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Side-by-side financial comparison of Home Depot (The) (HD) and L3Harris (LHX). Click either name above to swap in a different company.

Home Depot (The) is the larger business by last-quarter revenue ($39.7B vs $5.7B, roughly 6.9× L3Harris). L3Harris runs the higher net margin — 8.9% vs 7.5%, a 1.4% gap on every dollar of revenue. On growth, L3Harris posted the faster year-over-year revenue change (24.0% vs 3.9%). Over the past eight quarters, L3Harris's revenue compounded faster (5.0% CAGR vs 4.4%).

The Home Depot, Inc., often referred to as Home Depot, is an American multinational home improvement retail corporation which sells tools, construction products, appliances, and services including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. In 2021, the company had 490,600 employees and more than $151 billion in revenue. The company is headquartered in Cobb County, Georgia, with an Atlanta mailing address.

L3Harris Technologies, Inc. is an American technology company, defense contractor, and information technology services provider that produces products for command and control systems, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, intelligence, surveillance and reconnaissance (C3ISR) systems and products, ocean systems, instrumentation, navigation products, training devices and services, and both terrestrial/spaceborne antennas for use in the govern...

HD vs LHX — Head-to-Head

Bigger by revenue
HD
HD
6.9× larger
HD
$39.7B
$5.7B
LHX
Growing faster (revenue YoY)
LHX
LHX
+20.1% gap
LHX
24.0%
3.9%
HD
Higher net margin
LHX
LHX
1.4% more per $
LHX
8.9%
7.5%
HD
Faster 2-yr revenue CAGR
LHX
LHX
Annualised
LHX
5.0%
4.4%
HD

Income Statement — Q4 FY2026 vs Q1 FY2027

Metric
HD
HD
LHX
LHX
Revenue
$39.7B
$5.7B
Net Profit
$3.0B
$512.0M
Gross Margin
32.8%
175.6%
Operating Margin
11.3%
11.4%
Net Margin
7.5%
8.9%
Revenue YoY
3.9%
24.0%
Net Profit YoY
16.6%
32.6%
EPS (diluted)
$3.02
$2.72

