LHX vs MSI vs ESLT Stock Comparison

L3Harris Technologies, Motorola Solutions and Elbit Systems Prices as of Nov 2, 2026 Peers: Industry group
1 more company in this comparison (GD) Create a free account to keep reading and compare up to 10 companies.
ESLT Elbit Systems Ltd
$742.47 +6.6% 1M +55.7% 1Y
Market cap
$34.40B
P/E
54.1x
Revenue (TTM)
$8.55B
Div. yield
0.00%
Defense Industrials
4 wins

Head to Head

12 decided of 12

Motorola Solutions leads on 4 of the 12 questions below (Motorola Solutions 4, L3Harris Technologies 4, Elbit Systems 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLHXMSIESLTLeader
Larger companyMarket capitalisation $51.59B $81.30B $34.40B MSI
Cheaper on earningsLower P/E, profitable companies only 25.7x 38.1x 54.1x LHX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.4x 26.5x 53.3x LHX
Faster revenue growthRevenue growth, trailing twelve months — +10.3% +13.7% ESLT
More profitableNet margin, trailing twelve months — 17.4% 7.4% MSI
Better return on capitalReturn on invested capital — 20.3% 17.8% MSI
Less leveragedLower net debt / EBITDA — 2.3x -0.9x ESLT
Higher dividend yieldTrailing dividend yield 0.02% 0.01% 0.00% LHX
Better 1-year returnPrice return, last 12 months -3.5% +19.8% +55.7% ESLT
Better 5-year returnAnnualised price return, 5 years +4.8%/yr +14.0%/yr +36.5%/yr ESLT
Less volatileAnnualised volatility, 1 year 29.2% 25.2% 45.3% MSI
Higher overall scoreMean of the five percentile scores vs peers 68/100 55/100 59/100 LHX

Percentile Scorecard

LHXMSIESLT

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

AxisLHXMSIESLT
Valuation 81 #20 of 100 46 #55 of 100 43 #57 of 100
Growth – 48 #50 of 96 86 #14 of 96
Profitability – 98 #3 of 95 71 #28 of 95
Financial Health 30 #74 of 105 19 #85 of 105 59 #44 of 105
Shareholder Returns 94 #5 of 65 63 #25 of 65 34 #43 of 65
Overall 68 55 59
  • LHX ranked among 107 companies in Aerospace and Defense
  • MSI 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

PeriodLHXMSIESLTSPY
1 month +17.9%+8.9%+6.6% -2.3%
3 months +0.4%+11.5%-10.6% -0.7%
6 months -9.6%+11.3%-13.4% +4.8%
Year to date -5.0%+27.1%+28.5% +10.3%
1 year -3.5%+19.8%+55.7% +10.3%
3 years +50.2%+62.7%+289.9% +73.0%
3 years, per year +14.5%+17.6%+57.4% +20.1%
5 years +26.1%+92.8%+373.1% +61.9%
5 years, per year +4.8%+14.0%+36.5% +10.1%
10 years +199.3%+580.8%+677.0% +258.6%
10 years, per year +11.6%+21.1%+22.8% +13.6%

Risk

MeasureLHXMSIESLTSPY
Volatility, 1Y 29.2%25.2%45.3% 12.8%
Downside volatility, 1Y 29.1%25.1%40.4% 12.8%
Beta vs S&P 500, 1Y 0.200.130.74 1.00
Return / volatility, 1Y -0.120.791.23 0.80
Max drawdown, 5Y -40.4%-27.9%-35.5% -25.4%
From 52-week high -26.3%-1.0%-26.8% -3.5%
52-week high $378.48$492.09$1,014.33 $779.14
52-week low $233.68$363.83$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.

