Price as of close on Nov 3, 2026 · Financials updated Oct 9, 2026
Basics
Sector
Industrials
Industry
Conglomerates
Country
United States
Market cap
71.0B USD
Enterprise value
91.8B USD
Full-time employees
101,000
Overall health
Strength:growing faster than most peersgrowing faster than peers
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 0.89 vs a peer median of 0.64), though less than the overall market, less short-term liquidity (current ratio 1.21 vs a peer median of 1.62) and more debt relative to equity (1.83× vs a peer median of 0.40×)higher risk: bigger price swings (beta 0.89 vs peers 0.64), less liquidity (current ratio 1.21 vs peers 1.62) and more debt vs equity (1.83× vs peers 0.40×)
Ranks #376 of 2,308 industrials companies (top 17%)
Profit isn't fully turning into cash. Free cash flow is only 49% of reported profit.
Free cash flow is only 49% of reported profit. That usually means heavy spending on facilities and equipment, or cash tied up in inventory and unpaid bills. Worth checking whether it's a phase of investment or a lasting pattern.
Borrowing rising faster than profit. Since 2022: debt +79%, operating profit +1.3%.
Honeywell International's debt grew 79% since 2022 while operating profit changed +1.3%.
Wide margins.Operating margin 22% (12 months to Jun 2026) vs a peer median of 7.7%.Operating margin 22% vs peers 7.7%.
Honeywell International keeps 22% of revenue as operating profit, more than 91% of peers (median 7.7%).
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 79 → 78
Share price +2.4%-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Honeywell International
Is Honeywell International getting weaker?
Its latest SEC filing (Jul 24, 2026) showed no major changes. Its overall score is unchanged at 68/100 since Oct 28, 2026.
How is Honeywell International valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 78/100 against 2,459 industrials peers.Earnings yield 11.6% vs a peer median of 3.8% (stronger than 93% of peers).Earnings yield 11.6% vs peers 3.8% (stronger than 93% of peers).
Is Honeywell International growing?
Yes, faster than most of its peers. Growth scores 91/100 against 2,459 industrials peers.Earnings per share growth 187.8% vs a peer median of 7.1% (stronger than 95% of peers).Earnings per share growth 187.8% vs peers 7.1% (stronger than 95% of peers).3-year revenue growth 1.7% vs a peer median of 4.2% (weaker than 61% of peers).3-year revenue growth 1.7% vs peers 4.2% (weaker than 61% of peers).
How profitable is Honeywell International?
More profitable than most of its peers. Profitability scores 92/100 against 2,459 industrials peers.Return on assets 10.6% vs a peer median of 3.1% (stronger than 94% of peers).Return on assets 10.6% vs peers 3.1% (stronger than 94% of peers).
How risky is Honeywell International?
Higher risk relative to 2,459 industrials peers, judged on debt, liquidity and share-price swings.Debt / equity 1.83× vs a peer median of 0.40× (weaker than 90% of peers).Debt / equity 1.83× vs peers 0.40× (weaker than 90% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 24, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
37.7B USD
38.1B USD
+1.1%
Net income (12 months)
4.1B USD
8.2B USD
+100.3%
Operating margin
21.9%
22.1%
+0.2 pts
Free cash flow (12 months)
4.1B USD
4.0B USD
−3.2%
Debt
36.7B USD
34.0B USD
−7.5%
Cash
12.0B USD
8.8B USD
−26.9%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Industrials · 318 companies
Valuations in Industrials are near the top of their range since 2016.
85% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +20% and earnings +14% (medians): prices and earnings moved broadly together.
Median price-to-sales is −24% vs the whole market, against a usual −31%.
2016Shaded: most expensive fifth of its range2026
Honeywell International looks cheaper than most of its peers on our valuation measures, while the Industrials sector as a whole is valued high by its own standards since 2016. Both can be true at once.
Shown for Industrials: too few Conglomerates companies have a long enough history of their own.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
—
—
—
—
—
—
Operating margin
17.0%
22.6%
22.9%
22.1%
21.7%
▼ 0.4 pts
Net margin
16.1%
14.0%
17.1%
16.4%
12.6%
▼ 3.8 pts
Return on assets (ROA)
8.6%
8.0%
9.2%
7.6%
6.4%
▼ 1.2 pts
Return on equity (ROE)
29.8%
29.7%
35.7%
30.6%
34.0%
▲ 3.4 pts
Free cash flow margin
15.0%
12.7%
13.9%
15.1%
14.5%
▼ 0.6 pts
Current ratio
1.30×
1.25×
1.27×
1.31×
1.30×
▼ 1.2%
Quick ratio
1.04×
0.98×
0.93×
1.04×
1.03×
▼ 0.1%
Debt to equity
1.06×
1.17×
1.29×
1.69×
2.51×
▲ 48%
HON price history
Price history is added with the daily price update and will appear after the next one.