Home Compare HO.PA vs RTX
Stock Comparison · Industry comparison · Aerospace & Defense

Thales vs RTX: Which Stock Looks Stronger in 2026?

RTX holds the cleaner structural position, with growth as the main driver and profitability adding further support. Thales still has the edge on profitability, which keeps the comparison from looking entirely one-sided. The market setup is mixed, without a decisive signal in either direction. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (HO.PA: STOXX 600, RTX: Russell 1000).

Updated 2026-08-16

Growth remains the main source of distance in the comparison.

INDUSTRY COMPARISON

Both operate in: Aerospace & Defense

This comparison is based on industry proximity, not on functional trajectory similarity. HO.PA and RTX share the same industry classification.

For a similarity-based comparison, see how Thales and RTX each position within their functional peer groups in AssetNext.

Peer-Relative Score
HO.PA
Thales S.A.
53
Peer-Score
Signal qualityMedium
Peer basis: STOXX 600
vs
RTX
RTX Corporation
59
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: HO.PA vs RTX Profitability 87 59 Stability 71 64 Valuation 35 56 Growth 13 58 HO.PA RTX
Gap Ranking
#1 Growth +45
#2 Profitability +28
#3 Valuation +21
#4 Stability +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for HO.PA and RTX Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer HO.PARTX Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for RTX Corporation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where HO.PA and RTX each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY HO.PA Elevated · above norm 0th 50th 100th 0 pct gap RTX Elevated · above norm 0th 50th 100th 99th 99th
HO.PA (99th percentile) and RTX (99th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
RTX Corporation sits in the stronger part of the group on growth, while Thales S.A. is closer to mid-pack.
Profitability
Both profiles are strong on profitability, but Thales S.A. leads clearly.
Growth — Dominant Gap
HO.PA
13
RTX
58
Gap+45in favour of RTX

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Capital efficiency also runs the other way, with a 13.1-point ROIC edge acting as a real counterforce.

What this means for the comparison

Growth settles the comparison, while pricing and profitability keep the broader setup from looking fully aligned.

Explore full peer positioning in AssetNext

Break down the HO.PA vs RTX comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how HO.PA and RTX each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.