Honeywell International (HONIV) Financials
Newest figures come from the filing for Q1 FY2026, filed Apr 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HONIV SEC filings page.
Honeywell International Inc. (HONIV) reported $37.7B in revenue over the twelve months to Mar 31, 2026, up 6.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
Financial Health Signals
We do not publish a peer-relative financial health score for Honeywell International Inc., because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Honeywell International Inc. passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
For every $1 of reported earnings, Honeywell International Inc. generates $1.36 in operating cash flow ($6.4B OCF vs $4.7B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Honeywell International Inc. earns $6.05 in operating income for every $1 of interest expense ($8.1B vs $1.3B). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Honeywell International Inc. generated $9.1B in revenue in Q1 2026. This represents an increase of 2.4% from the same quarter a year earlier. Against the prior quarter it is down 6.3%.
Honeywell International Inc.'s EBITDA was $2.5B in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.8% from the same quarter a year earlier.
Honeywell International Inc. reported $821.0M in net income in Q1 2026. This represents a decrease of 43.3% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Honeywell International Inc. earned $1.29 per diluted share (EPS) in Q1 2026. This represents a decrease of 41.9% from the same quarter a year earlier. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
Honeywell International Inc. recorded an outflow of $873.0M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents a decrease of 314.5% from the same quarter a year earlier. Against the prior quarter it is down 176.2%.
Honeywell International Inc. held $12.0B in cash against $29.0B in long-term debt as of Q1 2026.
Honeywell International Inc. paid $1.19 per share in dividends in Q1 2026. This represents an increase of 5.3% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
Honeywell International Inc.'s gross margin was 38.7% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.
Honeywell International Inc.'s operating margin was 23.3% in Q1 2026, reflecting core business profitability. This is up 0.9 percentage points from the same quarter a year earlier.
Honeywell International Inc.'s net profit margin was 9.0% in Q1 2026, showing the share of revenue converted to profit. This is down 7.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.2 percentage points.
Honeywell International Inc.'s quarterly ROE was 6.0% in Q1 2026: one quarter's net income over shareholder equity, not annualized. This is down 2.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.9 percentage points.
Capital Allocation
Honeywell International Inc. invested $492.0M in research and development in Q1 2026. This represents an increase of 18.3% from the same quarter a year earlier.
Honeywell International Inc. spent $1.0B on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 47.4% from the same quarter a year earlier. Against the prior quarter it is up 900.0%.
Honeywell International Inc. invested $223.0M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 17.4% from the same quarter a year earlier. Against the prior quarter it is up 284.5%.
HONIV Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1B+2.4% | $9.8B+6.4% | $9.4B+7.0% | $9.3B+8.7% | $8.9B+9.4% | $9.2B+58.4% | $8.8B-4.3% | $8.6B-6.3% |
| Cost of Revenue | $5.6B+2.6% | N/A | $6.9B+14.8% | $6.3B+8.1% | $5.5B-2.1% | N/A | $6.0B+5.4% | $5.9B+4.1% |
| Gross Profit | $3.5B+2.2% | $3.5B+3.1% | $3.2B-5.4% | $3.7B+9.3% | $3.5B+7.4% | $3.4B+73.1% | $3.4B-3.5% | $3.4B-4.8% |
| R&D Expenses | $492.0M+18.3% | N/A | $497.0M+35.1% | $481.0M+25.9% | $416.0M+15.6% | N/A | $368.0M+1.1% | $382.0M+1.9% |
| SG&A Expenses | $1.3B0.0% | N/A | $1.3B-7.3% | $1.4B+4.9% | $1.3B+0.6% | N/A | $1.4B+11.7% | $1.4B+7.8% |
