HON vs RTX
Honeywell International Inc. and RTX Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HON | RTX |
|---|---|---|
| Revenue | $37.4B | $88.6B |
| Net income | $4.7B | $6.7B |
| Gross margin | 36.9% | · |
| Net margin | 12.7% | 8.0% |
| Return on equity | 29.1% | 10.7% |
| Diluted EPS | $7.36 | $4.96 |
| Dividend / share | $4.58 | $2.67 |
| Payout ratio | 62.9% | 53.1% |
| Free cash flow | $5.4B | $7.9B |
| Equity | $13.9B | $65.2B |
| Net debt / equity | 1.61× | 0.41× |
| Current ratio | 1.30× | 1.03× |
| Revenue CAGR 5y | 2.8% | 9.4% |
| Profit CAGR 5y | −0.2% | · |
RTX bills 2.4× the revenue of HON, and HON keeps more of each dollar of revenue as profit (12.7% against 8.0%).
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 | HON | RTX |
|---|---|---|
| FY2025 | $37.4B | $88.6B |
| FY2024 | $34.7B | $80.7B |
| FY2023 | $33.0B | $68.9B |
| FY2022 | $35.5B | $67.1B |
| FY2021 | $34.4B | $64.4B |
| FY2020 | $32.6B | $56.6B |
| FY2019 | $36.7B | $45.3B |
| FY2018 | $41.8B | $34.7B |
| FY2017 | $40.5B | $59.8B |
| FY2016 | $39.3B | $57.2B |
Bottom line
| Fiscal year | HON | RTX |
|---|---|---|
| FY2025 | $4.7B | $6.7B |
| FY2024 | $5.7B | $4.8B |
| FY2023 | $5.7B | $3.2B |
| FY2022 | $5.0B | $5.2B |
| FY2021 | $5.5B | $3.9B |
| FY2020 | $4.8B | $-3.5B |
| FY2019 | $6.1B | $5.5B |
| FY2018 | $6.8B | $5.3B |
| FY2017 | $1.5B | $4.6B |
| FY2016 | $4.8B | $5.1B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$51,161,000,000 | RTX |
| FY2024 | −$46,021,000,000 | RTX |
| FY2023 | −$35,911,000,000 | RTX |
| FY2022 | −$31,608,000,000 | RTX |
| FY2021 | −$29,996,000,000 | RTX |
| FY2020 | −$23,950,000,000 | RTX |
| FY2019 | −$8,640,000,000 | RTX |
| FY2018 | +$7,101,000,000 | HON |
| FY2017 | −$19,303,000,000 | RTX |
| FY2016 | −$17,942,000,000 | RTX |
| FY2015 | −$17,517,000,000 | RTX |
| FY2014 | −$17,594,000,000 | RTX |
| FY2013 | −$17,545,000,000 | RTX |
| FY2012 | −$20,043,000,000 | RTX |
| FY2011 | −$19,225,000,000 | RTX |
| FY2010 | −$19,925,000,000 | RTX |
| FY2009 | −$22,474,000,000 | RTX |
| FY2008 | −$22,563,000,000 | RTX |
| FY2007 | −$21,127,000,000 | RTX |
The higher-revenue side has changed between HON and RTX over this period. 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 | +4.8 pp | HON |
| FY2024 | +10.3 pp | HON |
| FY2023 | +12.3 pp | HON |
| FY2022 | +6.1 pp | HON |
| FY2021 | +9.9 pp | HON |
| FY2020 | +20.7 pp | HON |
| FY2019 | +3.9 pp | HON |
| FY2018 | +0.0 pp | HON |
| FY2017 | −4.3 pp | RTX |
| FY2016 | +2.9 pp | HON |
| FY2015 | −1.6 pp | RTX |
| FY2014 | −0.7 pp | RTX |
| FY2013 | −0.6 pp | RTX |
| FY2012 | −1.7 pp | RTX |
| FY2011 | −4.0 pp | RTX |
| FY2010 | −2.7 pp | RTX |
| FY2009 | −2.7 pp | RTX |
| FY2008 | −6.3 pp | RTX |
| FY2007 | −1.1 pp | RTX |
The higher net margin has changed hands between HON and RTX over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HON's net margin has been more volatile than RTX's over the 19 comparable fiscal years — 4.8 percentage points of standard deviation against 4.4.
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 HON and RTX over these 19 fiscal years — HON led in 9 and RTX in 10.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
RTX's return on equity has been more volatile than HON's over the 19 comparable fiscal years — 8.1 percentage points of standard deviation against 7.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HON and RTX over these 19 fiscal years — HON led in 14 and RTX in 5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.