HON vs. JCI: Honeywell vs. Johnson Controls Stock Comparison

November 11, 2026

How do Honeywell (HON) and Johnson Controls (JCI) 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 Johnson Controls (JCI) both fall under the Capital Goods industry group, but HON is classified in Industrial Conglomerates while JCI is classified in Building Products.

Company profile comparison for Honeywell (HON) and Johnson Controls (JCI)
Profile Item	HON	JCI
Name	Honeywell International Inc.	Johnson Controls International plc
Country/Region	United States	Ireland
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Industrial Conglomerates	Building Products
GICS Sub-Industry	Industrial Conglomerates	Building Products
Market Capitalization	69.74 billion USD	81.79 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	January 2, 1962	September 28, 1987
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HON

JCI

GSPC

Honeywell (HON) vs. Johnson Controls (JCI), 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 Johnson Controls (JCI). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Honeywell (HON) and Johnson Controls (JCI). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Honeywell (HON) and Johnson Controls (JCI)
Metric	HON	JCI
Total Return (1Y)	14.14%	17.11%
Total Return (3Y, Annualized)	9.90%	43.46%
Total Return (5Y, Annualized)	2.32%	15.29%

Risk Profile

Drawdown History

HON

JCI

GSPC

Honeywell (HON) vs. Johnson Controls (JCI), 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 Johnson Controls (JCI). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Honeywell (HON) and Johnson Controls (JCI)
Metric	HON	JCI
Volatility (1Y, Annualized)	27.11%	32.91%
Beta (5Y)	0.80	1.29
Max Drawdown (5Y)	-25.21%	-42.32%
Avg. Volume (3M)	2.82M	3.57M

Risk-Adjusted Performance

Risk-Return Positioning

HON and JCI 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 Johnson Controls (JCI)
Metric	HON	JCI
Sharpe Ratio (1Y)	0.36	0.39
Sortino Ratio (1Y)	0.52	0.54

Profitability

ROE (TTM)

Both companies show strong equity returns, but Honeywell (HON) at 44.39% is the standout with ROE above its industry range; Johnson Controls (JCI) at 21.73% also sits in the top quartile.

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%

JCI

Capital Goods industry group

21.73%

Max: 40.55%
JCI: 21.73%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Honeywell (HON) at 18.68% retains a top-quartile share of revenue as profit, ahead of Johnson Controls (JCI) at 11.12%, which keeps about the industry-typical share.

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%

JCI

Capital Goods industry group

11.12%

Max: 27.47%
Q3: 12.10%
JCI: 11.12%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Honeywell (HON) at 16.92% and Johnson Controls (JCI) at 17.21% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

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%

JCI

Capital Goods industry group

17.21%

Max: 36.60%
Q3: 18.33%
JCI: 17.21%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Honeywell (HON) and Johnson Controls (JCI)
Metric	HON	JCI
ROE (TTM)	44.39%	21.73%
ROA (TTM)	7.13%	6.41%
Net Margin (TTM)	18.68%	11.12%
Operating Margin (TTM)	16.92%	17.21%
Gross Margin (TTM)	37.21%	37.07%

Growth

Revenue Growth

Both Honeywell (HON) at 7.85% and Johnson Controls (JCI) at 2.81% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their Revenue Growth across different time periods.

EPS Growth

Johnson Controls (JCI) at 99.60% sits in the top EPS growth quartile, while Honeywell (HON) at -8.27% is closer to the peer norm — faster per-share earnings growth for JCI.

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Honeywell (HON) and Johnson Controls (JCI)
Metric	HON	JCI
Revenue Growth (YoY)	7.85%	2.81%
Revenue Growth (3Y CAGR)	1.82%	4.57%
EPS Growth (YoY)	-8.27%	99.60%
EPS Growth (3Y CAGR)	3.20%	31.94%

Financial Strength

Current Ratio (MRQ)

Both Honeywell (HON) at 0.96 and Johnson Controls (JCI) at 0.90 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

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

JCI

Capital Goods industry group

0.90

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
JCI: 0.90
Min: 0.36

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Both Honeywell (HON) at 0.76 and Johnson Controls (JCI) at 0.68 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

JCI

Capital Goods industry group

0.68

Max: 2.33
Q3: 1.12
JCI: 0.68
Median: 0.60
Q1: 0.29
Min: 0.00

Honeywell (HON) vs. Johnson Controls (JCI): 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 Johnson Controls (JCI)
Metric	HON	JCI
Current Ratio (MRQ)	0.96	0.90
Debt / Equity (MRQ)	0.76	0.68
Net Debt / EBITDA	1.23	1.86

Dividends

Dividend Yield (TTM)

Johnson Controls (JCI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Honeywell (HON) reports a yield of 3.63%, ranking against industry peers normally.

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%

JCI

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
JCI: 0.00%
Q1: 0.00%
Min: 0.00%

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both Honeywell (HON) at 38.87% and Johnson Controls (JCI) at 45.20% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

JCI

Capital Goods industry group

45.20%

Max: 67.39%
JCI: 45.20%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Honeywell (HON) and Johnson Controls (JCI)
Metric	HON	JCI
Dividend Yield (TTM)	3.63%	0.00%
Dividend Payout Ratio (TTM)	38.87%	45.20%

Valuation

P/E Ratio (TTM)

Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while Johnson Controls (JCI) at 28.61 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

JCI

Capital Goods industry group

28.61

Max: 59.38
Q3: 35.92
JCI: 28.61
Median: 25.41
Q1: 19.47
Min: 3.03

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Honeywell (HON) at 1.85 and Johnson Controls (JCI) at 3.19 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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

JCI

Capital Goods industry group

3.19

Max: 7.54
Q3: 3.76
JCI: 3.19
Median: 2.15
Q1: 1.03
Min: 0.03

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Honeywell (HON) at 3.12 is valued about in line with its industry on P/B ratio, while Johnson Controls (JCI) at 5.99 carries an above-peer premium to book — JCI is pricier on assets.

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

JCI

Capital Goods industry group

5.99

Max: 9.66
JCI: 5.99
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Honeywell (HON) vs. Johnson Controls (JCI): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Honeywell (HON) and Johnson Controls (JCI)
Metric	HON	JCI
P/E Ratio (TTM)	10.91	28.61
P/S Ratio (TTM)	1.85	3.19
P/B Ratio (MRQ)	3.12	5.99
Free Cash Flow Yield (TTM)	10.07%	3.81%