HONA vs. HWM: Honeywell Aerospace vs. Howmet Aerospace Stock Comparison

Company Profile

Honeywell Aerospace (HONA) and Howmet Aerospace (HWM) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.

Howmet Aerospace (HWM) has been public since November 1, 2016 with a meaningfully longer listed history, while Honeywell Aerospace (HONA) only listed on June 15, 2026 — long-window metrics on the HONA side should be interpreted with caution.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Honeywell Aerospace (HONA) reports a negative beta of -5.78, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Howmet Aerospace (HWM) has a non-negative beta of 1.27.

Risk-Adjusted Performance

Risk-Return Positioning

Both HONA and HWM need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Howmet Aerospace (HWM) earns 37.65% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.

Howmet Aerospace (HWM) at 21.10% retains a top-quartile share of revenue as profit, ahead of Honeywell Aerospace (HONA) at 11.25%, which keeps about the industry-typical share.

Both Honeywell Aerospace (HONA) at 23.69% and Howmet Aerospace (HWM) at 28.78% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Both Honeywell Aerospace (HONA) at 12.68% and Howmet Aerospace (HWM) at 11.06% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Howmet Aerospace (HWM) at 32.03% sits in the top EPS growth quartile, while Honeywell Aerospace (HONA) at -36.80% is in the bottom quartile, showing a clear gap in earnings momentum.

Growth Metrics

Financial Strength

Both Honeywell Aerospace (HONA) at 1.64 and Howmet Aerospace (HWM) at 1.86 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

Only one side’s leverage can be read here: Howmet Aerospace (HWM) carries debt-to-equity ratio of 0.80 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.

Financial Strength Metrics

Dividends

Honeywell Aerospace (HONA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Howmet Aerospace (HWM) reports a yield of 0.25%, ranking against industry peers normally.

Honeywell Aerospace (HONA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Howmet Aerospace (HWM) reports a payout of 9.80%, ranking against industry peers normally.

Dividend Metrics

Valuation

Both Honeywell Aerospace (HONA) at 43.32 and Howmet Aerospace (HWM) at 40.35 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

Honeywell Aerospace (HONA) at 2.69 prices around its industry’s typical P/S ratio, while Howmet Aerospace (HWM) at 8.41 clears its benchmark range — HWM looks notably rich on sales.

Honeywell Aerospace (HONA) reports a negative P/B ratio of -18.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Howmet Aerospace (HWM) reports 14.20, ranking against industry peers normally.

Valuation Metrics