HON

Honeywell International Inc.

Fundamental data last updated:May 19, 2026

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company profile

SECTOR

Industrials

industry

Conglomerates

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

07/23/2026

Business Summary

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; thermal systems, as well as wireless connectivity and management services. The company's Honeywell Building Technologies segment offers software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. Its Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as provides reduced and low global-warming-potential materials based on hydrofluoro-olefin technology. The company's Safety and Productivity Solutions segment provides personal protection equipment, apparel, gear, and footwear; gas detection technology; cloud-based notification and emergency messaging; mobile devices and software; supply chain and warehouse automation equipment, and software solutions; custom-engineered sensors, switches, and controls; and data and asset management productivity software solutions. The company was founded in 1906 and is headquartered in Charlotte, North Carolina.

 


VALUATION

P/E

32.92

Market Cap ($M USD)

$134.79B

Forward P/E

15.16

PEG

0.13

PRICE TO SALES

3.67

PRICE TO BOOK

6.34

EV / EBITDA

23.89

5-Year Average P/E

Free Cash Flow Yield

3.10%

DCF Value

$243.52

Graham Number

$69.87

Price to FCF

32.29

EV to FCF

37.48

Earnings Yield

3.04%

FCF Yield

3.10%

DIVIDEND

Yield

2.71%

Annual Payout

$5.77

Payout Ratio

73.76%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$6.46

Next Year EPS Growth Estimate

$14.04

Next Year Revenue Growth Estimate

$4.77T

Return on Equity (ROE)

23.56%

FREE CASH FLOW

Operating Margin

14.87%

Debt-to-Equity

2.24

Piotroski F-Score

7

Altman Z-Score

2.44

Return on Invested Capital (ROIC)

10.54%

Current Ratio

1.39

Quick Ratio

1.10

Net Debt to EBITDA

3.31

Interest Coverage

3.87

Gross Profit margin

36.95%

FCF PER SHARE

$6.58

REVENUE PER SHARE

$57.92

Gainseekers Quantitative Analysis

Summary

Honeywell International Inc. presents a compelling yet complex valuation narrative. Recent pricing indicated it traded below its DCF value, suggesting potential undervaluation. However, the Price/Earnings ratio is elevated, hinting at market optimism or overvaluation. The Forward P/E is more reasonable, reflecting expected growth, while the Earnings Yield is modest, indicating limited immediate returns. The Altman Z-score suggests moderate financial stability, but not without risk.

AI Exposure / Tech Reliance

Positioned within the Industrials sector, Honeywell is well-suited to leverage AI and technological advancements. As a conglomerate, its diverse operations provide resilience against tech disruptions. This adaptability is crucial for maintaining competitive advantage in a rapidly evolving market.

The Bull Case

For the value or GARP investor, Honeywell's strengths are undeniable. A robust ROIC of 10.54% highlights efficient capital use, while a Piotroski F-Score of 7 indicates solid financial health. The company's operating margin of 14.87% underscores its pricing power, and a respectable FCF Yield, despite being low, suggests potential for future cash flow improvements. These metrics collectively paint a picture of a company with strong institutional tailwinds.

The Bear Case

Yet, Honeywell is not without its pitfalls. The Price/Book ratio of 6.347 and Price/Sales of 3.67 suggest a premium valuation, potentially overextended. The EV to EBITDA multiple is high, raising concerns about cash flow efficiency. Additionally, the Net Debt to EBITDA ratio of 3.31 indicates significant leverage, which could pose risks in a rising interest rate environment. These factors warrant caution for the discerning investor.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$243.83

Institutional Ownership %

1-Year Beta

0.81

Insider Buying % (6 Mo)

Distance to 52-Week High

16.67%

Distance to 52-Week Low

12.20%

EARNINGS SURPRISE %

5.60%

50-DAY SMA

$224.97

200-DAY SMA

$211.36

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.