HONA vs. PCAR: Honeywell Aerospace vs. PACCAR Stock Comparison

Company Profile

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

PACCAR (PCAR) has been public since March 17, 1980, 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. PACCAR (PCAR) has a non-negative beta of 0.94.

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Profitability

Capital efficiency shows on one side only: PACCAR (PCAR) earns 13.71% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.

Both Honeywell Aerospace (HONA) at 11.25% and PACCAR (PCAR) at 9.50% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Honeywell Aerospace (HONA) at 23.69% operates in the top operating margin quartile, ahead of PACCAR (PCAR) at 12.59%, which runs around its industry’s norm.

Profitability Metrics

Growth

Honeywell Aerospace (HONA) at 12.68% is around its peer norm for revenue growth, while PACCAR (PCAR) at -15.50% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Both Honeywell Aerospace (HONA) at -36.80% and PACCAR (PCAR) at -42.91% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Growth Metrics

Financial Strength

Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while PACCAR (PCAR) at 5.47 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: PACCAR (PCAR) carries debt-to-equity ratio of 0.72 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 PACCAR (PCAR) reports a yield of 1.30%, 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 PACCAR (PCAR) reports a payout of 25.95%, ranking against industry peers normally.

Dividend Metrics

Valuation

PACCAR (PCAR) at 19.46 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 PACCAR (PCAR) at 1.85 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 PACCAR (PCAR) reports 2.57, ranking against industry peers normally.

Valuation Metrics