HON vs. PCAR: Honeywell vs. PACCAR Stock Comparison

November 11, 2026

How do Honeywell (HON) and PACCAR (PCAR) 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 PACCAR (PCAR) both fall under the Capital Goods industry group, but HON is classified in Industrial Conglomerates while PCAR is classified in Machinery.

Company profile comparison for Honeywell (HON) and PACCAR (PCAR)
Profile Item	HON	PCAR
Name	Honeywell International Inc.	PACCAR 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	Construction Machinery & Heavy Transportation Equipment
Market Capitalization	69.74 billion USD	53.69 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	January 2, 1962	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HON

PCAR

GSPC

Honeywell (HON) vs. PACCAR (PCAR), 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 PACCAR (PCAR). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Honeywell (HON) and PACCAR (PCAR)
Metric	HON	PCAR
Total Return (1Y)	14.14%	9.49%
Total Return (3Y, Annualized)	9.90%	11.04%
Total Return (5Y, Annualized)	2.32%	16.64%

Risk Profile

Drawdown History

HON

PCAR

GSPC

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

Risk Metrics

Risk profile metrics for Honeywell (HON) and PACCAR (PCAR)
Metric	HON	PCAR
Volatility (1Y, Annualized)	27.11%	27.23%
Beta (5Y)	0.80	0.94
Max Drawdown (5Y)	-25.21%	-27.75%
Avg. Volume (3M)	2.82M	3.33M

Risk-Adjusted Performance

Risk-Return Positioning

HON and PCAR 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 PACCAR (PCAR)
Metric	HON	PCAR
Sharpe Ratio (1Y)	0.36	0.19
Sortino Ratio (1Y)	0.52	0.30

Profitability

ROE (TTM)

Honeywell (HON) at 44.39% clears its industry range for ROE, a sharper capital-efficiency signal than PACCAR (PCAR) at 13.71%, 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%

PCAR

Capital Goods industry group

13.71%

Max: 40.55%
Q3: 19.29%
PCAR: 13.71%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Honeywell (HON) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at 9.50%, 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%

PCAR

Capital Goods industry group

9.50%

Max: 27.47%
Q3: 12.10%
PCAR: 9.50%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Both Honeywell (HON) at 16.92% and PACCAR (PCAR) at 12.59% 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%

PCAR

Capital Goods industry group

12.59%

Max: 36.60%
Q3: 18.33%
PCAR: 12.59%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Honeywell (HON) and PACCAR (PCAR)
Metric	HON	PCAR
ROE (TTM)	44.39%	13.71%
ROA (TTM)	7.13%	4.53%
Net Margin (TTM)	18.68%	9.50%
Operating Margin (TTM)	16.92%	12.59%
Gross Margin (TTM)	37.21%	14.21%

Growth

Revenue Growth

Honeywell (HON) at 7.85% is around its peer norm for revenue growth, while PACCAR (PCAR) at -15.50% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Honeywell (HON) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at -42.91% drops into the bottom quartile, signaling weaker earnings momentum.

Honeywell (HON) vs. PACCAR (PCAR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Honeywell (HON) and PACCAR (PCAR)
Metric	HON	PCAR
Revenue Growth (YoY)	7.85%	-15.50%
Revenue Growth (3Y CAGR)	1.82%	-0.44%
EPS Growth (YoY)	-8.27%	-42.91%
EPS Growth (3Y CAGR)	3.20%	-7.80%

Financial Strength

Current Ratio (MRQ)

PACCAR (PCAR) at 5.47 carries current ratio above its industry’s typical mid-range, while Honeywell (HON) at 0.96 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

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

PCAR

Capital Goods industry group

5.47

PCAR: 5.47
Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both Honeywell (HON) at 0.76 and PACCAR (PCAR) at 0.72 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

PCAR

Capital Goods industry group

0.72

Max: 2.33
Q3: 1.12
PCAR: 0.72
Median: 0.60
Q1: 0.29
Min: 0.00

Honeywell (HON) vs. PACCAR (PCAR): 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 PACCAR (PCAR)
Metric	HON	PCAR
Current Ratio (MRQ)	0.96	5.47
Debt / Equity (MRQ)	0.76	0.72
Net Debt / EBITDA	1.23	1.62

Dividends

Dividend Yield (TTM)

PACCAR (PCAR) at 1.30% earns its spot in the top quartile of its industry’s yields; Honeywell (HON) at 3.63% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

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%

PCAR

Capital Goods industry group

1.30%

Max: 2.66%
PCAR: 1.30%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

PACCAR (PCAR) at 25.95% 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%

PCAR

Capital Goods industry group

25.95%

Max: 67.39%
Q3: 28.02%
PCAR: 25.95%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Honeywell (HON) and PACCAR (PCAR)
Metric	HON	PCAR
Dividend Yield (TTM)	3.63%	1.30%
Dividend Payout Ratio (TTM)	38.87%	25.95%

Valuation

P/E Ratio (TTM)

Both Honeywell (HON) at 10.91 and PACCAR (PCAR) at 19.46 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

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

PCAR

Capital Goods industry group

19.46

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
PCAR: 19.46
Min: 3.03

Honeywell (HON) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at 1.85 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

PCAR

Capital Goods industry group

1.85

Max: 7.54
Q3: 3.76
Median: 2.15
PCAR: 1.85
Q1: 1.03
Min: 0.03

Honeywell (HON) vs. PACCAR (PCAR): 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 PACCAR (PCAR) at 2.57 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

PCAR

Capital Goods industry group

2.57

Max: 9.66
Q3: 5.00
Median: 3.12
PCAR: 2.57
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Honeywell (HON) and PACCAR (PCAR)
Metric	HON	PCAR
P/E Ratio (TTM)	10.91	19.46
P/S Ratio (TTM)	1.85	1.85
P/B Ratio (MRQ)	3.12	2.57
Free Cash Flow Yield (TTM)	10.07%	3.23%