GD vs. LHX: A Head-to-Head Stock Comparison

Updated on August 23, 2025

Here’s a clear look at GD and LHX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	GD	LHX
Company Name	General Dynamics Corporation	L3Harris Technologies, Inc.
Country	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry	Aerospace & Defense	Aerospace & Defense
Market Capitalization	85.40 billion USD	51.67 billion USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	December 31, 1981
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of GD and LHX by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

GD vs. LHX: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	GD	LHX
5-Day Price Return	0.52%	1.88%
13-Week Price Return	12.83%	19.56%
26-Week Price Return	28.97%	38.08%
52-Week Price Return	7.40%	19.82%
Month-to-Date Return	1.88%	0.48%
Year-to-Date Return	20.49%	31.32%
10-Day Avg. Volume	0.91M	1.24M
3-Month Avg. Volume	1.21M	1.45M
3-Month Volatility	17.95%	17.88%
Beta	0.48	0.76

Profitability

Return on Equity (TTM)

GD

17.99%

Aerospace & Defense Industry

Max: 43.89%
Q3: 22.42%
Median: 12.50%
Q1: 5.21%
Min: -6.24%

GD’s Return on Equity of 17.99% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.

LHX

8.82%

Aerospace & Defense Industry

Max: 43.89%
Q3: 22.42%
Median: 12.50%
Q1: 5.21%
Min: -6.24%

LHX’s Return on Equity of 8.82% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.

GD vs. LHX: A comparison of their Return on Equity (TTM) against the Aerospace & Defense industry benchmark.

Net Profit Margin (TTM)

GD

8.13%

Aerospace & Defense Industry

Max: 14.54%
Q3: 8.08%
Median: 6.17%
Q1: 2.49%
Min: -1.63%

A Net Profit Margin of 8.13% places GD in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.

LHX

7.94%

Aerospace & Defense Industry

Max: 14.54%
Q3: 8.08%
Median: 6.17%
Q1: 2.49%
Min: -1.63%

LHX’s Net Profit Margin of 7.94% is aligned with the median group of its peers in the Aerospace & Defense industry. This indicates its ability to convert revenue into profit is typical for the sector.

GD vs. LHX: A comparison of their Net Profit Margin (TTM) against the Aerospace & Defense industry benchmark.

Operating Profit Margin (TTM)

GD

10.30%

Aerospace & Defense Industry

Max: 16.63%
Q3: 10.38%
Median: 8.29%
Q1: 6.21%
Min: 0.95%

GD’s Operating Profit Margin of 10.30% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.

LHX

10.11%

Aerospace & Defense Industry

Max: 16.63%
Q3: 10.38%
Median: 8.29%
Q1: 6.21%
Min: 0.95%

LHX’s Operating Profit Margin of 10.11% is around the midpoint for the Aerospace & Defense industry, indicating that its efficiency in managing core business operations is typical for the sector.

GD vs. LHX: A comparison of their Operating Profit Margin (TTM) against the Aerospace & Defense industry benchmark.

Profitability at a Glance

Symbol	GD	LHX
Return on Equity (TTM)	17.99%	8.82%
Return on Assets (TTM)	7.21%	4.08%
Net Profit Margin (TTM)	8.13%	7.94%
Operating Profit Margin (TTM)	10.30%	10.11%
Gross Profit Margin (TTM)	15.40%	25.74%

Financial Strength

Current Ratio (MRQ)

GD

1.36

Aerospace & Defense Industry

Max: 3.09
Q3: 1.98
Median: 1.23
Q1: 1.03
Min: 0.02

GD’s Current Ratio of 1.36 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.

LHX

1.04

Aerospace & Defense Industry

Max: 3.09
Q3: 1.98
Median: 1.23
Q1: 1.03
Min: 0.02

LHX’s Current Ratio of 1.04 aligns with the median group of the Aerospace & Defense industry, indicating that its short-term liquidity is in line with its sector peers.

GD vs. LHX: A comparison of their Current Ratio (MRQ) against the Aerospace & Defense industry benchmark.

Debt-to-Equity Ratio (MRQ)

GD

0.37

Aerospace & Defense Industry

Max: 1.70
Q3: 1.04
Median: 0.68
Q1: 0.41
Min: 0.00

Falling into the lower quartile for the Aerospace & Defense industry, GD’s Debt-to-Equity Ratio of 0.37 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

LHX

0.63

Aerospace & Defense Industry

Max: 1.70
Q3: 1.04
Median: 0.68
Q1: 0.41
Min: 0.00

LHX’s Debt-to-Equity Ratio of 0.63 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

GD vs. LHX: A comparison of their Debt-to-Equity Ratio (MRQ) against the Aerospace & Defense industry benchmark.

