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DE vs. LHX: Deere vs. L3Harris Stock Comparison

How do Deere (DE) 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

Deere (DE) and L3Harris (LHX) both fall under the Capital Goods industry group, but DE is classified in Machinery while LHX is classified in Aerospace & Defense.

Company profile comparison for Deere (DE) and L3Harris (LHX)
Profile ItemDELHX
NameDeere & CompanyL3Harris Technologies, Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryMachineryAerospace & Defense
GICS Sub-IndustryAgricultural & Farm MachineryAerospace & Defense
Market Capitalization181.09 billion USD48.39 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 1, 1972December 31, 1981
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

DE
LHX
GSPC
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Deere (DE) vs. L3Harris (LHX), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Deere (DE) and L3Harris (LHX). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Deere (DE) and L3Harris (LHX). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
Total Return (1Y)49.27%-5.21%
Total Return (3Y, Annualized)24.81%16.68%
Total Return (5Y, Annualized)15.67%5.91%

Risk Profile

Drawdown History

DE
LHX
GSPC
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Deere (DE) vs. L3Harris (LHX), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Deere (DE) and L3Harris (LHX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
Volatility (1Y, Annualized)33.18%29.75%
Beta (5Y)0.880.46
Max Drawdown (5Y)-33.81%-38.16%
Avg. Volume (3M)1.23M1.70M

Risk-Adjusted Performance

Risk-Return Positioning

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DE and LHX are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
Sharpe Ratio (1Y)1.36-0.32
Sortino Ratio (1Y)2.26-0.45

Profitability

ROE (TTM)

Both Deere (DE) at 18.24% and L3Harris (LHX) at 10.03% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

DE

Capital Goods industry group

18.24%

Max
40.55%
Q3
19.29%
DE
18.24%
Median
12.12%
Q1
4.08%
Min
-17.12%

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%
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Deere (DE) vs. L3Harris (LHX): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Deere (DE) at 10.17% 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.

DE

Capital Goods industry group

10.17%

Max
27.47%
Q3
12.10%
DE
10.17%
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%
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Deere (DE) vs. L3Harris (LHX): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Deere (DE) at 13.37% and L3Harris (LHX) at 14.34% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

DE

Capital Goods industry group

13.37%

Max
36.60%
Q3
18.33%
DE
13.37%
Median
11.12%
Q1
5.14%
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%
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Deere (DE) vs. L3Harris (LHX): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
ROE (TTM)18.24%10.03%
ROA (TTM)3.76%4.56%
Net Margin (TTM)10.17%8.76%
Operating Margin (TTM)13.37%14.34%
Gross Margin (TTM)25.18%25.55%

Growth

Revenue Growth

L3Harris (LHX) at 2.53% is around its peer norm for revenue growth, while Deere (DE) at -11.59% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Deere (DE) vs. L3Harris (LHX): A comparison of their Revenue Growth across different time periods.

EPS Growth

L3Harris (LHX) at 8.39% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.

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Deere (DE) vs. L3Harris (LHX): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
Revenue Growth (YoY)-11.59%2.53%
Revenue Growth (3Y CAGR)-4.50%8.62%
EPS Growth (YoY)-27.79%8.39%
EPS Growth (3Y CAGR)-7.37%15.82%

Financial Strength

Current Ratio (MRQ)

Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while L3Harris (LHX) at 1.20 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LHX.

DE

Capital Goods industry group

2.13

Max
5.22
Q3
2.95
DE
2.13
Median
2.08
Q1
1.43
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
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Deere (DE) vs. L3Harris (LHX): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

L3Harris (LHX) at 0.52 carries an industry-typical debt-to-equity mix, while Deere (DE) at 2.30 uses more debt funding than most peers.

DE

Capital Goods industry group

2.30

Max
2.33
DE
2.30
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
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Deere (DE) vs. L3Harris (LHX): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
Current Ratio (MRQ)2.131.20
Debt / Equity (MRQ)2.300.52
Net Debt / EBITDA6.701.88

Dividends

Dividend Yield (TTM)

L3Harris (LHX) at 1.92% delivers top-quartile income for its industry, while Deere (DE) at 0.98% pays a more typical yield — both are credible income propositions, LHX the richer one.

DE

Capital Goods industry group

0.98%

Max
2.66%
Q3
1.14%
DE
0.98%
Median
0.24%
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%
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Deere (DE) vs. L3Harris (LHX): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Deere (DE) at 36.02% and L3Harris (LHX) at 46.09% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

DE

Capital Goods industry group

36.02%

Max
67.39%
DE
36.02%
Q3
28.02%
Median
6.86%
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%
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Deere (DE) vs. L3Harris (LHX): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
Dividend Yield (TTM)0.98%1.92%
Dividend Payout Ratio (TTM)36.02%46.09%

Valuation

P/E Ratio (TTM)

L3Harris (LHX) at 24.20 is near its industry’s usual P/E ratio, while Deere (DE) at 37.33 sits in the richer quartile — DE needs stronger growth or earnings quality to justify the premium.

DE

Capital Goods industry group

37.33

Max
59.38
DE
37.33
Q3
35.92
Median
25.41
Q1
19.47
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
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Deere (DE) vs. L3Harris (LHX): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

L3Harris (LHX) at 2.07 is priced about in line with its industry on P/S ratio, while Deere (DE) at 3.78 sits in the pricier quartile — DE costs more per dollar of sales.

DE

Capital Goods industry group

3.78

Max
7.54
DE
3.78
Q3
3.76
Median
2.15
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
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Deere (DE) vs. L3Harris (LHX): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

L3Harris (LHX) at 2.39 is valued about in line with its industry on P/B ratio, while Deere (DE) at 6.47 carries an above-peer premium to book — DE is pricier on assets.

DE

Capital Goods industry group

6.47

Max
9.66
DE
6.47
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
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Deere (DE) vs. L3Harris (LHX): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Deere (DE) and L3Harris (LHX)
MetricDELHX
P/E Ratio (TTM)37.3324.20
P/S Ratio (TTM)3.782.07
P/B Ratio (MRQ)6.472.39
Free Cash Flow Yield (TTM)2.49%7.09%