The Melbourne, Florida-based company is a defense contractor and works with information technology services. It specializes in surveillence solutions, microwave weaponry, and electronic warfares. Wired Magazine ranked Harris, along with the U.S. Marshals service, as the number two threat to privacy and communications on the Internet. The company is known to help conceal information of law enforcement's use of "the stingray," which uses mobile phones to track locations.
Company Info
CEO | William M. Brown |
CEO Title | Chairman, President & Chief Executive Officer |
Sector | Technology |
Industry | Network and Other Communications Equipment |
HQ Location | Melbourne, FL |
Website | www.harris.com |
Years on Fortune 500 List | 13 |
Employees | 21,000 |
Key Financials (Last Fiscal Year)
Revenues ($M) | $7,527 |
Profits ($M) | $324 |
Assets ($M) | $11,996 |
Total Stockholder Equity ($M) | $3,056 |
Market Value — as of March 31, 2017 ($M) | $13,849 |
Profit Ratios
Profit as % of Revenues | 4.3% |
Profits as % of Assets | 2.7% |
Profits as % of Stockholder Equity | 10.6% |
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($) | 259 |
EPS % Change (from 2015) | -16.7% |
EPS % Change (5 year annual rate) | -10.9% |
EPS % Change (10 year annual rate) | 4.2% |
Total Return
Total Return to Investors (2016) | 20.7% |
Total Return to Investors (5 year, annualized) | 26.6% |
Total Return to Investors (10 year, annualized) | 11.3% |