TFX vs. HON
TFX (Teleflex Incorporated) and HON (Honeywell International Inc) are both stocks. TFX operates in Medical Instruments & Supplies (Healthcare), while HON operates in Conglomerates (Industrials). Over the past 10 years, TFX returned -2.55%/yr vs 10.36%/yr for HON. At a 0.36 correlation, their price movements are largely independent.
Performance
TFX vs. HON - Performance Comparison
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Returns By Period
In the year-to-date period, TFX achieves a 2.38% return, which is significantly lower than HON's 15.18% return. Over the past 10 years, TFX has underperformed HON with an annualized return of -2.55%, while HON has yielded a comparatively higher 10.36% annualized return.
TFX
- 1D
- 2.13%
- 1M
- -6.40%
- YTD
- 2.38%
- 6M
- 2.17%
- 1Y
- 6.46%
- 3Y*
- -18.69%
- 5Y*
- -20.31%
- 10Y*
- -2.55%
HON
- 1D
- -2.52%
- 1M
- -2.44%
- YTD
- 15.18%
- 6M
- 14.94%
- 1Y
- 7.27%
- 3Y*
- 7.94%
- 5Y*
- 3.75%
- 10Y*
- 10.36%
TFX vs. HON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFX Teleflex Incorporated | 2.38% | -30.67% | -28.16% | 0.48% | -23.61% | -19.89% | 9.75% | 46.26% | 4.45% | 55.41% |
HON Honeywell International Inc | 15.18% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
Correlation
The correlation between TFX and HON is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 1988 | 0.36 |
The correlation between TFX and HON shifts across timeframes, from 0.19 (1 year) to 0.42 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TFX:
$5.50B
HON:
$141.96B
TFX:
-$22.59
HON:
$6.42
TFX:
1.97
HON:
3.87
TFX:
1.78
HON:
6.66
TFX:
$2.81B
HON:
$36.76B
TFX:
$1.50B
HON:
$13.58B
TFX:
-$89.48M
HON:
$6.55B
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Return for Risk
TFX vs. HON — Risk / Return Rank
TFX
HON
TFX vs. HON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teleflex Incorporated (TFX) 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.
| TFX | HON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.08 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.27 | 0.44 | -0.18 |
| Martin ratioReturn relative to average drawdown | 0.59 | 0.75 | -0.16 |
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Drawdowns
TFX vs. HON - Drawdown Comparison
The maximum TFX drawdown since its inception was -76.67%, which is greater than HON's maximum drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for TFX and HON.
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Drawdown Indicators
| TFX | HON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.67% | -70.09% | -6.58% |
Max Drawdown (1Y)Largest decline over 1 year | -24.36% | -16.54% | -7.82% |
Max Drawdown (3Y)Largest decline over 3 years | -60.42% | -22.10% | -38.32% |
Max Drawdown (5Y)Largest decline over 5 years | -75.53% | -27.13% | -48.40% |
Max Drawdown (10Y)Largest decline over 10 years | -76.67% | -43.01% | -33.66% |
Current DrawdownCurrent decline from peak | -70.95% | -9.86% | -61.09% |
Average DrawdownAverage peak-to-trough decline | -17.89% | -20.27% | +2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.01% | 9.75% | +1.26% |
Volatility
TFX vs. HON - Volatility Comparison
The current volatility for Teleflex Incorporated (TFX) is 9.24%, while Honeywell International Inc (HON) has a volatility of 11.72%. This indicates that TFX 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.
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Volatility by Period
| TFX | HON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.24% | 11.72% | -2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 30.43% | 19.27% | +11.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.71% | 24.45% | +16.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.73% | 22.07% | +12.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.28% | 23.66% | +8.62% |
Dividends
TFX vs. HON - Dividend Comparison
TFX's dividend yield for the trailing twelve months is around 1.09%, less than HON's 2.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 2.08% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
TFX Teleflex Incorporated | 1.09% | 1.11% | 0.76% | 0.55% | 0.54% | 0.41% | 0.33% | 0.36% | 0.53% | 0.55% | 0.84% | 1.03% |
Financials
TFX vs. HON - Financials Comparison
This section allows you to compare key financial metrics between Teleflex Incorporated 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
TFX vs. HON - Profitability Comparison
TFX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teleflex Incorporated reported a gross profit of 307.43M and revenue of 548.26M. Therefore, the gross margin over that period was 56.1%.
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%.
TFX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teleflex Incorporated reported an operating income of -4.84M and revenue of 548.26M, resulting in an operating margin of -0.9%.
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%.
TFX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teleflex Incorporated reported a net income of -8.15M and revenue of 548.26M, resulting in a net margin of -1.5%.
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
TFX and HON have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HON has higher volatility (11.72%) compared to TFX (9.24%). In terms of maximum drawdown, TFX dropped -76.67% vs HON's -70.09%.
HON currently has the higher Sharpe Ratio (0.30 vs 0.16), 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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