HON vs PAM: Honeywell International and Pampa Energia SA ADR compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Honeywell International is the larger company, worth $135.2B, about 30.4 times Pampa Energia SA ADR.
- Pampa Energia SA ADR grew revenue faster over the last year (+8.3% vs +4.3%).
- Pampa Energia SA ADR keeps more of each dollar of revenue as operating profit (23.4% vs 20.7%).
- On earnings, Honeywell International is the cheaper stock (8.5x vs 174.7x).
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | HON | PAM |
|---|---|---|
| Market cap | $135.2B | $4.5B |
| Share price | $207.73 | $80.34 |
| Revenue (last fiscal year) | $37.4B | $1.9B |
| Free cash flow (last fiscal year) | $5.4B | -$12M |
| Revenue growth, last year | +4.3% | +8.3% |
| Revenue growth per year, last 5 fiscal years | +2.1% | +15.0% |
| Operating margin | 20.7% | 23.4% |
| Net margin | 21.6% | 33.0% |
| Return on equity | 44.3% | 18.8% |
| P/E (trailing) | 8.49x | 174.7x |
| Price / free cash flow | 25.1x | — |
| EV / EBITDA | 12.1x | 4.88x |
| FCF growth the price implies | 7.9% | — |
| Dividend yield | 2.2% | — |
| Debt / equity | 3.16x | 0.93x |
| Fundamental grade | C | C |
| Superinvestors holding it | 8 | 0 |
| Insider purchases, last 12 months | 9 | 4 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Honeywell International
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $34.4B | $5.1B | — |
| 2022 | $35.5B | $4.5B | 22.6% |
| 2023 | $33.0B | $4.6B | 22.9% |
| 2024 | $34.7B | $5.2B | 22.1% |
| 2025 | $37.4B | $5.4B | 21.7% |
Pampa Energia SA ADR
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2020 | $1.1B | $569M | 22.6% |
| 2021 | $1.5B | $519M | 38.4% |
| 2022 | $1.8B | $172M | 34.5% |
| 2023 | $1.7B | -$183M | 24.5% |
| 2024 | $1.9B | -$12M | 23.5% |
Where the revenue comes from
Honeywell International · by segments, 2025
Aerospace Technologies$17.5B47%
Industrial Automation$9.4B25%
Building Automation$7.4B20%
Energy and Sustainability Solutions$3.1B8%
Pampa Energia SA ADR · by segments, 2021
Generation$656M44%
Petrochemicals$490M32%
Oil And Gas Segment$340M23%
Holding And Others$22M1%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open HON in InvestinglyQuestions
Which is bigger, Honeywell International or Pampa Energia SA ADR?
Honeywell International (HON), at $135.2B against $4.5B.
Is HON or PAM cheaper?
By trailing P/E, Honeywell International (8.49x) is cheaper than Pampa Energia SA ADR (174.7x). A lower multiple can also mean the market expects less growth.
Which grows faster, HON or PAM?
Pampa Energia SA ADR: revenue grew +8.3% over the last year, against +4.3%.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.