L3Harris Technologies Inc (LHX)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 2,529,000 | 2,652,000 | 2,529,000 | 2,415,000 | 2,272,000 | 1,871,000 | 1,834,000 | 1,755,000 | 1,764,000 | 2,124,000 | 1,314,000 | 1,423,000 | 1,552,000 | 1,600,000 | 2,504,000 | 2,559,000 | 2,551,000 | 2,211,000 | 2,142,000 | 1,899,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 19,635,000 | 19,532,000 | 19,278,000 | 19,131,000 | 19,514,000 | 18,998,000 | 18,840,000 | 18,666,000 | 18,765,000 | 18,616,000 | 18,428,000 | 18,306,000 | 18,523,000 | 18,337,000 | 19,086,000 | 19,260,000 | 19,213,000 | 19,484,000 | 19,863,000 | 20,367,000 |
| Return on total capital | 12.88% | 13.58% | 13.12% | 12.62% | 11.64% | 9.85% | 9.73% | 9.40% | 9.40% | 11.41% | 7.13% | 7.77% | 8.38% | 8.73% | 13.12% | 13.29% | 13.28% | 11.35% | 10.78% | 9.32% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $2,529,000K ÷ ($—K + $19,635,000K)
= 12.88%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
L3Harris Technologies Inc
LHX
12.88%
GE Aerospace
GE
58.06%
General Dynamics Corporation
GD
21.14%
Hexcel Corporation
HXL
7.63%
Lockheed Martin Corporation
LMT
104.75%
Northrop Grumman Corporation
NOC
34.38%
Raytheon Technologies Corp
RTX
16.24%
Textron Inc
TXT
14.03%
The Boeing Company
BA
99.12%
Transdigm Group Incorporated
TDG
—
Woodward Inc
WWD
22.10%