LHX vs MMM
L3harris Technologies, Inc. and 3M Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LHX | MMM |
|---|---|---|
| Revenue | $21.9B | $24.9B |
| Net income | $1.6B | $3.2B |
| Gross margin | · | 39.9% |
| Net margin | 7.3% | 13.1% |
| Return on equity | 8.2% | 76.1% |
| Diluted EPS | $8.53 | $6.00 |
| Dividend / share | $4.80 | $2.92 |
| Payout ratio | 56.2% | 48.1% |
| Free cash flow | $2.7B | $1.4B |
| Equity | $19.6B | $4.7B |
| Net debt / equity | 0.48× | 1.57× |
| Current ratio | 1.19× | 1.71× |
| Revenue CAGR 5y | 3.7% | −5.0% |
| Profit CAGR 5y | 7.5% | −9.8% |
LHX and MMM book revenue within 15% of each other, and MMM keeps more of each dollar of revenue as profit (13.1% against 7.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LHX | MMM |
|---|---|---|
| FY2025 | $21.9B | $24.9B |
| FY2024 | $21.3B | $24.6B |
| FY2023 | $19.4B | $24.6B |
| FY2022 | $17.1B | $26.2B |
| FY2021 | $17.8B | $35.4B |
| FY2020 | $18.2B | $32.2B |
| FY2019 | $12.9B | $32.1B |
| FY2018 | $6.8B | $32.8B |
| FY2017 | $6.2B | $31.7B |
| FY2016 | $5.9B | $30.1B |
Bottom line
| Fiscal year | LHX | MMM |
|---|---|---|
| FY2025 | $1.6B | $3.2B |
| FY2024 | $1.5B | $4.2B |
| FY2023 | $1.2B | $-7.0B |
| FY2022 | $1.1B | $5.8B |
| FY2021 | $1.8B | $5.9B |
| FY2020 | $1.1B | $5.4B |
| FY2019 | $1.3B | $4.5B |
| FY2018 | $949.0M | $5.3B |
| FY2017 | $699.0M | $4.9B |
| FY2016 | $543.0M | $5.0B |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$3,083,000,000 | MMM |
| FY2024 | −$3,250,000,000 | MMM |
| FY2023 | −$5,191,000,000 | MMM |
| FY2022 | −$9,099,000,000 | MMM |
| FY2021 | −$17,541,000,000 | MMM |
| FY2020 | −$13,990,000,000 | MMM |
| FY2019 | −$19,280,000,000 | MMM |
| FY2018 | −$25,964,000,000 | MMM |
| FY2017 | −$25,489,000,000 | MMM |
| FY2016 | −$24,212,000,000 | MMM |
| FY2014 | −$27,936,000,000 | MMM |
| FY2013 | −$25,859,000,000 | MMM |
| FY2012 | −$24,792,000,000 | MMM |
| FY2011 | −$24,159,700,000 | MMM |
| FY2010 | −$26,472,800,000 | MMM |
| FY2008 | −$20,264,000,000 | MMM |
| FY2007 | −$19,865,900,000 | MMM |
MMM has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −5.7 pp | MMM |
| FY2024 | −10.0 pp | MMM |
| FY2023 | +34.5 pp | LHX |
| FY2022 | −15.9 pp | MMM |
| FY2021 | −6.4 pp | MMM |
| FY2020 | −11.0 pp | MMM |
| FY2019 | −3.6 pp | MMM |
| FY2018 | −2.4 pp | MMM |
| FY2017 | −4.0 pp | MMM |
| FY2016 | −7.6 pp | MMM |
| FY2014 | −7.1 pp | MMM |
| FY2013 | −4.6 pp | MMM |
| FY2012 | −13.0 pp | MMM |
| FY2011 | −14.2 pp | MMM |
| FY2010 | +294.7 pp | LHX |
| FY2008 | −16.4 pp | MMM |
| FY2007 | −7.5 pp | MMM |
The higher net margin has changed hands between LHX and MMM over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LHX's net margin has been more volatile than MMM's over the 17 comparable fiscal years — 71.4 percentage points of standard deviation against 10.6.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LHX and MMM over these 17 fiscal years — LHX led in 2 and MMM in 15.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
MMM's return on equity has been more volatile than LHX's over the 17 comparable fiscal years — 32.4 percentage points of standard deviation against 8.9.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LHX and MMM over these 17 fiscal years — LHX led in 2 and MMM in 15.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.