Stocks · Industrials · Conglomerates
Honeywell International Inc. HON
$213.99 +0.09% Close, Oct 2, 2026 · NASDAQ · Market cap $67.82B
Inexpensive vs sectorLow risk
Next earnings report: Oct 22, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- At 8.3× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +16.6%).
- Diluted EPS over the last four quarters was $25.75, up 46.5% year over year.
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 7%
- EPS growth (TTM, YoY)Top 23%
- FCF growth (TTM, YoY)Bottom 31%
- Revenue growth, 3-year CAGRBottom 37%
- Revenue growth accelerationBottom 13%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 45%
- Gross marginTop 32%
- Operating marginTop 25%
- Cash conversion (OCF / net income)Bottom 8%
- Accruals (lower is better)Bottom 5%
- Net debt / EBITDA (lower is better)Bottom 49%
- Interest coverBottom 49%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 2%
- Free-cash-flow yieldTop 23%
- EBITDA / enterprise valueTop 8%
- Sales / enterprise valueBottom 42%
- P/E vs own 5-year history (lower is better)Top 6%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 39%
- 6-month returnBottom 29%
- 1-year return vs S&P 500Bottom 46%
- Distance from 52-week highTop 34%
- Trend checklist (0–4)Bottom 40%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 26%
- Consecutive EPS beatsTop 5%
- Share of analysts rating BuyTop 36%
- Upside to consensus price targetBottom 35%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 13%
- Maximum drawdown, 3 yearsTop 3%
- Beta vs S&P 500 (lower is better)Top 24%
- Net debt / EBITDA (lower is better)Bottom 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -6.3% | -9.7% | ↓ |
| EPS growth (YoY) | -26.2% | 46.5% | ↑ |
| Gross margin | 38.1% | 36.6% | ↓ |
| Operating margin | 19.8% | 14.1% | ↓ |
| FCF margin | 13.0% | 11.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -9.7% | -6.3% | ↓ | Bottom 7% |
| EPS growth (TTM, YoY) | 46.5% | -26.2% | ↑ | Top 23% |
| Gross margin | 36.6% | 38.1% | ↓ | Top 32% |
| Operating margin | 14.1% | 19.8% | ↓ | Top 25% |
| Net margin | 22.7% | 14.3% | ↑ | — |
| Free-cash-flow margin | 11.4% | 13.0% | ↓ | — |
| Return on invested capital | 6.6% | — | Top 45% | |
| Revenue growth, 3-year CAGR | 1.8% | — | Bottom 37% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.62×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 4.0%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +2.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.01×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 4.53%
- Net buyback yield (TTM)
- 1.27%
- Shareholder yield
- 5.80%
- Share count change, 1 year
- -0.5%
- Share count change, 3-year CAGR
- -1.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 23, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +16.6%
- Average 2-day reaction, last 8
- +0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $259.25
- Target vs current price
- +21.2%
- Analysts with a rating
- 30
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 23, 2026 | +8.3% | +5.7% | +3.5% | -4.8% | — |
| Apr 23, 2026 | +40.4% | -2.6% | -4.4% | -1.2% | -2.0% |
| Jan 29, 2026 | +2.0% | +4.9% | +8.6% | +11.2% | -1.6% |
| Oct 23, 2025 | +15.6% | +6.8% | +3.0% | -2.1% | +10.4% |
| Jul 24, 2025 | +3.4% | -6.2% | -7.1% | -9.3% | -15.1% |
| Apr 29, 2025 | +13.6% | +5.4% | +6.8% | +12.9% | +11.9% |
| Feb 6, 2025 | +6.5% | -5.6% | -7.8% | -5.0% | -3.7% |
| Oct 24, 2024 | +3.2% | -5.1% | -7.3% | +2.9% | +1.2% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 23, 2026 | $1.95 | $1.80 | +8.3% | $5.19B |
| Apr 23, 2026 | $2.57 | $1.83 | +40.4% | $9.14B |
| Jan 29, 2026 | $5.18 | $5.08 | +2.0% | $9.76B |
