HON vs. LLY
HON (Honeywell International Inc) and LLY (Eli Lilly and Company) are both stocks. HON operates in Conglomerates (Industrials), while LLY operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, HON returned 9.47%/yr vs 33.71%/yr for LLY. At a 0.29 correlation, their price movements are largely independent.
Performance
HON vs. LLY - Performance Comparison
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Returns By Period
In the year-to-date period, HON achieves a 9.70% return, which is significantly higher than LLY's 7.29% return. Over the past 10 years, HON has underperformed LLY with an annualized return of 9.47%, while LLY has yielded a comparatively higher 33.71% annualized return.
HON
- 1D
- -1.01%
- 1M
- -0.07%
- YTD
- 9.70%
- 6M
- 11.48%
- 1Y
- 0.37%
- 3Y*
- 6.60%
- 5Y*
- 1.82%
- 10Y*
- 9.47%
LLY
- 1D
- 1.57%
- 1M
- 21.37%
- YTD
- 7.29%
- 6M
- 15.58%
- 1Y
- 50.32%
- 3Y*
- 38.07%
- 5Y*
- 39.75%
- 10Y*
- 33.71%
HON vs. LLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 9.70% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
LLY Eli Lilly and Company | 7.29% | 40.25% | 33.30% | 60.91% | 34.26% | 66.08% | 31.04% | 16.14% | 40.45% | 17.83% |
Correlation
The correlation between HON and LLY is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 13, 1978 | 0.29 |
The correlation between HON and LLY shifts across timeframes, from 0.16 (1 year) to 0.29 (all time), reflecting how their relationship changes across market environments.
Fundamentals
HON:
$135.21B
LLY:
$1.03T
HON:
$6.42
LLY:
$28.14
HON:
33.01
LLY:
40.83
HON:
3.68
LLY:
14.28
HON:
6.34
LLY:
33.00
HON:
$36.76B
LLY:
$72.25B
HON:
$13.58B
LLY:
$59.75B
HON:
$6.55B
LLY:
$32.97B
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Return for Risk
HON vs. LLY — Risk / Return Rank
HON
LLY
HON vs. LLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeywell International Inc (HON) and Eli Lilly and Company (LLY). 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.
| HON | LLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.26 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | 2.14 | -2.12 |
| Martin ratioReturn relative to average drawdown | 0.04 | 5.32 | -5.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HON | LLY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.02 | 1.33 | -1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 1.23 | -1.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 1.12 | -0.72 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.58 | -0.30 |
Drawdowns
HON vs. LLY - Drawdown Comparison
The maximum HON drawdown since its inception was -70.09%, roughly equal to the maximum LLY drawdown of -68.24%. Use the drawdown chart below to compare losses from any high point for HON and LLY.
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Drawdown Indicators
| HON | LLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.09% | -68.24% | -1.85% |
Max Drawdown (1Y)Largest decline over 1 year | -16.03% | -23.64% | +7.61% |
Max Drawdown (3Y)Largest decline over 3 years | -22.10% | -34.48% | +12.38% |
Max Drawdown (5Y)Largest decline over 5 years | -27.13% | -34.48% | +7.35% |
Max Drawdown (10Y)Largest decline over 10 years | -43.01% | -34.48% | -8.53% |
Current DrawdownCurrent decline from peak | -14.14% | 0.00% | -14.14% |
Average DrawdownAverage peak-to-trough decline | -20.28% | -19.22% | -1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.55% | 9.49% | +0.06% |
Volatility
HON vs. LLY - Volatility Comparison
The current volatility for Honeywell International Inc (HON) is 8.75%, while Eli Lilly and Company (LLY) has a volatility of 9.55%. This indicates that HON experiences smaller price fluctuations and is considered to be less risky than LLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HON | LLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.75% | 9.55% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 17.25% | 27.05% | -9.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.78% | 38.16% | -15.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.73% | 32.54% | -10.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.52% | 30.18% | -6.66% |
Dividends
HON vs. LLY - Dividend Comparison
HON's dividend yield for the trailing twelve months is around 2.19%, more than LLY's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 2.19% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
LLY Eli Lilly and Company | 0.56% | 0.56% | 0.67% | 0.78% | 1.07% | 1.23% | 1.75% | 1.96% | 1.94% | 2.46% | 2.77% | 2.37% |
Financials
HON vs. LLY - Financials Comparison
This section allows you to compare key financial metrics between Honeywell International Inc and Eli Lilly and Company. 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. LLY - 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%.
LLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a gross profit of 15.64B and revenue of 19.80B. Therefore, the gross margin over that period was 79.0%.
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%.
LLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported an operating income of 9.19B and revenue of 19.80B, resulting in an operating margin of 46.4%.
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%.
LLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Eli Lilly and Company reported a net income of 7.40B and revenue of 19.80B, resulting in a net margin of 37.4%.
Frequently Asked Questions
HON and LLY have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LLY has higher volatility (9.55%) compared to HON (8.75%). In terms of maximum drawdown, HON dropped -70.09% vs LLY's -68.24%.
LLY currently has the higher Sharpe Ratio (1.33 vs 0.02), 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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