LH vs. LHX

In the year-to-date period, LH achieves a -0.16% return, which is significantly lower than LHX's 3.32% return. Over the past 10 years, LH has underperformed LHX with an annualized return of 8.65%, while LHX has yielded a comparatively higher 12.80% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) 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.

The current LH Sharpe Ratio is 0.46, which is higher than the LHX Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of LH and LHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

LH's dividend yield for the trailing twelve months is around 1.26%, less than LHX's 2.17% yield.

The maximum LH drawdown since its inception was -96.05%, which is greater than LHX's maximum drawdown of -65.58%. Use the drawdown chart below to compare losses from any high point for LH and LHX. For additional features, visit the drawdowns tool.

Laboratory Corporation of America Holdings (LH) has a higher volatility of 11.83% compared to L3Harris Technologies, Inc. (LHX) at 9.60%. This indicates that LH'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.

This section allows you to compare key financial metrics between Laboratory Corporation of America Holdings 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.