BA vs. HONA: Boeing vs. Honeywell Aerospace Stock Comparison
How do Boeing (BA) 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
Boeing (BA) and Honeywell Aerospace (HONA) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.
Boeing (BA) has been public since January 2, 1962, giving it decades of market history across multiple cycles, while Honeywell Aerospace (HONA) listed only on June 15, 2026 and lacks comparable through-cycle data.
| Profile Item | BA | HONA |
|---|---|---|
| Name | The Boeing Company | Honeywell Aerospace Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Aerospace & Defense |
| GICS Sub-Industry | Aerospace & Defense | Aerospace & Defense |
| Market Capitalization | 137.41 billion USD | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 2, 1962 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BA | HONA |
|---|---|---|
| Total Return (1Y) | -10.22% | -- |
| Total Return (3Y, Annualized) | -3.32% | -- |
| Total Return (5Y, Annualized) | -4.57% | -- |
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. Boeing (BA) has a non-negative beta of 1.31.
| Metric | BA | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 35.25% | 84.07% |
| Beta (5Y) | 1.31 | -5.78 |
| Max Drawdown (5Y) | -50.29% | -44.59% |
| Avg. Volume (3M) | 7.77M | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both BA and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | BA | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | -0.41 | -- |
| Sortino Ratio (1Y) | -0.60 | -- |
Profitability
ROE (TTM)
Neither Boeing (BA) nor Honeywell Aerospace (HONA) reports a ROE value for this period, so a direct comparison isn’t possible.
BA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- BA
- --
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 Boeing (BA) at 8.07% 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.
BA
Capital Goods industry group
8.07%
- Max
- 27.47%
- Q3
- 12.10%
- BA
- 8.07%
- Median
- 6.30%
- 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% carries a top-quartile operating margin, while Boeing (BA) at 0.30% operates in the bottom quartile.
BA
Capital Goods industry group
0.30%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- BA
- 0.30%
- 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 | BA | HONA |
|---|---|---|
| ROE (TTM) | -- | -- |
| ROA (TTM) | -0.11% | -- |
| Net Margin (TTM) | 8.07% | 11.25% |
| Operating Margin (TTM) | 0.30% | 23.69% |
| Gross Margin (TTM) | 9.45% | 34.64% |
Growth
Revenue Growth
Boeing (BA) at 34.50% sits in the top revenue growth quartile, while Honeywell Aerospace (HONA) at 12.68% is closer to the peer norm — faster top-line expansion for BA.
EPS Growth
Only one side can be read here: Honeywell Aerospace (HONA) reports EPS growth of -36.80%, ranked against its industry; Boeing (BA) has no EPS growth figure this period.
Growth Metrics
| Metric | BA | HONA |
|---|---|---|
| Revenue Growth (YoY) | 34.50% | 12.68% |
| Revenue Growth (3Y CAGR) | 10.33% | -- |
| 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 Boeing (BA) at 1.13 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BA.
BA
Capital Goods industry group
1.13
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- BA
- 1.13
- 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: Boeing (BA) carries debt-to-equity ratio of 7.39 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
BA
Capital Goods industry group
7.39
- BA
- 7.39
- Max
- 2.33
- Q3
- 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 | BA | HONA |
|---|---|---|
| Current Ratio (MRQ) | 1.13 | 1.64 |
| Debt / Equity (MRQ) | 7.39 | -- |
| Net Debt / EBITDA | 13.81 | 3.43 |
Dividends
Dividend Yield (TTM)
Neither Boeing (BA) nor Honeywell Aerospace (HONA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
BA
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- BA
- 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 Boeing (BA) nor Honeywell Aerospace (HONA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
BA
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- BA
- 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 | BA | HONA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Boeing (BA) at 17.89 sits in the cheaper P/E ratio quartile, while Honeywell Aerospace (HONA) at 43.32 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
BA
Capital Goods industry group
17.89
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- BA
- 17.89
- Min
- 3.03
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 Boeing (BA) at 1.45 and Honeywell Aerospace (HONA) at 2.69 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
BA
Capital Goods industry group
1.45
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- BA
- 1.45
- 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 Boeing (BA) reports 20.99, ranking against industry peers normally.
BA
Capital Goods industry group
20.99
- BA
- 20.99
- Max
- 9.66
- 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 | BA | HONA |
|---|---|---|
| P/E Ratio (TTM) | 17.89 | 43.32 |
| P/S Ratio (TTM) | 1.45 | 2.69 |
| P/B Ratio (MRQ) | 20.99 | -18.85 |
| Free Cash Flow Yield (TTM) | 3.44% | -- |