MultipleLHXMSIESLT
P/E now vs peer median 23.9xmedian 26.9x 38.2xmedian 26.9x 58.0xmedian 26.9x
P/S now vs peer median 1.1xmedian 3.0x 6.7xmedian 3.0x 4.4xmedian 3.0x
EV/EBITDA now vs peer median —median 15.0x 25.0xmedian 15.0x 37.8xmedian 15.0x
P/FCF now vs peer median 15.8xmedian 27.2x 30.4xmedian 27.2x 37.8xmedian 27.2x
P/B now vs peer median 2.6xmedian 2.5x 30.3xmedian 2.5x 8.5xmedian 2.5x
PEG now vs peer median —median 0.93 2.89median 0.93 1.84median 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 monthsLHXMSIESLT
Revenue $39.55B $12.24B $8.55B
Gross profit $10.14B $6.36B $2.14B
Operating income $4.20B $3.05B $787.82M
Net income $2.04B $2.14B $636.61M
Free cash flow $3.64B $2.68B $992.19M
R&D – $1.02B $582.72M
EPS (diluted) $10.74 $12.76 $13.56
Cash & equivalents $2.47B $710.00M $255.34M
Total debt $11.00B $9.03B $92.13M
Shares (diluted) 187.30M 167.20M 46.92M
Enterprise value $45.39B $77.65B $30.96B

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
MetricLHXMSIESLT
P/E 23.9x 38.2x 58.0x
P/FCF 15.8x 30.4x 37.8x
P/Operating cash flow – 27.4x 37.8x
P/S 1.1x 6.7x 4.4x
P/B 2.6x 30.3x 8.5x
P/Tangible book 3.7x -309.6x 8.5x
EV/EBITDA – 25.0x 37.8x
EV/EBIT – 29.4x 46.5x
EV/Revenue – 7.3x 4.3x
EV/FCF – 33.5x 36.9x
EV/Operating cash flow – 30.2x 36.9x
PEG (3Y EPS CAGR) – 2.89 1.84

Growth

14 metrics
MetricLHXMSIESLT
Revenue growth (1Y) – 10.3% 13.7%
Revenue CAGR (3Y) – 8.2% 14.4%
Gross profit growth (1Y) – 11.7% 18.5%
Gross profit CAGR (3Y) – 11.3% 14.1%
Operating income growth (1Y) – 8.9% 37.1%
Operating income CAGR (3Y) – 15.4% 26.5%
Net income growth (1Y) – 0.8% 58.0%
Net income CAGR (3Y) – 12.0% 33.7%
EPS growth (1Y) – 1.8% 50.8%
EPS CAGR (3Y) – 13.2% 31.5%
Operating cash flow growth (1Y) – 13.9% 22.1%
Operating cash flow CAGR (3Y) – 19.4% 82.7%
Free cash flow growth (1Y) – 12.3% 105.8%
Free cash flow CAGR (3Y) – 21.4% 175.7%

Profitability

14 metrics
MetricLHXMSIESLT
Gross margin – 52.0% 25.0%
EBITDA margin – 29.4% 11.3%
Operating margin – 24.9% 9.2%
Pretax margin – 22.6% 8.1%
Net margin – 17.4% 7.4%
FCF margin – 21.9% 11.6%
Operating cash flow margin – 24.3% 11.6%
Return on equity – 81.5% 14.7%
Return on assets – 11.2% 4.7%
Return on invested capital – 20.3% 17.8%
Return on capital employed – 22.4% 11.0%
Asset turnover – 0.6x 0.6x
Cash conversion (OCF / net income) – 1.4x 1.6x
Stock comp / revenue – 2.9% 0.3%

Financial Health

11 metrics
MetricLHXMSIESLT
Debt / assets – 46.9% 0.7%
Debt / equity – 3.4x 0.0x
Net debt / EBITDA – 2.3x -0.9x
Debt / FCF – 3.4x 0.1x
Liabilities / assets 51.5% 86.0% 68.2%
Equity / assets 46.2% 14.0% 31.8%
Interest coverage – 6.9x –
Current ratio 1.2x 1.1x 1.4x
Quick ratio – 0.8x 0.8x
Cash ratio – 0.1x 0.2x
Altman Z-score – 4.34 –

Shareholder Returns

7 metrics
MetricLHXMSIESLT
Dividend yield 1.8% 1.0% 0.5%
Net buyback yield – 1.3% 0.0%
Shareholder yield 1.8% 2.3% 0.5%
Payout ratio (earnings) – 35.8% 22.7%
Payout ratio (FCF) – 28.6% 14.5%
Dividend growth (1Y) – 10.7% -54.3%
Dividend CAGR (3Y) – 11.0% -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.

