GNRC vs. LHX: Generac vs. L3Harris Stock Comparison
How do Generac (GNRC) 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
Generac (GNRC) and L3Harris (LHX) both fall under the Capital Goods industry group, but GNRC is classified in Electrical Equipment while LHX is classified in Aerospace & Defense.
| Profile Item | GNRC | LHX |
|---|---|---|
| Name | Generac Holdings Inc. | L3Harris Technologies, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Aerospace & Defense |
| GICS Sub-Industry | Electrical Components & Equipment | Aerospace & Defense |
| Market Capitalization | 10.43 billion USD | 48.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 11, 2010 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GNRC | LHX |
|---|---|---|
| Total Return (1Y) | 23.38% | -5.21% |
| Total Return (3Y, Annualized) | 23.05% | 16.68% |
| Total Return (5Y, Annualized) | -15.31% | 5.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Generac (GNRC) has an aggressive beta of 1.84, indicating higher sensitivity to broad-market moves, while L3Harris (LHX) is defensive at 0.46 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | GNRC | LHX |
|---|---|---|
| Volatility (1Y, Annualized) | 59.48% | 29.75% |
| Beta (5Y) | 1.84 | 0.46 |
| Max Drawdown (5Y) | -81.73% | -38.16% |
| Avg. Volume (3M) | 1.22M | 1.70M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GNRC | LHX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.32 | -0.32 |
| Sortino Ratio (1Y) | 0.50 | -0.45 |
Profitability
ROE (TTM)
Both Generac (GNRC) at 10.64% 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.
GNRC
Capital Goods industry group
10.64%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- GNRC
- 10.64%
- 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 Generac (GNRC) at 6.52% 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.
GNRC
Capital Goods industry group
6.52%
- Max
- 27.47%
- Q3
- 12.10%
- GNRC
- 6.52%
- 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 Generac (GNRC) at 11.67% and L3Harris (LHX) at 14.34% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
GNRC
Capital Goods industry group
11.67%
- Max
- 36.60%
- Q3
- 18.33%
- GNRC
- 11.67%
- 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 | GNRC | LHX |
|---|---|---|
| ROE (TTM) | 10.64% | 10.03% |
| ROA (TTM) | 4.24% | 4.56% |
| Net Margin (TTM) | 6.52% | 8.76% |
| Operating Margin (TTM) | 11.67% | 14.34% |
| Gross Margin (TTM) | 38.18% | 25.55% |
Growth
Revenue Growth
L3Harris (LHX) at 2.53% is around its peer norm for revenue growth, while Generac (GNRC) at -2.02% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
L3Harris (LHX) at 8.39% is around its peer norm for EPS growth, while Generac (GNRC) at -50.09% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | GNRC | LHX |
|---|---|---|
| Revenue Growth (YoY) | -2.02% | 2.53% |
| Revenue Growth (3Y CAGR) | -2.67% | 8.62% |
| EPS Growth (YoY) | -50.09% | 8.39% |
| EPS Growth (3Y CAGR) | -20.83% | 15.82% |
Financial Strength
Current Ratio (MRQ)
Generac (GNRC) at 1.97 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.
GNRC
Capital Goods industry group
1.97
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- GNRC
- 1.97
- 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 Generac (GNRC) at 0.47 and L3Harris (LHX) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
GNRC
Capital Goods industry group
0.47
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- GNRC
- 0.47
- 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 | GNRC | LHX |
|---|---|---|
| Current Ratio (MRQ) | 1.97 | 1.20 |
| Debt / Equity (MRQ) | 0.47 | 0.52 |
| Net Debt / EBITDA | 1.65 | 1.88 |
Dividends
Dividend Yield (TTM)
Generac (GNRC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile L3Harris (LHX) reports a yield of 1.92%, ranking against industry peers normally.
GNRC
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- GNRC
- 0.00%
- 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)
Generac (GNRC) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile L3Harris (LHX) reports a payout of 46.09%, ranking against industry peers normally.
GNRC
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- GNRC
- 0.00%
- 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 | GNRC | LHX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 1.92% |
| Dividend Payout Ratio (TTM) | 0.00% | 46.09% |
Valuation
P/E Ratio (TTM)
Both Generac (GNRC) at 34.87 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.
GNRC
Capital Goods industry group
34.87
- Max
- 59.38
- Q3
- 35.92
- GNRC
- 34.87
- 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 Generac (GNRC) at 2.26 and L3Harris (LHX) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
GNRC
Capital Goods industry group
2.26
- Max
- 7.54
- Q3
- 3.76
- GNRC
- 2.26
- 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 Generac (GNRC) at 3.46 and L3Harris (LHX) at 2.39 are valued close to their industries’ norm against book — neither stands out from peers.
GNRC
Capital Goods industry group
3.46
- Max
- 9.66
- Q3
- 5.00
- GNRC
- 3.46
- 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 | GNRC | LHX |
|---|---|---|
| P/E Ratio (TTM) | 34.87 | 24.20 |
| P/S Ratio (TTM) | 2.26 | 2.07 |
| P/B Ratio (MRQ) | 3.46 | 2.39 |
| Free Cash Flow Yield (TTM) | 3.21% | 7.09% |