FER vs. HONA: Ferrovial vs. Honeywell Aerospace Stock Comparison
How do Ferrovial (FER) 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
Ferrovial (FER) and Honeywell Aerospace (HONA) both fall under the Capital Goods industry group, but FER is classified in Construction & Engineering while HONA is classified in Aerospace & Defense.
Ferrovial (FER) has been public since August 13, 2012 with a meaningfully longer listed history, while Honeywell Aerospace (HONA) only listed on June 15, 2026 — long-window metrics on the HONA side should be interpreted with caution.
| Profile Item | FER | HONA |
|---|---|---|
| Name | Ferrovial N.V. | Honeywell Aerospace Inc. |
| Country/Region | Netherlands | 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 | 42.19 billion USD | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | August 13, 2012 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FER | HONA |
|---|---|---|
| Total Return (1Y) | -1.10% | -- |
| Total Return (3Y, Annualized) | 26.01% | -- |
| Total Return (5Y, Annualized) | 17.20% | -- |
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. Ferrovial (FER) has a non-negative beta of 0.36.
| Metric | FER | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 27.38% | 84.07% |
| Beta (5Y) | 0.36 | -5.78 |
| Max Drawdown (5Y) | -33.67% | -44.59% |
| Avg. Volume (3M) | 1.95M | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both FER and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | FER | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | -0.20 | -- |
| Sortino Ratio (1Y) | -0.30 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Ferrovial (FER) earns 11.62% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
FER
Capital Goods industry group
11.62%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- FER
- 11.62%
- 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 Ferrovial (FER) at 6.15% 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.
FER
Capital Goods industry group
6.15%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- FER
- 6.15%
- 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 Ferrovial (FER) at 10.45%, which runs around its industry’s norm.
FER
Capital Goods industry group
10.45%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- FER
- 10.45%
- 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 | FER | HONA |
|---|---|---|
| ROE (TTM) | 11.62% | -- |
| ROA (TTM) | 2.62% | -- |
| Net Margin (TTM) | 6.15% | 11.25% |
| Operating Margin (TTM) | 10.45% | 23.69% |
| Gross Margin (TTM) | 87.14% | 34.64% |
Growth
Revenue Growth
Both Ferrovial (FER) at 5.24% 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
Both Ferrovial (FER) at -72.26% and Honeywell Aerospace (HONA) at -36.80% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.
Growth Metrics
| Metric | FER | HONA |
|---|---|---|
| Revenue Growth (YoY) | 5.24% | 12.68% |
| Revenue Growth (3Y CAGR) | 8.43% | -- |
| EPS Growth (YoY) | -72.26% | -36.80% |
| EPS Growth (3Y CAGR) | 70.54% | -- |
Financial Strength
Current Ratio (MRQ)
Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while Ferrovial (FER) at 1.20 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for FER.
FER
Capital Goods industry group
1.20
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- FER
- 1.20
- 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: Ferrovial (FER) carries debt-to-equity ratio of 1.44 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
FER
Capital Goods industry group
1.44
- Max
- 2.33
- FER
- 1.44
- 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 | FER | HONA |
|---|---|---|
| Current Ratio (MRQ) | 1.20 | 1.64 |
| Debt / Equity (MRQ) | 1.44 | -- |
| Net Debt / EBITDA | 4.39 | 3.43 |
Dividends
Dividend Yield (TTM)
Honeywell Aerospace (HONA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Ferrovial (FER) reports a yield of 0.94%, ranking against industry peers normally.
FER
Capital Goods industry group
0.94%
- Max
- 2.66%
- Q3
- 1.14%
- FER
- 0.94%
- Median
- 0.24%
- 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)
Honeywell Aerospace (HONA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Ferrovial (FER) reports a payout of 71.24%, ranking against industry peers normally.
FER
Capital Goods industry group
71.24%
- FER
- 71.24%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- 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 | FER | HONA |
|---|---|---|
| Dividend Yield (TTM) | 0.94% | 0.00% |
| Dividend Payout Ratio (TTM) | 71.24% | 0.00% |
Valuation
P/E Ratio (TTM)
Ferrovial (FER) at 32.26 is near its industry’s usual P/E ratio, while Honeywell Aerospace (HONA) at 43.32 sits in the richer quartile — HONA needs stronger growth or earnings quality to justify the premium.
FER
Capital Goods industry group
32.26
- Max
- 59.38
- Q3
- 35.92
- FER
- 32.26
- Median
- 25.41
- Q1
- 19.47
- 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)
Honeywell Aerospace (HONA) at 2.69 is priced about in line with its industry on P/S ratio, while Ferrovial (FER) at 4.28 sits in the pricier quartile — FER costs more per dollar of sales.
FER
Capital Goods industry group
4.28
- Max
- 7.54
- FER
- 4.28
- Q3
- 3.76
- Median
- 2.15
- 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 Ferrovial (FER) reports 6.59, ranking against industry peers normally.
FER
Capital Goods industry group
6.59
- Max
- 9.66
- FER
- 6.59
- 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 | FER | HONA |
|---|---|---|
| P/E Ratio (TTM) | 32.26 | 43.32 |
| P/S Ratio (TTM) | 4.28 | 2.69 |
| P/B Ratio (MRQ) | 6.59 | -18.85 |
| Free Cash Flow Yield (TTM) | 2.11% | -- |