GGG vs. LHX: Graco vs. L3Harris Stock Comparison

November 11, 2026

How do Graco (GGG) 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

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

Company profile comparison for Graco (GGG) and L3Harris (LHX)
Profile Item	GGG	LHX
Name	Graco Inc.	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	10.88 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

GGG

LHX

GSPC

Graco (GGG) 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 Graco (GGG) and L3Harris (LHX). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
Total Return (1Y)	-12.76%	-5.21%
Total Return (3Y, Annualized)	-1.59%	16.68%
Total Return (5Y, Annualized)	-1.14%	5.91%

Risk Profile

Drawdown History

GGG

LHX

GSPC

Graco (GGG) 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 Graco (GGG) and L3Harris (LHX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
Volatility (1Y, Annualized)	26.08%	29.75%
Beta (5Y)	0.87	0.46
Max Drawdown (5Y)	-29.55%	-38.16%
Avg. Volume (3M)	1.99M	1.70M

Risk-Adjusted Performance

Risk-Return Positioning

GGG 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 Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
Sharpe Ratio (1Y)	-0.65	-0.32
Sortino Ratio (1Y)	-0.80	-0.45

Profitability

ROE (TTM)

Graco (GGG) at 20.38% sits in the top ROE quartile, while L3Harris (LHX) at 10.03% is closer to the peer norm — stronger capital efficiency for GGG.

GGG

Capital Goods industry group

20.38%

Max: 40.55%
GGG: 20.38%
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%

Graco (GGG) vs. L3Harris (LHX): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Graco (GGG) at 22.40% retains a top-quartile share of revenue as profit, ahead of L3Harris (LHX) at 8.76%, which keeps about the industry-typical share.

GGG

Capital Goods industry group

22.40%

Max: 27.47%
GGG: 22.40%
Q3: 12.10%
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%

Graco (GGG) vs. L3Harris (LHX): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Graco (GGG) at 25.26% operates in the top operating margin quartile, ahead of L3Harris (LHX) at 14.34%, which runs around its industry’s norm.

GGG

Capital Goods industry group

25.26%

Max: 36.60%
GGG: 25.26%
Q3: 18.33%
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%

Graco (GGG) vs. L3Harris (LHX): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
ROE (TTM)	20.38%	10.03%
ROA (TTM)	12.02%	4.56%
Net Margin (TTM)	22.40%	8.76%
Operating Margin (TTM)	25.26%	14.34%
Gross Margin (TTM)	51.96%	25.55%

Growth

Revenue Growth

Both Graco (GGG) at 5.83% 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.

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

EPS Growth

Both Graco (GGG) at 9.22% 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.

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

Growth Metrics

Growth metrics for Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
Revenue Growth (YoY)	5.83%	2.53%
Revenue Growth (3Y CAGR)	1.43%	8.62%
EPS Growth (YoY)	9.22%	8.39%
EPS Growth (3Y CAGR)	5.01%	15.82%

Financial Strength

Current Ratio (MRQ)

Graco (GGG) 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.

GGG

Capital Goods industry group

2.13

Max: 5.22
Q3: 2.95
GGG: 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

Graco (GGG) vs. L3Harris (LHX): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Graco (GGG) at 0.07 keeps leverage in the lower industry quartile, while L3Harris (LHX) at 0.52 runs a more typical debt-to-equity mix.

GGG

Capital Goods industry group

0.07

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
GGG: 0.07
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

Graco (GGG) 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 Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
Current Ratio (MRQ)	2.13	1.20
Debt / Equity (MRQ)	0.07	0.52
Net Debt / EBITDA	0.03	1.88

Dividends

Dividend Yield (TTM)

Both Graco (GGG) at 1.74% and L3Harris (LHX) at 1.92% offer top-quartile dividend income relative to share price within their industries.

GGG

Capital Goods industry group

1.74%

Max: 2.66%
GGG: 1.74%
Q3: 1.14%
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%

Graco (GGG) vs. L3Harris (LHX): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Graco (GGG) at 37.42% and L3Harris (LHX) at 46.09% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

GGG

Capital Goods industry group

37.42%

Max: 67.39%
GGG: 37.42%
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%

Graco (GGG) vs. L3Harris (LHX): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
Dividend Yield (TTM)	1.74%	1.92%
Dividend Payout Ratio (TTM)	37.42%	46.09%

Valuation

P/E Ratio (TTM)

Both Graco (GGG) at 21.89 and L3Harris (LHX) at 24.20 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

GGG

Capital Goods industry group

21.89

Max: 59.38
Q3: 35.92
Median: 25.41
GGG: 21.89
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

Graco (GGG) 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 Graco (GGG) at 4.71 sits in the pricier quartile — GGG costs more per dollar of sales.

GGG

Capital Goods industry group

4.71

Max: 7.54
GGG: 4.71
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

Graco (GGG) vs. L3Harris (LHX): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Graco (GGG) at 4.41 and L3Harris (LHX) at 2.39 are valued close to their industries’ norm against book — neither stands out from peers.

GGG

Capital Goods industry group

4.41

Max: 9.66
Q3: 5.00
GGG: 4.41
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

Graco (GGG) vs. L3Harris (LHX): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Graco (GGG) and L3Harris (LHX)
Metric	GGG	LHX
P/E Ratio (TTM)	21.89	24.20
P/S Ratio (TTM)	4.71	2.07
P/B Ratio (MRQ)	4.41	2.39
Free Cash Flow Yield (TTM)	3.94%	7.09%