Earnings summaries and quarterly performance for HONEYWELL INTERNATIONAL.
Executive leadership at HONEYWELL INTERNATIONAL.
Vimal Kapur
Detailed
Chief Executive Officer
CEO
James Currier
Detailed
President and CEO, Aerospace Technologies
Mike Stepniak
Detailed
Senior Vice President and Chief Financial Officer
Peter Lau
Detailed
President and CEO, Industrial Automation
Su Ping Lu
Detailed
Senior Vice President, General Counsel and Corporate Secretary
Board of directors at HONEYWELL INTERNATIONAL.
D. Scott Davis
Detailed
Director
Deborah Flint
Detailed
Director
Duncan Angove
Detailed
Director
Grace Lieblein
Detailed
Director
Kevin Burke
Detailed
Director
Michael Lamach
Detailed
Director
Robin Watson
Detailed
Director
Rose Lee
Detailed
Director
Stephen Williamson
Detailed
Director
William Ayer
Detailed
Lead Independent Director
Research analysts who have asked questions during HONEYWELL INTERNATIONAL earnings calls.
Christopher Snyder
Morgan Stanley
7 questions for HON
Also covers: ALH, ALLE, AME +20 more
Julian Mitchell
Barclays Investment Bank
7 questions for HON
Also covers: AIRJ, ALLE, AME +26 more
Nigel Coe
Wolfe Research, LLC
7 questions for HON
Also covers: AME, CARR, CNM +27 more
Scott Davis
Melius Research
7 questions for HON
Also covers: CARR, DD, DHR +16 more
Sheila Kahyaoglu
Jefferies
7 questions for HON
Also covers: , AAL, BA +35 more
Andrew Kaplowitz
Citigroup
5 questions for HON
Also covers: ACM, AOS, APG +29 more
Deane Dray
RBC Capital Markets
5 questions for HON
Also covers: AME, ATKR, CARR +20 more
Joe Ritchie
Goldman Sachs
4 questions for HON
Also covers: ALLE, ATS, CARR +16 more
Steve Tusa
JPMorgan Chase & Co.
4 questions for HON
Also covers: AIN, ALTR, CARR +15 more
Amit Mehrotra
UBS
3 questions for HON
Also covers: CARR, EMR, ETN +8 more
Andrew Obin
Bank of America
3 questions for HON
Also covers: ALH, ALLE, AME +17 more
C. Stephen Tusa
JPMorgan Chase & Co.
3 questions for HON
Also covers: ADSK, ANSS, APG +17 more
Joseph Ritchie
Goldman Sachs
3 questions for HON
Also covers: ALLE, CARR, CGNX +22 more
Andy Kaplowitz
Citigroup Inc.
2 questions for HON
Also covers: ACM, APG, ATKR +9 more
Nicole DeBlase
BofA Securities
2 questions for HON
Also covers: CTOS, EMR, ETN +13 more
Nicole DeBlase
Deutsche Bank
2 questions for HON
Also covers: CARR, GEV, JCI +1 more
Deane Drey
RBC Capital Markets
1 question for HON
Recent press releases and 8-K filings for HON.
Technip Energies secures large equipment order for Commonwealth LNG
HON
New Projects/Investments
- Technip Energies received a large authorization (€250 million–€500 million) from Commonwealth LNG for key equipment purchase orders, to be recorded in Project Delivery backlog in Q4 2025.
- The purchase orders cover six mixed-refrigerant compressors driven by LM9000 gas turbines (Baker Hughes), six main cryogenic heat exchangers (Honeywell) and four Titan 350 gas turbine-generators (Solar Turbines).
- This award advances the 9.5 Mtpa modular LNG facility in Cameron Parish, Louisiana, toward its final investment decision in Q1 2026.
2 hours ago
Honeywell expects $470M Flexjet settlement, trims outlook
HON
Guidance Update
Legal Proceedings
- Honeywell will take a one-time charge of about $470 million in Q4 related to a potential settlement with Flexjet, which could lower Q4 sales by roughly $310 million and operating income by about $370 million without affecting underlying metrics.
- The company lowered its full-year adjusted EPS guidance to $9.70–$9.80 from $10.60–$10.70.
- Honeywell will report its Advanced Materials unit as discontinued operations starting in Q4 following the Solstice Advanced Materials spin-off.
- Flexjet is seeking liquidated damages for delayed engine repairs under its maintenance agreement, with damages accruing monthly as negotiations continue.
