Is the price fair?
What LHX's price assumes
L3Harris trades at 26.5× earnings against 41.8× for the median Aerospace & Defense name, cheaper than its own group.
26.5
Trailing P/E · Aerospace & Defense median 41.8 · cheaper than the typical name in its group
- Price / sales
- 1.72
Price / sales · as of 2026-Q1
- Free cash flow yield
- 5.1%
Free cash flow yield · Aerospace & Defense median 2.5%
- Growth the price implies
- +5.4%
Growth the price implies · The price pays for +5.4% free cash flow growth a year for a decade; the business has delivered +15% a year over the last three.
Details›
- Price / book2026-Q1
- 3.39
- EV / EBIT2026-Q1
- 19.0
- EV / sales2026-Q1
- 1.95
- Industrials median P/E346 names
- 29.9
- Aerospace & Defense median P/E50 names
- 41.8
- Free cash flow, trailing twelve months
- $2.81B
- Market capitalisation
- $54.9B
- 3-year revenue growth
- +30%
- 3-year free cash flow growth
- +15%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $236.30 |
| Its own P/E history, median | $261.84 |
| Its own P/E history, upper quartile | $299.14 |
| 52-week range | $262.08 – $375.64 |
| Today | $262.91 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Aerospace & Defense
Ranks #27 of 48 by Smart Score