LHX vs GD vs TDY Stock Comparison

L3Harris Technologies, General Dynamics and Teledyne Technologies Prices as of Oct 29, 2026 Peers: Industry group
GD General Dynamics Corp
$371.29 +11.7% 1M +8.1% 1Y
Market cap
$100.63B
P/E
22.4x
Revenue (TTM)
$54.86B
Div. yield
–
Defense Industrials
9 wins

Head to Head

11 decided of 12

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

QuestionLHXGDTDYLeader
Larger companyMarket capitalisation $51.63B $100.63B $30.31B GD
Cheaper on earningsLower P/E, profitable companies only 23.9x 22.4x 29.5x GD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.4x 21.1x 26.0x GD
Faster revenue growthRevenue growth, trailing twelve months — +9.1% +8.6% GD
More profitableNet margin, trailing twelve months — 8.2% 15.8% TDY
Better return on capitalReturn on invested capital — 13.6% 8.1% GD
Less leveragedLower net debt / EBITDA — 0.5x 0.9x GD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -2.9% +8.1% +31.5% TDY
Better 5-year returnAnnualised price return, 5 years +3.9%/yr +12.9%/yr +8.6%/yr GD
Less volatileAnnualised volatility, 1 year 29.4% 22.6% 25.6% GD
Higher overall scoreMean of the five percentile scores vs peers 68/100 69/100 69/100 GD

Percentile Scorecard

LHXGDTDY

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

AxisLHXGDTDY
Valuation 81 #20 of 100 82 #19 of 100 63 #38 of 100
Growth – 42 #56 of 96 36 #62 of 96
Profitability – 77 #23 of 95 81 #19 of 95
Financial Health 30 #74 of 105 61 #42 of 105 74 #28 of 105
Shareholder Returns 94 #5 of 65 86 #10 of 65 91 #7 of 65
Overall 68 69 69
  • LHX ranked among 107 companies in Aerospace and Defense
  • GD ranked among 107 companies in Aerospace and Defense
  • TDY 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

PeriodLHXGDTDYSPY
1 month +17.9%+11.7%+11.9% +0.7%
3 months +2.5%-2.9%+4.4% +3.7%
6 months -13.1%+7.8%+4.9% +7.1%
Year to date -5.1%+10.3%+32.6% +12.8%
1 year -2.9%+8.1%+31.5% +11.9%
3 years +59.8%+55.4%+81.9% +85.2%
3 years, per year +16.9%+15.8%+22.1% +22.8%
5 years +20.9%+83.1%+50.8% +67.6%
5 years, per year +3.9%+12.9%+8.6% +10.9%
10 years +211.7%+145.1%+537.1% +262.0%
10 years, per year +12.0%+9.4%+20.3% +13.7%

Risk

MeasureLHXGDTDYSPY
Volatility, 1Y 29.4%22.6%25.6% 12.7%
Downside volatility, 1Y 29.1%20.7%24.0% 12.6%
Beta vs S&P 500, 1Y 0.180.321.12 1.00
Return / volatility, 1Y -0.100.361.23 0.94
Max drawdown, 5Y -40.4%-23.0%-32.2% -25.4%
From 52-week high -26.4%-6.2%-2.0% -1.2%
52-week high $378.48$395.97$691.24 $779.14
52-week low $233.68$312.53$484.47 $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.

MultipleLHXGDTDY
P/E now vs peer median 23.9xmedian 26.9x 22.4xmedian 26.9x 30.5xmedian 26.9x
P/S now vs peer median 1.1xmedian 3.0x 1.8xmedian 3.0x 4.8xmedian 3.0x
EV/EBITDA now vs peer median —median 15.0x 15.8xmedian 15.0x 19.9xmedian 15.0x
P/FCF now vs peer median 15.8xmedian 27.2x 15.6xmedian 27.2x 27.3xmedian 27.2x
P/B now vs peer median 2.6xmedian 2.5x 3.7xmedian 2.5x 2.8xmedian 2.5x
PEG now vs peer median —median 0.93 2.18median 0.93 -51.44median 0.93

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 monthsLHXGDTDY
Revenue – $54.86B $6.52B
Gross profit – $8.44B $2.84B
Operating income – $5.66B $1.30B
Net income – $4.49B $1.03B
Free cash flow – $6.45B $1.15B
R&D – – $330.60M
EPS (diluted) – $16.40 $21.90
Cash & equivalents $2.47B $4.33B $562.40M
Total debt – $7.52B $2.03B
Shares (diluted) 187.30M 273.52M 46.90M
Enterprise value $51.63B $87.75B $28.53B

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
MetricLHXGDTDY
P/E 23.9x 22.4x 30.5x
P/FCF 15.8x 15.6x 27.3x
P/Operating cash flow – 13.0x 24.4x
P/S 1.1x 1.8x 4.8x
P/B 2.6x 3.7x 2.8x
P/Tangible book 3.7x 3.9x 3.4x
EV/EBITDA – 15.8x 19.9x
EV/EBIT – 18.3x 25.1x
EV/Revenue – 1.9x 5.0x
EV/FCF – 16.1x 28.6x
EV/Operating cash flow – 13.5x 25.6x
PEG (3Y EPS CAGR) – 2.18 -51.44

