LHX vs. LMT
Compare and contrast key facts about L3Harris Technologies, Inc. (LHX) and Lockheed Martin Corporation (LMT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LHX or LMT.
Key characteristics
| LHX | LMT | |
|---|---|---|
| YTD Return | 26.21% | 27.34% |
| 1Y Return | 45.47% | 30.62% |
| 3Y Return (Ann) | 8.22% | 21.95% |
| 5Y Return (Ann) | 7.70% | 10.68% |
| 10Y Return (Ann) | 16.35% | 14.83% |
| Sharpe Ratio | 2.59 | 1.93 |
| Sortino Ratio | 3.61 | 2.69 |
| Omega Ratio | 1.46 | 1.40 |
| Calmar Ratio | 1.59 | 2.06 |
| Martin Ratio | 15.99 | 7.97 |
| Ulcer Index | 2.93% | 3.85% |
| Daily Std Dev | 18.05% | 15.89% |
| Max Drawdown | -65.67% | -70.23% |
| Current Drawdown | -0.95% | -7.92% |
Fundamentals
| LHX | LMT | |
|---|---|---|
| Market Cap | $49.64B | $134.15B |
| EPS | $6.31 | $27.62 |
| PE Ratio | 41.48 | 20.49 |
| PEG Ratio | 1.01 | 4.67 |
| Total Revenue (TTM) | $21.14B | $71.30B |
| Gross Profit (TTM) | $5.14B | $8.62B |
| EBITDA (TTM) | $3.21B | $10.30B |
Correlation
The correlation between LHX and LMT is 0.32, 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. LMT - Performance Comparison
The year-to-date returns for both investments are quite close, with LHX having a 26.21% return and LMT slightly higher at 27.34%. Over the past 10 years, LHX has outperformed LMT with an annualized return of 16.35%, while LMT has yielded a comparatively lower 14.83% 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
LHX vs. LMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for L3Harris Technologies, Inc. (LHX) and Lockheed Martin Corporation (LMT). 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
LHX vs. LMT - Dividend Comparison
LHX's dividend yield for the trailing twelve months is around 1.77%, less than LMT's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHX L3Harris Technologies, Inc. | 1.77% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% | 2.26% |
LMT Lockheed Martin Corporation | 2.23% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% | 3.22% |
Drawdowns
LHX vs. LMT - Drawdown Comparison
The maximum LHX drawdown since its inception was -65.67%, smaller than the maximum LMT drawdown of -70.23%. Use the drawdown chart below to compare losses from any high point for LHX and LMT. For additional features, visit the drawdowns tool.
Volatility
LHX vs. LMT - Volatility Comparison
The current volatility for L3Harris Technologies, Inc. (LHX) is 6.24%, while Lockheed Martin Corporation (LMT) has a volatility of 7.63%. This indicates that LHX experiences smaller price fluctuations and is considered to be less risky than LMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LHX vs. LMT - Financials Comparison
This section allows you to compare key financial metrics between L3Harris Technologies, Inc. and Lockheed Martin Corporation. 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