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L3Harris Technologies, Inc (1LHX) Fair Value & Analysis

Industrials · IT · Market cap €47.5B

LT L3Harris Technologies, Inc 1LHX · MI
Price€258.30
Fair Value€146.55
Upside-43.3%
Quality63/100
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Evidence: High Range €96.11 – €191.31

Fair value as of: Jul 3, 2026

From 26 valuation models · updated today

Price vs Fair Value (12 months)

€313.02 €205.60 Fair Value €146.55 Jun 2025 Jul 2026

12‑month range €205.60 – €313.02 · fair‑value band €96.11 – €191.31 · the €258.30 price screens above the €146.55 fair value. As of Jul 3, 2026.

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Analysis

L3Harris Technologies, Inc (1LHX) currently trades at €258.30, while our model-based Fair Value estimate is €146.55 — implying the stock looks roughly 43.3% overvalued today. We read business quality at 63/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, L3Harris Technologies, Inc generated revenue of €12.9B at a net margin of 10.4%. Revenue grew 190.0% year over year. It earns a return on equity of 8.2%. Net debt stands at €10.0B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) €12.9B
Revenue growth (YoY) +190%
Net margin 10.4%
Return on equity 8.2%
Free cash flow €2.7B FY2025
P/E ratio 31.5
More key figures
Operating margin 9.7%
EPS (TTM) €8.10
Dividend yield 1.1%
EPS growth (YoY) -6.1%
Net debt €10.0B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, such as helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios and system applications and …

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

L3Harris Technologies, Inc reported revenue of €21.9B in FY2025 versus €17.1B in FY2022, a compound +8.6%/yr. Reported net income was €1.6B in FY2025, compounding +14.8%/yr from FY2022.

Revenue +8.6%/yr
FY22 €17.1B
FY23 €19.4B
FY24 €21.3B
FY25 €21.9B
Net income +14.8%/yr
FY22 €1.1B
FY23 €1.2B
FY24 €1.5B
FY25 €1.6B

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Frequently asked questions

Is L3Harris Technologies, Inc (1LHX) undervalued?
As of Jul 3, 2026, our model estimates a fair value of €146.55 versus a price of €258.30 — about −43% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1LHX?
Our model-based fair value for L3Harris Technologies, Inc is €146.55 (as of Jul 3, 2026), built from audited fundamentals. The current price is €258.30.
What is the quality score of 1LHX?
L3Harris Technologies, Inc has a Quality Score of 63/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of L3Harris Technologies, Inc (1LHX)?
L3Harris Technologies, Inc reported trailing-twelve-month revenue of about €12.9B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1LHX?
The net profit margin of L3Harris Technologies, Inc is about 10.4%, meaning it keeps roughly 10.4% of revenue as net income. Based on the latest reported figures.
Does L3Harris Technologies, Inc pay a dividend?
L3Harris Technologies, Inc currently shows a dividend yield of about 1.11% relative to its recent price (as of Jul 3, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.