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).

Total return — LHX vs WAB

growth of $100 · last 30y
LHX +2315.9%WAB +4364.6%WAB compounded faster
01k2k3k4kStart $100200120062011201620212026$2,416$4,465
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 10

It depends on what you're optimizing for:

ValueLHX(lower P/E)
GrowthWAB(faster 5Y revenue CAGR)
IncomeLHX(higher dividend yield)
QualityWAB(higher ROIC)

Valuation

MetricLHXWAB
P/E ratio33.4237.51
Forward P/E22.5224.98
P/S ratio2.583.93
P/B ratio2.944.06
PEG ratio4.262.32
EV / EBITDA17.8522.29
FCF yield4.47%3.63%

Profitability

MetricLHXWAB
Gross margin25.26%33.81%
Operating margin9.93%16.10%
Net margin7.71%10.52%
ROE8.80%10.85%
ROIC5.26%7.64%

Dividends

MetricLHXWAB
Dividend yield1.59%0.42%
Payout ratio57.18%16.33%

Growth (annualized)

MetricLHXWAB
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.

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.