LHX vs TDY vs ESLT Stock Comparison

L3Harris Technologies, Teledyne Technologies and Elbit Systems Prices as of Oct 29, 2026 Peers: Industry group
ESLT Elbit Systems Ltd
$807.41 +14.8% 1M +68.9% 1Y
Market cap
$35.50B
P/E
55.8x
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, Teledyne Technologies 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLHXTDYESLTLeader
Larger companyMarket capitalisation $51.63B $30.31B $35.50B LHX
Cheaper on earningsLower P/E, profitable companies only 23.9x 29.5x 55.8x LHX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.4x 26.0x 58.0x LHX
Faster revenue growthRevenue growth, trailing twelve months — +8.6% +13.7% ESLT
More profitableNet margin, trailing twelve months — 15.8% 7.4% TDY
Better return on capitalReturn on invested capital — 8.1% 17.8% ESLT
Less leveragedLower net debt / EBITDA — 0.9x -0.9x ESLT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -2.9% +31.5% +68.9% ESLT
Better 5-year returnAnnualised price return, 5 years +3.9%/yr +8.6%/yr +38.5%/yr ESLT
Less volatileAnnualised volatility, 1 year 29.4% 25.6% 44.8% TDY
Higher overall scoreMean of the five percentile scores vs peers 68/100 69/100 59/100 TDY

Percentile Scorecard

LHXTDYESLT

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

AxisLHXTDYESLT
Valuation 81 #20 of 100 63 #38 of 100 43 #57 of 100
Growth – 36 #62 of 96 86 #14 of 96
Profitability – 81 #19 of 95 71 #28 of 95
Financial Health 30 #74 of 105 74 #28 of 105 59 #44 of 105
Shareholder Returns 94 #5 of 65 91 #7 of 65 34 #43 of 65
Overall 68 69 59
  • LHX ranked among 107 companies in Aerospace and Defense
  • TDY 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

PeriodLHXTDYESLTSPY
1 month +17.9%+11.9%+14.8% +0.7%
3 months +2.5%+4.4%+2.7% +3.7%
6 months -13.1%+4.9%-3.8% +7.1%
Year to date -5.1%+32.6%+39.8% +12.8%
1 year -2.9%+31.5%+68.9% +11.9%
3 years +59.8%+81.9%+333.8% +85.2%
3 years, per year +16.9%+22.1%+63.1% +22.8%
5 years +20.9%+50.8%+408.4% +67.6%
5 years, per year +3.9%+8.6%+38.5% +10.9%
10 years +211.7%+537.1%+722.8% +262.0%
10 years, per year +12.0%+20.3%+23.5% +13.7%

Risk

MeasureLHXTDYESLTSPY
Volatility, 1Y 29.4%25.6%44.8% 12.7%
Downside volatility, 1Y 29.1%24.0%39.6% 12.6%
Beta vs S&P 500, 1Y 0.181.120.70 1.00
Return / volatility, 1Y -0.101.231.54 0.94
Max drawdown, 5Y -40.4%-32.2%-35.5% -25.4%
From 52-week high -26.4%-2.0%-20.4% -1.2%
52-week high $378.48$691.24$1,014.33 $779.14
52-week low $233.68$484.47$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.

MultipleLHXTDYESLT
P/E now vs peer median 23.9xmedian 26.9x 30.5xmedian 26.9x 58.0xmedian 26.9x
P/S now vs peer median 1.1xmedian 3.0x 4.8xmedian 3.0x 4.4xmedian 3.0x
EV/EBITDA now vs peer median —median 15.0x 19.9xmedian 15.0x 37.8xmedian 15.0x
P/FCF now vs peer median 15.8xmedian 27.2x 27.3xmedian 27.2x 37.8xmedian 27.2x
P/B now vs peer median 2.6xmedian 2.5x 2.8xmedian 2.5x 8.5xmedian 2.5x
PEG now vs peer median —median 0.93 -51.44median 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 monthsLHXTDYESLT
Revenue – $6.52B $8.55B
Gross profit – $2.84B $2.14B
Operating income – $1.30B $787.82M
Net income – $1.03B $636.61M
Free cash flow – $1.15B $992.19M
R&D – $330.60M $582.72M
EPS (diluted) – $21.90 $13.56
Cash & equivalents $2.47B $562.40M $255.34M
Total debt – $2.03B $92.13M
Shares (diluted) 187.30M 46.90M 46.92M
Enterprise value $51.63B $28.53B $32.06B

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
MetricLHXTDYESLT
P/E 23.9x 30.5x 58.0x
P/FCF 15.8x 27.3x 37.8x
P/Operating cash flow – 24.4x 37.8x
P/S 1.1x 4.8x 4.4x
P/B 2.6x 2.8x 8.5x
P/Tangible book 3.7x 3.4x 8.5x
EV/EBITDA – 19.9x 37.8x
EV/EBIT – 25.1x 46.5x
EV/Revenue – 5.0x 4.3x
EV/FCF – 28.6x 36.9x
EV/Operating cash flow – 25.6x 36.9x
PEG (3Y EPS CAGR) – -51.44 1.84

