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).

Total return — HON vs UPS

growth of $100 · last 27y
HON +295.2%UPS +58.7%HON compounded faster
0100200300400Start $10020042009201420192024$395$159
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 11

It depends on what you're optimizing for:

ValueUPS(lower P/E)
GrowthHON(faster 5Y revenue CAGR)
IncomeUPS(higher dividend yield)
QualityUPS(higher ROIC)

Valuation

MetricHONUPS
P/E ratio31.2117.49
Forward P/E19.2213.63
P/S ratio3.831.04
P/B ratio6.605.83
PEG ratio17.930.52
EV / EBITDA23.959.85
FCF yield2.92%4.91%

Profitability

MetricHONUPS
Gross margin36.95%17.79%
Operating margin14.87%8.46%
Net margin11.16%5.94%
ROE19.24%33.30%
ROIC9.22%10.40%

Dividends

MetricHONUPS
Dividend yield2.13%6.07%
Payout ratio63.51%100.00%

Growth (annualized)

MetricHONUPS
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.

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.