HEI vs. LHX: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at HEI and LHX, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | HEI | LHX |
|---|---|---|
| Company Name | HEICO Corporation | L3Harris Technologies, Inc. |
| Country | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry | Aerospace & Defense | Aerospace & Defense |
| Market Capitalization | 39.18 billion USD | 56.69 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | December 31, 1981 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of HEI 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.
Historical Performance at a Glance
| Symbol | HEI | LHX |
|---|---|---|
| 5-Day Price Return | -0.25% | -0.79% |
| 13-Week Price Return | -1.08% | 18.16% |
| 26-Week Price Return | 19.17% | 44.46% |
| 52-Week Price Return | 23.70% | 24.64% |
| Month-to-Date Return | -0.25% | -0.79% |
| Year-to-Date Return | 35.45% | 44.10% |
| 10-Day Avg. Volume | 0.25M | 1.06M |
| 3-Month Avg. Volume | 0.41M | 1.23M |
| 3-Month Volatility | 29.82% | 14.66% |
| Beta | 1.05 | 0.67 |
Profitability
Return on Equity (TTM)
HEI
16.57%
Aerospace & Defense Industry
- Max
- 37.11%
- Q3
- 20.14%
- Median
- 11.72%
- Q1
- 6.30%
- Min
- -6.24%
HEI’s Return on Equity of 16.57% 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
- 37.11%
- Q3
- 20.14%
- Median
- 11.72%
- Q1
- 6.30%
- 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.
Net Profit Margin (TTM)
HEI
14.96%
Aerospace & Defense Industry
- Max
- 13.66%
- Q3
- 8.61%
- Median
- 6.59%
- Q1
- 4.92%
- Min
- 1.01%
HEI’s Net Profit Margin of 14.96% is exceptionally high, placing it well beyond the typical range for the Aerospace & Defense industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.
LHX
7.94%
Aerospace & Defense Industry
- Max
- 13.66%
- Q3
- 8.61%
- Median
- 6.59%
- Q1
- 4.92%
- Min
- 1.01%
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.
Operating Profit Margin (TTM)
HEI
22.35%
Aerospace & Defense Industry
- Max
- 22.35%
- Q3
- 12.83%
- Median
- 9.29%
- Q1
- 6.38%
- Min
- -2.15%
An Operating Profit Margin of 22.35% places HEI in the upper quartile for the Aerospace & Defense industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
LHX
10.11%
Aerospace & Defense Industry
- Max
- 22.35%
- Q3
- 12.83%
- Median
- 9.29%
- Q1
- 6.38%
- Min
- -2.15%
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.
Profitability at a Glance
| Symbol | HEI | LHX |
|---|---|---|
| Return on Equity (TTM) | 16.57% | 8.82% |
| Return on Assets (TTM) | 8.00% | 4.08% |
| Net Profit Margin (TTM) | 14.96% | 7.94% |
| Operating Profit Margin (TTM) | 22.35% | 10.11% |
| Gross Profit Margin (TTM) | 39.51% | 25.74% |
Financial Strength
Current Ratio (MRQ)
HEI
3.35
Aerospace & Defense Industry
- Max
- 3.35
- Q3
- 2.03
- Median
- 1.24
- Q1
- 1.04
- Min
- 0.77
HEI’s Current Ratio of 3.35 is in the upper quartile for the Aerospace & Defense industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
LHX
1.04
Aerospace & Defense Industry
- Max
- 3.35
- Q3
- 2.03
- Median
- 1.24
- Q1
- 1.04
- Min
- 0.77
LHX’s Current Ratio of 1.04 falls into the lower quartile for the Aerospace & Defense industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio (MRQ)
HEI
0.59
Aerospace & Defense Industry
- Max
- 1.72
- Q3
- 0.96
- Median
- 0.63
- Q1
- 0.37
- Min
- 0.03
HEI’s Debt-to-Equity Ratio of 0.59 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.
LHX
0.63
Aerospace & Defense Industry
- Max
- 1.72
- Q3
- 0.96
- Median
- 0.63
- Q1
- 0.37
- Min
- 0.03
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.
