OSIS vs NOC vs LHX Stock Comparison

Osi Systems, Northrop Grumman and L3Harris Technologies Prices as of Oct 29, 2026 Peers: Industry group
OSIS Osi Systems Inc
$208.17 +8.3% 1M -16.5% 1Y
Market cap
$3.27B
P/E
20.9x
Revenue (TTM)
$1.80B
Div. yield
–
Defense Industrials
3 wins

Head to Head

12 decided of 12

Northrop Grumman leads on 7 of the 12 questions below (Northrop Grumman 7, Osi Systems 3, L3Harris Technologies 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionOSISNOCLHXLeader
Larger companyMarket capitalisation $3.27B $79.91B $51.89B NOC
Cheaper on earningsLower P/E, profitable companies only 20.9x 17.7x 23.9x NOC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.9x 18.3x 24.4x OSIS
Faster revenue growthRevenue growth, trailing twelve months +2.9% +6.5% — NOC
More profitableNet margin, trailing twelve months 8.8% 10.4% — NOC
Better return on capitalReturn on invested capital 9.8% 12.2% — NOC
Less leveragedLower net debt / EBITDA 2.6x 1.7x — NOC
Higher dividend yieldTrailing dividend yield — 1.70% 1.78% LHX
Better 1-year returnPrice return, last 12 months -16.5% -3.8% -2.9% LHX
Better 5-year returnAnnualised price return, 5 years +17.5%/yr +9.5%/yr +3.9%/yr OSIS
Less volatileAnnualised volatility, 1 year 43.7% 28.7% 29.4% NOC
Higher overall scoreMean of the five percentile scores vs peers 75/100 57/100 68/100 OSIS

Percentile Scorecard

OSISNOCLHX

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

AxisOSISNOCLHX
Valuation 85 #16 of 100 75 #26 of 100 81 #20 of 100
Growth 66 #33 of 96 38 #60 of 96 –
Profitability 80 #20 of 95 76 #24 of 95 –
Financial Health 42 #61 of 105 38 #66 of 105 30 #74 of 105
Shareholder Returns 100 #1 of 65 59 #27 of 65 94 #5 of 65
Overall 75 57 68
  • OSIS ranked among 107 companies in Aerospace and Defense
  • NOC ranked among 107 companies in Aerospace and Defense
  • LHX 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

PeriodOSISNOCLHXSPY
1 month +8.3%+11.4%+17.9% +0.7%
3 months -5.3%+5.2%+2.5% +3.7%
6 months -27.4%-2.9%-13.1% +7.1%
Year to date -18.4%-1.3%-5.1% +12.8%
1 year -16.5%-3.8%-2.9% +11.9%
3 years +98.3%+20.0%+59.8% +85.2%
3 years, per year +25.6%+6.3%+16.9% +22.8%
5 years +123.6%+57.5%+20.9% +67.6%
5 years, per year +17.5%+9.5%+3.9% +10.9%
10 years +188.1%+146.3%+211.7% +262.0%
10 years, per year +11.2%+9.4%+12.0% +13.7%

Risk

MeasureOSISNOCLHXSPY
Volatility, 1Y 43.7%28.7%29.4% 12.7%
Downside volatility, 1Y 44.5%28.6%29.1% 12.6%
Beta vs S&P 500, 1Y 1.16-0.010.18 1.00
Return / volatility, 1Y -0.38-0.13-0.10 0.94
Max drawdown, 5Y -37.9%-38.4%-40.4% -25.4%
From 52-week high -32.8%-26.8%-26.4% -1.2%
52-week high $309.68$768.02$378.48 $779.14
52-week low $192.30$473.40$233.68 $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.

MultipleOSISNOCLHX
P/E now vs peer median 20.9xmedian 26.9x 17.7xmedian 26.9x 23.9xmedian 26.9x
P/S now vs peer median 1.8xmedian 3.0x 1.8xmedian 3.0x 1.1xmedian 3.0x
EV/EBITDA now vs peer median 15.0xmedian 15.0x 14.7xmedian 15.0x —median 15.0x
P/FCF now vs peer median 13.4xmedian 27.2x 20.9xmedian 27.2x 15.8xmedian 27.2x
P/B now vs peer median 4.2xmedian 2.5x 4.3xmedian 2.5x 2.6xmedian 2.5x
PEG now vs peer median 0.97median 0.93 17.36median 0.93 —median 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 monthsOSISNOCLHX
Revenue $1.80B $43.59B –
Gross profit $593.71M $8.73B –
Operating income $219.47M $4.63B –
Net income $158.73M $4.52B –
Free cash flow $245.20M $3.83B –
R&D $78.14M – –
EPS (diluted) $9.77 $31.74 –
Cash & equivalents $236.30M $3.74B $2.47B
Total debt $999.57M $58.43B –
Shares (diluted) 16.25M 142.40M 187.30M
Enterprise value $1.93B $67.37B $51.89B

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
MetricOSISNOCLHX
P/E 20.9x 17.7x 23.9x
P/FCF 13.4x 20.9x 15.8x
P/Operating cash flow 11.1x 15.2x –
P/S 1.8x 1.8x 1.1x
P/B 4.2x 4.3x 2.6x
P/Tangible book 5.6x 4.3x 3.7x
EV/EBITDA 15.0x 14.7x –
EV/EBIT 18.1x 19.6x –
EV/Revenue 2.2x 2.1x –
EV/FCF 16.2x 23.7x –
EV/Operating cash flow 13.4x 17.2x –
PEG (3Y EPS CAGR) 0.97 17.36 –

