GE vs. HON: GE Aerospace vs. Honeywell Stock Comparison
How do GE Aerospace (GE) and Honeywell (HON) 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
GE Aerospace (GE) and Honeywell (HON) are both classified in the Industrial Conglomerates sub-industry within the broader Industrial Conglomerates industry, placing them in the closest GICS peer bucket.
| Profile Item | GE | HON |
|---|---|---|
| Name | General Electric Company | Honeywell International Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Industrial Conglomerates | Industrial Conglomerates |
| GICS Sub-Industry | Industrial Conglomerates | Industrial Conglomerates |
| Market Capitalization | 335.38 billion USD | 69.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | January 2, 1962 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GE | HON |
|---|---|---|
| Total Return (1Y) | 9.16% | 14.14% |
| Total Return (3Y, Annualized) | 55.50% | 9.90% |
| Total Return (5Y, Annualized) | 37.59% | 2.32% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GE | HON |
|---|---|---|
| Volatility (1Y, Annualized) | 34.52% | 27.11% |
| Beta (5Y) | 1.39 | 0.80 |
| Max Drawdown (5Y) | -44.94% | -25.21% |
| Avg. Volume (3M) | 4.48M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GE | HON |
|---|---|---|
| Sharpe Ratio (1Y) | 0.14 | 0.36 |
| Sortino Ratio (1Y) | 0.20 | 0.52 |
Profitability
ROE (TTM)
Both GE Aerospace (GE) at 50.17% and Honeywell (HON) at 44.39% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.
GE
Capital Goods industry group
50.17%
- GE
- 50.17%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
HON
Capital Goods industry group
44.39%
- HON
- 44.39%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both GE Aerospace (GE) at 17.31% and Honeywell (HON) at 18.68% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
GE
Capital Goods industry group
17.31%
- Max
- 27.47%
- GE
- 17.31%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
HON
Capital Goods industry group
18.68%
- Max
- 27.47%
- HON
- 18.68%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
GE Aerospace (GE) at 18.49% operates in the top operating margin quartile, ahead of Honeywell (HON) at 16.92%, which runs around its industry’s norm.
GE
Capital Goods industry group
18.49%
- Max
- 36.60%
- GE
- 18.49%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
HON
Capital Goods industry group
16.92%
- Max
- 36.60%
- Q3
- 18.33%
- HON
- 16.92%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | GE | HON |
|---|---|---|
| ROE (TTM) | 50.17% | 44.39% |
| ROA (TTM) | 5.06% | 7.13% |
| Net Margin (TTM) | 17.31% | 18.68% |
| Operating Margin (TTM) | 18.49% | 16.92% |
| Gross Margin (TTM) | 30.07% | 37.21% |
Growth
Revenue Growth
Both GE Aerospace (GE) at 18.48% and Honeywell (HON) at 7.85% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
GE Aerospace (GE) at 35.89% sits in the top EPS growth quartile, while Honeywell (HON) at -8.27% is closer to the peer norm — faster per-share earnings growth for GE.
Growth Metrics
| Metric | GE | HON |
|---|---|---|
| Revenue Growth (YoY) | 18.48% | 7.85% |
| Revenue Growth (3Y CAGR) | 16.32% | 1.82% |
| EPS Growth (YoY) | 35.89% | -8.27% |
| EPS Growth (3Y CAGR) | 446.03% | 3.20% |
Financial Strength
Current Ratio (MRQ)
Both GE Aerospace (GE) at 0.98 and Honeywell (HON) at 0.96 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
GE
Capital Goods industry group
0.98
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- GE
- 0.98
- Min
- 0.36
HON
Capital Goods industry group
0.96
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- HON
- 0.96
- Min
- 0.36
Debt / Equity (MRQ)
Honeywell (HON) at 0.76 carries an industry-typical debt-to-equity mix, while GE Aerospace (GE) at 1.16 uses more debt funding than most peers.
GE
Capital Goods industry group
1.16
- Max
- 2.33
- GE
- 1.16
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
HON
Capital Goods industry group
0.76
- Max
- 2.33
- Q3
- 1.12
- HON
- 0.76
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | GE | HON |
|---|---|---|
| Current Ratio (MRQ) | 0.98 | 0.96 |
| Debt / Equity (MRQ) | 1.16 | 0.76 |
| Net Debt / EBITDA | 0.93 | 1.23 |
Dividends
Dividend Yield (TTM)
GE Aerospace (GE) at 0.56% pays an industry-typical yield; Honeywell (HON) at 3.63% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
GE
Capital Goods industry group
0.56%
- Max
- 2.66%
- Q3
- 1.14%
- GE
- 0.56%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
HON
Capital Goods industry group
3.63%
- HON
- 3.63%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
GE Aerospace (GE) at 20.23% pays out a band-typical share of earnings, while Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.
GE
Capital Goods industry group
20.23%
- Max
- 67.39%
- Q3
- 28.02%
- GE
- 20.23%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
HON
Capital Goods industry group
38.87%
- Max
- 67.39%
- HON
- 38.87%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | GE | HON |
|---|---|---|
| Dividend Yield (TTM) | 0.56% | 3.63% |
| Dividend Payout Ratio (TTM) | 20.23% | 38.87% |
Valuation
P/E Ratio (TTM)
Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while GE Aerospace (GE) at 36.94 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
GE
Capital Goods industry group
36.94
- Max
- 59.38
- GE
- 36.94
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
HON
Capital Goods industry group
10.91
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- HON
- 10.91
- Min
- 3.03
P/S Ratio (TTM)
Honeywell (HON) at 1.85 is priced about in line with its industry on P/S ratio, while GE Aerospace (GE) at 6.38 sits in the pricier quartile — GE costs more per dollar of sales.
GE
Capital Goods industry group
6.38
- Max
- 7.54
- GE
- 6.38
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
HON
Capital Goods industry group
1.85
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- HON
- 1.85
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Honeywell (HON) at 3.12 sits near its industry’s typical P/B ratio, while GE Aerospace (GE) at 19.06 prices above its benchmark range — GE looks rich relative to book.
GE
Capital Goods industry group
19.06
- GE
- 19.06
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
HON
Capital Goods industry group
3.12
- Max
- 9.66
- Q3
- 5.00
- HON
- 3.12
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | GE | HON |
|---|---|---|
| P/E Ratio (TTM) | 36.94 | 10.91 |
| P/S Ratio (TTM) | 6.38 | 1.85 |
| P/B Ratio (MRQ) | 19.06 | 3.12 |
| Free Cash Flow Yield (TTM) | 1.89% | 10.07% |