HON vs RTX: Which Is the Better Buy?

Side-by-side comparison of Honeywell International Inc. and RTX Corporation — fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-05-04.
Honeywell International Inc. · Industrials
$213.17
-9.2% upside to fair value
Grade D
VS
RTX Corporation · Industrials
$172.90
-21.3% upside to fair value
Grade D
QuantHub Verdict
HON has more upside to fair value (-9.2%). RTX trades at a lower forward P/E (32.1x). These are model outputs — not personalized investment advice. See all research →
Valuation & Fundamentals
Metric HON RTX
Current Price $213.17 $172.90
Fair Value Estimate $193.51 $136.05
Upside to Fair Value -9.2% -21.3%
Market Cap $135.1B $232.8B
Forward P/E 33.0x 32.1x
EV / EBITDA 23.9x 19.2x
Price / Sales 3.7x 2.6x
Price / FCF 32.4x 27.9x
Revenue Growth YoY -6.9% +8.7%
Gross Margin 36.9% 20.2%
Operating Margin 14.9% 10.4%
Return on Equity 23.6% 11.2%
Dividend Yield 0% 0%
FCF Yield 3.09% 3.59%
Analyst Consensus Buy Buy
Investment Thesis
HON — Honeywell International Inc.
Honeywell International Inc. is a diversified industrial conglomerate operating across Aerospace Technologies, Building Automation, Process Automation and Technology, and Safety and Productivity Solutions. The company benefits from a strong leadership team with deep internal experience and a history of strategic acquisitions that have expanded its portfolio into high-growth areas such as aerospac…
RTX — RTX Corporation
RTX Corporation is a leading aerospace and defense company with a diversified portfolio spanning Pratt & Whitney jet engines, Collins Aerospace avionics, and Raytheon Intelligence & Space defense systems. The company benefits from a strong competitive moat supported by a $271 billion backlog and multi-year contracts, driving consistent revenue growth of 10% in 2025 and 9% in Q1 2026. Earnings gro…
Accumulation Zones
Metric HON RTX
Zone Low $145.13 $102.04
Zone High $164.48 $115.64
In Buy Zone? No No
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