L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) closed fiscal year 2025 with a gross margin of 25.7 % and a net margin of 7.3 %.
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) closed fiscal year 2025 with a gross margin of 25.7 % and a net margin of 7.3 %. The same year shows an EBITDA margin of 17.2 % and an EBIT margin of 11.6 %. The free cash flow margin was 12.3 %. Against the previous year the gross margin moved −0.2 pp and the net margin +0.3 pp. Across the period the gross margin ranges between 25.7 % in 2025 and 1,827.8 % in 2010. The series covers 16 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 31.56 % | 31.66 % | 1,827.83 % | — | — | — | 33.96 % | 39.00 % | 36.05 % | 34.68 % | 34.23 % | 34.32 % | 28.88 % | 26.33 % | 25.90 % | 25.73 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | 23.63 % | 23.46 % | 22.34 % | 25.06 % | 14.59 % | 15.09 % | 16.70 % | 17.16 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | 17.61 % | 18.19 % | 18.15 % | 21.26 % | 9.10 % | 9.08 % | 10.65 % | 11.57 % |
| Net margin (%) | 9.66 % | 0.76 % | 548.44 % | 310.78 % | 8.18 % | 26.89 % | 10.67 % | 8.60 % | 5.41 % | 9.20 % | 11.31 % | 13.95 % | 6.22 % | 6.32 % | 7.04 % | 7.35 % |
| FCF margin (%) | 9.27 % | 11.15 % | 598.44 % | 275.79 % | 171.79 % | 158.93 % | 12.93 % | 18.17 % | 12.88 % | 7.63 % | 9.95 % | 15.06 % | 11.17 % | 8.48 % | 10.09 % | 12.27 % |