LHX vs. ROK: L3Harris vs. Rockwell Automation Stock Comparison

November 11, 2026

How do L3Harris (LHX) and Rockwell Automation (ROK) 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 Rockwell Automation (ROK) both fall under the Capital Goods industry group, but LHX is classified in Aerospace & Defense while ROK is classified in Electrical Equipment.

Company profile comparison for L3Harris (LHX) and Rockwell Automation (ROK)
Profile Item	LHX	ROK
Name	L3Harris Technologies, Inc.	Rockwell Automation Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Electrical Equipment
GICS Sub-Industry	Aerospace & Defense	Electrical Components & Equipment
Market Capitalization	48.39 billion USD	41.82 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 31, 1981	December 31, 1981
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

LHX

ROK

GSPC

L3Harris (LHX) vs. Rockwell Automation (ROK), 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 Rockwell Automation (ROK). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for L3Harris (LHX) and Rockwell Automation (ROK)
Metric	LHX	ROK
Total Return (1Y)	-5.21%	6.19%
Total Return (3Y, Annualized)	16.68%	16.94%
Total Return (5Y, Annualized)	5.91%	4.86%

Risk Profile

Drawdown History

LHX

ROK

GSPC

L3Harris (LHX) vs. Rockwell Automation (ROK), 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 Rockwell Automation (ROK). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Rockwell Automation (ROK) has an aggressive beta of 1.54, 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.

Risk profile metrics for L3Harris (LHX) and Rockwell Automation (ROK)
Metric	LHX	ROK
Volatility (1Y, Annualized)	29.75%	34.28%
Beta (5Y)	0.46	1.54
Max Drawdown (5Y)	-38.16%	-45.09%
Avg. Volume (3M)	1.70M	799.28K

Risk-Adjusted Performance

Risk-Return Positioning

LHX and ROK 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 Rockwell Automation (ROK)
Metric	LHX	ROK
Sharpe Ratio (1Y)	-0.32	0.06
Sortino Ratio (1Y)	-0.45	0.07

Profitability

ROE (TTM)

Rockwell Automation (ROK) at 38.73% sits in the top ROE quartile, while L3Harris (LHX) at 10.03% is closer to the peer norm — stronger capital efficiency for ROK.

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%

ROK

Capital Goods industry group

38.73%

Max: 40.55%
ROK: 38.73%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

L3Harris (LHX) vs. Rockwell Automation (ROK): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Rockwell Automation (ROK) at 15.68% retains a top-quartile share of revenue as profit, ahead of L3Harris (LHX) at 8.76%, which keeps about the industry-typical share.

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%

ROK

Capital Goods industry group

15.68%

Max: 27.47%
ROK: 15.68%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Both L3Harris (LHX) at 14.34% and Rockwell Automation (ROK) at 14.75% 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%

ROK

Capital Goods industry group

14.75%

Max: 36.60%
Q3: 18.33%
ROK: 14.75%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for L3Harris (LHX) and Rockwell Automation (ROK)
Metric	LHX	ROK
ROE (TTM)	10.03%	38.73%
ROA (TTM)	4.56%	9.32%
Net Margin (TTM)	8.76%	15.68%
Operating Margin (TTM)	14.34%	14.75%
Gross Margin (TTM)	25.55%	48.95%

Growth

Revenue Growth

Only one side can be read here: L3Harris (LHX) reports revenue growth of 2.53%, ranked against its industry; Rockwell Automation (ROK) has no revenue growth figure this period.

L3Harris (LHX) vs. Rockwell Automation (ROK): A comparison of their Revenue Growth across different time periods.

EPS Growth

Rockwell Automation (ROK) at 63.49% sits in the top EPS growth quartile, while L3Harris (LHX) at 8.39% is closer to the peer norm — faster per-share earnings growth for ROK.

L3Harris (LHX) vs. Rockwell Automation (ROK): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for L3Harris (LHX) and Rockwell Automation (ROK)
Metric	LHX	ROK
Revenue Growth (YoY)	2.53%	--
Revenue Growth (3Y CAGR)	8.62%	--
EPS Growth (YoY)	8.39%	63.49%
EPS Growth (3Y CAGR)	15.82%	1.62%

Financial Strength

Current Ratio (MRQ)

Rockwell Automation (ROK) at 2.11 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.

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

ROK

Capital Goods industry group

2.11

Max: 5.22
Q3: 2.95
ROK: 2.11
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both L3Harris (LHX) at 0.52 and Rockwell Automation (ROK) at 1.00 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

ROK

Capital Goods industry group

1.00

Max: 2.33
Q3: 1.12
ROK: 1.00
Median: 0.60
Q1: 0.29
Min: 0.00

L3Harris (LHX) vs. Rockwell Automation (ROK): 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 Rockwell Automation (ROK)
Metric	LHX	ROK
Current Ratio (MRQ)	1.20	2.11
Debt / Equity (MRQ)	0.52	1.00
Net Debt / EBITDA	1.88	1.58

Dividends

Dividend Yield (TTM)

Rockwell Automation (ROK) 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%

ROK

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
ROK: 0.00%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both L3Harris (LHX) at 46.09% and Rockwell Automation (ROK) at 51.03% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

ROK

Capital Goods industry group

51.03%

Max: 67.39%
ROK: 51.03%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for L3Harris (LHX) and Rockwell Automation (ROK)
Metric	LHX	ROK
Dividend Yield (TTM)	1.92%	0.00%
Dividend Payout Ratio (TTM)	46.09%	51.03%

Valuation

P/E Ratio (TTM)

Both L3Harris (LHX) at 24.20 and Rockwell Automation (ROK) at 29.97 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

ROK

Capital Goods industry group

29.97

Max: 59.38
Q3: 35.92
ROK: 29.97
Median: 25.41
Q1: 19.47
Min: 3.03

L3Harris (LHX) vs. Rockwell Automation (ROK): 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 Rockwell Automation (ROK) at 4.65 sits in the pricier quartile — ROK costs more per dollar of sales.

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

ROK

Capital Goods industry group

4.65

Max: 7.54
ROK: 4.65
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

L3Harris (LHX) at 2.39 sits near its industry’s typical P/B ratio, while Rockwell Automation (ROK) at 11.76 prices above its benchmark range — ROK looks rich relative to book.

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

ROK

Capital Goods industry group

11.76

ROK: 11.76
Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for L3Harris (LHX) and Rockwell Automation (ROK)
Metric	LHX	ROK
P/E Ratio (TTM)	24.20	29.97
P/S Ratio (TTM)	2.07	4.65
P/B Ratio (MRQ)	2.39	11.76
Free Cash Flow Yield (TTM)	7.09%	-1.13%