HON vs. BWXT
HON (Honeywell International Inc) and BWXT (BWX Technologies, Inc.) are both stocks. Both are in the Industrials sector — HON in Conglomerates, BWXT in Aerospace & Defense. Over the past 10 years, HON returned 10.02%/yr vs 20.03%/yr for BWXT. At a 0.47 correlation, their price movements are largely independent.
Performance
HON vs. BWXT - Performance Comparison
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Returns By Period
In the year-to-date period, HON achieves a 14.11% return, which is significantly higher than BWXT's 12.23% return. Over the past 10 years, HON has underperformed BWXT with an annualized return of 10.02%, while BWXT has yielded a comparatively higher 20.03% annualized return.
HON
- 1D
- 0.54%
- 1M
- 1.63%
- YTD
- 14.11%
- 6M
- 14.95%
- 1Y
- 5.66%
- 3Y*
- 7.43%
- 5Y*
- 2.86%
- 10Y*
- 10.02%
BWXT
- 1D
- -0.63%
- 1M
- -6.34%
- YTD
- 12.23%
- 6M
- 10.82%
- 1Y
- 41.19%
- 3Y*
- 43.24%
- 5Y*
- 26.18%
- 10Y*
- 20.03%
HON vs. BWXT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 14.11% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
BWXT BWX Technologies, Inc. | 12.23% | 56.37% | 46.53% | 33.87% | 23.30% | -19.40% | -1.54% | 64.48% | -36.10% | 53.59% |
Correlation
The correlation between HON and BWXT is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Aug 2, 2010 | 0.47 |
The correlation between HON and BWXT shifts across timeframes, from 0.31 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HON:
$140.65B
BWXT:
$17.78B
HON:
$6.42
BWXT:
$3.75
HON:
34.34
BWXT:
51.53
HON:
3.83
BWXT:
5.26
HON:
6.60
BWXT:
13.89
HON:
$36.76B
BWXT:
$3.38B
HON:
$13.58B
BWXT:
$566.27M
HON:
$6.55B
BWXT:
$534.48M
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Return for Risk
HON vs. BWXT — Risk / Return Rank
HON
BWXT
HON vs. BWXT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) and BWX Technologies, Inc. (BWXT). 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.
| HON | BWXT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.68 | ||
| Sortino ratioReturn per unit of downside risk | -0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.20 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 1.79 | -1.44 |
| Martin ratioReturn relative to average drawdown | 0.59 | 4.04 | -3.46 |
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Drawdowns
HON vs. BWXT - Drawdown Comparison
The maximum HON drawdown since its inception was -70.09%, which is greater than BWXT's maximum drawdown of -47.88%. Use the drawdown chart below to compare losses from any high point for HON and BWXT.
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Drawdown Indicators
| HON | BWXT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.09% | -47.88% | -22.21% |
Max Drawdown (1Y)Largest decline over 1 year | -16.54% | -23.14% | +6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -32.87% | +10.77% |
Max Drawdown (5Y)Largest decline over 5 years | -27.13% | -32.92% | +5.79% |
Max Drawdown (10Y)Largest decline over 10 years | -43.01% | -47.74% | +4.73% |
Current DrawdownCurrent decline from peak | -10.69% | -18.75% | +8.06% |
Average DrawdownAverage peak-to-trough decline | -20.28% | -13.17% | -7.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.68% | 10.22% | -0.54% |
Volatility
HON vs. BWXT - Volatility Comparison
Honeywell International Inc (HON) and BWX Technologies, Inc. (BWXT) have volatilities of 11.56% and 11.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HON | BWXT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.56% | 11.22% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 18.95% | 34.21% | -15.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.12% | 45.12% | -21.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.02% | 33.05% | -11.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.64% | 30.83% | -7.19% |
Dividends
HON vs. BWXT - Dividend Comparison
HON's dividend yield for the trailing twelve months is around 2.10%, more than BWXT's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWXT BWX Technologies, Inc. | 0.54% | 0.58% | 0.86% | 1.20% | 1.52% | 1.75% | 1.26% | 1.10% | 1.67% | 0.69% | 0.91% | 30.37% |
HON Honeywell International Inc | 2.10% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
Financials
HON vs. BWXT - Financials Comparison
This section allows you to compare key financial metrics between Honeywell International Inc and BWX Technologies, 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
HON vs. BWXT - Profitability Comparison
HON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a gross profit of 3.54B and revenue of 9.14B. Therefore, the gross margin over that period was 38.7%.
BWXT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, BWX Technologies, Inc. reported a gross profit of 0.00 and revenue of 860.22M. Therefore, the gross margin over that period was 0.0%.
HON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported an operating income of 886.00M and revenue of 9.14B, resulting in an operating margin of 9.7%.
BWXT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, BWX Technologies, Inc. reported an operating income of 106.69M and revenue of 860.22M, resulting in an operating margin of 12.4%.
HON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a net income of 821.00M and revenue of 9.14B, resulting in a net margin of 9.0%.
BWXT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, BWX Technologies, Inc. reported a net income of 91.19M and revenue of 860.22M, resulting in a net margin of 10.6%.
Frequently Asked Questions
HON and BWXT have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HON has higher volatility (11.56%) compared to BWXT (11.22%). In terms of maximum drawdown, HON dropped -70.09% vs BWXT's -47.88%.
BWXT currently has the higher Sharpe Ratio (0.92 vs 0.24), 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.
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