Company Quick10K Filing
Harris
10-Q 2019-09-27 Filed 2019-10-31
10-K 2019-06-28 Filed 2019-08-22
10-Q 2019-03-29 Filed 2019-05-02
10-Q 2018-12-28 Filed 2019-01-30
10-Q 2018-09-28 Filed 2018-10-26
10-K 2018-06-29 Filed 2018-08-27
10-Q 2018-03-30 Filed 2018-05-03
10-Q 2017-12-29 Filed 2018-01-31
10-Q 2017-09-29 Filed 2017-10-31
10-K 2017-06-30 Filed 2017-08-29
10-Q 2017-03-31 Filed 2017-05-03
10-Q 2016-12-30 Filed 2017-02-03
10-Q 2016-09-30 Filed 2016-11-02
10-K 2016-07-01 Filed 2016-08-29
10-Q 2016-04-01 Filed 2016-05-04
10-Q 2016-01-01 Filed 2016-02-03
10-Q 2015-10-02 Filed 2015-11-06
10-K 2015-07-03 Filed 2015-08-31
10-Q 2015-04-03 Filed 2015-05-06
10-Q 2015-01-02 Filed 2015-02-10
10-Q 2014-09-26 Filed 2014-10-29
10-K 2014-06-27 Filed 2014-08-25
10-Q 2014-03-28 Filed 2014-04-30
10-Q 2013-12-27 Filed 2014-01-29
10-Q 2013-09-27 Filed 2013-10-30
10-K 2013-06-28 Filed 2013-08-26
10-Q 2013-03-29 Filed 2013-05-01
10-Q 2012-12-28 Filed 2013-01-30
10-Q 2012-09-28 Filed 2012-10-31
10-K 2012-06-29 Filed 2012-08-27
10-Q 2012-03-30 Filed 2012-05-02
10-Q 2011-12-30 Filed 2012-02-01
10-Q 2011-09-30 Filed 2011-10-27
10-K 2011-07-01 Filed 2011-08-29
10-Q 2011-04-01 Filed 2011-05-04
10-Q 2010-12-31 Filed 2011-01-27
10-Q 2010-10-01 Filed 2010-10-28
10-K 2010-07-02 Filed 2010-08-30
10-Q 2010-04-02 Filed 2010-04-29
10-Q 2010-01-01 Filed 2010-01-28
8-K 2020-04-07 Amend Bylaw, Other Events, Exhibits
8-K 2020-03-13 Other Events, Exhibits
8-K 2020-03-04 Officers, Exhibits
8-K 2020-03-04 Officers, Exhibits
8-K 2020-03-04 Other Events, Exhibits
8-K 2020-02-04 Other Events, Exhibits
8-K 2020-02-04 Earnings, Regulation FD, Exhibits
8-K 2019-12-16 Other Events
8-K 2019-12-13 Other Events
8-K 2019-11-27 Other Events, Exhibits
8-K 2019-11-14 Other Events
8-K 2019-11-14 Other Events, Exhibits
8-K 2019-10-30 Earnings, Regulation FD, Exhibits
8-K 2019-10-30 Shareholder Vote
8-K 2019-09-11 Other Events, Exhibits
8-K 2019-08-02 Other Events
8-K 2019-07-31 Other Events, Exhibits
8-K 2019-07-31 Earnings, Regulation FD, Exhibits
8-K 2019-07-01 Off-BS Arrangement, Other Events, Exhibits
8-K 2019-06-28 Enter Agreement, Leave Agreement, M&A, Earnings, Off-BS Arrangement, Officers, Regulation FD, Other Events, Exhibits
8-K 2019-06-28 Amend Bylaw, Exhibits
8-K 2019-06-20 Other Events, Exhibits
8-K 2019-06-13 Other Events, Exhibits
8-K 2019-05-30 Other Events, Exhibits
8-K 2019-05-30 Other Events, Exhibits
8-K 2019-05-01 Earnings, Regulation FD, Exhibits
8-K 2019-04-05 Regulation FD, Exhibits
8-K 2019-04-04 Shareholder Vote, Other Events, Exhibits
8-K 2019-02-25 Other Events, Exhibits
8-K 2019-01-29 Earnings, Regulation FD, Exhibits
8-K 2019-01-11 Other Events
8-K 2018-12-13 Other Events, Exhibits
8-K 2018-12-10 Other Events
8-K 2018-10-26 Shareholder Vote
8-K 2018-10-15 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-10-12 Enter Agreement, Officers, Exhibits
8-K 2018-08-30 Officers, Amend Bylaw, Exhibits
8-K 2018-07-31 Earnings, Regulation FD, Exhibits
8-K 2018-06-28 Enter Agreement, Leave Agreement, Off-BS Arrangement, Exhibits
8-K 2018-06-25 Other Events
8-K 2018-06-04 Other Events, Exhibits
8-K 2018-05-30 Amend Bylaw, Exhibits
8-K 2018-05-29 Other Events, Exhibits
8-K 2018-05-24 Other Events
8-K 2018-05-02 Earnings, Regulation FD, Exhibits
8-K 2018-04-27 Officers, Exhibits
8-K 2018-02-27 Other Events, Exhibits
8-K 2018-01-30 Earnings, Regulation FD, Exhibits

