Honeywell International, Inc. is a software industrial company, which offers industry specific solutions to aerospace and automotive products and services. It specializes in turbochargers control, sensing and security technologies for buildings and homes; specialty chemicals; electronic and advanced materials; process technology for refining and petrochemicals; and energy efficient products and solutions for homes, business and transportation. It operates through the following segments: Aerospace; Home and Building Technologies; Performance Materials and Technologies; and Safety and Productivity Solutions. The Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers, turbochargers to improve the performance and efficiency of passenger cars and commercial vehicles as well as spare parts, repair, overhaul and maintenance services like, auxiliary power units, propulsion engines, environmental control systems, wireless connectivity services, electric power systems, engine controls, flight safety, communications, navigation hardware and software, radar and surveillance systems, aircraft lighting, management and technical services, advanced systems and instruments, satellite and space components, aircraft wheels and brakes, repair and overhaul services, turbochargers and thermal systems. The Home and Building Technologies segment provides products, software, solutions and technologies that help owners of homes stay connected and in control of their comfort, security and energy use such as controls and displays for heating, cooling, indoor air quality, ventilation, humidification combustion, lighting and home automation; advanced software applications for building control and optimization; sensors, switches, control systems and instruments for measuring pressure, air flow, temperature and electrical current; products, services and solutions for measurement, regulation, control and metering of gases and electricity; metering and communications systems for water utilities and industries; access control; video surveillance; fire products; remote patient monitoring systems; and installation, maintenance, and upgrades of systems. The Performance Materials and Technologies segment develops and manufactures materials, process technologies, and automation solutions. It provides process solutions in automation control, instrumentation, advanced software, and related services for the oil and gas, refining, pulp and paper, industrial power generation, chemicals and petrochemicals, biofuels, life sciences, and metals, minerals and mining industries. The Safety and Productivity Solutions segment provides products, software and connected solutions which include personal protection equipment and footwear designed for work, play and outdoor activities. It also offers gas detection technology, mobile devices and software for computing, data collection and thermal printing; supply chain and warehouse automation equipment, software and solutions; custom-engineered sensors, switches and controls for sensing and productivity solutions; and software-based data and asset management productivity solutions. The company was founded by Albert M. Butz in 1885 and is headquartered in Charlotte, NC.
Highlights
The quick ratio rose by 45% year-on-year and by 36% since the previous quarter
HON's equity is up by 2.9% QoQ
HON's P/E is 29% lower than its 5-year quarterly average of 27.4 but 7% higher than its last 4 quarters average of 18.3
The gross margin has declined by 2.9% since the previous quarter but it rose by 2.5% year-on-year
The debt has grown by 37% from the previous quarter and by 37% YoY
Honeywell International's net income has decreased by 17% YoY and by 7% from the previous quarter
Key stats
What are the main financial stats of HON
Market
Shares outstanding
701.78M
Market cap
$112.48B
Enterprise value
$120.79B
Valuations
Price to earnings (P/E)
19.5
Price to book (P/B)
6.2
Price to sales (P/S)
3.26
EV/EBIT
16.91
EV/EBITDA
14.79
EV/Sales
3.5
Earnings
Revenue
$34.52B
EBIT
$7.14B
EBITDA
$8.17B
Free cash flow
$5.65B
Per share
EPS
$8.22
Free cash flow per share
$8.05
Book value per share
$25.86
Revenue per share
$49.19
TBVPS
$63.45
Balance sheet
Total assets
$63.6B
Total liabilities
$45.24B
Debt
$22.09B
Equity
$18.15B
Working capital
$10.98B
Liquidity
Debt to equity
1.22
Current ratio
1.63
Quick ratio
1.26
Net debt/EBITDA
1.02
Margins
EBITDA margin
23.7%
Gross margin
32.9%
Net margin
16.9%
Operating margin
17.8%
Efficiency
Return on assets
9.8%
Return on equity
32.3%
Return on invested capital
23.4%
Return on capital employed
15.4%
Return on sales
20.7%
Dividend
Dividend yield
2.25%
DPS
$3.6
Payout ratio
43.8%
HON stock price
How has the Honeywell International stock price performed over time
Financial performance
How have Honeywell International's revenue and profit performed over time
Revenue
$34.52B
Gross profit
$11.35B
Operating income
$6.16B
Net income
$5.85B
Gross margin
32.9%
Net margin
16.9%
Honeywell International's net income has decreased by 17% YoY and by 7% from the previous quarter
The company's operating income fell by 11% QoQ and by 7% YoY
Honeywell International's revenue has decreased by 11% YoY and by 4.9% from the previous quarter
The gross profit has contracted by 9% YoY and by 8% from the previous quarter
Valuation
What is Honeywell International stock price valuation
P/E
19.5
P/B
6.2
P/S
3.26
EV/EBIT
16.91
EV/EBITDA
14.79
EV/Sales
3.5
HON's P/E is 29% lower than its 5-year quarterly average of 27.4 but 7% higher than its last 4 quarters average of 18.3
Honeywell International's EPS has decreased by 14% YoY and by 7% from the previous quarter
The P/B is 11% above the 5-year quarterly average of 5.6
HON's equity is up by 2.9% QoQ
The price to sales (P/S) is 25% higher than the 5-year quarterly average of 2.6 and 5% higher than the last 4 quarters average of 3.1
Honeywell International's revenue has decreased by 11% YoY and by 4.9% from the previous quarter
Efficiency
How efficient is Honeywell International business performance
The ROA has contracted by 18% YoY and by 9% from the previous quarter
The ROIC has decreased by 17% YoY and by 16% QoQ
The return on equity has declined by 16% year-on-year and by 8% since the previous quarter
Honeywell International's ROS has decreased by 5% from the previous quarter but it has increased by 4% YoY
Dividends
What is HON's dividend history
DPS
$3.6
Dividend yield
2.25%
Payout ratio
43.8%
Recent dividends
Financial health
How did Honeywell International financials performed over time
The total assets is 41% greater than the total liabilities
The quick ratio rose by 45% year-on-year and by 36% since the previous quarter
HON's current ratio is up by 37% year-on-year and by 25% since the previous quarter
The debt is 22% more than the equity
The debt has grown by 37% from the previous quarter and by 37% YoY
The debt to equity has grown by 34% from the previous quarter and by 34% YoY
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.