L3Harris Technologies, Inc. (LHX)财务
NYSE · Industrials · Aerospace & Defense · 员工45,000人 · CEO Sam Mehta
- 股价
- $277.61 -0.29%
- 市值
- $517亿
- 企业价值
- $602亿
- 最近财报
- Q3 '26 2026-10-29提交
- 下次财报
- 2027-01-28 EPS预期 $3.13
营收(TTM)$233亿+7.3% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)10.5%-1.0 百分点 对比去年同期营业利润 $24.6亿
净利润(TTM)$20.4亿+16.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)$36.4亿+92.7% 对比去年同期资本支出 $5.44亿
稀释EPS(TTM)$10.72+15.1% 对比去年同期最近4个季度之和
净现金-$79.8亿+30.7% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $517亿 EV $602亿
- 营收
- $233亿 过去12个月
- 营收增速
- +8% FY2027年一致预期
- 净利润率
- 8.8% 净利润 / 营收,TTM
- P/E
- 25.8× 预期 22.9×(FY2027)
- P/S
- 2.2× 股价 / 营收,TTM
- EV / EBITDA
- 14.7× TTM
- 自由现金流
- $36.4亿 过去12个月
- 净利润
- $20.4亿 过去12个月
- 营收预期
- $236亿 FY2027年一致预期
- 盈利
- 2027-01-28 营收预期 $59.8亿
- 股息
- $4.95 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收超预期2.4%,EPS 超预期11.2%营收$60.6亿,预期$59.2亿(+2.4%);EPS $3.28,预期$2.95(+11.2%)。
- 营收增长平稳:同比7.1%Q3 '26营收$60.6亿,此前四个季度的平均值为7.4%。
- 营业利润率10.5%(TTM),较去年同期-1.0 百分点营收增长7.3%,营业利润增长-1.6%。
- 资本支出占营收的2.3%(去年为1.8%)最近4个季度投入$5.44亿(同比+41.7%)。自由现金流$36.4亿,相当于净利润的178.1%。
- 股东回报$16.8亿 = 自由现金流的46.2%回购$7.54亿(去年为$10.4亿),股息$9.29亿,股权激励$1.23亿(TTM)。
- 稀释股数一年内减少0.5%Q3 '26稀释股数1.87亿,一年前为1.88亿。
- 净债务 $79.8亿现金 + 短期投资 $30.2亿,含租赁债务 $110亿;一年前净债务 $115亿。
上一季度:Q3 '26
截至2026-10-02的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $60.6亿 | $56.6亿 | +7.1% |
| 毛利率 | 26.6% | 26.4% | +0.2 百分点 |
| 营业利润 | $7.86亿 | $6.31亿 | +24.6% |
| 营业利润率 | 13.0% | 11.2% | +1.8 百分点 |
| 净利润 | $6.32亿 | $4.62亿 | +36.8% |
| 稀释EPS | $3.28 | $2.46 | +33.3% |
| 经营现金流 | $14.4亿 | $5.46亿 | +163.6% |
| 资本支出 | $1.79亿 | $1.19亿 | +50.4% |
| 自由现金流 | $12.6亿 | $4.27亿 | +195.1% |
| R&D | $0 | $1.37亿 | -100.0% |
| 股权激励费用 | -$100万 | $9900万 | -101.0% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $60.6亿 | $59.2亿 | +2.4% |
| EPS(一致预期口径) | $3.28 | $2.95 | +11.2% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Space and Airborne Systems | $29.9亿 | +85.6% | 51.2% | $135亿 | +101.1% | |
| Integrated Mission Systems | $9.9亿 | -37.8% | 17.0% | $109亿 | +61.7% | |
| Communication Systems | $18.6亿 | +37.2% | 31.8% | $104亿 | +87.9% | |
| Aerojet Rocketdyne Segment | – | – | – | – | – |
按地区划分的营收
占总额比例| 分部 | Q1 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Communications & Spectrum Dominance Segment | $8.3亿 | – | 57.1% | – | – | |
| Communication Systems Segment | – | – | – | – | – | |
| Space & Mission Systems Segment | $5.12亿 | – | 35.2% | – | – | |
| Integrated Mission Systems Segment | – | – | – | – | – | |
| Space and Airborne Systems Segment | – | – | – | – | – | |
| Aerojet Rocketdyne Segment | – | – | – | – | – | |
| Missile Solutions Segment | $1.12亿 | – | 7.7% | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Space And Airborne Systems Segment | – | – | – | – | – | – | – |
| Integrated Mission Systems Segment | – | – | – | – | – | – | – |
| Communication Systems Segment | – | – | – | – | – | – | – |
| Aerojet Rocketdyne Segment | – | – | – | – | – | – | – |
| Corporate (unallocated) | – | – | – | – | – | – | – |
| Space Mission Systems Segment | – | – | $3.38亿 | – | – | – | – |
| Communications Spectrum Dominance Segment | – | – | $5.02亿 | – | – | – | – |
| Missile Solutions Segment | – | – | $1.27亿 | – | – | – | – |
| Corporate Reconciling Items And Eliminations | – | – | -$1.81亿 | – | – | – | – |
各分部营业利润
季度各分部营业利润率
季度利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $41.9亿
- 资本支出
- -$5.44亿
- 股票回购
- -$7.54亿
- 股息
- -$9.29亿
- 收购
- $0
- 债务净发行
- -$8.44亿
- 股权激励费用
- $1.23亿
- 自由现金流
