AIR vs. LHX
Compare and contrast key facts about AAR Corp. (AIR) and L3Harris Technologies, Inc. (LHX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIR or LHX.
Key characteristics
| AIR | LHX | |
|---|---|---|
| YTD Return | -2.05% | -4.37% |
| 1Y Return | 12.50% | 1.38% |
| 3Y Return (Ann) | 14.60% | 0.41% |
| 5Y Return (Ann) | 13.47% | 5.93% |
| 10Y Return (Ann) | 9.28% | 13.04% |
| Sharpe Ratio | 0.46 | 0.11 |
| Daily Std Dev | 28.34% | 21.59% |
| Max Drawdown | -89.04% | -65.67% |
| Current Drawdown | -15.44% | -22.29% |
Fundamentals
| AIR | LHX | |
|---|---|---|
| Market Cap | $2.12B | $40.51B |
| EPS | $1.69 | $6.44 |
| PE Ratio | 35.43 | 33.09 |
| PEG Ratio | 2.41 | 0.94 |
| Revenue (TTM) | $2.22B | $19.42B |
| Gross Profit (TTM) | $371.30M | $4.93B |
| EBITDA (TTM) | $192.50M | $3.48B |
Correlation
The correlation between AIR and LHX is 0.31, 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.
Performance
AIR vs. LHX - Performance Comparison
In the year-to-date period, AIR achieves a -2.05% return, which is significantly higher than LHX's -4.37% return. Over the past 10 years, AIR has underperformed LHX with an annualized return of 9.28%, while LHX has yielded a comparatively higher 13.04% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
AIR vs. LHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AAR Corp. (AIR) 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.
Dividends
AIR vs. LHX - Dividend Comparison
AIR has not paid dividends to shareholders, while LHX's dividend yield for the trailing twelve months is around 2.29%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIR AAR Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.67% | 0.80% | 0.76% | 0.91% | 1.14% | 1.08% | 1.07% |
LHX L3Harris Technologies, Inc. | 2.29% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% | 2.26% |
Drawdowns
AIR vs. LHX - Drawdown Comparison
The maximum AIR drawdown since its inception was -89.04%, which is greater than LHX's maximum drawdown of -65.67%. Use the drawdown chart below to compare losses from any high point for AIR and LHX. For additional features, visit the drawdowns tool.
Volatility
AIR vs. LHX - Volatility Comparison
AAR Corp. (AIR) has a higher volatility of 8.20% compared to L3Harris Technologies, Inc. (LHX) at 4.63%. This indicates that AIR'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.