Interest Coverage Ratio (TTM)

GD

15.01

Aerospace & Defense Industry

Max: 36.57
Q3: 19.90
Median: 7.04
Q1: 2.40
Min: -7.63

GD’s Interest Coverage Ratio of 15.01 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.

LHX

3.37

Aerospace & Defense Industry

Max: 36.57
Q3: 19.90
Median: 7.04
Q1: 2.40
Min: -7.63

LHX’s Interest Coverage Ratio of 3.37 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.

GD vs. LHX: A comparison of their Interest Coverage Ratio (TTM) against the Aerospace & Defense industry benchmark.

Financial Strength at a Glance

Symbol	GD	LHX
Current Ratio (MRQ)	1.36	1.04
Quick Ratio (MRQ)	0.83	0.87
Debt-to-Equity Ratio (MRQ)	0.37	0.63
Interest Coverage Ratio (TTM)	15.01	3.37

Growth

Revenue Growth

GD vs. LHX: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

GD vs. LHX: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

GD

1.83%

Aerospace & Defense Industry

Max: 2.03%
Q3: 1.22%
Median: 0.43%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 1.83%, GD offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.

LHX

1.73%

Aerospace & Defense Industry

Max: 2.03%
Q3: 1.22%
Median: 0.43%
Q1: 0.00%
Min: 0.00%

With a Dividend Yield of 1.73%, LHX offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.

GD vs. LHX: A comparison of their Dividend Yield (TTM) against the Aerospace & Defense industry benchmark.

Dividend Payout Ratio (TTM)

GD

38.28%

Aerospace & Defense Industry

Max: 83.87%
Q3: 49.90%
Median: 16.48%
Q1: 0.00%
Min: 0.00%

GD’s Dividend Payout Ratio of 38.28% is within the typical range for the Aerospace & Defense industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

LHX

52.68%

Aerospace & Defense Industry

Max: 83.87%
Q3: 49.90%
Median: 16.48%
Q1: 0.00%
Min: 0.00%

LHX’s Dividend Payout Ratio of 52.68% is in the upper quartile for the Aerospace & Defense industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

GD vs. LHX: A comparison of their Dividend Payout Ratio (TTM) against the Aerospace & Defense industry benchmark.

Dividend at a Glance

Symbol	GD	LHX
Dividend Yield (TTM)	1.83%	1.73%
Dividend Payout Ratio (TTM)	38.28%	52.68%

Valuation

Price-to-Earnings Ratio (TTM)

GD

20.88

Aerospace & Defense Industry

Max: 65.97
Q3: 54.11
Median: 34.53
Q1: 23.66
Min: 0.00

In the lower quartile for the Aerospace & Defense industry, GD’s P/E Ratio of 20.88 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

LHX

30.52

Aerospace & Defense Industry

Max: 65.97
Q3: 54.11
Median: 34.53
Q1: 23.66
Min: 0.00

LHX’s P/E Ratio of 30.52 is within the middle range for the Aerospace & Defense industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

GD vs. LHX: A comparison of their Price-to-Earnings Ratio (TTM) against the Aerospace & Defense industry benchmark.

Price-to-Sales Ratio (TTM)

GD

1.70

Aerospace & Defense Industry

Max: 8.07
Q3: 4.49
Median: 2.42
Q1: 1.39
Min: 0.00

GD’s P/S Ratio of 1.70 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

LHX

2.42

Aerospace & Defense Industry

Max: 8.07
Q3: 4.49
Median: 2.42
Q1: 1.39
Min: 0.00

LHX’s P/S Ratio of 2.42 aligns with the market consensus for the Aerospace & Defense industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

GD vs. LHX: A comparison of their Price-to-Sales Ratio (TTM) against the Aerospace & Defense industry benchmark.

Price-to-Book Ratio (MRQ)

GD

3.32

Aerospace & Defense Industry

Max: 13.67
Q3: 7.92
Median: 4.65
Q1: 2.68
Min: 0.82

GD’s P/B Ratio of 3.32 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

LHX

2.40

Aerospace & Defense Industry

Max: 13.67
Q3: 7.92
Median: 4.65
Q1: 2.68
Min: 0.82

LHX’s P/B Ratio of 2.40 is in the lower quartile for the Aerospace & Defense industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

GD vs. LHX: A comparison of their Price-to-Book Ratio (MRQ) against the Aerospace & Defense industry benchmark.

Valuation at a Glance

Symbol	GD	LHX
Price-to-Earnings Ratio (TTM)	20.88	30.52
Price-to-Sales Ratio (TTM)	1.70	2.42
Price-to-Book Ratio (MRQ)	3.32	2.40
Price-to-Free Cash Flow Ratio (TTM)	19.34	22.86