Communication Equipment
Compare Stocks
4 / 10Stock Comparison
VSAT vs LHX vs RTX vs NOC
Revenue, margins, valuation, and 5-year total return — side by side.
Aerospace & Defense
Aerospace & Defense
Aerospace & Defense
VSAT vs LHX vs RTX vs NOC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Communication Equipment | Aerospace & Defense | Aerospace & Defense | Aerospace & Defense |
| Market Cap | $8.64B | $56.26B | $238.07B | $78.41B |
| Revenue (TTM) | $4.62B | $22.48B | $90.37B | $42.37B |
| Net Income (TTM) | $-185M | $1.73B | $7.26B | $4.58B |
| Gross Margin | 48.8% | 24.5% | 20.2% | 20.5% |
| Operating Margin | -1.0% | 10.0% | 10.4% | 11.1% |
| Forward P/E | — | 26.0x | 25.5x | 19.8x |
| Total Debt | $7.52B | $10.44B | $39.51B | $19.74B |
| Cash & Equiv. | $1.61B | $1.07B | $7.43B | $4.40B |
VSAT vs LHX vs RTX vs NOC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Viasat, Inc. (VSAT) | 100 | 157.9 | +57.9% |
| L3Harris Technologi… (LHX) | 100 | 151.0 | +51.0% |
| RTX Corporation (RTX) | 100 | 274.0 | +174.0% |
| Northrop Grumman Co… (NOC) | 100 | 164.7 | +64.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VSAT vs LHX vs RTX vs NOC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VSAT is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 5.5%, EPS growth 50.9%, 3Y rev CAGR 23.2%
- +6.1% vs NOC's +15.5%
LHX is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 0.39, Low D/E 53.2%, current ratio 1.19x
RTX is the clearest fit if your priority is long-term compounding.
- 234.7% 10Y total return vs LHX's 346.1%
- 9.7% revenue growth vs NOC's 2.2%
NOC carries the broadest edge in this set and is the clearest fit for income & stability and valuation efficiency.
- Dividend streak 22 yrs, beta 0.03, yield 1.6%
- PEG 2.23 vs LHX's 2.48
- Beta 0.03, yield 1.6%, current ratio 1.09x
- Lower P/E (19.8x vs 25.5x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 9.7% revenue growth vs NOC's 2.2% | |
| Value | Lower P/E (19.8x vs 25.5x) | |
| Quality / Margins | 10.8% margin vs VSAT's -4.0% | |
| Stability / Safety | Beta 0.03 vs VSAT's 2.92, lower leverage | |
| Dividends | 1.6% yield, 22-year raise streak, vs LHX's 1.6%, (1 stock pays no dividend) | |
| Momentum (1Y) | +6.1% vs NOC's +15.5% | |
| Efficiency (ROA) | 9.1% ROA vs VSAT's -3.6%, ROIC 10.2% vs -0.7% |
VSAT vs LHX vs RTX vs NOC — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
VSAT vs LHX vs RTX vs NOC — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
NOC leads in 2 of 6 categories
VSAT leads 1 • RTX leads 1 • LHX leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
VSAT leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RTX is the larger business by revenue, generating $90.4B annually — 19.6x VSAT's $4.6B. NOC is the more profitable business, keeping 10.8% of every revenue dollar as net income compared to VSAT's -4.0%. On growth, LHX holds the edge at +11.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $4.6B | $22.5B | $90.4B | $42.4B |
| EBITDAEarnings before interest/tax | $1.3B | $3.3B | $13.8B | $6.2B |
| Net IncomeAfter-tax profit | -$185M | $1.7B | $7.3B | $4.6B |
| Free Cash FlowCash after capex | $907M | $2.6B | $8.4B | $3.3B |
| Gross MarginGross profit ÷ Revenue | +48.8% | +24.5% | +20.2% | +20.5% |
| Operating MarginEBIT ÷ Revenue | -1.0% | +10.0% | +10.4% | +11.1% |
| Net MarginNet income ÷ Revenue | -4.0% | +7.7% | +8.0% | +10.8% |
| FCF MarginFCF ÷ Revenue | +19.6% | +11.5% | +9.2% | +7.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +3.0% | +11.9% | +8.7% | +4.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +173.2% | +33.3% | +32.5% | +84.9% |
Valuation Metrics
Evenly matched — VSAT and NOC each lead in 3 of 7 comparable metrics.
