Question 1

What is L3Harris Technologies's P/S ratio?

Accepted Answer

L3Harris Technologies (LHX) P/S ratio is 2.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for L3Harris Technologies?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For L3Harris Technologies specifically, the relevant sector benchmark is the current sector median of 3.1×.

Question 5

Is L3Harris Technologies's P/S ratio high or low?

Accepted Answer

L3Harris Technologies's P/S ratio of 2.6× is above its own 5-year average of 2.3× and below the sector median of 3.1×. That places the current reading at the 75th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is L3Harris Technologies's historical P/S ratio range?

Accepted Answer

In the available daily series, L3Harris Technologies (LHX) P/S ratio has ranged from a low of 0.7× in 2011 to a high of 4.8× in 2019. The 5-year average is 2.3× and the 5-year median is 2.2×.

Question 7

What was L3Harris Technologies's P/S ratio in 2026?

Accepted Answer

L3Harris Technologies (LHX) P/S ratio at the end of 2026 was 2.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does L3Harris Technologies's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$56.94B	$21.86B	2.6×	+0.7×	Jan 2, 2026
2025	$39.79B	$21.32B	1.9×	—	Jan 3, 2025
2023	$39.93B	$19.42B	2.1×	-0.3×	Dec 29, 2023
2022	$39.71B	$17.06B	2.3×	-0.0×	Dec 30, 2022
2021	$41.60B	$17.81B	2.3×	—	Dec 31, 2021
2019	$43.51B	$12.86B	3.4×	+1.0×	Dec 31, 2019
2018	$15.44B	$6.44B	2.4×	-0.4×	Dec 28, 2018
2017	$16.79B	$5.98B	2.8×	+0.8×	Dec 29, 2017
2016	$12.68B	$6.32B	2.0×	—	Dec 30, 2016
2015	$7.44B	$4.96B	1.5×	—	Jan 2, 2015
2013	$7.46B	$4.98B	1.5×	+0.4×	Dec 27, 2013
2012	$5.43B	$5.00B	1.1×	+0.4×	Dec 28, 2012
2011	$4.05B	$5.73B	0.7×	-0.3×	Dec 30, 2011
2010	$5.70B	$5.63B	1.0×	—	Dec 31, 2010
2009	$5.23B	$5.27B	1.0×	—	Jan 2, 2009
2007	$8.28B	$4.83B	1.7×	+0.2×	Dec 28, 2007
2006	$5.93B	$3.84B	1.5×	-0.2×	Dec 29, 2006
2005	$5.56B	$3.20B	1.7×	+0.3×	Dec 30, 2005
2004	$3.99B	$2.75B	1.5×	—	Dec 31, 2004
2002	$1.65B	$1.96B	0.8×	-0.2×	Dec 27, 2002
2001	$1.93B	$1.90B	1.0×	—	Dec 28, 2001


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Gartner (IT)	1.7×
J.B. Hunt Transport Services (JBHT)	1.7×
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Jacobs Solutions (J)	1.1×
Textron (TXT)	1.0×
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United Parcel Service (UPS)	0.9×
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Versant Media Group, Inc. Class A (VSNT)	0.8×
Stanley Black & Decker (SWK)	0.7×
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Delta Air Lines (DAL)	0.7×
Southwest Airlines (LUV)	0.6×
Builders FirstSource (BLDR)	0.6×
United Airlines Holdings (UAL)	0.5×
Amentum Holdings (AMTM)	0.5×
Alaska Air Group (ALK)	0.3×
ABM Industries (ABM)	0.3×

P/S Ratio for L3Harris Technologies (LHX)

P/S Ratio daily chart for L3Harris Technologies (LHX)

Historical P/S Ratio for L3Harris Technologies (LHX) from 2001 to 2026

About P/S Ratio at L3Harris Technologies (LHX)

L3Harris Technologies P/S Ratio by Year

L3Harris Technologies P/S Ratio 2026: 2.6×

L3Harris Technologies P/S Ratio 2025: 1.9×

L3Harris Technologies P/S Ratio 2023: 2.1×

L3Harris Technologies P/S Ratio 2022: 2.3×

L3Harris Technologies P/S Ratio 2021: 2.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

L3Harris Technologies (LHX) Key Financials

P/S Ratio daily chart for L3Harris Technologies (LHX)

Historical P/S Ratio for L3Harris Technologies (LHX) from 2001 to 2026

About P/S Ratio at L3Harris Technologies (LHX)

L3Harris Technologies P/S Ratio by Year

L3Harris Technologies P/S Ratio 2026: 2.6×

L3Harris Technologies P/S Ratio 2025: 1.9×

L3Harris Technologies P/S Ratio 2023: 2.1×

L3Harris Technologies P/S Ratio 2022: 2.3×

L3Harris Technologies P/S Ratio 2021: 2.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is L3Harris Technologies's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for L3Harris Technologies?

+Is L3Harris Technologies's P/S ratio high or low?

+What is L3Harris Technologies's historical P/S ratio range?

+What was L3Harris Technologies's P/S ratio in 2026?

+Why does L3Harris Technologies's P/S ratio change over time?

L3Harris Technologies (LHX) Key Financials