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).

Compare

Total return — CARR vs LHX

growth of $100 · last 6y
CARR +517.2%LHX +79.4%CARR compounded faster
200400600Start $100202120222023202420252026$617$179
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 11

It 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

MetricCARRLHX
P/E ratio48.0931.19
Forward P/E23.1521.02
P/S ratio2.852.41
P/B ratio4.642.75
PEG ratio4.26
EV / EBITDA23.2716.84
FCF yield2.66%4.79%

Profitability

MetricCARRLHX
Gross margin24.80%25.26%
Operating margin7.24%9.93%
Net margin5.99%7.71%
ROE9.74%8.80%
ROIC5.41%5.14%

Dividends

MetricCARRLHX
Dividend yield1.26%1.71%
Payout ratio53.45%57.18%

Growth (annualized)

MetricCARRLHX
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.

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.