L3Harris Technologies Inc (LHX) — Tangible Net Worth Ratio
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 working capital to net assets of L3Harris Technologies Inc to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
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. See LHX days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 LHX stock market capitalisation.
| 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 | — |