CARR vs. HONA: Carrier Global vs. Honeywell Aerospace Stock Comparison

Company Profile

Carrier Global (CARR) and Honeywell Aerospace (HONA) both fall under the Capital Goods industry group, but CARR is classified in Building Products while HONA is classified in Aerospace & Defense.

Carrier Global (CARR) has traded publicly since March 19, 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.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

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. Carrier Global (CARR) has a non-negative beta of 1.32.

Risk-Adjusted Performance

Risk-Return Positioning

Both CARR and HONA need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Honeywell Aerospace (HONA) has no ROE value reported for this period; Carrier Global (CARR) reports a negative figure of -13.44%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.

Carrier Global (CARR) reports a negative net margin of -7.90%, usually indicating a net loss over the period. Meanwhile Honeywell Aerospace (HONA) reports 11.25%, ranking against industry peers normally.

Honeywell Aerospace (HONA) at 23.69% operates in the top operating margin quartile, ahead of Carrier Global (CARR) at 11.00%, which runs around its industry’s norm.

Profitability Metrics

Growth

Honeywell Aerospace (HONA) at 12.68% is around its peer norm for revenue growth, while Carrier Global (CARR) at -3.29% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Both Carrier Global (CARR) at -72.03% and Honeywell Aerospace (HONA) at -36.80% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Growth Metrics

Financial Strength

Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while Carrier Global (CARR) at 1.00 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CARR.

Only one side’s leverage can be read here: Carrier Global (CARR) carries debt-to-equity ratio of 1.14 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.

Financial Strength Metrics

Dividends

Honeywell Aerospace (HONA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carrier Global (CARR) reports a yield of 1.80%, ranking against industry peers normally.

Honeywell Aerospace (HONA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carrier Global (CARR) reports a payout of 67.39%, ranking against industry peers normally.

Dividend Metrics

Valuation

An earnings multiple is available for just one side: Honeywell Aerospace (HONA) trades at 43.32 times trailing earnings, ranked against its peers, while Carrier Global (CARR) has no P/E ratio this period.

On P/S ratio, both Carrier Global (CARR) at 1.88 and Honeywell Aerospace (HONA) at 2.69 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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 Carrier Global (CARR) reports 4.27, ranking against industry peers normally.

Valuation Metrics