HON vs. JNJ
HON (Honeywell International Inc) and JNJ (Johnson & Johnson) are both stocks. HON operates in Conglomerates (Industrials), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, HON returned 10.02%/yr vs 10.46%/yr for JNJ. At a 0.31 correlation, their price movements are largely independent.
Performance
HON vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, HON achieves a 14.11% return, which is significantly lower than JNJ's 17.68% return. Both investments have delivered pretty close results over the past 10 years, with HON having a 10.02% annualized return and JNJ not far ahead at 10.46%.
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%
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
HON vs. JNJ - 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% |
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between HON and JNJ is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1970 | 0.31 |
The correlation between HON and JNJ shifts across timeframes, from 0.17 (1 year) to 0.34 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HON:
$140.65B
JNJ:
$588.98B
HON:
$6.42
JNJ:
$8.65
HON:
34.34
JNJ:
27.85
HON:
3.83
JNJ:
6.08
HON:
6.60
JNJ:
7.25
HON:
$36.76B
JNJ:
$96.36B
HON:
$13.58B
JNJ:
$66.60B
HON:
$6.55B
JNJ:
$31.62B
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Return for Risk
HON vs. JNJ — Risk / Return Rank
HON
JNJ
HON vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) and Johnson & Johnson (JNJ). 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 | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.18 | ||
| Sortino ratioReturn per unit of downside risk | -4.42 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.61 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | 0.34 | 5.28 | -4.94 |
| Martin ratioReturn relative to average drawdown | 0.59 | 15.52 | -14.94 |
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Drawdowns
HON vs. JNJ - Drawdown Comparison
The maximum HON drawdown since its inception was -70.09%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for HON and JNJ.
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Drawdown Indicators
| HON | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.09% | -50.67% | -19.42% |
Max Drawdown (1Y)Largest decline over 1 year | -16.54% | -10.96% | -5.58% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -15.95% | -6.15% |
Max Drawdown (5Y)Largest decline over 5 years | -27.13% | -18.41% | -8.72% |
Max Drawdown (10Y)Largest decline over 10 years | -43.01% | -27.37% | -15.64% |
Current DrawdownCurrent decline from peak | -10.69% | -2.54% | -8.15% |
Average DrawdownAverage peak-to-trough decline | -20.28% | -11.90% | -8.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.68% | 3.72% | +5.96% |
Volatility
HON vs. JNJ - Volatility Comparison
Honeywell International Inc (HON) has a higher volatility of 11.56% compared to Johnson & Johnson (JNJ) at 5.47%. This indicates that HON's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HON | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.56% | 5.47% | +6.09% |
Volatility (6M)Calculated over the trailing 6-month period | 18.95% | 12.16% | +6.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.12% | 16.94% | +7.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.02% | 16.87% | +5.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.64% | 18.48% | +5.16% |
Dividends
HON vs. JNJ - Dividend Comparison
HON's dividend yield for the trailing twelve months is around 2.10%, less than JNJ's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
HON vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between Honeywell International Inc and Johnson & Johnson. 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. JNJ - 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%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
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%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
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%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
HON and JNJ have a correlation of 0.17, 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 JNJ (5.47%). In terms of maximum drawdown, HON dropped -70.09% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.42 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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