| Operating Income | $2.1B+6.3% | N/A | $2.4B+4.8% | $2.4B+7.6% | $2.0B-4.4% | N/A | $2.3B+5.8% | $2.2B+4.1% |
| EBITDA | $2.5B+6.8% | N/A | $2.8B+5.7% | $2.8B+10.4% | $2.3B-2.4% | N/A | $2.7B | $2.5B |
| Interest Expense | $356.0M+24.9% | N/A | $354.0M+19.2% | $330.0M+32.0% | $285.0M+29.5% | N/A | $297.0M+44.2% | $250.0M+33.7% |
| Income Tax | $91.0M-75.3% | N/A | $363.0M-11.2% | $302.0M-27.1% | $369.0M-6.8% | N/A | $409.0M-9.5% | $414.0M+2.7% |
| Net Income | $821.0M-43.3% | -$115.0M-108.9% | $1.8B+29.2% | $1.6B+1.6% | $1.4B-0.9% | $1.3B+1.7% | $1.4B-6.7% | $1.5B+3.9% |
| EPS (Basic) | $1.29-42.4% | -$0.18-109.1% | $2.87+32.3% | $2.46+3.8% | $2.240.0% | $1.98 | $2.17-5.2% | $2.37+5.8% |
| EPS (Diluted) | $1.29-41.9% | -$0.18-109.2% | $2.86+32.4% | $2.45+3.8% | $2.22-0.4% | $1.96 | $2.16-4.8% | $2.36+6.3% |
| Diluted Shares (Avg) | 638M-2.0% | N/A | 639M-2.3% | 641M-2.0% | 652M-0.7% | N/A | 654M-1.9% | 654M-2.4% |
HONIV Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $74.0B-1.6% | $73.7B-2.0% | $80.9B+10.1% | $78.4B+13.1% | $75.2B+14.6% | $75.2B+22.2% | $73.5B+19.9% | $69.3B+11.2% |
| Current Assets | $30.6B+10.7% | $30.4B+8.9% | $30.7B+9.2% | $28.0B+10.2% | $27.6B+0.8% | $27.9B+18.7% | $28.2B+20.8% | $25.4B+4.9% |
| Cash & Equivalents | $12.0B+24.0% | $12.5B+26.1% | $12.9B+21.5% | $10.3B+8.1% | $9.7B-17.9% | $9.9B+25.0% | $10.6B+37.0% | $9.6B+11.0% |
| Inventory | $6.4B-3.7% | $6.2B+4.7% | $7.1B+12.3% | $7.0B+10.9% | $6.6B+4.6% | $5.9B-4.8% | $6.3B+5.6% | $6.3B+7.4% |
| Accounts Receivable | $8.1B-2.3% | $7.6B+5.2% | $8.9B+13.2% | $8.8B+13.7% | $8.3B+10.4% | $7.2B-3.8% | $7.9B+0.7% | $7.8B-2.9% |
| Goodwill | $21.1B-4.3% | $21.1B+0.3% | $23.7B+11.5% | $23.8B+14.3% | $22.0B+22.4% | $21.0B+21.9% | $21.3B+19.5% | $20.8B+16.0% |
| Total Liabilities | $60.4B+4.6% | $59.8B+5.7% | $64.1B+14.4% | $62.3B+19.0% | $57.8B+17.4% | $56.6B+23.9% | $56.1B+27.3% | $52.4B+16.3% |
| Current Liabilities | $22.1B+0.1% | $23.4B+10.2% | $22.6B+15.9% | $21.6B+2.7% | $22.1B+33.9% | $21.3B+14.7% | $19.5B+13.4% | $21.0B+22.5% |
| Non-Current Liabilities | $38.3B+7.4% | $36.4B+3.0% | $41.5B+13.5% | $40.7B+29.9% | $35.7B+9.1% | $35.3B+30.2% | $36.6B+36.2% | $31.3B+12.5% |
| Long-Term Debt | $29.0B+12.7% | $27.1B+6.7% | $30.1B+16.0% | $30.2B+44.6% | $25.7B+16.1% | $25.4B+38.6% | $25.9B+41.3% | $20.9B+12.5% |
| Total Equity | $13.6B-22.2% | $13.9B-25.3% | $16.8B-3.6% | $16.1B-5.0% | $17.5B+6.1% | $18.6B+17.4% | $17.4B+1.0% | $16.9B-2.0% |
| Retained Earnings | $51.0B-1.0% | $51.0B+0.3% | $53.5B+6.4% | $52.4B+5.7% | $51.5B+5.8% | $50.8B+6.0% | $50.3B+6.0% | $49.6B+6.4% |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
HONIV Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$650.0M-208.9% | $1.2B-47.2% | $3.3B+64.6% | $1.3B-3.8% | $597.0M+33.3% | $2.3B-22.8% | $2.0B+10.4% | $1.4B+0.8% |
| Depreciation & Amortization | $357.0M+9.8% | N/A | $397.0M+11.2% | $404.0M+30.7% | $325.0M+11.7% | N/A | $357.0M | $309.0M |
| Stock-Based Compensation | $57.0M-3.4% | N/A | -$36.0Mn/m | -$57.0Mn/m | $59.0M+11.3% | N/A | -$45.0M | -$55.0M |
| Capital Expenditures | $223.0M+17.4% | $58.0M-42.0% | $374.0M+34.1% | $364.0M+40.5% | $190.0M-18.5% | $100.0M+51.5% | $279.0M+12.0% | $259.0M+11.2% |
| Free Cash Flow | -$873.0M-314.5% | $1.1B-47.5% | $2.9B+69.6% | $955.0M-14.1% | $407.0M+89.3% | $2.2B-24.5% | $1.7B+10.1% | $1.1B-1.3% |
| Investing Cash Flow | -$119.0Mn/m | -$343.0Mn/m | -$488.0Mn/m | -$1.5Bn/m | -$371.0Mn/m | -$2.0Bn/m | -$2.8Bn/m | -$5.1Bn/m |
| Financing Cash Flow | $267.0Mn/m | -$1.3Bn/m | -$219.0M-112.4% | $759.0M-52.6% | -$1.2B-131.9% | -$219.0Mn/m | $1.8Bn/m | $1.6B+44.3% |
| Dividends Paid | $781.0M+6.7% | $762.0M+2.8% | $735.0M+2.8% | $747.0M+0.5% | $732.0M+4.1% | $741.0M+4.2% | $715.0M-1.8% | $743.0M+7.5% |
| Share Buybacks | $1.0B-47.4% | $100.0M-78.0% | $100.0Mn/m | $1.7B+221.7% | $1.9B+183.5% | $455.0M-70.2% | $0-100.0% | $529.0M+10.9% |
HONIV Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'26Filing | Q4'25Filing | Q3'25Filing | Q2'25Filing | Q1'25Filing | Q4'24Filing | Q3'24Filing | Q2'24Filing |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.7%-0.1pp | 35.6%-1.1pp | 34.3%-4.5pp | 39.3%+0.2pp | 38.8%-0.7pp | 36.7%+3.1pp | 38.8%+0.3pp | 39.1%+0.6pp |
| Operating Margin | 23.3%+0.9pp | N/A | 25.5%-0.5pp | 25.4%-0.3pp | 22.4%-3.2pp | N/A | 26.0%+2.5pp | 25.7%+2.5pp |
| Net Margin | 9.0%-7.3pp | -1.2%-15.2pp | 19.3%+3.3pp | 16.8%-1.2pp | 16.2%-1.7pp | 14.0%-7.8pp | 16.0%-0.4pp | 18.0%+1.8pp |
| Return on Equity | 6.0%-2.3pp | -0.8%-7.7pp | 10.9%+2.8pp | 9.8%+0.6pp | 8.3%-0.6pp | 6.9%-1.1pp | 8.1%-0.7pp | 9.1%+0.5pp |
| Return on Assets | 1.1%-0.8pp | -0.2%-1.9pp | 2.3%+0.3pp | 2.0%-0.2pp | 1.9%-0.3pp | 1.7%-0.3pp | 1.9%-0.6pp | 2.2%-0.2pp |
| Current Ratio | 1.39+0.1x | 1.300.0x | 1.36-0.1x | 1.29+0.1x | 1.25-0.4x | 1.310.0x | 1.44+0.1x | 1.21-0.2x |
| Debt-to-Equity | 2.13+0.7x | 1.95+0.6x | 1.79+0.3x | 1.87+0.6x | 1.47+0.1x | 1.37+0.2x | 1.49+0.4x | 1.23+0.2x |
| Liabilities-to-Equity | 4.44+1.1x | 4.30+1.3x | 3.82+0.6x | 3.87+0.8x | 3.31+0.3x | 3.04+0.2x | 3.22+0.7x | 3.09+0.5x |
| Asset Turnover | 0.120.0x | 0.130.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x |
| FCF Margin | -9.6%-14.1pp | 11.7%-12.0pp | 30.9%+11.4pp | 10.2%-2.7pp | 4.6%+1.9pp | 23.8%-26.1pp | 19.5%+2.5pp | 13.0%+0.7pp |
Where Honeywell International Inc. Ranks
Frequently Asked Questions
Honeywell International Inc. (HONIV) reported $37.4B in total revenue for fiscal year 2025. This represents a 7.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Honeywell International Inc. (HONIV) revenue grew by 7.8% year-over-year, from $34.7B to $37.4B in fiscal year 2025.
Yes, Honeywell International Inc. (HONIV) reported a net income of $4.1B over the trailing 12 months to March 31, 2026. In fiscal year 2025 it reported a net income of $4.7B, with a net profit margin of 12.6%.
Honeywell International Inc. (HONIV) had EBITDA of $9.5B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
As of fiscal year 2025, Honeywell International Inc. (HONIV) had $12.5B in cash and equivalents against $27.1B in long-term debt.
Honeywell International Inc. (HONIV) had a gross margin of 36.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
Honeywell International Inc. (HONIV) had an operating margin of 21.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
Honeywell International Inc. (HONIV) had a net profit margin of 12.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Yes, Honeywell International Inc. (HONIV) paid $4.58 per share in dividends during fiscal year 2025.
Honeywell International Inc. (HONIV) has a return on equity of 34.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
Honeywell International Inc. (HONIV) generated $5.4B in free cash flow during fiscal year 2025. This represents a 3.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Honeywell International Inc. (HONIV) generated $6.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Honeywell International Inc. (HONIV) had $73.7B in total assets as of fiscal year 2025, including both current and long-term assets.
Honeywell International Inc. (HONIV) invested $986.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
Honeywell International Inc. (HONIV) invested $1.8B in research and development during fiscal year 2025.
Honeywell International Inc. (HONIV) had a current ratio of 1.30 as of fiscal year 2025, which is considered adequate.
Honeywell International Inc. (HONIV) had a debt-to-equity ratio of 1.95 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
Honeywell International Inc. (HONIV) had a liabilities-to-equity ratio of 4.30 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
Honeywell International Inc. (HONIV) had a return on assets of 6.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Honeywell International Inc. (HONIV) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Honeywell International Inc. (HONIV) has an earnings quality ratio of 1.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Honeywell International Inc. (HONIV) has an interest coverage ratio of 6.05x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.