| Oct 23, 2025 | $5.64 | $4.88 | +15.6% | $10.41B |
| Jul 24, 2025 | $5.50 | $5.32 | +3.4% | $10.35B |
| Apr 29, 2025 | $5.02 | $4.42 | +13.6% | $9.82B |
| Feb 6, 2025 | $4.94 | $4.64 | +6.5% | $10.09B |
| Oct 24, 2024 | $5.16 | $5.00 | +3.2% | $9.73B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 8.3× | 12.0× | 0th | Top 2% |
| P/E (forward) | 25.8× | — | — | — |
| EV / EBITDA | 7.4× | — | — | Top 8% |
| EV / Sales | 2.58× | — | — | Bottom 42% |
| Free-cash-flow yield | 6.07% | — | — | Top 23% |
| Earnings yield | 12.03% | — | — | Top 2% |
P/E over the past five years
Range 9.6× – 17.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +3.0%
- Earnings per share growth (TTM)
- +46.5%
- Change in P/E multiple
- -24.2%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -3.5%
- 200-day average slope (20 days)
- +0.3%
- Distance from 50-day average
- -3.4%
- Distance from 200-day average
- -7.1%
- RSI (14)
- 52.5
- Relative volume
- 0.60×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 26.1%
- Volatility vs own 5-year history
- 82th percentile · High for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.75
- Correlation with S&P 500
- 0.44
- Current drawdown from 1-year high
- -17.7%
- Maximum drawdown, 3 years
- -22.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Aug 11, 2021 | Sep 30, 2022 | -28.7% | 287 days | 555 days (Dec 16, 2024) |
| Mar 2, 2026 | Sep 14, 2026 | -22.6% | 135 days | Not yet recovered |
| Dec 16, 2024 | Apr 8, 2025 | -22.5% | 76 days | 57 days (Jul 1, 2025) |
| Jul 3, 2025 | Nov 20, 2025 | -17.0% | 98 days | 46 days (Jan 29, 2026) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $67.82B
- P/E (TTM)
- 8.3
- EPS, diluted (TTM)
- $25.75
- Revenue (TTM)
- $36.13B
- Dividend yield
- 2.32%
- 52-week range
- $195.87 – $260.28
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $34.39B | $35.47B | $33.01B | $34.72B | $37.44B |
| Gross profit | $12.33B | $13.12B | $12.37B | $13.36B | $13.83B |
| Operating income | $6.20B | $6.43B | $6.11B | $6.67B | $6.57B |
| Net income | $5.54B | $4.97B | $5.66B | $5.71B | $4.73B |
| EPS (diluted) | $15.82 | $14.54 | $16.94 | $17.42 | $14.72 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.73B | $10.09B | $9.82B | $10.35B | $10.41B | $6.86B | $9.14B | $9.72B |
| Net income | $1.41B | $1.28B | $1.45B | $1.57B | $1.82B | -$115.0M | $821.0M | $5.68B |
| EPS (diluted) | $4.32 | $3.92 | $4.44 | $4.90 | $5.72 | -$0.36 | $2.58 | $17.81 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $6.04B | $5.27B | $5.34B | $6.10B | $6.38B |
| Capital expenditure | -$895.0M | -$766.0M | -$741.0M | -$871.0M | -$986.0M |
| Free cash flow | $5.14B | $4.51B | $4.60B | $5.23B | $5.39B |
| Dividends paid | -$2.63B | -$2.72B | -$2.85B | -$2.90B | -$2.98B |
| Net share buybacks | -$3.15B | -$3.88B | -$3.52B | -$1.12B | -$3.57B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $9.20B
- Total assets
- $77.34B
- Total liabilities
- $52.12B
- Total debt
- $33.99B
- Net debt
- $25.24B
- Shareholders’ equity
- $25.23B
As of Jun 30, 2026 (filed Jul 23, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Nov 13, 2026 | $0.70 | Dec 4, 2026 |
| Aug 14, 2026 | $0.70 | Sep 4, 2026 |
| May 15, 2026 | $1.19 | Jun 5, 2026 |
| Feb 27, 2026 | $1.19 | Mar 13, 2026 |
| Nov 14, 2025 | $1.19 | Dec 5, 2025 |
| Aug 15, 2025 | $1.13 | Sep 5, 2025 |
| May 16, 2025 | $1.13 | Jun 6, 2025 |
| Feb 28, 2025 | $1.13 | Mar 14, 2025 |
Short interest
- Shares sold short
- 7,412,135
- Days to cover
- 2.83
- Change vs previous report
- +15.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jun 28, 2026
- 1,907-for-2,000
- Oct 28, 2018
- 1,011-for-1,000
- Sep 16, 1997
- 2-for-1
- Mar 15, 1994
- 2-for-1
- May 30, 1984
- 3-for-2