Carrier Global Corporation (CARR) vs L3Harris Technologies, Inc. (LHX)
LHX leads on 11 of 15 compared metrics.
A side-by-side comparison of Carrier Global Corporation and L3Harris Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
CARR
Carrier Global Corporation
$74.06Industrials
LHX
L3Harris Technologies, Inc.
$287.27Industrials
Total return — CARR vs LHX
growth of $100 · last 6yCARR +517.2%LHX +79.4%CARR compounded faster
CARR LHX
CARR vs LHX: by the numbers
- •CARR is the larger company ($61.51B vs $53.52B market cap).
- •LHX trades at the lower earnings multiple (31.19 vs 48.09 P/E).
- •LHX converts more revenue to profit (7.71% vs 5.99% net margin).
- •LHX grew revenue faster over the past five years (4.38% vs 3.67% CAGR).
- •LHX pays the higher dividend yield (1.71% vs 1.26%).
Which is better, CARR or LHX?
Metric tally: CARR 4 · LHX 11It depends on what you're optimizing for:
ValueLHX(lower P/E)
GrowthLHX(faster 5Y revenue CAGR)
IncomeLHX(higher dividend yield)
QualityCARR(higher ROIC)
Metrics side by side
Valuation
| Metric | CARR | LHX |
|---|---|---|
| P/E ratio | 48.09 | 31.19● |
| Forward P/E | 23.15 | 21.02● |
| P/S ratio | 2.85 | 2.41● |
| P/B ratio | 4.64 | 2.75● |
| PEG ratio | — | 4.26 |
| EV / EBITDA | 23.27 | 16.84● |
| FCF yield | 2.66% | 4.79%● |
Profitability
| Metric | CARR | LHX |
|---|---|---|
| Gross margin | 24.80% | 25.26% |
| Operating margin | 7.24% | 9.93%● |
| Net margin | 5.99% | 7.71%● |
| ROE | 9.74%● | 8.80% |
| ROIC | 5.41%● | 5.14% |
Dividends
| Metric | CARR | LHX |
|---|---|---|
| Dividend yield | 1.26% | 1.71%● |
| Payout ratio | 53.45% | 57.18% |
Growth (annualized)
| Metric | CARR | LHX |
|---|---|---|
| Revenue CAGR (5Y) | 3.67% | 4.38%● |
| EPS CAGR (5Y) | -5.35% | 10.38%● |
| FCF CAGR (5Y) | 1.87%● | 0.45% |
| Total return CAGR (5Y) | 11.37%● | 7.63% |
Frequently asked
- Which is better, CARR or LHX?
- It depends on your goal. value: LHX (lower P/E); growth: LHX (faster 5Y revenue CAGR); income: LHX (higher dividend yield); quality: CARR (higher ROIC). Across all compared metrics, LHX leads 11 to 4.
- Is CARR or LHX cheaper?
- On trailing earnings, LHX is cheaper: CARR trades at a 48.09 P/E and LHX at 31.19.
- Which has grown faster, CARR or LHX?
- Over the past five years, LHX grew revenue faster — CARR at a 3.67% CAGR versus LHX at 4.38%.
- Does CARR or LHX pay a bigger dividend?
- CARR yields 1.26% and LHX yields 1.71% based on trailing dividends and the latest price.
- Is CARR or LHX more profitable?
- LHX runs the higher net margin — CARR at 5.99% versus LHX at 7.71%.
- Which has been the better investment, CARR or LHX?
- Over the past 5-year, LHX delivered the higher annualized total return — CARR at 11.37% versus LHX at 15.66%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Carrier Global P/E ratioL3Harris Technologies P/E ratioCarrier Global dividend yieldL3Harris Technologies dividend yieldCarrier Global ROEL3Harris Technologies ROECarrier Global operating marginL3Harris Technologies operating marginCarrier Global revenue growthL3Harris Technologies revenue growthCarrier Global free cash flowL3Harris Technologies free cash flow
Carrier Global & L3Harris Technologies appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 25, 2026.