Is L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) Halal?

NYSE Industrials United States $64.2B
✓ HALAL
Confidence: 95/100
L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) is Halal under all 5 major Shariah screening standards. With a debt ratio of just 16.2% against the AAOIFI threshold of 30%, L3HARRIS TECHNOLOGIES, INC. /DE/ comfortably passes the key financial ratio tests. The company operates in the Industrials sector (Aerospace & Defense), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 16.2%
/ 30%
1.6%
/ 30%
7.3%
/ 30%
1.73%
/ 5%
✓ HALAL
DJIM 16.2%
/ 33%
1.6%
/ 33%
7.3%
/ 33%
1.73%
/ 5%
✓ HALAL
MSCI 27.0%
/ 33%
2.6%
/ 33%
12.1%
/ 33%
1.73%
/ 5%
✓ HALAL
S&P 16.2%
/ 33%
1.6%
/ 33%
7.3%
/ 33%
1.73%
/ 5%
✓ HALAL
FTSE 27.0%
/ 33%
2.6%
/ 33%
12.1%
/ 50%
1.73%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
40.2
Forward: 25.2
EPS
$8.54
Dividend Yield
146.0%
Payout: 56.3%
P/B Ratio
3.3
EV/EBITDA
18.5
EV: $74.9B
Revenue
$21.9B
Growth: 2.3%
Beta
0.6
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 25.7%
Operating Margin 12.9%
Net Margin 7.3%
Return on Equity (ROE) 8.2%
Return on Assets (ROA) 4.2%

Cash Flow & Balance Sheet

Operating Cash Flow$3.1B
Free Cash Flow$2.7B
Total Debt$11.1B
Debt-to-Equity60.6
Current Ratio1.2
Total Assets$41.2B

Price & Trading

Last Close$349.34
50-Day MA$354.13
200-Day MA$299.34
Avg Volume1.5M
Beta0.6
52-Week Range
$195.72
$379.23

About L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX)

CEO
Mr. Christopher E. Kubasik CPA
Employees
45,000
Sector
Industrials
Industry
Aerospace & Defense
Country
United States
Exchange
NYSE
Market Cap
$64.2B
Currency
USD

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. It operates through three segments: Space & Mission Systems (SMS), Communications & Spectrum Dominance (CSD), and Missile Solutions (MSL). The SMS segment integrates satellite and payload capabilities, including missile warning and defense, with maritime, air special missions, and other global defense and civil government programs. Its MSL segment unites propulsion, hypersonic, and other advanced missile technologies. The CSD segment provides tactical radios, software, waveforms, satellite terminals, and end-to-end battlefield systems for the U.S. Department of Defense, international, federal, and state agency customers; broadband communications; integrated vision solutions, such as helmet-mounted integrated night vision goggles with image intensifier tubes and weapon-mounted sights, aiming lasers, and range finders; and public safety radios and system applications and equipment. The company was formerly known as Harris Corporation and changed its name to L3Harris Technologies, Inc. in June 2019. L3Harris Technologies, Inc. was founded in 1895 and is headquartered in Melbourne, Florida.

Purification Calculator

As a halal stock with 1.73% impermissible income, you need to purify your dividends.

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Frequently Asked Questions

Is L3HARRIS TECHNOLOGIES, INC. /DE/ (LHX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), L3HARRIS TECHNOLOGIES, INC. /DE/ is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is L3HARRIS TECHNOLOGIES, INC. /DE/'s debt ratio?

L3HARRIS TECHNOLOGIES, INC. /DE/'s debt ratio is 16.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 27.0%.

Does L3HARRIS TECHNOLOGIES, INC. /DE/ require dividend purification?

Yes, L3HARRIS TECHNOLOGIES, INC. /DE/ has an impermissible income ratio of 1.73%, which means 1.73% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are L3HARRIS TECHNOLOGIES, INC. /DE/'s key financial metrics?

L3HARRIS TECHNOLOGIES, INC. /DE/ has a market capitalization of $64.2B, trailing P/E ratio of 40.2, and revenue of $21.9B. The company maintains a gross margin of 25.7% and a net margin of 7.3%. Return on equity stands at 8.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.