BA vs HON
Boeing Co. and Honeywell International Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BA | HON |
|---|---|---|
| Revenue | $89.5B | $37.4B |
| Net income | $2.2B | $4.7B |
| Gross margin | 4.8% | 36.9% |
| Net margin | 2.5% | 12.7% |
| Return on equity | · | 29.1% |
| Diluted EPS | $2.48 | $7.36 |
| Dividend / share | · | $4.58 |
| Payout ratio | 14.8% | 62.9% |
| Free cash flow | $-1.9B | $5.4B |
| Equity | $5.5B | $13.9B |
| Net debt / equity | 9.42× | 1.61× |
| Current ratio | 1.19× | 1.30× |
| Revenue CAGR 5y | 9.0% | 2.8% |
| Profit CAGR 5y | · | −0.2% |
BA bills 2.4× the revenue of HON, and HON keeps more of each dollar of revenue as profit (12.7% against 2.5%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BA | HON |
|---|---|---|
| FY2025 | $89.5B | $37.4B |
| FY2024 | $66.5B | $34.7B |
| FY2023 | $77.8B | $33.0B |
| FY2022 | $66.6B | $35.5B |
| FY2021 | $62.3B | $34.4B |
| FY2020 | $58.2B | $32.6B |
| FY2019 | $76.6B | $36.7B |
| FY2018 | $101.1B | $41.8B |
| FY2017 | $94.0B | $40.5B |
| FY2016 | $93.5B | $39.3B |
Bottom line
| Fiscal year | BA | HON |
|---|---|---|
| FY2025 | $2.2B | $4.7B |
| FY2024 | $-11.8B | $5.7B |
| FY2023 | $-2.2B | $5.7B |
| FY2022 | $-4.9B | $5.0B |
| FY2021 | $-4.2B | $5.5B |
| FY2020 | $-11.9B | $4.8B |
| FY2019 | $-636.0M | $6.1B |
| FY2018 | $10.5B | $6.8B |
| FY2017 | $8.5B | $1.5B |
| FY2016 | $5.0B | $4.8B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$52,021,000,000 | BA |
| FY2024 | +$31,800,000,000 | BA |
| FY2023 | +$44,785,000,000 | BA |
| FY2022 | +$31,142,000,000 | BA |
| FY2021 | +$27,894,000,000 | BA |
| FY2020 | +$25,521,000,000 | BA |
| FY2019 | +$39,850,000,000 | BA |
| FY2018 | +$59,325,000,000 | BA |
| FY2017 | +$53,471,000,000 | BA |
| FY2016 | +$54,194,000,000 | BA |
| FY2015 | +$57,533,000,000 | BA |
| FY2014 | +$50,456,000,000 | BA |
| FY2013 | +$47,568,000,000 | BA |
| FY2012 | +$44,033,000,000 | BA |
| FY2011 | +$32,206,000,000 | BA |
| FY2010 | +$31,956,000,000 | BA |
| FY2009 | +$38,330,000,000 | BA |
| FY2008 | +$24,353,000,000 | BA |
| FY2007 | +$31,798,000,000 | BA |
BA has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −10.2 pp | HON |
| FY2024 | −34.3 pp | HON |
| FY2023 | −20.1 pp | HON |
| FY2022 | −21.6 pp | HON |
| FY2021 | −23.2 pp | HON |
| FY2020 | −35.4 pp | HON |
| FY2019 | −17.8 pp | HON |
| FY2018 | −6.0 pp | HON |
| FY2017 | +5.1 pp | BA |
| FY2016 | −7.0 pp | HON |
| FY2015 | −7.2 pp | HON |
| FY2014 | −4.7 pp | HON |
| FY2013 | −4.8 pp | HON |
| FY2012 | −3.0 pp | HON |
| FY2011 | +0.2 pp | BA |
| FY2010 | −1.1 pp | HON |
| FY2009 | −3.4 pp | HON |
| FY2008 | +2.1 pp | BA |
| FY2007 | −0.9 pp | HON |
The higher net margin has changed hands between BA and HON over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BA's net margin has been more volatile than HON's over the 19 comparable fiscal years — 8.3 percentage points of standard deviation against 4.8.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BA and HON over these 19 fiscal years — BA led in 3 and HON in 16.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BA's return on equity has been more volatile than HON's over the 8 comparable fiscal years — 199.0 percentage points of standard deviation against 5.6.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
BA led in return on equity in every one of the 8 comparable fiscal years — a structural lead, not a recent swing.
8 of 19 comparable fiscal years — a year missing data on either side is not counted.