L3Harris Technologies
LHX
#431
Rank
C$65.40 B
Marketcap
$344.82
Share price
0.92%
Change (1 day)
33.47%
Change (1 year)

Operating Margin for L3Harris Technologies (LHX)

Operating Margin as of November 2024 (TTM): 5.60%

According to L3Harris Technologies's latest financial reports and stock price the company's current Operating Margin is 5.60%. At the end of 2023 the company had an Operating Margin of 6.29%.

Operating Margin history for L3Harris Technologies from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.29%-15.73%
20227.46%-41.78%
202112.82%76.38%
20207.27%-55.6%
201916.37%11.17%
201814.72%-2.35%
201715.08%2.19%
201614.75%44.74%
201510.19%-35.74%
201415.86%21.93%
201313.01%-15.77%
201215.44%-7.58%
201116.71%-9.9%
201018.55%91.29%
20099.70%-33.24%
200814.52%-6.75%
200715.57%42.11%
200610.96%10.2%
20059.94%39.15%
20047.15%36.11%
20035.25%-26.81%
20027.17%93.73%
20013.70%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.60% 0.00%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.