L3Harris Technologies, Inc. (LHX) vs Westinghouse Air Brake Technologies Corporation (WAB)
WAB leads on 10 of 17 compared metrics, though LHX is the cheaper stock.
A side-by-side comparison of L3Harris Technologies, Inc. and Westinghouse Air Brake Technologies Corporation 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).
LHX
L3Harris Technologies, Inc.
$307.79Industrials
WAB
Westinghouse Air Brake Technologies Corporation
$265.20Industrials
Total return — LHX vs WAB
growth of $100 · last 30yLHX +2315.9%WAB +4364.6%WAB compounded faster
LHX WAB
LHX vs WAB: by the numbers
- •LHX is the larger company ($57.34B vs $45.00B market cap).
- •LHX trades at the lower earnings multiple (33.42 vs 37.51 P/E).
- •WAB converts more revenue to profit (10.52% vs 7.71% net margin).
- •WAB grew revenue faster over the past five years (9.07% vs 4.38% CAGR).
- •LHX pays the higher dividend yield (1.59% vs 0.42%).
Which is better, LHX or WAB?
Metric tally: LHX 7 · WAB 10It depends on what you're optimizing for:
ValueLHX(lower P/E)
GrowthWAB(faster 5Y revenue CAGR)
IncomeLHX(higher dividend yield)
QualityWAB(higher ROIC)
Valuation
| Metric | LHX | WAB |
|---|---|---|
| P/E ratio | 33.42● | 37.51 |
| Forward P/E | 22.52● | 24.98 |
| P/S ratio | 2.58● | 3.93 |
| P/B ratio | 2.94● | 4.06 |
| PEG ratio | 4.26 | 2.32● |
| EV / EBITDA | 17.85● | 22.29 |
| FCF yield | 4.47%● | 3.63% |
Profitability
| Metric | LHX | WAB |
|---|---|---|
| Gross margin | 25.26% | 33.81%● |
| Operating margin | 9.93% | 16.10%● |
| Net margin | 7.71% | 10.52%● |
| ROE | 8.80% | 10.85%● |
| ROIC | 5.26% | 7.64%● |
Dividends
| Metric | LHX | WAB |
|---|---|---|
| Dividend yield | 1.59%● | 0.42% |
| Payout ratio | 57.18% | 16.33% |
Growth (annualized)
| Metric | LHX | WAB |
|---|---|---|
| Revenue CAGR (5Y) | 4.38% | 9.07%● |
| EPS CAGR (5Y) | 10.38% | 25.77%● |
| FCF CAGR (5Y) | 0.45% | 9.83%● |
| Total return CAGR (5Y) | 8.76% | 27.28%● |
Frequently asked
- Which is better, LHX or WAB?
- It depends on your goal. value: LHX (lower P/E); growth: WAB (faster 5Y revenue CAGR); income: LHX (higher dividend yield); quality: WAB (higher ROIC). Across all compared metrics, WAB leads 10 to 7.
- Is LHX or WAB cheaper?
- On trailing earnings, LHX is cheaper: LHX trades at a 33.42 P/E and WAB at 37.51.
- Which has grown faster, LHX or WAB?
- Over the past five years, WAB grew revenue faster — LHX at a 4.38% CAGR versus WAB at 9.07%.
- Does LHX or WAB pay a bigger dividend?
- LHX yields 1.59% and WAB yields 0.42% based on trailing dividends and the latest price.
- Is LHX or WAB more profitable?
- WAB runs the higher net margin — LHX at 7.71% versus WAB at 10.52%.
- Which has been the better investment, LHX or WAB?
- Over the past 10-year, LHX delivered the higher annualized total return — LHX at 16.45% versus WAB at 14.10%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
L3Harris Technologies P/E ratioWestinghouse Air Brake Technologies P/E ratioL3Harris Technologies dividend yieldWestinghouse Air Brake Technologies dividend yieldL3Harris Technologies ROEWestinghouse Air Brake Technologies ROEL3Harris Technologies operating marginWestinghouse Air Brake Technologies operating marginL3Harris Technologies revenue growthWestinghouse Air Brake Technologies revenue growthL3Harris Technologies free cash flowWestinghouse Air Brake Technologies free cash flow
L3Harris Technologies & Westinghouse Air Brake 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 14, 2026.