Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Honeywell International Inc

HON · Nasdaq · Industrial

Fundamental quality

ATTRACTIVE

77

out of 100

Honeywell International Inc is a mature, stable business: it earns money solidly (net margin 21.6%) but grows slowly (2.8% a year). On fundamental quality it scores 77 out of 100, profiling it as a company with solid fundamentals. Its weakest area is its growth (revenue +2.8%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Honeywell is a diversified industrial conglomerate. It makes everything from systems for aircraft and factory automation to building controls and advanced materials. Much of its value lies in the software and services that go with its equipment.

What will shape its future

  • The industrial and aerospace cycle, which drives demand across its main divisions.
  • The growing weight of its industrial software, more profitable and recurring than hardware.
  • Its cost discipline and the reshaping of its business portfolio.

Breakdown by area

I.Growth
64

EPS growth: 20.1% · Revenue growth: 2.8%

II.Profitability
92

Net margin: 21.6% · ROE: 44.3% · ROIC: 15.4%

III.Financial health
67

Net debt/EBITDA: 2.58x · FCF: 10.5%

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +3 for dividend strength: 15 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.

Versus its sector

Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 91%
ROEbeats 88%
Growthbeats 16%
Cash generationbeats 48%
Less debtbeats 36%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Honeywell International Inc strengths

  • Reasonable return on capital: its ROE (44.3%) is inflated by buybacks, but ROIC —which strips that out— is 15.4%.
  • High net margin (21.6%), high even for its sector: the business is clearly profitable.
  • Growing earnings per share (20.1% annualized).
  • Positive free cash flow year after year, a self-funding business.

Honeywell International Inc risks and weaknesses

  • Its net debt has grown over the period.
  • Weak revenue growth (2.8% annualized).

Honeywell International Inc historical evolution

YearRevenueNet incomeFree cash flowNet debt
202032,6374,7795,3028,109
202134,3925,5425,1438,640
202235,4664,9664,5089,943
202333,0095,6584,59912,518
202434,7175,7055,22621,193
202537,4424,7295,42222,093

Between 2020 and 2025, revenue went from $32,637M to $37,442M (+15%) and net income went from $4,779M to $4,729M (-1%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+3.4%
  • Net income+115.4%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score6477
  • Net margin10.9%21.6%
  • ROE30.2%44.3%
  • Net debt/EBITDA2.08×2.58×

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$4.58

per share, yearly

62.9% of earnings

Payout

15 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Honeywell International Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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Frequently asked questions

Is Honeywell International Inc a good company to invest in?

In terms of business quality, Honeywell International Inc scores 77 out of 100 in our analysis, placing it as a company of high fundamental quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Honeywell International Inc a profitable company?

Very. Honeywell International Inc shows a net margin of 21.6% and an ROE of 44.3%, typical of a highly profitable business.

Does Honeywell International Inc have a lot of debt?

A moderate level: its net debt is 2.58 times its EBITDA.

Is Honeywell International Inc growing?

Its revenue has grown 2.8% annualized in recent years and its earnings per share 20.1%.

Does Honeywell International Inc generate cash?

Yes. It converts about 10.5% of its revenue into free cash flow, and has done so positively year after year.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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