L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual P&L / Income Statement

2023-12-30 to 2025-01-03

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L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual P&L / Income StatementIncome statement for 2023-12-30 through 2025-01-03. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSpace and Airborne Systems Segment - UNITED STATESIntegrated Mission Systems Segment - UNITED STATESCommunication Systems Segment - UNITED STATESAerojet Rocketdyne Segment - UNITED STATESIntegrated Mission Systems Segment - InternationalCommunication Systems Segment - InternationalSpace and Airborne Systems Segment - InternationalAerojet Rocketdyne Segment - InternationalRevenueGross profit (calculated)Cost of revenueOperating incomeOperating expenses (calculated)General and administrative expensesImpairment of goodwill and other assetsIncome before income taxesOther income (expense), net (calculated)Net incomeIncome taxesGross profit (calculated)Gross profit(calculated)$5.52 BRevenueRevenue$21.33 BOperating incomeOperating income$1.92 BIncome before income taxesPretax income$1.60 BNet incomeNet income$1.51 BSpace and Airborne Systems Segment - UNITED STATESSAS - UNITED STATES$5.97 BOperating expenses (calculated)Operating expenses(calculated)$3.61 BIncome taxesIncome taxes$85.00 MGeneral and administrative expensesGeneral andadministrative expenses$3.57 BCost of revenueCost of revenue$15.80 BOther income (expense), net (calculated)Other income,net (calculated)−$321.00 MIntegrated Mission Systems Segment - UNITED STATESIMS - UNITED STATES$4.93 BImpairment of goodwill and other assetsImpairment of goodwilland other assets$38.00 MCommunication Systems Segment - UNITED STATESCS - UNITED STATES$3.74 BAerojet Rocketdyne Segment - UNITED STATESAR - UNITED STATES$2.30 BIntegrated Mission Systems Segment - InternationalIMS - International$1.84 BCommunication Systems Segment - InternationalCS - International$1.65 BSpace and Airborne Systems Segment - InternationalSAS - International$847.00 MAerojet Rocketdyne Segment - InternationalAR - International$48.00 M
Chart details

L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual P&L / Income Statement

Income statement for 2023-12-30 through 2025-01-03. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
21,325,000,000 US dollars
Cost of revenue
15,801,000,000 US dollars
Gross profit (calculated)
5,524,000,000 US dollars
Operating expenses (calculated)
3,606,000,000 US dollars
Operating income
1,918,000,000 US dollars
Other income (expense), net (calculated)
negative 321,000,000 US dollars
Income before income taxes
1,597,000,000 US dollars
Income taxes
85,000,000 US dollars
Net income
1,512,000,000 US dollars
Aerojet Rocketdyne Segment - UNITED STATES
2,299,000,000 US dollars
Aerojet Rocketdyne Segment - International
48,000,000 US dollars
Communication Systems Segment - UNITED STATES
3,741,000,000 US dollars
Communication Systems Segment - International
1,649,000,000 US dollars
Integrated Mission Systems Segment - UNITED STATES
4,926,000,000 US dollars
Integrated Mission Systems Segment - International
1,844,000,000 US dollars
Space and Airborne Systems Segment - UNITED STATES
5,971,000,000 US dollars
Space and Airborne Systems Segment - International
847,000,000 US dollars
General and administrative expenses
3,568,000,000 US dollars
Impairment of goodwill and other assets
38,000,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to L3HARRIS TECHNOLOGIES, INC.: $1.50 B; to noncontrolling interests: $10.00 M.
L3HARRIS TECHNOLOGIES, INC. (LHX) FY2024 Annual Revenue by Business Segment by Geography Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

25.9%

Gross profit / revenue

Operating margin

9.0%

Operating profit / revenue

Cash conversion

169.2%

Operating cash / net income, same period

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