APG vs. HONA: APi Group vs. Honeywell Aerospace Stock Comparison
How do APi Group (APG) and Honeywell Aerospace (HONA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
APi Group (APG) and Honeywell Aerospace (HONA) both fall under the Capital Goods industry group, but APG is classified in Construction & Engineering while HONA is classified in Aerospace & Defense.
APi Group (APG) has traded publicly since April 29, 2020, giving it several years of listed trading history, while Honeywell Aerospace (HONA) only listed on June 15, 2026 and has a limited public-market record.
| Profile Item | APG | HONA |
|---|---|---|
| Name | APi Group Corporation Common Stock | Honeywell Aerospace Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Construction & Engineering | Aerospace & Defense |
| GICS Sub-Industry | Construction & Engineering | Aerospace & Defense |
| Market Capitalization | 17.38 billion USD | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | April 29, 2020 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APG | HONA |
|---|---|---|
| Total Return (1Y) | 17.89% | -- |
| Total Return (3Y, Annualized) | 33.17% | -- |
| Total Return (5Y, Annualized) | 23.35% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Honeywell Aerospace (HONA) reports a negative beta of -5.78, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. APi Group (APG) has a non-negative beta of 1.59.
| Metric | APG | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 32.45% | 84.07% |
| Beta (5Y) | 1.59 | -5.78 |
| Max Drawdown (5Y) | -49.62% | -44.59% |
| Avg. Volume (3M) | 3.19M | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both APG and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | APG | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.42 | -- |
| Sortino Ratio (1Y) | 0.61 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: APi Group (APG) earns 10.85% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
APG
Capital Goods industry group
10.85%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- APG
- 10.85%
- Q1
- 4.08%
- Min
- -17.12%
HONA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- HONA
- --
Net Margin (TTM)
Both APi Group (APG) at 4.12% and Honeywell Aerospace (HONA) at 11.25% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
APG
Capital Goods industry group
4.12%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- APG
- 4.12%
- Q1
- 1.40%
- Min
- -12.89%
HONA
Capital Goods industry group
11.25%
- Max
- 27.47%
- Q3
- 12.10%
- HONA
- 11.25%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Honeywell Aerospace (HONA) at 23.69% operates in the top operating margin quartile, ahead of APi Group (APG) at 9.28%, which runs around its industry’s norm.
APG
Capital Goods industry group
9.28%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- APG
- 9.28%
- Q1
- 5.14%
- Min
- -12.63%
HONA
Capital Goods industry group
23.69%
- Max
- 36.60%
- HONA
- 23.69%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | APG | HONA |
|---|---|---|
| ROE (TTM) | 10.85% | -- |
| ROA (TTM) | 5.20% | -- |
| Net Margin (TTM) | 4.12% | 11.25% |
| Operating Margin (TTM) | 9.28% | 23.69% |
| Gross Margin (TTM) | 31.11% | 34.64% |
Growth
Revenue Growth
Both APi Group (APG) at 12.72% and Honeywell Aerospace (HONA) at 12.68% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Only one side can be read here: Honeywell Aerospace (HONA) reports EPS growth of -36.80%, ranked against its industry; APi Group (APG) has no EPS growth figure this period.
Growth Metrics
| Metric | APG | HONA |
|---|---|---|
| Revenue Growth (YoY) | 12.72% | 12.68% |
| Revenue Growth (3Y CAGR) | 6.45% | -- |
| EPS Growth (YoY) | -- | -36.80% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while APi Group (APG) at 1.18 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for APG.
APG
Capital Goods industry group
1.18
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- APG
- 1.18
- Min
- 0.36
HONA
Capital Goods industry group
1.64
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- HONA
- 1.64
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: APi Group (APG) carries debt-to-equity ratio of 1.12 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
APG
Capital Goods industry group
1.12
- Max
- 2.33
- Q3
- 1.12
- APG
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
HONA
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- HONA
- --
Financial Strength Metrics
| Metric | APG | HONA |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 1.64 |
| Debt / Equity (MRQ) | 1.12 | -- |
| Net Debt / EBITDA | 3.05 | 3.43 |
Dividends
Dividend Yield (TTM)
Neither APi Group (APG) nor Honeywell Aerospace (HONA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APG
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- APG
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HONA
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither APi Group (APG) nor Honeywell Aerospace (HONA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
APG
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- APG
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HONA
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APG | HONA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Honeywell Aerospace (HONA) trades at 43.32 times trailing earnings, ranked against its peers, while APi Group (APG) has no P/E ratio this period.
APG
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- APG
- --
HONA
Capital Goods industry group
43.32
- Max
- 59.38
- HONA
- 43.32
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both APi Group (APG) at 1.95 and Honeywell Aerospace (HONA) at 2.69 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
APG
Capital Goods industry group
1.95
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- APG
- 1.95
- Q1
- 1.03
- Min
- 0.03
HONA
Capital Goods industry group
2.69
- Max
- 7.54
- Q3
- 3.76
- HONA
- 2.69
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Honeywell Aerospace (HONA) reports a negative P/B ratio of -18.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile APi Group (APG) reports 5.01, ranking against industry peers normally.
APG
Capital Goods industry group
5.01
- Max
- 9.66
- APG
- 5.01
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
HONA
Capital Goods industry group
-18.85
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- HONA
- -18.85
Valuation Metrics
| Metric | APG | HONA |
|---|---|---|
| P/E Ratio (TTM) | -- | 43.32 |
| P/S Ratio (TTM) | 1.95 | 2.69 |
| P/B Ratio (MRQ) | 5.01 | -18.85 |
| Free Cash Flow Yield (TTM) | 3.54% | -- |