General Dynamics Corporation (GD) vs Honeywell International Inc. (HON)

GD leads on 11 of 16 compared metrics.

A side-by-side comparison of General Dynamics Corporation and Honeywell International Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — GD vs HON

growth of $100 · last 30y
GD +2219.5%HON +749.2%GD compounded faster
05001k2k2k3kStart $100200120062011201620212026$2,320$849
GD HON

GD vs HON: by the numbers

  • HON is the larger company ($144.10B vs $97.23B market cap).
  • GD trades at the lower earnings multiple (22.61 vs 32.21 P/E).
  • HON converts more revenue to profit (11.16% vs 8.07% net margin).
  • GD grew revenue faster over the past five years (6.89% vs 2.42% CAGR).
  • HON pays the higher dividend yield (2.07% vs 1.69%).

Which is better, GD or HON?

Metric tally: GD 11 · HON 5

It depends on what you're optimizing for:

ValueGD(lower P/E)
GrowthGD(faster 5Y revenue CAGR)
IncomeHON(higher dividend yield)
QualityGD(higher ROIC)

Metrics side by side

Valuation

MetricGDHON
P/E ratio22.6132.21
Forward P/E19.7319.84
P/S ratio1.833.95
P/B ratio3.786.81
PEG ratio1.6318.51
EV / EBITDA16.3224.61
FCF yield6.29%2.83%

Profitability

MetricGDHON
Gross margin15.24%36.95%
Operating margin10.24%14.87%
Net margin8.07%11.16%
ROE16.65%19.24%
ROIC10.58%9.22%

Dividends

MetricGDHON
Dividend yield1.69%2.07%
Payout ratio38.94%63.51%

Growth (annualized)

MetricGDHON
Revenue CAGR (5Y)6.89%2.42%
EPS CAGR (5Y)7.22%1.74%
FCF CAGR (5Y)11.42%-4.80%
Total return CAGR (5Y)15.76%2.45%

Frequently asked

Which is better, GD or HON?
It depends on your goal. value: GD (lower P/E); growth: GD (faster 5Y revenue CAGR); income: HON (higher dividend yield); quality: GD (higher ROIC). Across all compared metrics, GD leads 11 to 5.
Is GD or HON cheaper?
On trailing earnings, GD is cheaper: GD trades at a 22.61 P/E and HON at 32.21.
Which has grown faster, GD or HON?
Over the past five years, GD grew revenue faster — GD at a 6.89% CAGR versus HON at 2.42%.
Does GD or HON pay a bigger dividend?
GD yields 1.69% and HON yields 2.07% based on trailing dividends and the latest price.
Is GD or HON more profitable?
HON runs the higher net margin — GD at 8.07% versus HON at 11.16%.
Which has been the better investment, GD or HON?
Over the past 10-year, GD delivered the higher annualized total return — GD at 12.29% versus HON at 9.88%. Past performance doesn't predict future results.

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 16, 2026.