HONA vs. NXT: Honeywell Aerospace vs. Nextracker Stock Comparison

Company Profile

Honeywell Aerospace (HONA) and Nextracker (NXT) both fall under the Capital Goods industry group, but HONA is classified in Aerospace & Defense while NXT is classified in Electrical Equipment.

Nextracker (NXT) has traded publicly since February 9, 2023, giving it several years of listed trading history, while Honeywell Aerospace (HONA) only listed on June 15, 2026 and has a limited public-market record.

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. Nextracker (NXT) has a non-negative beta of 1.66.

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: Nextracker (NXT) earns 26.46% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.

Nextracker (NXT) at 15.98% 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 Nextracker (NXT) at 20.06% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

Profitability Metrics

Growth

Nextracker (NXT) at 20.28% sits in the top revenue growth quartile, while Honeywell Aerospace (HONA) at 12.68% is closer to the peer norm — faster top-line expansion for NXT.

Nextracker (NXT) at 10.66% 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

Both Honeywell Aerospace (HONA) at 1.64 and Nextracker (NXT) at 2.23 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: Nextracker (NXT) carries debt-to-equity ratio of 0.02 against its industry range, while Honeywell Aerospace (HONA) reports no figure this period.

Financial Strength Metrics

Dividends

Neither Honeywell Aerospace (HONA) nor Nextracker (NXT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Neither Honeywell Aerospace (HONA) nor Nextracker (NXT) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

Dividend Metrics

Valuation

Nextracker (NXT) at 26.42 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.

Honeywell Aerospace (HONA) at 2.69 is priced about in line with its industry on P/S ratio, while Nextracker (NXT) at 4.17 sits in the pricier quartile — NXT costs more per dollar of 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 Nextracker (NXT) reports 5.98, ranking against industry peers normally.

Valuation Metrics