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RTX vs. LHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

RTX vs. LHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Raytheon Technologies Corporation (RTX) and L3Harris Technologies, Inc. (LHX). The values are adjusted to include any dividend payments, if applicable.

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RTX vs. LHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RTX
Raytheon Technologies Corporation
6.52%61.44%40.76%-14.44%20.01%23.27%-7.70%43.82%-14.66%19.13%
LHX
L3Harris Technologies, Inc.
20.97%42.28%1.88%3.67%-0.48%14.98%-2.76%49.21%-3.38%40.80%

Fundamentals

EPS

RTX:

$4.96

LHX:

$8.55

PE Ratio

RTX:

39.24

LHX:

41.38

PEG Ratio

RTX:

1.56

LHX:

2.21

PS Ratio

RTX:

2.98

LHX:

3.04

Total Revenue (TTM)

RTX:

$88.60B

LHX:

$21.87B

Gross Profit (TTM)

RTX:

$17.79B

LHX:

$5.27B

EBITDA (TTM)

RTX:

$13.63B

LHX:

$3.31B

Returns By Period

In the year-to-date period, RTX achieves a 6.52% return, which is significantly lower than LHX's 20.97% return. Over the past 10 years, RTX has underperformed LHX with an annualized return of 16.54%, while LHX has yielded a comparatively higher 18.59% annualized return.


RTX

1D
0.94%
1M
-8.22%
YTD
6.52%
6M
17.31%
1Y
49.05%
3Y*
28.52%
5Y*
23.02%
10Y*
16.54%

LHX

1D
2.54%
1M
-6.17%
YTD
20.97%
6M
18.69%
1Y
71.62%
3Y*
24.25%
5Y*
13.94%
10Y*
18.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

RTX vs. LHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RTX
RTX Risk / Return Rank: 8787
Overall Rank
RTX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
RTX Sortino Ratio Rank: 8282
Sortino Ratio Rank
RTX Omega Ratio Rank: 8686
Omega Ratio Rank
RTX Calmar Ratio Rank: 8787
Calmar Ratio Rank
RTX Martin Ratio Rank: 9393
Martin Ratio Rank

LHX
LHX Risk / Return Rank: 9696
Overall Rank
LHX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
LHX Sortino Ratio Rank: 9696
Sortino Ratio Rank
LHX Omega Ratio Rank: 9494
Omega Ratio Rank
LHX Calmar Ratio Rank: 9696
Calmar Ratio Rank
LHX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RTX vs. LHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Raytheon Technologies Corporation (RTX) 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.


RTXLHXDifference

Sharpe ratio

Return per unit of total volatility

1.76

2.90

-1.14

Sortino ratio

Return per unit of downside risk

2.29

3.78

-1.49

Omega ratio

Gain probability vs. loss probability

1.35

1.49

-0.14

Calmar ratio

Return relative to maximum drawdown

3.40

6.63

-3.23

Martin ratio

Return relative to average drawdown

14.15

18.54

-4.38

RTX vs. LHX - Sharpe Ratio Comparison

The current RTX Sharpe Ratio is 1.76, which is lower than the LHX Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of RTX 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.


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Sharpe Ratios by Period


RTXLHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.76

2.90

-1.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.98

0.59

+0.39

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

0.73

-0.13

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.33

+0.11

Correlation

The correlation between RTX and LHX is 0.39, 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.


Dividends

RTX vs. LHX - Dividend Comparison

RTX's dividend yield for the trailing twelve months is around 1.40%, more than LHX's 1.37% yield.


TTM20252024202320222021202020192018201720162015
RTX
Raytheon Technologies Corporation
1.40%1.46%2.14%2.76%2.14%2.33%21.21%1.96%2.66%2.13%2.39%2.66%
LHX
L3Harris Technologies, Inc.
1.37%1.64%2.21%2.17%2.15%1.91%1.80%1.45%1.86%1.55%2.01%2.23%

Drawdowns

RTX vs. LHX - Drawdown Comparison

The maximum RTX drawdown since its inception was -55.14%, smaller than the maximum LHX drawdown of -69.82%. Use the drawdown chart below to compare losses from any high point for RTX and LHX.


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Drawdown Indicators


RTXLHXDifference

Max Drawdown

Largest peak-to-trough decline

-55.14%

-69.82%

+14.68%

Max Drawdown (1Y)

Largest decline over 1 year

-14.57%

-10.86%

-3.71%

Max Drawdown (5Y)

Largest decline over 5 years

-32.84%

-38.16%

+5.32%

Max Drawdown (10Y)

Largest decline over 10 years

-51.98%

-38.16%

-13.82%

Current Drawdown

Current decline from peak

-8.22%

-6.17%

-2.05%

Average Drawdown

Average peak-to-trough decline

-13.03%

-21.36%

+8.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.50%

3.88%

-0.38%

Volatility

RTX vs. LHX - Volatility Comparison

The current volatility for Raytheon Technologies Corporation (RTX) is 6.97%, while L3Harris Technologies, Inc. (LHX) has a volatility of 7.79%. This indicates that RTX experiences smaller price fluctuations and is considered to be less risky than LHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RTXLHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.97%

7.79%

-0.82%

Volatility (6M)

Calculated over the trailing 6-month period

18.10%

20.18%

-2.08%

Volatility (1Y)

Calculated over the trailing 1-year period

27.99%

24.83%

+3.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.55%

23.68%

-0.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.56%

25.37%

+2.19%

Financials

RTX vs. LHX - Financials Comparison

This section allows you to compare key financial metrics between Raytheon Technologies 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


5.00B10.00B15.00B20.00B25.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
24.24B
5.65B
(RTX) Total Revenue
(LHX) Total Revenue
Values in USD except per share items

RTX vs. LHX - Profitability Comparison

The chart below illustrates the profitability comparison between Raytheon Technologies Corporation and L3Harris Technologies, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

5.0%10.0%15.0%20.0%25.0%30.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
19.5%
25.6%
Portfolio components
RTX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Raytheon Technologies Corporation reported a gross profit of 4.72B and revenue of 24.24B. Therefore, the gross margin over that period was 19.5%.

LHX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, L3Harris Technologies, Inc. reported a gross profit of 1.45B and revenue of 5.65B. Therefore, the gross margin over that period was 25.6%.

RTX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Raytheon Technologies Corporation reported an operating income of 2.31B and revenue of 24.24B, resulting in an operating margin of 9.5%.

LHX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, L3Harris Technologies, Inc. reported an operating income of 393.00M and revenue of 5.65B, resulting in an operating margin of 7.0%.

RTX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Raytheon Technologies Corporation reported a net income of 1.62B and revenue of 24.24B, resulting in a net margin of 6.7%.

LHX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, L3Harris Technologies, Inc. reported a net income of 300.00M and revenue of 5.65B, resulting in a net margin of 5.3%.