HON vs. VRT: Honeywell vs. Vertiv Stock Comparison
How do Honeywell (HON) and Vertiv (VRT) 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 Vertiv (VRT) both fall under the Capital Goods industry group, but HON is classified in Industrial Conglomerates while VRT is classified in Electrical Equipment.
| Profile Item | HON | VRT |
|---|---|---|
| Name | Honeywell International Inc. | Vertiv Holdings Co Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Industrial Conglomerates | Electrical Equipment |
| GICS Sub-Industry | Industrial Conglomerates | Electrical Components & Equipment |
| Market Capitalization | 69.74 billion USD | 70.41 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | January 2, 1962 | August 2, 2018 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HON | VRT |
|---|---|---|
| Total Return (1Y) | 14.14% | 11.12% |
| Total Return (3Y, Annualized) | 9.90% | 71.14% |
| Total Return (5Y, Annualized) | 2.32% | 49.38% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Vertiv (VRT) carries a highly aggressive beta of 2.15, indicating much higher sensitivity to broad-market moves, whereas Honeywell (HON) is closer to market-like at 0.80 — a noticeable difference in market-sensitivity profile.
| Metric | HON | VRT |
|---|---|---|
| Volatility (1Y, Annualized) | 27.11% | 71.11% |
| Beta (5Y) | 0.80 | 2.15 |
| Max Drawdown (5Y) | -25.21% | -69.52% |
| Avg. Volume (3M) | 2.82M | 5.90M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | HON | VRT |
|---|---|---|
| Sharpe Ratio (1Y) | 0.36 | 0.10 |
| Sortino Ratio (1Y) | 0.52 | 0.14 |
Profitability
ROE (TTM)
Both Honeywell (HON) at 44.39% and Vertiv (VRT) at 46.57% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.
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%
VRT
Capital Goods industry group
46.57%
- VRT
- 46.57%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both Honeywell (HON) at 18.68% and Vertiv (VRT) at 16.00% 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%
VRT
Capital Goods industry group
16.00%
- Max
- 27.47%
- VRT
- 16.00%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Vertiv (VRT) at 23.77% 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%
VRT
Capital Goods industry group
23.77%
- Max
- 36.60%
- VRT
- 23.77%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | HON | VRT |
|---|---|---|
| ROE (TTM) | 44.39% | 46.57% |
| ROA (TTM) | 7.13% | 11.94% |
| Net Margin (TTM) | 18.68% | 16.00% |
| Operating Margin (TTM) | 16.92% | 23.77% |
| Gross Margin (TTM) | 37.21% | 38.12% |
Growth
Revenue Growth
Vertiv (VRT) at 27.69% sits in the top revenue growth quartile, while Honeywell (HON) at 7.85% is closer to the peer norm — faster top-line expansion for VRT.
EPS Growth
Vertiv (VRT) at 166.41% clears its industry range for EPS growth, a much stronger earnings trajectory than Honeywell (HON) at -8.27%, which is closer to a typical peer reading.
Growth Metrics
| Metric | HON | VRT |
|---|---|---|
| Revenue Growth (YoY) | 7.85% | 27.69% |
| Revenue Growth (3Y CAGR) | 1.82% | 21.59% |
| EPS Growth (YoY) | -8.27% | 166.41% |
| EPS Growth (3Y CAGR) | 3.20% | 340.11% |
Financial Strength
Current Ratio (MRQ)
Both Honeywell (HON) at 0.96 and Vertiv (VRT) at 1.39 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
VRT
Capital Goods industry group
1.39
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- VRT
- 1.39
- Min
- 0.36
Debt / Equity (MRQ)
Both Honeywell (HON) at 0.76 and Vertiv (VRT) at 0.61 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
VRT
Capital Goods industry group
0.61
- Max
- 2.33
- Q3
- 1.12
- VRT
- 0.61
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | HON | VRT |
|---|---|---|
| Current Ratio (MRQ) | 0.96 | 1.39 |
| Debt / Equity (MRQ) | 0.76 | 0.61 |
| Net Debt / EBITDA | 1.23 | -0.11 |
Dividends
Dividend Yield (TTM)
Vertiv (VRT) at 0.11% 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%
VRT
Capital Goods industry group
0.11%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- VRT
- 0.11%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Vertiv (VRT) at 4.67% 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%
VRT
Capital Goods industry group
4.67%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- VRT
- 4.67%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HON | VRT |
|---|---|---|
| Dividend Yield (TTM) | 3.63% | 0.11% |
| Dividend Payout Ratio (TTM) | 38.87% | 4.67% |
Valuation
P/E Ratio (TTM)
Honeywell (HON) at 10.91 sits in the cheaper P/E ratio quartile, while Vertiv (VRT) at 34.18 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
VRT
Capital Goods industry group
34.18
- Max
- 59.38
- Q3
- 35.92
- VRT
- 34.18
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Honeywell (HON) at 1.85 is priced about in line with its industry on P/S ratio, while Vertiv (VRT) at 5.37 sits in the pricier quartile — VRT 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
VRT
Capital Goods industry group
5.37
- Max
- 7.54
- VRT
- 5.37
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Honeywell (HON) at 3.12 sits near its industry’s typical P/B ratio, while Vertiv (VRT) at 12.80 prices above its benchmark range — VRT looks rich relative to book.
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
VRT
Capital Goods industry group
12.80
- VRT
- 12.80
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | HON | VRT |
|---|---|---|
| P/E Ratio (TTM) | 10.91 | 34.18 |
| P/S Ratio (TTM) | 1.85 | 5.37 |
| P/B Ratio (MRQ) | 3.12 | 12.80 |
| Free Cash Flow Yield (TTM) | 10.07% | 4.21% |