TDY vs LHX vs CW Stock Comparison

Teledyne Technologies, L3Harris Technologies and Curtiss Wright Prices as of Oct 29, 2026 Peers: Industry group
CW Curtiss Wright Corp
$497.14 -6.9% 1M -17.4% 1Y
Market cap
$17.99B
P/E
33.2x
Revenue (TTM)
$3.65B
Div. yield
–
Defense Industrials
4 wins

Head to Head

11 decided of 12

Curtiss Wright leads on 4 of the 12 questions below (Curtiss Wright 4, Teledyne Technologies 4, L3Harris Technologies 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTDYLHXCWLeader
Larger companyMarket capitalisation $31.37B $52.56B $17.99B LHX
Cheaper on earningsLower P/E, profitable companies only 30.5x 23.9x 33.2x LHX
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.0x 24.4x 34.6x LHX
Faster revenue growthRevenue growth, trailing twelve months +8.6% — +10.5% CW
More profitableNet margin, trailing twelve months 15.8% — 14.8% TDY
Better return on capitalReturn on invested capital 8.1% — 14.7% CW
Less leveragedLower net debt / EBITDA 0.9x — 0.6x CW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +31.5% -2.9% -17.4% TDY
Better 5-year returnAnnualised price return, 5 years +8.6%/yr +3.9%/yr +31.3%/yr CW
Less volatileAnnualised volatility, 1 year 25.6% 29.4% 36.0% TDY
Higher overall scoreMean of the five percentile scores vs peers 69/100 68/100 67/100 TDY

Percentile Scorecard

TDYLHXCW

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

AxisTDYLHXCW
Valuation 63 #38 of 100 81 #20 of 100 51 #50 of 100
Growth 36 #62 of 96 – 59 #40 of 96
Profitability 81 #19 of 95 – 94 #7 of 95
Financial Health 74 #28 of 105 30 #74 of 105 65 #37 of 105
Shareholder Returns 91 #7 of 65 94 #5 of 65 69 #21 of 65
Overall 69 68 67
  • TDY ranked among 107 companies in Aerospace and Defense
  • LHX ranked among 107 companies in Aerospace and Defense
  • CW 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

PeriodTDYLHXCWSPY
1 month +11.9%+17.9%-6.9% +0.7%
3 months +4.4%+2.5%-30.6% +3.7%
6 months +4.9%-13.1%-31.0% +7.1%
Year to date +32.6%-5.1%-9.8% +12.8%
1 year +31.5%-2.9%-17.4% +11.9%
3 years +81.9%+59.8%+153.4% +85.2%
3 years, per year +22.1%+16.9%+36.4% +22.8%
5 years +50.8%+20.9%+289.4% +67.6%
5 years, per year +8.6%+3.9%+31.3% +10.9%
10 years +537.1%+211.7%+455.6% +262.0%
10 years, per year +20.3%+12.0%+18.7% +13.7%

Risk

MeasureTDYLHXCWSPY
Volatility, 1Y 25.6%29.4%36.0% 12.7%
Downside volatility, 1Y 24.0%29.1%38.0% 12.6%
Beta vs S&P 500, 1Y 1.120.181.39 1.00
Return / volatility, 1Y 1.23-0.10-0.48 0.94
Max drawdown, 5Y -32.2%-40.4%-41.3% -25.4%
From 52-week high -2.0%-26.4%-37.3% -1.2%
52-week high $691.24$378.48$792.61 $779.14
52-week low $484.47$233.68$464.99 $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.

MultipleTDYLHXCW
P/E now vs peer median 30.5xmedian 26.9x 23.9xmedian 26.9x 33.9xmedian 26.9x
P/S now vs peer median 4.8xmedian 3.0x 1.1xmedian 3.0x 5.0xmedian 3.0x
EV/EBITDA now vs peer median 19.9xmedian 15.0x —median 15.0x 23.4xmedian 15.0x
P/FCF now vs peer median 27.3xmedian 27.2x 15.8xmedian 27.2x 29.4xmedian 27.2x
P/B now vs peer median 2.8xmedian 2.5x 2.6xmedian 2.5x 6.6xmedian 2.5x
PEG now vs peer median -51.44median 0.93 —median 0.93 1.65median 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 monthsTDYLHXCW
Revenue $6.52B – $3.65B
Gross profit $2.84B – $1.38B
Operating income $1.30B – $686.21M
Net income $1.03B – $541.18M
Free cash flow $1.15B – $625.29M
R&D $330.60M – $98.16M
EPS (diluted) $21.90 – $14.58
Cash & equivalents $562.40M $2.47B $477.15M
Total debt $2.03B – $957.39M
Shares (diluted) 46.90M 187.30M 37.12M
Enterprise value $29.60B $52.56B $16.58B

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
MetricTDYLHXCW
P/E 30.5x 23.9x 33.9x
P/FCF 27.3x 15.8x 29.4x
P/Operating cash flow 24.4x – 25.5x
P/S 4.8x 1.1x 5.0x
P/B 2.8x 2.6x 6.6x
P/Tangible book 3.4x 3.7x 8.1x
EV/EBITDA 19.9x – 23.4x
EV/EBIT 25.1x – 27.5x
EV/Revenue 5.0x – 5.2x
EV/FCF 28.6x – 30.1x
EV/Operating cash flow 25.6x – 26.1x
PEG (3Y EPS CAGR) -51.44 – 1.65

