L3Harris Technologies Inc Operating margin

What is the Operating margin of L3Harris Technologies Inc?

The Operating margin of L3Harris Technologies Inc is 7.16%

What is the definition of Operating margin?



Operating margin is the ratio of operating income divided by net sales and presented in percent.

ttm (trailing twelve months)

Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.

Operating margin of companies in the Technology sector on NYSE compared to L3Harris Technologies Inc

What does L3Harris Technologies Inc do?

l3harris technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’ mission-critical needs. the company provides advanced defense and commercial technologies across space, air, land, sea and cyber domains. l3harris has approximately $18 billion in annual revenue and 47,000 employees, with customers in more than 100 countries. l3harris.com.

Companies with operating margin similar to L3Harris Technologies Inc