L3Harris Technologies Inc

NYSE LHX

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L3Harris Technologies Inc Free Cash Flow Margin 5 year CAGR for the year ending June 30, 2023: 2.30%

L3Harris Technologies Inc Free Cash Flow Margin 5 year CAGR is 2.30% for the year ending June 30, 2023, a -80.18% change year over year. The Free Cash Flow Margin measures the percentage of revenue that is converted into free cash flow. It indicates the company's ability to generate cash flow from its operations after accounting for capital expenditures. A higher margin suggests better cash flow generation and potential for reinvestment or distribution to shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • L3Harris Technologies Inc Free Cash Flow Margin for the year ending June 30, 2022 was 0.13, a -0.82% change year over year.
  • L3Harris Technologies Inc Free Cash Flow Margin for the year ending June 30, 2021 was 0.13, a 77.68% change year over year.
  • L3Harris Technologies Inc Free Cash Flow Margin for the year ending June 30, 2020 was 0.07, a -50.24% change year over year.
  • L3Harris Technologies Inc Free Cash Flow Margin for the year ending June 30, 2019 was 0.15.
NYSE: LHX

L3Harris Technologies Inc

CEO Mr. Christopher E. Kubasik CPA, CPA
IPO Date Dec. 31, 1981
Location United States
Headquarters 1025 West NASA Boulevard, Melbourne, FL, United States, 32919
Employees 50,000
Sector Industrials
Industry Aerospace & defense
Description

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors. Its Space and Airborne Systems segment offers space payloads, sensors, and full-mission solutions; classified intelligence and cyber; mission avionics; electronic warfare systems; and mission networks systems for air traffic management operations. The company's Communication Systems segment provides broadband communications; tactical radios, software, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; integrated vision solutions, including helmet-mounted integrated night vision goggles with leading-edge image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios, and system applications and equipment. Its Aerojet Rocketdyne segment provides propulsion technologies and armament systems for strategic defense, missile defense, hypersonic, and tactical systems; and space propulsion and power systems for national security, and space and exploration missions. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is based in Melbourne, Florida.

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StockViz Staff

September 20, 2024

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