As of Jul 31, 2026, HON's PE to growth ratio of 0.2 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 9.38 measured against EPS growth of 46.8%.
Honeywell International's ten years historical PEG ratio has a mean of 14.29. Compared to historical data, HON's 0.2 PEG ratio represents a drop of 99%. HON hit its maximum PEG ratio of 242.6 during the Mar 2025 quarter over the last ten years. The Dec 2018 quarter marked the lowest reading at 0.04, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 26.36 | -15.4% |
| 2024 | 11.23 | 25.82 | 2.3% |
| 2023 | 1.5 | 24.53 | 16.3% |
| 2022 | N/A | 29.16 | -8.1% |
| 2021 | 1.48 | 26.06 | 17.6% |
| 2020 | N/A | 31.28 | -20% |
| 2019 | N/A | 20.82 | -6.6% |
| 2018 | 0.04 | 14.52 | 348.3% |
| 2017 | N/A | 75.55 | -67.8% |
| 2016 | 5.57 | 18.39 | 3.3% |
| 2015 | 1.31 | 16.98 | 13% |
| 2014 | 2.31 | 18.5 | 8% |
| 2013 | 0.55 | 18.27 | 33.3% |
| 2012 | 0.41 | 16.93 | 41.5% |
| 2011 | 10.79 | 20.51 | 1.9% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 0.18 | 8.64 | 46.8% |
| Mar 2026 | N/A | 35.04 | -26.1% |
| Dec 2025 | N/A | 26.36 | -15.4% |
| Sep 2025 | 2.52 | 22.16 | 8.8% |
| Jun 2025 | N/A | 26.4 | -0.3% |
| Mar 2025 | 242.6 | 24.26 | 0.1% |
| Dec 2024 | 11.23 | 25.82 | 2.3% |
| Sep 2024 | 3.43 | 23.68 | 6.9% |
| Jun 2024 | 2.94 | 24.13 | 8.2% |
| Mar 2024 | 1.99 | 23.54 | 11.8% |
| Dec 2023 | 1.5 | 24.53 | 16.3% |
| Sep 2023 | 5.95 | 22.61 | 3.8% |
| Jun 2023 | 2.37 | 25.37 | 10.7% |
| Mar 2023 | 8.75 | 24.5 | 2.8% |
| Dec 2022 | N/A | 29.16 | -8.1% |
When comparing to historical data, HON's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 0.2, HON stands lower than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 1.1, Honeywell International's PEG is 82% lower.
Relative to its peer stocks GE and BA, HON's PEG ratio is lower. With a PEG ratio of 0.2, Honeywell International is lower than the 1.19 peer average.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| HON Honeywell International Inc | 0.2 | $77.03B |
| JCI Johnson Controls International plc | 0.37 | $88.84B |
| LMT Lockheed Martin Corp | 0.41 | $134.49B |
| BA Boeing Company | 0.65 | $170.83B |
| GD General Dynamics Corp | 2.22 | $103.74B |
| GE General Electric Company | 2.3 | $373.6B |
| EMR Emerson Electric Company | 10.44 | $83.9B |
| DOW Dow Inc | N/A | $21.88B |
HON's Jul 31, 2026 PEG ratio comes in at 0.2.
Across the past 3 years, HON's PEG ratio has averaged at 30.26.
Across the past 5 years, HON's PEG ratio has averaged at 19.7.
In the last ten years, HON's peak PEG ratio of 242.6 occurred in the Mar 2025 quarter.
At present, HON's PEG ratio is 99% lower than its 10-year historical average.
Rapid earnings growth combined with a modest valuation gives HON a PEG ratio of 0.2.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jul 31, 2026, Honeywell International has a PE ratio of 9.38. Earnings grew at 46.8% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 0.2. PEG RATIO(0.2) = PE RATIO(9.38) / EPS GROWTH(46.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.