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HD
HD
LHX
LHX
Q1 26
$21.9B
Q4 25
$41.4B
$5.7B
Q3 25
$45.3B
Q2 25
$39.9B
$5.4B
Q1 25
$39.7B
$5.5B
Q4 24
$40.2B
Q3 24
$43.2B
$5.3B
Q2 24
$36.4B
$5.3B
Net Profit
HD
HD
LHX
LHX
Q1 26
Q4 25
$3.6B
$462.0M
Q3 25
$4.6B
Q2 25
$3.4B
$458.0M
Q1 25
$3.0B
$453.0M
Q4 24
$3.6B
Q3 24
$4.6B
$400.0M
Q2 24
$3.6B
$366.0M
Gross Margin
HD
HD
LHX
LHX
Q1 26
25.7%
Q4 25
33.4%
26.4%
Q3 25
33.4%
Q2 25
33.8%
24.6%
Q1 25
32.8%
25.3%
Q4 24
33.4%
Q3 24
33.4%
26.8%
Q2 24
34.1%
25.7%
Operating Margin
HD
HD
LHX
LHX
Q1 26
9.7%
Q4 25
12.9%
11.0%
Q3 25
14.5%
Q2 25
12.9%
10.5%
Q1 25
11.3%
10.3%
Q4 24
13.5%
Q3 24
15.1%
9.4%
Q2 24
13.9%
9.0%
Net Margin
HD
HD
LHX
LHX
Q1 26
Q4 25
8.7%
8.2%
Q3 25
10.1%
Q2 25
8.6%
8.4%
Q1 25
7.5%
8.2%
Q4 24
9.1%
Q3 24
10.6%
7.6%
Q2 24
9.9%
6.9%
EPS (diluted)
HD
HD
LHX
LHX
Q1 26
Q4 25
$3.62
$2.46
Q3 25
$4.58
Q2 25
$3.45
$2.44
Q1 25
$3.01
$2.37
Q4 24
$3.67
Q3 24
$4.60
$2.10
Q2 24
$3.63
$1.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HD
HD
LHX
LHX
Cash + ST InvestmentsLiquidity on hand
$1.7B
$590.0K
Total DebtLower is stronger
$316.0M
$350.0K
Stockholders' EquityBook value
$6.6B
$19.7M
Total Assets
$96.1B
$41.4M
Debt / EquityLower = less leverage
0.05×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HD
HD
LHX
LHX
Q1 26
$1.1B
Q4 25
$1.7B
$339.0M
Q3 25
$2.8B
Q2 25
$1.4B
$482.0M
Q1 25
$1.7B
$615.0M
Q4 24
$1.5B
Q3 24
$1.6B
$539.0M
Q2 24
$4.3B
$547.0M
Total Debt
HD
HD
LHX
LHX
Q1 26
$10.4B
Q4 25
$46.3B
$11.0B
Q3 25
$45.9B
Q2 25
$47.3B
$11.0B
Q1 25
$48.5B
$11.1B
Q4 24
$50.1B
Q3 24
$51.9B
$11.1B
Q2 24
$42.1B
$10.5B
Stockholders' Equity
HD
HD
LHX
LHX
Q1 26
$19.6B
Q4 25
$12.1B
$19.5B
Q3 25
$10.7B
Q2 25
$8.0B
$19.3B
Q1 25
$6.6B
$19.5B
Q4 24
$5.8B
Q3 24
$4.4B
$19.0B
Q2 24
$1.8B
$18.8B
Total Assets
HD
HD
LHX
LHX
Q1 26
$41.2B
Q4 25
$106.3B
$41.0B
Q3 25
$100.0B
Q2 25
$99.2B
$41.2B
Q1 25
$96.1B
$42.0B
Q4 24
$97.3B
Q3 24
$96.8B
$41.9B
Q2 24
$79.2B
$41.7B
Debt / Equity
HD
HD
LHX
LHX
Q1 26
0.53×
Q4 25
3.82×
0.56×
Q3 25
4.31×
Q2 25
5.95×
0.57×
Q1 25
7.30×
0.57×
Q4 24
8.65×
Q3 24
11.74×
0.58×
Q2 24
23.11×
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HD
HD
LHX
LHX
Operating Cash FlowLast quarter
$19.8B
$-95.0M
Free Cash FlowOCF − Capex
$-187.0M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
8.8%
1.7%
Cash ConversionOCF / Net Profit
6.61×
-0.19×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HD
HD
LHX
LHX
Q1 26
Q4 25
$4.0B
$546.0M
Q3 25
$4.6B
Q2 25
$4.3B
$640.0M
Q1 25
$4.7B
$1.1B
Q4 24
$4.2B
Q3 24
$5.4B
$780.0M
Q2 24
$5.5B
$754.0M
Free Cash Flow
HD
HD
LHX
LHX
Q1 26
Q4 25
$3.1B
$427.0M
Q3 25
$3.7B
Q2 25
$3.5B
$552.0M
Q1 25
$3.6B
$1.0B
Q4 24
$3.4B
Q3 24
$4.7B
$702.0M
Q2 24
$4.7B
$657.0M
FCF Margin
HD
HD
LHX
LHX
Q1 26
Q4 25
7.5%
7.5%
Q3 25
8.2%
Q2 25
8.8%
10.2%
Q1 25
9.0%
18.3%
Q4 24
8.5%
Q3 24
10.9%
13.3%
Q2 24
12.8%
12.4%
Capex Intensity
HD
HD
LHX
LHX
Q1 26
Q4 25
2.2%
2.1%
Q3 25
2.0%
Q2 25
2.0%
1.6%
Q1 25
2.8%
2.1%
Q4 24
2.0%
Q3 24
1.7%
1.5%
Q2 24
2.3%
1.8%
Cash Conversion
HD
HD
LHX
LHX
Q1 26
Q4 25
1.11×
1.18×
Q3 25
1.02×
Q2 25
1.26×
1.40×
Q1 25
1.56×
2.49×
Q4 24
1.16×
Q3 24
1.19×
1.95×
Q2 24
1.53×
2.06×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HD
HD

Segment breakdown not available.

LHX
LHX

Space & Mission Systems$3.0B52%
Communication & Spectrum Dominance$1.9B32%
Missile Solutions$990.0M17%

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