HONA vs. MTZ: Honeywell Aerospace vs. MasTec Stock Comparison
How do Honeywell Aerospace (HONA) and MasTec (MTZ) 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 Aerospace (HONA) and MasTec (MTZ) both fall under the Capital Goods industry group, but HONA is classified in Aerospace & Defense while MTZ is classified in Construction & Engineering.
MasTec (MTZ) has been public since February 21, 1973, 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.
| Profile Item | HONA | MTZ |
|---|---|---|
| Name | Honeywell Aerospace Inc. | MasTec, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Construction & Engineering |
| GICS Sub-Industry | Aerospace & Defense | Construction & Engineering |
| Market Capitalization | 48.48 billion USD | 13.98 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 15, 2026 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HONA | MTZ |
|---|---|---|
| Total Return (1Y) | -- | -7.45% |
| Total Return (3Y, Annualized) | -- | 57.37% |
| Total Return (5Y, Annualized) | -- | 13.96% |
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. MasTec (MTZ) has a non-negative beta of 1.91.
| Metric | HONA | MTZ |
|---|---|---|
| Volatility (1Y, Annualized) | 84.07% | 55.99% |
| Beta (5Y) | -5.78 | 1.91 |
| Max Drawdown (5Y) | -44.59% | -63.67% |
| Avg. Volume (3M) | 3.58M | 1.63M |
Risk-Adjusted Performance
Risk-Return Positioning
Both HONA and MTZ need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | HONA | MTZ |
|---|---|---|
| Sharpe Ratio (1Y) | -- | -0.21 |
| Sortino Ratio (1Y) | -- | -0.28 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: MasTec (MTZ) earns 14.53% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.
HONA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- HONA
- --
MTZ
Capital Goods industry group
14.53%
- Max
- 40.55%
- Q3
- 19.29%
- MTZ
- 14.53%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Both Honeywell Aerospace (HONA) at 11.25% and MasTec (MTZ) at 2.80% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
HONA
Capital Goods industry group
11.25%
- Max
- 27.47%
- Q3
- 12.10%
- HONA
- 11.25%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MTZ
Capital Goods industry group
2.80%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- MTZ
- 2.80%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Honeywell Aerospace (HONA) at 23.69% operates in the top operating margin quartile, ahead of MasTec (MTZ) at 5.64%, which runs around its industry’s norm.
HONA
Capital Goods industry group
23.69%
- Max
- 36.60%
- HONA
- 23.69%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MTZ
Capital Goods industry group
5.64%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- MTZ
- 5.64%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | HONA | MTZ |
|---|---|---|
| ROE (TTM) | -- | 14.53% |
| ROA (TTM) | -- | 4.43% |
| Net Margin (TTM) | 11.25% | 2.80% |
| Operating Margin (TTM) | 23.69% | 5.64% |
| Gross Margin (TTM) | 34.64% | 12.74% |
Growth
Revenue Growth
Both Honeywell Aerospace (HONA) at 12.68% and MasTec (MTZ) at 16.22% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
MasTec (MTZ) at 146.12% delivers above-range EPS growth, while Honeywell Aerospace (HONA) at -36.80% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | HONA | MTZ |
|---|---|---|
| Revenue Growth (YoY) | 12.68% | 16.22% |
| Revenue Growth (3Y CAGR) | -- | 13.51% |
| EPS Growth (YoY) | -36.80% | 146.12% |
| EPS Growth (3Y CAGR) | -- | 129.40% |
Financial Strength
Current Ratio (MRQ)
Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while MasTec (MTZ) at 1.39 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MTZ.
HONA
Capital Goods industry group
1.64
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- HONA
- 1.64
- Q1
- 1.43
- Min
- 0.36
MTZ
Capital Goods industry group
1.39
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- MTZ
- 1.39
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: MasTec (MTZ) carries debt-to-equity ratio of 1.12 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.
HONA
Capital Goods industry group
--
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
- HONA
- --
MTZ
Capital Goods industry group
1.12
- Max
- 2.33
- MTZ
- 1.12
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | HONA | MTZ |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 1.39 |
| Debt / Equity (MRQ) | -- | 1.12 |
| Net Debt / EBITDA | 3.43 | 3.08 |
Dividends
Dividend Yield (TTM)
Neither Honeywell Aerospace (HONA) nor MasTec (MTZ) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
HONA
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MTZ
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- MTZ
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Honeywell Aerospace (HONA) nor MasTec (MTZ) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
HONA
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- HONA
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
MTZ
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- MTZ
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HONA | MTZ |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
MasTec (MTZ) at 28.40 is near its industry’s usual P/E ratio, while Honeywell Aerospace (HONA) at 43.32 sits in the richer quartile — HONA needs stronger growth or earnings quality to justify the premium.
HONA
Capital Goods industry group
43.32
- Max
- 59.38
- HONA
- 43.32
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
MTZ
Capital Goods industry group
28.40
- Max
- 59.38
- Q3
- 35.92
- MTZ
- 28.40
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
MasTec (MTZ) at 0.81 sits in the cheaper P/S ratio quartile while Honeywell Aerospace (HONA) at 2.69 prices around its industry’s middle — MTZ costs less per dollar of sales, though read it alongside growth and margins.
HONA
Capital Goods industry group
2.69
- Max
- 7.54
- Q3
- 3.76
- HONA
- 2.69
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MTZ
Capital Goods industry group
0.81
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- MTZ
- 0.81
- Min
- 0.03
P/B Ratio (MRQ)
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 MasTec (MTZ) reports 3.35, ranking against industry peers normally.
HONA
Capital Goods industry group
-18.85
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
- HONA
- -18.85
MTZ
Capital Goods industry group
3.35
- Max
- 9.66
- Q3
- 5.00
- MTZ
- 3.35
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | HONA | MTZ |
|---|---|---|
| P/E Ratio (TTM) | 43.32 | 28.40 |
| P/S Ratio (TTM) | 2.69 | 0.81 |
| P/B Ratio (MRQ) | -18.85 | 3.35 |
| Free Cash Flow Yield (TTM) | -- | 1.00% |