Fastenal Company (FAST) vs L3Harris Technologies, Inc. (LHX)

FAST leads on 10 of 17 compared metrics, though LHX is the cheaper stock.

A side-by-side comparison of Fastenal Company and L3Harris Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — FAST vs LHX

growth of $100 · last 30y
FAST +3202.8%LHX +2315.9%FAST compounded faster
01k2k3kStart $100200120062011201620212026$3,303$2,416
FAST LHX

FAST vs LHX: by the numbers

  • LHX is the larger company ($57.34B vs $53.46B market cap).
  • LHX trades at the lower earnings multiple (33.42 vs 40.85 P/E).
  • FAST converts more revenue to profit (15.39% vs 7.71% net margin).
  • FAST grew revenue faster over the past five years (8.19% vs 4.38% CAGR).
  • FAST pays the higher dividend yield (1.98% vs 1.59%).

Which is better, FAST or LHX?

Metric tally: FAST 10 · LHX 7

It depends on what you're optimizing for:

ValueLHX(lower P/E)
GrowthFAST(faster 5Y revenue CAGR)
IncomeFAST(higher dividend yield)
QualityFAST(higher ROIC)

Valuation

MetricFASTLHX
P/E ratio40.8533.42
Forward P/E37.4022.52
P/S ratio6.352.58
P/B ratio13.432.94
PEG ratio3.664.26
EV / EBITDA29.0717.85
FCF yield2.17%4.47%

Profitability

MetricFASTLHX
Gross margin44.89%25.26%
Operating margin20.25%9.93%
Net margin15.39%7.71%
ROE32.58%8.80%
ROIC28.17%5.26%

Dividends

MetricFASTLHX
Dividend yield1.98%1.59%
Payout ratio83.64%57.18%

Growth (annualized)

MetricFASTLHX
Revenue CAGR (5Y)8.19%4.38%
EPS CAGR (5Y)7.96%10.38%
FCF CAGR (5Y)3.42%0.45%
Total return CAGR (5Y)14.87%8.76%

Frequently asked

Which is better, FAST or LHX?
It depends on your goal. value: LHX (lower P/E); growth: FAST (faster 5Y revenue CAGR); income: FAST (higher dividend yield); quality: FAST (higher ROIC). Across all compared metrics, FAST leads 10 to 7.
Is FAST or LHX cheaper?
On trailing earnings, LHX is cheaper: FAST trades at a 40.85 P/E and LHX at 33.42.
Which has grown faster, FAST or LHX?
Over the past five years, FAST grew revenue faster — FAST at a 8.19% CAGR versus LHX at 4.38%.
Does FAST or LHX pay a bigger dividend?
FAST yields 1.98% and LHX yields 1.59% based on trailing dividends and the latest price.
Is FAST or LHX more profitable?
FAST runs the higher net margin — FAST at 15.39% versus LHX at 7.71%.
Which has been the better investment, FAST or LHX?
Over the past 10-year, FAST delivered the higher annualized total return — FAST at 18.42% versus LHX at 16.45%. 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 14, 2026.