LHX vs NOC vs TAYD Stock Comparison

L3Harris Technologies, Northrop Grumman and Taylor Devices Prices as of Oct 29, 2026 Peers: Industry group
TAYD Taylor Devices, Inc.
$56.87 -9.7% 1M +29.3% 1Y
Market cap
$183.68M
P/E
26.9x
Revenue (TTM)
$39.03M
Div. yield
–
Defense Industrials
3 wins

Head to Head

10 decided of 12

Northrop Grumman leads on 5 of the 12 questions below (Northrop Grumman 5, Taylor Devices 3, L3Harris Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLHXNOCTAYDLeader
Larger companyMarket capitalisation $51.89B $79.91B $183.68M NOC
Cheaper on earningsLower P/E, profitable companies only 23.9x 17.7x 26.9x NOC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.4x 18.3x 19.2x NOC
Faster revenue growthRevenue growth, trailing twelve months — +6.5% -12.5% NOC
More profitableNet margin, trailing twelve months — 10.4% 17.5% TAYD
Better return on capitalReturn on invested capital — 12.2% — –
Less leveragedLower net debt / EBITDA — 1.7x — –
Higher dividend yieldTrailing dividend yield 1.78% 1.70% — LHX
Better 1-year returnPrice return, last 12 months -2.9% -3.8% +29.3% TAYD
Better 5-year returnAnnualised price return, 5 years +3.9%/yr +9.5%/yr +36.6%/yr TAYD
Less volatileAnnualised volatility, 1 year 29.4% 28.7% 56.5% NOC
Higher overall scoreMean of the five percentile scores vs peers 68/100 57/100 62/100 LHX

Percentile Scorecard

LHXNOCTAYD

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

AxisLHXNOCTAYD
Valuation 81 #20 of 100 75 #26 of 100 77 #24 of 100
Growth – 38 #60 of 96 15 #82 of 96
Profitability – 76 #24 of 95 90 #10 of 95
Financial Health 30 #74 of 105 38 #66 of 105 95 #6 of 105
Shareholder Returns 94 #5 of 65 59 #27 of 65 31 #45 of 65
Overall 68 57 62
  • LHX ranked among 107 companies in Aerospace and Defense
  • NOC ranked among 107 companies in Aerospace and Defense
  • TAYD 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

PeriodLHXNOCTAYDSPY
1 month +17.9%+11.4%-9.7% +0.7%
3 months +2.5%+5.2%+9.2% +3.7%
6 months -13.1%-2.9%+2.5% +7.1%
Year to date -5.1%-1.3%-2.7% +12.8%
1 year -2.9%-3.8%+29.3% +11.9%
3 years +59.8%+20.0%+154.8% +85.2%
3 years, per year +16.9%+6.3%+36.6% +22.8%
5 years +20.9%+57.5%+375.9% +67.6%
5 years, per year +3.9%+9.5%+36.6% +10.9%
10 years +211.7%+146.3%+299.9% +262.0%
10 years, per year +12.0%+9.4%+14.9% +13.7%

Risk

MeasureLHXNOCTAYDSPY
Volatility, 1Y 29.4%28.7%56.5% 12.7%
Downside volatility, 1Y 29.1%28.6%63.6% 12.6%
Beta vs S&P 500, 1Y 0.18-0.010.10 1.00
Return / volatility, 1Y -0.10-0.130.52 0.94
Max drawdown, 5Y -40.4%-38.4%-52.7% -25.4%
From 52-week high -26.4%-26.8%-36.8% -1.2%
52-week high $378.48$768.02$89.95 $779.14
52-week low $233.68$473.40$43.14 $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.

MultipleLHXNOCTAYD
P/E now vs peer median 23.9xmedian 26.9x 17.7xmedian 26.9x 26.9xmedian 26.9x
P/S now vs peer median 1.1xmedian 3.0x 1.8xmedian 3.0x 4.7xmedian 3.0x
EV/EBITDA now vs peer median —median 15.0x 14.7xmedian 15.0x 18.9xmedian 15.0x
P/FCF now vs peer median 15.8xmedian 27.2x 20.9xmedian 27.2x 15.1xmedian 27.2x
P/B now vs peer median 2.6xmedian 2.5x 4.3xmedian 2.5x 2.5xmedian 2.5x
PEG now vs peer median —median 0.93 17.36median 0.93 13.36median 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 monthsLHXNOCTAYD
Revenue – $43.59B $39.03M
Gross profit – $8.73B $16.07M
Operating income – $4.63B $5.14M
Net income – $4.52B $6.83M
Free cash flow – $3.83B $12.13M
R&D – – $847.25K
EPS (diluted) – $31.74 $2.16
Cash & equivalents $2.47B $3.74B $3.60M
Total debt – $58.43B –
Shares (diluted) 187.30M 142.40M 3.16M
Enterprise value $51.89B $67.37B $10.67M

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
MetricLHXNOCTAYD
P/E 23.9x 17.7x 26.9x
P/FCF 15.8x 20.9x 15.1x
P/Operating cash flow – 15.2x 12.8x
P/S 1.1x 1.8x 4.7x
P/B 2.6x 4.3x 2.5x
P/Tangible book 3.7x 4.3x 2.5x
EV/EBITDA – 14.7x 18.9x
EV/EBIT – 19.6x 26.2x
EV/Revenue – 2.1x 3.4x
EV/FCF – 23.7x 11.1x
EV/Operating cash flow – 17.2x 9.4x
PEG (3Y EPS CAGR) – 17.36 13.36

