Honeywell International Inc. (HON) vs United Parcel Service, Inc. (UPS)
UPS leads on 11 of 17 compared metrics.
A side-by-side comparison of Honeywell International Inc. and United Parcel Service, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
HON
Honeywell International Inc.
$220.31Industrials
UPS
United Parcel Service, Inc.
$108.10Industrials
Total return — HON vs UPS
growth of $100 · last 27yHON +295.2%UPS +58.7%HON compounded faster
HON UPS
HON vs UPS: by the numbers
- •HON is the larger company ($139.60B vs $91.89B market cap).
- •UPS trades at the lower earnings multiple (17.49 vs 31.21 P/E).
- •HON converts more revenue to profit (11.16% vs 5.94% net margin).
- •HON grew revenue faster over the past five years (2.42% vs -0.23% CAGR).
- •UPS pays the higher dividend yield (6.07% vs 2.13%).
Which is better, HON or UPS?
Metric tally: HON 6 · UPS 11It depends on what you're optimizing for:
ValueUPS(lower P/E)
GrowthHON(faster 5Y revenue CAGR)
IncomeUPS(higher dividend yield)
QualityUPS(higher ROIC)
Valuation
| Metric | HON | UPS |
|---|---|---|
| P/E ratio | 31.21 | 17.49● |
| Forward P/E | 19.22 | 13.63● |
| P/S ratio | 3.83 | 1.04● |
| P/B ratio | 6.60 | 5.83● |
| PEG ratio | 17.93 | 0.52● |
| EV / EBITDA | 23.95 | 9.85● |
| FCF yield | 2.92% | 4.91%● |
Profitability
| Metric | HON | UPS |
|---|---|---|
| Gross margin | 36.95%● | 17.79% |
| Operating margin | 14.87%● | 8.46% |
| Net margin | 11.16%● | 5.94% |
| ROE | 19.24% | 33.30%● |
| ROIC | 9.22% | 10.40%● |
Dividends
| Metric | HON | UPS |
|---|---|---|
| Dividend yield | 2.13% | 6.07%● |
| Payout ratio | 63.51% | 100.00% |
Growth (annualized)
| Metric | HON | UPS |
|---|---|---|
| Revenue CAGR (5Y) | 2.42%● | -0.23% |
| EPS CAGR (5Y) | 1.74% | 33.45%● |
| FCF CAGR (5Y) | -4.80%● | -8.72% |
| Total return CAGR (5Y) | 1.55%● | -7.79% |
Frequently asked
- Which is better, HON or UPS?
- It depends on your goal. value: UPS (lower P/E); growth: HON (faster 5Y revenue CAGR); income: UPS (higher dividend yield); quality: UPS (higher ROIC). Across all compared metrics, UPS leads 11 to 6.
- Is HON or UPS cheaper?
- On trailing earnings, UPS is cheaper: HON trades at a 31.21 P/E and UPS at 17.49.
- Which has grown faster, HON or UPS?
- Over the past five years, HON grew revenue faster — HON at a 2.42% CAGR versus UPS at -0.23%.
- Does HON or UPS pay a bigger dividend?
- HON yields 2.13% and UPS yields 6.07% based on trailing dividends and the latest price.
- Is HON or UPS more profitable?
- HON runs the higher net margin — HON at 11.16% versus UPS at 5.94%.
- Which has been the better investment, HON or UPS?
- Over the past 10-year, HON delivered the higher annualized total return — HON at 9.42% versus UPS at 4.22%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Honeywell International P/E ratioUnited Parcel Service P/E ratioHoneywell International dividend yieldUnited Parcel Service dividend yieldHoneywell International ROEUnited Parcel Service ROEHoneywell International operating marginUnited Parcel Service operating marginHoneywell International revenue growthUnited Parcel Service revenue growthHoneywell International free cash flowUnited Parcel Service free cash flow
Honeywell International & United Parcel Service 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 June 14, 2026.