Honeywell International Inc Stock Research

Market Summary

USD189.14+1.02

Delayed

0.54%

HON Stock Price

HON RSI Chart

HON Valuation

Market Cap

126.3B

Price/Earnings (Trailing)

25.43

Price/Sales (Trailing)

3.56

EV/EBITDA

18.73

Price/Free Cashflow

28.01

HON Price/Sales (Trailing)

HON Profitability

EBT Margin

17.99%

Return on Equity

29.74%

Return on Assets

7.97%

Free Cashflow Yield

3.57%

HON Fundamentals

HON Revenue

Revenue (TTM)

35.5B

Revenue Y/Y

6.11%

Revenue Q/Q

2.63%

HON Earnings

Earnings (TTM)

5.0B

Earnings Y/Y

-28.64%

Earnings Q/Q

-34.34%

Price Action

52 Week Range

165.71220.96

(Low)(High)

Last 7 days

-3.8%

Last 30 days

-7.5%

Last 90 days

-10.0%

Trailing 12 Months

1.7%

HON Financial Health

Current Ratio

1.25

Debt/Equity

0.91

Debt/Cashflow

0.35

HON Investor Care

Dividend Yield

2.1%

Dividend/Share (TTM)

3.97

Buy Backs (1Y)

2.51%

Diluted EPS (TTM)

7.27

Peers (Alternatives to Honeywell International)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
GE	127.6B	76.6B	8.56%	-2.47%	567.03	1.67	3.18%	103.45%
HON	126.3B	35.5B	-7.50%	1.69%	25.43	3.56	3.12%	-10.39%
MMM	57.2B	34.2B	-9.66%	-26.47%	9.91	1.67	-3.18%	-2.43%
ROP	45.5B	5.4B	-2.04%	-5.31%	10	8.46	11.13%	294.30%
IEP	17.6B	14.1B	-6.46%	8.75%	-50.48	1.4	24.37%	64.67%
MID-CAP
OSK	5.4B	8.3B	-10.51%	-23.46%	30.91	0.65	4.14%	-62.29%
ALSN	4.0B	2.8B	-4.91%	14.13%	7.59	1.46	15.28%	20.14%
FSS	3.1B	1.4B	-3.97%	52.70%	25.86	2.17	18.27%	19.68%
MTOR	2.6B	4.3B	0.61%	53.23%	10.31	0.6	17.80%	81.88%
SMALL-CAP
FCEL	1.3B	135.8M	-12.14%	-48.21%	-10.39	9.23	56.94%	-26.12%
WNC	1.2B	2.5B	-13.52%	53.49%	10.4	0.47	38.76%	9544.16%
SPLP	920.3M	1.7B	1.05%	4.19%	4.47	0.54	11.18%	56.74%
SHYF	836.3M	1.0B	-24.53%	-38.32%	22.88	0.81	3.57%	-46.96%
REVG	707.7M	2.3B	-5.28%	-9.71%	46.56	0.3	-2.07%	-65.77%

Financials for Honeywell International

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	1.5%	35,466	34,937	34,459	34,314	34,392
S&GA Expenses	0.9%	5,214	5,168	5,092	4,993	4,798
EBITDA	-8.0%	7,036	7,645	7,369	7,549	-
EBITDA Margin	-9.3%	0.20*	0.22*	0.21*	0.22*	-
Earnings Before Taxes	-8.6%	6,379	6,983	6,702	6,879	7,235
EBT Margin	-10.0%	0.18*	0.20*	0.19*	0.20*	-
Net Income	-7.6%	4,966	5,375	5,080	5,249	5,542
Net Income Margin	-9.0%	0.14*	0.15*	0.15*	0.15*	-
Free Cahsflow	-5.4%	4,508	4,765	3,777	4,239	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	3.3%	62,275	60,287	62,258	63,352	64,470
Current Assets	10.9%	24,982	22,525	23,847	24,281	25,372
Cash Equivalents	29.2%	9,627	7,449	8,248	9,281	10,959
Inventory	0.7%	5,538	5,501	5,576	5,472	5,138
Net PPE	-1.6%	5,471	5,562	-	-	-
Goodwill	3.1%	17,497	16,974	17,528	17,863	17,756
Current Liabilities	10.1%	19,938	18,109	19,947	20,027	19,508
. Short Term Borrowings	-20.9%	2,717	3,434	3,487	3,526	3,542
Long Term Debt	23.6%	15,123	12,236	12,491	12,636	14,254
Shareholder's Equity	-5.7%	16,697	17,707	17,541	18,365	18,569
Retained Earnings	0.7%	45,093	44,767	43,883	43,288	42,827
Additional Paid-In Capital	1.2%	8,564	8,460	8,397	8,326	8,141
Shares Outstanding	-0.7%	668	672	674	681	685
Minority Interest	-0.2%	622	623	649	686	673

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-5.3%	5,274	5,571	4,607	5,096	6,038
Share Based Compensation	-9.6%	188	208	214	200	217
Cashflow From Investing	-111.3%	-93.00	826	596	233	-1,061
Cashflow From Financing	34.5%	-6,330	-9,668	-8,209	-7,756	-8,254
Dividend Payments	0.6%	2,719	2,704	2,681	2,654	2,626
Buy Backs	13.3%	4,200	3,708	3,968	3,576	3,380

Risks for HON

What is the probability of a big loss on HON?

37.7%

Probability that Honeywell International stock will be more than 20% underwater in next one year

19.2%

Probability that Honeywell International stock will be more than 30% underwater in next one year.

Probability that Honeywell International stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HON drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Honeywell International was unfortunately bought at previous high price.

Drawdowns

Returns for HON

Cumulative Returns on HON

12.6%

10-Year Cumulative Returns

11.0%

7-Year Cumulative Returns

7.3%

5-Year Cumulative Returns

10.0%

3-Year Cumulative Returns

What are the long-term rolling returns for HON?

FIve years rolling returns for Honeywell International.

Annualized Returns

Which funds bought or sold HON recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-15	B. Riley Wealth Advisors, Inc.	added	5.84	4,257,440	16,135,400	0.45%
2023-03-13	Claro Advisors LLC	added	0.63	414,604	2,136,600	0.70%
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	0.1	34,010,200	153,457,000	0.17%
2023-03-10	MATHER GROUP, LLC.	added	24.26	330,730	886,730	0.02%
2023-03-08	Capital Asset Advisory Services LLC	added	28.73	523,186	1,323,190	0.11%
2023-03-08	SHEETS SMITH WEALTH MANAGEMENT	added	0.01	489,133	2,215,130	0.35%
2023-03-07	Great Lakes Retirement, Inc.	new	-	1,309,340	1,309,340	0.34%
2023-03-06	OLD MISSION CAPITAL LLC	sold off	-100	-649,000	-	-%
2023-03-06	NORTH STAR ASSET MANAGEMENT INC	new	-	271,732	271,732	0.02%
2023-03-06	Rockefeller Capital Management L.P.	added	4.19	25,552,000	101,327,000	0.51%

Latest Funds Activity

Are funds buying HON calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own HON

No. of Funds

Honeywell International News

Schedule 13G FIlings of Honeywell International

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	9.09%	61,087,263	SC 13G/A
Feb 07, 2023	blackrock inc.	6.2%	41,471,417	SC 13G/A
Feb 10, 2022	vanguard group inc	8.15%	56,119,426	SC 13G/A
Feb 07, 2022	blackrock inc.	6.0%	41,185,153	SC 13G/A
Feb 10, 2021	vanguard group inc	7.33%	51,440,932	SC 13G/A
Jan 29, 2021	blackrock inc.	6.1%	42,835,736	SC 13G/A
Feb 12, 2020	vanguard group inc	7.50%	53,653,455	SC 13G/A
Feb 05, 2020	blackrock inc.	6.1%	43,805,909	SC 13G/A

HON Fair Value

Honeywell International fair value in different scenarios

The table shows the Fair Value estimates for Honeywell International for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	56.19 -70.29%	75.75 -59.95%	97.05 -48.69%	119.49 -36.82%	148.97 -21.24%
Current Inflation	53.38 -71.78%	70.96 -62.48%	90.19 -52.32%	110.37 -41.65%	136.28 -27.95%
Very High Inflation	49.74 -73.70%	64.85 -65.71%	81.56 -56.88%	98.98 -47.67%	120.66 -36.21%

Historical Honeywell International Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Honeywell International

View All Filings

Date Filed	Form Type	Document
Mar 14, 2023	8-K	Current Report
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 28, 2023	4	Insider Trading
Feb 21, 2023	25-NSE	25-NSE
Feb 16, 2023	4	Insider Trading
Feb 16, 2023	4	Insider Trading
Feb 16, 2023	4	Insider Trading
Feb 16, 2023	4	Insider Trading

Latest Insider Trading transactions for HON

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-26	Madden Anne T	acquired	-	-	1,206	srvp and general counsel
2023-02-26	Kapur Vimal	sold (taxes)	-50,393	192	-262	president & coo
2023-02-26	Adamczyk Darius	acquired	-	-	4,543	chairman and ceo
2023-02-26	Lewis Gregory P	sold (taxes)	-103,287	192	-537	srvp & chief financial officer
2023-02-26	Madden Anne T	sold (taxes)	-103,287	192	-537	srvp and general counsel
2023-02-26	Adamczyk Darius	sold (taxes)	-388,527	192	-2,020	chairman and ceo
2023-02-26	Kapur Vimal	acquired	-	-	603	president & coo
2023-02-26	Lewis Gregory P	acquired	-	-	1,206	srvp & chief financial officer
2023-02-14	Mattimore Karen	acquired	-	-	1,660	srvp & chief hr officer
2023-02-14	Lewis Gregory P	acquired	-	-	9,751	srvp & chief financial officer

