L3Harris Technologies Inc (LHX) — Cash Flow Quality Index

Latest as of September 2025: 1.18x

L3Harris Technologies Inc (LHX) has a Cash Flow Quality Index of 1.18x as of September 2025. Operating cash flow of $546.00 Million exceeds net income of $462.00 Million, indicating high earnings quality where cash backs reported profits. Explore L3Harris Technologies Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.18x
Operating CF / Net Income

Operating Cash Flow

$546.00 Million
USD

Net Income

$462.00 Million
USD

Data as of

Sep 2025
Most recent filing

L3Harris Technologies Inc Cash Flow Quality Index (1988–2024)

Historical Cash Flow Quality Index for L3Harris Technologies Inc across 36 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check L3Harris Technologies Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for L3Harris Technologies Inc (1988–2024)

Year-by-year earnings quality comparison for L3Harris Technologies Inc. For live market cap and the full company financial profile, see L3Harris Technologies Inc stock valuation.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.69x $2.56 Billion $1.51 Billion ▼ -0.9%
2023 1.71x $2.10 Billion $1.23 Billion ▼ -16.0%
2022 2.03x $2.16 Billion $1.06 Billion ▲ +39.4%
2021 1.46x $2.69 Billion $1.84 Billion ▼ -43.2%
2020 2.57x $2.79 Billion $1.09 Billion ▲ +350.3%
2019 0.57x $939.00 Million $1.65 Billion ▼ -46.9%
2018 1.07x $751.00 Million $699.00 Million ▲ +2.5%
2017 1.05x $569.00 Million $543.00 Million ▼ -63.3%
2016 2.85x $924.00 Million $324.00 Million ▲ +11.5%
2015 2.56x $854.00 Million $334.00 Million ▲ +60.8%
2014 1.59x $849.00 Million $534.00 Million ▼ -79.2%
2013 7.64x $833.00 Million $109.00 Million ▼ -75.1%
2012 30.68x $852.90 Million $27.80 Million ▲ +2062.1%
2011 1.42x $833.10 Million $587.10 Million ▼ -0.7%
2010 1.43x $802.70 Million $561.60 Million ▼ -91.9%
2009 17.59x $666.80 Million $37.90 Million ▲ +1306.9%
2008 1.25x $555.50 Million $444.20 Million ▲ +37.0%
2007 0.91x $438.60 Million $480.40 Million ▼ -35.0%
2006 1.40x $334.20 Million $237.90 Million ▼ -16.2%
2005 1.68x $338.80 Million $202.20 Million ▼ -23.1%
2004 2.18x $289.20 Million $132.80 Million ▼ -15.2%
2003 2.57x $152.80 Million $59.50 Million ▲ +2.7%
2002 2.50x $206.60 Million $82.60 Million ▲ +296.1%
2001 -1.28x $-27.30 Million $21.40 Million ▼ -171.3%
2000 1.79x $44.70 Million $25.00 Million ▼ -66.0%
1999 5.25x $262.10 Million $49.90 Million ▲ +57.0%
1998 3.35x $445.00 Million $133.00 Million ▲ +94.9%
1997 1.72x $356.20 Million $207.50 Million ▲ +17.0%
1996 1.47x $261.80 Million $178.40 Million ▼ -26.9%
1995 2.01x $310.10 Million $154.50 Million ▲ +41.3%
1994 1.42x $173.10 Million $121.90 Million ▼ -24.6%
1992 1.88x $209.30 Million $111.10 Million ▼ -46.5%
1991 3.52x $275.20 Million $78.20 Million ▼ -63.4%
1990 9.61x $187.40 Million $19.50 Million ▲ +590.1%
1989 1.39x $182.00 Million $130.70 Million ▲ +56.8%
1988 0.89x $19.00 Million $21.40 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.