ConsensusLHXMSIESLT
Forward P/E 24.4xFY2026 26.5xFY2026 53.3xFY2026
EPS, next fiscal year $11.44FY2026 $18.41FY2026 $13.93FY2026
EPS growth, next FY +6.6%FY2026 +19.7%FY2026 +22.3%FY2026
EPS growth, the year after +10.6% +10.4% +21.8%
Revenue, next fiscal year $24.16BFY2026 $12.12BFY2026 $8.84BFY2026
Revenue growth, next FY +10.5%FY2026 +3.8%FY2026 +11.3%FY2026
Revenue growth, the year after +0.3% +8.2% +21.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLHXMSIESLT
Held by institutions 87.5% 88.3% 19.9%
Institutions holding 1,692 1,467 385
Change in shares held, QoQ -0.5% +3.4% -7.1%
Institutions buying 848 640 202
Institutions selling 570 596 107
Buyers to sellers 1.49 1.07 1.89

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.

LHXMSIESLT
LHX 1.00 0.25 0.42
MSI 0.25 1.00 0.14
ESLT 0.42 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LHX, MSI and ESLT?

Motorola Solutions (MSI) is the largest by market capitalisation: L3Harris Technologies (LHX) $51.59B, Motorola Solutions (MSI) $81.30B, Elbit Systems (ESLT) $34.40B.

Which stock is cheaper, LHX, MSI and ESLT?

L3Harris Technologies (LHX) trades on the lowest price-to-earnings ratio (L3Harris Technologies (LHX) 25.7x, Motorola Solutions (MSI) 38.1x, Elbit Systems (ESLT) 54.1x). On next year's consensus earnings, L3Harris Technologies (LHX) is cheapest (L3Harris Technologies (LHX) 24.4x, Motorola Solutions (MSI) 26.5x, Elbit Systems (ESLT) 53.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Elbit Systems (ESLT) grew revenue fastest over the trailing twelve months: Motorola Solutions (MSI) +10.3%, Elbit Systems (ESLT) +13.7%.

Which company is more profitable?

Motorola Solutions (MSI) has the highest net margin (Motorola Solutions (MSI) 17.4%, Elbit Systems (ESLT) 7.4%). On return on invested capital, Motorola Solutions (MSI) leads (Motorola Solutions (MSI) 20.3%, Elbit Systems (ESLT) 17.8%).

Which stock has performed better?

Over the past year Elbit Systems (ESLT) returned the most: L3Harris Technologies (LHX) -3.5%, Motorola Solutions (MSI) +19.8%, Elbit Systems (ESLT) +55.7%. Over five years, Elbit Systems (ESLT) compounded fastest (L3Harris Technologies (LHX) +4.8%/yr, Motorola Solutions (MSI) +14.0%/yr, Elbit Systems (ESLT) +36.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

L3Harris Technologies (LHX) has the highest dividend yield: L3Harris Technologies (LHX) 0.02%, Motorola Solutions (MSI) 0.01%, Elbit Systems (ESLT) 0.00%. Elbit Systems (ESLT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Motorola Solutions (MSI) has been the steadiest (L3Harris Technologies (LHX) 29.2%, Motorola Solutions (MSI) 25.2%, Elbit Systems (ESLT) 45.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LHX, MSI 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, Motorola Solutions (MSI) leads on 4. 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.