L3Harris reported full-year 2024 revenue of $21.3 billion, up 10%, and 4% organically, and fourth-quarter revenue of $5.5 billion, up 3%. The company cited the inclusion of a full year of Aerojet Rocketdyne results as a factor in the 10% increase for the full year.

1. 01

   L3Harris reported full-year 2024 revenue of $21.3 billion, up 10%, and 4% organically, and fourth-quarter revenue of $5.5 billion, up 3%. The company cited the inclusion of a full year of Aerojet Rocketdyne results as a factor in the 10% increase for the full year.

2. 02

   L3Harris said operating margin for 2024 was 9.0% (Q4 10.3%) and adjusted segment operating margin was 15.4% (Q4 15.3%). The company said adjusted segment operating margin expanded 60 basis points for the full year and 20 basis points in Q4.

3. 03

   L3Harris reported 2024 diluted earnings per share of $7.87 (non-GAAP $13.10), operating cash flow of $2.6 billion, up 22%, and adjusted free cash flow of $2.3 billion, up 14%.

4. 04

   L3Harris provided guidance for 2025 total revenue of $21.8B to $22.2B, non-GAAP diluted EPS (new) of $10.55 to $10.85, and adjusted free cash flow of $2.4B to $2.5B. The guidance assumes a Continuing Resolution through March 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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