Growth

14 metrics
MetricOSISNOCLHX
Revenue growth (1Y) 2.9% 6.5% –
Revenue CAGR (3Y) 11.9% 4.1% –
Gross profit growth (1Y) 0.8% 9.8% –
Gross profit CAGR (3Y) 10.4% 3.4% –
Operating income growth (1Y) -0.4% 6.8% –
Operating income CAGR (3Y) 16.3% 6.4% –
Net income growth (1Y) 4.2% 12.5% –
Net income CAGR (3Y) 19.3% -1.1% –
EPS growth (1Y) 12.1% 13.3% –
EPS CAGR (3Y) 21.5% 1.0% –
Operating cash flow growth (1Y) 94.8% 53.2% –
Operating cash flow CAGR (3Y) 46.2% 12.5% –
Free cash flow growth (1Y) 120.8% 108.8% –
Free cash flow CAGR (3Y) 59.6% 22.3% –

Profitability

14 metrics
MetricOSISNOCLHX
Gross margin 32.9% 20.0% –
EBITDA margin 14.7% 14.1% –
Operating margin 12.2% 10.6% –
Pretax margin 10.9% 12.0% –
Net margin 8.8% 10.4% –
FCF margin 13.6% 8.8% –
Operating cash flow margin 16.4% 12.1% –
Return on equity 19.6% 24.7% –
Return on assets 6.4% 8.8% –
Return on invested capital 9.8% 12.2% –
Return on capital employed 11.3% 12.2% –
Asset turnover 0.7x 0.8x –
Cash conversion (OCF / net income) 1.9x 1.2x –
Stock comp / revenue 1.5% 0.3% –

Financial Health

11 metrics
MetricOSISNOCLHX
Debt / assets 40.2% 27.5% –
Debt / equity 1.3x 0.8x –
Net debt / EBITDA 2.6x 1.7x –
Debt / FCF 4.1x 3.8x –
Liabilities / assets 68.6% 64.4% 51.5%
Equity / assets 31.4% 35.6% 46.2%
Interest coverage 9.9x 7.1x –
Current ratio 2.9x 1.2x 1.2x
Quick ratio 1.9x 1.0x –
Cash ratio 0.6x 0.3x –
Altman Z-score 3.12 3.11 –

Shareholder Returns

7 metrics
MetricOSISNOCLHX
Dividend yield – 1.7% 1.8%
Net buyback yield 5.5% 0.7% –
Shareholder yield 5.5% 2.4% 1.8%
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.

ConsensusOSISNOCLHX
Forward P/E 17.9xFY2027 18.3xFY2026 24.4xFY2026
EPS, next fiscal year $11.62FY2027 $30.81FY2026 $11.44FY2026
EPS growth, next FY +12.3%FY2027 +17.0%FY2026 +6.6%FY2026
EPS growth, the year after +7.2% +3.7% +10.6%
Revenue, next fiscal year $1.85BFY2027 $42.95BFY2026 $24.16BFY2026
Revenue growth, next FY +3.5%FY2027 +2.4%FY2026 +10.5%FY2026
Revenue growth, the year after +16.1% +3.7% +0.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersOSISNOCLHX
Held by institutions 100.0% 83.4% 87.5%
Institutions holding 367 1,810 1,692
Change in shares held, QoQ +0.7% +0.3% -0.5%
Institutions buying 192 840 848
Institutions selling 134 640 570
Buyers to sellers 1.43 1.31 1.49

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.

OSISNOCLHX
OSIS 1.00 0.20 0.22
NOC 0.20 1.00 0.66
LHX 0.22 0.66 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, OSIS, NOC and LHX?

Northrop Grumman (NOC) is the largest by market capitalisation: Osi Systems (OSIS) $3.27B, Northrop Grumman (NOC) $79.91B, L3Harris Technologies (LHX) $51.89B.

Which stock is cheaper, OSIS, NOC and LHX?

Northrop Grumman (NOC) trades on the lowest price-to-earnings ratio (Osi Systems (OSIS) 20.9x, Northrop Grumman (NOC) 17.7x, L3Harris Technologies (LHX) 23.9x). On next year's consensus earnings, Osi Systems (OSIS) is cheapest (Osi Systems (OSIS) 17.9x, Northrop Grumman (NOC) 18.3x, L3Harris Technologies (LHX) 24.4x). 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: Osi Systems (OSIS) +2.9%, Northrop Grumman (NOC) +6.5%.

Which company is more profitable?

Northrop Grumman (NOC) has the highest net margin (Osi Systems (OSIS) 8.8%, Northrop Grumman (NOC) 10.4%). On return on invested capital, Northrop Grumman (NOC) leads (Osi Systems (OSIS) 9.8%, Northrop Grumman (NOC) 12.2%).

Which stock has performed better?

Over the past year L3Harris Technologies (LHX) returned the most: Osi Systems (OSIS) -16.5%, Northrop Grumman (NOC) -3.8%, L3Harris Technologies (LHX) -2.9%. Over five years, Osi Systems (OSIS) compounded fastest (Osi Systems (OSIS) +17.5%/yr, Northrop Grumman (NOC) +9.5%/yr, L3Harris Technologies (LHX) +3.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

L3Harris Technologies (LHX) has the highest dividend yield: Northrop Grumman (NOC) 1.70%, L3Harris Technologies (LHX) 1.78%. Osi Systems (OSIS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Northrop Grumman (NOC) has been the steadiest (Osi Systems (OSIS) 43.7%, Northrop Grumman (NOC) 28.7%, L3Harris Technologies (LHX) 29.4%). Volatility measures how widely the price swings, not the risk of the business.

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

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 7. 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.