Elbit Systems Ltd. (ESLT) vs L3Harris Technologies Inc (LHX)

Elbit Systems Ltd. and L3Harris Technologies Inc are both Aerospace & Defense companies. L3Harris Technologies Inc is the larger, with a market value of $48.1B against $30.5B — 1.6× the size. L3Harris Technologies Inc trades at the lower P/E: 23.8× against 47.9×. Elbit Systems Ltd. grew revenue faster over the last twelve months: 13.7% against 7.33%. L3Harris Technologies Inc has the higher net margin (8.62% vs 7.44%) and the lower return on invested capital (5.69% vs 13.3%). Both pay a dividend; L3Harris Technologies Inc yields more (1.91% vs 0.57%). Across the 23 metrics below, L3Harris Technologies Inc leads on 14 and Elbit Systems Ltd. on 9.

Valuation

Metric ESLT LHX Aerospace & Defense median
P/E 47.87 23.79 28.48
P/S 3.58 2.07 2.95
P/B 7.19 2.38 2.68
Price to free cash flow 44.81 13.20 31.70
EV/EBITDA 30.93 14.77 16.85
EV/Sales 3.50 2.41 2.74
Earnings yield 2.09% 4.20% 0.89%
Free cash flow yield 2.23% 7.58% 0.00%

Profitability

Metric ESLT LHX Aerospace & Defense median
Gross margin 25.03% 25.55% 26.41%
Operating margin 9.22% 11.01% 3.69%
Net margin 7.44% 8.62% 2.74%
Free cash flow margin 8.00% 15.65% 0.00%
Return on equity 0.00% 10.11% 4.44%
Return on assets 4.90% 4.74% 1.90%
Return on invested capital 13.26% 5.69% 0.26%

Growth

Metric ESLT LHX Aerospace & Defense median
Revenue growth (TTM) 13.70% 7.33% 18.03%
EPS growth (last fiscal year) 58.64% 8.39% 24.80%
Revenue growth, 5-year CAGR 11.23% 3.74% 9.73%
Net income growth, 5-year CAGR 17.59% 7.49% 0.00%

Health

Metric ESLT LHX Aerospace & Defense median
Debt to equity 0.06 0.54 0.20
Current ratio 1.39 1.20 2.85
Net debt to EBITDA (0.57) 2.68 1.29

Dividend

Metric ESLT LHX Aerospace & Defense median
Dividend yield 0.57% 1.91% 0.91%
Payout ratio 0.28 0.46 0.30

Size

Metric ESLT LHX Aerospace & Defense median
Market cap 30.53b 48.06b 1.78b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack