HONA vs. QXO: Honeywell Aerospace vs. QXO Stock Comparison
How do Honeywell Aerospace (HONA) and QXO (QXO) 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 QXO (QXO) both fall under the Capital Goods industry group, but HONA is classified in Aerospace & Defense while QXO is classified in Trading Companies & Distributors.
QXO (QXO) has been public since April 17, 2012 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.
| Profile Item | HONA | QXO |
|---|---|---|
| Name | Honeywell Aerospace Inc. | QXO Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Aerospace & Defense | Trading Companies & Distributors |
| GICS Sub-Industry | Aerospace & Defense | Trading Companies & Distributors |
| Market Capitalization | 48.48 billion USD | 11.99 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 15, 2026 | April 17, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HONA | QXO |
|---|---|---|
| Total Return (1Y) | -- | -19.11% |
| Total Return (3Y, Annualized) | -- | -16.39% |
| Total Return (5Y, Annualized) | -- | -17.91% |
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. QXO (QXO) has a non-negative beta of 2.28.
| Metric | HONA | QXO |
|---|---|---|
| Volatility (1Y, Annualized) | 84.07% | 68.10% |
| Beta (5Y) | -5.78 | 2.28 |
| Max Drawdown (5Y) | -44.59% | -95.70% |
| Avg. Volume (3M) | 3.58M | 19.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Both HONA and QXO need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | HONA | QXO |
|---|---|---|
| Sharpe Ratio (1Y) | -- | -0.34 |
| Sortino Ratio (1Y) | -- | -0.55 |
Profitability
ROE (TTM)
Honeywell Aerospace (HONA) has no ROE value reported for this period; QXO (QXO) reports a negative figure of -4.60%, which needs context because negative ROE can reflect losses or negative shareholders’ equity.
HONA
Capital Goods industry group
--
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
- HONA
- --
QXO
Capital Goods industry group
-4.60%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- QXO
- -4.60%
- Min
- -17.12%
Net Margin (TTM)
QXO (QXO) reports a negative net margin of -5.17%, usually indicating a net loss over the period. Meanwhile Honeywell Aerospace (HONA) reports 11.25%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
-5.17%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- QXO
- -5.17%
- Min
- -12.89%
Operating Margin (TTM)
Honeywell Aerospace (HONA) at 23.69% carries a top-quartile operating margin, while QXO (QXO) at 1.29% operates in the bottom quartile.
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%
QXO
Capital Goods industry group
1.29%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- QXO
- 1.29%
- Min
- -12.63%
Profitability Metrics
| Metric | HONA | QXO |
|---|---|---|
| ROE (TTM) | -- | -4.60% |
| ROA (TTM) | -- | -0.27% |
| Net Margin (TTM) | 11.25% | -5.17% |
| Operating Margin (TTM) | 23.69% | 1.29% |
| Gross Margin (TTM) | 34.64% | 24.54% |
Growth
Revenue Growth
QXO (QXO) at 11,924.96% clears its industry range for revenue growth, far stronger top-line momentum than Honeywell Aerospace (HONA) at 12.68%, which is closer to a typical peer reading.
EPS Growth
Neither side shows strong earnings momentum: Honeywell Aerospace (HONA) at -36.80% sits in the bottom EPS growth quartile, and QXO (QXO) at -672.73% is weaker still, below its industry range.
Growth Metrics
| Metric | HONA | QXO |
|---|---|---|
| Revenue Growth (YoY) | 12.68% | 11,924.96% |
| Revenue Growth (3Y CAGR) | -- | 433.80% |
| EPS Growth (YoY) | -36.80% | -672.73% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while QXO (QXO) at 4.12 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
QXO
Capital Goods industry group
4.12
- Max
- 5.22
- QXO
- 4.12
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: QXO (QXO) carries debt-to-equity ratio of 0.57 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
- --
QXO
Capital Goods industry group
0.57
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- QXO
- 0.57
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | HONA | QXO |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 4.12 |
| Debt / Equity (MRQ) | -- | 0.57 |
| Net Debt / EBITDA | 3.43 | 7.20 |
Dividends
Dividend Yield (TTM)
Neither Honeywell Aerospace (HONA) nor QXO (QXO) 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%
QXO
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Honeywell Aerospace (HONA) nor QXO (QXO) 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%
QXO
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HONA | QXO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Honeywell Aerospace (HONA) trades at 43.32 times trailing earnings, ranked against its peers, while QXO (QXO) has no P/E ratio this period.
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
QXO
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- QXO
- --
P/S Ratio (TTM)
On P/S ratio, both Honeywell Aerospace (HONA) at 2.69 and QXO (QXO) at 1.21 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
QXO
Capital Goods industry group
1.21
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- QXO
- 1.21
- Q1
- 1.03
- 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 QXO (QXO) reports 0.90, 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
QXO
Capital Goods industry group
0.90
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- QXO
- 0.90
- Min
- -1.08
Valuation Metrics
| Metric | HONA | QXO |
|---|---|---|
| P/E Ratio (TTM) | 43.32 | -- |
| P/S Ratio (TTM) | 2.69 | 1.21 |
| P/B Ratio (MRQ) | -18.85 | 0.90 |
| Free Cash Flow Yield (TTM) | -- | -21.23% |