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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.

Company profile comparison for Honeywell Aerospace (HONA) and QXO (QXO)
Profile ItemHONAQXO
NameHoneywell Aerospace Inc.QXO Inc.
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryAerospace & DefenseTrading Companies & Distributors
GICS Sub-IndustryAerospace & DefenseTrading Companies & Distributors
Market Capitalization48.48 billion USD11.99 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 15, 2026April 17, 2012
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

HONA
QXO
GSPC
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Honeywell Aerospace (HONA) vs. QXO (QXO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Honeywell Aerospace (HONA) and QXO (QXO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Honeywell Aerospace (HONA) and QXO (QXO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
Total Return (1Y)---19.11%
Total Return (3Y, Annualized)---16.39%
Total Return (5Y, Annualized)---17.91%

Risk Profile

Drawdown History

HONA
QXO
GSPC
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Honeywell Aerospace (HONA) vs. QXO (QXO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Honeywell Aerospace (HONA) and QXO (QXO). Each bar is the share of months whose return fell in that 5% bucket.

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.

Risk profile metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
Volatility (1Y, Annualized)84.07%68.10%
Beta (5Y)-5.782.28
Max Drawdown (5Y)-44.59%-95.70%
Avg. Volume (3M)3.58M19.01M

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

Risk-adjusted metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
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%
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Honeywell Aerospace (HONA) vs. QXO (QXO): HONA does not report ROE, so it has no value marker; QXO is benchmarked against the Capital Goods industry group.

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%
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their net margin against the Capital Goods industry group benchmark.

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%
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
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.

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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their Revenue Growth across different time periods.

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.

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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
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
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their current ratio against the Capital Goods industry group benchmark.

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
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Honeywell Aerospace (HONA) vs. QXO (QXO): HONA does not report debt-to-equity ratio, so it has no value marker; QXO is benchmarked against the Capital Goods industry group.

Financial Strength Metrics

Financial strength metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
Current Ratio (MRQ)1.644.12
Debt / Equity (MRQ)--0.57
Net Debt / EBITDA3.437.20

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%
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their dividend yield against the Capital Goods industry group benchmark.

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%
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
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
--
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Honeywell Aerospace (HONA) vs. QXO (QXO): QXO does not report P/E ratio, so it has no value marker; HONA is benchmarked against the Capital Goods industry group.

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
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

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
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Honeywell Aerospace (HONA) vs. QXO (QXO): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Honeywell Aerospace (HONA) and QXO (QXO)
MetricHONAQXO
P/E Ratio (TTM)43.32--
P/S Ratio (TTM)2.691.21
P/B Ratio (MRQ)-18.850.90
Free Cash Flow Yield (TTM)---21.23%