HONA vs. MLI: Honeywell Aerospace vs. Mueller Industries Stock Comparison

Company Profile

Honeywell Aerospace (HONA) and Mueller Industries (MLI) both fall under the Capital Goods industry group, but HONA is classified in Aerospace & Defense while MLI is classified in Machinery.

Mueller Industries (MLI) has been public since February 25, 1991, giving it decades of market history across multiple cycles, while Honeywell Aerospace (HONA) listed only on June 15, 2026 and lacks comparable through-cycle data.

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. Mueller Industries (MLI) has a non-negative beta of 1.01.

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Mueller Industries (MLI) earns 26.26% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.

Mueller Industries (MLI) at 17.27% 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 Mueller Industries (MLI) at 19.53% 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 Mueller Industries (MLI) at 10.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Mueller Industries (MLI) at 29.19% is around its peer norm for EPS growth, while Honeywell Aerospace (HONA) at -36.80% drops into the bottom quartile, signaling weaker earnings momentum.

Growth Metrics

Financial Strength

Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while Mueller Industries (MLI) at 4.39 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Only one side’s leverage can be read here: Mueller Industries (MLI) carries debt-to-equity ratio of 0.01 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 Mueller Industries (MLI) reports a yield of 1.24%, 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 Mueller Industries (MLI) reports a payout of 16.67%, ranking against industry peers normally.

Dividend Metrics

Valuation

Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while Honeywell Aerospace (HONA) at 43.32 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.

On P/S ratio, both Honeywell Aerospace (HONA) at 2.69 and Mueller Industries (MLI) at 2.31 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

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 Mueller Industries (MLI) reports 0.33, ranking against industry peers normally.

Valuation Metrics