Growth

14 metrics
MetricLHXNOCTAYD
Revenue growth (1Y) – 6.5% -12.5%
Revenue CAGR (3Y) – 4.1% -1.7%
Gross profit growth (1Y) – 9.8% -21.3%
Gross profit CAGR (3Y) – 3.4% -3.4%
Operating income growth (1Y) – 6.8% -42.7%
Operating income CAGR (3Y) – 6.4% -12.1%
Net income growth (1Y) – 12.5% -23.6%
Net income CAGR (3Y) – -1.1% -1.4%
EPS growth (1Y) – 13.3% -23.8%
EPS CAGR (3Y) – 1.0% 2.0%
Operating cash flow growth (1Y) – 53.2% 24.1%
Operating cash flow CAGR (3Y) – 12.5% 10.0%
Free cash flow growth (1Y) – 108.8% 34.7%
Free cash flow CAGR (3Y) – 22.3% 15.8%

Profitability

14 metrics
MetricLHXNOCTAYD
Gross margin – 20.0% 41.2%
EBITDA margin – 14.1% 18.3%
Operating margin – 10.6% 13.2%
Pretax margin – 12.0% 17.5%
Net margin – 10.4% 17.5%
FCF margin – 8.8% 31.1%
Operating cash flow margin – 12.1% 36.7%
Return on equity – 24.7% 9.3%
Return on assets – 8.8% 8.6%
Return on invested capital – 12.2% –
Return on capital employed – 12.2% 7.2%
Asset turnover – 0.8x 0.5x
Cash conversion (OCF / net income) – 1.2x 2.1x
Stock comp / revenue – 0.3% –

Financial Health

11 metrics
MetricLHXNOCTAYD
Debt / assets – 27.5% –
Debt / equity – 0.8x –
Net debt / EBITDA – 1.7x –
Debt / FCF – 3.8x –
Liabilities / assets 51.5% 64.4% 9.4%
Equity / assets 46.2% 35.6% 90.6%
Interest coverage – 7.1x –
Current ratio 1.2x 1.2x 8.7x
Quick ratio – 1.0x 7.2x
Cash ratio – 0.3x 6.4x
Altman Z-score – 3.11 17.21

Shareholder Returns

7 metrics
MetricLHXNOCTAYD
Dividend yield 1.8% 1.7% –
Net buyback yield – 0.7% -1.1%
Shareholder yield 1.8% 2.4% -1.1%
Payout ratio (earnings) – 30.2% –
Payout ratio (FCF) – 35.6% –
Dividend growth (1Y) – 8.0% –
Dividend CAGR (3Y) – 7.4% –

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.

ConsensusLHXNOCTAYD
Forward P/E 24.4xFY2026 18.3xFY2026 19.2xFY2026
EPS, next fiscal year $11.44FY2026 $30.81FY2026 $2.96FY2026
EPS growth, next FY +6.6%FY2026 +17.0%FY2026 +9.6%FY2026
EPS growth, the year after +10.6% +3.7% +32.4%
Revenue, next fiscal year $24.16BFY2026 $42.95BFY2026 $55.10MFY2026
Revenue growth, next FY +10.5%FY2026 +2.4%FY2026 +32.3%FY2026
Revenue growth, the year after +0.3% +3.7% +13.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLHXNOCTAYD
Held by institutions 87.5% 83.4% 35.0%
Institutions holding 1,692 1,810 69
Change in shares held, QoQ -0.5% +0.3% +8.4%
Institutions buying 848 840 45
Institutions selling 570 640 14
Buyers to sellers 1.49 1.31 3.21

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.

LHXNOCTAYD
LHX 1.00 0.66 0.06
NOC 0.66 1.00 0.01
TAYD 0.06 0.01 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LHX, NOC and TAYD?

Northrop Grumman (NOC) is the largest by market capitalisation: L3Harris Technologies (LHX) $51.89B, Northrop Grumman (NOC) $79.91B, Taylor Devices (TAYD) $183.68M.

Which stock is cheaper, LHX, NOC and TAYD?

Northrop Grumman (NOC) trades on the lowest price-to-earnings ratio (L3Harris Technologies (LHX) 23.9x, Northrop Grumman (NOC) 17.7x, Taylor Devices (TAYD) 26.9x). On next year's consensus earnings, Northrop Grumman (NOC) is cheapest (L3Harris Technologies (LHX) 24.4x, Northrop Grumman (NOC) 18.3x, Taylor Devices (TAYD) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Northrop Grumman (NOC) grew revenue fastest over the trailing twelve months: Northrop Grumman (NOC) +6.5%, Taylor Devices (TAYD) -12.5%.

Which company is more profitable?

Taylor Devices (TAYD) has the highest net margin (Northrop Grumman (NOC) 10.4%, Taylor Devices (TAYD) 17.5%).

Which stock has performed better?

Over the past year Taylor Devices (TAYD) returned the most: L3Harris Technologies (LHX) -2.9%, Northrop Grumman (NOC) -3.8%, Taylor Devices (TAYD) +29.3%. Over five years, Taylor Devices (TAYD) compounded fastest (L3Harris Technologies (LHX) +3.9%/yr, Northrop Grumman (NOC) +9.5%/yr, Taylor Devices (TAYD) +36.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

L3Harris Technologies (LHX) has the highest dividend yield: L3Harris Technologies (LHX) 1.78%, Northrop Grumman (NOC) 1.70%. Taylor Devices (TAYD) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Northrop Grumman (NOC) has been the steadiest (L3Harris Technologies (LHX) 29.4%, Northrop Grumman (NOC) 28.7%, Taylor Devices (TAYD) 56.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LHX, NOC and TAYD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Northrop Grumman (NOC) 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.