Growth

14 metrics
MetricLHXGDTDY
Revenue growth (1Y) – 9.1% 8.6%
Revenue CAGR (3Y) – 10.3% 0.5%
Gross profit growth (1Y) – 8.9% 10.8%
Gross profit CAGR (3Y) – 8.6% -0.1%
Operating income growth (1Y) – 9.4% 23.3%
Operating income CAGR (3Y) – 10.3% 0.0%
Net income growth (1Y) – 9.8% 25.5%
Net income CAGR (3Y) – 10.0% -1.3%
EPS growth (1Y) – 8.8% 27.2%
EPS CAGR (3Y) – 10.2% -0.6%
Operating cash flow growth (1Y) – – 11.9%
Operating cash flow CAGR (3Y) – 23.0% 26.7%
Free cash flow growth (1Y) – – 10.5%
Free cash flow CAGR (3Y) – 28.7% 29.4%

Profitability

14 metrics
MetricLHXGDTDY
Gross margin – 15.4% 43.6%
EBITDA margin – 12.0% 25.3%
Operating margin – 10.3% 20.0%
Pretax margin – 9.9% 19.4%
Net margin – 8.2% 15.8%
FCF margin – 11.8% 17.6%
Operating cash flow margin – 14.0% 19.6%
Return on equity – 17.0% 9.3%
Return on assets – 7.5% 6.7%
Return on invested capital – 13.6% 8.1%
Return on capital employed – 13.9% 9.4%
Asset turnover – 0.9x 0.4x
Cash conversion (OCF / net income) – 1.7x 1.2x
Stock comp / revenue – 0.4% 0.6%

Financial Health

11 metrics
MetricLHXGDTDY
Debt / assets – 12.5% 13.0%
Debt / equity – 0.3x 0.2x
Net debt / EBITDA – 0.5x 0.9x
Debt / FCF – 1.2x 1.8x
Liabilities / assets 51.5% 55.4% 28.5%
Equity / assets 46.2% 44.6% 71.5%
Interest coverage – – 26.9x
Current ratio 1.2x 1.4x 2.3x
Quick ratio – 2.8x 1.3x
Cash ratio – 0.2x 0.4x
Altman Z-score – 4.25 5.80

Shareholder Returns

7 metrics
MetricLHXGDTDY
Dividend yield 1.8% 1.7% –
Net buyback yield – 0.4% 1.5%
Shareholder yield 1.8% 2.0% 1.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

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.

ConsensusLHXGDTDY
Forward P/E 24.4xFY2026 21.1xFY2026 26.0xFY2026
EPS, next fiscal year $11.44FY2026 $17.56FY2026 $26.05FY2026
EPS growth, next FY +6.6%FY2026 +13.7%FY2026 +18.5%FY2026
EPS growth, the year after +10.6% +8.9% +13.6%
Revenue, next fiscal year $24.16BFY2026 $53.43BFY2026 $6.20BFY2026
Revenue growth, next FY +10.5%FY2026 +1.7%FY2026 +1.4%FY2026
Revenue growth, the year after +0.3% +12.6% +5.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLHXGDTDY
Held by institutions 87.5% 86.6% 97.2%
Institutions holding 1,692 2,220 887
Change in shares held, QoQ -0.5% +0.1% +2.7%
Institutions buying 848 1,020 399
Institutions selling 570 832 328
Buyers to sellers 1.49 1.23 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.

LHXGDTDY
LHX 1.00 0.63 0.34
GD 0.63 1.00 0.37
TDY 0.34 0.37 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LHX, GD and TDY?

General Dynamics (GD) is the largest by market capitalisation: L3Harris Technologies (LHX) $51.63B, General Dynamics (GD) $100.63B, Teledyne Technologies (TDY) $30.31B.

Which stock is cheaper, LHX, GD and TDY?

General Dynamics (GD) trades on the lowest price-to-earnings ratio (L3Harris Technologies (LHX) 23.9x, General Dynamics (GD) 22.4x, Teledyne Technologies (TDY) 29.5x). On next year's consensus earnings, General Dynamics (GD) is cheapest (L3Harris Technologies (LHX) 24.4x, General Dynamics (GD) 21.1x, Teledyne Technologies (TDY) 26.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

General Dynamics (GD) grew revenue fastest over the trailing twelve months: General Dynamics (GD) +9.1%, Teledyne Technologies (TDY) +8.6%.

Which company is more profitable?

Teledyne Technologies (TDY) has the highest net margin (General Dynamics (GD) 8.2%, Teledyne Technologies (TDY) 15.8%). On return on invested capital, General Dynamics (GD) leads (General Dynamics (GD) 13.6%, Teledyne Technologies (TDY) 8.1%).

Which stock has performed better?

Over the past year Teledyne Technologies (TDY) returned the most: L3Harris Technologies (LHX) -2.9%, General Dynamics (GD) +8.1%, Teledyne Technologies (TDY) +31.5%. Over five years, General Dynamics (GD) compounded fastest (L3Harris Technologies (LHX) +3.9%/yr, General Dynamics (GD) +12.9%/yr, Teledyne Technologies (TDY) +8.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, General Dynamics (GD) has been the steadiest (L3Harris Technologies (LHX) 29.4%, General Dynamics (GD) 22.6%, Teledyne Technologies (TDY) 25.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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.