L3Harris Technologies
LHX
$207.68
Share price
-0.22%
Change (1 day)
2.74%
Change (1 year)
Categories
Operating Margin for L3Harris Technologies (LHX)
Operating Margin as of April 2024 (TTM): 5.32%
According to L3Harris Technologies's latest financial reports and stock price the company's current Operating Margin is 5.32%. At the end of 2022 the company had an Operating Margin of 7.46%.
Operating Margin history for L3Harris Technologies from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 7.46% | -41.78% |
| 2021 | 12.82% | 76.38% |
| 2020 | 7.27% | -37.43% |
| 2019 | 11.61% | -21.11% |
| 2018 | 14.72% | -4.03% |
| 2017 | 15.34% | 87.46% |
| 2016 | 8.18% | -12.78% |
| 2015 | 9.38% | -40.88% |
| 2014 | 15.87% | 22.06% |
| 2013 | 13.00% | -15.82% |
| 2012 | 15.44% | 3.89% |
| 2011 | 14.87% | -7.9% |
| 2010 | 16.14% | 66.46% |
| 2009 | 9.70% | -19.35% |
| 2008 | 12.02% | -22.81% |
| 2007 | 15.57% | 42.11% |
| 2006 | 10.96% | 10.2% |
| 2005 | 9.94% | 39.15% |
| 2004 | 7.15% | 66% |
| 2003 | 4.31% | -35.44% |
| 2002 | 6.67% | 80.09% |
| 2001 | 3.70% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 L3Harris Technologies LHX | 5.32% | 0.00% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.