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L3Harris Technologies, Inc. (LHX) Quick Ratio (Acid-Test): 1.02

Is L3Harris Technologies, Inc.’s quick ratio (acid-test) high or low?

L3Harris Technologies, Inc.'s quick ratio (acid-test) of 1.02 is in line with its 4-year average of 0.97, around the middle of its 4-year range (0.80–1.18).

As of Sunday, June 14, 2026. 6.25% above its 12-month average of 0.96.

LHX Quick Ratio (Acid-Test) Chart

LHX Quick Ratio (Acid-Test)
1.02+13.33% 1Y
Zoom

LHX Average Quick Ratio (Acid-Test) Chart

LHX Current vs Average Quick Ratio (Acid-Test) Chart

LHX Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.02

QUICK RATIO (ACID-TEST) AVG TTM

0.96

QUICK RATIO (ACID-TEST) AVG 3Y

0.91

QUICK RATIO (ACID-TEST) AVG 5Y

0.97

QUICK RATIO (ACID-TEST) AVG 10Y

0.97

QUICK RATIO (ACID-TEST) AVG 15Y

1.02

QUICK RATIO (ACID-TEST) AVG 20Y

1.07

CURRENT VS TTM AVG

+6.25%

CURRENT VS 3Y AVG

+12.50%

CURRENT VS 5Y AVG

+5.15%

CURRENT VS 10Y AVG

+5.35%

CURRENT VS 15Y AVG

+0.31%

CURRENT VS 20Y AVG

-4.55%

LHX Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
L3Harris Technologies, Inc. (LHX)$57.34B1.020.960.910.97
Rocket Lab USA, Inc. (RKLB)$59.27B3.612.652.613.23
Delta Air Lines, Inc. (DAL)$54.57B0.340.330.360.53
Fastenal Company (FAST)$53.46B2.412.342.192.10
PACCAR Inc (PCAR)$62.38B1.421.942.132.24
AMETEK, Inc. (AME)$52.06B0.670.710.740.94
Rockwell Automation, Inc. (ROK)$51.11B0.770.740.810.86
Old Dominion Freight Line, Inc. (ODFL)$51.11B1.441.391.662.16
Comfort Systems USA, Inc. (FIX)$66.10B1.191.131.101.13
Westinghouse Air Brake Technologies Corporation (WAB)$45.00B0.570.630.640.66

Liquidity Comparison

Quick Ratio

1.02

Excludes inventory

Current Ratio

1.19

Includes inventory

L3Harris Technologies, Inc. Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

L3Harris Technologies, Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The quick ratio (acid-test) for LHX stock is 1.02.
Is L3Harris Technologies, Inc.'s quick ratio (acid-test) high or low?
L3Harris Technologies, Inc.'s quick ratio (acid-test) of 1.02 is in line with its 4-year average of 0.97, around the middle of its 4-year range (0.80–1.18).
What is the TTM average quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The TTM average quick ratio (acid-test) for LHX stock is 0.96.
What is the 3Y average quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The 3Y average quick ratio (acid-test) for LHX stock is 0.91.
What is the 5Y average quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The 5Y average quick ratio (acid-test) for LHX stock is 0.97.
What is the 10Y average quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The 10Y average quick ratio (acid-test) for LHX stock is 0.97.
What is the 15Y average quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The 15Y average quick ratio (acid-test) for LHX stock is 1.02.
What is the 20Y average quick ratio (acid-test) for L3Harris Technologies, Inc. (LHX)?
The 20Y average quick ratio (acid-test) for LHX stock is 1.07.

L3Harris Technologies, Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-01-021.02
2025-01-030.90
2023-12-290.80
2022-12-300.95
2021-12-311.18
2021-01-011.34
2019-12-311.27
2019-06-300.98
2018-06-300.68
2017-06-300.64
2016-06-300.89
2015-06-300.95
2014-06-301.23
2013-06-300.99
2012-06-301.40
2011-06-301.05
2010-06-301.32
2009-06-301.13
2008-06-301.59
2007-06-300.78
2006-06-301.35
2005-06-301.64
2004-06-302.43
2003-06-302.31
2002-06-302.58
2001-06-301.66
2000-06-302.58
1999-06-301.02
1998-06-301.07
1997-06-301.13

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.

Melbourne, FL
47,000 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Christopher E. Kubasik