Valuation Metrics
At 19.0x trailing earnings, NOC trades at a 47% valuation discount to RTX's 35.6x P/E. Adjusting for growth (PEG ratio), NOC offers better value at 2.15x vs LHX's 3.37x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $8.6B | $56.3B | $238.1B | $78.4B |
| Enterprise ValueMkt cap + debt − cash | $14.5B | $65.6B | $270.1B | $93.8B |
| Trailing P/EPrice ÷ TTM EPS | -14.81x | 35.31x | 35.64x | 18.98x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 26.00x | 25.54x | 19.76x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.37x | — | 2.15x |
| EV / EBITDAEnterprise value multiple | 11.51x | 19.20x | 20.96x | 16.30x |
| Price / SalesMarket cap ÷ Revenue | 1.91x | 2.57x | 2.69x | 1.87x |
| Price / BookPrice ÷ Book value/share | 1.86x | 2.89x | 3.57x | 4.76x |
| Price / FCFMarket cap ÷ FCF | — | 20.98x | 29.98x | 23.71x |
Profitability & Efficiency
NOC leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
NOC delivers a 28.1% return on equity — every $100 of shareholder capital generates $28 in annual profit, vs $-4 for VSAT. LHX carries lower financial leverage with a 0.53x debt-to-equity ratio, signaling a more conservative balance sheet compared to VSAT's 1.62x. On the Piotroski fundamental quality scale (0–9), LHX scores 9/9 vs VSAT's 5/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | -4.0% | +8.9% | +10.9% | +28.1% |
| ROA (TTM)Return on assets | -3.6% | +4.2% | +4.3% | +9.1% |
| ROICReturn on invested capital | -0.7% | +5.4% | +6.7% | +10.2% |
| ROCEReturn on capital employed | -0.7% | +6.4% | +7.9% | +11.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 9 | 8 | 6 |
| Debt / EquityFinancial leverage | 1.62x | 0.53x | 0.59x | 1.18x |
| Net DebtTotal debt minus cash | $5.9B | $9.4B | $32.1B | $15.3B |
| Cash & Equiv.Liquid assets | $1.6B | $1.1B | $7.4B | $4.4B |
| Total DebtShort + long-term debt | $7.5B | $10.4B | $39.5B | $19.7B |
| Interest CoverageEBIT ÷ Interest expense | 6.37x | 4.41x | 5.58x | 8.92x |
Total Returns (Dividends Reinvested)
RTX leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RTX five years ago would be worth $22,007 today (with dividends reinvested), compared to $13,378 for VSAT. Over the past 12 months, VSAT leads with a +614.8% total return vs NOC's +15.5%. The 3-year compound annual growth rate (CAGR) favors RTX at 24.5% vs NOC's 9.3% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +76.3% | -0.7% | -5.2% | -5.3% |
| 1-Year ReturnPast 12 months | +614.8% | +40.4% | +40.8% | +15.5% |
| 3-Year ReturnCumulative with dividends | +80.1% | +68.4% | +93.0% | +30.5% |
| 5-Year ReturnCumulative with dividends | +33.8% | +47.8% | +120.1% | +59.3% |
| 10-Year ReturnCumulative with dividends | -12.1% | +346.1% | +234.7% | +186.0% |
| CAGR (3Y)Annualised 3-year return | +21.7% | +19.0% | +24.5% | +9.3% |
Risk & Volatility
Evenly matched — VSAT and NOC each lead in 1 of 2 comparable metrics.
Risk & Volatility
NOC is the less volatile stock with a 0.03 beta — it tends to amplify market swings less than VSAT's 2.92 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. VSAT currently trades 96.2% from its 52-week high vs NOC's 71.3% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.92x | 0.39x | 0.51x | 0.03x |
| 52-Week HighHighest price in past year | $68.92 | $379.23 | $214.50 | $774.00 |
| 52-Week LowLowest price in past year | $8.61 | $214.10 | $126.03 | $453.01 |
| % of 52W HighCurrent price vs 52-week peak | +96.2% | +79.4% | +82.4% | +71.3% |
| RSI (14)Momentum oscillator 0–100 | 67.3 | 24.2 | 37.3 | 19.8 |
| Avg Volume (50D)Average daily shares traded | 1.5M | 1.4M | 5.3M | 760K |
Analyst Outlook
NOC leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: VSAT as "Buy", LHX as "Buy", RTX as "Buy", NOC as "Buy". Consensus price targets imply 32.5% upside for NOC (target: $731) vs -13.1% for VSAT (target: $58). For income investors, NOC offers the higher dividend yield at 1.63% vs RTX's 1.49%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Buy |
| Price TargetConsensus 12-month target | $57.67 | $352.25 | $224.89 | $731.46 |
| # AnalystsCovering analysts | 20 | 32 | 26 | 35 |
| Dividend YieldAnnual dividend ÷ price | — | +1.6% | +1.5% | +1.6% |
| Dividend StreakConsecutive years of raises | — | 6 | 4 | 22 |
| Dividend / ShareAnnual DPS | — | $4.79 | $2.63 | $8.99 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.1% | +2.1% | +0.0% | +2.1% |
NOC leads in 2 of 6 categories (Profitability & Efficiency, Analyst Outlook). VSAT leads in 1 (Income & Cash Flow). 2 tied.
