AMTM vs LHX vs ESLT Stock Comparison

Amentum Holdings, L3Harris Technologies and Elbit Systems Prices as of Oct 27, 2026 Peers: Industry group
ESLT Elbit Systems Ltd
$790.00 +7.5% 1M +62.2% 1Y
Market cap
$35.55B
P/E
55.9x
Revenue (TTM)
$8.55B
Div. yield
0.00%
Defense Industrials
5 wins

Head to Head

11 decided of 12

Elbit Systems leads on 5 of the 12 questions below (Elbit Systems 5, L3Harris Technologies 3, Amentum Holdings 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMTMLHXESLTLeader
Larger companyMarket capitalisation $5.28B $48.18B $35.55B LHX
Cheaper on earningsLower P/E, profitable companies only 25.9x 25.9x 55.9x AMTM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.6x 22.7x 56.7x AMTM
Faster revenue growthRevenue growth, trailing twelve months +11.4% +83.2% +13.7% LHX
More profitableNet margin, trailing twelve months 1.4% 4.8% 7.4% ESLT
Better return on capitalReturn on invested capital 5.1% 11.8% 17.8% ESLT
Less leveragedLower net debt / EBITDA 3.2x 1.8x -0.9x ESLT
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months -3.2% -10.9% +62.2% ESLT
Better 5-year returnAnnualised price return, 5 years — +3.0%/yr +38.5%/yr ESLT
Less volatileAnnualised volatility, 1 year 46.4% 28.6% 44.7% LHX
Higher overall scoreMean of the five percentile scores vs peers 69/100 67/100 60/100 AMTM

Percentile Scorecard

AMTMLHXESLT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMTMLHXESLT
Valuation 100 #1 of 100 93 #8 of 100 44 #56 of 100
Growth 95 #6 of 97 81 #19 of 97 88 #13 of 97
Profitability 57 #42 of 96 74 #26 of 96 73 #27 of 96
Financial Health 24 #80 of 105 36 #68 of 105 58 #45 of 105
Shareholder Returns – 53 #31 of 65 36 #42 of 65
Overall 69 67 60
  • AMTM ranked among 107 companies in Aerospace and Defense
  • LHX ranked among 107 companies in Aerospace and Defense
  • ESLT ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMTMLHXESLTSPY
1 month +13.3%+9.1%+7.5% -0.2%
3 months -7.3%-15.0%-3.5% +3.9%
6 months -16.0%-20.2%-5.3% +8.2%
Year to date -25.0%-11.7%+36.7% +12.9%
1 year -3.2%-10.9%+62.2% +12.3%
3 years —+51.7%+324.9% +87.4%
3 years, per year —+14.9%+62.0% +23.3%
5 years —+15.8%+409.3% +67.9%
5 years, per year —+3.0%+38.5% +10.9%
10 years —+191.4%+705.8% +261.1%
10 years, per year —+11.3%+23.2% +13.7%

Risk

MeasureAMTMLHXESLTSPY
Volatility, 1Y 46.4%28.6%44.7% 12.7%
Downside volatility, 1Y 43.6%29.0%39.8% 12.7%
Beta vs S&P 500, 1Y 1.120.190.71 1.00
Return / volatility, 1Y -0.07-0.381.39 0.97
Max drawdown, 5Y -51.7%-40.4%-35.5% -25.4%
From 52-week high -42.0%-31.5%-22.1% -1.2%
52-week high $37.53$378.48$1,014.33 $779.14
52-week low $18.12$233.68$454.95 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMTMLHXESLT
P/E now vs peer median 26.0xmedian 26.5x 26.0xmedian 26.5x 56.8xmedian 26.5x
P/S now vs peer median 0.4xmedian 3.0x 1.2xmedian 3.0x 4.3xmedian 3.0x
EV/EBITDA now vs peer median 8.4xmedian 14.6x 11.1xmedian 14.6x 37.0xmedian 14.6x
P/FCF now vs peer median 11.2xmedian 26.4x 17.2xmedian 26.4x 37.0xmedian 26.4x
P/B now vs peer median 1.1xmedian 2.5x 2.4xmedian 2.5x 8.3xmedian 2.5x
PEG now vs peer median —median 0.90 0.79median 0.90 1.80median 0.90

