LHX vs CARR

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

Both LHX and CARR are from the Industrials sector.

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

LHX vs CARR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

LHX

$56B

Winner

CARR

$57B

Max Drawdown

LHX

58.20%

Winner

CARR

41.60%

Sharpe Ratio

Winner

LHX

1.35

CARR

-0.02

5Y Beta

Winner

LHX

0.39

CARR

1.12

Industry

LHX

Aerospace & Defense

CARR

Building Products & Equipment

P/E Ratio

Winner

LHX

32.61

CARR

34.71

Forward P/E

LHX

26.32

Winner

CARR

23.53

PEG Ratio

LHX

3.52

Winner

CARR

1.58

Dividend Yield

LHX

0.95%

Winner

CARR

1.38%

5Y Dividends CAGR

LHX

12.22%

Winner

CARR

23.62%

5Y EPS CAGR

LHX

7.19%

CARR

N/A

Debt to Equity

Winner

LHX

48.48%

CARR

82.80%

Free Cash Flow Yield

Winner

LHX

4.59%

CARR

3.72%

P/S Ratio

LHX

4.38

Winner

CARR

2.58

P/B Ratio

Winner

LHX

2.86

CARR

4.07

LHX vs CARR - Historical Returns

Returns include dividend reinvestment.

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

LHX

-17.22%

Winner

CARR

+15.05%

LHX

-14.24%

Winner

CARR

+2.67%

LHX

+3.87%

Winner

CARR

+17.12%

Winner

LHX

+39.54%

CARR

-3.53%

5Y(CAGR)

LHX

+8.59%

Winner

CARR

+9.89%

10Y(CAGR)

LHX

+16.97%

CARR

N/A

Max(CAGR)

LHX

+15.71%

Winner

CARR

+34.13%

LHX vs CARR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

LHX vs CARR Drawdown Comparison

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

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

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

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

Correlation

Correlation between LHX and CARR 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)

LHX vs CARR dividend yield comparison.

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