Growth

14 metrics
MetricLHXTDYESLT
Revenue growth (1Y) – 8.6% 13.7%
Revenue CAGR (3Y) – 0.5% 14.4%
Gross profit growth (1Y) – 10.8% 18.5%
Gross profit CAGR (3Y) – -0.1% 14.1%
Operating income growth (1Y) – 23.3% 37.1%
Operating income CAGR (3Y) – 0.0% 26.5%
Net income growth (1Y) – 25.5% 58.0%
Net income CAGR (3Y) – -1.3% 33.7%
EPS growth (1Y) – 27.2% 50.8%
EPS CAGR (3Y) – -0.6% 31.5%
Operating cash flow growth (1Y) – 11.9% 22.1%
Operating cash flow CAGR (3Y) – 26.7% 82.7%
Free cash flow growth (1Y) – 10.5% 105.8%
Free cash flow CAGR (3Y) – 29.4% 175.7%

Profitability

14 metrics
MetricLHXTDYESLT
Gross margin – 43.6% 25.0%
EBITDA margin – 25.3% 11.3%
Operating margin – 20.0% 9.2%
Pretax margin – 19.4% 8.1%
Net margin – 15.8% 7.4%
FCF margin – 17.6% 11.6%
Operating cash flow margin – 19.6% 11.6%
Return on equity – 9.3% 14.7%
Return on assets – 6.7% 4.7%
Return on invested capital – 8.1% 17.8%
Return on capital employed – 9.4% 11.0%
Asset turnover – 0.4x 0.6x
Cash conversion (OCF / net income) – 1.2x 1.6x
Stock comp / revenue – 0.6% 0.3%

Financial Health

11 metrics
MetricLHXTDYESLT
Debt / assets – 13.0% 0.7%
Debt / equity – 0.2x 0.0x
Net debt / EBITDA – 0.9x -0.9x
Debt / FCF – 1.8x 0.1x
Liabilities / assets 51.5% 28.5% 68.2%
Equity / assets 46.2% 71.5% 31.8%
Interest coverage – 26.9x –
Current ratio 1.2x 2.3x 1.4x
Quick ratio – 1.3x 0.8x
Cash ratio – 0.4x 0.2x
Altman Z-score – 5.80 –

Shareholder Returns

7 metrics
MetricLHXTDYESLT
Dividend yield 1.8% – 0.5%
Net buyback yield – 1.5% 0.0%
Shareholder yield 1.8% 1.5% 0.5%
Payout ratio (earnings) – – 22.7%
Payout ratio (FCF) – – 14.5%
Dividend growth (1Y) – – -54.3%
Dividend CAGR (3Y) – – -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.

ConsensusLHXTDYESLT
Forward P/E 24.4xFY2026 26.0xFY2026 58.0xFY2026
EPS, next fiscal year $11.44FY2026 $26.05FY2026 $13.93FY2026
EPS growth, next FY +6.6%FY2026 +18.5%FY2026 +22.3%FY2026
EPS growth, the year after +10.6% +13.6% +21.8%
Revenue, next fiscal year $24.16BFY2026 $6.20BFY2026 $8.84BFY2026
Revenue growth, next FY +10.5%FY2026 +1.4%FY2026 +11.3%FY2026
Revenue growth, the year after +0.3% +5.9% +21.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLHXTDYESLT
Held by institutions 87.5% 97.2% 19.9%
Institutions holding 1,692 887 385
Change in shares held, QoQ -0.5% +2.7% -7.1%
Institutions buying 848 399 202
Institutions selling 570 328 107
Buyers to sellers 1.49 1.22 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.

LHXTDYESLT
LHX 1.00 0.34 0.42
TDY 0.34 1.00 0.39
ESLT 0.42 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LHX, TDY and ESLT?

L3Harris Technologies (LHX) is the largest by market capitalisation: L3Harris Technologies (LHX) $51.63B, Teledyne Technologies (TDY) $30.31B, Elbit Systems (ESLT) $35.50B.

Which stock is cheaper, LHX, TDY and ESLT?

L3Harris Technologies (LHX) trades on the lowest price-to-earnings ratio (L3Harris Technologies (LHX) 23.9x, Teledyne Technologies (TDY) 29.5x, Elbit Systems (ESLT) 55.8x). On next year's consensus earnings, L3Harris Technologies (LHX) is cheapest (L3Harris Technologies (LHX) 24.4x, Teledyne Technologies (TDY) 26.0x, Elbit Systems (ESLT) 58.0x). 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: Teledyne Technologies (TDY) +8.6%, Elbit Systems (ESLT) +13.7%.

Which company is more profitable?

Teledyne Technologies (TDY) has the highest net margin (Teledyne Technologies (TDY) 15.8%, Elbit Systems (ESLT) 7.4%). On return on invested capital, Elbit Systems (ESLT) leads (Teledyne Technologies (TDY) 8.1%, Elbit Systems (ESLT) 17.8%).

Which stock has performed better?

Over the past year Elbit Systems (ESLT) returned the most: L3Harris Technologies (LHX) -2.9%, Teledyne Technologies (TDY) +31.5%, Elbit Systems (ESLT) +68.9%. Over five years, Elbit Systems (ESLT) compounded fastest (L3Harris Technologies (LHX) +3.9%/yr, Teledyne Technologies (TDY) +8.6%/yr, Elbit Systems (ESLT) +38.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Teledyne Technologies (TDY) has been the steadiest (L3Harris Technologies (LHX) 29.4%, Teledyne Technologies (TDY) 25.6%, Elbit Systems (ESLT) 44.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LHX, TDY 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.