Quality score · LHX · Industrials

Is L3Harris Technologies, Inc. a quality business?

L3Harris Technologies, Inc. (LHX) scored on five pillars from its reported financial statements, and ranked against 270 Industrials companies.

5.4/ 10
Mixed quality
as of October 18, 2026
Profitability
4.4 Average
Solvency
6.4 Average
Growth
3.6 Weak
Efficiency
6.8 Average
Predictability
6.5 Average
Strongest pillar: Efficiency · Weakest: Growth

L3Harris Technologies, Inc. (LHX) scores 5.4 out of 10 as of , computed from its reported financial statements. That reads as mixed quality. The reading rests on efficiency, and growth is what holds it back.

Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.

Does L3Harris Technologies, Inc. have an economic moat?

Not enough data

We cannot judge L3Harris Technologies, Inc. yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.

Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →

How L3Harris Technologies, Inc. scores

L3Harris Technologies, Inc. (LHX) has a Lemma Quality Score of 5.4 out of 10 as of October 18, 2026, which reads as mixed quality. A mixed reading means the strengths and weaknesses roughly cancel out, and the case for the business depends on which pillars you care about most. Five pillars feed it, and every one of them is computed from what the company reported rather than from its share price.

Set against 270 Industrials companies, L3Harris Technologies, Inc. lands at the 46th percentile, in the weaker half of its peers. A typical company in the group scores 5.6, and the best quarter starts from 6.5. L3Harris Technologies, Inc. is in line with that typical reading.

Pillar by pillar

Profitability

On profitability, L3Harris Technologies, Inc. scores 4.4, an average reading. Its peers have a median of 4.9 across 262 Industrials companies, which places it below them, at the 43rd percentile. Middling returns are common and not a flaw in themselves, though they leave less slack when costs rise or demand softens.

Solvency

Solvency scores 6.4 out of 10, which reads as average. The median across 241 Industrials companies is 7.1, so L3Harris Technologies, Inc. is below its peers on this pillar and ranks at the 40th percentile. Middling solvency says the balance sheet is neither a strength nor a constraint today.

Growth

L3Harris Technologies, Inc.’s growth score is 3.6 out of 10 (weak). Against a median of 5.4 among 216 Industrials companies, that is well below the group and the 26th percentile. Weak growth means revenue and earnings have been flat or shrinking against peers, which can be cyclical or a sign of a market that is maturing.

Efficiency

On efficiency, L3Harris Technologies, Inc. scores 6.8, an average reading. Its peers have a median of 6.2 across 264 Industrials companies, which places it above them, at the 65th percentile. Efficiency near the median says the operation is neither unusually lean nor unusually capital hungry.

Predictability

L3Harris Technologies, Inc.’s predictability score is 6.5 out of 10 (average). Against a median of 5.0 among 267 Industrials companies, that is well above the group and the 78th percentile. Consistency near the median is typical, and it is worth checking whether the swings came from the business itself or from one-off items.

Strongest and weakest pillar

The profile is uneven. Efficiency leads at 6.8 while growth trails at 3.6, a gap of 3.2 points, so the overall averages a clear strength against a clear soft spot. An efficiency lead means the operation turns what it has into cash better than it does anything else. A growth shortfall often comes with size or a maturing market, and is less of a concern if the other pillars are strong.

What would move the score

The pillar with the most room to move the score is growth. If it rose to the median of Industrials companies, 5.4, L3Harris Technologies, Inc.’s overall score would go from 5.4 to about 5.8. All five pillars could be scored, so the overall uses the full set of weights out of 100: profitability 25, solvency 20, growth 20, efficiency 15, predictability 20.

L3Harris Technologies, Inc. and similar companies

These are the Industrials companies closest to L3Harris Technologies, Inc. in market value. Each has its own page scored on the same five pillars, so the comparison is like for like.

What each pillar measures

Profitability

4.4 / 10

How much profit the company generates from its capital and sales.

Solvency

6.4 / 10

The company’s ability to service debt and meet its obligations.

Growth

3.6 / 10

How fast revenue, earnings and cash flow are compounding.

Efficiency

6.8 / 10

How well assets and earnings convert into cash and output.

Predictability

6.5 / 10

How stable and consistent results have been over time.

How this score is calculated

Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.

Limitations

This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.

Educational only. Not investment advice.

FAQ

Is L3Harris Technologies, Inc. a quality business?

On this reading L3Harris Technologies, Inc. scores 5.4 out of 10, which reads as mixed quality. Its strongest pillar is efficiency, its weakest is growth. Quality is not the same as a good investment: the score says nothing about the price you would pay.

How does L3Harris Technologies, Inc. compare with other Industrials companies?

L3Harris Technologies, Inc. ranks at the 46th percentile of the 270 Industrials companies Lemma publishes a score for. The median there is 5.6 and the top quarter starts at 6.5, against L3Harris Technologies, Inc.’s 5.4.

What does the LHX quality score measure?

Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.

How current is this score?

This page last changed on October 18, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for LHX are in the app.

Does a high score mean the stock is cheap?

No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.

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