L3Harris Technologies, Inc.LHX
NYSE•Industrials•Aerospace & Defense
Understand cash generation quality and how management allocates capital.
Free cash flow was $-194.00M in the latest quarter (92.1% decrease YoY). FCF margin is -0.9%. Shares outstanding declined by 0.9% year-over-year, indicating buybacks (returning capital to shareholders). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation