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Honeywell International Inc.

HON

Industrials · 202.27 +0.1% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Honeywell International Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Company+0.1% todayVolume comparison unavailable
Market group0 of 1 activeIndustrial Automation · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • YTD cost of products and services sold rose due to higher direct and indirect material costs and higher labor costs of approximately $0.4B (4%), plus ~$0.2B incremental costs from recent acquisitions.

Invalidation: The isolated read changes if HON's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Conglomerates

No new filing conclusion is available. 0 of 1 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • YTD cost of products and services sold rose due to higher direct and indirect material costs and higher labor costs of approximately $0.4B (4%), plus ~$0.2B incremental costs from recent acquisitions.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements95
Verified relationships8
Evidence supporting the case
  • Latest annual revenue changed +7.8% year over year.
  • Operating cash flow covered net income at 1.36x in the latest annual period.
  • Demand and volume has repeated favorable evidence across 4 filings.
  • Product pipeline and R&D has repeated favorable evidence across 4 filings.
  • Macroeconomic conditions has repeated favorable evidence across 3 filings.
Evidence challenging the case
  • Net margin changed -3.8 percentage points in the latest annual period.
Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

202.27
6m-13.3%12m+1.4%24m+2.1%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$34.4B+5.4%$7.91-1.5%
2022-12-31$35.5B+3.1%$7.27-2.5%
2023-12-31$33.0B-6.9%$8.47-2.2%
2024-12-31$34.7B+5.2%$8.71-1.9%
2025-12-31$37.4B+7.8%$7.36-1.9%

What management says matters

Persistent and emerging business drivers

Demand and volumepositive · 4 filings
2025 Three Months Ended June 30, Six Months Ended June 30, Factors Contributing to Year-Over-Year Change Net Sales Segment Profit Net Sales Segment Profit Reported percent change 10 % 13 % 10 % 13 % Less: Impact of divestitures to the prior period — % — % — %…
10-Q · Jul 23, 2026
Input and raw-material costsmixed · 4 filings
YTD 2026 compared with YTD 2025 Cost of products and services sold increased due to the following: • Higher direct and indirect material costs and higher labor costs of approximately $0.4 billion or 4%, and • Incremental costs from recent acquisitions of appr…
10-Q · Jul 23, 2026
Labor availability and costsmixed · 4 filings
YTD 2026 compared with YTD 2025 Cost of products and services sold increased due to the following: • Higher direct and indirect material costs and higher labor costs of approximately $0.4 billion or 4%, and • Incremental costs from recent acquisitions of appr…
10-Q · Jul 23, 2026
Product pipeline and R&Dpositive · 4 filings
YTD 2026 compared with YTD 2025 Research and development expenses increased as a percentage of net sales due to increased investment in new product development in our Aerospace Technologies business.
10-Q · Jul 23, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

202.27+0.1% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for HON. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for HON. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind HON

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depended on by

ISSCInnovative Solutions and Support IncsupplierDec 23, 2025

Recent Acquisitions In June 2023, the Company entered into an Asset Purchase and License Agreement (the “June 2023 Honeywell Agreement”) with Honeywell International, Inc.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 17 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HON is currently a Leader in the organic co-movement group Industrial Automation. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for HON; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.