LHX vs. PCAR: L3Harris vs. PACCAR Stock Comparison

November 11, 2026

How do L3Harris (LHX) and PACCAR (PCAR) 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

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

Company profile comparison for L3Harris (LHX) and PACCAR (PCAR)
Profile Item	LHX	PCAR
Name	L3Harris Technologies, Inc.	PACCAR Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Machinery
GICS Sub-Industry	Aerospace & Defense	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	48.39 billion USD	53.69 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	December 31, 1981	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LHX

PCAR

GSPC

L3Harris (LHX) vs. PACCAR (PCAR), 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 L3Harris (LHX) and PACCAR (PCAR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
Total Return (1Y)	-5.21%	9.49%
Total Return (3Y, Annualized)	16.68%	11.04%
Total Return (5Y, Annualized)	5.91%	16.64%

Risk Profile

Drawdown History

LHX

PCAR

GSPC

L3Harris (LHX) vs. PACCAR (PCAR), 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 L3Harris (LHX) and PACCAR (PCAR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
Volatility (1Y, Annualized)	29.75%	27.23%
Beta (5Y)	0.46	0.94
Max Drawdown (5Y)	-38.16%	-27.75%
Avg. Volume (3M)	1.70M	3.33M

Risk-Adjusted Performance

Risk-Return Positioning

LHX and PCAR 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 L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
Sharpe Ratio (1Y)	-0.32	0.19
Sortino Ratio (1Y)	-0.45	0.30

Profitability

ROE (TTM)

Both L3Harris (LHX) at 10.03% and PACCAR (PCAR) at 13.71% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

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%

PCAR

Capital Goods industry group

13.71%

Max: 40.55%
Q3: 19.29%
PCAR: 13.71%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

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

Net Margin (TTM)

Both L3Harris (LHX) at 8.76% and PACCAR (PCAR) at 9.50% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

PCAR

Capital Goods industry group

9.50%

Max: 27.47%
Q3: 12.10%
PCAR: 9.50%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Both L3Harris (LHX) at 14.34% and PACCAR (PCAR) at 12.59% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

PCAR

Capital Goods industry group

12.59%

Max: 36.60%
Q3: 18.33%
PCAR: 12.59%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
ROE (TTM)	10.03%	13.71%
ROA (TTM)	4.56%	4.53%
Net Margin (TTM)	8.76%	9.50%
Operating Margin (TTM)	14.34%	12.59%
Gross Margin (TTM)	25.55%	14.21%

Growth

Revenue Growth

L3Harris (LHX) at 2.53% is around its peer norm for revenue growth, while PACCAR (PCAR) at -15.50% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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

EPS Growth

L3Harris (LHX) at 8.39% is around its peer norm for EPS growth, while PACCAR (PCAR) at -42.91% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
Revenue Growth (YoY)	2.53%	-15.50%
Revenue Growth (3Y CAGR)	8.62%	-0.44%
EPS Growth (YoY)	8.39%	-42.91%
EPS Growth (3Y CAGR)	15.82%	-7.80%

Financial Strength

Current Ratio (MRQ)

PACCAR (PCAR) at 5.47 carries current ratio above its industry’s typical mid-range, while L3Harris (LHX) at 1.20 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

PCAR

Capital Goods industry group

5.47

PCAR: 5.47
Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both L3Harris (LHX) at 0.52 and PACCAR (PCAR) at 0.72 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

PCAR

Capital Goods industry group

0.72

Max: 2.33
Q3: 1.12
PCAR: 0.72
Median: 0.60
Q1: 0.29
Min: 0.00

L3Harris (LHX) vs. PACCAR (PCAR): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
Current Ratio (MRQ)	1.20	5.47
Debt / Equity (MRQ)	0.52	0.72
Net Debt / EBITDA	1.88	1.62

Dividends

Dividend Yield (TTM)

Both L3Harris (LHX) at 1.92% and PACCAR (PCAR) at 1.30% offer top-quartile dividend income relative to share price within their industries.

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%

PCAR

Capital Goods industry group

1.30%

Max: 2.66%
PCAR: 1.30%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

PACCAR (PCAR) at 25.95% pays out a band-typical share of earnings, while L3Harris (LHX) at 46.09% distributes more than its industry norm — less retained, thinner cover.

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%

PCAR

Capital Goods industry group

25.95%

Max: 67.39%
Q3: 28.02%
PCAR: 25.95%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
Dividend Yield (TTM)	1.92%	1.30%
Dividend Payout Ratio (TTM)	46.09%	25.95%

Valuation

P/E Ratio (TTM)

PACCAR (PCAR) at 19.46 sits in the cheaper P/E ratio quartile, while L3Harris (LHX) at 24.20 is closer to its industry’s usual earnings multiple — a discount for PCAR, though growth and earnings durability still matter.

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

PCAR

Capital Goods industry group

19.46

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
PCAR: 19.46
Min: 3.03

L3Harris (LHX) vs. PACCAR (PCAR): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both L3Harris (LHX) at 2.07 and PACCAR (PCAR) at 1.85 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

PCAR

Capital Goods industry group

1.85

Max: 7.54
Q3: 3.76
Median: 2.15
PCAR: 1.85
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

On P/B ratio, both L3Harris (LHX) at 2.39 and PACCAR (PCAR) at 2.57 are valued close to their industries’ norm against book — neither stands out from peers.

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

PCAR

Capital Goods industry group

2.57

Max: 9.66
Q3: 5.00
Median: 3.12
PCAR: 2.57
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for L3Harris (LHX) and PACCAR (PCAR)
Metric	LHX	PCAR
P/E Ratio (TTM)	24.20	19.46
P/S Ratio (TTM)	2.07	1.85
P/B Ratio (MRQ)	2.39	2.57
Free Cash Flow Yield (TTM)	7.09%	3.23%