Stocks · Industrials · Aircraft Engines & Engine Parts

Honeywell Technologies

HON Clue Score40
United States Fiscal year ends December CIK 0000773840
$207.73 +0.55% Close, 9 Oct 2026
Price $207.73 −3.51% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue39.30Net income4.81EPS, diluted6.21Fiscal year 2017Revenue40.53 +3.1%Net income1.55 −67.9%EPS, diluted2.00 −67.8%Fiscal year 2018Revenue41.80 +3.1%Net income6.77 +337.9%EPS, diluted8.98 +349.0%Fiscal year 2019Revenue36.71 −12.2%Net income6.14 −9.2%EPS, diluted8.41 −6.3%Fiscal year 2020Revenue32.64 −11.1%Net income4.78 −22.2%EPS, diluted6.72 −20.1%Fiscal year 2021Revenue34.39 +5.4%Net income5.54 +16.0%EPS, diluted7.91 +17.7%Fiscal year 2022Revenue35.47 +3.1%Operating income8.02Net income4.97 −10.4%EPS, diluted7.27 −8.1%Fiscal year 2023Revenue33.01 −6.9%Operating income7.56Net income5.66 +13.9%EPS, diluted8.47 +16.5%Fiscal year 2024Revenue34.72 +5.2%Operating income7.67Net income5.71 +0.8%EPS, diluted8.71 +2.8%Fiscal year 2025Revenue37.44 +7.8%Operating income8.13Net income4.73 −17.1%EPS, diluted7.36 −15.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 39.30 40.53 41.80 36.71 32.64 34.39 35.47 33.01 34.72 37.44
Growth +3.1% +3.1% −12.2% −11.1% +5.4% +3.1% −6.9% +5.2% +7.8%
Operating income n/a n/a n/a n/a n/a n/a 8.02 7.56 7.67 8.13
Net income 4.81 1.55 6.77 6.14 4.78 5.54 4.97 5.66 5.71 4.73
Growth −67.9% +337.9% −9.2% −22.2% +16.0% −10.4% +13.9% +0.8% −17.1%
EPS, diluted 6.21 2.00 8.98 8.41 6.72 7.91 7.27 8.47 8.71 7.36
Growth −67.8% +349.0% −6.3% −20.1% +17.7% −8.1% +16.5% +2.8% −15.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin30.9%Net margin12.2%Free cash flow margin11.2%Fiscal year 2017Gross margin30.6%Net margin3.8%Free cash flow margin12.2%Fiscal year 2018Gross margin30.5%Net margin16.2%Free cash flow margin13.4%Fiscal year 2019Gross margin33.7%Net margin16.7%Free cash flow margin16.5%Fiscal year 2020Gross margin32.1%Net margin14.6%Free cash flow margin16.2%Fiscal year 2021Net margin16.1%Free cash flow margin15.0%Fiscal year 2022Operating margin22.6%Net margin14.0%Free cash flow margin12.7%Fiscal year 2023Operating margin22.9%Net margin17.1%Free cash flow margin13.9%Fiscal year 2024Operating margin22.1%Net margin16.4%Free cash flow margin15.1%Fiscal year 2025Operating margin21.7%Net margin12.6%Free cash flow margin14.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 30.9% 30.6% 30.5% 33.7% 32.1% n/a n/a n/a n/a n/a
Operating margin n/a n/a n/a n/a n/a n/a 22.6% 22.9% 22.1% 21.7%
Net margin 12.2% 3.8% 16.2% 16.7% 14.6% 16.1% 14.0% 17.1% 16.4% 12.6%
Free cash flow margin 11.2% 12.2% 13.4% 16.5% 16.2% 15.0% 12.7% 13.9% 15.1% 14.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow5.50Capital expenditure−1.10Free cash flow4.40Buybacks−2.08Dividends paid−1.92Fiscal year 2017Operating cash flow5.97Capital expenditure−1.03Free cash flow4.94 +12.1%Buybacks−2.89Dividends paid−2.12Fiscal year 2018Operating cash flow6.43Capital expenditure−0.83Free cash flow5.61 +13.6%Buybacks−4.00Dividends paid−2.27Fiscal year 2019Operating cash flow6.90Capital expenditure−0.84Free cash flow6.06 +8.1%Buybacks−4.40Dividends paid−2.44Fiscal year 2020Operating cash flow6.21Capital expenditure−0.91Free cash flow5.30 −12.5%Buybacks−3.71Dividends paid−2.59Fiscal year 2021Operating cash flow6.04Capital expenditure−0.90Free cash flow5.14 −3.0%Buybacks−3.38Dividends paid−2.63Fiscal year 2022Operating cash flow5.27Capital expenditure−0.77Free cash flow4.51 −12.3%Buybacks−4.20Dividends paid−2.72Fiscal year 2023Operating cash flow5.34Capital expenditure−0.74Free cash flow4.60 +2.0%Buybacks−3.72Dividends paid−2.86Fiscal year 2024Operating cash flow6.10Capital expenditure−0.87Free cash flow5.23 +13.6%Buybacks−1.66Dividends paid−2.90Fiscal year 2025Operating cash flow6.41Capital expenditure−0.99Free cash flow5.42 +3.8%Buybacks−3.80Dividends paid−2.98
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 5.50 5.97 6.43 6.90 6.21 6.04 5.27 5.34 6.10 6.41
Capital expenditure −1.10 −1.03 −0.83 −0.84 −0.91 −0.90 −0.77 −0.74 −0.87 −0.99
Free cash flow 4.40 4.94 5.61 6.06 5.30 5.14 4.51 4.60 5.23 5.42
Growth +12.1% +13.6% +8.1% −12.5% −3.0% −12.3% +2.0% +13.6% +3.8%
Buybacks −2.08 −2.89 −4.00 −4.40 −3.71 −3.38 −4.20 −3.72 −1.66 −3.80
Dividends paid −1.92 −2.12 −2.27 −2.44 −2.59 −2.63 −2.72 −2.86 −2.90 −2.98

