Company Information

  

Address: 1025 W NASA BLVD  
City: MELBOURNE 
State: FL 
Zip Code: 32919 
Telephone: 321-727-9100 

Description of Business

Primary SIC Code: 3812
(As filed with the SEC)  

Harris Corporation, together with its subsidiaries, is a leading technology innovator, solving customers' toughest mission-critical challenges by providing solutions that connect, inform and protect. We support 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 have defense and civil government applications, as well as commercial applications. As of the end of fiscal 2017, we had approximately 17,000 employees, including approximately 7,700 engineers and scientists. Harris Corporation was 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. Our common stock is listed on the New York Stock Exchange ("NYSE") under the symbol "HRS.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20175.340.57024.66
06/20175.120.53021.30
03/20172.780.53040.03
12/20162.570.53039.87
09/20162.840.53032.26
06/20162.750.50030.34
03/20160.890.50087.48
12/20150.710.500122.39

Key Financial Ratios and Statistics

FYE: 06/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity4.61Total Liab/Total Assets0.71
Net Inc/Total Assets0.05Total Liab/Inv Cap0.95
Net Inc/Inv Cap0.07Total Liab/Comm Equity59.68
Pretax Inc/Net Sales0.15Interest Coverage Ratio6.26
Net Inc/Net Sales0.09Curr Debt/Equity0.22
Cash Flow/Net Sales0.10LTD/Equity1.16
SG&A/NetSales0.17Total Debt/Equity1.38
Asset Utilization   Liquidity  
Net Receivables Turnover8.45Quick Ratio0.64
Inventory Turnover4.46Current Ratio1.08
Inventory Day Sales0.01Net Rec/Curr Assets0.31
Net Sales/Work Cap40.14Inv/Curr Assets0.41
Net Sales/PP&E6.53  

Income Statement (Millions)

  9/29/2017 6/30/2017 3/31/2017 12/30/2016
Total Revenues(Net Sales) 1,413.00 1,542.00 980.00 1,958.00
Cost of Goods Sold 898.00 1,019.00 534.00 1,361.00
Selling & Admin Exps 243.00 248.00 196.00 295.00
Operating Income 272.00 275.00 250.00 302.00
Interest Exp 41.00 42.00 42.00 44.00
Pretax Income 231.00 234.00 208.00 260.00
Other Income 0.00 1.00 0.00 2.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 161.00 131.00 85.00 177.00

Balance Sheet (Millions)

Assets 9/29/2017 6/30/2017 3/31/2017 12/30/2016
Cash & Short Term Investments 388.00 484.00 302.00 361.00
Receivables - Total 730.00 647.00 782.00 773.00
Inventories - Total 896.00 841.00 894.00 1,001.00
Total Current Assets 2,127.00 2,073.00 2,876.00 2,612.00
Net Property, Plant & Equipment 890.00 904.00 895.00 908.00
Total Assets 10,099.00 10,090.00 11,107.00 11,618.00
Liabilities        
Accounts Payable 1,316.00 1,280.00 1,192.00 1,285.00
Debt in Current Liabilities 602.00 634.00 354.00 313.00
Total Current Liabilities 1,918.00 1,926.00 1,732.00 1,665.00
Long-Term Debt 3,395.00 3,396.00 3,859.00 4,087.00
Total Liabilities 7,112.00 7,162.00 8,193.00 8,460.00
Stockholder's Equity        
Minority Interest NA 0.00 0.00 1.00
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 119.00 120.00 122.00 124.00
Retained Earnings 1,387.00 1,343.00 1,554.00 1,495.00
Treasury Stock NA NA NA NA
Total Stockholders' Equity 2,987.00 2,928.00 2,914.00 3,157.00
Total Liabilities and Stockholders' Equity 10,099.00 10,090.00 11,107.00 11,617.00

Cash Flow Summary (Millions)

Categories 9/29/2017 6/30/2017 3/31/2017 12/30/2016
Net Cash Provided by Operating Activities 95.00 80.00 194.00 252.00
Net Cash Provided by Investing Activities -23.00 599.00 345.00 -28.00
Net Cash Provided by Financing Activities -174.00 -496.00 -601.00 -140.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
06/20135,112.00113.004.16
06/20145,012.00535.005.00
06/20153,885.00334.003.11
06/20165,992.00324.002.75
06/20175,900.00553.005.12
Growth Rates3.6548.735.33

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17660104,08187.32




Report Date : 12/11/2017

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