About Honeywell International

Darius Adamczyk

www.honeywell.com

65535

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; thermal systems, as well as wireless connectivity and management services. The company's Honeywell Building Technologies segment offers software applications for building control and optimization; sensors, switches, control systems, and instruments for energy management; access control; video surveillance; fire products; and installation, maintenance, and upgrades of systems. Its Performance Materials and Technologies segment offers automation control, instrumentation, and software and related services; catalysts and adsorbents, equipment, and consulting; and materials to manufacture end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging, as well as provides reduced and low global-warming-potential materials based on hydrofluoro-olefin technology. The company's Safety and Productivity Solutions segment provides personal protection equipment, apparel, gear, and footwear; gas detection technology; cloud-based notification and emergency messaging; mobile devices and software; supply chain and warehouse automation equipment, and software solutions; custom-engineered sensors, switches, and controls; and data and asset management productivity software solutions. The company was founded in 1906 and is headquartered in Charlotte, North Carolina.

HON Income Statement

2022-09-30

CONSOLIDATED STATEMENT OF OPERATIONS (unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Net sales	$ 8,951	$ 8,473	$ 26,280	$ 25,735
Costs, expenses and other
Costs of products and services sold	5,981	5,746	17,701	17,458
Selling, general and administrative expenses	1,228	1,152	3,965	3,595
Other (income) expense	(337)	(215)	(846)	(1,023)
Interest and other financial charges	98	90	270	263
Costs, expenses and other	6,970	6,773	21,090	20,293
Income before taxes	1,981	1,700	5,190	5,442
Tax expense	432	427	1,244	1,274
Net income	1,549	1,273	3,946	4,168
Less: Net income (loss) attributable to the noncontrolling interest	(3)	16	(1)	54
Net income attributable to Honeywell	$ 1,552	$ 1,257	$ 3,947	$ 4,114
Earnings per share of common stock - basic (in dollars per share)	$ 2.30	$ 1.82	$ 5.81	$ 5.93
Earnings per share of common stock - assuming dilution (in dollars per share)	$ 2.28	$ 1.80	$ 5.76	$ 5.86
Product
Net sales	$ 6,588	$ 6,233	$ 19,404	$ 19,281
Costs, expenses and other
Costs of products and services sold	4,630	4,463	13,676	13,748
Service
Net sales	2,363	2,240	6,876	6,454
Costs, expenses and other
Costs of products and services sold	$ 1,351	$ 1,283	$ 4,025	$ 3,710

HON Balance Sheet

2022-09-30

CONSOLIDATED BALANCE SHEET (unaudited) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 7,449	$ 10,959
Short-term investments	516	564
Accounts receivable, less allowances of $349 and $177, respectively	7,363	6,830
Inventories	5,501	5,138
Other current assets	1,696	1,881
Total current assets	22,525	25,372
Investments and long-term receivables	807	1,222
Property, plant and equipment - net	5,339	5,562
Goodwill	16,974	17,756
Other intangible assets - net	3,220	3,613
Insurance recoveries for asbestos related liabilities	238	322
Deferred income taxes	437	489
Other assets	10,747	10,134
Total assets	60,287	64,470
Current liabilities:
Accounts payable	6,118	6,484
Commercial paper and other short-term borrowings	3,434	3,542
Current maturities of long-term debt	1,315	1,803
Accrued liabilities	7,242	7,679
Total current liabilities	18,109	19,508
Long-term debt	12,236	14,254
Deferred income taxes	2,406	2,364
Postretirement benefit obligations other than pensions	203	208
Asbestos-related liabilities	1,693	1,800
Other liabilities	7,303	7,087
Redeemable noncontrolling interest	7	7
SHAREOWNERS’ EQUITY
Capital - common stock issued	958	958
Capital - additional paid in capital	8,460	8,141
Common stock held in treasury, at cost	(33,182)	(30,462)
Accumulated other comprehensive loss	(3,296)	(2,895)
Retained earnings	44,767	42,827
Total Honeywell shareowners’ equity	17,707	18,569
Noncontrolling interest	623	673
Total shareowners’ equity	18,330	19,242
Total liabilities, redeemable noncontrolling interest and shareowners’ equity	$ 60,287	$ 64,470