Harris Financials

HRS Metrics, Comps, Filings

Quarterly | Annual

Business

We were incorporated in Delaware in 1926 as the successor to three companies founded in the 1890s. Our principal executive offices are located at 1025 West NASA Boulevard, Melbourne, Florida 32919, and our telephone number is (321) 727-9100. As noted above, our common stock is now traded under the ticker symbol "LHX" on the NYSE, and unless the context otherwise requires, the terms "we," "our," "us," "Company" and "L3Harris" as used in this Report mean Harris Corporation and its subsidiaries when referring to periods prior to the end of fiscal 2019 (prior to the L3Harris Merger) and to the combined company, L3Harris Technologies, Inc., when referring to periods after the end of fiscal 2019 (after the L3Harris Merger).

During fiscal 2019, we operated as Harris Corporation, a leading technology innovator, solving customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. We supported government and commercial customers in more than 100 countries, with our largest customers being various departments and agencies of the U.S. Government and their prime contractors. Our products, systems and services had defense and civil government applications, as well as commercial applications. As of the end of fiscal 2019, we had approximately 18,200 employees, including approximately 8,000 engineers and scientists.

As of June 28, 2019, we structured our operations primarily around the products, systems and services we sold and the markets we served, and we reported the financial results of our continuing operations in the following three reportable segments, which were also referred to as our business segments:


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Canon (CAJ) 29,237 49% 1.3 18% 46,055 17,687 135,888 66,245 8,169 20,885 27,770
Cummins (CMI) 25,176 26% 8.6 10% 20,346 11,593 24,119 6,213 1,970 3,051 26,344
Fortive (FTV) 23,623 50% 10.0 16% 16,660 9,509 7,075 3,543 2,658 2,860 28,578
Stanley Black & Decker (SWK) 21,553 33% 19.9 3% 21,322 13,060 14,363 4,805 652 1,288 25,617
Harris (HRS) 19,569 35% 17.7 8% 9,889 6,645 4,645 1,629 770 1,279 22,674
Rockwell Automation (ROK) 19,377 43% 17.9 11% 6,113 5,709 6,695 2,900 696 1,151 20,615
Keysight Technologies (KEYS) 19,024 59% 17.3 9% 6,623 3,619 4,303 2,534 621 1,108 19,212
Garmin (GRMN) 16,195 60% 17.1 14% 5,755 1,374 3,587 2,144 782 890 15,218
Dover (DOV) 14,485 36% 21.0 8% 8,669 7,170 2,615 651 812 17,053
Teledyne Technologies (TDY) 11,904 39% 23.1 8% 4,480 1,909 3,078 1,203 378 550 12,702
Zebra Technologies (ZBRA) 11,362 47% 22.8 8% 4,708 3,014 4,430 2,095 375 564 12,857
Trimble (TRMB) 9,789 54% 31.9 4% 5,804 3,016 2,440 1,321 235 356 11,355
Lennox (LII) 9,523 28% 19.2 17% 2,215 2,492 3,766 1,056 370 550 10,533
Snap-On (SNA) 9,471 49% 9.6 12% 5,694 2,263 3,730 1,844 711 1,064 10,234
Cognex (CGNX) 9,819 74% 47.8 11% 1,886 530 726 536 204 188 8,974
Nordson (NDSN) 8,323 54% 16.8 10% 3,516 1,935 2,194 1,192 337 562 9,450
Sensata Technologies (ST) 8,041 35% 13.9 7% 6,844 4,241 3,452 1,197 483 756 10,543
Woodward (WWD) 6,956 24% 14.7 7% 3,957 2,230 2,900 708 260 526 7,722
Owens Corning (OC) 6,662 23% 8.7 5% 9,955 5,472 7,192 1,637 504 1,130 9,807
Middleby (MIDD) 6,540 37% 15.0 7% 4,929 3,072 2,928 1,094 338 560 8,412

