HONA vs. WWD: Honeywell Aerospace vs. Woodward Stock Comparison
How do Honeywell Aerospace (HONA) and Woodward (WWD) 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 Woodward (WWD) are both classified in the Aerospace & Defense sub-industry within the broader Aerospace & Defense industry, placing them in the closest GICS peer bucket.
Woodward (WWD) has been public since April 4, 1994, 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.
| Profile Item | HONA | WWD |
|---|---|---|
| Name | Honeywell Aerospace Inc. | Woodward, 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 | 18.74 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | June 15, 2026 | April 4, 1994 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | HONA | WWD |
|---|---|---|
| Total Return (1Y) | -- | 25.66% |
| Total Return (3Y, Annualized) | -- | 36.83% |
| Total Return (5Y, Annualized) | -- | 23.54% |
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. Woodward (WWD) has a non-negative beta of 0.87.
| Metric | HONA | WWD |
|---|---|---|
| Volatility (1Y, Annualized) | 84.07% | 40.29% |
| Beta (5Y) | -5.78 | 0.87 |
| Max Drawdown (5Y) | -44.59% | -37.25% |
| Avg. Volume (3M) | 3.58M | 665.85K |
Risk-Adjusted Performance
Risk-Return Positioning
Both HONA and WWD need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | HONA | WWD |
|---|---|---|
| Sharpe Ratio (1Y) | -- | 0.53 |
| Sortino Ratio (1Y) | -- | 0.85 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Woodward (WWD) earns 22.34% 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
- --
WWD
Capital Goods industry group
22.34%
- Max
- 40.55%
- WWD
- 22.34%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Woodward (WWD) at 13.17% retains a top-quartile share of revenue as profit, ahead of Honeywell Aerospace (HONA) at 11.25%, which keeps about the industry-typical share.
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%
WWD
Capital Goods industry group
13.17%
- Max
- 27.47%
- WWD
- 13.17%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Honeywell Aerospace (HONA) at 23.69% operates in the top operating margin quartile, ahead of Woodward (WWD) at 17.76%, 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%
WWD
Capital Goods industry group
17.76%
- Max
- 36.60%
- Q3
- 18.33%
- WWD
- 17.76%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | HONA | WWD |
|---|---|---|
| ROE (TTM) | -- | 22.34% |
| ROA (TTM) | -- | 8.62% |
| Net Margin (TTM) | 11.25% | 13.17% |
| Operating Margin (TTM) | 23.69% | 17.76% |
| Gross Margin (TTM) | 34.64% | 29.63% |
Growth
Revenue Growth
Both Honeywell Aerospace (HONA) at 12.68% and Woodward (WWD) at 7.30% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Woodward (WWD) at 19.63% 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
| Metric | HONA | WWD |
|---|---|---|
| Revenue Growth (YoY) | 12.68% | 7.30% |
| Revenue Growth (3Y CAGR) | -- | 14.40% |
| EPS Growth (YoY) | -36.80% | 19.63% |
| EPS Growth (3Y CAGR) | -- | 38.44% |
Financial Strength
Current Ratio (MRQ)
Both Honeywell Aerospace (HONA) at 1.64 and Woodward (WWD) at 1.65 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
WWD
Capital Goods industry group
1.65
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- WWD
- 1.65
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Woodward (WWD) carries debt-to-equity ratio of 0.56 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
- --
WWD
Capital Goods industry group
0.56
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- WWD
- 0.56
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | HONA | WWD |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 1.65 |
| Debt / Equity (MRQ) | -- | 0.56 |
| Net Debt / EBITDA | 3.43 | 1.13 |
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 Woodward (WWD) reports a yield of 0.32%, 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%
WWD
Capital Goods industry group
0.32%
- Max
- 2.66%
- Q3
- 1.14%
- WWD
- 0.32%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
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 Woodward (WWD) reports a payout of 13.35%, 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%
WWD
Capital Goods industry group
13.35%
- Max
- 67.39%
- Q3
- 28.02%
- WWD
- 13.35%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | HONA | WWD |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.32% |
| Dividend Payout Ratio (TTM) | 0.00% | 13.35% |
Valuation
P/E Ratio (TTM)
Woodward (WWD) at 35.30 is near its industry’s usual P/E ratio, while Honeywell Aerospace (HONA) at 43.32 sits in the richer quartile — HONA needs stronger growth or earnings quality to justify the premium.
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
WWD
Capital Goods industry group
35.30
- Max
- 59.38
- Q3
- 35.92
- WWD
- 35.30
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Honeywell Aerospace (HONA) at 2.69 is priced about in line with its industry on P/S ratio, while Woodward (WWD) at 4.47 sits in the pricier quartile — WWD costs more per dollar of sales.
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
WWD
Capital Goods industry group
4.47
- Max
- 7.54
- WWD
- 4.47
- Q3
- 3.76
- Median
- 2.15
- 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 Woodward (WWD) reports 7.60, 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
WWD
Capital Goods industry group
7.60
- Max
- 9.66
- WWD
- 7.60
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | HONA | WWD |
|---|---|---|
| P/E Ratio (TTM) | 43.32 | 35.30 |
| P/S Ratio (TTM) | 2.69 | 4.47 |
| P/B Ratio (MRQ) | -18.85 | 7.60 |
| Free Cash Flow Yield (TTM) | -- | 1.00% |