GWW vs. HONA: W.W. Grainger vs. Honeywell Aerospace Stock Comparison
How do W.W. Grainger (GWW) 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
W.W. Grainger (GWW) and Honeywell Aerospace (HONA) both fall under the Capital Goods industry group, but GWW is classified in Trading Companies & Distributors while HONA is classified in Aerospace & Defense.
W.W. Grainger (GWW) has been public since February 21, 1973, giving it decades of market history across multiple cycles, while Honeywell Aerospace (HONA) listed only on June 15, 2026 and lacks comparable through-cycle data.
| Profile Item | GWW | HONA |
|---|---|---|
| Name | W.W. Grainger Inc. | Honeywell Aerospace Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Trading Companies & Distributors | Aerospace & Defense |
| GICS Sub-Industry | Trading Companies & Distributors | Aerospace & Defense |
| Market Capitalization | 67.45 billion USD | 48.48 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | February 21, 1973 | June 15, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | GWW | HONA |
|---|---|---|
| Total Return (1Y) | 54.07% | -- |
| Total Return (3Y, Annualized) | 24.16% | -- |
| Total Return (5Y, Annualized) | 25.95% | -- |
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. W.W. Grainger (GWW) has a non-negative beta of 0.93.
| Metric | GWW | HONA |
|---|---|---|
| Volatility (1Y, Annualized) | 24.49% | 84.07% |
| Beta (5Y) | 0.93 | -5.78 |
| Max Drawdown (5Y) | -24.50% | -44.59% |
| Avg. Volume (3M) | 250.35K | 3.58M |
Risk-Adjusted Performance
Risk-Return Positioning
Both GWW and HONA need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | GWW | HONA |
|---|---|---|
| Sharpe Ratio (1Y) | 2.03 | -- |
| Sortino Ratio (1Y) | 3.31 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: W.W. Grainger (GWW) earns 52.33% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
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%
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 W.W. Grainger (GWW) at 11.17% 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.
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%
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 W.W. Grainger (GWW) at 16.14%, which runs around its industry’s norm.
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%
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 | GWW | HONA |
|---|---|---|
| ROE (TTM) | 52.33% | -- |
| ROA (TTM) | 20.34% | -- |
| Net Margin (TTM) | 11.17% | 11.25% |
| Operating Margin (TTM) | 16.14% | 23.69% |
| Gross Margin (TTM) | 39.43% | 34.64% |
Growth
Revenue Growth
Both W.W. Grainger (GWW) at 4.51% 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
W.W. Grainger (GWW) at -8.55% is around its peer norm for EPS growth, while Honeywell Aerospace (HONA) at -36.80% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | GWW | HONA |
|---|---|---|
| Revenue Growth (YoY) | 4.51% | 12.68% |
| Revenue Growth (3Y CAGR) | 5.62% | -- |
| EPS Growth (YoY) | -8.55% | -36.80% |
| EPS Growth (3Y CAGR) | 5.60% | -- |
Financial Strength
Current Ratio (MRQ)
Both W.W. Grainger (GWW) at 2.61 and Honeywell Aerospace (HONA) at 1.64 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
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: W.W. Grainger (GWW) carries debt-to-equity ratio of 0.65 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
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
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 | GWW | HONA |
|---|---|---|
| Current Ratio (MRQ) | 2.61 | 1.64 |
| Debt / Equity (MRQ) | 0.65 | -- |
| Net Debt / EBITDA | 0.69 | 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 W.W. Grainger (GWW) reports a yield of 0.65%, ranking against industry peers normally.
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%
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 W.W. Grainger (GWW) reports a payout of 20.87%, ranking against industry peers normally.
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%
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 | GWW | HONA |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 0.00% |
| Dividend Payout Ratio (TTM) | 20.87% | 0.00% |
Valuation
P/E Ratio (TTM)
W.W. Grainger (GWW) at 31.66 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.
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
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 W.W. Grainger (GWW) at 3.48 and Honeywell Aerospace (HONA) at 2.69 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
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 W.W. Grainger (GWW) reports 15.56, ranking against industry peers normally.
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
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 | GWW | HONA |
|---|---|---|
| P/E Ratio (TTM) | 31.66 | 43.32 |
| P/S Ratio (TTM) | 3.48 | 2.69 |
| P/B Ratio (MRQ) | 15.56 | -18.85 |
| Free Cash Flow Yield (TTM) | 1.97% | -- |