L3Harris Technologies Inc (LHX) — Tangible Net Worth Ratio

Latest as of September 2025: 63.8%

L3Harris Technologies Inc (LHX) has a Tangible Net Worth Ratio of 63.8% as of September 2025. This metric is calculated by deducting intangible assets ($7.07 Billion) from net assets ($19.53 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See L3Harris Technologies Inc (LHX) net assets for net asset value and shareholders' equity analysis.

Tangible NW Ratio

63.8%
Tangible equity / total equity

Net Assets (Equity)

$19.53 Billion
USD

Intangible Assets

$7.07 Billion
Goodwill, patents, brand value

Total Assets

$41.01 Billion
USD

L3Harris Technologies Inc Tangible Net Worth Ratio (1985–2024)

This chart shows how L3Harris Technologies Inc's Tangible Net Worth Ratio has changed across 39 annual periods from 1985 to 2024. As of September 2025, the ratio stands at 63.8%, reflecting net assets of $19.53 Billion with intangible assets of $7.07 Billion USD. Also explore L3Harris Technologies Inc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Tangible Net Worth Ratio for L3Harris Technologies Inc (1985–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for L3Harris Technologies Inc from 1985 to 2024, covering 39 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of L3Harris Technologies Inc.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2024 61.0% $19.58 Billion $7.64 Billion $42.00 Billion ▲ +6.3 pp
2023 54.6% $18.83 Billion $8.54 Billion $41.69 Billion ▼ -13.1 pp
2022 67.8% $18.62 Billion $6.00 Billion $33.52 Billion ▲ +2.1 pp
2021 65.6% $19.32 Billion $6.64 Billion $34.71 Billion ▲ +3.6 pp
2020 62.1% $20.84 Billion $7.91 Billion $36.96 Billion ▼ -0.8 pp
2019 62.8% $22.74 Billion $8.46 Billion $38.34 Billion ▼ -2.2 pp
2018 65.0% $2.99 Billion $1.05 Billion $9.86 Billion ▲ +2.7 pp
2017 62.3% $2.93 Billion $1.10 Billion $10.09 Billion ▲ +2.6 pp
2016 59.7% $3.06 Billion $1.23 Billion $12.01 Billion ▲ +11.9 pp
2015 47.8% $3.40 Billion $1.77 Billion $13.13 Billion ▼ -38.0 pp
2014 85.9% $1.82 Billion $258.00 Million $4.92 Billion ▲ +5.6 pp
2013 80.3% $1.56 Billion $308.10 Million $4.86 Billion ▲ +1.9 pp
2012 78.3% $1.95 Billion $421.70 Million $5.59 Billion ▼ -1.7 pp
2011 80.0% $2.51 Billion $502.40 Million $6.17 Billion ▼ -6.4 pp
2010 86.4% $2.19 Billion $297.80 Million $4.74 Billion ▲ +4.4 pp
2009 82.0% $1.87 Billion $335.60 Million $4.47 Billion ▼ -7.5 pp
2008 89.6% $2.27 Billion $236.90 Million $4.63 Billion ▲ +8.3 pp
2007 81.3% $2.23 Billion $417.90 Million $4.41 Billion ▼ -7.1 pp
2006 88.4% $1.66 Billion $193.40 Million $3.14 Billion ▼ -4.7 pp
2005 93.1% $1.44 Billion $99.10 Million $2.46 Billion ▲ +11.4 pp
2004 81.7% $1.28 Billion $233.40 Million $2.23 Billion ▼ -0.1 pp
2003 81.9% $1.18 Billion $214.30 Million $2.08 Billion ▲ +0.5 pp
2002 81.4% $1.12 Billion $209.00 Million $1.87 Billion ▼ -1.2 pp
2001 82.6% $1.09 Billion $189.40 Million $1.96 Billion ▼ -5.3 pp
2000 87.9% $1.37 Billion $166.20 Million $2.33 Billion ▼ -7.5 pp
1999 95.4% $1.59 Billion $72.80 Million $2.96 Billion ▼ -0.3 pp
1998 95.7% $1.64 Billion $69.80 Million $3.23 Billion ▲ +10.2 pp
1997 85.6% $1.58 Billion $227.50 Million $3.64 Billion ▲ +1.1 pp
1996 84.5% $1.37 Billion $212.80 Million $3.21 Billion ▼ -2.2 pp
1995 86.7% $1.25 Billion $166.60 Million $2.84 Billion ▲ +0.6 pp
1994 86.0% $1.19 Billion $166.00 Million $2.68 Billion ▲ +0.3 pp
1992 85.7% $1.14 Billion $162.80 Million $2.54 Billion ▼ -0.4 pp
1991 86.1% $1.07 Billion $148.40 Million $2.48 Billion ▲ +0.7 pp
1990 85.4% $1.03 Billion $150.30 Million $2.49 Billion ▼ -1.8 pp
1989 87.2% $1.08 Billion $139.10 Million $2.63 Billion ▼ -0.1 pp
1988 87.3% $947.20 Million $120.20 Million $2.56 Billion ▼ -11.1 pp
1987 98.4% $972.20 Million $15.40 Million $1.64 Billion ▲ +0.1 pp
1986 98.3% $984.30 Million $16.30 Million $1.80 Billion ▲ +0.2 pp
1985 98.1% $900.80 Million $16.90 Million $1.79 Billion
pp = percentage points