BA vs. LHX: Boeing vs. L3Harris Stock Comparison
How do Boeing (BA) and L3Harris (LHX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Boeing (BA) and L3Harris (LHX) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.
| Profile Item | BA | LHX |
|---|---|---|
| Name | The Boeing Company | L3Harris Technologies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Aerospace & Defense |
| GICS Sub-Industry | Aerospace & Defense | Aerospace & Defense |
| Market Capitalization | 137.41 billion USD | 48.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BA | LHX |
|---|---|---|
| Total Return (1Y) | -10.22% | -5.21% |
| Total Return (3Y, Annualized) | -3.32% | 16.68% |
| Total Return (5Y, Annualized) | -4.57% | 5.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Boeing (BA) has an aggressive beta of 1.31, indicating higher sensitivity to broad-market moves, while L3Harris (LHX) is defensive at 0.46 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | BA | LHX |
|---|---|---|
| Volatility (1Y, Annualized) | 35.25% | 29.75% |
| Beta (5Y) | 1.31 | 0.46 |
| Max Drawdown (5Y) | -50.29% | -38.16% |
| Avg. Volume (3M) | 7.77M | 1.70M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BA | LHX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.41 | -0.32 |
| Sortino Ratio (1Y) | -0.60 | -0.45 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: L3Harris (LHX) earns 10.03% on shareholders’ equity, ranked against its industry; Boeing (BA) has no ROE this period.
BA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- BA
- --
LHX
Capital Goods industry group
10.03%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- LHX
- 10.03%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Both Boeing (BA) at 8.07% and L3Harris (LHX) at 8.76% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BA
Capital Goods industry group
8.07%
- Max
- 27.47%
- Q3
- 12.10%
- BA
- 8.07%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
LHX
Capital Goods industry group
8.76%
- Max
- 27.47%
- Q3
- 12.10%
- LHX
- 8.76%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
L3Harris (LHX) at 14.34% runs core operations around its industry’s norm, while Boeing (BA) at 0.30% operates in the bottom quartile.
BA
Capital Goods industry group
0.30%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- BA
- 0.30%
- Min
- -12.63%
LHX
Capital Goods industry group
14.34%
- Max
- 36.60%
- Q3
- 18.33%
- LHX
- 14.34%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | BA | LHX |
|---|---|---|
| ROE (TTM) | -- | 10.03% |
| ROA (TTM) | -0.11% | 4.56% |
| Net Margin (TTM) | 8.07% | 8.76% |
| Operating Margin (TTM) | 0.30% | 14.34% |
| Gross Margin (TTM) | 9.45% | 25.55% |
Growth
Revenue Growth
Boeing (BA) at 34.50% sits in the top revenue growth quartile, while L3Harris (LHX) at 2.53% is closer to the peer norm — faster top-line expansion for BA.
EPS Growth
Only one side can be read here: L3Harris (LHX) reports EPS growth of 8.39%, ranked against its industry; Boeing (BA) has no EPS growth figure this period.
Growth Metrics
| Metric | BA | LHX |
|---|---|---|
| Revenue Growth (YoY) | 34.50% | 2.53% |
| Revenue Growth (3Y CAGR) | 10.33% | 8.62% |
| EPS Growth (YoY) | -- | 8.39% |
| EPS Growth (3Y CAGR) | -- | 15.82% |
Financial Strength
Current Ratio (MRQ)
Both Boeing (BA) at 1.13 and L3Harris (LHX) at 1.20 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
BA
Capital Goods industry group
1.13
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- BA
- 1.13
- Min
- 0.36
LHX
Capital Goods industry group
1.20
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- LHX
- 1.20
- Min
- 0.36
Debt / Equity (MRQ)
L3Harris (LHX) at 0.52 is near its industry mid-range for debt-to-equity ratio, while Boeing (BA) at 7.39 sits above its benchmark range, pointing to a heavier debt load relative to equity.
BA
Capital Goods industry group
7.39
- BA
- 7.39
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
LHX
Capital Goods industry group
0.52
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- LHX
- 0.52
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | BA | LHX |
|---|---|---|
| Current Ratio (MRQ) | 1.13 | 1.20 |
| Debt / Equity (MRQ) | 7.39 | 0.52 |
| Net Debt / EBITDA | 13.81 | 1.88 |
Dividends
Dividend Yield (TTM)
Boeing (BA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile L3Harris (LHX) reports a yield of 1.92%, ranking against industry peers normally.
BA
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- BA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LHX
Capital Goods industry group
1.92%
- Max
- 2.66%
- LHX
- 1.92%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Boeing (BA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile L3Harris (LHX) reports a payout of 46.09%, ranking against industry peers normally.
BA
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- BA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
LHX
Capital Goods industry group
46.09%
- Max
- 67.39%
- LHX
- 46.09%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BA | LHX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.92% |
| Dividend Payout Ratio (TTM) | 0.00% | 46.09% |
Valuation
P/E Ratio (TTM)
Boeing (BA) at 17.89 sits in the cheaper P/E ratio quartile, while L3Harris (LHX) at 24.20 is closer to its industry’s usual earnings multiple — a discount for BA, though growth and earnings durability still matter.
BA
Capital Goods industry group
17.89
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- BA
- 17.89
- Min
- 3.03
LHX
Capital Goods industry group
24.20
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- LHX
- 24.20
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Boeing (BA) at 1.45 and L3Harris (LHX) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
BA
Capital Goods industry group
1.45
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- BA
- 1.45
- Q1
- 1.03
- Min
- 0.03
LHX
Capital Goods industry group
2.07
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- LHX
- 2.07
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
L3Harris (LHX) at 2.39 sits near its industry’s typical P/B ratio, while Boeing (BA) at 20.99 prices above its benchmark range — BA looks rich relative to book.
BA
Capital Goods industry group
20.99
- BA
- 20.99
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
LHX
Capital Goods industry group
2.39
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- LHX
- 2.39
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | BA | LHX |
|---|---|---|
| P/E Ratio (TTM) | 17.89 | 24.20 |
| P/S Ratio (TTM) | 1.45 | 2.07 |
| P/B Ratio (MRQ) | 20.99 | 2.39 |
| Free Cash Flow Yield (TTM) | 3.44% | 7.09% |