L3Harris Technologies (LHX) vs Northrop Grumman (NOC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
L3Harris Technologies (LHX) has outperformed Northrop Grumman (NOC) over the past year, losing 22.8% versus a loss of 24.1%. Over five years, NOC leads with a +22.5% price change compared with -0.9% for LHX. Northrop Grumman is the larger company by market cap ($68.35 billion vs $44.13 billion), about 1.5 times the size.
On valuation, Northrop Grumman trades at a lower forward P/E (15.8x vs 17.5x for L3Harris Technologies). L3Harris Technologies offers the higher dividend yield (2.07% vs 1.95%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | LHX | NOC |
|---|---|---|
| Share price | $237.00 | $481.11 |
| Market cap | $44.13B | $68.35B |
| 1-day change | +0.03% | -0.70% |
| YTD return | -19.30% | -15.03% |
| 1-year return | -22.77% | -24.06% |
| 5-year return | -0.90% | +22.54% |
| P/E ratio (TTM) | 23.89 | 15.29 |
| Forward P/E | 17.49 | 15.82 |
| EPS (TTM) | $9.92 | $31.46 |
| Dividend yield | 2.07% | 1.95% |
| Annual dividend | $4.90 | $9.40 |
| Revenue (latest FY) | — | $41.95B |
| Revenue growth (YoY) | — | +2.24% |
| Net income (latest FY) | $1.61B | $4.18B |
| Operating margin | — | 10.75% |
| Net margin | — | 9.97% |
| 52-week high | $379.23 | $774.00 |
| 52-week low | $232.34 | $470.06 |
| Distance from 52-week high | -37.50% | -37.84% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +39.61% | +31.79% |
| Average volume | 1.56M | 849.73K |
| Shares outstanding | 186.21M | 142.06M |
| Employees | 45,000 | 95,000 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- L3Harris Technologies trades at a higher earnings multiple (23.9x vs 15.3x trailing P/E).
About L3Harris Technologies
LHX stock →L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide.
Industrials · Industrial Machinery/Components · 45,000 employees
About Northrop Grumman
NOC stock →Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems.
Industrials · Industrial Machinery/Components · 95,000 employees
LHX vs NOC FAQ
Which is bigger, L3Harris Technologies or Northrop Grumman?
Northrop Grumman (NOC) is larger, with a market capitalization of $68.35B compared with $44.13B for L3Harris Technologies (LHX).
Which stock has performed better over the past year, LHX or NOC?
LHX returned -22.77% over the past 12 months, compared with -24.06% for NOC (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LHX or NOC?
NOC has the lower trailing P/E at 15.3, versus 23.9 for LHX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, L3Harris Technologies or Northrop Grumman?
L3Harris Technologies has the higher yield at 2.07%, compared with 1.95% for Northrop Grumman.
Are L3Harris Technologies and Northrop Grumman in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.