HON

Honeywell International Inc.

$213.32

+1.59% 2026-10-20

IndustrialsS&P 500

1M 3M 6M 1Y 2Y

HONSPY

+2.9%

+3.3%

-6.9%

-7.7%

YTD

+5.7%

+6.8%

Live chart

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Grades vs sector

Momentum

42nd pct in sector

12-1 return: +1.9%
Percentile within its GICS sector across the S&P 1500.

Growth

23rd pct in sector

Revenue growth (YoY): +4.3%
Percentile within its GICS sector across the S&P 1500.

Value

53rd pct in sector

C+

Forward E/P: 4.6% · EBITDA/EV: 9.1%
Percentile within its GICS sector across the S&P 1500.

Profitability

94th pct in sector

Profit margin: +21.6% · Return on equity: +46.6%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

not ranked (outside this model's universe or screens)

Momentum Top 15

rank 285 of 499 · 12-1 momentum % 4.6

Momentum Blend

not in the current book

New Highs Growth

not ranked (outside this model's universe or screens)

Conviction 20

not in the current book

News

More news

What a New Nvidia-Backed AI Platform Means for Honeywell Stock

Barchart · Oct 18

Key stats

Market cap$67.6B

P/E (trailing)7.9

P/E (forward)21.7

52-week range195.87 – 260.28

Revenue growth (YoY, latest qtr)+4.3%

Dividend yield1.33%

Analyst consensusBuy (23)

Mean price target$254.91 (+19%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Leans expensive

Model read-out from the numbers below, not advice. Score -2 (DCF counts double).

▼DCF (base case)below the price by 35%

▼Forward P/E vs sector21.7x vs median 17.1x

•Piotroski F-score5/9

•Net debt / EBITDA2.5x

▲Analyst target+19% (23 analysts)

Discounted cash flow

Bear

$57

-73%

growth -2% · disc. 9.7% · term. 2.0%

Base

$138

-35%

growth 3% · disc. 8.7% · term. 2.5%

Bull

$255

+19%

growth 6% · disc. 7.7% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 7% a year for 10 years.

Implied

+7%/yr

FCF, last 3 yrs

+6%/yr

FCF, last 5 yrs

+0%/yr

Revenue, last 3 yrs

+2%/yr

Revenue, last 5 yrs

+3%/yr

Same inputs as the DCF above: trailing free cash flow 4.0B, 8.7% discount rate, 2.5% growth after year 10, net debt and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 0.89 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Industrials

P/E (trailing)

sector median 26.4× · 2nd pct

7.9×
cheaper

Forward P/E

sector median 17.1× · 70th pct

21.7×
pricier

EV / EBITDA

sector median 14.8× · 13th pct

9.4×
cheaper

Price / sales

sector median 2.1× · 44th pct

1.8×
cheaper

Price / book

sector median 3.5× · 51st pct

3.6×
pricier

FCF yield

sector median 4.5% · 67th pct

5.9%
cheaper

Forward EPS $9.81 vs trailing $27.09 (-64% expected growth). Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO

$38.0B

as of 2026-06-30

vs a year ago

+4%

YoY

× TTM revenue

1.00×

coverage

24-09

24-12

25-03

25-06

25-09

25-12

26-03

26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin

27.5%

Operating margin

22.1%

FCF margin

10.5%

Net margin

21.6%

Return on equity

44.3%

Return on invested capital

15.5%

Net debt / EBITDA

2.5×

Current ratio

1.2×

Interest cover

–

Cash conversion (OCF/NI)

0.6×

Piotroski F-score 5/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✓ Asset turnover improved

Analysts

Mean target

$255

+19%

Analysts

Buy

Range

$186–$303

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$37.4B	$4.7B	$5.4B
2024	$34.7B	$5.7B	$5.2B
2023	$33.0B	$5.7B	$4.6B
2022	$35.5B	$5.0B	$4.5B
2021	$34.4B	$5.5B	$5.1B
2020	$32.6B	$4.8B	$5.3B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +1.8%.

Earnings

Next report: 2026-10-22 · before open · EPS est 2.16

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-07-23	1.82	1.95	+7.2%
2026-04-23	4.64	4.90	+5.5%
2026-01-29	5.07	5.18	+2.1%
2025-10-23	5.13	5.64	+9.9%
2025-07-24	5.32	5.50	+3.4%
2025-04-29	4.42	5.02	+13.6%
2025-02-06	4.69	4.94	+5.3%
2024-10-24	5.01	5.16	+3.1%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$9.7B	+4.3%
2026-03-31	$9.1B	–
2025-12-31	$6.9B	–
2025-09-30	$10.4B	–
2025-06-30	$9.3B	–

Analyst actions

Mizuho

2026-10-15 · main

Outperform → Outperform
PT $255

RBC Capital

2026-10-14 · main

Outperform → Outperform
PT $270

Citigroup

2026-10-12 · main

Buy → Buy
PT $270

JP Morgan

2026-10-09 · main

Overweight → Overweight
PT $240

Wells Fargo

2026-09-25 · init

→ Equal-Weight
PT $231

Morgan Stanley

2026-08-31 · main

Equal-Weight → Equal-Weight
PT $250

Recent dividends

2026-08-14: $0.700 · 2026-05-15: $1.248 · 2026-02-27: $1.248 · 2025-11-14: $1.248 · 2025-08-15: $1.117 · 2025-05-16: $1.117 · 2025-02-28: $1.117 · 2024-11-15: $1.117

Insider trades

West Kenneth J

Pres/CEO Process Technologies · 2026-08-03

SELL
$77.6K

West Kenneth J