FLS vs. LHX: Flowserve vs. L3Harris Stock Comparison
How do Flowserve (FLS) 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
Flowserve (FLS) and L3Harris (LHX) both fall under the Capital Goods industry group, but FLS is classified in Machinery while LHX is classified in Aerospace & Defense.
| Profile Item | FLS | LHX |
|---|---|---|
| Name | Flowserve Corporation | L3Harris Technologies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Aerospace & Defense |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Aerospace & Defense |
| Market Capitalization | 10.19 billion USD | 48.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FLS | LHX |
|---|---|---|
| Total Return (1Y) | 24.11% | -5.21% |
| Total Return (3Y, Annualized) | 33.68% | 16.68% |
| Total Return (5Y, Annualized) | 22.48% | 5.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FLS | LHX |
|---|---|---|
| Volatility (1Y, Annualized) | 42.18% | 29.75% |
| Beta (5Y) | 1.24 | 0.46 |
| Max Drawdown (5Y) | -38.76% | -38.16% |
| Avg. Volume (3M) | 1.61M | 1.70M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FLS | LHX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.47 | -0.32 |
| Sortino Ratio (1Y) | 0.70 | -0.45 |
Profitability
ROE (TTM)
Both Flowserve (FLS) at 11.61% 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.
FLS
Capital Goods industry group
11.61%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- FLS
- 11.61%
- 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 Flowserve (FLS) at 5.42% 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.
FLS
Capital Goods industry group
5.42%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- FLS
- 5.42%
- 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 Flowserve (FLS) at 13.45% and L3Harris (LHX) at 14.34% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
FLS
Capital Goods industry group
13.45%
- Max
- 36.60%
- Q3
- 18.33%
- FLS
- 13.45%
- 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%
Profitability Metrics
| Metric | FLS | LHX |
|---|---|---|
| ROE (TTM) | 11.61% | 10.03% |
| ROA (TTM) | 6.36% | 4.56% |
| Net Margin (TTM) | 5.42% | 8.76% |
| Operating Margin (TTM) | 13.45% | 14.34% |
| Gross Margin (TTM) | 35.30% | 25.55% |
Growth
Revenue Growth
Both Flowserve (FLS) at 3.76% 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
Both Flowserve (FLS) at 23.36% and L3Harris (LHX) at 8.39% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | FLS | LHX |
|---|---|---|
| Revenue Growth (YoY) | 3.76% | 2.53% |
| Revenue Growth (3Y CAGR) | 9.37% | 8.62% |
| EPS Growth (YoY) | 23.36% | 8.39% |
| EPS Growth (3Y CAGR) | 22.39% | 15.82% |
Financial Strength
Current Ratio (MRQ)
Flowserve (FLS) at 2.10 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.
FLS
Capital Goods industry group
2.10
- Max
- 5.22
- Q3
- 2.95
- FLS
- 2.10
- 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
Debt / Equity (MRQ)
Both Flowserve (FLS) at 0.95 and L3Harris (LHX) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
FLS
Capital Goods industry group
0.95
- Max
- 2.33
- Q3
- 1.12
- FLS
- 0.95
- 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 | FLS | LHX |
|---|---|---|
| Current Ratio (MRQ) | 2.10 | 1.20 |
| Debt / Equity (MRQ) | 0.95 | 0.52 |
| Net Debt / EBITDA | 2.08 | 1.88 |
Dividends
Dividend Yield (TTM)
L3Harris (LHX) at 1.92% delivers top-quartile income for its industry, while Flowserve (FLS) at 1.11% pays a more typical yield — both are credible income propositions, LHX the richer one.
FLS
Capital Goods industry group
1.11%
- Max
- 2.66%
- Q3
- 1.14%
- FLS
- 1.11%
- 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%
Dividend Payout Ratio (TTM)
Both Flowserve (FLS) at 43.50% and L3Harris (LHX) at 46.09% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
FLS
Capital Goods industry group
43.50%
- Max
- 67.39%
- FLS
- 43.50%
- 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%
Dividend Metrics
| Metric | FLS | LHX |
|---|---|---|
| Dividend Yield (TTM) | 1.11% | 1.92% |
| Dividend Payout Ratio (TTM) | 43.50% | 46.09% |
Valuation
P/E Ratio (TTM)
L3Harris (LHX) at 24.20 is near its industry’s usual P/E ratio, while Flowserve (FLS) at 40.19 sits in the richer quartile — FLS needs stronger growth or earnings quality to justify the premium.
FLS
Capital Goods industry group
40.19
- Max
- 59.38
- FLS
- 40.19
- 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
P/S Ratio (TTM)
On P/S ratio, both Flowserve (FLS) at 2.17 and L3Harris (LHX) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
FLS
Capital Goods industry group
2.17
- Max
- 7.54
- Q3
- 3.76
- FLS
- 2.17
- 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
P/B Ratio (MRQ)
On P/B ratio, both Flowserve (FLS) at 4.40 and L3Harris (LHX) at 2.39 are valued close to their industries’ norm against book — neither stands out from peers.
FLS
Capital Goods industry group
4.40
- Max
- 9.66
- Q3
- 5.00
- FLS
- 4.40
- 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 | FLS | LHX |
|---|---|---|
| P/E Ratio (TTM) | 40.19 | 24.20 |
| P/S Ratio (TTM) | 2.17 | 2.07 |
| P/B Ratio (MRQ) | 4.40 | 2.39 |
| Free Cash Flow Yield (TTM) | 3.62% | 7.09% |