HON vs HEI vs BA Stock Comparison

Honeywell International, Heico and Boeing Prices as of Oct 29, 2026 Peers: Industry group
1 more company in this comparison (WWD) Create a free account to keep reading and compare up to 10 companies.
HEI Heico Corp
$326.41 +6.3% 1M +5.1% 1Y
Market cap
$45.60B
P/E
53.8x
Revenue (TTM)
$5.18B
Div. yield
0.08%
Commercial Aerospace Industrials
5 wins
BA Boeing Co
$172.72 -8.0% 1M -19.1% 1Y
Market cap
$136.87B
P/E
18.7x
Revenue (TTM)
$94.91B
Div. yield
–
Commercial Aerospace Industrials
2 wins

Head to Head

12 decided of 12

Honeywell International leads on 5 of the 12 questions below (Honeywell International 5, Heico 5, Boeing 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHONHEIBALeader
Larger companyMarket capitalisation $70.41B $45.60B $136.87B BA
Cheaper on earningsLower P/E, profitable companies only 10.0x 53.8x 18.7x HON
Cheaper on forward earningsLower price / next fiscal year consensus EPS 27.9x 53.7x — HON
Faster revenue growthRevenue growth, trailing twelve months — +20.7% +17.5% HEI
More profitableNet margin, trailing twelve months — 16.4% 7.7% HEI
Better return on capitalReturn on invested capital — 13.5% 18.2% BA
Less leveragedLower net debt / EBITDA — 1.6x 2.1x HEI
Higher dividend yieldTrailing dividend yield 3.53% 0.08% 0.00% HON
Better 1-year returnPrice return, last 12 months +10.7% +5.1% -19.1% HON
Better 5-year returnAnnualised price return, 5 years +1.5%/yr +18.6%/yr -3.6%/yr HEI
Less volatileAnnualised volatility, 1 year 25.4% 32.7% 36.1% HON
Higher overall scoreMean of the five percentile scores vs peers 65/100 65/100 56/100 HEI

Percentile Scorecard

HONHEIBA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHONHEIBA
Valuation 71 #30 of 100 32 #68 of 100 64 #37 of 100
Growth 23 #74 of 96 79 #21 of 96 83 #17 of 96
Profitability 68 #31 of 95 93 #8 of 95 64 #35 of 95
Financial Health – 58 #45 of 105 12 #93 of 105
Shareholder Returns 98 #2 of 65 66 #23 of 65 –
Overall 65 65 56
  • HON ranked among 107 companies in Aerospace and Defense
  • HEI ranked among 107 companies in Aerospace and Defense
  • BA ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHONHEIBASPY
1 month +5.7%+6.3%-8.0% +0.7%
3 months -8.2%-7.9%-21.8% +3.7%
6 months +3.6%+20.9%-24.6% +7.1%
Year to date +13.9%+0.9%-20.4% +12.8%
1 year +10.7%+5.1%-19.1% +11.9%
3 years +31.1%+108.1%-5.3% +85.2%
3 years, per year +9.5%+27.7%-1.8% +22.8%
5 years +7.8%+134.2%-16.6% +67.6%
5 years, per year +1.5%+18.6%-3.6% +10.9%
10 years +123.9%+845.6%+20.8% +262.0%
10 years, per year +8.4%+25.2%+1.9% +13.7%

Risk

MeasureHONHEIBASPY
Volatility, 1Y 25.4%32.7%36.1% 12.7%
Downside volatility, 1Y 24.3%31.4%36.0% 12.6%
Beta vs S&P 500, 1Y 0.761.131.17 1.00
Return / volatility, 1Y 0.420.16-0.53 0.94
Max drawdown, 5Y -26.7%-27.1%-50.3% -25.4%
From 52-week high -10.7%-12.9%-31.5% -1.2%
52-week high $248.79$374.67$252.15 $779.14
52-week low $188.14$260.99$167.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHONHEIBA
P/E now vs peer median 10.0xmedian 26.9x 53.8xmedian 26.9x 18.7xmedian 26.9x
P/S now vs peer median 1.7xmedian 3.0x 8.8xmedian 3.0x 1.4xmedian 3.0x
EV/EBITDA now vs peer median —median 15.0x 32.8xmedian 15.0x 13.5xmedian 15.0x
P/FCF now vs peer median 16.6xmedian 27.2x 44.3xmedian 27.2x 8,554xmedian 27.2x
P/B now vs peer median 3.1xmedian 2.5x 9.1xmedian 2.5x 20.9xmedian 2.5x
PEG now vs peer median 0.92median 0.93 1.93median 0.93 0.32median 0.93

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHONHEIBA
Revenue – $5.18B $94.91B
Gross profit – $2.09B $8.94B
Operating income – $1.24B $9.74B
Net income $7.07B $912.35M $7.66B
Free cash flow – $1.03B $16.00M
R&D – – $3.62B
EPS (diluted) $22.13 $6.00 $9.22
Cash & equivalents $5.69B $240.96M $9.50B
Total debt – $2.54B $45.92B
Shares (diluted) 318.60M 141.27M 792.90M
Enterprise value $70.41B $45.29B $45.85B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHONHEIBA
P/E 10.0x 53.8x 18.7x
P/FCF 16.6x 44.3x 8,554x
P/Operating cash flow 36.1x 41.0x 34.1x
P/S 1.7x 8.8x 1.4x
P/B 3.1x 9.1x 20.9x
P/Tangible book 4.1x 14.0x 25.9x
EV/EBITDA – 32.8x 13.5x
EV/EBIT – 38.5x 16.6x
EV/Revenue – 9.3x 1.7x
EV/FCF – 46.5x 10,130x
EV/Operating cash flow 36.1x 43.1x 40.4x
PEG (3Y EPS CAGR) 0.92 1.93 0.32

