BLK vs HON: Which Is the Better Buy?

Side-by-side comparison of BlackRock, Inc. and Honeywell International Inc. β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-04-22.
BlackRock, Inc. Β· Financial Services
$1,042.85
+125.5% upside to fair value
Grade A High Quality
VS
Honeywell International Inc. Β· Industrials
$235.04
-9.9% upside to fair value
Med Conviction Grade B
QuantHub Verdict
BLK has more upside to fair value (+125.5%). HON trades at a lower forward P/E (22.3x). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric BLK HON
Current Price $1,042.85 $235.04
Fair Value Estimate $2,351.12 $211.73
Upside to Fair Value +125.5% -9.9%
Market Cap $162.2B $149.4B
Forward P/E 25.9x 22.3x
EV / EBITDA 16.9x 16.9x
Price / Sales 6.3x 4.0x
Price / FCF 45.2x 27.7x
Revenue Growth YoY +28.3% -2.7%
Gross Margin 59.1% 36.9%
Operating Margin 29.9% 17.7%
Return on Equity 12.0% 33.28%
Dividend Yield 0% 1.92%
FCF Yield 2.21% 3.61%
Analyst Consensus Strong Buy Buy
Investment Thesis
BLK β€” BlackRock, Inc.
BlackRock, Inc. is the world's largest asset manager with over $14 trillion in assets under management, operating primarily in financial services and asset management. The company benefits from a durable competitive moat driven by its scale, technology platform Aladdin, and founder-led management with CEO Laurence D. Fink at the helm since inception. BlackRock exhibits strong fundamentals includi…
HON β€” Honeywell International Inc.
Honeywell is a diversified industrial conglomerate in the final stages of a transformative three-way separation into Honeywell Aerospace, Solstice Advanced Materials, and a retained Automation entity, targeting Q3 2026 completion. The business generated 33% ROE and $5.4B in free cash flow on $37.4B revenue in FY2025, supported by a record $37B backlog with 23% organic order growth in Q4. At $235 …
Accumulation Zones
Metric BLK HON
Zone Low $1,763.34 $158.80
Zone High $1,998.45 $179.97
In Buy Zone? Yes No
← BLK Research    HON Research β†’    All Research