HONA vs. TDG: Honeywell Aerospace vs. TransDigm Stock Comparison

Company Profile

Honeywell Aerospace (HONA) and TransDigm (TDG) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.

TransDigm (TDG) has been public since March 15, 2006, 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. TransDigm (TDG) has a non-negative beta of 0.94.

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Profitability

Neither Honeywell Aerospace (HONA) nor TransDigm (TDG) reports a ROE value for this period, so a direct comparison isn’t possible.

TransDigm (TDG) at 21.28% retains a top-quartile share of revenue as profit, ahead of Honeywell Aerospace (HONA) at 11.25%, which keeps about the industry-typical share.

TransDigm (TDG) at 46.01% shows unusually strong operating efficiency — above its industry’s operating margin range — and Honeywell Aerospace (HONA) at 23.69% also operates in the top quartile.

Profitability Metrics

Growth

Both Honeywell Aerospace (HONA) at 12.68% and TransDigm (TDG) at 11.22% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

TransDigm (TDG) at 25.21% 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

Honeywell Aerospace (HONA) at 1.64 keeps current ratio within its industry’s typical mid-range, while TransDigm (TDG) at 3.02 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

Neither Honeywell Aerospace (HONA) nor TransDigm (TDG) reports a debt-to-equity ratio value for this period, so a direct comparison isn’t possible.

Financial Strength Metrics

Dividends

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

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

Dividend Metrics

Valuation

Both Honeywell Aerospace (HONA) at 43.32 and TransDigm (TDG) at 36.31 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.

Honeywell Aerospace (HONA) at 2.69 is priced about in line with its industry on P/S ratio, while TransDigm (TDG) at 6.61 sits in the pricier quartile — TDG costs more per dollar of sales.

Both Honeywell Aerospace (HONA) at -18.85 and TransDigm (TDG) at -6.74 report negative P/B ratio values, meaning both companies have negative book equity — neither multiple is meaningful for valuation.

Valuation Metrics