CARR vs LHX

Comparison between Carrier Global Corp (CARR, Company) and L3Harris Technologies Inc (LHX, Company).

Both CARR and LHX are from the Industrials sector.

5-Year PerformanceCARR has outperformed LHX, delivering a return of +9.9% compared to +8.6%

CARR vs LHX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CARR(COMPANY)	LHX(COMPANY)
Market Cap	$57B	$56B
Max Drawdown	41.60%	58.20%
Sharpe Ratio	-0.02	1.35
5Y Beta	1.12	0.39
Industry	Building Products & Equipment	Aerospace & Defense
P/E Ratio	34.71	32.61
Forward P/E	23.53	26.32
PEG Ratio	1.58	3.52
Dividend Yield	1.38%	0.95%
5Y Dividends CAGR	23.62%	12.22%
5Y EPS CAGR	N/A	7.19%
Debt to Equity	82.80%	48.48%
Free Cash Flow Yield	3.72%	4.59%
P/S Ratio	2.58	4.38
P/B Ratio	4.07	2.86

Market Cap

Winner

CARR

$57B

LHX

$56B

Max Drawdown

Winner

CARR

41.60%

LHX

58.20%

Sharpe Ratio

CARR

-0.02

Winner

LHX

1.35

5Y Beta

CARR

1.12

Winner

LHX

0.39

Industry

CARR

Building Products & Equipment

LHX

Aerospace & Defense

P/E Ratio

CARR

34.71

Winner

LHX

32.61

Forward P/E

Winner

CARR

23.53

LHX

26.32

PEG Ratio

Winner

CARR

1.58

LHX

3.52

Dividend Yield

Winner

CARR

1.38%

LHX

0.95%

5Y Dividends CAGR

Winner

CARR

23.62%

LHX

12.22%

5Y EPS CAGR

CARR

N/A

LHX

7.19%

Debt to Equity

CARR

82.80%

Winner

LHX

48.48%

Free Cash Flow Yield

CARR

3.72%

Winner

LHX

4.59%

P/S Ratio

Winner

CARR

2.58

LHX

4.38

P/B Ratio

CARR

4.07

Winner

LHX

2.86

CARR vs LHX - Historical Returns

Returns include dividend reinvestment.

Period	CARR	LHX
1 month	+15.05%	-17.22%
3 months	+2.67%	-14.24%
6 months	+17.12%	+3.87%
1 year	-3.53%	+39.54%
5 years(CAGR)	+9.89%	+8.59%
10 years(CAGR)	N/A	+16.97%
Max(CAGR)	+34.13%	+15.71%

Winner

CARR

+15.05%

LHX

-17.22%

Winner

CARR

+2.67%

LHX

-14.24%

Winner

CARR

+17.12%

LHX

+3.87%

CARR

-3.53%

Winner

LHX

+39.54%

5Y(CAGR)

Winner

CARR

+9.89%

LHX

+8.59%

10Y(CAGR)

CARR

N/A

LHX

+16.97%

Max(CAGR)

Winner

CARR

+34.13%

LHX

+15.71%

CARR vs LHX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CARR	LHX
2026	+25.85%	-1.25%
2025	-21.67%	+44.29%
2024	+22.38%	+2.30%
2023	+40.25%	+4.31%
2022	-20.16%	+0.30%
2021	+48.01%	+20.45%
2020	+217.24%	-5.29%
2019	N/A	+50.90%
2018	N/A	-3.66%
2017	N/A	+40.43%
2016	N/A	+19.68%
2015	N/A	+24.39%
2014	N/A	+7.46%
2013	N/A	+43.11%
2012	N/A	+37.83%
2011	N/A	-18.14%
2010	N/A	-4.33%
2009	N/A	+27.35%
2008	N/A	-37.52%
2007	N/A	+33.49%
2006	N/A	+5.43%
2005	N/A	+44.18%
2004	N/A	+62.67%
2003	N/A	+44.40%
2002	N/A	-12.41%
2001	N/A	+7.32%
2000	N/A	+18.84%
1999	N/A	+27.78%

CARR vs LHX Drawdown Comparison

The maximum drawdown for CARR was -40.82%, occurring on Oct 20, 2022. Recovery took 480 trading sessions.

The maximum drawdown for LHX was -57.03%, occurring on Apr 20, 2009. Recovery took 1300 trading sessions.

The current CARR drawdown is -16.99%. The current LHX drawdown is -20.56%.

Rank	CARR	LHX
#1	-40.82% Aug 27, 2021 - Jul 27, 2023	-57.03% May 30, 2008 - Jul 30, 2013
#2	-37.93% Oct 14, 2024 - Nov 20, 2025	-45.23% Mar 16, 2000 - Apr 17, 2002
#3	-25.28% Mar 31, 2020 - Apr 29, 2020	-38.16% Mar 7, 2022 - Nov 6, 2024
#4	-22.10% Aug 1, 2023 - Mar 7, 2024	-36.45% Apr 17, 2002 - Nov 3, 2003
#5	-14.90% Jan 12, 2021 - Mar 29, 2021	-34.36% Feb 12, 2020 - Jun 15, 2021
#6	-13.63% Jun 8, 2020 - Jul 10, 2020	-29.92% Nov 6, 2007 - May 30, 2008
#7	-10.77% Mar 21, 2024 - Apr 26, 2024	-26.32% Oct 16, 2018 - May 1, 2019
#8	-10.46% May 8, 2020 - May 20, 2020	-25.98% Nov 11, 2024 - Jul 14, 2025
#9	-9.82% Apr 30, 2020 - May 8, 2020	-22.86% Feb 22, 2006 - Jan 11, 2007
#10	-9.69% Jul 16, 2024 - Aug 23, 2024	-20.69% Nov 18, 2004 - Mar 1, 2005
#11	-9.58% Nov 16, 2020 - Jan 7, 2021	-20.56% Mar 2, 2026 - May 8, 2026
#12	-9.49% Mar 20, 2020 - Mar 25, 2020	-20.14% Jun 9, 2014 - Feb 11, 2015
#13	-7.48% May 21, 2024 - Jul 11, 2024	-19.94% Mar 14, 2005 - Jul 28, 2005
#14	-6.56% May 10, 2021 - May 28, 2021	-19.86% Dec 24, 2015 - Aug 5, 2016
#15	-6.19% Aug 26, 2020 - Oct 2, 2020	-17.07% Oct 22, 2021 - Feb 28, 2022

Correlation

Correlation between CARR and LHX is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.59

-101

Dividend Comparison (1999 - 2026)

CARR vs LHX dividend yield comparison.

Year	CARR	LHX
2026	0.72%	0.42%
2025	1.70%	1.64%
2024	1.16%	2.21%
2023	1.30%	2.17%
2022	1.54%	2.15%
2021	0.94%	1.91%
2020	0.74%	1.80%
2019	0.00%	1.45%
2018	0.00%	1.86%
2017	0.00%	1.55%
2016	0.00%	2.01%
2015	0.00%	2.23%
2014	0.00%	2.48%
2013	0.00%	2.26%
2012	0.00%	2.86%
2011	0.00%	2.94%
2010	0.00%	2.08%
2009	0.00%	5.01%
2008	0.00%	1.84%
2007	0.00%	0.83%
2006	0.00%	0.83%
2005	0.00%	0.65%
2004	0.00%	0.71%
2003	0.00%	0.95%
2002	0.00%	0.99%
2001	0.00%	0.66%
2000	0.00%	0.65%
1999	0.00%	0.19%