Company Information

  

Address: 600 THIRD AVENUE
34TH FLOOR 
City: NEW YORK 
State: NY 
Zip Code: 10016 
Telephone: 212-697-1111 

Description of Business

Primary SIC Code: 3663
(As filed with the SEC)  

L3 Technologies, Inc. (L3 Technologies, Inc. and, together with our subsidiaries, referred to herein as L3) is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment (including modifications and fleet management of special mission aircraft), simulation and training, night vision and image intensification equipment, and security and detection systems. L3 is also a leading provider of a broad range of communication, electronic and sensor systems used on military, homeland security and commercial platforms. Our customers include the United States (U.S.) Department of Defense (DoD) and its prime contractors, U.S. Government intelligence agencies, the U.S. Department of Homeland Security (DHS), foreign governments, and domestic and foreign commercial customers. For the year ended December 31, 2017, we generated sales of $9,573 million, operating income of $1,020 million and cash from continuing operations of $985 million.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20189.870.80021.07
12/20179.460.75020.91
09/20176.740.75027.96
06/20178.870.75018.84
03/20178.200.75020.16
12/20168.210.70018.53
09/20165.13NA29.38

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.76Total Liab/Total Assets0.60
Net Inc/Total Assets0.05Total Liab/Inv Cap0.74
Net Inc/Inv Cap0.07Total Liab/Comm Equity-8.64
Pretax Inc/Net Sales0.09Interest Coverage Ratio6.15
Net Inc/Net Sales0.07Curr Debt/EquityNA
Cash Flow/Net Sales0.10LTD/Equity0.66
SG&A/NetSalesNATotal Debt/Equity0.66
Asset Utilization   Liquidity  
Net Receivables Turnover3.67Quick Ratio1.71
Inventory Turnover23.79Current Ratio1.87
Inventory Day Sales0.06Net Rec/Curr Assets0.60
Net Sales/Work Cap4.63Inv/Curr Assets0.09
Net Sales/PP&E8.62  

Income Statement (Millions)

  3/30/2018 12/31/2017 9/29/2017 6/30/2017
Total Revenues(Net Sales) 2,371.00 1,526.00 2,646.00 3,080.00
Cost of Goods Sold 1,723.00 1,321.00 2,396.00 3,110.00
Selling & Admin Exps 397.00 NA NA -358.00
Operating Income 251.00 392.00 63.00 328.00
Interest Exp 41.00 41.00 43.00 43.00
Pretax Income 216.00 356.00 26.00 290.00
Other Income 6.00 5.00 6.00 5.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 203.00 289.00 22.00 202.00

Balance Sheet (Millions)

Assets 3/30/2018 12/31/2017 9/29/2017 6/30/2017
Cash & Short Term Investments 374.00 662.00 439.00 385.00
Receivables - Total 798.00 2,656.00 3,049.00 3,043.00
Inventories - Total 994.00 389.00 392.00 355.00
Total Current Assets 4,480.00 4,448.00 4,099.00 4,021.00
Net Property, Plant & Equipment 1,131.00 1,110.00 1,145.00 1,113.00
Total Assets 12,873.00 12,729.00 12,468.00 12,432.00
Liabilities        
Accounts Payable 1,236.00 1,769.00 1,917.00 1,769.00
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 2,335.00 2,379.00 2,283.00 2,195.00
Long-Term Debt 3,331.00 3,330.00 3,329.00 3,327.00
Total Liabilities 7,620.00 7,646.00 7,469.00 7,456.00
Stockholder's Equity        
Minority Interest 67.00 68.00 70.00 71.00
Preferred Stock NA NA NA NA
Common Stock 6,607.00 6,519.00 6,458.00 6,396.00
Retained Earnings 6,814.00 6,659.00 6,429.00 6,466.00
Treasury Stock -7,523.00 -7,404.00 -7,315.00 -7,250.00
Total Stockholders' Equity 5,253.00 5,083.00 4,999.00 4,976.00
Total Liabilities and Stockholders' Equity 12,873.00 12,729.00 12,468.00 12,432.00

Cash Flow Summary (Millions)

Categories 3/30/2018 12/31/2017 9/29/2017 6/30/2017
Net Cash Provided by Operating Activities -35.00 318.00 316.00 265.00
Net Cash Provided by Investing Activities -83.00 -87.00 -157.00 -51.00
Net Cash Provided by Financing Activities -146.00 -127.00 -109.00 -67.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201311,420.00751.00--
12/201410,986.00664.00--
12/20159,231.00-240.00--
12/20169,210.00710.008.21
12/20179,573.00677.009.46
Growth Rates-4.31----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1864263,85981.37




Report Date : 7/16/2018

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