GE Aerospace vs L3Harris
GE Aerospace reported revenue of $45.9 billion in fiscal 2025, 2.1 times L3Harris' $21.9 billion in fiscal 2025. GE Aerospace's revenue grew 18.5% in its latest year, and L3Harris' grew 2.5%. Free cash flow was $7.3 billion at GE Aerospace and $2.7 billion at L3Harris. Their fiscal years end in different months (December 31 and January 2), so the periods don't line up exactly.
Side by side
| GE Aerospace | L3Harris | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Jan 2, 2026 |
| Revenue | $45.9B | $21.9B |
| Revenue growth | 18.5% | 2.5% |
| Revenue growth a year, last 5 years | −9.6% | 3.7% |
| Gross margin | — | 25.7% |
| Operating margin | — | 9.7% |
| Net margin | 19.0% | 7.3% |
| Free cash flow | $7.3B | $2.7B |
| Free cash flow margin | 15.8% | 12.3% |
| Return on capital | 35.8% | 5.8% |
| Net debt to EBITDA | 0.7x | 3.0x |
| Dividends and buybacks | $9.0B | $2.1B |
| Change in diluted share count | −2.4% | −1.2% |
| Last close | $288.43 | $260.23 |
| P/E at the last close | 33.3× | 26.2× |
| Insider trades, last 12 months | sold $21.3 million | sold $9.7 million |
| Piotroski F-score | 5 of 8 | 8 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
GE AerospaceL3Harris
Operating margin
Percent of revenue
GE AerospaceL3Harris
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
GE AerospaceL3Harris
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the GE Aerospace and L3Harris pages.