6 hours ago
Honeywell to realign business segments effective Q1 2026 and spin off Advanced Materials
HON
Accounting Changes
Legal Proceedings
M&A
- Beginning Q1 2026, Honeywell will realign its reportable business segments from five to four, forming a new Process Automation and Technology segment by combining core process solutions and UOP, and updating the Industrial Automation segment composition.
- On October 30, 2025, the Company completed the spin-off of its Advanced Materials business into Solstice Advanced Materials (NASDAQ: SOLS), classifying it as discontinued operations and restating comparative periods; 2024 discontinued operations net sales were $3.8 billion, operating income $1.0 billion, and operating cash flows $1.0 billion.
- Exhibit 99.1 provides unaudited supplemental segment data recast on the proposed realignment for Q1–Q3 2025, Q1–Q4 2024, and fiscal years 2024 and 2023.
- Honeywell expects to record in Q4 2025 a one-time charge reducing GAAP sales by approximately $310 million and operating income by $370 million, plus aggregate settlement payments of approximately $470 million related to the ongoing Flexjet litigation.
8 hours ago
Honeywell adjusts 2025 outlook following advanced materials spin-off
HON
Guidance Update
Legal Proceedings
Accounting Changes
- Honeywell released supplemental 2024 and year-to-date 2025 results aligned to a new four-segment structure effective Q1 2026, and will report its Advanced Materials unit as discontinued operations from Q4 2025 after the Solstice Advanced Materials spin-off on October 30, 2025 (NASDAQ: SOLS).
- Full-year 2025 adjusted sales guidance was lowered by $3.2 billion to $37.5 B–$37.7 B, adjusted EPS by $0.90 to $9.70–$9.80, segment margin by ~40 bps to 22.5%–22.6%, and free cash flow by $0.4 billion to $4.8 B–$5.2 B.
- Q4 2025 adjusted sales guidance was revised down $0.3 billion to $9.8 B–$10.0 B, adjusted EPS to $2.48–$2.58 (–$0.04), with segment margin unchanged at 22.5%–22.8%.
- The company expects a one-time Q4 charge of $310 million against GAAP sales and $370 million to operating income for Flexjet-related litigation, with potential settlement cash payments totaling $470 million.
8 hours ago
Honeywell outlines separation progress and 2026 outlook
HON
Guidance Update
M&A
New Projects/Investments
- CFO Mike Stepniak said full-year 2025 growth was 5%, comprised of 2% volume and 3% pricing that fully offset tariff headwinds, and noted the company beat and raised guidance three times during the year.
- The company is advancing its separation into three standalone businesses, having spun off Solstice, resolved asbestos liabilities, and completed a capital raise for Quantinuum; an update on the strategic review of its warehouse and productivity unit is expected with the January 2026 guide.
- Aerospace margins bottomed in Q2 2025 and are projected to expand in 2026 on tailwinds from the CAES acquisition, improved OEM pricing in H2, and supply-chain productivity gains that reduced days of inventory.
- Building Automation delivered high single-digit organic growth, driven by data centers, hospitality, hospitals, and life sciences, with segment margins near 27%, supported by the Access Solutions acquisition and progression of Forge-enabled software services.
Dec 3, 2025, 1:00 PM
Honeywell discusses separation, 2026 outlook and growth drivers at Goldman Sachs conference
HON
M&A
- CFO Mike Stepieniak highlighted 2025 organic growth of ~5% (2% volume, 3% pricing), with pricing fully offsetting tariff exposure and serving as a tailwind into 2026.
- Aerospace margins bottomed in Q2 2025 and are forecast to expand next year, backed by acquisition integration, improved OEM pricing and a 10-day reduction in days of supply.
- Building Automation delivered high-single-digit organic growth on strong data-center, hospitality and life-sciences demand, sustaining 27% segment margins via NPI, software (Forge) and the accretive Access Solutions acquisition.
- Honeywell has closed six material bolt-on acquisitions over the past two years—all performing above pro forma—and plans further M&A in Industrial Automation and HPS after completing the Johnson Matthey Catalyst Technologies deal.
Dec 3, 2025, 1:00 PM
Honeywell outlines separation progress and 2026 outlook at Goldman Sachs Industrials and Materials Conference
HON
Guidance Update
M&A
- Honeywell CFO Mike Stepniak highlighted achieving three consecutive beat-and-raises in 2025, strategic reinvestment in R&D to accelerate NPI, and structural simplification ahead of the separation— including settling asbestos liabilities and advancing Quantinuum capitalization.