Balance Sheet ($MM)2010-01-012010-04-022010-07-022010-10-012010-12-312011-04-012011-07-012011-09-302011-12-302012-03-302012-06-292012-09-282012-12-282013-03-292013-06-282013-09-272013-12-272014-03-282014-06-272014-09-262015-01-022015-04-032015-07-032015-10-022016-01-012016-04-012016-07-012016-09-302016-12-302017-03-312017-06-302017-09-292017-12-292018-03-302018-06-292018-09-28
Cash310406455341741885367305387299356327328459321337334350561449470488481320511302487284361302484388422443288305
Accounts Receivable
Inventory6726476156716526947216907017436186476246466696566896746196486506361,0151,1071,0709929649621,001894841896942963925413
PP&E5225841,3561,4251,4891,5741,7161,7841,8031,6501,5341,5751,6001,6281,5661,5971,6421,6801,7441,7721,7911,7982,3132,3222,2992,1272,1522,2002,0481,9992,0712,0972,1082,1392,1832,213
Assets4,5304,6284,7355,2075,6676,0296,1736,1316,1725,6495,5935,3545,2415,0764,8584,7814,8844,9594,9314,8374,7984,83413,12912,56412,09711,90011,99611,77811,61811,10710,09010,0999,85610,0709,8399,889
Accounts Payable284342329391363383451409348347381298299298340315342356324303292280581455558529602508540428540452462494622480
Long-Term Debt1,1771,1771,1771,1761,8771,8931,8921,8871,8831,8832,1481,8832,1992,1521,7631,7631,7421,7791,8001,7951,8091,8265,2305,1214,9024,9404,4944,0874,0873,8593,9453,3953,9144,2143,7403,410
Liabilities2,5162,5112,5452,9123,2793,5333,6613,9623,9203,7483,6473,5013,4153,4003,2973,1513,1713,1643,1063,0412,9872,9949,7279,1018,8458,5338,9398,7248,4608,1937,1627,1126,8626,9336,5176,645
Stockholders' Equity2,0142,1172,1902,2942,3882,4842,5022,1602,2441,8931,9391,8461,8231,6731,5611,6301,7141,7951,8261,7961,8121,8413,8504,1463,2513,3663,0563,0533,1572,9142,9282,9872,9943,1373,3223,244
Income Statement ($MM)2010-01-012010-04-022010-07-022010-10-012010-12-312011-04-012011-07-012011-09-302011-12-302012-03-302012-06-292012-09-282012-12-282013-03-292013-06-282013-09-272013-12-272014-03-282014-06-272014-09-262015-01-022015-04-032015-07-032015-10-022016-01-012016-04-012016-07-012016-09-302016-12-302017-03-312017-06-302017-09-292017-12-292018-03-302018-06-292018-09-28
Revenue1,2181,3301,4561,4051,5141,4131,6671,4601,4931,4761,0791,2621,2871,2041,3601,1921,2231,2681,3291,1551,2061,1871,5351,8111,8431,9091,9041,7541,7001,4891,5421,4131,5351,5681,542
Cost of Revenue7798209248811,0028961,0939679349387468488458048887747958419007638087531,0381,2201,2811,3121,3191,1751,1389641,0198989991,0071,0271,010
Gross Profit439510532524513517575494560538333413442400472417428426430393398433496591562597585579562525523515536561532
R&D
SG&A
Tax668077887867685569591035962463660816466505053-1068467181657669686490123941
Net Income140166151164151140134122133-353129-863169556126136141131125140126-56148-15216816016017785161139201217213
Cash Flow ($MM)2010-01-012010-04-022010-07-022010-10-012010-12-312011-04-012011-07-012011-09-302011-12-302012-03-302012-06-292012-09-282012-12-282013-03-292013-06-282013-09-272013-12-272014-03-282014-06-272014-09-262015-01-022015-04-032015-07-032015-10-022016-01-012016-04-012016-07-012016-09-302016-12-302017-03-312017-06-302017-09-292017-12-292018-03-302018-06-292018-09-28
Cash Operating31416729594168276791992053701201592343201731071743958014217345964323120417432521948095278-143521117
Cash Investing-100-74-569-67-118-663-82-55-54-59-37-3599-47-6-52-58-47-34-38-23-3,189-24-25-63111-46-28345599-23-22-36-60-31
Cash Financing-118-4415937093-130-56-64-242-247-116-123-200-401-154-53-94-148-150-69-1162,709-192-103-265-333-201-140-601-496-174-220198-609-69