Honeywell vs Union Pacific (HON vs UNP)
Honeywell (HON) vs Union Pacific (UNP) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.
Honeywell (HON) and Union Pacific (UNP) compete in industrials. Here are Honeywell and Union Pacific side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Honeywell or Union Pacific.
Honeywell vs Union Pacific: the figures
| Figure | Honeywell | Union Pacific |
|---|---|---|
| Share price | $228.47 (November 4, 2026) | $308.53 (November 4, 2026) |
| Market cap | $72.4 billion | $183.3 billion |
| P/E (TTM) | 11.3x | 24.1x |
| Forward P/E | 23.2x | 21.4x |
| Revenue growth (quarter) | +1.3% | +15.3% |
| Net margin (TTM) | 18.7% | 28.9% |
| Net debt / EBITDA | 1.2x | 2.1x |
| Dividend yield | 1.25% | 1.87% |
| Beta | 0.88 | 0.84 |
Honeywell and Union Pacific figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Honeywell or Union Pacific figure is not available, and we never estimate it.
3 key differences between Honeywell and Union Pacific
- Valuation: Union Pacific trades at 24.1x its annual earnings and Honeywell at 11.3x; the market pays more for each dollar of Union Pacific profit, usually because it expects more growth.
- Growth: Union Pacific grew sales +15.3% year on year in its latest quarter, against +1.3% for Honeywell.
- Profitability: for every 100 of sales, Union Pacific keeps 28.9 as net profit and Honeywell keeps 18.7.
Honeywell or Union Pacific: which fits your profile
- If you want growth: Union Pacific is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
- If you want income (dividends): Union Pacific pays the higher dividend relative to its price.
- If you prefer caution: Honeywell has less debt relative to its profit, which usually gives more room in a bad year.
- If price is what matters most to you: Honeywell trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.
Neither Honeywell nor Union Pacific wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.
How Honeywell and Union Pacific make money
Honeywell (HON)
Honeywell is an industrial conglomerate. Aerospace Technologies, its largest segment, sells auxiliary power units, avionics and aftermarket parts for commercial and defense aircraft. It also reports Industrial Automation, with sensors, scanners and software for plants and warehouses, and Building Automation, with controls, security and fire safety systems for buildings. Full Honeywell analysis.
Union Pacific (UNP)
Union Pacific runs a large freight railroad across the western United States and earns money hauling goods. It splits freight revenue into three groups: Bulk, including grain, fertilizer and coal; Industrial, such as chemicals, plastics, metals and building materials; and Premium, covering intermodal containers and finished vehicles, with links to Mexico and Canada. Full Union Pacific analysis.
Frequently asked questions: Honeywell vs Union Pacific
Is Honeywell or Union Pacific the better stock?
Choosing between Honeywell and Union Pacific depends on what you are looking for. Union Pacific is growing faster right now, and Honeywell trades on the lower P/E. Fintols does not tell you whether to buy Honeywell or Union Pacific: it shows you the differences so you can decide.
Which pays a higher dividend, Honeywell or Union Pacific?
As of November 4, 2026, Union Pacific yields 1.87% and Honeywell yields 1.25%. Also check how much of their profit Honeywell and Union Pacific pay out: if it is more than they earn, it cannot last.
Which is more expensive, Honeywell or Union Pacific?
On P/E, Union Pacific (24.1x) is more expensive than Honeywell (11.3x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.
Can I own both Honeywell and Union Pacific?
Yes. Many people spread their money across several companies, such as Honeywell and Union Pacific, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Honeywell or Union Pacific.
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More companies like Honeywell and Union Pacific: industrials stocks. Educational content about Honeywell and Union Pacific, not investment advice.