L3Harris Technologies Inc (LHX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, L3Harris Technologies Inc (LHX) has a cash flow conversion efficiency ratio of 0.028x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($546.00 Million) by net assets ($19.53 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is L3Harris Technologies Inc's balance sheet to measure how much of total assets are equity-financed.
L3Harris Technologies Inc - Cash Flow Conversion Efficiency Trend (1988–2024)
This chart illustrates how L3Harris Technologies Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check LHX cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
L3Harris Technologies Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of L3Harris Technologies Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hangzhou Hikvision Digital Technology Co Ltd
SHE:002415
|
0.088x |
|
Sea Ltd
NYSE:SE
|
0.114x |
|
Credit Agricole SA
PA:ACA
|
0.117x |
|
SOFTBANK CORP. ADR
F:3AG0
|
N/A |
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
-0.250x |
|
Infosys Limited
NSE:INFY
|
0.095x |
|
Thales S.A.
PA:HO
|
0.113x |
|
Danone SA
PA:BN
|
0.095x |
Annual Cash Flow Conversion Efficiency for L3Harris Technologies Inc (1988–2024)
The table below shows the annual cash flow conversion efficiency of L3Harris Technologies Inc from 1988 to 2024. For the full company profile with market capitalisation and key ratios, see L3Harris Technologies Inc (LHX) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $19.58 Billion | $2.56 Billion | 0.131x | +17.41% |
| 2023-12-31 | $18.83 Billion | $2.10 Billion | 0.111x | -3.93% |
| 2022-12-31 | $18.62 Billion | $2.16 Billion | 0.116x | -16.69% |
| 2021-12-31 | $19.32 Billion | $2.69 Billion | 0.139x | +3.90% |
| 2020-12-31 | $20.84 Billion | $2.79 Billion | 0.134x | +224.26% |
| 2019-12-31 | $22.74 Billion | $939.00 Million | 0.041x | -83.54% |
| 2018-12-31 | $2.99 Billion | $751.00 Million | 0.251x | +29.08% |
| 2017-12-31 | $2.93 Billion | $569.00 Million | 0.194x | -35.71% |
| 2016-12-31 | $3.06 Billion | $924.00 Million | 0.302x | +20.41% |
| 2015-12-31 | $3.40 Billion | $854.00 Million | 0.251x | -46.04% |
| 2014-12-31 | $1.82 Billion | $849.00 Million | 0.465x | -12.81% |
| 2013-12-31 | $1.56 Billion | $833.00 Million | 0.534x | +21.75% |
| 2012-12-31 | $1.95 Billion | $852.90 Million | 0.438x | +32.15% |
| 2011-12-31 | $2.51 Billion | $833.10 Million | 0.332x | -9.51% |
| 2010-12-31 | $2.19 Billion | $802.70 Million | 0.367x | +2.74% |
| 2009-12-31 | $1.87 Billion | $666.80 Million | 0.357x | +46.04% |
| 2008-12-31 | $2.27 Billion | $555.50 Million | 0.244x | +24.24% |
| 2007-12-31 | $2.23 Billion | $438.60 Million | 0.197x | -2.21% |
| 2006-12-31 | $1.66 Billion | $334.20 Million | 0.201x | -14.59% |
| 2005-12-31 | $1.44 Billion | $338.80 Million | 0.235x | +4.10% |
| 2004-12-31 | $1.28 Billion | $289.20 Million | 0.226x | +75.12% |
| 2003-12-31 | $1.18 Billion | $152.80 Million | 0.129x | -29.73% |
| 2002-12-31 | $1.12 Billion | $206.60 Million | 0.184x | +831.93% |
| 2001-12-31 | $1.09 Billion | $-27.30 Million | -0.025x | -177.20% |
| 2000-12-31 | $1.37 Billion | $44.70 Million | 0.033x | -80.27% |
| 1999-12-31 | $1.59 Billion | $262.10 Million | 0.165x | -39.33% |
| 1998-12-31 | $1.64 Billion | $445.00 Million | 0.272x | +20.41% |
| 1997-12-31 | $1.58 Billion | $356.20 Million | 0.226x | +18.36% |
| 1996-12-31 | $1.37 Billion | $261.80 Million | 0.191x | -23.21% |
| 1995-12-31 | $1.25 Billion | $310.10 Million | 0.248x | +70.42% |
| 1994-12-31 | $1.19 Billion | $173.10 Million | 0.146x | -20.55% |
| 1992-12-31 | $1.14 Billion | $209.30 Million | 0.183x | -28.80% |
| 1991-12-31 | $1.07 Billion | $275.20 Million | 0.258x | +41.34% |
| 1990-12-31 | $1.03 Billion | $187.40 Million | 0.182x | +8.47% |
| 1989-12-31 | $1.08 Billion | $182.00 Million | 0.168x | +737.47% |
| 1988-12-31 | $947.20 Million | $19.00 Million | 0.020x | -- |
About L3Harris Technologies Inc
L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through Space & Airborne Systems (SAS), Integrated Mission Systems (IMS), Communication Systems (CS), and Aerojet Rocketdyne (AR) segments. The SAS segment provides satellite space payloads, sensors, and full-mission solutions; classified intelligence and cyber; airborne … Read more