LHX vs. LH
Compare and contrast key facts about L3Harris Technologies, Inc. (LHX) and Laboratory Corporation of America Holdings (LH).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LHX or LH.
Correlation
The correlation between LHX and LH is 0.38, 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
LHX vs. LH - Performance Comparison
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Key characteristics
LHX:
0.27
LH:
0.77
LHX:
0.56
LH:
1.35
LHX:
1.07
LH:
1.16
LHX:
0.24
LH:
0.74
LHX:
0.48
LH:
3.31
LHX:
12.91%
LH:
5.94%
LHX:
21.88%
LH:
24.33%
LHX:
-65.58%
LH:
-96.05%
LHX:
-11.98%
LH:
-4.02%
Fundamentals
LHX:
$42.41B
LH:
$20.61B
LHX:
$8.43
LH:
$8.67
LHX:
26.91
LH:
28.40
LHX:
0.34
LH:
0.93
LHX:
2.00
LH:
1.56
LHX:
2.22
LH:
2.48
LHX:
$21.25B
LH:
$13.18B
LHX:
$5.33B
LH:
$3.61B
LHX:
$3.74B
LH:
$1.80B
Returns By Period
In the year-to-date period, LHX achieves a 10.07% return, which is significantly higher than LH's 9.12% return. Over the past 10 years, LHX has outperformed LH with an annualized return of 13.49%, while LH has yielded a comparatively lower 9.83% annualized return.
LHX
10.07%
5.17%
-5.85%
5.78%
7.61%
13.49%
LH
9.12%
13.13%
6.71%
18.56%
12.52%
9.83%
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Risk-Adjusted Performance
LHX vs. LH — Risk-Adjusted Performance Rank
LHX
LH
LHX vs. LH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and Laboratory Corporation of America Holdings (LH). 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
LHX vs. LH - Dividend Comparison
LHX's dividend yield for the trailing twelve months is around 2.03%, more than LH's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 2.03% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% |
LH Laboratory Corporation of America Holdings | 1.15% | 1.26% | 1.18% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LHX vs. LH - Drawdown Comparison
The maximum LHX drawdown since its inception was -65.58%, smaller than the maximum LH drawdown of -96.05%. Use the drawdown chart below to compare losses from any high point for LHX and LH. For additional features, visit the drawdowns tool.
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Volatility
LHX vs. LH - Volatility Comparison
The current volatility for L3Harris Technologies, Inc. (LHX) is 4.76%, while Laboratory Corporation of America Holdings (LH) has a volatility of 8.76%. This indicates that LHX experiences smaller price fluctuations and is considered to be less risky than LH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
LHX vs. LH - Financials Comparison
This section allows you to compare key financial metrics between L3Harris Technologies, Inc. and Laboratory Corporation of America Holdings. 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
LHX vs. LH - Profitability Comparison
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%.
LH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Laboratory Corporation of America Holdings reported a gross profit of 948.00M and revenue of 3.35B. Therefore, the gross margin over that period was 28.3%.
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%.
LH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Laboratory Corporation of America Holdings reported an operating income of 326.00M and revenue of 3.35B, resulting in an operating margin of 9.8%.
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%.
LH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Laboratory Corporation of America Holdings reported a net income of 212.80M and revenue of 3.35B, resulting in a net margin of 6.4%.