LMT vs. LHX
Compare and contrast key facts about Lockheed Martin Corporation (LMT) and L3Harris Technologies, Inc. (LHX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LMT or LHX.
Performance
LMT vs. LHX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with LMT having a 19.46% return and LHX slightly lower at 18.78%. Over the past 10 years, LMT has underperformed LHX with an annualized return of 14.16%, while LHX has yielded a comparatively higher 15.43% annualized return.
LMT
19.46%
-13.22%
15.29%
22.62%
9.22%
14.16%
LHX
18.78%
-0.99%
11.30%
34.73%
6.04%
15.43%
Fundamentals
| LMT | LHX | |
|---|---|---|
| Market Cap | $134.15B | $49.64B |
| EPS | $27.62 | $6.31 |
| PE Ratio | 20.49 | 41.48 |
| PEG Ratio | 4.67 | 1.01 |
| Total Revenue (TTM) | $71.30B | $21.14B |
| Gross Profit (TTM) | $8.62B | $5.14B |
| EBITDA (TTM) | $10.30B | $3.21B |
Key characteristics
| LMT | LHX | |
|---|---|---|
| Sharpe Ratio | 1.37 | 1.83 |
| Sortino Ratio | 1.94 | 2.55 |
| Omega Ratio | 1.28 | 1.34 |
| Calmar Ratio | 1.50 | 1.21 |
| Martin Ratio | 5.40 | 11.39 |
| Ulcer Index | 4.14% | 3.01% |
| Daily Std Dev | 16.40% | 18.74% |
| Max Drawdown | -70.23% | -65.67% |
| Current Drawdown | -13.62% | -6.78% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between LMT and LHX 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.
Risk-Adjusted Performance
LMT vs. LHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lockheed Martin Corporation (LMT) 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
LMT vs. LHX - Dividend Comparison
LMT's dividend yield for the trailing twelve months is around 2.37%, more than LHX's 1.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LMT Lockheed Martin Corporation | 2.37% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% | 3.22% |
LHX L3Harris Technologies, Inc. | 1.89% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% | 2.26% |
Drawdowns
LMT vs. LHX - Drawdown Comparison
The maximum LMT drawdown since its inception was -70.23%, which is greater than LHX's maximum drawdown of -65.67%. Use the drawdown chart below to compare losses from any high point for LMT and LHX. For additional features, visit the drawdowns tool.
Volatility
LMT vs. LHX - Volatility Comparison
Lockheed Martin Corporation (LMT) and L3Harris Technologies, Inc. (LHX) have volatilities of 7.98% and 8.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LMT vs. LHX - Financials Comparison
This section allows you to compare key financial metrics between Lockheed Martin Corporation 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