TTM
11.5%
YoY change
+2.18pp
Trough year (1988)
-18.9%
Peak year (2020)
13.3%
Latest annual
12.3%
FCF Margin history chart for L3Harris Technologies (LHX) from 1988 to 2025
Latest: 12.3%
FCF Margin change chart for L3Harris Technologies (LHX) from 1988 to 2025
Latest: +2.18pp
FCF Margin history table for L3Harris Technologies (LHX) from 1988 to 2025
| 2025 | 12.3% | +2.18pp | ||
| 2024 | 10.1% | +1.61pp | ||
| 2023 | 8.5% | -2.69pp | ||
| 2022 | 11.2% | -1.99pp | ||
| 2021 | 13.2% | -0.15pp | ||
| 2020 | 13.3% | — | ||
| 2016 | 7.6% | — | ||
| 2005 | 5.4% | — | ||
| 1999 | -2.0% | — | ||
| 1995 | -0.9% | -3.93pp | ||
| 1994 | 3.1% | +1.93pp | ||
| 1993 | 1.1% | -1.18pp | ||
| 1992 | 2.3% | -2.77pp | ||
| 1991 | 5.1% | +3.33pp | ||
| 1990 | 1.8% | +2.14pp | ||
| 1989 | -0.4% | +18.54pp | ||
| 1988 | -18.9% | — |
- 202512.3%+2.18pp
- 202410.1%+1.61pp
- 20238.5%-2.69pp
- 202211.2%-1.99pp
- 202113.2%-0.15pp
- 202013.3%—
- 20167.6%—
- 20055.4%—
- 1999-2.0%—
- 1995-0.9%-3.93pp
- 19943.1%+1.93pp
- 19931.1%-1.18pp
- 19922.3%-2.77pp
- 19915.1%+3.33pp
- 19901.8%+2.14pp
- 1989-0.4%+18.54pp
- 1988-18.9%—
FCF Margin values are taken from L3Harris Technologies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About FCF Margin at L3Harris Technologies (LHX)
According to L3Harris Technologies's latest reported financial statements, the company's latest reported free cash flow margin is 11.5%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual free cash flow margin for L3Harris Technologies (LHX) came in at 12.27% – expanded 2.2 percentage points year-over-year.
The highest annual free cash flow margin of 13.31% was reported in 2020. The lowest in the available history was -18.91% in 1988.
L3Harris Technologies FCF Margin by Year
L3Harris Technologies FCF Margin 2025: 12.3%
2025's free cash flow margin for L3Harris Technologies came in at 12.27%, expanded 2.2 percentage points from 2024.
L3Harris Technologies FCF Margin 2024: 10.1%
L3Harris Technologies posted free cash flow margin of 10.09% in 2024, expanded 1.6 percentage points from 2023.
L3Harris Technologies FCF Margin 2023: 8.5%
In 2023, L3Harris Technologies reported free cash flow margin of 8.48%, contracted 2.7 percentage points from 2022.
L3Harris Technologies FCF Margin 2022: 11.2%
L3Harris Technologies free cash flow margin in 2022 was 11.17%, contracted 2.0 percentage points from 2021.
L3Harris Technologies FCF Margin 2021: 13.2%
L3Harris Technologies free cash flow margin in 2021 was 13.16%.
See more financial history for L3Harris Technologies (LHX).
Sector peers by FCF Margin
Industrials peers of L3Harris Technologies (LHX), ranked by their latest free cash flow margin
| 23.1% | |
| 16.5% | |
| 16.2% | |
| 15.4% | |
| 11.4% | |
| 9.2% | |
| 0.8% | |
| -1.1% |
- 23.1%
- 16.2%
- 15.4%
- 9.2%
- -1.1%
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