Correlation
The correlation between AHT.L and LHX is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
AHT.L vs. LHX
Compare and contrast key facts about Ashtead Group plc (AHT.L) and L3Harris Technologies, Inc. (LHX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AHT.L or LHX.
Performance
AHT.L vs. LHX - Performance Comparison
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Key characteristics
AHT.L:
-0.70
LHX:
0.69
AHT.L:
-0.85
LHX:
0.87
AHT.L:
0.89
LHX:
1.11
AHT.L:
-0.54
LHX:
0.43
AHT.L:
-1.17
LHX:
0.87
AHT.L:
19.76%
LHX:
13.00%
AHT.L:
31.75%
LHX:
22.43%
AHT.L:
-98.94%
LHX:
-65.58%
AHT.L:
-32.42%
LHX:
-6.93%
Fundamentals
AHT.L:
£18.52B
LHX:
$46.34B
AHT.L:
£2.57
LHX:
$8.31
AHT.L:
16.78
LHX:
29.41
AHT.L:
1.24
LHX:
0.36
AHT.L:
1.70
LHX:
2.18
AHT.L:
3.31
LHX:
2.39
AHT.L:
£8.26B
LHX:
$21.25B
AHT.L:
£7.29B
LHX:
$5.33B
AHT.L:
£3.86B
LHX:
$3.74B
Returns By Period
In the year-to-date period, AHT.L achieves a -12.88% return, which is significantly lower than LHX's 16.39% return. Over the past 10 years, AHT.L has outperformed LHX with an annualized return of 15.88%, while LHX has yielded a comparatively lower 13.98% annualized return.
AHT.L
-12.88%
7.69%
-31.48%
-22.42%
2.11%
14.01%
15.88%
LHX
16.39%
10.03%
-0.23%
15.41%
2.54%
6.20%
13.98%
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Risk-Adjusted Performance
AHT.L vs. LHX — Risk-Adjusted Performance Rank
AHT.L
LHX
AHT.L vs. LHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashtead Group plc (AHT.L) and L3Harris Technologies, Inc. (LHX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
AHT.L vs. LHX - Dividend Comparison
AHT.L's dividend yield for the trailing twelve months is around 2.25%, more than LHX's 1.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AHT.L Ashtead Group plc | 2.25% | 1.62% | 1.45% | 1.41% | 0.71% | 1.18% | 1.66% | 2.02% | 1.38% | 1.42% | 1.36% | 1.00% |
LHX L3Harris Technologies, Inc. | 1.92% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% |
Drawdowns
AHT.L vs. LHX - Drawdown Comparison
The maximum AHT.L drawdown since its inception was -98.94%, which is greater than LHX's maximum drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for AHT.L and LHX.
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Volatility
AHT.L vs. LHX - Volatility Comparison
Ashtead Group plc (AHT.L) has a higher volatility of 8.27% compared to L3Harris Technologies, Inc. (LHX) at 6.57%. This indicates that AHT.L's price experiences larger fluctuations and is considered to be riskier than LHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
AHT.L vs. LHX - Financials Comparison
This section allows you to compare key financial metrics between Ashtead Group plc and L3Harris Technologies, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AHT.L vs. LHX - Profitability Comparison
AHT.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ashtead Group plc reported a gross profit of 2.27B and revenue of 2.57B. Therefore, the gross margin over that period was 88.3%.
LHX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, L3Harris Technologies, Inc. reported a gross profit of 1.35B and revenue of 5.13B. Therefore, the gross margin over that period was 26.3%.
AHT.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ashtead Group plc reported an operating income of 549.80M and revenue of 2.57B, resulting in an operating margin of 21.4%.
LHX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, L3Harris Technologies, Inc. reported an operating income of 525.00M and revenue of 5.13B, resulting in an operating margin of 10.2%.
AHT.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ashtead Group plc reported a net income of 309.70M and revenue of 2.57B, resulting in a net margin of 12.1%.
LHX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, L3Harris Technologies, Inc. reported a net income of 386.00M and revenue of 5.13B, resulting in a net margin of 7.5%.