L3Harris (LHX) fundamentals: P/E, valuation, undervalued?
L3Harris · Industrials · ref. ETF XLI · price $234.72
In short — L3Harris trades at 23.7× earnings (P/E), 17.4× forward, with a net margin of 8.2 % and revenue growth of +8 %. Read: Cheap for the growth (P/E 17 for ~28% growth (PEG 0.6)).
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
$234.72-21.8% over range
Oct 14, 25low $233.63 · high $378.48Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
71% recommend buying · 7 analysts
Valuation : Cheap for the growth — P/E 17 for ~28% growth (PEG 0.6)
Valuation
23.7
P/E (price/earnings)
17.4
Forward P/E
0.84
PEG
2.2
Price/book (P/B)
$43.7B
Market cap
9.92
EPS
Profitability & growth
8.2 %
Net margin
+8 %
Revenue growth
+28 %
Earnings growth
$11.0B
Total debt
L3Harris income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2022 | $17.1B | $1.1B | 6.2 % |
| 2023 | $19.4B | $1.2B | 6.3 % |
| 2024 | $21.3B | $1.5B | 7.0 % |
| 2025 | $21.9B | $1.6B | 7.3 % |
⚠️ 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 23.7 (forward 17.4). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".
Is L3Harris profitable?
L3Harris has a net margin of 8.2 % (EPS 9.92). The company is profitable.
Is LHX stock expensive?
Our read: "Cheap for the growth" — P/E 17 for ~28% growth (PEG 0.6). Cross-check with growth and sector.
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