EME vs. LHX: EMCOR vs. L3Harris Stock Comparison
How do EMCOR (EME) 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
EMCOR (EME) and L3Harris (LHX) both fall under the Capital Goods industry group, but EME is classified in Construction & Engineering while LHX is classified in Aerospace & Defense.
| Profile Item | EME | LHX |
|---|---|---|
| Name | EMCOR Group, Inc. | L3Harris Technologies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Construction & Engineering | Aerospace & Defense |
| GICS Sub-Industry | Construction & Engineering | Aerospace & Defense |
| Market Capitalization | 26.64 billion USD | 48.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 10, 1995 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EME | LHX |
|---|---|---|
| Total Return (1Y) | 0.07% | -5.21% |
| Total Return (3Y, Annualized) | 46.16% | 16.68% |
| Total Return (5Y, Annualized) | 38.01% | 5.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EME | LHX |
|---|---|---|
| Volatility (1Y, Annualized) | 43.79% | 29.75% |
| Beta (5Y) | 1.17 | 0.46 |
| Max Drawdown (5Y) | -36.85% | -38.16% |
| Avg. Volume (3M) | 402.73K | 1.70M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EME | LHX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.10 | -0.32 |
| Sortino Ratio (1Y) | -0.14 | -0.45 |
Profitability
ROE (TTM)
EMCOR (EME) at 40.55% sits in the top ROE quartile, while L3Harris (LHX) at 10.03% is closer to the peer norm — stronger capital efficiency for EME.
EME
Capital Goods industry group
40.55%
- EME
- 40.55%
- Max
- 40.55%
- Q3
- 19.29%
- 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%
Net Margin (TTM)
Both EMCOR (EME) at 7.78% 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.
EME
Capital Goods industry group
7.78%
- Max
- 27.47%
- Q3
- 12.10%
- EME
- 7.78%
- 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)
Both EMCOR (EME) at 10.46% and L3Harris (LHX) at 14.34% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
EME
Capital Goods industry group
10.46%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- EME
- 10.46%
- 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%
Profitability Metrics
| Metric | EME | LHX |
|---|---|---|
| ROE (TTM) | 40.55% | 10.03% |
| ROA (TTM) | 12.33% | 4.56% |
| Net Margin (TTM) | 7.78% | 8.76% |
| Operating Margin (TTM) | 10.46% | 14.34% |
| Gross Margin (TTM) | 19.59% | 25.55% |
Growth
Revenue Growth
Both EMCOR (EME) at 16.62% and L3Harris (LHX) at 2.53% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
EMCOR (EME) at 30.99% sits in the top EPS growth quartile, while L3Harris (LHX) at 8.39% is closer to the peer norm — faster per-share earnings growth for EME.
Growth Metrics
| Metric | EME | LHX |
|---|---|---|
| Revenue Growth (YoY) | 16.62% | 2.53% |
| Revenue Growth (3Y CAGR) | 15.32% | 8.62% |
| EPS Growth (YoY) | 30.99% | 8.39% |
| EPS Growth (3Y CAGR) | 51.54% | 15.82% |
Financial Strength
Current Ratio (MRQ)
Both EMCOR (EME) at 1.17 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.
EME
Capital Goods industry group
1.17
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- EME
- 1.17
- 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)
EMCOR (EME) at 0.13 keeps leverage in the lower industry quartile, while L3Harris (LHX) at 0.52 runs a more typical debt-to-equity mix.
EME
Capital Goods industry group
0.13
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- EME
- 0.13
- 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 | EME | LHX |
|---|---|---|
| Current Ratio (MRQ) | 1.17 | 1.20 |
| Debt / Equity (MRQ) | 0.13 | 0.52 |
| Net Debt / EBITDA | -0.10 | 1.88 |
Dividends
Dividend Yield (TTM)
L3Harris (LHX) at 1.92% delivers top-quartile income for its industry, while EMCOR (EME) at 0.07% pays a more typical yield — both are credible income propositions, LHX the richer one.
EME
Capital Goods industry group
0.07%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- EME
- 0.07%
- 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)
EMCOR (EME) at 4.19% pays out a band-typical share of earnings, while L3Harris (LHX) at 46.09% distributes more than its industry norm — less retained, thinner cover.
EME
Capital Goods industry group
4.19%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- EME
- 4.19%
- 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 | EME | LHX |
|---|---|---|
| Dividend Yield (TTM) | 0.07% | 1.92% |
| Dividend Payout Ratio (TTM) | 4.19% | 46.09% |
Valuation
P/E Ratio (TTM)
EMCOR (EME) at 17.59 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 EME, though growth and earnings durability still matter.
EME
Capital Goods industry group
17.59
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- EME
- 17.59
- 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 EMCOR (EME) at 1.34 and L3Harris (LHX) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
EME
Capital Goods industry group
1.34
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- EME
- 1.34
- 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 is valued about in line with its industry on P/B ratio, while EMCOR (EME) at 6.26 carries an above-peer premium to book — EME is pricier on assets.
EME
Capital Goods industry group
6.26
- Max
- 9.66
- EME
- 6.26
- 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 | EME | LHX |
|---|---|---|
| P/E Ratio (TTM) | 17.59 | 24.20 |
| P/S Ratio (TTM) | 1.34 | 2.07 |
| P/B Ratio (MRQ) | 6.26 | 2.39 |
| Free Cash Flow Yield (TTM) | 4.82% | 7.09% |