Growth

14 metrics
MetricTDYLHXCW
Revenue growth (1Y) 8.6% – 10.5%
Revenue CAGR (3Y) 0.5% – 10.3%
Gross profit growth (1Y) 10.8% – 11.7%
Gross profit CAGR (3Y) -0.1% – 11.1%
Operating income growth (1Y) 23.3% – 17.3%
Operating income CAGR (3Y) 0.0% – 14.6%
Net income growth (1Y) 25.5% – 19.9%
Net income CAGR (3Y) -1.3% – 19.1%
EPS growth (1Y) 27.2% – 22.4%
EPS CAGR (3Y) -0.6% – 20.6%
Operating cash flow growth (1Y) 11.9% – 25.1%
Operating cash flow CAGR (3Y) 26.7% – 21.0%
Free cash flow growth (1Y) 10.5% – 24.2%
Free cash flow CAGR (3Y) 29.4% – 19.5%

Profitability

14 metrics
MetricTDYLHXCW
Gross margin 43.6% – 37.7%
EBITDA margin 25.3% – 22.0%
Operating margin 20.0% – 18.8%
Pretax margin 19.4% – 18.9%
Net margin 15.8% – 14.8%
FCF margin 17.6% – 17.1%
Operating cash flow margin 19.6% – 19.7%
Return on equity 9.3% – 20.0%
Return on assets 6.7% – 10.1%
Return on invested capital 8.1% – 14.7%
Return on capital employed 9.4% – 17.3%
Asset turnover 0.4x – 0.7x
Cash conversion (OCF / net income) 1.2x – 1.3x
Stock comp / revenue 0.6% – 0.7%

Financial Health

11 metrics
MetricTDYLHXCW
Debt / assets 13.0% – 17.5%
Debt / equity 0.2x – 0.3x
Net debt / EBITDA 0.9x – 0.6x
Debt / FCF 1.8x – 1.5x
Liabilities / assets 28.5% 51.5% 49.2%
Equity / assets 71.5% 46.2% 50.8%
Interest coverage 26.9x – 16.2x
Current ratio 2.3x 1.2x 1.6x
Quick ratio 1.3x – 1.4x
Cash ratio 0.4x – 0.3x
Altman Z-score 5.80 – 6.54

Shareholder Returns

7 metrics
MetricTDYLHXCW
Dividend yield – 1.8% 0.2%
Net buyback yield 1.5% – 2.4%
Shareholder yield 1.5% 1.8% 2.6%
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.

ConsensusTDYLHXCW
Forward P/E 26.0xFY2026 24.4xFY2026 34.6xFY2026
EPS, next fiscal year $26.05FY2026 $11.44FY2026 $14.35FY2026
EPS growth, next FY +18.5%FY2026 +6.6%FY2026 +8.5%FY2026
EPS growth, the year after +13.6% +10.6% +11.6%
Revenue, next fiscal year $6.20BFY2026 $24.16BFY2026 $4.03BFY2026
Revenue growth, next FY +1.4%FY2026 +10.5%FY2026 +15.2%FY2026
Revenue growth, the year after +5.9% +0.3% -3.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTDYLHXCW
Held by institutions 97.2% 87.5% 85.6%
Institutions holding 887 1,692 947
Change in shares held, QoQ +2.7% -0.5% +2.8%
Institutions buying 399 848 480
Institutions selling 328 570 313
Buyers to sellers 1.22 1.49 1.53

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.

TDYLHXCW
TDY 1.00 0.34 0.54
LHX 0.34 1.00 0.39
CW 0.54 0.39 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TDY, LHX and CW?

L3Harris Technologies (LHX) is the largest by market capitalisation: Teledyne Technologies (TDY) $31.37B, L3Harris Technologies (LHX) $52.56B, Curtiss Wright (CW) $17.99B.

Which stock is cheaper, TDY, LHX and CW?

L3Harris Technologies (LHX) trades on the lowest price-to-earnings ratio (Teledyne Technologies (TDY) 30.5x, L3Harris Technologies (LHX) 23.9x, Curtiss Wright (CW) 33.2x). On next year's consensus earnings, L3Harris Technologies (LHX) is cheapest (Teledyne Technologies (TDY) 26.0x, L3Harris Technologies (LHX) 24.4x, Curtiss Wright (CW) 34.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Curtiss Wright (CW) grew revenue fastest over the trailing twelve months: Teledyne Technologies (TDY) +8.6%, Curtiss Wright (CW) +10.5%.

Which company is more profitable?

Teledyne Technologies (TDY) has the highest net margin (Teledyne Technologies (TDY) 15.8%, Curtiss Wright (CW) 14.8%). On return on invested capital, Curtiss Wright (CW) leads (Teledyne Technologies (TDY) 8.1%, Curtiss Wright (CW) 14.7%).

Which stock has performed better?

Over the past year Teledyne Technologies (TDY) returned the most: Teledyne Technologies (TDY) +31.5%, L3Harris Technologies (LHX) -2.9%, Curtiss Wright (CW) -17.4%. Over five years, Curtiss Wright (CW) compounded fastest (Teledyne Technologies (TDY) +8.6%/yr, L3Harris Technologies (LHX) +3.9%/yr, Curtiss Wright (CW) +31.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Teledyne Technologies (TDY) has been the steadiest (Teledyne Technologies (TDY) 25.6%, L3Harris Technologies (LHX) 29.4%, Curtiss Wright (CW) 36.0%). Volatility measures how widely the price swings, not the risk of the business.

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

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