L3Harris Technologies Inc (LHX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 24.07% | 24.32% | 24.22% | 25.20% | 26.24% | 26.54% | 26.90% | 27.83% | 28.88% | 29.48% | 30.18% | 30.35% | 30.18% | 30.23% | 29.86% | 29.41% | 29.17% | 28.62% | 28.01% | 28.61% |
| 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% |
| Pretax margin | 7.49% | 5.61% | 5.57% | 5.65% | 6.29% | 8.99% | 5.32% | 6.37% | 7.46% | 7.89% | 13.29% | 13.21% | 12.82% | 10.72% | 10.21% | 8.98% | 7.27% | 8.40% | 7.99% | 9.08% |
| 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% |
L3Harris Technologies Inc's profitability ratios have shown fluctuations over the periods analyzed.
The gross profit margin has been on a downward trend from 28.61% in March 2020 to 24.07% in December 2024, with some minor fluctuations in between.
The operating profit margin has also decreased over time, dropping from 11.25% in March 2020 to 9.35% in December 2024. This indicates a decline in efficiency in generating profits from operations.
The pretax margin saw significant variability, with a peak of 13.29% in June 2022 but dropping to 5.57% in June 2024. This suggests fluctuations in earnings before taxes relative to total revenue.
Net profit margin, which reflects the company's bottom line profitability, displayed a similar trend to the pretax margin, with highs and lows over the periods analyzed. It decreased from 8.30% in March 2020 to 7.04% in December 2024.
Overall, L3Harris Technologies Inc needs to closely monitor its profitability margins to ensure sustainable financial performance in the future.
Return on investment
| 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 return on assets (Operating ROA) | 4.75% | 4.73% | 4.91% | 4.90% | 5.06% | 5.15% | 6.13% | 6.32% | 7.08% | 7.11% | 7.17% | 7.17% | 7.30% | 7.38% | 7.06% | 6.71% | 6.50% | 6.10% | 5.16% | 4.65% |
| Return on assets (ROA) | 3.58% | 2.88% | 2.86% | 2.81% | 2.94% | 3.51% | 2.27% | 2.60% | 3.17% | 3.39% | 5.60% | 5.38% | 5.32% | 4.44% | 4.16% | 3.74% | 3.03% | 3.55% | 3.49% | 3.43% |
| Return on total capital | 12.73% | 13.65% | 13.57% | 13.17% | 12.30% | 11.60% | 7.33% | 7.77% | 8.38% | 8.73% | 12.97% | 12.94% | 13.31% | 13.90% | 13.46% | 12.69% | 12.43% | 14.48% | 12.55% | 11.83% |
| Return on equity (ROE) | 7.70% | 6.35% | 6.32% | 6.28% | 6.54% | 7.98% | 4.35% | 5.05% | 5.73% | 6.16% | 10.01% | 9.62% | 9.61% | 7.98% | 7.55% | 6.73% | 5.40% | 6.19% | 5.98% | 5.97% |
L3Harris Technologies Inc's profitability ratios show a mixed performance over the analyzed periods. The Operating return on assets (Operating ROA) increased steadily from 4.65% as of March 31, 2020, to a peak of 7.38% as of September 30, 2021, before slightly declining to 4.75% by December 31, 2024. This metric indicates the company's efficiency in generating profits from its operational assets.
The Return on assets (ROA) displayed fluctuations, with a general uptrend from 3.43% as of March 31, 2020, to 5.60% by June 30, 2022. However, it dropped notably thereafter to 2.88% as of September 30, 2024. ROA represents the company's ability to generate profits from its total assets.
Return on total capital followed a similar trajectory to ROA, showing an increase up to 13.90% as of September 30, 2021, before declining to 12.73% by December 31, 2024. This ratio assesses the profitability of both debt and equity capital invested in the company.
Return on equity (ROE) also demonstrated fluctuations, ranging from 5.97% as of March 31, 2020, to a peak of 10.01% by June 30, 2022. However, ROE decreased afterward to 6.35% by September 30, 2024. ROE reflects the return that equity shareholders receive on their investment in the company.
Overall, L3Harris Technologies Inc's profitability ratios show varying trends, indicating changes in the company's operational efficiency and return on invested capital over the analyzed periods.