TTM
9.9%
YoY change
+0.38pp
Trough year (2020)
0.0%
Peak year (2009)
20.1%
Latest annual
9.8%
Operating Margin history chart for L3Harris Technologies (LHX) from 1985 to 2025
Latest: 9.8%
Operating Margin change chart for L3Harris Technologies (LHX) from 1985 to 2025
Latest: +0.38pp
Operating Margin history table for L3Harris Technologies (LHX) from 1985 to 2025
| 2025 | 9.8% | +0.38pp | ||
| 2024 | 9.4% | +0.18pp | ||
| 2023 | 9.3% | -2.04pp | ||
| 2022 | 11.3% | -0.53pp | ||
| 2021 | 11.8% | +11.84pp | ||
| 2020 | 0.0% | — | ||
| 2018 | 16.1% | -2.13pp | ||
| 2017 | 18.2% | +3.05pp | ||
| 2016 | 15.1% | -2.46pp | ||
| 2015 | 17.6% | +1.34pp | ||
| 2014 | 16.3% | -1.33pp | ||
| 2013 | 17.6% | +1.69pp | ||
| 2012 | 15.9% | -1.36pp | ||
| 2011 | 17.3% | -1.10pp | ||
| 2010 | 18.4% | -1.72pp | ||
| 2009 | 20.1% | +4.23pp | ||
| 2008 | 15.9% | +0.54pp | ||
| 2007 | 15.3% | +2.56pp | ||
| 2006 | 12.8% | +1.05pp | ||
| 2005 | 11.7% | +1.00pp | ||
| 2004 | 10.7% | +2.39pp | ||
| 2003 | 8.3% | +3.30pp | ||
| 2002 | 5.0% | -0.66pp | ||
| 2001 | 5.7% | -2.89pp | ||
| 2000 | 8.6% | +6.95pp | ||
| 1999 | 1.6% | -3.03pp | ||
| 1998 | 4.6% | +1.49pp | ||
| 1997 | 3.1% | -1.37pp | ||
| 1996 | 4.5% | -3.90pp | ||
| 1995 | 8.4% | +0.29pp | ||
| 1994 | 8.1% | +1.21pp | ||
| 1993 | 6.9% | +1.02pp | ||
| 1992 | 5.9% | +0.92pp | ||
| 1991 | 5.0% | +3.91pp | ||
| 1990 | 1.1% | -6.04pp | ||
| 1989 | 7.1% | -0.34pp | ||
| 1988 | 7.4% | +3.30pp | ||
| 1987 | 4.1% | -0.93pp | ||
| 1986 | 5.1% | +1.77pp | ||
| 1985 | 3.3% | — |
- 20259.8%+0.38pp
- 20249.4%+0.18pp
- 20239.3%-2.04pp
- 202211.3%-0.53pp
- 202111.8%+11.84pp
- 20200.0%—
- 201816.1%-2.13pp
- 201718.2%+3.05pp
- 201615.1%-2.46pp
- 201517.6%+1.34pp
- 201416.3%-1.33pp
- 201317.6%+1.69pp
- 201215.9%-1.36pp
- 201117.3%-1.10pp
- 201018.4%-1.72pp
- 200920.1%+4.23pp
- 200815.9%+0.54pp
- 200715.3%+2.56pp
- 200612.8%+1.05pp
- 200511.7%+1.00pp
- 200410.7%+2.39pp
- 20038.3%+3.30pp
- 20025.0%-0.66pp
- 20015.7%-2.89pp
- 20008.6%+6.95pp
- 19991.6%-3.03pp
- 19984.6%+1.49pp
- 19973.1%-1.37pp
- 19964.5%-3.90pp
- 19958.4%+0.29pp
- 19948.1%+1.21pp
- 19936.9%+1.02pp
- 19925.9%+0.92pp
- 19915.0%+3.91pp
- 19901.1%-6.04pp
- 19897.1%-0.34pp
- 19887.4%+3.30pp
- 19874.1%-0.93pp
- 19865.1%+1.77pp
- 19853.3%—
Operating 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 Operating Margin at L3Harris Technologies (LHX)
According to L3Harris Technologies's latest reported financial statements, the company's latest reported operating margin is 9.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, L3Harris Technologies (LHX) reported operating margin of 9.83% – expanded 0.4 percentage points year-over-year.
The record annual operating margin stands at 20.08%, reached in 2009; the historical low of 0.00% was recorded in 2020.
L3Harris Technologies Operating Margin by Year
L3Harris Technologies Operating Margin 2025: 9.8%
2025's operating margin for L3Harris Technologies came in at 9.83%, expanded 0.4 percentage points from 2024.
L3Harris Technologies Operating Margin 2024: 9.4%
L3Harris Technologies posted operating margin of 9.45% in 2024, expanded 0.2 percentage points from 2023.
L3Harris Technologies Operating Margin 2023: 9.3%
In 2023, L3Harris Technologies reported operating margin of 9.27%, contracted 2.0 percentage points from 2022.
L3Harris Technologies Operating Margin 2022: 11.3%
L3Harris Technologies operating margin in 2022 was 11.31%, contracted 0.5 percentage points from 2021.
L3Harris Technologies Operating Margin 2021: 11.8%
L3Harris Technologies operating margin in 2021 was 11.84%.
See more financial history for L3Harris Technologies (LHX).
Sector peers by Operating Margin
Industrials peers of L3Harris Technologies (LHX), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
Frequently asked questions
L3Harris Technologies (LHX) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation