GWW vs. HON: W.W. Grainger vs. Honeywell Stock Comparison
How do W.W. Grainger (GWW) 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
W.W. Grainger (GWW) and Honeywell (HON) both fall under the Capital Goods industry group, but GWW is classified in Trading Companies & Distributors while HON is classified in Industrial Conglomerates.
| Profile Item | GWW | HON |
|---|---|---|
| Name | W.W. Grainger Inc. | Honeywell International Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Trading Companies & Distributors | Industrial Conglomerates |
| GICS Sub-Industry | Trading Companies & Distributors | Industrial Conglomerates |
| Market Capitalization | 67.45 billion USD | 69.74 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 21, 1973 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GWW | HON |
|---|---|---|
| Total Return (1Y) | 54.07% | 14.14% |
| Total Return (3Y, Annualized) | 24.16% | 9.90% |
| Total Return (5Y, Annualized) | 25.95% | 2.32% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | GWW | HON |
|---|---|---|
| Volatility (1Y, Annualized) | 24.49% | 27.11% |
| Beta (5Y) | 0.93 | 0.80 |
| Max Drawdown (5Y) | -24.50% | -25.21% |
| Avg. Volume (3M) | 250.35K | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | GWW | HON |
|---|---|---|
| Sharpe Ratio (1Y) | 2.03 | 0.36 |
| Sortino Ratio (1Y) | 3.31 | 0.52 |
Profitability
ROE (TTM)
Both W.W. Grainger (GWW) at 52.33% 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.
GWW
Capital Goods industry group
52.33%
- GWW
- 52.33%
- 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)
Honeywell (HON) at 18.68% retains a top-quartile share of revenue as profit, ahead of W.W. Grainger (GWW) at 11.17%, which keeps about the industry-typical share.
GWW
Capital Goods industry group
11.17%
- Max
- 27.47%
- Q3
- 12.10%
- GWW
- 11.17%
- 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 W.W. Grainger (GWW) at 16.14% and Honeywell (HON) at 16.92% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
GWW
Capital Goods industry group
16.14%
- Max
- 36.60%
- Q3
- 18.33%
- GWW
- 16.14%
- 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 | GWW | HON |
|---|---|---|
| ROE (TTM) | 52.33% | 44.39% |
| ROA (TTM) | 20.34% | 7.13% |
| Net Margin (TTM) | 11.17% | 18.68% |
| Operating Margin (TTM) | 16.14% | 16.92% |
| Gross Margin (TTM) | 39.43% | 37.21% |
Growth
Revenue Growth
Both W.W. Grainger (GWW) at 4.51% 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
Both W.W. Grainger (GWW) at -8.55% and Honeywell (HON) at -8.27% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | GWW | HON |
|---|---|---|
| Revenue Growth (YoY) | 4.51% | 7.85% |
| Revenue Growth (3Y CAGR) | 5.62% | 1.82% |
| EPS Growth (YoY) | -8.55% | -8.27% |
| EPS Growth (3Y CAGR) | 5.60% | 3.20% |
Financial Strength
Current Ratio (MRQ)
W.W. Grainger (GWW) at 2.61 keeps current ratio within its industry’s typical mid-range, while Honeywell (HON) at 0.96 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HON.
GWW
Capital Goods industry group
2.61
- Max
- 5.22
- Q3
- 2.95
- GWW
- 2.61
- Median
- 2.08
- Q1
- 1.43
- 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 W.W. Grainger (GWW) at 0.65 and Honeywell (HON) at 0.76 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
GWW
Capital Goods industry group
0.65
- Max
- 2.33
- Q3
- 1.12
- GWW
- 0.65
- 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 | GWW | HON |
|---|---|---|
| Current Ratio (MRQ) | 2.61 | 0.96 |
| Debt / Equity (MRQ) | 0.65 | 0.76 |
| Net Debt / EBITDA | 0.69 | 1.23 |
Dividends
Dividend Yield (TTM)
W.W. Grainger (GWW) at 0.65% 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.
GWW
Capital Goods industry group
0.65%
- Max
- 2.66%
- Q3
- 1.14%
- GWW
- 0.65%
- 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)
W.W. Grainger (GWW) at 20.87% pays out a band-typical share of earnings, while Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.
GWW
Capital Goods industry group
20.87%
- Max
- 67.39%
- Q3
- 28.02%
- GWW
- 20.87%
- 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 | GWW | HON |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 3.63% |
| Dividend Payout Ratio (TTM) | 20.87% | 38.87% |
Valuation
P/E Ratio (TTM)
Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while W.W. Grainger (GWW) at 31.66 is closer to its industry’s usual earnings multiple — a discount for HON, though growth and earnings durability still matter.
GWW
Capital Goods industry group
31.66
- Max
- 59.38
- Q3
- 35.92
- GWW
- 31.66
- 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)
On P/S ratio, both W.W. Grainger (GWW) at 3.48 and Honeywell (HON) at 1.85 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
GWW
Capital Goods industry group
3.48
- Max
- 7.54
- Q3
- 3.76
- GWW
- 3.48
- 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 W.W. Grainger (GWW) at 15.56 prices above its benchmark range — GWW looks rich relative to book.
GWW
Capital Goods industry group
15.56
- GWW
- 15.56
- 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 | GWW | HON |
|---|---|---|
| P/E Ratio (TTM) | 31.66 | 10.91 |
| P/S Ratio (TTM) | 3.48 | 1.85 |
| P/B Ratio (MRQ) | 15.56 | 3.12 |
| Free Cash Flow Yield (TTM) | 1.97% | 10.07% |