Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies, industrial automation, energy and sustainability solutions, and building automation. Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around one third of its revenue from recurring aftermarket services.
Employees102,000IPOFeb 24, 2017SIC6719HQ855 South Mint Street, Charlotte, NC, USA, 28202
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Financials (EUR)
Profitability
Metric
Current
Margins
Gross Margin
36.8%
Operating Margin
18.2%
EBITDA Margin
23.5%
Net Margin
12.7%
OCF Margin
15.7%
FCF Margin
12.6%
Returns on Capital
ROE
29.7%
ROA
6.7%
ROIC
10.4%
ROCE
14.6%
ROC (Greenblatt)
99.6%
3Y ROIIC
7.6%
Consistency
Years Profitable / 10Y
10
Valuation
Metric
Current
Earnings Multiples
P/E (TTM)
29.83
Forward P/E
23.13
P/E ex-NRI
22.34
Shiller P/E (CAPE)
27.99
Cash Flow Multiples
P/FCF
29.49
P/OCF
23.82
P/Owner Earnings
28.34
FCF Yield
3.46%
Enterprise Value Multiples
EV / EBIT
21.58
EV / Forward EBIT
18.11
EV / EBITDA
18.07
EV / Forward EBITDA
17.20
EV / Revenue
4.25
EV / Forward Revenue
4.40
Asset / Sales
P/S
3.80
P/B
9.80
P/Tangible Book
—
Growth-Adjusted
PEG
3.92
Capital Returns
Metric
Current
Dividends
Dividend Yield (TTM)
1.93%
Forward Dividend Yield
1.95%
3Y Dividend Growth
4.9%
Payout Ratio
0.43
5Y Yield on Cost
2.44%
Buybacks & Dilution
3Y Buyback Ratio
1.70%
5Y Share Change
−9.6%
Combined
Shareholder Yield
0.22%
Balance Sheet
Metric
Current
Leverage
Debt / Equity
2.24
Gross Debt / EBITDA
3.65
Cash / Debt
0.37
Equity / Assets
0.21
Coverage
Interest Coverage
5.47
Short-Term Liquidity
Current Ratio
1.32
Quick Ratio
1.05
Cash Ratio
0.55
Composite Scores
Piotroski F-Score
6
Altman Z-Score
2.57
Split History
Date
Split
No split history found.
Ex-date
Amount
Pay date
2026-02-27
$1.19
2026-03-13
2025-11-14
$1.19
2025-12-05
2025-08-15
$1.13
2025-09-05
2025-05-16
$1.13
2025-06-06
2025-02-28
$1.13
2025-03-14
2024-11-15
$1.13
2024-12-06
2024-08-16
$1.08
2024-09-06
2024-05-16
$1.08
2024-06-07
2024-02-29
$1.08
2024-03-15
2023-11-09
$1.08
2023-12-01
10 of 40
View allDate
Transcript
Type
2026-08-11
Honeywell International Inc at Deutsche Bank Chicago Industrials Summit Transcript
Conference Presentations
2026-07-23
Q2 2026 Honeywell International Inc Earnings Call Transcript
Earnings Call
2026-06-11
Honeywell Investor Day Transcript
Analyst/Investor Call
2026-06-08
Honeywell International Inc Guidance Update Call Transcript
Guidance Call
2026-05-19
Honeywell International Inc at Wolfe Research Global Transportation & Industrials Conference Transcript
Conference Presentations
2026-04-23
Q1 2026 Honeywell International Inc Earnings Call Transcript
Earnings Call
2026-03-17
Honeywell International Inc at JPMorgan Industrials Conference Transcript
Conference Presentations
2026-03-17
Honeywell International Inc at Bank of America Global Industrials Conference Transcript
Conference Presentations
2026-02-18
Honeywell International Inc at Citi Global Industrial Tech and Mobility Conference Transcript
Conference Presentations
2026-02-17
Honeywell International Inc at Barclays Industrial Select Conference Transcript
Conference Presentations
10 of 106
5-Step DuPont Analysis
ROE %
29.11%
×
×
Net Margin %
12.78%
×
×
Operating Margin %
18.29%
Operating Income
€6.45B
÷
Revenue
€35.26B
×
Tax Burden
0.7790
Net Income
€4.51B
÷
Pretax Income
€5.79B
×
Interest Burden
0.8975
Pretax Income
€5.79B
÷
Operating Income
€6.45B
×
Asset Turnover
0.52
÷
Revenue
€35.26B
÷
Average Total Assets
€67.55B
Begin Total Assets
€71.81B
End Total Assets
€63.29B
×
Equity Multiplier
4.36
÷
Avg Total Assets
€67.55B
÷
Avg Stockholders Equity
€15.48B
Begin Equity
€17.78B
End Equity
€13.19B