L3Harris Technologies Inc Ret. on equity
What is the Ret. on equity of L3Harris Technologies Inc?
The Ret. on equity of L3Harris Technologies Inc is 6.36%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity 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 ret. on equity similar to L3Harris Technologies Inc
- BPL has Ret. on equity of 6.35%
- ConnectOne Bancorp has Ret. on equity of 6.35%
- Bellway Plc has Ret. on equity of 6.35%
- Media 6 SA has Ret. on equity of 6.35%
- Park-Ohio has Ret. on equity of 6.35%
- Chevalier International has Ret. on equity of 6.36%
- L3Harris Technologies Inc has Ret. on equity of 6.36%
- Societe des Chemins de Fer et Tramways du Var et du Gard has Ret. on equity of 6.36%
- Semiconductor Manufacturing International has Ret. on equity of 6.36%
- Jaiprakash Power Ventures has Ret. on equity of 6.36%
- Ameresco has Ret. on equity of 6.36%
- ITL Industries has Ret. on equity of 6.36%
- Duncan Engineering has Ret. on equity of 6.36%