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LHX vs RKLB stock comparison

L3HARRIS TECHNOLOGIES, INC. vs Rocket Lab Corp, two Aerospace & Defense stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.

L3Harris is a profitable defense-electronics supplier, if a modest one: 8.8% on equity, a 4.48% net margin, a 1.65% dividend, priced at 31.62 times earnings and 2.78 times book, a $54.8B cap. Rocket Lab, at $51.2B, sits close in size but nowhere near in maturity, building small rockets and space systems at a -26.87% net margin, burning a sliver of cash, carrying next to no debt at 0.02. L3Harris earns real profit from established defense contracts. Rocket Lab spends to chase a space market it believes will pay off later. Similar market values, wholly different stages of life.

Comparison updated 2026-07-11.

LHX vs RKLB: the numbers

MetricLHXRKLB
Price$290.81$81.08
Market cap$54.7B$49.1B
SectorAerospace & DefenseAerospace & Defense
StageMatureGrowth
Implied growth (priced in)-2.0%
P/E31.6
P/B2.7821.68
P/S1.4172.23
EV/EBITDA12.3
Revenue growth+6.0%+45.8%
Gross margin38.2%
Operating margin11.3%-27.9%
Net margin4.5%-26.9%
Return on equity8.8%-8.1%
Return on assets4.2%-6.5%
Return on invested capital11.8%-7.8%
FCF yield4.7%-0.6%
Dividend yield1.6%
Debt / equity0.480.02
Current ratio1.034.47
Altman Z (solvency)2.666.25
Piotroski F (quality)4 / 92 / 9
Full LHX report → Full RKLB report →
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The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.