- The Solstice spin was completed successfully, and Honeywell reorganized into three focused segments (Aerospace, Automation and Productivity Solutions, and Building Technologies) to enhance investor transparency and operational efficiency post-separation.
- In 2025 Honeywell realized 3% pricing, fully offsetting tariff headwinds and delivered 5% total growth; aerospace margins bottomed in Q2 2025 and are expected to expand in 2026 driven by the CAES acquisition, improved OEM pricing and supply-chain productivity gains.
- UOP segment margins declined by ~100 bps in 2025 due to weak catalyst demand, offset by strong performance at LNG and Sundyne; several multi-billion-dollar petrochemical orders are in the pipeline, converting over multi-year project timelines.
- Orders grew 22% in Q3 2025 with record backlogs across most businesses; Honeywell remains on track for its 4–7% organic growth and 40–60 bp margin expansion target, with the 2026 guide and strategic-review updates to be released in late January.
Dec 3, 2025, 1:00 PM
Honeywell outlines separation progress and 2026 outlook
HON
Guidance Update
M&A
Revenue Acceleration/Inflection
- CFO Mike Stepniak said Honeywell will finish 2025 with ~5% organic growth (2% volume, 3% pricing) and saw 22% order growth in Q3, driving strong momentum into Q4 and 2026.
- The separation into three focused entities—Solstice spun off, Aerospace and Automation pending—is advancing, with asbestos liabilities resolved and a Quantinuum capital raise completed to streamline operations pre-spin.
- Aerospace margins, which bottomed in Q2, are expected to expand in 2026 on the CAES acquisition, improved tariff-adjusted pricing, and supply chain productivity gains (10 days reduced days of supply).
- Building Automation delivered high single-digit organic growth, driven by NPI, the Forge connected platform and robust data-center demand; the Access Solutions integration should further boost margins from the current 27% segment margin.
Dec 3, 2025, 1:00 PM
Honeywell Aerospace to spin off as independent in H2 2026
HON
Management Change
M&A
- Honeywell Aerospace will separate as a pure-play supplier in second half of 2026, led by Jim Currier as President & CEO and Craig Marwell as Chairman, targeting laser focus and enhanced capital allocation.
- The business offers a nose-to-tail portfolio across three SBUs—Electronic Solutions, Engines & Power Systems, and Control Systems—serving commercial air transport, business jet, and defense markets.
- Aftermarket revenue growth decoupled from flight hours through Retrofit Mods & Updates represents ~10% of sales and has grown ~20% over the past three years, supporting margin expansion post-Q3 2025.
- Defense accounts for 40% of revenue (75% domestic, 25% international), with over $1 billion invested in supply chain enhancements since 2021 to alleviate mechanical constraints and sustain a 13-quarter run of double-digit OE factory volume growth.
- Recent M&A integrations (e.g., CAES, Civitanovi) have exceeded synergy expectations, while backlog has reached $39 billion with a book-to-bill of 1.2, underscoring robust demand visibility.
Nov 11, 2025, 1:55 PM
Honeywell Aerospace outlines spin-off and strategic priorities
HON
M&A
- Honeywell Aerospace spin-off on track for 2026, will be positioned as a pure play aerospace supplier with an investment-grade balance sheet and focused leadership.
- Portfolio spans three SBUs — Electronic Solutions, Engines & Power Systems, Control Systems — covering commercial air transport, business aviation, and defense/space, with nose-to-tail product coverage.
- Aftermarket decoupled growth strategy via retrofits and value-added services now represents ~10% of revenue, growing 10% year-on-year and outpacing flight-hour–tied maintenance.
- Supply chain resilience bolstered by $1 billion+ invested since 2021 in key suppliers, embedding teams on-site, enabling 13 consecutive quarters of double-digit volume output.
- Defense accounts for 40% of revenue (75% domestic, 25% direct international non-FMS), with non-ITAR solutions (e.g., Civitanavi acquisition) targeting NATO and Indo-Pacific demand; backlog at $39 billion with a 1.2 book-to-bill ratio.
Nov 11, 2025, 1:55 PM
Quarterly earnings call transcripts for HONEYWELL INTERNATIONAL.
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