Honeywell Aerospace (HONA) Stock Analysis
This is a peer-relative look at Honeywell Aerospace (HONA): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | HONA |
|---|---|
| Name | Honeywell Aerospace Inc. |
| Country/Region | United States |
| GICS Sector | Industrials |
| GICS Industry Group | Capital Goods |
| GICS Industry | Aerospace & Defense |
| GICS Sub-Industry | Aerospace & Defense |
| Market Capitalization | 48.48 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | June 15, 2026 |
| Security Type | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| Total Return (1Y) | -- | 6.84% |
| Total Return (3Y, Annualized) | -- | 17.66% |
| Total Return (5Y, Annualized) | -- | 9.09% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 84.07% | 44.38% |
| Beta (5Y) | -5.78 | 1.19 |
| Max Drawdown (5Y) | -44.59% | -49.95% |
Risk-Adjusted Performance
Risk-Return Positioning
HONA needs both 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| Sharpe Ratio (1Y) | -- | 0.06 |
| Sortino Ratio (1Y) | -- | 0.09 |
Profitability
ROE (TTM)
No usable ROE is available for Honeywell Aerospace (HONA) this period, so the shareholder-equity return read is skipped.
HONA
Capital Goods industry group
--
Group distribution
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- HONA
- --
Largest peers
- GEV
- 93.04%
- CAT
- 56.14%
- GE
- 50.17%
- DE
- 18.24%
- RTX
- 12.85%
- HONA
- --
- BA
- --
Net Margin (TTM)
Honeywell Aerospace (HONA) keeps 11.25% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
HONA
Capital Goods industry group
11.25%
Group distribution
- Max
- 27.47%
- Q3
- 12.10%
- HONA
- 11.25%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Largest peers
- GEV
- 23.54%
- GE
- 17.31%
- CAT
- 15.21%
- HONA
- 11.25%
- DE
- 10.17%
- RTX
- 8.75%
- BA
- 8.07%
Operating Margin (TTM)
Honeywell Aerospace (HONA) turns 23.69% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
HONA
Capital Goods industry group
23.69%
Group distribution
- Max
- 36.60%
- HONA
- 23.69%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Largest peers
- HONA
- 23.69%
- CAT
- 20.19%
- GE
- 18.49%
- RTX
- 15.54%
- DE
- 13.37%
- GEV
- 12.77%
- BA
- 0.30%
Profitability Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| ROE (TTM) | -- | 12.12% |
| ROA (TTM) | -- | 5.29% |
| Net Margin (TTM) | 11.25% | 6.30% |
| Operating Margin (TTM) | 23.69% | 11.12% |
| Gross Margin (TTM) | 34.64% | 29.63% |
Growth
Revenue Growth
Honeywell Aerospace (HONA) grew revenue 12.68%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.
EPS Growth
Honeywell Aerospace (HONA) grew earnings per share -36.80%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.
Growth Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| Revenue Growth (YoY) | 12.68% | 8.11% |
| Revenue Growth (3Y CAGR) | -- | 6.45% |
| EPS Growth (YoY) | -36.80% | 5.45% |
| EPS Growth (3Y CAGR) | -- | 7.15% |
Financial Strength
Current Ratio (MRQ)
Honeywell Aerospace (HONA) has current ratio of 1.64, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
HONA
Capital Goods industry group
1.64
Group distribution
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- HONA
- 1.64
- Q1
- 1.43
- Min
- 0.36
Largest peers
- DE
- 2.13
- HONA
- 1.64
- CAT
- 1.42
- BA
- 1.13
- RTX
- 1.05
- GE
- 0.98
- GEV
- 0.83
Debt / Equity (MRQ)
No usable debt-to-equity ratio is available for Honeywell Aerospace (HONA) this period, so the balance-sheet leverage read is skipped.
HONA
Capital Goods industry group
--
Group distribution
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- HONA
- --
Largest peers
- BA
- 7.39
- DE
- 2.30
- CAT
- 2.10
- GE
- 1.16
- RTX
- 0.55
- GEV
- 0.30
- HONA
- --
Financial Strength Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 2.08 |
| Debt / Equity (MRQ) | -- | 0.60 |
| Net Debt / EBITDA | 3.43 | 1.78 |
Dividends
Dividend Yield (TTM)
Honeywell Aerospace (HONA) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
HONA
Capital Goods industry group
0.00%
Group distribution
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 1.47%
- CAT
- 1.13%
- DE
- 0.98%
- GE
- 0.56%
- GEV
- 0.26%
- HONA
- 0.00%
- BA
- 0.00%
Dividend Payout Ratio (TTM)
Honeywell Aerospace (HONA) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
HONA
Capital Goods industry group
0.00%
Group distribution
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- RTX
- 45.85%
- DE
- 36.02%
- CAT
- 24.18%
- GE
- 20.23%
- GEV
- 4.59%
- HONA
- 0.00%
- BA
- 0.00%
Dividend Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.24% |
| Dividend Payout Ratio (TTM) | 0.00% | 6.86% |
Valuation
P/E Ratio (TTM)
Honeywell Aerospace (HONA) trades at P/E ratio of 43.32, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.
HONA
Capital Goods industry group
43.32
Group distribution
- Max
- 59.38
- HONA
- 43.32
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
Largest peers
- HONA
- 43.32
- DE
- 37.33
- GE
- 36.94
- RTX
- 30.82
- CAT
- 21.92
- GEV
- 20.32
- BA
- 17.89
P/S Ratio (TTM)
Honeywell Aerospace (HONA) trades at 2.69 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.
HONA
Capital Goods industry group
2.69
Group distribution
- Max
- 7.54
- Q3
- 3.76
- HONA
- 2.69
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
Largest peers
- GE
- 6.38
- GEV
- 4.65
- DE
- 3.78
- CAT
- 3.29
- HONA
- 2.69
- RTX
- 2.66
- BA
- 1.45
P/B Ratio (MRQ)
Honeywell Aerospace (HONA) has negative P/B ratio of -18.85, which means reported book equity is negative. Price-to-book breaks down in this situation and should not be used as a valuation signal.
HONA
Capital Goods industry group
-18.85
Group distribution
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- HONA
- -18.85
Largest peers
- BA
- 20.99
- GE
- 19.06
- GEV
- 18.00
- CAT
- 11.90
- DE
- 6.47
- RTX
- 3.69
- HONA
- -18.85
Valuation Metrics
| Metric | Current stock: HONA | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 43.32 | 25.41 |
| P/S Ratio (TTM) | 2.69 | 2.15 |
| P/B Ratio (MRQ) | -18.85 | 3.12 |
| Free Cash Flow Yield (TTM) | -- | 3.03% |