SKX vs. HON

Last updated Jun 13, 2026

SKX (Skechers U.S.A., Inc.) and HON (Honeywell International Inc) are both stocks. SKX operates in Footwear & Accessories (Consumer Cyclical), while HON operates in Conglomerates (Industrials). At a 0.33 correlation, their price movements are largely independent.

Performance

SKX vs. HON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Skechers U.S.A., Inc. (SKX) and Honeywell International Inc (HON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HON

• 1D: 0.54%
• 1M: 3.32%
• YTD: 14.11%
• 6M: 14.95%
• 1Y: 6.49%
• 3Y*: 7.43%
• 5Y*: 2.86%
• 10Y*: 10.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SKX vs. HON - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%
HON Honeywell International Inc	14.11%	-6.37%	10.02%	0.02%	4.90%	-0.29%	22.97%	36.70%	-8.27%	35.10%

Correlation

The correlation between SKX and HON is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jun 9, 1999	0.33

Over the past year, the correlation between SKX and HON has dropped to 0.10 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Fundamentals

Market Cap SKX : $9.55B HON : $140.65B
EPS SKX : $4.40 HON : $6.42
PE Ratio SKX : 14.35 HON : 34.34
PS Ratio SKX : 1.01 HON : 3.83
PB Ratio SKX : 2.00 HON : 6.60
Total Revenue (TTM) SKX : $9.41B HON : $36.76B
Gross Profit (TTM) SKX : $4.96B HON : $13.58B
EBITDA (TTM) SKX : $1.07B HON : $6.55B

Return for Risk

SKX vs. HON — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HON

HON Risk / Return Rank: 48
HON Sharpe Ratio Rank: 52
HON Sortino Ratio Rank: 44
HON Omega Ratio Rank: 44
HON Calmar Ratio Rank: 51
HON Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SKX vs. HON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Skechers U.S.A., Inc. (SKX) 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.

	SKX	HON	Difference
Sharpe ratio: Return per unit of total volatility	—	0.24	—
Sortino ratio: Return per unit of downside risk	—	0.52	—
Omega ratio: Gain probability vs. loss probability	—	1.06	—
Calmar ratio: Return relative to maximum drawdown	—	0.34	—
Martin ratio: Return relative to average drawdown	—	0.59	—

Drawdowns

Drawdown Indicators

	SKX	HON	Difference
Max Drawdown Largest peak-to-trough decline	—	-70.09%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.54%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.10%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-27.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.01%	—
Current Drawdown Current decline from peak	—	-10.69%	—
Average Drawdown Average peak-to-trough decline	—	-20.28%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	9.68%	—

Volatility

Volatility by Period

	SKX	HON	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	18.95%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	24.12%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.02%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.64%	—

Dividends

SKX vs. HON - Dividend Comparison

SKX has not paid dividends to shareholders, while HON's dividend yield for the trailing twelve months is around 2.10%.

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%
SKX Skechers U.S.A., Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SKX vs. HON - Profitability Comparison

The chart below illustrates the profitability comparison between Skechers U.S.A., Inc. and Honeywell International Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

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%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

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%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, 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 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%.

Frequently Asked Questions

Can I hold both SKX and HON in my portfolio?

SKX and HON have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.