Net Income Growth per Share-19.53%
3-Year Net Income Growth per Share23.76%
10-Year Shareholders Equity Growth per Share475.26%
5-Year Shareholders Equity Growth per Share247.27%
3-Year Shareholders Equity Growth per Share1.63%
10-Year Dividend per Share Growth per Share169.40%
5-Year Dividend per Share Growth per Share66.22%
3-Year Dividend per Share Growth per Share35.13%
Receivables Growth3.46%
Inventory Growth14.02%
Asset Growth24.35%
Book Value per Share Growth-36.95%
Debt Growth68.57%
R&D Expense Growth-20.40%
SGA Expenses Growth-35.92%

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 52,690,169,344, captures the company's total value, considering both debt and equity. Income quality, 1.75, assesses the reliability of reported earnings. The sales, general, and administrative to revenue ratio, 0.08, gauges operational efficiency, while the research and development to revenue, 2.47%, highlights investment in innovation. The ratio of intangibles to total assets, 68.41%, indicates the value of non-physical assets, and capex to operating cash flow, -21.42%, measures reinvestment capability.

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Enterprise Value52,690,169,344
Income Quality1.75
Sales General and Administrative to Revenue0.08
Research and Development to Revenue2.47%
Intangibles to Total Assets68.41%
Capex to Operating Cash Flow-21.42%
Capex to Revenue-2.31%
Capex to Depreciation-38.51%
Stock-Based Compensation to Revenue1.65%
Graham Number120.05
Return on Tangible Assets9.32%
Graham Net Net-96.22
Working Capital51,000,000
Tangible Asset Value-9,690,000,000
Net Current Asset Value-14,803,000,000
Invested Capital1
Average Receivables4,352,000,000
Average Payables2,025,500,000
Average Inventory1,381,500,000
Days Sales Outstanding83
Days Payables Outstanding54
Days of Inventory On Hand38
ROIC4.39%
ROE0.07%

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 2.07, and the price to book ratio, 2.07, reflect the market's valuation relative to the company's book value. The price to sales ratio, 2.01, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, 23.64, and price to operating cash flows, 18.56, gauge market valuation against cash flow metrics.

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Price Book Value Ratio2.07
Price to Book Ratio2.07
Price to Sales Ratio2.01
Price Cash Flow Ratio18.56
Price Earnings to Growth Ratio0.40
Enterprise Value Multiple7.51
Price Fair Value2.07
Price to Operating Cash Flow Ratio18.56
Price to Free Cash Flows Ratio23.64
Price to Tangible Book Ratio2.14
Enterprise Value to Sales2.71
Enterprise Value Over EBITDA14.93
EV to Operating Cash Flow25.14
Earnings Yield3.06%
Free Cash Flow Yield4.10%
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Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of L3Harris Technologies Inc (HRS.DE) on the XETRA in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is 31.702 in 2024.

What is the ticker symbol of L3Harris Technologies Inc stock?

The ticker symbol of L3Harris Technologies Inc stock is HRS.DE.

What is company IPO date?

IPO date of L3Harris Technologies Inc is 2020-02-18.

What is company current share price?

Current share price is 192.400 EUR.

What is stock market cap today?

The market cap of stock today is 36573316000.000.

What is PEG ratio in 2024?

The current 0.395 is 0.395 in 2024.

What is the number of employees in 2024?

In 2024 the company has 50000.