L3Harris Technologies Inc (LHX)
211.00
-0.75
(-0.35%)
USD |
NYSE |
May 02, 14:21
L3Harris Technologies Gross Profit Margin (Quarterly): 25.87% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 25.87% |
| December 31, 2023 | 26.31% |
| September 30, 2023 | 26.59% |
| June 30, 2023 | 25.93% |
| March 31, 2023 | 26.08% |
| December 31, 2022 | 27.57% |
| September 30, 2022 | 28.12% |
| June 30, 2022 | 29.70% |
| March 31, 2022 | 30.29% |
| December 31, 2021 | 29.82% |
| September 30, 2021 | 30.93% |
| June 30, 2021 | 30.36% |
| March 31, 2021 | 29.65% |
| December 31, 2020 | 30.02% |
| September 30, 2020 | 29.37% |
| June 30, 2020 | 28.57% |
| March 31, 2020 | 28.71% |
| September 30, 2019 | 26.83% |
| June 30, 2019 | 34.42% |
| March 31, 2019 | 34.09% |
| December 31, 2018 | 34.27% |
| September 30, 2018 | 34.50% |
| June 30, 2018 | 33.96% |
| March 31, 2018 | 34.19% |
| December 31, 2017 | 33.42% |
| Date | Value |
|---|---|
| September 30, 2017 | 34.82% |
| June 30, 2017 | 29.89% |
| March 31, 2017 | 35.66% |
| December 31, 2016 | 36.51% |
| September 30, 2016 | 36.83% |
| June 30, 2016 | 38.88% |
| March 31, 2016 | 34.90% |
| December 31, 2015 | 31.18% |
| September 30, 2015 | 32.63% |
| June 30, 2015 | 86.35% |
| March 31, 2015 | 36.48% |
| December 31, 2014 | 33.00% |
| September 30, 2014 | 34.03% |
| June 30, 2014 | 32.37% |
| March 31, 2014 | 33.65% |
| December 31, 2013 | 34.97% |
| September 30, 2013 | 35.02% |
| June 30, 2013 | 34.72% |
| March 31, 2013 | 33.25% |
| December 31, 2012 | 34.31% |
| September 30, 2012 | 32.75% |
| June 30, 2012 | 34.58% |
| March 31, 2012 | 35.72% |
| December 31, 2011 | 34.67% |
| September 30, 2011 | 33.10% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
25.87%
Minimum
Mar 2024
34.42%
Maximum
Jun 2019
28.69%
Average
28.71%
Median
Mar 2020
Gross Profit Margin (Quarterly) Benchmarks
| General Dynamics Corp | 15.50% |
| Lockheed Martin Corp | 11.59% |
| Boeing Co | 11.32% |
| RTX Corp | 18.45% |
| Northrop Grumman Corp | 21.05% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 6.29% |
| Return on Assets | 2.98% |
| Return on Invested Capital | 3.87% |
| Profit Margin (Quarterly) | 5.43% |
| Operating Margin (Quarterly) | 7.25% |
| Return on Net Operating Assets | 3.21% |