VSAT vs LHX vs RTX vs NOC: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is VSAT or LHX or RTX or NOC a better buy right now?
For growth investors, RTX Corporation (RTX) is the stronger pick with 9.
7% revenue growth year-over-year, versus 2. 2% for Northrop Grumman Corporation (NOC). Northrop Grumman Corporation (NOC) offers the better valuation at 19. 0x trailing P/E (19. 8x forward), making it the more compelling value choice. Analysts rate Viasat, Inc. (VSAT) a "Buy" — based on 20 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — VSAT or LHX or RTX or NOC?
On trailing P/E, Northrop Grumman Corporation (NOC) is the cheapest at 19.
0x versus RTX Corporation at 35. 6x. On forward P/E, Northrop Grumman Corporation is actually cheaper at 19. 8x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Northrop Grumman Corporation wins at 2. 23x versus L3Harris Technologies, Inc. 's 2. 48x.
03Which is the better long-term investment — VSAT or LHX or RTX or NOC?
Over the past 5 years, RTX Corporation (RTX) delivered a total return of +120.
1%, compared to +33. 8% for Viasat, Inc. (VSAT). Over 10 years, the gap is even starker: LHX returned +346. 1% versus VSAT's -12. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — VSAT or LHX or RTX or NOC?
By beta (market sensitivity over 5 years), Northrop Grumman Corporation (NOC) is the lower-risk stock at 0.
03β versus Viasat, Inc. 's 2. 92β — meaning VSAT is approximately 10114% more volatile than NOC relative to the S&P 500. On balance sheet safety, L3Harris Technologies, Inc. (LHX) carries a lower debt/equity ratio of 53% versus 162% for Viasat, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — VSAT or LHX or RTX or NOC?
By revenue growth (latest reported year), RTX Corporation (RTX) is pulling ahead at 9.
7% versus 2. 2% for Northrop Grumman Corporation (NOC). On earnings-per-share growth, the picture is similar: Viasat, Inc. grew EPS 50. 9% year-over-year, compared to 2. 6% for Northrop Grumman Corporation. Over a 3-year CAGR, VSAT leads at 23. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — VSAT or LHX or RTX or NOC?
Northrop Grumman Corporation (NOC) is the more profitable company, earning 10.
0% net margin versus -12. 7% for Viasat, Inc. — meaning it keeps 10. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NOC leads at 10. 2% versus -2. 2% for VSAT. At the gross margin level — before operating expenses — VSAT leads at 33. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is VSAT or LHX or RTX or NOC more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Northrop Grumman Corporation (NOC) is the more undervalued stock at a PEG of 2. 23x versus L3Harris Technologies, Inc. 's 2. 48x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Northrop Grumman Corporation (NOC) trades at 19. 8x forward P/E versus 26. 0x for L3Harris Technologies, Inc. — 6. 2x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NOC: 32. 5% to $731. 46.
08Which pays a better dividend — VSAT or LHX or RTX or NOC?
In this comparison, NOC (1.
6% yield), LHX (1. 6% yield), RTX (1. 5% yield) pay a dividend. VSAT does not pay a meaningful dividend and should not be held primarily for income.
09Is VSAT or LHX or RTX or NOC better for a retirement portfolio?
For long-horizon retirement investors, Northrop Grumman Corporation (NOC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
03), 1. 6% yield, +186. 0% 10Y return). Viasat, Inc. (VSAT) carries a higher beta of 2. 92 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NOC: +186. 0%, VSAT: -12. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between VSAT and LHX and RTX and NOC?
These companies operate in different sectors (VSAT (Technology) and LHX (Industrials) and RTX (Industrials) and NOC (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
LHX, RTX, NOC pay a dividend while VSAT does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.