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L3Harris Technologies, Inc. (LHX) Tax Rate: 16.87%

Is L3Harris Technologies, Inc.’s tax rate high or low?

L3Harris Technologies, Inc.'s tax rate of 16.87% is 14% above its 4-year average of 14.80%, around the middle of its 4-year range (1.88%–33.28%).

52.05% above its 12-month average of 11.10%.

LHX Tax Rate Chart

LHX Tax Rate
16.87%+217.11% 1Y
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LHX Average Tax Rate Chart

LHX Current vs Average Tax Rate Chart

LHX Tax Rate Metrics

TAX RATE

16.87%

TAX RATE AVG TTM

11.10%

TAX RATE AVG 3Y

8.02%

TAX RATE AVG 5Y

14.80%

TAX RATE AVG 10Y

17.18%

TAX RATE AVG 15Y

21.69%

TAX RATE AVG 20Y

24.52%

CURRENT VS TTM AVG

+52.05%

CURRENT VS 3Y AVG

+110.26%

CURRENT VS 5Y AVG

+13.99%

CURRENT VS 10Y AVG

-1.82%

CURRENT VS 15Y AVG

-22.24%

CURRENT VS 20Y AVG

-31.20%

L3Harris Technologies, Inc. Tax Rate Formula & Definition

Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

L3Harris Technologies, Inc. Tax Rate FAQ

What is the tax rate for L3Harris Technologies, Inc. (LHX)?
The tax rate for LHX stock is 16.87%.
Is L3Harris Technologies, Inc.'s tax rate high or low?
L3Harris Technologies, Inc.'s tax rate of 16.87% is 14% above its 4-year average of 14.80%, around the middle of its 4-year range (1.88%–33.28%).
What is the TTM average tax rate for L3Harris Technologies, Inc. (LHX)?
The TTM average tax rate for LHX stock is 11.10%.
What is the 3Y average tax rate for L3Harris Technologies, Inc. (LHX)?
The 3Y average tax rate for LHX stock is 8.02%.
What is the 5Y average tax rate for L3Harris Technologies, Inc. (LHX)?
The 5Y average tax rate for LHX stock is 14.80%.
What is the 10Y average tax rate for L3Harris Technologies, Inc. (LHX)?
The 10Y average tax rate for LHX stock is 17.18%.
What is the 15Y average tax rate for L3Harris Technologies, Inc. (LHX)?
The 15Y average tax rate for LHX stock is 21.69%.
What is the 20Y average tax rate for L3Harris Technologies, Inc. (LHX)?
The 20Y average tax rate for LHX stock is 24.52%.

L3Harris Technologies, Inc. Tax Rate History

DATETAX RATE
2026-01-0216.87%
2025-01-035.32%
2023-12-291.88%
2022-12-3016.65%
2021-12-3133.28%
2021-01-0117.70%
2019-12-310.00%
2019-06-3014.38%
2018-06-3022.69%
2017-06-3029.36%
2016-06-3030.88%
2015-06-3027.53%
2014-06-3032.20%
2013-06-3030.53%
2012-06-3033.97%
2011-06-3033.88%
2010-06-3033.71%
2009-06-3035.63%
2008-06-3032.06%
2007-06-3028.89%
2006-06-3037.53%
2005-06-3032.24%
2004-06-3030.17%
2003-06-3035.03%
2002-06-3033.94%
2001-06-3070.44%
2000-06-3035.06%
1999-06-3036.03%
1998-06-3035.97%
1997-06-3035.18%

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