Is ETN or HON cheaper?

On trailing earnings, HON is cheaper: ETN trades at a 38.26 P/E and HON at 31.21.

Which has grown faster, ETN or HON?

Over the past five years, ETN grew revenue faster — ETN at a 9.94% CAGR versus HON at 2.42%.

Does ETN or HON pay a bigger dividend?

ETN yields 1.09% and HON yields 2.13% based on trailing dividends and the latest price.

Is ETN or HON more profitable?

ETN runs the higher net margin — ETN at 13.99% versus HON at 11.16%.

Which has been the better investment, ETN or HON?

Over the past 10-year, ETN delivered the higher annualized total return — ETN at 23.24% versus HON at 9.42%. Past performance doesn't predict future results.

Eaton Corporation plc (ETN) vs Honeywell International Inc. (HON)

ETN leads on 10 of 16 compared metrics, though HON is the cheaper stock.

A side-by-side comparison of Eaton Corporation plc and Honeywell International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ETN

Eaton Corporation plc

$151.98B

$391.39Industrials

HON

Honeywell International Inc.

$139.60B

$220.31Industrials

Total return — ETN vs HON

growth of $100 · last 30y

ETN +3008.7%HON +713.9%ETN compounded faster

ETN HON

ETN vs HON: by the numbers

•ETN is the larger company ($151.98B vs $139.60B market cap).
•HON trades at the lower earnings multiple (31.21 vs 38.26 P/E).
•ETN converts more revenue to profit (13.99% vs 11.16% net margin).
•ETN grew revenue faster over the past five years (9.94% vs 2.42% CAGR).
•HON pays the higher dividend yield (2.13% vs 1.09%).

Which is better, ETN or HON?

Metric tally: ETN 10 · HON 6

It depends on what you're optimizing for:

ValueHON(lower P/E)

GrowthETN(faster 5Y revenue CAGR)

IncomeHON(higher dividend yield)

QualityETN(higher ROIC)

Valuation

Metric	ETN	HON
P/E ratio	38.26	31.21●
Forward P/E	24.99	19.22●
P/S ratio	5.34	3.83●
P/B ratio	7.71	6.60●
PEG ratio	3.04●	17.93
EV / EBITDA	29.13	23.50●
FCF yield	3.08%●	2.97%

Profitability

Metric	ETN	HON
Gross margin	36.89%	36.95%
Operating margin	18.13%●	14.87%
Net margin	13.99%●	11.16%
ROE	20.19%●	19.24%
ROIC	13.14%●	9.22%

Dividends

Metric	ETN	HON
Dividend yield	1.09%	2.13%●
Payout ratio	40.80%	63.51%

Growth (annualized)

Metric	ETN	HON
Revenue CAGR (5Y)	9.94%●	2.42%
EPS CAGR (5Y)	24.48%●	1.74%
FCF CAGR (5Y)	13.57%●	-4.52%
Total return CAGR (5Y)	23.64%●	1.55%

Frequently asked

Which is better, ETN or HON?: It depends on your goal. value: HON (lower P/E); growth: ETN (faster 5Y revenue CAGR); income: HON (higher dividend yield); quality: ETN (higher ROIC). Across all compared metrics, ETN leads 10 to 6.
Is ETN or HON cheaper?: On trailing earnings, HON is cheaper: ETN trades at a 38.26 P/E and HON at 31.21.
Which has grown faster, ETN or HON?: Over the past five years, ETN grew revenue faster — ETN at a 9.94% CAGR versus HON at 2.42%.
Does ETN or HON pay a bigger dividend?: ETN yields 1.09% and HON yields 2.13% based on trailing dividends and the latest price.
Is ETN or HON more profitable?: ETN runs the higher net margin — ETN at 13.99% versus HON at 11.16%.
Which has been the better investment, ETN or HON?: Over the past 10-year, ETN delivered the higher annualized total return — ETN at 23.24% versus HON at 9.42%. Past performance doesn't predict future results.

Go deeper

Full ETN analysis Full HON analysis Interactive comparison tool

Dig into the metrics

Eaton P/E ratio Honeywell International P/E ratio Eaton dividend yield Honeywell International dividend yield Eaton ROE Honeywell International ROE Eaton operating margin Honeywell International operating margin Eaton revenue growth Honeywell International revenue growth Eaton free cash flow Honeywell International free cash flow

Eaton & Honeywell International appear in these rankings

Highest Dividend Yield Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 13, 2026.