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Companies · HON

HON Reported this cycle

Honeywell

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Latest analysis

Updated Oct 22, 2026

Honeywell Technologies posts 7% organic growth and 370bps margin expansion in Q3 2026, its first quarter as a standalone pure-play automation company, raising full-year guidance across all metrics.

Honeywell Technologies delivered a strong inaugural quarter as a standalone pure-play automation company, with 7% organic sales growth above Investor Day targets, 370bps segment margin expansion to 21.3%, and adjusted EPS of $2.27 — up 34% year over year. All three segments contributed: PA&T grew 8% organically on LNG and petrochemical project backlog conversion, Building Automation extended its eight-quarter streak of high-single-digit growth, and Industrial Automation inflected positively on improved delivery performance and sensing demand. Management raised full-year organic growth guidance to 4%-5%, adjusted EPS to $8.40-$8.45, and free cash flow to $2.1 billion, and expects to eliminate all remaining aerospace spin-related stranded costs by year-end — six months ahead of plan.

Tone: bullish

Revenue

$37.4B

HON 10-K · FY 2025

Revenue FY2024

$38.5B

Headquarters

Charlotte, NC

Profile

HON 10-K Item 1 · Feb 17, 2026

Honeywell International Inc. is a diversified industrial technology company operating across aerospace, industrial automation, building automation, and energy and sustainability solutions. The company serves customers globally across commercial aviation, defense, manufacturing, and building management sectors. It generates revenue through both product sales and services.

Primary products

  • Building automation systems (fire, security, HVAC, BMS)
  • Industrial sensing and measurement
  • Process automation and control systems
  • Refining and petrochemical catalysts (Johnson Matthey Catalyst Technologies)
  • Forge software platform (SaaS, Plant Cognition)
  • Sundyne pumps

Business segments

Aerospace Technologies Industrial Automation Building Automation Energy and Sustainability Solutions

Geographies

United States Europe Other international

Named customers

Dangote Refinery

Revenue commentary · FY 2025

Total net sales increased from $34,717 million in 2024 to $37,442 million in 2025, driven primarily by growth in Aerospace Technologies and Energy and Sustainability Solutions segments.

The rest of HON is for subscribers

Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.

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