- $36.4亿
- 股东回报 / FCF
- 46.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 25.8× | 31.1× | 23.3× – 37.6× |
| EV / EBITDA | 14.7× | 16.8× | 14.2× – 18.8× |
| EV / 营收 | 2.6× | 2.8× | 2.4× – 3.1× |
| 股价 / FCF | 14.2× | 20.7× | 18.3× – 24.2× |
| 股价 / 净资产 | 2.6× | 2.3× | 2.0× – 2.9× |
| FCF收益率 | 7.0% | 4.9% | 4.1% – 5.5% |
| 投入资本回报率 | 5.6% | 5.3% | 4.9% – 5.6% |
| 净资产收益率 | 10.2% | 7.6% | 5.7% – 9.6% |
分析师
一致目标价 $324.33 (+16.8%)
区间 $293.00 – $365.00 · 评级 Buy
强烈买入0
买入25
持有7
卖出2
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2027 | $236亿 | +7.9% | $12.11 | +41.9% | 22.9× | 8 |
| FY2028 | $252亿 | +7.0% | $13.57 | +12.1% | 20.5× | 13 |
| FY2029 | $272亿 | +7.9% | $15.60 | +14.9% | 17.8× | 16 |
| FY2030 | $293亿 | +7.6% | $17.62 | +13.0% | 15.8× | 7 |
| FY2031 | $312亿 | +6.6% | $19.72 | +11.9% | 14.1× | 8 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
L3Harris Technologies, Inc.在近期10-Q / 10-K文件中标记的全部336项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $21.8亿 | $19亿 | +14.7% | $24.6亿 | $20.1亿 | +22.7% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $16.4亿 | $15.3亿 | +7.3% | $13.7亿 | $10.7亿 | +27.9% |
| Accounts Receivable, Allowance for Credit Loss, Current | $2100万2026-01-02 | $2100万 | 0.0% | $2100万 | $2100万 | 0.0% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $9000万 | $2200万 | +309.1% | $1.19亿 | $2700万 | +340.7% |
| Additional Paid in Capital, Common Stock | $149亿 | $152亿 | -1.8% | $151亿 | $156亿 | -2.8% |
| Amortization of Intangible Assets | $1.52亿 | – | – | $7.7亿 | $8.53亿 | -9.7% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 40万 | – | – | 200万 | 330万 | -39.4% |
| Asset Impairment Charges | – | – | – | $8500万 | $3800万 | +123.7% |
| Assets | $438亿 | $410亿 | +6.8% | $412亿 | $420亿 | -1.9% |
| Assets for Plan Benefits, Defined Benefit Plan | $13.7亿2026-01-02 | $9.86亿 | +38.7% | $13.7亿 | $9.86亿 | +38.7% |
| Assets, Current | $106亿 | $75.9亿 | +39.2% | $85.9亿 | $82.2亿 | +4.6% |
| Cash and Cash Equivalents, at Carrying Value | $24.7亿 | $3.39亿 | +628.9% | $10.7亿 | $6.15亿 | +73.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $24.7亿 | $3.39亿 | +628.9% | $10.7亿 | $6.15亿 | +73.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $9.5亿 | – | – | $4.54亿 | $5500万 | +725.5% |
| Common Stock, Dividends, Per Share, Cash Paid | $1.25 | – | – | $4.80 | $4.64 | +3.4% |
| Common Stock, Par or Stated Value Per Share | $1.00 | $1.00 | 0.0% | $1.00 | $1.00 | 0.0% |
| Common Stock, Shares Authorized | 5亿 | 5亿 | 0.0% | 5亿 | 5亿 | 0.0% |
| Common Stock, Shares, Issued | 1.86亿 | 1.87亿 | -0.5% | 1.87亿 | 1.9亿 | -1.6% |
| Common Stock, Shares, Outstanding | 1.86亿 | 1.87亿 | -0.5% | 1.87亿 | 1.9亿 | -1.6% |
| Common Stock, Value, Issued | $1.86亿 | $1.87亿 | -0.5% | $1.87亿 | $1.9亿 | -1.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $6.31亿 | – | – | $17亿 | $17.3亿 | -1.7% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $3.97亿2026-01-02 | – | – | $17亿 | $17.4亿 | -2.2% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $40亿 | $36.8亿 | +8.8% | $35.7亿 | $32.3亿 | +10.4% |
| Contract with Customer, Liability, Current | $31.1亿 | $22.3亿 | +39.3% | $22.6亿 | $21.4亿 | +5.6% |
| Contract with Customer, Liability, Noncurrent | $7900万 | $9400万 | -16.0% | $1.08亿 | $9100万 | +18.7% |
| Contract with Customer, Liability, Revenue Recognized | $2.74亿 | – | – | $16.8亿 | $14.3亿 | +17.4% |
| Contract with Customer, Performance Obligation Satisfied in Previous Period | – | – | – | $2.12亿 | $2.1亿 | +1.0% |
| Contractual Obligation | $18亿2026-01-02 | $12.1亿 | +48.6% | $18亿 | $12.1亿 | +48.6% |
