HON vs RTX: Which Is the Better Buy?

Side-by-side comparison of Honeywell International Inc. and RTX Corporation β€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-26.
Honeywell International Inc. Β· Industrials
$212.55
-8.5% upside to fair value
Med Conviction Grade C
VS
RTX Corporation Β· Industrials
$193.54
+33.0% upside to fair value
Med Conviction Grade B High Quality
QuantHub Verdict
RTX has more upside to fair value (+33.0%). These are model outputs β€” not personalized investment advice. See all research β†’
Valuation & Fundamentals
Metric HON RTX
Current Price $212.55 $193.54
Fair Value Estimate $194.50 $257.36
Upside to Fair Value -8.5% +33.0%
Market Cap $67.4B $260.9B
Forward P/E β€” β€”
EV / EBITDA 7.4x 18.1x
Price / Sales 1.9x 2.8x
Price / FCF 16.4x 21.7x
Revenue Growth YoY -6.1% +14.5%
Gross Margin 36.6% 20.3%
Operating Margin 14.1% 11.2%
Return on Equity 41.7% 11.8%
Dividend Yield 2.09% 1.46%
FCF Yield 6.11% 4.6%
Analyst Consensus Buy Buy
Investment Thesis
HON β€” Honeywell International Inc.
Honeywell International Inc. is a 101,000-employee diversified industrial technology and manufacturing conglomerate, led by CEO Vimal Kapur, spanning Aerospace, Building Technologies, Performance Materials and Technologies, and Safety and Productivity Solutions. Business quality is solid but not exceptional: the company carries a durable intangible-asset and switching-cost moat in aerospace avion…
RTX β€” RTX Corporation
RTX Corporation is a $260.85 billion aerospace and defense conglomerate operating three segments β€” Collins Aerospace, Pratt & Whitney, and Raytheon β€” serving commercial aviation, military, and government customers worldwide with 180,000 employees. The business quality is high: it holds intangible-asset and switching-cost advantages rooted in long-cycle engine programs, proprietary defense electro…
Accumulation Zones
Metric HON RTX
Zone Low $145.88 $193.02
Zone High $165.32 $218.76
In Buy Zone? No Yes
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