GNRC vs. HONA: Generac vs. Honeywell Aerospace Stock Comparison
How do Generac (GNRC) 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
Generac (GNRC) and Honeywell Aerospace (HONA) both fall under the Capital Goods industry group, but GNRC is classified in Electrical Equipment while HONA is classified in Aerospace & Defense.
Generac (GNRC) has been public since February 11, 2010 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 | GNRC | HONA |
|---|---|---|
| Name | Generac Holdings Inc. | Honeywell Aerospace Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Electrical Equipment | Aerospace & Defense |
| GICS Sub-Industry | Electrical Components & Equipment | Aerospace & Defense |
| Market Capitalization | 10.43 billion USD | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 11, 2010 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GNRC | HONA |
|---|---|---|
| Total Return (1Y) | 23.38% | -- |
| Total Return (3Y, Annualized) | 23.05% | -- |
| Total Return (5Y, Annualized) | -15.31% | -- |
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. Generac (GNRC) has a non-negative beta of 1.84.
| Metric | GNRC | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 59.48% | 84.07% |
| Beta (5Y) | 1.84 | -5.78 |
| Max Drawdown (5Y) | -81.73% | -44.59% |
| Avg. Volume (3M) | 1.22M | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both GNRC and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | GNRC | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.32 | -- |
| Sortino Ratio (1Y) | 0.50 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Generac (GNRC) earns 10.64% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
GNRC
Capital Goods industry group
10.64%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- GNRC
- 10.64%
- 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 Generac (GNRC) at 6.52% 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.
GNRC
Capital Goods industry group
6.52%
- Max
- 27.47%
- Q3
- 12.10%
- GNRC
- 6.52%
- 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% operates in the top operating margin quartile, ahead of Generac (GNRC) at 11.67%, which runs around its industry’s norm.
GNRC
Capital Goods industry group
11.67%
- Max
- 36.60%
- Q3
- 18.33%
- GNRC
- 11.67%
- Median
- 11.12%
- 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 | GNRC | HONA |
|---|---|---|
| ROE (TTM) | 10.64% | -- |
| ROA (TTM) | 4.24% | -- |
| Net Margin (TTM) | 6.52% | 11.25% |
| Operating Margin (TTM) | 11.67% | 23.69% |
| Gross Margin (TTM) | 38.18% | 34.64% |
Growth
Revenue Growth
Honeywell Aerospace (HONA) at 12.68% is around its peer norm for revenue growth, while Generac (GNRC) at -2.02% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Generac (GNRC) at -50.09% 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 | GNRC | HONA |
|---|---|---|
| Revenue Growth (YoY) | -2.02% | 12.68% |
| Revenue Growth (3Y CAGR) | -2.67% | -- |
| EPS Growth (YoY) | -50.09% | -36.80% |
| EPS Growth (3Y CAGR) | -20.83% | -- |
Financial Strength
Current Ratio (MRQ)
Both Generac (GNRC) at 1.97 and Honeywell Aerospace (HONA) at 1.64 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
GNRC
Capital Goods industry group
1.97
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- GNRC
- 1.97
- Q1
- 1.43
- 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: Generac (GNRC) carries debt-to-equity ratio of 0.47 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
GNRC
Capital Goods industry group
0.47
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- GNRC
- 0.47
- 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 | GNRC | HONA |
|---|---|---|
| Current Ratio (MRQ) | 1.97 | 1.64 |
| Debt / Equity (MRQ) | 0.47 | -- |
| Net Debt / EBITDA | 1.65 | 3.43 |
Dividends
Dividend Yield (TTM)
Neither Generac (GNRC) nor Honeywell Aerospace (HONA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
GNRC
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- GNRC
- 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 Generac (GNRC) nor Honeywell Aerospace (HONA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
GNRC
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- GNRC
- 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 | GNRC | HONA |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Generac (GNRC) at 34.87 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.
GNRC
Capital Goods industry group
34.87
- Max
- 59.38
- Q3
- 35.92
- GNRC
- 34.87
- 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)
On P/S ratio, both Generac (GNRC) at 2.26 and Honeywell Aerospace (HONA) at 2.69 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
GNRC
Capital Goods industry group
2.26
- Max
- 7.54
- Q3
- 3.76
- GNRC
- 2.26
- 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 Generac (GNRC) reports 3.46, ranking against industry peers normally.
GNRC
Capital Goods industry group
3.46
- Max
- 9.66
- Q3
- 5.00
- GNRC
- 3.46
- 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 | GNRC | HONA |
|---|---|---|
| P/E Ratio (TTM) | 34.87 | 43.32 |
| P/S Ratio (TTM) | 2.26 | 2.69 |
| P/B Ratio (MRQ) | 3.46 | -18.85 |
| Free Cash Flow Yield (TTM) | 3.21% | -- |