L3Harris Technologies (LHX) vs Teledyne Technologies (TDY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Teledyne Technologies (TDY) has outperformed L3Harris Technologies (LHX) over the past year, gaining 2.9% versus a loss of 22.8%. Over five years, TDY leads with a +40.9% price change compared with -0.9% for LHX. L3Harris Technologies is the larger company by market cap ($44.13 billion vs $28.45 billion), about 1.6 times the size.
On valuation, L3Harris Technologies trades at a lower forward P/E (17.5x vs 22.9x for Teledyne Technologies). L3Harris Technologies pays a dividend yielding 2.07%, while Teledyne Technologies does not currently pay one.
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 | TDY |
|---|---|---|
| Share price | $236.97 | $613.66 |
| Market cap | $44.13B | $28.45B |
| 1-day change | +0.02% | +1.46% |
| YTD return | -19.30% | +18.42% |
| 1-year return | -22.77% | +2.86% |
| 5-year return | -0.90% | +40.86% |
| P/E ratio (TTM) | 23.89 | 29.69 |
| Forward P/E | 17.48 | 22.91 |
| EPS (TTM) | $9.92 | $20.67 |
| Dividend yield | 2.07% | 0.00% |
| Annual dividend | $4.90 | $0.00 |
| Revenue (latest FY) | — | $6.12B |
| Revenue growth (YoY) | — | +7.86% |
| Net income (latest FY) | $1.61B | $894.80M |
| Gross margin | — | 42.76% |
| Operating margin | — | 18.80% |
| Net margin | — | 14.63% |
| 52-week high | $379.23 | $697.67 |
| 52-week low | $232.34 | $483.02 |
| Distance from 52-week high | -37.51% | -12.04% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +39.63% | +23.53% |
| Average volume | 1.56M | 322.84K |
| Shares outstanding | 186.21M | 46.36M |
| Employees | 45,000 | 15,800 |
| 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
- TDY has outperformed LHX by 25.6 percentage points over the past year.
- L3Harris Technologies offers a meaningfully higher dividend yield (2.07% vs 0.00%).
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 Teledyne Technologies
TDY stock →Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets in the United States, Europe, Asia, and internationally. The Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectrum products, as well as micro-electromechanical systems and semiconductors, such as analog-to-digital and digital-to-analog converters.
Industrials · Industrial Machinery/Components · 15,800 employees
LHX vs TDY FAQ
Which is bigger, L3Harris Technologies or Teledyne Technologies?
L3Harris Technologies (LHX) is larger, with a market capitalization of $44.13B compared with $28.45B for Teledyne Technologies (TDY).
Which stock has performed better over the past year, LHX or TDY?
TDY returned +2.86% over the past 12 months, compared with -22.77% for LHX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, LHX or TDY?
LHX has the lower trailing P/E at 23.9, versus 29.7 for TDY. 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 Teledyne Technologies?
L3Harris Technologies pays a dividend yielding 2.07%, while Teledyne Technologies does not currently pay a regular dividend.
Are L3Harris Technologies and Teledyne Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.