Last 48 quarters of trend data · Industrials · Conglomerates
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Honeywell International Inc.'s quarterly P/E stands at 43.8x, up 83.7% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 172.2% YoY to 46.8x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 31.12 | 43.80 | 106.03 | 18.40 | 23.76 | 23.85 | 28.81 | 23.92 | 22.62 | 23.01 | 27.45 | 20.35 | 23.37 |
| — | +83.7% | +268.0% | -23.1% | +5.1% | +3.6% | +5.0% | +17.6% | -3.2% | -0.3% | -22.6% | +11.1% | -1.1% | |
| P/S Ratio | 3.88 | 3.95 | 4.54 | 3.23 | 3.60 | 3.51 | 3.67 | 3.47 | 3.65 | 3.70 | 3.67 | 3.34 | 3.80 |
| — | +12.3% | +23.9% | -7.0% | -1.2% | -5.1% | -0.1% | +3.9% | -4.1% | +2.0% | -7.0% | +5.5% | +14.3% | |
| P/B Ratio | 9.53 | 6.77 | 8.07 | 7.58 | 8.96 | 7.65 | 7.72 | 7.52 | 7.97 | 7.90 | 8.43 | 6.93 | 7.77 |
| — | -11.5% | +4.5% | +0.8% | +12.4% | -3.2% | -8.4% | +8.5% | +2.7% | +7.7% | +0.7% | +12.0% | +18.7% | |
| P/FCF | 26.91 | — | 27.88 | 11.54 | 36.73 | 99.71 | 19.59 | 19.68 | 31.41 | 156.71 | 13.37 | 19.75 | 30.85 |
| — | — | +42.4% | -41.4% | +16.9% | -36.4% | +46.5% | -0.4% | +1.8% | — | -21.6% | +32.2% | -34.6% | |
| EV / EBITDA | 21.02 | 46.83 | 39.14 | 18.43 | 17.53 | 17.20 | 19.13 | 16.72 | 17.28 | 17.23 | 20.20 | 15.19 | 17.51 |
| — | +172.2% | +104.6% | +10.2% | +1.5% | -0.2% | -5.3% | +10.1% | -1.4% | -3.4% | +9.5% | +0.9% | +1.2% | |
| EV / EBIT | 25.46 | 46.83 | — | 15.39 | 20.05 | 18.70 | 23.10 | 18.45 | 17.77 | 17.73 | 22.28 | 15.62 | 18.15 |
| — | +150.4% | — | -16.6% | +12.9% | +5.5% | +3.7% | +18.2% | -2.1% | -1.8% | -23.8% | +5.6% | +0.1% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Honeywell International Inc.'s operating margin was 9.7% in Q1 2026, down 0.7 pp QoQ and down 10.5 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 14.3% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.9% | 38.7% | 36.1% | 34.1% | 38.9% | 38.5% | 36.4% | 38.5% | 38.9% | 38.7% | 34.3% | 38.4% | 38.5% |
| — | +0.4% | -0.9% | -11.6% | +0.0% | -0.4% | +6.0% | +0.2% | +1.0% | +1.9% | +2.9% | +2.5% | +4.6% | |
| Operating Margin | 17.5% | 9.7% | 10.4% | 16.9% | 20.4% | 20.2% | 18.2% | 20.4% | 20.7% | 20.4% | 16.8% | 20.9% | 20.6% |
| — | -52.1% | -42.9% | -17.3% | -1.1% | -1.1% | +8.7% | -2.5% | +0.3% | +7.0% | -15.0% | +7.4% | +15.1% | |
| Net Margin | 12.6% | 9.0% | -1.7% | 17.5% | 15.2% | 14.8% | 12.7% | 14.5% | 16.1% | 16.1% | 13.4% | 16.4% | 16.3% |
| — | -39.1% | -113.2% | +20.7% | -5.9% | -8.2% | -4.8% | -11.6% | -0.8% | +2.2% | +20.6% | -5.2% | +15.4% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 27.3% | 4.5% | -0.7% | 10.6% | 9.1% | 7.8% | 6.9% | 8.0% | 8.9% | 8.7% | 7.4% | 8.5% | 8.4% |
| — | -42.7% | -110.0% | +33.3% | +1.3% | -10.8% | -6.3% | -6.2% | +6.4% | +9.2% | +29.2% | -0.1% | +24.0% | |
| ROA | 6.3% | 1.1% | -0.1% | 2.3% | 2.0% | 1.9% | 1.7% | 2.0% | 2.3% | 2.3% | 2.1% | 2.4% | 2.4% |
| — | -42.5% | -108.6% | +15.8% | -10.7% | -16.3% | -16.0% | -19.2% | -6.0% | +0.8% | +23.7% | -3.3% | +21.2% | |
| ROIC | 12.6% | 1.7% | 1.4% | 3.1% | 3.7% | 3.6% | 3.4% | 4.0% | 4.5% | 4.6% | 3.9% | 4.7% | 4.7% |
| — | -53.0% | -60.0% | -22.5% | -17.8% | -22.2% | -12.5% | -16.5% | -4.4% | +5.3% | -18.8% | +3.2% | +13.2% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Honeywell International Inc.'s Debt/EBITDA ratio is 38.0x, up from 35.6x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 10.6% YoY to 1.39x, strengthening the short-term liquidity position.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.24 | 1.58 | 2.14 | 2.09 | 2.26 | 1.89 | 1.68 | 1.78 | 1.59 | 1.48 | 1.31 | 1.14 | 1.19 |
| — | -16.3% | +27.2% | +17.4% | +41.8% | +27.3% | +28.4% | +55.9% | +33.6% | +35.4% | +10.5% | +23.2% | +13.9% | |
| Debt / EBITDA | 4.35 | 37.97 | 35.64 | 17.22 | 14.95 | 14.41 | 14.54 | 13.66 | 12.21 | 11.74 | 11.43 | 9.08 | 9.86 |
| — | +163.5% | +145.1% | +26.0% | +22.4% | +22.7% | +27.2% | +50.5% | +23.8% | +21.0% | +17.6% | +9.2% | -3.0% | |
| Current Ratio | 1.32 | 1.39 | 1.32 | 1.36 | 1.29 | 1.25 | 1.31 | 1.44 | 1.21 | 1.66 | 1.27 | 1.35 | 1.41 |
| — | +10.6% | +0.3% | -5.8% | +7.3% | -24.7% | +3.6% | +6.5% | -14.4% | +32.3% | +1.2% | +8.8% | +17.8% | |
| Quick Ratio | 1.05 | 1.10 | 1.05 | 1.04 | 0.97 | 0.95 | 1.01 | 1.12 | 0.91 | 1.28 | 0.93 | 1.01 | 1.07 |
| — | +15.1% | +4.3% | -6.6% | +7.1% | -25.6% | +8.1% | +11.1% | -15.0% | +37.0% | -4.2% | +6.9% | +16.3% | |
| Interest Coverage | 5.07 | 2.49 | -0.34 | 7.28 | 6.67 | 7.59 | 6.31 | 7.14 | 8.90 | 9.50 | 8.46 | 10.55 | 11.18 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Quick answers to the most common questions about buying HON stock.
Honeywell International Inc.'s current P/E is 31.1x. The average P/E over the last 4 quarters is 48.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Honeywell International Inc.'s current operating margin is 17.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Honeywell International Inc.'s business trajectory between earnings reports.