| Contractual Obligation, to be Paid, Year One | $10.6亿2026-01-02 | $8.57亿 | +23.1% | $10.6亿 | $8.57亿 | +23.1% |
| Cost of Goods and Services Sold | $44.5亿 | – | – | $158亿2025-01-03 | $143亿 | +10.5% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$1000万 | -$1.66亿 | +94.0% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $7700万 | $7200万 | +6.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $1.2亿 | -$8900万 | +234.8% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $5300万 | $500万 | +960.0% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $4500万 | $4300万 | +4.7% | $4300万 | $4300万 | 0.0% |
| Debt, Weighted Average Interest Rate | 4.2%2026-04-03 | – | – | 4.7%2025-01-03 | – | – |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $1.66亿 | $2.44亿 | -32.0% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$1400万 | -$3400万 | +58.8% |
| Deferred Income Tax Assets, Net | $7200万 | $8700万 | -17.2% | $7600万 | $1.2亿 | -36.7% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $2.06亿 | $1.74亿 | +18.4% |
| Deferred Income Tax Liabilities, Net | $14.4亿 | $10.4亿 | +38.2% | $11.1亿 | $9.42亿 | +18.3% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $5400万 | -$3600万 | +250.0% |
| Deferred Tax Assets, Net of Valuation Allowance | $22.4亿2026-01-02 | $27.7亿 | -19.3% | $22.4亿 | $27.7亿 | -19.3% |
| Deferred Tax Assets, Operating Loss Carryforwards | $3700万2026-01-02 | $8100万 | -54.3% | $3700万 | $8100万 | -54.3% |
| Deferred Tax Assets, Other | $3.93亿2026-01-02 | $4.61亿 | -14.8% | $3.93亿 | $4.61亿 | -14.8% |
| Deferred Tax Assets, Tax Credit Carryforwards | $1.89亿2026-01-02 | $1.65亿 | +14.5% | $1.89亿 | $1.65亿 | +14.5% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals | $4.07亿2026-01-02 | $3.96亿 | +2.8% | $4.07亿 | $3.96亿 | +2.8% |
| Deferred Tax Assets, Valuation Allowance | $2.6亿2026-01-02 | $2.38亿 | +9.2% | $2.6亿 | $2.38亿 | +9.2% |
| Deferred Tax Liabilities, Gross | $32.8亿2026-01-02 | $36亿 | -8.9% | $32.8亿 | $36亿 | -8.9% |
| Deferred Tax Liabilities, Intangible Assets | $8900万 | – | – | $17.9亿 | $19.7亿 | -9.1% |
| Deferred Tax Liabilities, Leasing Arrangements | $2.11亿2026-01-02 | $1.88亿 | +12.2% | $2.11亿 | $1.88亿 | +12.2% |
| Deferred Tax Liabilities, Net | $10.4亿2026-01-02 | $8.22亿 | +26.3% | $10.4亿 | $8.22亿 | +26.3% |
| Deferred Tax Liabilities, Other | $9300万2026-01-02 | $1.09亿 | -14.7% | $9300万 | $1.09亿 | -14.7% |
| Deferred Tax Liabilities, Property, Plant and Equipment | $2.04亿2026-01-02 | $2.16亿 | -5.6% | $2.04亿 | $2.16亿 | -5.6% |
| Defined Benefit Plan, Accumulated Benefit Obligation | $61亿2026-01-02 | $76亿 | -19.7% | $61亿 | $76亿 | -19.7% |
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, before Tax | -$4.71亿2026-01-02 | -$4.73亿 | +0.4% | -$4.71亿 | -$4.73亿 | +0.4% |
| Defined Benefit Plan, Accumulated Other Comprehensive (Income) Loss, Prior Service Cost (Credit), before Tax | -$1.09亿2026-01-02 | -$1.42亿 | +23.2% | -$1.09亿 | -$1.42亿 | +23.2% |
| Defined Benefit Plan, Accumulated Other Comprehensive Income (Loss), Gain (Loss), before Tax | $3.62亿2026-01-02 | $3.31亿 | +9.4% | $3.62亿 | $3.31亿 | +9.4% |
| Defined Benefit Plan, Amortization of Gain (Loss) | $300万 | – | – | -$200万2016-07-01 | -$700万 | +71.4% |
| Defined Benefit Plan, Amortization of Prior Service Cost (Credit) | -$600万 | – | – | -$500万2016-07-01 | -$1300万 | +61.5% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-10-02, 10-Q 2026-07-03, 10-Q 2026-04-03, 10-K 2026-01-02, 10-Q 2025-10-03, 10-Q 2025-06-27, 10-Q 2025-03-28, 10-K 2025-01-03, 10-Q 2024-09-27
数据截至 2026-11-02