L3Harris Technologies, Inc. (LHX) vs Westinghouse Air Brake Technologies Corporation (WAB)
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 July 30, 2026. Differences are shown without an overall score or investment verdict.
LHX
L3Harris Technologies, Inc.
$271.90IndustrialsDelayed quote: Jul 30, 2026, 4:00 PM EDT
WAB
Westinghouse Air Brake Technologies Corporation
$292.46IndustrialsDelayed quote: Jul 30, 2026, 4:00 PM EDT
Total return — LHX vs WAB
growth of $100 · dividends reinvested · last 30yLHX +4234.1%WAB +6051.6%WAB compounded faster
LHX WAB
LHX vs WAB: by the numbers
- •LHX is the larger company ($50.65B vs $49.40B market cap).
- •LHX trades at the lower trailing earnings multiple (32.31 vs 39.22 P/E), one valuation lens rather than an overall verdict.
- •WAB converts more revenue to profit (10.59% vs 7.71% net margin).
- •WAB grew revenue faster over the past five years (9.16% vs 4.38% CAGR).
- •LHX pays the higher dividend yield (1.65% vs 0.38%).
Metrics side by side
Valuation
| Metric | LHX | WAB |
|---|---|---|
| P/E ratio | 32.31 | 39.22 |
| Forward P/E | 27.95 | 26.95 |
| P/S ratio | 2.49 | 4.14 |
| P/B ratio | 2.92 | 4.41 |
| PEG ratio | 4.26 | 2.32 |
| EV / EBITDA | 19.42 | 22.47 |
| FCF yield | 4.62% | 3.73% |
Profitability
| Metric | LHX | WAB |
|---|---|---|
| Gross margin | 25.26% | 34.33% |
| Operating margin | 9.93% | 16.54% |
| Net margin | 7.71% | 10.59% |
| ROE | 8.71% | 11.29% |
| ROIC | 5.14% | 7.64% |
Dividends
| Metric | LHX | WAB |
|---|---|---|
| Dividend yield | 1.65% | 0.38% |
| Payout ratio | 57.18% | 16.33% |
Growth (annualized)
| Metric | LHX | WAB |
|---|---|---|
| Revenue CAGR (5Y) | 4.38% | 9.16% |
| EPS CAGR (5Y) | -1.68% | 25.77% |
| FCF CAGR (5Y) | 0.45% | 14.38% |
| Total return CAGR (5Y) | 7.53% | 28.69% |
Frequently asked
- Which has the lower trailing P/E, LHX or WAB?
- LHX has the lower trailing P/E: LHX trades at 32.31 and WAB at 39.22. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 9.16%.
- Does LHX or WAB pay a bigger dividend?
- LHX yields 1.65% and WAB yields 0.38% 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 10.59%.
- How have LHX and WAB total returns compared?
- Over the past 10 years, LHX delivered 15.29% and WAB delivered 16.27% annualized total return. 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 July 30, 2026.