L3Harris Technologies Inc (LHX)

Operating 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
Operating income (ttm)	US$ in thousands	1,993,000	1,981,000	2,045,000	2,051,000	2,108,000	2,176,000	2,168,000	2,243,000	2,372,000	2,374,000	2,449,000	2,469,000	2,535,000	2,583,000	2,547,000	2,455,000	2,401,000	2,264,000	1,952,000	1,773,000
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
Operating profit margin		9.35%	9.37%	9.85%	10.17%	10.86%	11.66%	12.05%	12.87%	13.90%	14.10%	14.56%	14.23%	14.23%	14.25%	13.87%	13.54%	13.20%	12.33%	10.65%	11.25%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,993,000K ÷ $21,325,000K
= 9.35%

L3Harris Technologies Inc's operating profit margin has shown varying trends over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 11.25% in March 2020, gradually increasing to 14.56% by June 30, 2022, indicating an improvement in operational efficiency and profitability.

However, from September 30, 2022, to December 31, 2024, the operating profit margin began to decline steadily, dropping to 9.35% by the end of December 2024. This downward trend suggests potential challenges in managing costs, generating revenues, or both, impacting the company's profitability.

Overall, L3Harris Technologies Inc's operating profit margin fluctuated over the period, highlighting the need for continuous monitoring and management to ensure sustainable profitability in the future.