Honeywell's Aerospace separation appears to have materially reset the reporting base, with Q3 2026 revenue of $5.0B down 52% year-over-year and total assets contracting 31% to $53.1B from $77.3B one quarter prior, suggesting pre- and post-separation metrics may be analytically incomparable.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Q3 2026 revenue of $5.0B fell 52% year-over-year post-separation even as gross margin hit a ten-quarter high of 40.4%, but operating margin declined to 14.8% from 16.9% a year prior, suggesting mix gains were absorbed by overhead that has not contracted with the divested Aerospace top line.
Honeywell is leveraging a digital-first, outcome-based approach to capitalize on next-generation megatrends, driving industrial innovation.
Vanguard Group holds 9% of HON, indicating strong institutional confidence in the company's long-term prospects.
HON's trailing P/E of 22.85 and forward P/E of 20.16 suggest reasonable valuation relative to earnings potential.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $2.27+4.6% vs $2.17 | $5.0B-0.3% vs $5.0B |
Q3 2026 Jul 23, 2026 | $1.95+6.6% vs $1.83 | $5.2B+3.2% vs $5.0B |
Q2 2026 Apr 23, 2026 | $2.57+40.4% vs $1.83 | $9.1B-1.7% vs $9.3B |
Q1 2026 Jan 29, 2026 | $5.18+2.0% vs $5.08 | $9.8B-2.0% vs $10.0B |
One of industrials' steadiest dividend payers just broke into two stocks, and the math on your quarterly check may surprise you. One half carries heavy debt and legal baggage, while the other has a CEO who never mentioned the payout.
Honeywell International is rated Buy, driven by strong backlog, segment recoveries, and margin expansion opportunities. PA&T revenue is rebounding, Building Automation maintains high-single-digit growth, and Industrial Automation is turning around with improved execution. Management raised FY2026 guidance: organic revenue growth to 4%-5%, adjusted EPS to 8.40-8.45, and free cash flow to $2.1 billion.
Investors looking for stocks in the Diversified Operations sector might want to consider either Marubeni Corp. (MARUY) or Honeywell International Inc. (HON). But which of these two stocks presents investors with the better value opportunity right now?
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Benchmark HON against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Honeywell International Inc. (HON)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $220.05 | $69.74B | 9.96 | 7.85% | 20.98% | 36.04% | 4.21% | |
| $185.15 | $95.49B | 27.36 | 1.52% | 14.01% | 87.29% | 1.18% | |
| $323.24 | $335.38B | 36.97 | 18.48% | 17.31% | 50% | 0.42% | |
| $341.72 | $132.69B | 34.15 | 10.33% | 12.19% | 19.34% | 1.22% | |
| $162.35 | $90.93B | 33.84 | 5.36% | 14.14% | 13.14% | 1.36% | |
| $280.95 | $80.83B | 24.83 | 0.92% | 19.39% | 103.35% | 2.17% |
Honeywell International Inc. (HON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Honeywell International Inc. (HON) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Aug 19, 2026·SEC
Jul 23, 2026·SEC
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Honeywell International Inc. (HON) stock FAQ — growth, dividends, profitability & financials explained
Honeywell International Inc. (HON) reported $33.61B in revenue over the trailing twelve months. Revenue was $37.44B in fiscal year 2025. That is 168% more than the $13.97B of fiscal year 1996.
Honeywell International Inc. (HON) revenue fell by 11.0% over the trailing twelve months, compared with the twelve months before.
Yes. Honeywell International Inc. (HON) earned $7.05B in net income over the trailing twelve months (a 21.0% net margin).
Yes. Honeywell International Inc. (HON) pays a dividend that yields 4.21% at the current price, a high yield.
Honeywell International Inc. (HON) had a return on equity (ROE) of 36.0% over the trailing twelve months. That is well above the market's typical 10-15%.
Honeywell International Inc. (HON) generated $1.28B in free cash flow over the trailing twelve months.
