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 2026-06-20.
Honeywell International Inc. · Industrials
$229.01
-14.5% upside to fair value
Grade D
VS
RTX Corporation · Industrials
$185.60
-25.2% upside to fair value
Grade D
QuantHub Verdict
HON has more upside to fair value
(-14.5%).
HON trades at a lower forward P/E
(32.4x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
HON |
RTX |
| Current Price |
$229.01 |
$185.60 |
| Fair Value Estimate |
$195.88 |
$138.81 |
| Upside to Fair Value |
-14.5%
|
-25.2%
|
| Market Cap |
$145.1B |
$249.9B |
| Forward P/E |
32.4x
|
34.3x
|
| EV / EBITDA |
23.4x
|
18.3x
|
| Price / Sales |
4.0x
|
2.8x
|
| Price / FCF |
35.3x
|
29.9x
|
| Revenue Growth YoY |
-6.9%
|
+8.7%
|
| Gross Margin |
36.9%
|
20.2%
|
| Operating Margin |
14.9%
|
10.9%
|
| Return on Equity |
23.6%
|
11.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.83%
|
3.34%
|
| Analyst Consensus |
Strong Buy
|
Buy
|
Investment Thesis
Honeywell International Inc. operates as a diversified industrial conglomerate with leading market positions in aerospace, building automation, industrial automation, and energy solutions. The company benefits from a durable competitive moat with 20-40%+ market share in key niches such as avionics and aerospace systems. Despite strong free cash flow generation and a consistent dividend supported …
RTX Corporation is a leading aerospace and defense company with a strong competitive moat driven by scale and an installed base in commercial aerospace via Pratt & Whitney and Collins Aerospace, and defense through Raytheon. The company benefits from a large multi-year backlog of approximately $270 billion supporting steady cash flow and mid-single-digit organic growth. Despite solid revenue grow…
Accumulation Zones
| Metric |
HON |
RTX |
| Zone Low |
$146.91 |
$104.11 |
| Zone High |
$166.50 |
$117.99 |
| In Buy Zone? |
No
|
No
|