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMTMLHXESLT
Revenue $14.13B $39.15B $8.55B
Gross profit $1.45B $10.02B $2.14B
Operating income $596.00M $4.04B $787.82M
Net income $204.00M $1.87B $636.61M
Free cash flow $474.00M $2.81B $992.19M
R&D – – $582.72M
EPS (diluted) $0.83 $9.93 $13.56
Cash & equivalents $459.00M $1.52B $255.34M
Total debt $3.83B $11.00B $92.13M
Shares (diluted) 245.00M 187.30M 46.92M
Enterprise value $3.71B $44.66B $32.11B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMTMLHXESLT
P/E 26.0x 26.0x 56.8x
P/FCF 11.2x 17.2x 37.0x
P/Operating cash flow 10.5x 14.7x 37.0x
P/S 0.4x 1.2x 4.3x
P/B 1.1x 2.4x 8.3x
P/Tangible book 1.7x 3.6x 8.3x
EV/EBITDA 8.4x 11.1x 37.0x
EV/EBIT 14.6x 14.3x 45.5x
EV/Revenue 0.6x 1.5x 4.2x
EV/FCF 18.3x 20.6x 36.1x
EV/Operating cash flow 17.2x 17.5x 36.1x
PEG (3Y EPS CAGR) – 0.79 1.80

Growth

14 metrics
MetricAMTMLHXESLT
Revenue growth (1Y) 11.4% 83.2% 13.7%
Revenue CAGR (3Y) – 29.6% 14.4%
Gross profit growth (1Y) 11.9% 82.2% 18.5%
Gross profit CAGR (3Y) – 27.7% 14.1%
Operating income growth (1Y) 60.2% 86.9% 37.1%
Operating income CAGR (3Y) – 32.2% 26.5%
Net income growth (1Y) 240.0% 10.0% 58.0%
Net income CAGR (3Y) – 32.5% 33.7%
EPS growth (1Y) 289.1% 9.9% 50.8%
EPS CAGR (3Y) – 33.0% 31.5%
Operating cash flow growth (1Y) 215.6% 31.3% 22.1%
Operating cash flow CAGR (3Y) – 15.5% 82.7%
Free cash flow growth (1Y) 243.5% 29.8% 105.8%
Free cash flow CAGR (3Y) – 15.2% 175.7%

Profitability

14 metrics
MetricAMTMLHXESLT
Gross margin 10.2% 25.6% 25.0%
EBITDA margin 7.3% 13.4% 11.3%
Operating margin 4.2% 10.3% 9.2%
Pretax margin 1.9% 9.7% 8.1%
Net margin 1.4% 4.8% 7.4%
FCF margin 3.4% 7.2% 11.6%
Operating cash flow margin 3.6% 8.4% 11.6%
Return on equity 4.2% 9.5% 14.7%
Return on assets 1.8% 4.4% 4.7%
Return on invested capital 5.1% 11.8% 17.8%
Return on capital employed 6.6% 12.0% 11.0%
Asset turnover 1.3x 0.9x 0.6x
Cash conversion (OCF / net income) 2.5x 1.8x 1.6x
Stock comp / revenue 0.2% 0.3% 0.3%

Financial Health

11 metrics
MetricAMTMLHXESLT
Debt / assets 34.2% 25.6% 0.7%
Debt / equity 0.8x 0.6x 0.0x
Net debt / EBITDA 3.2x 1.8x -0.9x
Debt / FCF 8.1x 3.9x 0.1x
Liabilities / assets 57.2% 53.7% 68.2%
Equity / assets 42.8% 46.3% 31.8%
Interest coverage – – –
Current ratio 1.5x 1.2x 1.4x
Quick ratio 1.9x 0.8x 0.8x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 2.01 2.68 –

