COMPARE · Reviewed July 29, 2026
HONA vs LMT
Verdict: Side-by-side breakdown using the Bull Rankings model. HONA scored 72.0, LMT scored 68.4 — HONA leads.
Compare another set
HONA
Honeywell Aerospace Inc.
72
$201.09 · $63.7B
Score gap
3.6
HONA leads
LMT
Lockheed Martin Corporation
68.4
$571.28 · $131.8B
fundamentals as of
The model, pillar by pillar (0–100 each)
HONA
stronger →← stronger
LMT
83
Qualityreturns · margins · balance sheet
81
82
Growthrevenue & earnings expansion
67
84
Valuevaluation vs sector peers
59
HONA is stronger on 3 of 3 pillars.
Fundamentals, head-to-head
HONA
LMT
—
FCF
$8.7bB+
+12.7%B+
Rev
+7.2%B
—
D/E
2.34D
42.2xC+
P/E
21.1xB+
0.92B+
PEG
1.22B
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
HONA
LMT
—
Price vs fair valuelower is cheaper
7% below
—
Growth the price implies10-yr FCF · lower = less priced in
~4%/yr
—
1-yr DCF upside
+2%
—
5-yr DCF upside
+8%
—
10-yr DCF upside
+17%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
HONA
Why this score
- Short track record
LMT
Why this score
- Durable high returns
The companies
HONAHoneywell Aerospace Inc.
Why now
Aerospace & Defense · market cap $63.7b. Down 32% from 52-week high of $297.50 — deep drawdown territory. Revenue growing +13%, comfortably above the S&P median. PEG 0.92 — paying under fair value for the growth rate. 12 sell-side analysts rate this a Buy with a mean 1-yr target of $260.50 (implying +30% upside).
Moat
Net margin 14% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. $63.7b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Down 32% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. Trailing P/E 42x sits well above the S&P median (~20x) — multiple compression is a real risk if revenue growth decelerates.
LMTLockheed Martin Corporation
Why now
Aerospace & Defense · market cap $131.8b. 17% off the 52-week high of $692.00. 19 sell-side analysts rate this a Hold with a mean 1-yr target of $628.21 (implying +10% upside).
Moat
ROE 72% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which. FCF converts 139% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined. $131.8b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
D/E 2.34 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.