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HON vs. ULS: A Head-to-Head Stock Comparison

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Here’s a clear look at HON and ULS, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolHONULS
Company NameHoneywell International Inc.UL Solutions Inc.
CountryUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS IndustryIndustrial ConglomeratesProfessional Services
Market Capitalization137.77 billion USD13.44 billion USD
ExchangeNasdaqGSNYSE
Listing DateJanuary 2, 1962April 12, 2024
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of HON and ULS by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

HON vs. ULS: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolHONULS
5-Day Price Return-0.55%0.09%
13-Week Price Return-3.53%-8.09%
26-Week Price Return5.71%16.65%
52-Week Price Return9.02%24.93%
Month-to-Date Return-2.41%-8.51%
Year-to-Date Return-3.94%34.12%
10-Day Avg. Volume3.26M1.15M
3-Month Avg. Volume3.67M0.90M
3-Month Volatility18.85%34.31%
Beta1.070.54

Profitability

Return on Equity (TTM)

HON

32.86%

Industrial Conglomerates Industry

Max
21.93%
Q3
14.23%
Median
7.81%
Q1
5.91%
Min
-3.58%

HON’s Return on Equity of 32.86% is exceptionally high, placing it well beyond the typical range for the Industrial Conglomerates industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

ULS

34.07%

Professional Services Industry

Max
52.17%
Q3
30.06%
Median
22.21%
Q1
11.67%
Min
-13.44%

In the upper quartile for the Professional Services industry, ULS’s Return on Equity of 34.07% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

HON vs. ULS: A comparison of their Return on Equity (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Net Profit Margin (TTM)

HON

14.30%

Industrial Conglomerates Industry

Max
18.70%
Q3
12.58%
Median
9.26%
Q1
3.87%
Min
-2.26%

A Net Profit Margin of 14.30% places HON in the upper quartile for the Industrial Conglomerates industry, signifying strong profitability and more effective cost management than most of its peers.

ULS

11.08%

Professional Services Industry

Max
26.06%
Q3
13.34%
Median
7.88%
Q1
3.50%
Min
-2.93%

ULS’s Net Profit Margin of 11.08% is aligned with the median group of its peers in the Professional Services industry. This indicates its ability to convert revenue into profit is typical for the sector.

HON vs. ULS: A comparison of their Net Profit Margin (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Operating Profit Margin (TTM)

HON

17.81%

Industrial Conglomerates Industry

Max
25.69%
Q3
17.03%
Median
12.85%
Q1
8.81%
Min
-0.73%

An Operating Profit Margin of 17.81% places HON in the upper quartile for the Industrial Conglomerates industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

ULS

16.71%

Professional Services Industry

Max
35.84%
Q3
19.38%
Median
12.54%
Q1
7.36%
Min
-5.21%

ULS’s Operating Profit Margin of 16.71% is around the midpoint for the Professional Services industry, indicating that its efficiency in managing core business operations is typical for the sector.

HON vs. ULS: A comparison of their Operating Profit Margin (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Profitability at a Glance

SymbolHONULS
Return on Equity (TTM)32.86%34.07%
Return on Assets (TTM)7.56%11.40%
Net Profit Margin (TTM)14.30%11.08%
Operating Profit Margin (TTM)17.81%16.71%
Gross Profit Margin (TTM)38.08%48.53%

Financial Strength

Current Ratio (MRQ)

HON

1.29

Industrial Conglomerates Industry

Max
2.19
Q3
1.64
Median
1.38
Q1
1.13
Min
0.61

HON’s Current Ratio of 1.29 aligns with the median group of the Industrial Conglomerates industry, indicating that its short-term liquidity is in line with its sector peers.

ULS

1.32

Professional Services Industry

Max
2.45
Q3
1.65
Median
1.26
Q1
1.10
Min
0.47

ULS’s Current Ratio of 1.32 aligns with the median group of the Professional Services industry, indicating that its short-term liquidity is in line with its sector peers.

HON vs. ULS: A comparison of their Current Ratio (MRQ) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Debt-to-Equity Ratio (MRQ)

HON

2.27

Industrial Conglomerates Industry

Max
2.27
Q3
1.47
Median
0.99
Q1
0.66
Min
0.21

HON’s leverage is in the upper quartile of the Industrial Conglomerates industry, with a Debt-to-Equity Ratio of 2.27. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

ULS

0.56

Professional Services Industry

Max
2.63
Q3
1.44
Median
0.91
Q1
0.49
Min
0.00

ULS’s Debt-to-Equity Ratio of 0.56 is typical for the Professional Services industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

HON vs. ULS: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Interest Coverage Ratio (TTM)

HON

7.76

Industrial Conglomerates Industry

Max
11.17
Q3
8.02
Median
5.88
Q1
2.73
Min
-2.15

HON’s Interest Coverage Ratio of 7.76 is positioned comfortably within the norm for the Industrial Conglomerates industry, indicating a standard and healthy capacity to cover its interest payments.

