HONA vs. TXT: Honeywell Aerospace vs. Textron Stock Comparison

November 11, 2026

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

Textron (TXT) has been public since February 21, 1973, 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.

Company profile comparison for Honeywell Aerospace (HONA) and Textron (TXT)
Profile Item	HONA	TXT
Name	Honeywell Aerospace Inc.	Textron Inc.
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Aerospace & Defense	Aerospace & Defense
GICS Sub-Industry	Aerospace & Defense	Aerospace & Defense
Market Capitalization	48.48 billion USD	14.15 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	June 15, 2026	February 21, 1973
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

HONA

TXT

GSPC

Honeywell Aerospace (HONA) vs. Textron (TXT), 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 Textron (TXT). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
Total Return (1Y)	--	3.94%
Total Return (3Y, Annualized)	--	4.49%
Total Return (5Y, Annualized)	--	2.30%

Risk Profile

Drawdown History

HONA

TXT

GSPC

Honeywell Aerospace (HONA) vs. Textron (TXT), 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 Textron (TXT). 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. Textron (TXT) has a non-negative beta of 0.87.

Risk profile metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
Volatility (1Y, Annualized)	84.07%	29.18%
Beta (5Y)	-5.78	0.87
Max Drawdown (5Y)	-44.59%	-37.33%
Avg. Volume (3M)	3.58M	1.72M

Risk-Adjusted Performance

Risk-Return Positioning

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

Risk-Adjusted Metrics

Risk-adjusted metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
Sharpe Ratio (1Y)	--	-0.01
Sortino Ratio (1Y)	--	-0.02

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Textron (TXT) earns 12.48% on shareholders’ equity, ranked against its industry; Honeywell Aerospace (HONA) has no ROE this period.

HONA

Capital Goods industry group

Max: 40.55%
Q3: 19.29%
Median: 12.12%
Q1: 4.08%
Min: -17.12%
HONA: --

TXT

Capital Goods industry group

12.48%

Max: 40.55%
Q3: 19.29%
TXT: 12.48%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Honeywell Aerospace (HONA) vs. Textron (TXT): HONA does not report ROE, so it has no value marker; TXT is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both Honeywell Aerospace (HONA) at 11.25% and Textron (TXT) at 6.30% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

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%

TXT

Capital Goods industry group

6.30%

Max: 27.47%
Q3: 12.10%
TXT: 6.30%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Honeywell Aerospace (HONA) at 23.69% operates in the top operating margin quartile, ahead of Textron (TXT) at 9.33%, which runs around its industry’s norm.

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%

TXT

Capital Goods industry group

9.33%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
TXT: 9.33%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
ROE (TTM)	--	12.48%
ROA (TTM)	--	4.51%
Net Margin (TTM)	11.25%	6.30%
Operating Margin (TTM)	23.69%	9.33%
Gross Margin (TTM)	34.64%	17.53%

Growth

Revenue Growth

Both Honeywell Aerospace (HONA) at 12.68% and Textron (TXT) at 8.01% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Textron (TXT) at 18.02% is around its peer norm for EPS growth, while Honeywell Aerospace (HONA) at -36.80% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
Revenue Growth (YoY)	12.68%	8.01%
Revenue Growth (3Y CAGR)	--	4.77%
EPS Growth (YoY)	-36.80%	18.02%
EPS Growth (3Y CAGR)	--	8.42%

Financial Strength

Current Ratio (MRQ)

Both Honeywell Aerospace (HONA) at 1.64 and Textron (TXT) at 1.80 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity 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

TXT

Capital Goods industry group

1.80

Max: 5.22
Q3: 2.95
Median: 2.08
TXT: 1.80
Q1: 1.43
Min: 0.36

Honeywell Aerospace (HONA) vs. Textron (TXT): 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: Textron (TXT) carries debt-to-equity ratio of 0.52 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: --

TXT

Capital Goods industry group

0.52

Max: 2.33
Q3: 1.12
Median: 0.60
TXT: 0.52
Q1: 0.29
Min: 0.00

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

Financial Strength Metrics

Financial strength metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
Current Ratio (MRQ)	1.64	1.80
Debt / Equity (MRQ)	--	0.52
Net Debt / EBITDA	3.43	1.54

Dividends

Dividend Yield (TTM)

Honeywell Aerospace (HONA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Textron (TXT) reports a yield of 0.09%, ranking against industry peers normally.

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%

TXT

Capital Goods industry group

0.09%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
TXT: 0.09%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Honeywell Aerospace (HONA) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Textron (TXT) reports a payout of 1.44%, ranking against industry peers normally.

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%

TXT

Capital Goods industry group

1.44%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
TXT: 1.44%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
Dividend Yield (TTM)	0.00%	0.09%
Dividend Payout Ratio (TTM)	0.00%	1.44%

Valuation

P/E Ratio (TTM)

Textron (TXT) at 15.03 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.

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

TXT

Capital Goods industry group

15.03

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
TXT: 15.03
Min: 3.03

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

P/S Ratio (TTM)

Textron (TXT) at 0.92 sits in the cheaper P/S ratio quartile while Honeywell Aerospace (HONA) at 2.69 prices around its industry’s middle — TXT costs less per dollar of sales, though read it alongside growth and margins.

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

TXT

Capital Goods industry group

0.92

Max: 7.54
Q3: 3.76
Median: 2.15
Q1: 1.03
TXT: 0.92
Min: 0.03

Honeywell Aerospace (HONA) vs. Textron (TXT): 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 Textron (TXT) reports 1.74, 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

TXT

Capital Goods industry group

1.74

Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
TXT: 1.74
Min: -1.08

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

Valuation Metrics

Valuation metrics for Honeywell Aerospace (HONA) and Textron (TXT)
Metric	HONA	TXT
P/E Ratio (TTM)	43.32	15.03
P/S Ratio (TTM)	2.69	0.92
P/B Ratio (MRQ)	-18.85	1.74
Free Cash Flow Yield (TTM)	--	5.35%