LHX vs. QXO: L3Harris vs. QXO Stock Comparison
How do L3Harris (LHX) and QXO (QXO) 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 QXO (QXO) both fall under the Capital Goods industry group, but LHX is classified in Aerospace & Defense while QXO is classified in Trading Companies & Distributors.
| Profile Item | LHX | QXO |
|---|---|---|
| Name | L3Harris Technologies, Inc. | QXO Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Trading Companies & Distributors |
| GICS Sub-Industry | Aerospace & Defense | Trading Companies & Distributors |
| Market Capitalization | 48.39 billion USD | 11.99 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | April 17, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LHX | QXO |
|---|---|---|
| Total Return (1Y) | -5.21% | -19.11% |
| Total Return (3Y, Annualized) | 16.68% | -16.39% |
| Total Return (5Y, Annualized) | 5.91% | -17.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
QXO (QXO) has a highly aggressive beta of 2.28, indicating much higher sensitivity to broad-market moves, while L3Harris (LHX) is defensive at 0.46 and tends to be less market-sensitive — a wide gap in beta profiles.
| Metric | LHX | QXO |
|---|---|---|
| Volatility (1Y, Annualized) | 29.75% | 68.10% |
| Beta (5Y) | 0.46 | 2.28 |
| Max Drawdown (5Y) | -38.16% | -95.70% |
| Avg. Volume (3M) | 1.70M | 19.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LHX | QXO |
|---|---|---|
| Sharpe Ratio (1Y) | -0.32 | -0.34 |
| Sortino Ratio (1Y) | -0.45 | -0.55 |
Profitability
ROE (TTM)
QXO (QXO) reports a negative ROE of -4.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile L3Harris (LHX) reports 10.03%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
-4.60%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- QXO
- -4.60%
- Min
- -17.12%
Net Margin (TTM)
QXO (QXO) reports a negative net margin of -5.17%, usually indicating a net loss over the period. Meanwhile L3Harris (LHX) reports 8.76%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
-5.17%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- QXO
- -5.17%
- Min
- -12.89%
Operating Margin (TTM)
L3Harris (LHX) at 14.34% runs core operations around its industry’s norm, while QXO (QXO) at 1.29% operates in the bottom quartile.
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%
QXO
Capital Goods industry group
1.29%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- QXO
- 1.29%
- Min
- -12.63%
Profitability Metrics
| Metric | LHX | QXO |
|---|---|---|
| ROE (TTM) | 10.03% | -4.60% |
| ROA (TTM) | 4.56% | -0.27% |
| Net Margin (TTM) | 8.76% | -5.17% |
| Operating Margin (TTM) | 14.34% | 1.29% |
| Gross Margin (TTM) | 25.55% | 24.54% |
Growth
Revenue Growth
QXO (QXO) at 11,924.96% clears its industry range for revenue growth, far stronger top-line momentum than L3Harris (LHX) at 2.53%, which is closer to a typical peer reading.
EPS Growth
L3Harris (LHX) at 8.39% is around its peer norm for EPS growth, while QXO (QXO) at -672.73% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | LHX | QXO |
|---|---|---|
| Revenue Growth (YoY) | 2.53% | 11,924.96% |
| Revenue Growth (3Y CAGR) | 8.62% | 433.80% |
| EPS Growth (YoY) | 8.39% | -672.73% |
| EPS Growth (3Y CAGR) | 15.82% | -- |
Financial Strength
Current Ratio (MRQ)
QXO (QXO) at 4.12 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
QXO
Capital Goods industry group
4.12
- Max
- 5.22
- QXO
- 4.12
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both L3Harris (LHX) at 0.52 and QXO (QXO) at 0.57 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
QXO
Capital Goods industry group
0.57
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- QXO
- 0.57
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | LHX | QXO |
|---|---|---|
| Current Ratio (MRQ) | 1.20 | 4.12 |
| Debt / Equity (MRQ) | 0.52 | 0.57 |
| Net Debt / EBITDA | 1.88 | 7.20 |
Dividends
Dividend Yield (TTM)
QXO (QXO) 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.
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%
QXO
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
QXO (QXO) 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.
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%
QXO
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LHX | QXO |
|---|---|---|
| Dividend Yield (TTM) | 1.92% | 0.00% |
| Dividend Payout Ratio (TTM) | 46.09% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: L3Harris (LHX) trades at 24.20 times trailing earnings, ranked against its peers, while QXO (QXO) has no P/E ratio this period.
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
QXO
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- QXO
- --
P/S Ratio (TTM)
On P/S ratio, both L3Harris (LHX) at 2.07 and QXO (QXO) at 1.21 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
QXO
Capital Goods industry group
1.21
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- QXO
- 1.21
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
QXO (QXO) at 0.90 sits in the lower P/B ratio quartile against book while L3Harris (LHX) at 2.39 is valued near its industry’s middle — QXO is cheaper on assets, though weigh it against ROE and asset quality.
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
QXO
Capital Goods industry group
0.90
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- QXO
- 0.90
- Min
- -1.08
Valuation Metrics
| Metric | LHX | QXO |
|---|---|---|
| P/E Ratio (TTM) | 24.20 | -- |
| P/S Ratio (TTM) | 2.07 | 1.21 |
| P/B Ratio (MRQ) | 2.39 | 0.90 |
| Free Cash Flow Yield (TTM) | 7.09% | -21.23% |