L3Harris Technologies Inc (LHX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,502,000 | 1,207,000 | 1,190,000 | 1,173,000 | 1,227,000 | 1,485,000 | 802,000 | 924,000 | 1,062,000 | 1,130,000 | 1,911,000 | 1,853,000 | 1,846,000 | 1,555,000 | 1,500,000 | 1,370,000 | 1,119,000 | 1,319,000 | 1,322,000 | 1,307,000 |
| Revenue (ttm) | US$ in thousands | 21,325,000 | 21,142,000 | 20,765,000 | 20,159,000 | 19,419,000 | 18,657,000 | 17,988,000 | 17,430,000 | 17,062,000 | 16,834,000 | 16,817,000 | 17,350,000 | 17,814,000 | 18,124,000 | 18,358,000 | 18,135,000 | 18,194,000 | 18,366,000 | 18,334,000 | 15,754,000 |
| Net profit margin | 7.04% | 5.71% | 5.73% | 5.82% | 6.32% | 7.96% | 4.46% | 5.30% | 6.22% | 6.71% | 11.36% | 10.68% | 10.36% | 8.58% | 8.17% | 7.55% | 6.15% | 7.18% | 7.21% | 8.30% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,502,000K ÷ $21,325,000K
= 7.04%
Based on the provided data, L3Harris Technologies Inc's net profit margin has fluctuated over the quarters within the observed period. The net profit margin measures the percentage of revenue that translates into net income after all expenses have been deducted.
L3Harris saw a gradual decrease in net profit margin from March 2023 (5.30%) to June 2024 (5.73%), with minor fluctuations during this period. Subsequently, there was a slight uptick in the net profit margin to 7.04% by December 2024, following a downward trend.
Overall, the net profit margin of the company has shown some variability but has remained in a range between 4.46% to 11.36% during the analyzed period. This suggests that L3Harris Technologies Inc has experienced changes in profitability levels over time, which could be influenced by various factors impacting its financial performance.
Peer comparison
Dec 31, 2024