Interest Coverage Ratio (TTM)
HEI
5.54
Aerospace & Defense Industry
- Max
- 36.57
- Q3
- 19.08
- Median
- 7.25
- Q1
- 2.65
- Min
- -7.63
HEI’s Interest Coverage Ratio of 5.54 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
- 19.08
- Median
- 7.25
- Q1
- 2.65
- 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.
Financial Strength at a Glance
| Symbol | HEI | LHX |
|---|---|---|
| Current Ratio (MRQ) | 3.35 | 1.04 |
| Quick Ratio (MRQ) | 1.40 | 0.87 |
| Debt-to-Equity Ratio (MRQ) | 0.59 | 0.63 |
| Interest Coverage Ratio (TTM) | 5.54 | 3.37 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
HEI
0.08%
Aerospace & Defense Industry
- Max
- 2.72%
- Q3
- 1.45%
- Median
- 0.48%
- Q1
- 0.08%
- Min
- 0.00%
HEI’s Dividend Yield of 0.08% is consistent with its peers in the Aerospace & Defense industry, providing a dividend return that is standard for its sector.
LHX
1.58%
Aerospace & Defense Industry
- Max
- 2.72%
- Q3
- 1.45%
- Median
- 0.48%
- Q1
- 0.08%
- Min
- 0.00%
With a Dividend Yield of 1.58%, LHX offers a more attractive income stream than most of its peers in the Aerospace & Defense industry, signaling a strong commitment to shareholder returns.
Dividend Payout Ratio (TTM)
HEI
9.26%
Aerospace & Defense Industry
- Max
- 110.40%
- Q3
- 50.43%
- Median
- 17.11%
- Q1
- 0.46%
- Min
- 0.00%
HEI’s Dividend Payout Ratio of 9.26% 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
- 110.40%
- Q3
- 50.43%
- Median
- 17.11%
- Q1
- 0.46%
- 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.
Dividend at a Glance
| Symbol | HEI | LHX |
|---|---|---|
| Dividend Yield (TTM) | 0.08% | 1.58% |
| Dividend Payout Ratio (TTM) | 9.26% | 52.68% |
Valuation
Price-to-Earnings Ratio (TTM)
HEI
60.96
Aerospace & Defense Industry
- Max
- 67.20
- Q3
- 55.74
- Median
- 33.28
- Q1
- 27.49
- Min
- 15.02
A P/E Ratio of 60.96 places HEI in the upper quartile for the Aerospace & Defense industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
LHX
33.32
Aerospace & Defense Industry
- Max
- 67.20
- Q3
- 55.74
- Median
- 33.28
- Q1
- 27.49
- Min
- 15.02
LHX’s P/E Ratio of 33.32 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.
Price-to-Sales Ratio (TTM)
HEI
9.12
Aerospace & Defense Industry
- Max
- 9.06
- Q3
- 4.87
- Median
- 2.47
- Q1
- 1.61
- Min
- 0.33
With a P/S Ratio of 9.12, HEI trades at a valuation that eclipses even the highest in the Aerospace & Defense industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
LHX
2.65
Aerospace & Defense Industry
- Max
- 9.06
- Q3
- 4.87
- Median
- 2.47
- Q1
- 1.61
- Min
- 0.33
LHX’s P/S Ratio of 2.65 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.
Price-to-Book Ratio (MRQ)
HEI
9.58
Aerospace & Defense Industry
- Max
- 14.90
- Q3
- 8.93
- Median
- 4.70
- Q1
- 3.03
- Min
- 0.83
HEI’s P/B Ratio of 9.58 is in the upper tier for the Aerospace & Defense industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.
LHX
2.40
Aerospace & Defense Industry
- Max
- 14.90
- Q3
- 8.93
- Median
- 4.70
- Q1
- 3.03
- Min
- 0.83
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.
Valuation at a Glance
| Symbol | HEI | LHX |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 60.96 | 33.32 |
| Price-to-Sales Ratio (TTM) | 9.12 | 2.65 |
| Price-to-Book Ratio (MRQ) | 9.58 | 2.40 |
| Price-to-Free Cash Flow Ratio (TTM) | 50.00 | 24.96 |