L3Harris Technologies, Inc. (LHX) Free Cash Flow CAGR:14.10%(TTM)
Free cash flow CAGR uses precomputed cash-flow statement history.
Over longer horizons, L3Harris Technologies, Inc.'s Free Cash Flow CAGR averages 5.54% over 3 years and 0.45% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how L3Harris Technologies, Inc.'s cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.
LHX Free Cash Flow CAGR Chart
L3Harris Technologies, Inc. (LHX)
LHX Quarterly Free Cash Flow Growth (YoY)
Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.
LHX Free Cash Flow CAGR History
| Year | Start FCF | End FCF | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2026 | $2.15B | $2.68B | +$531.00M | +24.69% | +24.69% |
| 2025 | $1.65B | $2.15B | +$504.00M | +30.60% | +30.60% |
| 2023 | $1.91B | $1.65B | $-259.00M | -13.59% | -13.59% |
| 2022 | $2.35B | $1.91B | $-439.00M | -18.72% | -18.72% |
| 2021 | $766.00M | $2.35B | +$1.58B | +206.14% | +206.14% |
| 2019 | $615.00M | $766.00M | +$151.00M | +24.55% | +24.55% |
| 2018 | $450.00M | $615.00M | +$165.00M | +36.67% | +36.67% |
| 2017 | $772.00M | $450.00M | $-322.00M | -41.71% | -41.71% |
| 2016 | $706.00M | $772.00M | +$66.00M | +9.35% | +9.35% |
| 2015 | $645.00M | $706.00M | +$61.00M | +9.46% | +9.46% |
| 2014 | $655.00M | $645.00M | $-10.00M | -1.53% | -1.53% |
| 2013 | $619.10M | $655.00M | +$35.90M | +5.80% | +5.80% |
| 2012 | $508.20M | $619.10M | +$110.90M | +21.82% | +21.82% |
| 2011 | $604.70M | $508.20M | $-96.50M | -15.96% | -15.96% |
| 2010 | $545.00M | $604.70M | +$59.70M | +10.95% | +10.95% |
| 2009 | $409.30M | $545.00M | +$135.70M | +33.15% | +33.15% |
| 2008 | $309.50M | $409.30M | +$99.80M | +32.25% | +32.25% |
| 2007 | $187.80M | $309.50M | +$121.70M | +64.80% | +64.80% |
| 2006 | $240.00M | $187.80M | $-52.20M | -21.75% | -21.75% |
| 2005 | $212.10M | $240.00M | +$27.90M | +13.15% | +13.15% |
| 2004 | $79.80M | $212.10M | +$132.30M | +165.79% | +165.79% |
| 2003 | $160.70M | $79.80M | $-80.90M | -50.34% | -50.34% |
| 2002 | $-82.50M | $160.70M | +$243.20M | N/A | N/A |
| 2001 | $-36.60M | $-82.50M | $-45.90M | N/A | N/A |
| 2000 | $201.70M | $-36.60M | $-238.30M | -118.15% | N/A |
| 1999 | $357.70M | $201.70M | $-156.00M | -43.61% | -43.61% |
| 1998 | $276.70M | $357.70M | +$81.00M | +29.27% | +29.27% |
Quarterly Free Cash Flow: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | -$194.00M | — | -92.1% |
| Q4 2026 | $1.80B | +322.5% | +78.4% |
| Q3 2025 | $427.00M | -22.6% | -39.2% |
| Q2 2025 | $552.00M | — | -16.0% |
| Q1 2025 | -$101.00M | — | +53.9% |
| Q4 2025 | $1.01B | +44.0% | +55.1% |
| Q3 2024 | $702.00M | +6.8% | +77.7% |
| Q2 2024 | $657.00M | — | +104.7% |
| Q1 2024 | -$219.00M | — | — |
| Q4 2023 | $652.00M | +65.1% | -8.3% |
| Q3 2023 | $395.00M | +23.1% | -24.6% |
| Q2 2023 | $321.00M | +15.1% | -53.3% |
| Q1 2023 | $279.00M | -60.8% | — |
| Q4 2022 | $711.00M | +35.7% | +3.5% |
| Q3 2022 | $524.00M | -23.7% | +29.4% |
| Q2 2022 | $687.00M | — | +4.2% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
About L3Harris Technologies, Inc.
L3Harris Technologies, Inc. is a prominent technology firm specializing in aerospace and defense, delivering vital, high-stakes solutions to governmental and commercial clients across the globe. Its diverse operations are organized into several key segments: The Integrated Mission Systems division is responsible for providing versatile intelligence, surveillance, and reconnaissance (ISR) platforms, alongside various communication technologies. This unit also offers comprehensive support for fleet management, as well as the development, modification, and routine maintenance of sensors for ISR and airborne operations. Furthermore, it develops and integrates specialized mission systems tailored for naval vessels and maritime operations, including sophisticated signals and multi-intelligence platforms, autonomous surface and undersea vehicles, and advanced power and ship control electronics. Cutting-edge electro-optical and infrared technologies are also part of its offerings. The Space and Airborne Systems segment is dedicated to providing sophisticated space payloads, advanced sensor technologies, and complete mission solutions for space-based operations. It also offers secure intelligence and robust cyber defense capabilities, specialized avionics for mission-specific applications, and state-of-the-art electronic warfare systems. The Communication Systems division delivers reliable tactical communication tools and secure, broadband mobile networked communication devices. This encompasses airborne, space, and surface data link terminals, ground stations, and portable tactical satellite communication (SATCOM) systems designed for manned aircraft, unmanned aerial vehicles (UAVs), and naval vessels. The segment also produces integrated night vision systems, mountable on helmets and weapons, along with radio systems, applications, and equipment essential for critical public safety and professional communication needs. Additionally, it supplies SATCOM terminals and integrated battlefield management networks. Finally, the Aviation Systems segment focuses on defense-oriented aviation products, training for commercial pilots, and mission-critical network solutions for effective air traffic management. Originally established in 1895 as Harris Corporation, the company adopted its current name, L3Harris Technologies, Inc., in June 2019. Its headquarters are located in Melbourne, Florida.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Christopher E. Kubasik