ULS

11.92

Professional Services Industry

Max
39.67
Q3
20.05
Median
11.07
Q1
5.36
Min
-2.22

ULS’s Interest Coverage Ratio of 11.92 is positioned comfortably within the norm for the Professional Services industry, indicating a standard and healthy capacity to cover its interest payments.

HON vs. ULS: A comparison of their Interest Coverage Ratio (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Financial Strength at a Glance

SymbolHONULS
Current Ratio (MRQ)1.291.32
Quick Ratio (MRQ)0.971.32
Debt-to-Equity Ratio (MRQ)2.270.56
Interest Coverage Ratio (TTM)7.7611.92

Growth

Revenue Growth

HON vs. ULS: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

HON vs. ULS: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

HON

2.13%

Industrial Conglomerates Industry

Max
10.17%
Q3
5.53%
Median
3.14%
Q1
1.88%
Min
0.00%

HON’s Dividend Yield of 2.13% is consistent with its peers in the Industrial Conglomerates industry, providing a dividend return that is standard for its sector.

ULS

0.76%

Professional Services Industry

Max
5.28%
Q3
2.51%
Median
1.63%
Q1
0.62%
Min
0.00%

ULS’s Dividend Yield of 0.76% is consistent with its peers in the Professional Services industry, providing a dividend return that is standard for its sector.

HON vs. ULS: A comparison of their Dividend Yield (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Dividend Payout Ratio (TTM)

HON

51.34%

Industrial Conglomerates Industry

Max
181.91%
Q3
95.57%
Median
50.60%
Q1
35.01%
Min
1.76%

HON’s Dividend Payout Ratio of 51.34% is within the typical range for the Industrial Conglomerates industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ULS

31.19%

Professional Services Industry

Max
109.23%
Q3
64.39%
Median
47.00%
Q1
20.35%
Min
0.00%

ULS’s Dividend Payout Ratio of 31.19% is within the typical range for the Professional Services industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

HON vs. ULS: A comparison of their Dividend Payout Ratio (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Dividend at a Glance

SymbolHONULS
Dividend Yield (TTM)2.13%0.76%
Dividend Payout Ratio (TTM)51.34%31.19%

Valuation

Price-to-Earnings Ratio (TTM)

HON

24.10

Industrial Conglomerates Industry

Max
36.98
Q3
22.09
Median
12.18
Q1
8.93
Min
5.63

A P/E Ratio of 24.10 places HON in the upper quartile for the Industrial Conglomerates industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

ULS

41.10

Professional Services Industry

Max
49.59
Q3
36.59
Median
28.13
Q1
18.55
Min
10.07

A P/E Ratio of 41.10 places ULS in the upper quartile for the Professional Services industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

HON vs. ULS: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Price-to-Sales Ratio (TTM)

HON

3.45

Industrial Conglomerates Industry

Max
3.60
Q3
2.10
Median
0.68
Q1
0.42
Min
0.11

HON’s P/S Ratio of 3.45 is in the upper echelon for the Industrial Conglomerates industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

ULS

4.55

Professional Services Industry

Max
9.54
Q3
5.11
Median
2.10
Q1
0.75
Min
0.11

ULS’s P/S Ratio of 4.55 aligns with the market consensus for the Professional Services industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

HON vs. ULS: A comparison of their Price-to-Sales Ratio (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Price-to-Book Ratio (MRQ)

HON

9.30

Industrial Conglomerates Industry

Max
4.89
Q3
2.51
Median
1.06
Q1
0.60
Min
0.27

At 9.30, HON’s P/B Ratio is at an extreme premium to the Industrial Conglomerates industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

ULS

13.37

Professional Services Industry

Max
13.75
Q3
8.87
Median
4.35
Q1
2.43
Min
0.54

ULS’s P/B Ratio of 13.37 is in the upper tier for the Professional Services industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

HON vs. ULS: A comparison of their Price-to-Book Ratio (MRQ) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Valuation at a Glance

SymbolHONULS
Price-to-Earnings Ratio (TTM)24.1041.10
Price-to-Sales Ratio (TTM)3.454.55
Price-to-Book Ratio (MRQ)9.3013.37
Price-to-Free Cash Flow Ratio (TTM)27.7336.92