Honeywell Aerospace (HONA) vs Northrop Grumman (NOC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Northrop Grumman is the larger company by market cap ($68.29 billion vs $50.06 billion), about 1.4 times the size. On valuation, Northrop Grumman trades at a lower forward P/E (15.8x vs 17.7x for Honeywell Aerospace). Northrop Grumman pays a dividend yielding 1.96%, while Honeywell Aerospace does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HONA | NOC |
|---|---|---|
| Share price | $157.94 | $480.72 |
| Market cap | $50.06B | $68.29B |
| 1-day change | +2.55% | -0.78% |
| YTD return | — | -15.03% |
| 1-year return | — | -24.06% |
| 5-year return | — | +22.54% |
| P/E ratio (TTM) | 48.15 | 15.40 |
| Forward P/E | 17.70 | 15.81 |
| EPS (TTM) | $3.28 | $31.22 |
| Dividend yield | 0.00% | 1.96% |
| Annual dividend | $0.00 | $9.40 |
| Revenue (latest FY) | — | $41.95B |
| Revenue growth (YoY) | — | +2.24% |
| Net income (latest FY) | — | $4.18B |
| Operating margin | — | 10.75% |
| Net margin | — | 9.97% |
| 52-week high | $297.50 | $774.00 |
| 52-week low | $149.19 | $470.06 |
| Distance from 52-week high | -46.91% | -37.89% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +28.80% | +31.89% |
| Average volume | 3.77M | 849.73K |
| Shares outstanding | 316.95M | 142.06M |
| Employees | 30,000 | 95,000 |
| Sector | Industrials | Industrials |
| Industry | Aerospace | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Honeywell Aerospace trades at a higher earnings multiple (48.2x vs 15.4x trailing P/E).
- Northrop Grumman offers a meaningfully higher dividend yield (1.96% vs 0.00%).
About Honeywell Aerospace
HONA stock →Honeywell Aerospace Inc. manufactures and supplies aircraft components, avionics, engines, and systems for airframe manufacturing, commercial airline, military and defense, business aviation, and space markets, as well as other markets in the aerospace industry.
Industrials · Aerospace · 30,000 employees
About Northrop Grumman
NOC stock →Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems.
Industrials · Industrial Machinery/Components · 95,000 employees
HONA vs NOC FAQ
Which is bigger, Honeywell Aerospace or Northrop Grumman?
Northrop Grumman (NOC) is larger, with a market capitalization of $68.29B compared with $50.06B for Honeywell Aerospace (HONA).
Which has the lower P/E ratio, HONA or NOC?
NOC has the lower trailing P/E at 15.4, versus 48.2 for HONA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Honeywell Aerospace or Northrop Grumman?
Northrop Grumman pays a dividend yielding 1.96%, while Honeywell Aerospace does not currently pay a regular dividend.
Are Honeywell Aerospace and Northrop Grumman in the same industry?
Both are in the Industrials sector, but in different industries: Aerospace for Honeywell Aerospace and Industrial Machinery/Components for Northrop Grumman.