L3Harris (LHX) valuation
L3Harris P/E ratio history
L3Harris trades at 25.9 times its earnings over the last twelve months and 20.8 times the earnings analysts expect over the next twelve. At its last 6 fiscal year ends its P/E ranged from 23.5 (year to Dec 2021) to 37.9 (year to Dec 2022), with a median of 34.2.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Jan 2, 2026 | $304.48 | $8.53 | 35.7 | 25.4 |
| Jan 3, 2025 | $209.75 | $7.87 | 26.7 | 15.0 |
| Dec 29, 2023 | $210.62 | $6.44 | 32.7 | 16.2 |
| Dec 30, 2022 | $208.21 | $5.49 | 37.9 | — |
| Dec 31, 2021 | $213.24 | $9.09 | 23.5 | — |
| Jan 1, 2021 | $189.02 | $5.19 | 36.4 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
L3Harris valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| L3HarrisLHX | $51.7B | 25.9 | 20.8 | 2.2 |
| TransDigm GroupTDG | $64.1B | 34.8 | 24.5 | 6.4 |
| Axon EnterpriseAXON | $34.5B | 178.2 | 47.2 | 10.7 |
| Northrop GrummanNOC | $79.2B | 17.6 | 18.6 | 1.8 |
| Howmet AerospaceHWM | $79.4B | 39.0 | 31.6 | 8.2 |
| Rocket Lab USARKLB | $31.7B | — | — | 41.2 |
| General DynamicsGD | $101B | 22.7 | 20.9 | 1.8 |
| BoeingBA | $136B | 17.8 | 116.7 | 1.4 |
| Lockheed MartinLMT | $147B | 22.6 | 19.5 | 1.9 |
| Peer median | 22.7 | 24.5 | 4.1 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: LHX financials · LHX returns
No forecast, no recommendation. This page describes L3Harris from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.