Growth

14 metrics
MetricHONHEIBA
Revenue growth (1Y) – 20.7% 17.5%
Revenue CAGR (3Y) – 25.1% 7.8%
Gross profit growth (1Y) – 23.4% 906.6%
Gross profit CAGR (3Y) – 26.7% 9.1%
Operating income growth (1Y) – 29.8% 217.8%
Operating income CAGR (3Y) – 28.8% 107.6%
Net income growth (1Y) 15.0% 31.5% 177.7%
Net income CAGR (3Y) 9.1% 27.4% 67.1%
EPS growth (1Y) 15.3% 31.8% 168.9%
EPS CAGR (3Y) 10.9% 27.9% 58.4%
Operating cash flow growth (1Y) -74.0% 31.6% 208.0%
Operating cash flow CAGR (3Y) -25.7% 35.7% -12.7%
Free cash flow growth (1Y) – 31.7% 100.3%
Free cash flow CAGR (3Y) – 36.8% -84.9%

Profitability

14 metrics
MetricHONHEIBA
Gross margin – 40.4% 9.4%
EBITDA margin – 28.2% 12.7%
Operating margin – 24.0% 10.3%
Pretax margin – 21.6% 8.3%
Net margin – 16.4% 7.7%
FCF margin – 19.9% 0.0%
Operating cash flow margin – 21.5% 4.2%
Return on equity 33.9% 18.5% 121.0%
Return on assets 10.8% 9.3% 4.6%
Return on invested capital – 13.5% 18.2%
Return on capital employed – 14.2% 17.9%
Asset turnover – 0.5x 0.6x
Cash conversion (OCF / net income) 0.3x 1.2x 0.5x
Stock comp / revenue – 1.0% 0.5%

Financial Health

11 metrics
MetricHONHEIBA
Debt / assets – 25.6% 26.9%
Debt / equity – 0.5x 7.0x
Net debt / EBITDA – 1.6x 2.1x
Debt / FCF – 2.5x 2,870x
Liabilities / assets – 49.4% 96.2%
Equity / assets 42.7% 50.6% 3.8%
Interest coverage – 9.4x 4.0x
Current ratio 1.0x 2.7x 1.1x
Quick ratio – 1.0x 0.3x
Cash ratio – 0.2x 0.2x
Altman Z-score – 7.31 1.49

Shareholder Returns

7 metrics
MetricHONHEIBA
Dividend yield 3.5% 0.1% –
Net buyback yield – 0.0% –
Shareholder yield 3.5% 0.1% 0.0%
Payout ratio (earnings) – 3.8% –
Payout ratio (FCF) – 3.4% –
Dividend growth (1Y) – 9.1% –
Dividend CAGR (3Y) – 8.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHONHEIBA
Forward P/E 27.9xFY2026 53.7xFY2026 –
EPS, next fiscal year $7.97FY2026 $6.08FY2026 $-0.99FY2026
EPS growth, next FY -22.2%FY2026 +24.1%FY2026 -183.2%FY2026
EPS growth, the year after +19.4% +20.6% –
Revenue, next fiscal year $20.59BFY2026 $5.68BFY2026 $91.05BFY2026
Revenue growth, next FY -45.0%FY2026 +26.6%FY2026 +1.8%FY2026
Revenue growth, the year after +3.9% +10.4% +18.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHONHEIBA
Held by institutions 76.8% 78.3% 75.6%
Institutions holding 2,171 773 2,628
Change in shares held, QoQ -0.9% +7.4% +2.3%
Institutions buying 2,110 371 1,328
Institutions selling 53 268 844
Buyers to sellers 39.81 1.38 1.57

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HONHEIBA
HON 1.00 0.38 0.34
HEI 0.38 1.00 0.40
BA 0.34 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HON, HEI and BA?

Boeing (BA) is the largest by market capitalisation: Honeywell International (HON) $70.41B, Heico (HEI) $45.60B, Boeing (BA) $136.87B.

Which stock is cheaper, HON, HEI and BA?

Honeywell International (HON) trades on the lowest price-to-earnings ratio (Honeywell International (HON) 10.0x, Heico (HEI) 53.8x, Boeing (BA) 18.7x). On next year's consensus earnings, Honeywell International (HON) is cheapest (Honeywell International (HON) 27.9x, Heico (HEI) 53.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Heico (HEI) grew revenue fastest over the trailing twelve months: Heico (HEI) +20.7%, Boeing (BA) +17.5%.

Which company is more profitable?

Heico (HEI) has the highest net margin (Heico (HEI) 16.4%, Boeing (BA) 7.7%). On return on invested capital, Boeing (BA) leads (Heico (HEI) 13.5%, Boeing (BA) 18.2%).

Which stock has performed better?

Over the past year Honeywell International (HON) returned the most: Honeywell International (HON) +10.7%, Heico (HEI) +5.1%, Boeing (BA) -19.1%. Over five years, Heico (HEI) compounded fastest (Honeywell International (HON) +1.5%/yr, Heico (HEI) +18.6%/yr, Boeing (BA) -3.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Honeywell International (HON) has the highest dividend yield: Honeywell International (HON) 3.53%, Heico (HEI) 0.08%, Boeing (BA) 0.00%. Boeing (BA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Honeywell International (HON) has been the steadiest (Honeywell International (HON) 25.4%, Heico (HEI) 32.7%, Boeing (BA) 36.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HON, HEI and BA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Honeywell International (HON) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.