(HON) Honeywell International - Overview
Sector: Industrials | Industry: Conglomerates | Exchange: NASDAQ (USA) | Market Cap: 146.722m USD | Total Return: 13.7% in 12m
Avg Turnover: 961M
EPS Trend: 5.2%
Qual. Beats: 0
Rev. Trend: 56.9%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Honeywell International Inc. is a diversified industrial conglomerate operating across four primary segments: Aerospace Technologies, Industrial Automation, Building Automation, and Energy and Sustainability Solutions. Headquartered in Charlotte, North Carolina, the company provides hardware, software, and services ranging from aircraft propulsion and avionics to building management systems and refining technologies.
The company utilizes a multi-industry business model that balances long-cycle aerospace contracts with short-cycle industrial products to mitigate sector-specific volatility. In the aerospace sector, high barriers to entry and rigorous regulatory certifications create steady revenue streams through long-term maintenance, repair, and overhaul (MRO) services.
Honeywells UOP division remains a global leader in providing licensed process technology and catalysts for the petrochemical and refining industries. Investors looking for deeper insights into these revenue segments should consult ValueRay for further analysis. The firm is increasingly pivoting toward megatrends such as automation, the future of aviation, and the energy transition to drive long-term growth.
- Aerospace segment growth driven by global commercial aviation and defense spending recovery
- Industrial automation demand shifts with warehouse robotics and supply chain software adoption
- Energy and sustainability solutions revenue tied to global refining and petrochemical capital expenditure
- Building automation margins influenced by commercial real estate modernization and energy efficiency mandates
| Net Income: 4.10b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.09 > 1.0 |
| NWC/Revenue: 23.13% < 20% (prev 14.21%; Δ 8.92% < -1%) |
| CFO/TA 0.07 > 3% & CFO 5.13b > Net Income 4.10b |
| Net Debt (22.2b) to EBITDA (6.84b): 3.25 < 3 |
| Current Ratio: 1.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (638.4m) vs 12m ago -2.04% < -2% |
| Gross Margin: 36.95% > 18% (prev 0.38%; Δ 3.66k% > 0.5%) |
| Asset Turnover: 49.28% > 50% (prev 52.14%; Δ -2.86% > 0%) |
| Interest Coverage Ratio: 3.87 > 6 (EBITDA TTM 6.84b / Interest Expense TTM 1.41b) |
| A: 0.11 (Total Current Assets 30.6b - Total Current Liabilities 22.1b) / Total Assets 74.0b |
| B: 0.69 (Retained Earnings 51.0b / Total Assets 74.0b) |
| C: 0.07 (EBIT TTM 5.47b / Avg Total Assets 74.6b) |
| D: 0.97 (Book Value of Equity 51.0b / Total Liabilities 52.7b) |
| Altman-Z'' = 4.51 = AA |
| DSRI: 1.03 (Receivables 8.06b/8.36b, Revenue 36.8b/39.2b) |
| GMI: 1.03 (GM 36.95% / 38.06%) |
| AQI: 0.98 (AQ_t 0.52 / AQ_t-1 0.54) |
| SGI: 0.94 (Revenue 36.8b / 39.2b) |
| TATA: -0.01 (NI 4.10b - CFO 5.13b) / TA 74.0b) |
| Beneish M = -3.05 (Cap -4..+1) = AA |
As of June 02, 2026, the stock is trading at USD 236.54 with a total of 4,906,067 shares traded.
Over the past week, the price has changed by +3.78%,
over one month by +11.92%,
over three months by -4.11% and
over the past year by +13.71%.
Honeywell International has received a consensus analysts rating of 3.92. Therefore, it is recommended to buy HON.
- StrongBuy: 11
- Buy: 2
- Hold: 13
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 247.2 | 4.5% |
P/E Trailing = 37.048
P/E Forward = 21.8818
P/S = 3.896
P/B = 10.7963
P/EG = 2.1044
Revenue TTM = 36.8b USD
EBIT TTM = 5.47b USD
EBITDA TTM = 6.84b USD
Long Term Debt = 29.0b USD (from longTermDebt, last quarter)
Short Term Debt = 4.63b USD (from shortTermDebt, last quarter)
Debt = 34.6b USD (from shortLongTermDebtTotal, last quarter) + Leases 983.0m
Net Debt = 22.2b USD (calculated: Debt 34.6b - CCE 12.4b)
Enterprise Value = 169b USD (147b + Debt 34.6b - CCE 12.4b)
Interest Coverage Ratio = 3.87 (Ebit TTM 5.47b / Interest Expense TTM 1.41b)
EV/FCF = 40.48x (Enterprise Value 169b / FCF TTM 4.17b)
FCF Yield = 2.47% (FCF TTM 4.17b / Enterprise Value 169b)
FCF Margin = 11.35% (FCF TTM 4.17b / Revenue TTM 36.8b)
Net Margin = 11.16% (Net Income TTM 4.10b / Revenue TTM 36.8b)
Gross Margin = 36.95% ((Revenue TTM 36.8b - Cost of Revenue TTM 23.2b) / Revenue TTM)
Gross Margin QoQ = 38.71% (prev 36.06%)
Tobins Q-Ratio = 2.28 (Enterprise Value 169b / Total Assets 74.0b)
Interest Expense / Debt = 4.08% (Interest Expense 1.41b / Debt 34.6b)
Taxrate = 10.27% (91.0m / 886.0m)
NOPAT = 4.91b (EBIT 5.47b * (1 - 10.27%))
Current Ratio = 1.39 (Total Current Assets 30.6b / Total Current Liabilities 22.1b)
Debt / Equity = 1.62 (Debt 34.6b / totalStockholderEquity, last quarter 21.3b)
Debt / EBITDA = 3.25 (Net Debt 22.2b / EBITDA 6.84b)
Debt / FCF = 5.33 (Net Debt 22.2b / FCF TTM 4.17b)
Total Stockholder Equity = 17.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.50% (Net Income 4.10b / Total Assets 74.0b)
RoE = 23.56% (Net Income TTM 4.10b / Total Stockholder Equity 17.4b)
RoCE = 11.78% (EBIT 5.47b / Capital Employed (Equity 17.4b + L.T.Debt 29.0b))
RoIC = 8.69% (NOPAT 4.91b / Invested Capital 56.5b)
WACC = 7.21% (E(147b)/V(181b) * Re(8.05%) + D(34.6b)/V(181b) * Rd(4.08%) * (1-Tc(0.10)))
Discount Rate = 8.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.11 | Cagr: -1.53%
[DCF] Terminal Value 73.10% ; FCFF base≈4.53b ; Y1≈3.97b ; Y5≈3.21b
[DCF] Fair Price = 46.22 (EV 51.5b - Net Debt 22.2b = Equity 29.3b / Shares 633.7m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 5.23 | EPS CAGR: 0.41% | SUE: 0.20 | # QB: 0
Revenue Correlation: 56.93 | Revenue CAGR: 2.45% | SUE: -0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=2.42 | Chg30d=-0.05% | Revisions=-78% | Analysts=18
EPS next Quarter (2026-09-30): EPS=2.70 | Chg30d=+0.15% | Revisions=-6% | Analysts=18
EPS current Year (2026-12-31): EPS=10.52 | Chg30d=-0.05% | Revisions=-26% | GrowthEPS=+7.6% | GrowthRev=+5.3%
EPS next Year (2027-12-31): EPS=11.46 | Chg30d=-0.22% | Revisions=+0% | GrowthEPS=+8.9% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: -78%