HONA vs TDG: Honeywell Aerospace and Transdigm Group compared
Transdigm Group is the larger company, worth $66.2B, about 1.4 times Honeywell Aerospace.
Honeywell Aerospace (HONA)Aerospace & Defense
$152.92$48.5B market cap
vs
Transdigm Group (TDG)Aerospace & Defense
$1,197.01$66.2B market cap
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- Transdigm Group is the larger company, worth $66.2B, about 1.4 times Honeywell Aerospace.
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | HONA | TDG |
|---|---|---|
| Market cap | $48.5B | $66.2B |
| Share price | $152.92 | $1,197.01 |
| Revenue (last fiscal year) | — | $8.8B |
| Free cash flow (last fiscal year) | — | $1.8B |
| Revenue growth, last year | — | +16.6% |
| Revenue growth per year, last 5 fiscal years | — | +16.5% |
| Operating margin | — | 46.0% |
| Net margin | — | 21.3% |
| Return on equity | — | — |
| P/E (trailing) | — | 36.3x |
| Price / free cash flow | — | 34.3x |
| EV / EBITDA | — | 19.0x |
| FCF growth the price implies | — | 12.8% |
| Dividend yield | — | — |
| Debt / equity | — | — |
| Fundamental grade | B | B |
| Superinvestors holding it | 31 | 34 |
| Insider purchases, last 12 months | 1 | 2 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Honeywell Aerospace
No statements on file.
Transdigm Group
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $4.8B | $808M | 35.2% |
| 2022 | $5.4B | $829M | 40.8% |
| 2023 | $6.6B | $1.2B | 44.4% |
| 2024 | $7.9B | $1.9B | 44.5% |
| 2025 | $8.8B | $1.8B | 47.2% |
Where the revenue comes from
Honeywell Aerospace
No segment breakdown reported.
Transdigm Group · by segments, 2025
Power & Control$4.6B52%
Airframe$4.1B47%
Non-aviation$160M2%
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open HONA in InvestinglyQuestions
Which is bigger, Honeywell Aerospace or Transdigm Group?
Transdigm Group (TDG), at $66.2B against $48.5B.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.