AMTM vs LHX vs GD Stock Comparison

Amentum Holdings, L3Harris Technologies and General Dynamics Prices as of Oct 28, 2026 Peers: Industry group
GD General Dynamics Corp
$354.39 +6.1% 1M +2.2% 1Y
Market cap
$95.88B
P/E
21.3x
Revenue (TTM)
$54.86B
Div. yield
1.77%
Defense Industrials
9 wins

Head to Head

12 decided of 12

General Dynamics leads on 9 of the 12 questions below (General Dynamics 9, L3Harris Technologies 2, Amentum Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMTMLHXGDLeader
Larger companyMarket capitalisation $5.30B $48.55B $95.88B GD
Cheaper on earningsLower P/E, profitable companies only 25.9x 26.1x 21.3x GD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.6x 22.8x 20.2x AMTM
Faster revenue growthRevenue growth, trailing twelve months +11.4% +83.2% +9.1% LHX
More profitableNet margin, trailing twelve months 1.4% 4.8% 8.2% GD
Better return on capitalReturn on invested capital 5.1% 11.8% 13.6% GD
Less leveragedLower net debt / EBITDA 3.2x 1.8x 0.5x GD
Higher dividend yieldTrailing dividend yield — 1.90% 1.77% LHX
Better 1-year returnPrice return, last 12 months -0.9% -9.3% +2.2% GD
Better 5-year returnAnnualised price return, 5 years — +2.5%/yr +11.8%/yr GD
Less volatileAnnualised volatility, 1 year 46.3% 28.6% 22.1% GD
Higher overall scoreMean of the five percentile scores vs peers 69/100 67/100 71/100 GD

Percentile Scorecard

AMTMLHXGD

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

AxisAMTMLHXGD
Valuation 100 #1 of 100 92 #9 of 100 86 #15 of 100
Growth 95 #6 of 97 81 #19 of 97 43 #56 of 97
Profitability 56 #43 of 96 73 #27 of 96 79 #21 of 96
Financial Health 24 #80 of 105 35 #69 of 105 62 #41 of 105
Shareholder Returns – 55 #30 of 65 88 #9 of 65
Overall 69 67 71
  • AMTM ranked among 107 companies in Aerospace and Defense
  • LHX ranked among 107 companies in Aerospace and Defense
  • GD 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

PeriodAMTMLHXGDSPY
1 month +17.4%+9.7%+6.1% +0.9%
3 months -0.6%-12.4%-7.1% +5.9%
6 months -14.4%-18.9%+4.6% +8.5%
Year to date -25.2%-11.2%+5.3% +13.3%
1 year -0.9%-9.3%+2.2% +12.4%
3 years —+52.5%+48.7% +88.1%
3 years, per year —+15.1%+14.2% +23.5%
5 years —+13.1%+74.8% +68.2%
5 years, per year —+2.5%+11.8% +11.0%
10 years —+191.7%+133.9% +263.4%
10 years, per year —+11.3%+8.9% +13.8%

Risk

MeasureAMTMLHXGDSPY
Volatility, 1Y 46.3%28.6%22.1% 12.7%
Downside volatility, 1Y 43.5%29.0%20.7% 12.7%
Beta vs S&P 500, 1Y 1.120.200.33 1.00
Return / volatility, 1Y -0.02-0.320.10 0.98
Max drawdown, 5Y -51.7%-40.4%-23.0% -25.4%
From 52-week high -42.2%-31.1%-10.5% -0.9%
52-week high $37.53$378.48$395.97 $779.14
52-week low $18.12$233.68$312.53 $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.

MultipleAMTMLHXGD
P/E now vs peer median 25.9xmedian 26.4x 26.1xmedian 26.4x 21.3xmedian 26.4x
P/S now vs peer median 0.4xmedian 3.0x 1.2xmedian 3.0x 1.7xmedian 3.0x
EV/EBITDA now vs peer median 8.3xmedian 14.5x 11.1xmedian 14.5x 15.1xmedian 14.5x
P/FCF now vs peer median 11.2xmedian 26.1x 17.3xmedian 26.1x 14.9xmedian 26.1x
P/B now vs peer median 1.1xmedian 2.5x 2.4xmedian 2.5x 3.6xmedian 2.5x
PEG now vs peer median —median 0.90 0.79median 0.90 2.08median 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 monthsAMTMLHXGD
Revenue $14.13B $39.15B $54.86B
Gross profit $1.45B $10.02B $8.44B
Operating income $596.00M $4.04B $5.66B
Net income $204.00M $1.87B $4.49B
Free cash flow $474.00M $2.81B $6.45B
EPS (diluted) $0.83 $9.93 $16.40
Cash & equivalents $459.00M $1.52B $4.33B
Total debt $3.83B $11.00B $7.52B
Shares (diluted) 245.00M 187.30M 273.52M
Enterprise value $3.82B $46.00B $83.00B

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
MetricAMTMLHXGD
P/E 25.9x 26.1x 21.3x
P/FCF 11.2x 17.3x 14.9x
P/Operating cash flow 10.5x 14.7x 12.4x
P/S 0.4x 1.2x 1.7x
P/B 1.1x 2.4x 3.6x
P/Tangible book 1.7x 3.6x 3.8x
EV/EBITDA 8.3x 11.1x 15.1x
EV/EBIT 14.5x 14.4x 17.5x
EV/Revenue 0.6x 1.5x 1.8x
EV/FCF 18.3x 20.7x 15.4x
EV/Operating cash flow 17.2x 17.6x 12.9x
PEG (3Y EPS CAGR) – 0.79 2.08

