L3Harris (LHX) fundamentals: P/E, valuation, undervalued?

L3Harris · Industrials · ref. ETF XLI · price $261.98
Logo L3HarrisSee the full L3Harris (LHX) profile
In short — L3Harris trades at 26.6× earnings (P/E), 19.5× forward, with a net margin of 10.4 % and revenue growth of +190 %. Read: Cheap for the growth (P/E 19 for ~190% growth (PEG 0.1)).

Is L3Harris stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$261.98-5.4% over range
Aug 28, 25low $261.98 · high $378.48Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
50% recommend buying · 4 analysts
Valuation : Cheap for the growth — P/E 19 for ~190% growth (PEG 0.1)

Valuation

26.6
P/E (price/earnings)
19.5
Forward P/E
PEG
2.5
Price/book (P/B)
$48.8B
Market cap
9.85
EPS

Profitability & growth

10.4 %
Net margin
+190 %
Revenue growth
-6 %
Earnings growth
$7.9B
Total debt

L3Harris income statement

Fiscal yearRevenueNet incomeMargin
2022$17.1B$1.1B6.2 %
2023$19.4B$1.2B6.3 %
2024$21.3B$1.5B7.0 %
2025$21.9B$1.6B7.3 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is L3Harris's P/E and is the stock undervalued? What's a good P/E?

L3Harris's P/E is 26.6 (forward 19.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is L3Harris profitable?

L3Harris has a net margin of 10.4 % (EPS 9.85). The company is profitable.

Is LHX stock expensive?

Our read: "Cheap for the growth" — P/E 19 for ~190% growth (PEG 0.1). Cross-check with growth and sector.

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