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 LHX days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Occidental Petroleum Corporation
NYSE:OXY
|
0.032x |
|
Investor AB ser. A
ST:INVE-A
|
0.005x |
|
Diamondback Energy Inc
NASDAQ:FANG
|
0.055x |
|
Sea Ltd
NYSE:SE
|
0.114x |
|
China Molybdenum Co Ltd Class A
SHG:603993
|
0.041x |
|
Deutsche Bank Aktiengesellschaft
F:DBK
|
-0.250x |
|
Thales S.A.
PA:HO
|
0.113x |
|
ASE Industrial Holding Co Ltd ADR
NYSE:ASX
|
-0.457x |
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 market cap of L3Harris Technologies Inc.
| 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