HighGravityData

L3Harris Technologies — Jan 30, 2025 release

Fiscal 2025 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000202058-25-000011
Open on SEC.gov ↗
Showing in the filing
Integrated Mission Systems Adjusted Segment Operating Margin
“low 12%”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 19
LHX NeXt overall cost-savings goal for FY2025
“$1.2 billion”
Space & Airborne Systems Revenue for FY2025
“$6.9B - $7.1B”
Integrated Mission Systems Adjusted Segment … for FY2025
“low 12%”
Integrated Mission Systems Revenue for FY2025
“$7.0B - $7.2B”
Communication Systems Revenue for FY2025
“$5.6B - $5.7B”
Communication Systems Adjusted Segment Opera… for FY2025
“high 24%”
Aerojet Rocketdyne Revenue for FY2025
“~$2.5B”
Aerojet Rocketdyne Adjusted Segment Operatin… for FY2025
“mid 12%”
Total Company Revenue for FY2025
“$21.8B - $22.2B”
Total Company Adjusted Segment Operating Mar… for FY2025
“mid - high 15%”
Non-GAAP diluted EPS (Prior) for FY2025
“$13.70 - $14.00”
Intangible amortization, net of income taxes for FY2025
“~(3.15)”
Non-GAAP diluted EPS (New) for FY2025
“$10.55 - $10.85”
Adjusted free cash flow for FY2025
“$2.4B - $2.5B”
FAS/CAS operating adjustment for FY2025
“~$15 million”
Net interest expense for FY2025
“~$630 million”
Effective tax rate on non-GAAP income (New) for FY2025
“11.0% - 12.0%”
Average diluted shares for FY2025
“~190”
Capital expenditures for FY2025
“~2% sales”
Exhibit 99.1 · the passage around this item
… earlier in the release
However, as US Government contracting officers assess the impact of Executive Orders on new contracts, we could see an effect on our Q1 2025 bookings and revenue. Revenue Adjusted Segment Operating Margin Space & Airborne Systems $6.9B - $7.1B low 12% Integrated Mission Systems $7.0B - $7.2B low 12% Communication Systems $5.6B - $5.7B high 24% Aerojet Rocketdyne ~$2.5B mid 12% Total Company $21.8B - $22.2B mid - high 15% 2025 2024 Earning per share Guidance 1 Actuals Non-GAAP diluted EPS (Prior) $13.70 - $14.00 $13.10 Intangible amortization, net of income taxes ~(3.15) (3.40) Non-GAAP diluted EPS (New) $10.55 - $10.85 $9.70 Growth 10%* 5% Adjusted free cash flow $2.4B - $2.5B $2.3B 1 A reconciliation of adjusted segment operating income and margin, effective tax rate on non-GAAP income, non-GAAP diluted EPS (prior and new) and adjusted free cash flow on a forward-looking basis to GAAP is not available without unreasonable effort due to the unavailability of items for exclusion from the GAAP measure. We are unable to address the probable significance of this information, the variability of which may have a significant impact on future GAAP results. See Non-GAAP Financial Measures on page 9 for more information. *Based on mid-point PAGE 7 SUPPLEMENTAL INFORMATION 2025 2024 Other Information Current Actuals FAS/CAS operating adjustment ~$15 million $28 million Non-service FAS pension income 1 ~$260 million $322 million Net intere
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.