Honeywell International Inc. (HON) vs Union Pacific Corporation (UNP)

UNP leads on 13 of 17 compared metrics.

A side-by-side comparison of Honeywell International Inc. and Union Pacific Corporation 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).

Honeywell International Inc. logo
HON
Honeywell International Inc.
$139.60B
$220.31Industrials
Union Pacific Corporation logo
UNP
Union Pacific Corporation
$161.91B
$272.70Industrials

Total return — HON vs UNP

growth of $100 · last 30y
HON +713.9%UNP +2234.8%UNP compounded faster
05001k2k2k3kStart $100200120062011201620212026$814$2,335
HON UNP

HON vs UNP: by the numbers

  • •UNP is the larger company ($161.91B vs $139.60B market cap).
  • •UNP trades at the lower earnings multiple (22.46 vs 31.21 P/E).
  • •UNP converts more revenue to profit (29.20% vs 11.16% net margin).
  • •UNP grew revenue faster over the past five years (5.05% vs 2.42% CAGR).
  • •HON pays the higher dividend yield (2.13% vs 2.02%).

Which is better, HON or UNP?

Metric tally: HON 4 · UNP 13

It depends on what you're optimizing for:

ValueUNP(lower P/E)
GrowthUNP(faster 5Y revenue CAGR)
IncomeHON(higher dividend yield)
QualityUNP(higher ROIC)

Valuation

MetricHONUNP
P/E ratio31.2122.46●
Forward P/E19.22●19.87
P/S ratio3.83●6.55
P/B ratio6.60●8.34
PEG ratio17.932.34●
EV / EBITDA23.5014.73●
FCF yield2.97%3.52%●

Profitability

MetricHONUNP
Gross margin36.95%45.67%●
Operating margin14.87%40.09%●
Net margin11.16%29.20%●
ROE19.24%37.15%●
ROIC9.22%11.70%●

Dividends

MetricHONUNP
Dividend yield2.13%●2.02%
Payout ratio63.51%45.96%

Growth (annualized)

MetricHONUNP
Revenue CAGR (5Y)2.42%5.05%●
EPS CAGR (5Y)1.74%8.74%●
FCF CAGR (5Y)-4.52%0.04%●
Total return CAGR (5Y)1.55%6.62%●

Frequently asked

Which is better, HON or UNP?
It depends on your goal. value: UNP (lower P/E); growth: UNP (faster 5Y revenue CAGR); income: HON (higher dividend yield); quality: UNP (higher ROIC). Across all compared metrics, UNP leads 13 to 4.
Is HON or UNP cheaper?
On trailing earnings, UNP is cheaper: HON trades at a 31.21 P/E and UNP at 22.46.
Which has grown faster, HON or UNP?
Over the past five years, UNP grew revenue faster — HON at a 2.42% CAGR versus UNP at 5.05%.
Does HON or UNP pay a bigger dividend?
HON yields 2.13% and UNP yields 2.02% based on trailing dividends and the latest price.
Is HON or UNP more profitable?
UNP runs the higher net margin — HON at 11.16% versus UNP at 29.20%.
Which has been the better investment, HON or UNP?
Over the past 10-year, UNP delivered the higher annualized total return — HON at 9.42% versus UNP at 14.35%. Past performance doesn't predict future results.

Go deeper

Full HON analysisFull UNP analysisInteractive comparison tool

Dig into the metrics

Honeywell International P/E ratioUnion Pacific P/E ratioHoneywell International dividend yieldUnion Pacific dividend yieldHoneywell International ROEUnion Pacific ROEHoneywell International operating marginUnion Pacific operating marginHoneywell International revenue growthUnion Pacific revenue growthHoneywell International free cash flowUnion Pacific free cash flow

Honeywell International & Union Pacific appear in these rankings

Highest Dividend Yield StocksHighest ROE StocksHighest Operating Margin StocksBest 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.