ALG vs. HON
ALG (Alamo Group Inc.) and HON (Honeywell International Inc) are both stocks. Both are in the Industrials sector — ALG in Farm & Heavy Construction Machinery, HON in Conglomerates. Over the past 10 years, ALG returned 9.76%/yr vs 10.58%/yr for HON. Their 0.31 correlation means their historical movements had little consistent relationship.
Performance
ALG vs. HON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ALG achieves a -4.69% return, which is significantly lower than HON's 20.04% return. Over the past 10 years, ALG has underperformed HON with an annualized return of 9.76%, while HON has yielded a comparatively higher 10.58% annualized return.
ALG
- 1D
- 0.79%
- 1M
- -6.37%
- 6M
- -18.22%
- YTD
- -4.69%
- 1Y
- -25.67%
- 3Y*
- -6.09%
- 5Y*
- 2.22%
- 10Y*
- 9.76%
- ALL TIME*
- 9.53%
HON
- 1D
- 0.47%
- 1M
- 5.74%
- 6M
- 2.93%
- YTD
- 20.04%
- 1Y
- 15.41%
- 3Y*
- 10.67%
- 5Y*
- 3.13%
- 10Y*
- 10.58%
- ALL TIME*
- 8.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.10M | $21.10M | $28.81M | |
| $850.73M | $856.03M | $1.07B |
ALG vs. HON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | -4.69% | -9.12% | -11.07% | 49.19% | -3.27% | 7.09% | 10.41% | 63.18% | -31.19% | 49.01% |
HON Honeywell International Inc | 20.04% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
Correlation
The correlation between ALG and HON is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (3Y) Balances recent behavior with more history. | 0.44 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.49 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 1993 | 0.31 |
The correlation between ALG and HON shifts across timeframes, from 0.31 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ALG:
$1.94B
HON:
$77.03B
ALG:
$8.37
HON:
$25.73
ALG:
19.01
HON:
9.45
ALG:
1.18
HON:
2.15
ALG:
1.64
HON:
3.07
ALG:
$1.63B
HON:
$36.13B
ALG:
$399.78M
HON:
$13.21B
ALG:
$232.00M
HON:
$12.55B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ALG vs. HON — Risk / Return Rank
ALG
HON
ALG vs. HON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alamo Group Inc. (ALG) and Honeywell International Inc (HON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALG | HON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.38 | ||
| Sortino ratioReturn per unit of downside risk | -2.04 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.11 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 0.79 | -1.56 |
| Martin ratioReturn relative to average drawdown | -1.17 | 1.73 | -2.89 |
Loading charts...
Drawdowns
ALG vs. HON - Drawdown Comparison
The maximum ALG drawdown since its inception was -69.23%, roughly equal to the maximum HON drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for ALG and HON.
Loading charts...
Drawdown Indicators
| ALG | HON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.23% | -70.09% | +0.86% |
Max Drawdown (1Y)Largest decline over 1 year | -36.30% | -16.54% | -19.76% |
Max Drawdown (3Y)Largest decline over 3 years | -36.30% | -22.10% | -14.20% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | -27.13% | -9.17% |
Max Drawdown (10Y)Largest decline over 10 years | -42.47% | -43.01% | +0.54% |
Current DrawdownCurrent decline from peak | -31.04% | -6.05% | -24.99% |
Average DrawdownAverage peak-to-trough decline | -19.68% | -20.25% | +0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.04% | 7.56% | +16.48% |
Volatility
ALG vs. HON - Volatility Comparison
The current volatility for Alamo Group Inc. (ALG) is 7.47%, while Honeywell International Inc (HON) has a volatility of 8.90%. This indicates that ALG experiences smaller price fluctuations and is considered to be less risky than HON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ALG | HON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.47% | 8.90% | -1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 27.15% | 20.82% | +6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.35% | 25.83% | +6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.53% | 22.39% | +7.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.15% | 23.88% | +7.27% |
Dividends
ALG vs. HON - Dividend Comparison
ALG's dividend yield for the trailing twelve months is around 0.83%, less than HON's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALG Alamo Group Inc. | 0.83% | 0.71% | 0.56% | 0.42% | 0.51% | 0.38% | 0.38% | 0.38% | 0.57% | 0.35% | 0.47% | 0.61% |
HON Honeywell International Inc | 2.00% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
Financials
ALG vs. HON - Financials Comparison
This section allows you to compare key financial metrics between Alamo Group Inc. and Honeywell International Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALG vs. HON - Profitability Comparison
ALG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Alamo Group Inc. reported a gross profit of 104.81M and revenue of 417.15M. Therefore, the gross margin over that period was 25.1%.
HON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Honeywell International Inc reported a gross profit of 3.65B and revenue of 9.72B. Therefore, the gross margin over that period was 37.6%.
ALG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Alamo Group Inc. reported an operating income of 42.16M and revenue of 417.15M, resulting in an operating margin of 10.1%.
HON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Honeywell International Inc reported an operating income of 1.74B and revenue of 9.72B, resulting in an operating margin of 17.9%.
ALG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Alamo Group Inc. reported a net income of 29.18M and revenue of 417.15M, resulting in a net margin of 7.0%.
HON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Honeywell International Inc reported a net income of 5.68B and revenue of 9.72B, resulting in a net margin of 58.5%.
Frequently Asked Questions
ALG and HON have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HON has higher volatility (8.90%) compared to ALG (7.47%). In terms of maximum drawdown, ALG dropped -69.23% vs HON's -70.09%.
HON currently has the higher Sharpe Ratio (0.51 vs -0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ALG and HON
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer