Companies / Industrials
HON
Honeywell Technologies
Industrial Conglomerates
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health63
Growth42
Profitability60
Cash generation77
Balance sheet44
Dilution control92
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)1.3%Revenue growth (FY)7.8%Revenue CAGR (3y)1.8%Gross margin36.9%Operating margin21.7%Net margin12.6%Free cash flow margin14.5%R&D / revenue4.8%Stock comp / revenue0.5%Net debt / operating cash flow3.50xCurrent ratio1.30Diluted share count change-1.9%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $34.4B | $35.5B | $33.0B | $34.7B | $37.4B |
| Gross profit | $12.3B | $13.1B | $12.4B | $13.4B | $13.8B |
| Operating income | — | $8.0B | $7.6B | $7.7B | $8.1B |
| Net income | $5.5B | $5.0B | $5.7B | $5.7B | $4.7B |
| Operating cash flow | $6.0B | $5.3B | $5.3B | $6.1B | $6.4B |
| Capital expenditure | $895M | $766M | $741M | $871M | $986M |
| Free cash flow | $5.1B | $4.5B | $4.6B | $5.2B | $5.4B |
| R&D | $1.3B | $1.5B | $1.4B | $1.5B | $1.8B |
| Stock-based comp | $217M | $188M | $197M | $189M | $196M |
| Buybacks | $3.4B | $4.2B | $3.7B | $1.7B | $3.8B |
| Dividends | $2.6B | $2.7B | $2.9B | $2.9B | $3.0B |
| Cash | $11.0B | $9.6B | $7.9B | $9.9B | $12.5B |
| Total debt | $19.6B | $19.6B | $20.4B | $31.5B | $34.9B |
| Equity | $18.6B | $16.7B | $15.9B | $18.6B | $13.9B |
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