FedEx Corporation (FDX) vs Honeywell International Inc. (HON)
A side-by-side comparison of FedEx Corporation and Honeywell International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
FDX
FedEx Corporation
$328.38IndustrialsAt close: Aug 19, 2026, 4:00 PM ET
HON
Honeywell International Inc.
$221.73IndustrialsAt close: Aug 19, 2026, 4:00 PM ET
Total return — FDX vs HON
growth of $100 · dividends reinvested · last 10yFDX +186.5% (+11.1%/yr)HON +203.7% (+11.8%/yr)HON compounded faster over this window
FDX HON
FDX vs HON: by the numbers
- •FDX is the larger company ($77.69B vs $70.28B market cap).
- •HON trades at the lower trailing earnings multiple (8.61 vs 17.91 P/E), one valuation lens rather than an overall verdict.
- •HON converts more revenue to profit (22.73% vs 4.68% net margin).
- •FDX grew revenue faster over the past five years (2.47% vs 1.25% CAGR).
- •HON pays the higher dividend yield (3.54% vs 1.44%).
Metrics side by side
Valuation
| Metric | FDX | HON |
|---|---|---|
| P/E ratio | 17.91 | 8.61 |
| Forward P/E | 16.53 | 26.65 |
| P/S ratio | 0.84 | 1.96 |
| P/B ratio | 2.50 | 2.80 |
| EV / EBITDA | 10.12 | 15.07 |
| FCF yield | 6.46% | 5.82% |
Profitability
| Metric | FDX | HON |
|---|---|---|
| Gross margin | 22.90% | 36.57% |
| Operating margin | 6.74% | 14.09% |
| Net margin | 4.68% | 22.73% |
| ROE | 14.01% | 32.56% |
| ROIC | 5.92% | 6.63% |
Dividends
| Metric | FDX | HON |
|---|---|---|
| Dividend yield | 1.44% | 3.54% |
| Payout ratio | 25.46% | 52.97% |
Growth (annualized)
| Metric | FDX | HON |
|---|---|---|
| Revenue CAGR (5Y) | 2.47% | 1.25% |
| EPS CAGR (5Y) | -1.27% | 1.74% |
| FCF CAGR (5Y) | 3.77% | 0.34% |
| Total return CAGR (5Y) | 10.96% | 3.55% |
Frequently asked
- Which has the lower trailing P/E, FDX or HON?
- HON has the lower trailing P/E: FDX trades at 17.91 and HON at 8.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FDX or HON?
- Over the past five years, FDX grew revenue faster — FDX at a 2.47% CAGR versus HON at 1.25%.
- Does FDX or HON pay a bigger dividend?
- FDX yields 1.44% and HON yields 3.54% based on trailing dividends and the latest price.
- Is FDX or HON more profitable?
- HON runs the higher net margin — FDX at 4.68% versus HON at 22.73%.
- How have FDX and HON total returns compared?
- Over the past 10 years, FDX delivered 10.98% and HON delivered 11.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
FedEx P/E ratioHoneywell International P/E ratioFedEx dividend yieldHoneywell International dividend yieldFedEx ROEHoneywell International ROEFedEx operating marginHoneywell International operating marginFedEx revenue growthHoneywell International revenue growthFedEx free cash flowHoneywell International free cash flow
FedEx & Honeywell International appear in these rankings
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 August 20, 2026.