LHX vs. SNA: L3Harris vs. Snap-on Stock Comparison
How do L3Harris (LHX) and Snap-on (SNA) 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 Snap-on (SNA) both fall under the Capital Goods industry group, but LHX is classified in Aerospace & Defense while SNA is classified in Machinery.
| Profile Item | LHX | SNA |
|---|---|---|
| Name | L3Harris Technologies, Inc. | Snap-on Incorporated |
| 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 | Industrial Machinery & Supplies & Components |
| Market Capitalization | 48.39 billion USD | 18.94 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LHX | SNA |
|---|---|---|
| Total Return (1Y) | -5.21% | 12.48% |
| Total Return (3Y, Annualized) | 16.68% | 15.36% |
| Total Return (5Y, Annualized) | 5.91% | 14.84% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LHX | SNA |
|---|---|---|
| Volatility (1Y, Annualized) | 29.75% | 19.41% |
| Beta (5Y) | 0.46 | 0.73 |
| Max Drawdown (5Y) | -38.16% | -20.77% |
| Avg. Volume (3M) | 1.70M | 333.56K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LHX | SNA |
|---|---|---|
| Sharpe Ratio (1Y) | -0.32 | 0.42 |
| Sortino Ratio (1Y) | -0.45 | 0.63 |
Profitability
ROE (TTM)
Both L3Harris (LHX) at 10.03% and Snap-on (SNA) at 17.32% 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%
SNA
Capital Goods industry group
17.32%
- Max
- 40.55%
- Q3
- 19.29%
- SNA
- 17.32%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Snap-on (SNA) at 19.21% 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%
SNA
Capital Goods industry group
19.21%
- Max
- 27.47%
- SNA
- 19.21%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Snap-on (SNA) at 24.88% operates in the top operating margin quartile, ahead of L3Harris (LHX) at 14.34%, which runs around its industry’s norm.
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%
SNA
Capital Goods industry group
24.88%
- Max
- 36.60%
- SNA
- 24.88%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | LHX | SNA |
|---|---|---|
| ROE (TTM) | 10.03% | 17.32% |
| ROA (TTM) | 4.56% | 9.70% |
| Net Margin (TTM) | 8.76% | 19.21% |
| Operating Margin (TTM) | 14.34% | 24.88% |
| Gross Margin (TTM) | 25.55% | 51.87% |
Growth
Revenue Growth
L3Harris (LHX) at 2.53% is around its peer norm for revenue growth, while Snap-on (SNA) at 0.93% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both L3Harris (LHX) at 8.39% and Snap-on (SNA) at -1.64% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | LHX | SNA |
|---|---|---|
| Revenue Growth (YoY) | 2.53% | 0.93% |
| Revenue Growth (3Y CAGR) | 8.62% | 2.11% |
| EPS Growth (YoY) | 8.39% | -1.64% |
| EPS Growth (3Y CAGR) | 15.82% | 4.49% |
Financial Strength
Current Ratio (MRQ)
Snap-on (SNA) at 3.55 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
SNA
Capital Goods industry group
3.55
- Max
- 5.22
- SNA
- 3.55
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Snap-on (SNA) at 0.21 keeps leverage in the lower industry quartile, while L3Harris (LHX) at 0.52 runs a more typical debt-to-equity mix.
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
SNA
Capital Goods industry group
0.21
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- SNA
- 0.21
- Min
- 0.00
Financial Strength Metrics
| Metric | LHX | SNA |
|---|---|---|
| Current Ratio (MRQ) | 1.20 | 3.55 |
| Debt / Equity (MRQ) | 0.52 | 0.21 |
| Net Debt / EBITDA | 1.88 | -0.26 |
Dividends
Dividend Yield (TTM)
Both L3Harris (LHX) at 1.92% and Snap-on (SNA) at 2.66% 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%
SNA
Capital Goods industry group
2.66%
- SNA
- 2.66%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both L3Harris (LHX) at 46.09% and Snap-on (SNA) at 50.70% 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%
SNA
Capital Goods industry group
50.70%
- Max
- 67.39%
- SNA
- 50.70%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LHX | SNA |
|---|---|---|
| Dividend Yield (TTM) | 1.92% | 2.66% |
| Dividend Payout Ratio (TTM) | 46.09% | 50.70% |
Valuation
P/E Ratio (TTM)
Snap-on (SNA) at 19.08 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 SNA, 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
SNA
Capital Goods industry group
19.08
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- SNA
- 19.08
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both L3Harris (LHX) at 2.07 and Snap-on (SNA) at 3.60 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
SNA
Capital Goods industry group
3.60
- Max
- 7.54
- Q3
- 3.76
- SNA
- 3.60
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both L3Harris (LHX) at 2.39 and Snap-on (SNA) at 3.11 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
SNA
Capital Goods industry group
3.11
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- SNA
- 3.11
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | LHX | SNA |
|---|---|---|
| P/E Ratio (TTM) | 24.20 | 19.08 |
| P/S Ratio (TTM) | 2.07 | 3.60 |
| P/B Ratio (MRQ) | 2.39 | 3.11 |
| Free Cash Flow Yield (TTM) | 7.09% | 5.77% |