HON vs. IR: Honeywell vs. Ingersoll Rand Stock Comparison

November 11, 2026

How do Honeywell (HON) and Ingersoll Rand (IR) 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

Honeywell (HON) and Ingersoll Rand (IR) both fall under the Capital Goods industry group, but HON is classified in Industrial Conglomerates while IR is classified in Machinery.

Company profile comparison for Honeywell (HON) and Ingersoll Rand (IR)
Profile Item	HON	IR
Name	Honeywell International Inc.	Ingersoll Rand Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Industrial Conglomerates	Machinery
GICS Sub-Industry	Industrial Conglomerates	Industrial Machinery & Supplies & Components
Market Capitalization	69.74 billion USD	31.87 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	January 2, 1962	May 12, 2017
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HON

GSPC

Honeywell (HON) vs. Ingersoll Rand (IR), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Honeywell (HON) and Ingersoll Rand (IR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Honeywell (HON) and Ingersoll Rand (IR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
Total Return (1Y)	14.14%	12.39%
Total Return (3Y, Annualized)	9.90%	9.19%
Total Return (5Y, Annualized)	2.32%	8.02%

Risk Profile

Drawdown History

HON

GSPC

Honeywell (HON) vs. Ingersoll Rand (IR), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Honeywell (HON) and Ingersoll Rand (IR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
Volatility (1Y, Annualized)	27.11%	34.08%
Beta (5Y)	0.80	1.12
Max Drawdown (5Y)	-25.21%	-36.62%
Avg. Volume (3M)	2.82M	4.27M

Risk-Adjusted Performance

Risk-Return Positioning

HON and IR are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
Sharpe Ratio (1Y)	0.36	0.24
Sortino Ratio (1Y)	0.52	0.37

Profitability

ROE (TTM)

Honeywell (HON) at 44.39% clears its industry range for ROE, a sharper capital-efficiency signal than Ingersoll Rand (IR) at 13.41%, which is closer to a typical peer reading.

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%

IR

Capital Goods industry group

13.41%

Max: 40.55%
Q3: 19.29%
IR: 13.41%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Honeywell (HON) at 18.68% and Ingersoll Rand (IR) at 17.20% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

IR

Capital Goods industry group

17.20%

Max: 27.47%
IR: 17.20%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Ingersoll Rand (IR) at 18.79% operates in the top operating margin quartile, ahead of Honeywell (HON) at 16.92%, which runs around its industry’s norm.

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%

IR

Capital Goods industry group

18.79%

Max: 36.60%
IR: 18.79%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
ROE (TTM)	44.39%	13.41%
ROA (TTM)	7.13%	4.98%
Net Margin (TTM)	18.68%	17.20%
Operating Margin (TTM)	16.92%	18.79%
Gross Margin (TTM)	37.21%	42.57%

Growth

Revenue Growth

Both Honeywell (HON) at 7.85% and Ingersoll Rand (IR) at 5.75% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Honeywell (HON) at -8.27% is around its peer norm for EPS growth, while Ingersoll Rand (IR) at -29.61% drops into the bottom quartile, signaling weaker earnings momentum.

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
Revenue Growth (YoY)	7.85%	5.75%
Revenue Growth (3Y CAGR)	1.82%	8.95%
EPS Growth (YoY)	-8.27%	-29.61%
EPS Growth (3Y CAGR)	3.20%	-0.46%

Financial Strength

Current Ratio (MRQ)

Ingersoll Rand (IR) at 1.69 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.

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

IR

Capital Goods industry group

1.69

Max: 5.22
Q3: 2.95
Median: 2.08
IR: 1.69
Q1: 1.43
Min: 0.36

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Honeywell (HON) at 0.76 and Ingersoll Rand (IR) at 0.46 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

IR

Capital Goods industry group

0.46

Max: 2.33
Q3: 1.12
Median: 0.60
IR: 0.46
Q1: 0.29
Min: 0.00

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
Current Ratio (MRQ)	0.96	1.69
Debt / Equity (MRQ)	0.76	0.46
Net Debt / EBITDA	1.23	1.76

Dividends

Dividend Yield (TTM)

Ingersoll Rand (IR) at 0.10% 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.

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%

IR

Capital Goods industry group

0.10%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
IR: 0.10%
Q1: 0.00%
Min: 0.00%

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Ingersoll Rand (IR) at 2.27% pays out a band-typical share of earnings, while Honeywell (HON) at 38.87% distributes more than its industry norm — less retained, thinner cover.

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%

IR

Capital Goods industry group

2.27%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
IR: 2.27%
Q1: 0.00%
Min: 0.00%

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
Dividend Yield (TTM)	3.63%	0.10%
Dividend Payout Ratio (TTM)	38.87%	2.27%

Valuation

P/E Ratio (TTM)

Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while Ingersoll Rand (IR) at 23.51 is closer to its industry’s usual earnings multiple — a discount for HON, though growth and earnings durability still matter.

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

IR

Capital Goods industry group

23.51

Max: 59.38
Q3: 35.92
Median: 25.41
IR: 23.51
Q1: 19.47
Min: 3.03

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Honeywell (HON) at 1.85 is priced about in line with its industry on P/S ratio, while Ingersoll Rand (IR) at 3.96 sits in the pricier quartile — IR costs more per dollar of sales.

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

IR

Capital Goods industry group

3.96

Max: 7.54
IR: 3.96
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Honeywell (HON) at 3.12 and Ingersoll Rand (IR) at 3.03 are valued close to their industries’ norm against book — neither stands out from peers.

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

IR

Capital Goods industry group

3.03

Max: 9.66
Q3: 5.00
Median: 3.12
IR: 3.03
Q1: 1.81
Min: -1.08

Honeywell (HON) vs. Ingersoll Rand (IR): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Honeywell (HON) and Ingersoll Rand (IR)
Metric	HON	IR
P/E Ratio (TTM)	10.91	23.51
P/S Ratio (TTM)	1.85	3.96
P/B Ratio (MRQ)	3.12	3.03
Free Cash Flow Yield (TTM)	10.07%	3.19%