Shareholder Returns

7 metrics
MetricAMTMLHXESLT
Dividend yield – 1.9% 0.5%
Net buyback yield – 1.9% 0.0%
Shareholder yield – 3.8% 0.5%
Payout ratio (earnings) – 49.1% 22.7%
Payout ratio (FCF) – 32.8% 14.5%
Dividend growth (1Y) – 2.9% -54.3%
Dividend CAGR (3Y) – 2.1% -17.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMTMLHXESLT
Forward P/E 8.6xFY2026 22.7xFY2026 56.7xFY2026
EPS, next fiscal year $2.52FY2026 $11.44FY2026 $13.93FY2026
EPS growth, next FY +13.5%FY2026 +6.6%FY2026 +22.3%FY2026
EPS growth, the year after +11.5% +10.6% +21.8%
Revenue, next fiscal year $12.96BFY2026 $24.16BFY2026 $8.84BFY2026
Revenue growth, next FY -9.9%FY2026 +10.5%FY2026 +11.3%FY2026
Revenue growth, the year after +3.3% +0.3% +21.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMTMLHXESLT
Held by institutions 89.7% 87.5% 19.9%
Institutions holding 463 1,691 384
Change in shares held, QoQ +3.7% -0.5% -7.1%
Institutions buying 210 847 202
Institutions selling 154 570 106
Buyers to sellers 1.36 1.49 1.91

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMTMLHXESLT
AMTM 1.00 0.40 0.22
LHX 0.40 1.00 0.41
ESLT 0.22 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMTM, LHX and ESLT?

L3Harris Technologies (LHX) is the largest by market capitalisation: Amentum Holdings (AMTM) $5.28B, L3Harris Technologies (LHX) $48.18B, Elbit Systems (ESLT) $35.55B.

Which stock is cheaper, AMTM, LHX and ESLT?

Amentum Holdings (AMTM) trades on the lowest price-to-earnings ratio (Amentum Holdings (AMTM) 25.9x, L3Harris Technologies (LHX) 25.9x, Elbit Systems (ESLT) 55.9x). On next year's consensus earnings, Amentum Holdings (AMTM) is cheapest (Amentum Holdings (AMTM) 8.6x, L3Harris Technologies (LHX) 22.7x, Elbit Systems (ESLT) 56.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

L3Harris Technologies (LHX) grew revenue fastest over the trailing twelve months: Amentum Holdings (AMTM) +11.4%, L3Harris Technologies (LHX) +83.2%, Elbit Systems (ESLT) +13.7%.

Which company is more profitable?

Elbit Systems (ESLT) has the highest net margin (Amentum Holdings (AMTM) 1.4%, L3Harris Technologies (LHX) 4.8%, Elbit Systems (ESLT) 7.4%). On return on invested capital, Elbit Systems (ESLT) leads (Amentum Holdings (AMTM) 5.1%, L3Harris Technologies (LHX) 11.8%, Elbit Systems (ESLT) 17.8%).

Which stock has performed better?

Over the past year Elbit Systems (ESLT) returned the most: Amentum Holdings (AMTM) -3.2%, L3Harris Technologies (LHX) -10.9%, Elbit Systems (ESLT) +62.2%. Over five years, Elbit Systems (ESLT) compounded fastest (L3Harris Technologies (LHX) +3.0%/yr, Elbit Systems (ESLT) +38.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Amentum Holdings (AMTM) 0.00%, L3Harris Technologies (LHX) 0.02%, Elbit Systems (ESLT) 0.00%. Amentum Holdings (AMTM) and Elbit Systems (ESLT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, L3Harris Technologies (LHX) has been the steadiest (Amentum Holdings (AMTM) 46.4%, L3Harris Technologies (LHX) 28.6%, Elbit Systems (ESLT) 44.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMTM, LHX and ESLT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Elbit Systems (ESLT) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.