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash7.84Total debt12.41Net cash (debt)−4.57Shareholders’ equity19.37Debt to equity0.64Fiscal year 2017Cash7.06Total debt13.92Net cash (debt)−6.87Shareholders’ equity16.50Debt to equity0.84Fiscal year 2018Cash9.29Total debt12.63Net cash (debt)−3.34Shareholders’ equity18.18Debt to equity0.69Fiscal year 2019Cash9.07Total debt12.49Net cash (debt)−3.42Shareholders’ equity18.49Debt to equity0.68Fiscal year 2020Cash14.28Total debt18.79Net cash (debt)−4.51Shareholders’ equity17.55Debt to equity1.07Fiscal year 2021Cash10.96Total debt16.06Net cash (debt)−5.10Shareholders’ equity18.57Debt to equity0.86Fiscal year 2022Cash9.63Total debt16.85Net cash (debt)−7.23Shareholders’ equity16.70Debt to equity1.01Fiscal year 2023Cash7.93Total debt18.36Net cash (debt)−10.43Shareholders’ equity15.86Debt to equity1.16Fiscal year 2024Cash9.91Total debt27.27Net cash (debt)−17.36Shareholders’ equity18.62Debt to equity1.46Fiscal year 2025Cash12.49Total debt29.05Net cash (debt)−16.56Shareholders’ equity13.90Debt to equity2.09
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 7.84 7.06 9.29 9.07 14.28 10.96 9.63 7.93 9.91 12.49
Total debt 12.41 13.92 12.63 12.49 18.79 16.06 16.85 18.36 27.27 29.05
Net cash (debt) −4.57 −6.87 −3.34 −3.42 −4.51 −5.10 −7.23 −10.43 −17.36 −16.56
Shareholders’ equity 19.37 16.50 18.18 18.49 17.55 18.57 16.70 15.86 18.62 13.90
Debt to equity 0.64 0.84 0.69 0.68 1.07 0.86 1.01 1.16 1.46 2.09

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
39.30 40.53 41.80 36.71 32.64 34.39 35.47 33.01 34.72 37.44
Growth +3.1% +3.1% −12.2% −11.1% +5.4% +3.1% −6.9% +5.2% +7.8%
27.68 28.14 29.05 24.34 22.17 22.06 22.35 20.64 21.36 23.61
12.15 12.39 12.76 12.37 10.47 n/a n/a n/a n/a n/a
Growth +2.0% +3.0% −3.0% −15.4%
1.86 1.84 1.81 1.56 1.33 1.33 1.48 1.38 1.45 1.81
5.57 6.09 6.05 5.52 4.77 4.80 5.21 4.89 5.24 5.45
n/a n/a n/a n/a n/a n/a 8.02 7.56 7.67 8.13
Growth −5.7% +1.4% +6.0%
6.45 6.95 7.49 7.56 6.01 7.24 6.38 6.19 6.24 5.48
1.60 5.36 0.66 1.33 1.15 1.63 1.41 1.26 1.25 1.01
4.81 1.55 6.77 6.14 4.78 5.54 4.97 5.66 5.71 4.73
Growth −67.9% +337.9% −9.2% −22.2% +16.0% −10.4% +13.9% +0.8% −17.1%
Per share
6.30 2.03 9.10 8.52 6.79 8.01 7.33 8.53 8.76 7.40
6.21 2.00 8.98 8.41 6.72 7.91 7.27 8.47 8.71 7.36
Growth −67.8% +349.0% −6.3% −20.1% +17.7% −8.1% +16.5% +2.8% −15.5%
764.3 762.1 743.0 721.0 704.1 692.3 677.1 663.0 650.9 639.0
775.3 772.1 753.0 730.3 711.2 700.4 683.1 668.2 655.3 642.8
Growth −0.4% −2.5% −3.0% −2.6% −1.5% −2.5% −2.2% −1.9% −1.9%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 2.8% a year over five years, and earnings per share grew 1.8% a year.
  • The diluted share count fell 9.6% in five years, so buybacks did some of the work per share.
  • Profitable in every one of the 10 years on file.