Honeywell International Inc. (HON) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HON Revenue Growth
Revenue Breakdown (FY 2025)
HON's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HON Revenue Analysis (2014–2025)
As of May 8, 2026, Honeywell International Inc. (HON) generated trailing twelve-month (TTM) revenue of $36.76 billion, reflecting moderate decline in growth of -6.9% year-over-year. The most recent quarter (Q1 2026) recorded $9.14 billion in revenue, up 33.3% sequentially.
Looking at the longer-term picture, HON's 5-year compound annual growth rate (CAGR) stands at +2.8%, indicating moderate growth over time. The company achieved its highest annual revenue of $41.80 billion in 2018.
Revenue diversification analysis shows HON's business is primarily driven by Aerospace (47%), Safety And Productivity Solutions (25%), and Home And Building Technologies (20%).
When compared to Industrials sector peers including MMM (+2.1% YoY), GE (+21.9% YoY), and ETN (+12.7% YoY), HON has underperformed the peer group in terms of revenue growth. Compare HON vs MMM →
HON Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HONCurrent | $36.8B | -6.9% | +2.8% | 17.5% | |
 MMM | $24.9B | +2.1% | -5.0% | 18.3% | |
 GE | $45.9B | +21.9% | -9.6% | 19.1% | |
 ETN | $27.4B | +12.7% | +9.0% | 19.1% | |
 EMR | $18.0B | +4.0% | +1.4% | 19.6% | |
 ITW | $16.0B | +2.9% | +5.0% | 26.3% |
HON Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $37.44B | +7.8% | $13.83B | 36.9% | $6.57B | 17.5% |
| 2024 | $34.72B | +5.2% | $13.36B | 38.5% | $6.67B | 19.2% |
| 2023 | $33.01B | -6.9% | $12.37B | 37.5% | $6.11B | 18.5% |
| 2022 | $35.47B | +3.1% | $13.12B | 37.0% | $6.43B | 18.1% |
| 2021 | $34.39B | +5.4% | $12.33B | 35.9% | $6.20B | 18.0% |
| 2020 | $32.64B | -11.1% | $10.47B | 32.1% | $5.70B | 17.5% |
| 2019 | $36.71B | -12.2% | $12.37B | 33.7% | $6.85B | 18.7% |
| 2018 | $41.80B | +3.1% | $12.76B | 30.5% | $6.71B | 16.0% |
| 2017 | $40.53B | +3.1% | $12.39B | 30.6% | $6.30B | 15.5% |
| 2016 | $39.30B | +1.9% | $11.63B | 29.6% | $6.05B | 15.4% |
Full HON Stock Analysis
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Start ComparisonHON — Frequently Asked Questions
Quick answers to the most common questions about buying HON stock.
Is HON's revenue growth accelerating or slowing?
HON revenue declined -6.9% year-over-year, contrasting with the 5-year CAGR of +2.8%. TTM revenue fell to $36.8B. This reverses the prior growth trend.
What is HON's long-term revenue growth rate?
Honeywell International Inc.'s 5-year revenue CAGR of +2.8% reflects the variable expansion pattern. Current YoY growth of -6.9% is below this long-term average.
How is HON's revenue distributed by segment?
HON reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.