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Honeywell Aerospace vs Heico: HONA and HEI compared
Honeywell Aerospace is the larger company: $4.6B of revenue in its latest quarter (Q3 2026) against $1.4B for Heico (Q3 FY26). Heico is growing faster (+23% against +2% a year earlier). Heico is more profitable, with an operating margin of 25.1% against 25.0%.
Where the money goes: HONA and HEI
Honeywell Aerospace (HONA) · Q3 2026
Honeywell Aerospace, Q3 2026: revenue $4.6B (+2% year over year), operating margin 25.0%, net earnings $726M, operating cash flow $668M. The chart follows the revenue to costs, profit and cash.
Heico (HEI) · Q3 FY26
Heico, Q3 FY26: revenue $1.4B (+23% year over year), operating margin 25.1%, net earnings $235M, operating cash flow $345M. The chart follows the revenue to costs, profit and cash.
| Honeywell Aerospace (HONA) | Heico (HEI) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 FY26 |
| Revenue | $4.6B | $1.4B |
| Revenue growth, Y/Y | +2% | +23% |
| Operating margin | 25.0% | 25.1% |
| Net earnings | $726M | $235M |
| Net margin | 15.6% | 16.7% |
| Operating cash flow | $668M | $345M |
| Free cash flow | $500M | $323M |
| Market value | — | $47.2B |
| P/E | — | 51.7× |
| Analysts’ mean target | — | $390.70 |
Where the revenue comes from
Honeywell Aerospace
- Commercial Aftermarket: $2.1B (46%)
- Defense and Space: $1.8B (39%)
- Commercial Original Equipment: $690M (15%)
Questions
Which is bigger, Honeywell Aerospace or Heico?
Honeywell Aerospace is the larger company: $4.6B of revenue in its latest quarter (Q3 2026) against $1.4B for Heico (Q3 FY26).
Is Honeywell Aerospace or Heico growing faster?
Heico is growing faster (+23% against +2% a year earlier).
Which is more profitable, Honeywell Aerospace or Heico?
Heico is more profitable, with an operating margin of 25.1% against 25.0%.
More: Honeywell Aerospace earnings · how Honeywell Aerospace makes money · Heico earnings · how Heico makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Aug 27, 2026). Fiscal quarters can end on different dates. Not investment advice.