Growth

14 metrics
MetricAMTMLHXGD
Revenue growth (1Y) 11.4% 83.2% 9.1%
Revenue CAGR (3Y) – 29.6% 10.3%
Gross profit growth (1Y) 11.9% 82.2% 8.9%
Gross profit CAGR (3Y) – 27.7% 8.6%
Operating income growth (1Y) 60.2% 86.9% 9.4%
Operating income CAGR (3Y) – 32.2% 10.3%
Net income growth (1Y) 240.0% 10.0% 9.8%
Net income CAGR (3Y) – 32.5% 10.0%
EPS growth (1Y) 289.1% 9.9% 8.8%
EPS CAGR (3Y) – 33.0% 10.2%
Operating cash flow growth (1Y) 215.6% 31.3% –
Operating cash flow CAGR (3Y) – 15.5% 23.0%
Free cash flow growth (1Y) 243.5% 29.8% –
Free cash flow CAGR (3Y) – 15.2% 28.7%

Profitability

14 metrics
MetricAMTMLHXGD
Gross margin 10.2% 25.6% 15.4%
EBITDA margin 7.3% 13.4% 12.0%
Operating margin 4.2% 10.3% 10.3%
Pretax margin 1.9% 9.7% 9.9%
Net margin 1.4% 4.8% 8.2%
FCF margin 3.4% 7.2% 11.8%
Operating cash flow margin 3.6% 8.4% 14.0%
Return on equity 4.2% 9.5% 17.0%
Return on assets 1.8% 4.4% 7.5%
Return on invested capital 5.1% 11.8% 13.6%
Return on capital employed 6.6% 12.0% 13.9%
Asset turnover 1.3x 0.9x 0.9x
Cash conversion (OCF / net income) 2.5x 1.8x 1.7x
Stock comp / revenue 0.2% 0.3% 0.4%

Financial Health

11 metrics
MetricAMTMLHXGD
Debt / assets 34.2% 25.6% 12.5%
Debt / equity 0.8x 0.6x 0.3x
Net debt / EBITDA 3.2x 1.8x 0.5x
Debt / FCF 8.1x 3.9x 1.2x
Liabilities / assets 57.2% 53.7% 55.4%
Equity / assets 42.8% 46.3% 44.6%
Interest coverage – – –
Current ratio 1.5x 1.2x 1.4x
Quick ratio 1.9x 0.8x 2.8x
Cash ratio 0.2x 0.2x 0.2x
Altman Z-score 2.01 2.68 4.17

Shareholder Returns

7 metrics
MetricAMTMLHXGD
Dividend yield – 1.9% 1.8%
Net buyback yield – 1.9% 0.4%
Shareholder yield – 3.8% 2.1%
Payout ratio (earnings) – 49.1% –
Payout ratio (FCF) – 32.8% –
Dividend growth (1Y) – 2.9% –
Dividend CAGR (3Y) – 2.1% –

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.

ConsensusAMTMLHXGD
Forward P/E 8.6xFY2026 22.8xFY2026 20.2xFY2026
EPS, next fiscal year $2.52FY2026 $11.44FY2026 $17.56FY2026
EPS growth, next FY +13.5%FY2026 +6.6%FY2026 +13.7%FY2026
EPS growth, the year after +11.5% +10.6% +8.9%
Revenue, next fiscal year $12.96BFY2026 $24.16BFY2026 $53.43BFY2026
Revenue growth, next FY -9.9%FY2026 +10.5%FY2026 +1.7%FY2026
Revenue growth, the year after +3.3% +0.3% +12.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMTMLHXGD
Held by institutions 89.7% 87.5% 86.5%
Institutions holding 463 1,691 2,219
Change in shares held, QoQ +3.7% -0.5% +0.1%
Institutions buying 210 847 1,019
Institutions selling 154 570 832
Buyers to sellers 1.36 1.49 1.22

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.

AMTMLHXGD
AMTM 1.00 0.40 0.38
LHX 0.40 1.00 0.61
GD 0.38 0.61 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMTM, LHX and GD?

General Dynamics (GD) is the largest by market capitalisation: Amentum Holdings (AMTM) $5.30B, L3Harris Technologies (LHX) $48.55B, General Dynamics (GD) $95.88B.

Which stock is cheaper, AMTM, LHX and GD?

General Dynamics (GD) trades on the lowest price-to-earnings ratio (Amentum Holdings (AMTM) 25.9x, L3Harris Technologies (LHX) 26.1x, General Dynamics (GD) 21.3x). On next year's consensus earnings, Amentum Holdings (AMTM) is cheapest (Amentum Holdings (AMTM) 8.6x, L3Harris Technologies (LHX) 22.8x, General Dynamics (GD) 20.2x). 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%, General Dynamics (GD) +9.1%.

Which company is more profitable?

General Dynamics (GD) has the highest net margin (Amentum Holdings (AMTM) 1.4%, L3Harris Technologies (LHX) 4.8%, General Dynamics (GD) 8.2%). On return on invested capital, General Dynamics (GD) leads (Amentum Holdings (AMTM) 5.1%, L3Harris Technologies (LHX) 11.8%, General Dynamics (GD) 13.6%).

Which stock has performed better?

Over the past year General Dynamics (GD) returned the most: Amentum Holdings (AMTM) -0.9%, L3Harris Technologies (LHX) -9.3%, General Dynamics (GD) +2.2%. Over five years, General Dynamics (GD) compounded fastest (L3Harris Technologies (LHX) +2.5%/yr, General Dynamics (GD) +11.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

L3Harris Technologies (LHX) has the highest dividend yield: L3Harris Technologies (LHX) 1.90%, General Dynamics (GD) 1.77%. Amentum Holdings (AMTM) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, General Dynamics (GD) has been the steadiest (Amentum Holdings (AMTM) 46.3%, L3Harris Technologies (LHX) 28.6%, General Dynamics (GD) 22.1%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, General Dynamics (GD) leads on 9. 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.