GEV vs. HON: GE Vernova vs. Honeywell Stock Comparison
How do GE Vernova (GEV) 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 Vernova (GEV) and Honeywell (HON) both fall under the Capital Goods industry group, but GEV is classified in Electrical Equipment while HON is classified in Industrial Conglomerates.
Honeywell (HON) carries decades of public-market history since January 2, 1962, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the HON side.
| Profile Item | GEV | HON |
|---|---|---|
| Name | GE Vernova Inc. | Honeywell International Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Industrial Conglomerates |
| GICS Sub-Industry | Heavy Electrical Equipment | Industrial Conglomerates |
| Market Capitalization | 204.89 billion USD | 69.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 27, 2024 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GEV | HON |
|---|---|---|
| Total Return (1Y) | 44.63% | 14.14% |
| Total Return (3Y, Annualized) | -- | 9.90% |
| Total Return (5Y, Annualized) | -- | 2.32% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GEV | HON |
|---|---|---|
| Volatility (1Y, Annualized) | 55.54% | 27.11% |
| Beta (5Y) | 1.12 | 0.80 |
| Max Drawdown (5Y) | -38.29% | -25.21% |
| Avg. Volume (3M) | 2.65M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GEV | HON |
|---|---|---|
| Sharpe Ratio (1Y) | 0.73 | 0.36 |
| Sortino Ratio (1Y) | 1.08 | 0.52 |
Profitability
ROE (TTM)
Both GE Vernova (GEV) at 93.04% 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.
GEV
Capital Goods industry group
93.04%
- GEV
- 93.04%
- 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 Vernova (GEV) at 23.54% and Honeywell (HON) at 18.68% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
GEV
Capital Goods industry group
23.54%
- Max
- 27.47%
- GEV
- 23.54%
- 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)
Both GE Vernova (GEV) at 12.77% and Honeywell (HON) at 16.92% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
GEV
Capital Goods industry group
12.77%
- Max
- 36.60%
- Q3
- 18.33%
- GEV
- 12.77%
- 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 | GEV | HON |
|---|---|---|
| ROE (TTM) | 93.04% | 44.39% |
| ROA (TTM) | 3.22% | 7.13% |
| Net Margin (TTM) | 23.54% | 18.68% |
| Operating Margin (TTM) | 12.77% | 16.92% |
| Gross Margin (TTM) | 21.79% | 37.21% |
Growth
Revenue Growth
Both GE Vernova (GEV) at 8.97% 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 Vernova (GEV) at 217.03% clears its industry range for EPS growth, a much stronger earnings trajectory than Honeywell (HON) at -8.27%, which is closer to a typical peer reading.
Growth Metrics
| Metric | GEV | HON |
|---|---|---|
| Revenue Growth (YoY) | 8.97% | 7.85% |
| Revenue Growth (3Y CAGR) | 8.68% | 1.82% |
| EPS Growth (YoY) | 217.03% | -8.27% |
| EPS Growth (3Y CAGR) | -- | 3.20% |
Financial Strength
Current Ratio (MRQ)
Both GE Vernova (GEV) at 0.83 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.
GEV
Capital Goods industry group
0.83
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- GEV
- 0.83
- 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)
Both GE Vernova (GEV) at 0.30 and Honeywell (HON) at 0.76 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
GEV
Capital Goods industry group
0.30
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- GEV
- 0.30
- 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 | GEV | HON |
|---|---|---|
| Current Ratio (MRQ) | 0.83 | 0.96 |
| Debt / Equity (MRQ) | 0.30 | 0.76 |
| Net Debt / EBITDA | -2.50 | 1.23 |
Dividends
Dividend Yield (TTM)
GE Vernova (GEV) at 0.26% 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.
GEV
Capital Goods industry group
0.26%
- Max
- 2.66%
- Q3
- 1.14%
- GEV
- 0.26%
- 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 Vernova (GEV) at 4.59% pays out a band-typical share of earnings, while Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.
GEV
Capital Goods industry group
4.59%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- GEV
- 4.59%
- 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 | GEV | HON |
|---|---|---|
| Dividend Yield (TTM) | 0.26% | 3.63% |
| Dividend Payout Ratio (TTM) | 4.59% | 38.87% |
Valuation
P/E Ratio (TTM)
Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while GE Vernova (GEV) at 20.32 is closer to its industry’s usual earnings multiple — a discount for HON, though growth and earnings durability still matter.
GEV
Capital Goods industry group
20.32
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- GEV
- 20.32
- 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 Vernova (GEV) at 4.65 sits in the pricier quartile — GEV costs more per dollar of sales.
GEV
Capital Goods industry group
4.65
- Max
- 7.54
- GEV
- 4.65
- 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 Vernova (GEV) at 18.00 prices above its benchmark range — GEV looks rich relative to book.
GEV
Capital Goods industry group
18.00
- GEV
- 18.00
- 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 | GEV | HON |
|---|---|---|
| P/E Ratio (TTM) | 20.32 | 10.91 |
| P/S Ratio (TTM) | 4.65 | 1.85 |
| P/B Ratio (MRQ) | 18.00 | 3.12 |
| Free Cash Flow Yield (TTM) | 10.79% | 10.07% |