L3Harris vs Textron
L3Harris reported revenue of $21.9 billion in fiscal 2025, 1.5 times Textron's $14.8 billion in fiscal 2025. L3Harris' revenue grew 2.5% in its latest year, and Textron's grew 8.0%. Free cash flow was $2.7 billion at L3Harris and $929 million at Textron. Their fiscal years end in different months (January 2 and January 3), so the periods don't line up exactly.
Side by side
| L3Harris | Textron | |
|---|---|---|
| Latest fiscal year | FY2025, Jan 2, 2026 | FY2025, Jan 3, 2026 |
| Revenue | $21.9B | $14.8B |
| Revenue growth | 2.5% | 8.0% |
| Revenue growth a year, last 5 years | 3.7% | 4.9% |
| Gross margin | 25.7% | — |
| Operating margin | 9.7% | — |
| Net margin | 7.3% | 6.2% |
| Free cash flow | $2.7B | $929M |
| Free cash flow margin | 12.3% | 6.3% |
| Return on capital | 5.8% | — |
| Net debt to EBITDA | 3.0x | — |
| Dividends and buybacks | $2.1B | $840M |
| Change in diluted share count | −1.2% | −5.3% |
| Last close | $260.23 | $78.11 |
| P/E at the last close | 26.2× | 14.7× |
| Insider trades, last 12 months | sold $9.7 million | bought $988,594, sold $30.2 million |
| Piotroski F-score | 8 of 9 | — |
Amounts in each company's own currency, US$ 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
L3HarrisTextron
Operating margin
Percent of revenue
L3HarrisTextron
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
L3HarrisTextron