TTM
25.3%
YoY change
−0.18pp
Trough year (2003)
25.0%
Peak year (1989)
41.3%
Latest annual
25.7%
Gross Margin history chart for L3Harris Technologies (LHX) from 1985 to 2025
Latest: 25.7%
Gross Margin change chart for L3Harris Technologies (LHX) from 1985 to 2025
Latest: −0.18pp
Gross Margin history table for L3Harris Technologies (LHX) from 1985 to 2025
| 2025 | 25.7% | -0.18pp | ||
| 2024 | 25.9% | -0.43pp | ||
| 2023 | 26.3% | -2.55pp | ||
| 2022 | 28.9% | -1.30pp | ||
| 2021 | 30.2% | +1.00pp | ||
| 2020 | 29.2% | — | ||
| 2018 | 34.3% | +0.24pp | ||
| 2017 | 34.1% | -0.57pp | ||
| 2016 | 34.6% | -1.40pp | ||
| 2015 | 36.0% | -2.95pp | ||
| 2014 | 39.0% | +5.04pp | ||
| 2013 | 34.0% | +0.18pp | ||
| 2012 | 33.8% | -0.74pp | ||
| 2011 | 34.5% | -0.28pp | ||
| 2010 | 34.8% | -0.58pp | ||
| 2009 | 35.4% | +3.72pp | ||
| 2008 | 31.7% | +0.10pp | ||
| 2007 | 31.6% | -0.77pp | ||
| 2006 | 32.3% | +0.99pp | ||
| 2005 | 31.3% | +3.89pp | ||
| 2004 | 27.5% | +2.43pp | ||
| 2003 | 25.0% | -0.08pp | ||
| 2002 | 25.1% | -1.17pp | ||
| 2001 | 26.3% | -0.52pp | ||
| 2000 | 26.8% | -1.58pp | ||
| 1999 | 28.4% | -1.95pp | ||
| 1998 | 30.3% | +2.10pp | ||
| 1997 | 28.2% | -0.04pp | ||
| 1996 | 28.3% | -10.05pp | ||
| 1995 | 38.3% | +1.12pp | ||
| 1994 | 37.2% | +0.78pp | ||
| 1993 | 36.4% | -1.11pp | ||
| 1992 | 37.5% | -0.35pp | ||
| 1991 | 37.9% | -0.73pp | ||
| 1990 | 38.6% | -2.71pp | ||
| 1989 | 41.3% | +3.14pp | ||
| 1988 | 38.2% | -1.39pp | ||
| 1987 | 39.6% | -1.59pp | ||
| 1986 | 41.2% | +2.24pp | ||
| 1985 | 38.9% | — |
- 202525.7%-0.18pp
- 202425.9%-0.43pp
- 202326.3%-2.55pp
- 202228.9%-1.30pp
- 202130.2%+1.00pp
- 202029.2%—
- 201834.3%+0.24pp
- 201734.1%-0.57pp
- 201634.6%-1.40pp
- 201536.0%-2.95pp
- 201439.0%+5.04pp
- 201334.0%+0.18pp
- 201233.8%-0.74pp
- 201134.5%-0.28pp
- 201034.8%-0.58pp
- 200935.4%+3.72pp
- 200831.7%+0.10pp
- 200731.6%-0.77pp
- 200632.3%+0.99pp
- 200531.3%+3.89pp
- 200427.5%+2.43pp
- 200325.0%-0.08pp
- 200225.1%-1.17pp
- 200126.3%-0.52pp
- 200026.8%-1.58pp
- 199928.4%-1.95pp
- 199830.3%+2.10pp
- 199728.2%-0.04pp
- 199628.3%-10.05pp
- 199538.3%+1.12pp
- 199437.2%+0.78pp
- 199336.4%-1.11pp
- 199237.5%-0.35pp
- 199137.9%-0.73pp
- 199038.6%-2.71pp
- 198941.3%+3.14pp
- 198838.2%-1.39pp
- 198739.6%-1.59pp
- 198641.2%+2.24pp
- 198538.9%—
Gross 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 Gross Margin at L3Harris Technologies (LHX)
According to L3Harris Technologies's latest reported financial statements, the company's latest reported gross margin is 25.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for L3Harris Technologies (LHX) came in at 25.73% – contracted 0.2 percentage points year-over-year.
The record annual gross margin stands at 41.32%, reached in 1989; the historical low of 25.03% was recorded in 2003.
L3Harris Technologies Gross Margin by Year
L3Harris Technologies Gross Margin 2025: 25.7%
L3Harris Technologies gross margin in 2025 was 25.73%, contracted 0.2 percentage points from 2024.
L3Harris Technologies Gross Margin 2024: 25.9%
2024's gross margin for L3Harris Technologies came in at 25.90%, contracted 0.4 percentage points from 2023.
L3Harris Technologies Gross Margin 2023: 26.3%
L3Harris Technologies posted gross margin of 26.33% in 2023, contracted 2.5 percentage points from 2022.
L3Harris Technologies Gross Margin 2022: 28.9%
In 2022, L3Harris Technologies reported gross margin of 28.88%, contracted 1.3 percentage points from 2021.
L3Harris Technologies Gross Margin 2021: 30.2%
L3Harris Technologies gross margin in 2021 was 30.18%.
See more financial history for L3Harris Technologies (LHX).
Sector peers by Gross Margin
Industrials peers of L3Harris Technologies (LHX), ranked by their latest gross margin
| 45.7% | |
| 36.9% | |
| 36.9% | |
| 35.1% | |
| 34.8% | |
| 32.5% | |
| 20.2% | |
| 4.8% |
- 45.7%
- 35.1%
- 34.8%
- 32.5%
- 20.2%
- 4.8%
Frequently asked questions
L3Harris Technologies (LHX) Key Financials
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