Honeywell (HON) official guidance
Honeywell (HON) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteHONHONEYWELL INTERNATIONAL INCFY2026 · ends 2026-12-31
1 metric1 loweredearnings call · 8d
2026-10-22 14:02:08 UTC12% – 13%lowered -16.7%12% – 13% vs FY2025
This year probably will be slightly shy of that, more like 12%-13%, but we'll continue to work our way through to get closer to 15% every year.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:51 UTC15%new15% vs FY2025
We do expect our ARR growth to be about 15% for 2026.
HON · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2026
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTC$3Bnew
We expect our year-end cash balance to be approximately $3 billion, resulting in a net debt of around $10 billion.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2027 · ends 2027-12-31
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTCsingle-digit growthnew1% – 9% vs FY2026
Next year, we see overall catalysts to be very stable with single-digit growth.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTCmid-teens growth in Q4new14% – 16% vs Q4 FY2025
On the aftermarket side, we expect second half of 2026 catalyst growth to be double digit. It's double digit in Q3, it's going to be actually mid-teens growth in Q4.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2027 · ends 2027-12-31
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTC$400Mnew
But for next year, just like we talked about, I think, before, we plan for our corporate cost to be about $400 million.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2026
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTCat most $13Bnew
As I discussed at the Investor Day, we're committed to reducing our gross leverage to less than 3 times this year by lowering our gross debt balance from $18 billion in the second quarter to under $13 billion at the end of 2026.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 8d
2026-10-22 14:02:08 UTC$8.4 – $8.45maintained
We now expect full-year adjusted EPS in the range of $8.40-$8.45, which represents a $0.23 improvement at the midpoint.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:04:27 UTC$8.4 – $8.45raised +2.7%
The company now expects full-year sales of $20.0 billion to $20.1 billion with organic1 sales growth of 4% to 5%, and 5% to 6% organic1 growth in the fourth quarter; segment margin1 of approximately 20.5%, at the upper end of its previous guidance range, representing segment margin1 expansion of approximately 290 basis points; and adjusted earnings per share1 of $8.40 to $8.45, up 30% to 31%, representing a $0.23 increase from the midpoint of its previous guidance range.
HON · EX-99 · Q3 FY2026
2026-10-22 10:02:13 UTCOpen source
2026-07-24 04:01:51 UTC$8.2maintained
We now expect full-year adjusted earnings per share of $8.20 at the midpoint, or up approximately 27% versus prior year, and up from our previous midpoint of $8.10.
HON · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-07-23 10:02:56 UTC$8.05 – $8.35lowered -21.9%
The company now expects segment margin1 in the range of 20.1% to 20.5% with segment margin1 expansion of 250 to 290 basis points year over year; and adjusted earnings per share1 in the range of $8.05 to $8.35, up 25% to 29%.
HON · EX-99 · Q2 FY2026
2026-07-23 10:01:36 UTCOpen source
2026-04-23 10:04:22 UTC$10.35 – $10.65maintained
The company is maintaining its full-year outlook after a strong first quarter despite the uncertainty stemming from the Middle East conflict. We continue to expect full-year sales of $38.8 billion to $39.8 billion with organic1 sales growth of 3% to 6%; segment margin2 in the range of 22.7% to 23.1%, with segment margin2,5 expansion of 20 to 60 basis points year over year; and adjusted earnings per share2,3 in the range of $10.35 to $10.65, up 6% to 9%.
HON · EX-99 · Q1 FY2026
2026-04-23 10:03:02 UTCOpen source
2026-01-30 05:02:01 UTC$10.35 – $10.65maintained
We expect a combination of strong top-line growth, coupled with productivity and fixed cost reduction, will drive adjusted earnings per share of $10.35-$10.65, up 6%-9%.
HON · transcript · Q4 FY2025
2026-01-30 05:00:00 UTCOpen source
2026-01-29 11:05:56 UTC$10.35 – $10.65new
| Adjusted Earnings Per Share3 | $10.35 - $10.65 |
HON · EX-99.1 · Q4 FY2025
2026-01-29 11:04:46 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2029+ · ends 2029-12-31
1 metricearnings call · 8d
2026-10-22 14:02:08 UTCat least $12
But final comment I'll make is directionally, we are on a road to deliver $12 or better, our long-term 2029 guide we set up in Investor Day.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:51 UTC$12new
Collectively, this will drive approximately $12 of adjusted EPS, representing more than 10% growth annually.
HON · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2026 · ends 2026-12-31
2 metrics1 raised1 loweredearnings call · 8d
2026-10-22 14:02:08 UTC30%lowered -1.6%30% vs FY2025
This results in full-year earnings growth of approximately 30%.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:04:27 UTC30% – 31%new30% – 31% vs FY2025
The company now expects full-year sales of $20.0 billion to $20.1 billion with organic1 sales growth of 4% to 5%, and 5% to 6% organic1 growth in the fourth quarter; segment margin1 of approximately 20.5%, at the upper end of its previous guidance range, representing segment margin1 expansion of approximately 290 basis points; and adjusted earnings per share1 of $8.40 to $8.45, up 30% to 31%, representing a $0.23 increase from the midpoint of its previous guidance range.
HON · EX-99 · Q3 FY2026
2026-10-22 10:02:13 UTCOpen source
2026-10-22 14:02:08 UTC$2.1Braised +5.0%-61.3% vs FY2025
Lastly, our free cash flow guidance is up $100 million to $2.1 billion, given the higher income conversion.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:51 UTC$2Bnew-62.9% vs FY2025
Finally, we continue to expect free cash flow of roughly $2 billion in 2026, with the majority of this coming in during the second half and approximately 95% conversion rate.
HON · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTCat least 100%new
To round out the story, the cash conversion accelerated to 95% for the quarter, and we expect to be above 100% conversion in the fourth quarter.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2026
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTC$10Bnew
We expect our year-end cash balance to be approximately $3 billion, resulting in a net debt of around $10 billion.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCQ4 FY2026 · ends 2026-12-31
2 metrics1 new1 maintainedearnings call · 8d
2026-10-22 14:02:08 UTChigh single-digit rangenew7% – 9% vs Q4 FY2025
Looking ahead to the fourth quarter, we expect orders to grow in the high single-digit range, excluding the large LNG award shown in the chart on Slide 4.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 14:02:08 UTC5% – 6%maintained5% – 6% vs Q4 FY2025
As a result, we expect to deliver 5%-6% organic growth.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 10:04:27 UTC5% – 6%new5% – 6% vs Q4 FY2025
The company now expects full-year sales of $20.0 billion to $20.1 billion with organic1 sales growth of 4% to 5%, and 5% to 6% organic1 growth in the fourth quarter; segment margin1 of approximately 20.5%, at the upper end of its previous guidance range, representing segment margin1 expansion of approximately 290 basis points; and adjusted earnings per share1 of $8.40 to $8.45, up 30% to 31%, representing a $0.23 increase from the midpoint of its previous guidance range.
HON · EX-99 · Q3 FY2026
2026-10-22 10:02:13 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2026 · ends 2026-12-31
1 metric1 raisedearnings call · 8d
2026-10-22 14:02:08 UTC4% – 5%raised +28.6%4% – 5% vs FY2025
We now expect full-year organic growth of 4%-5%, up from 3%-4% previously, driven by our execution in the third quarter and stronger outlook in the fourth quarter.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:51 UTC3% – 4%lowered -22.2%3% – 4% vs FY2025
Today, we're increasing our organic sales growth outlook to 3%-4% for the year, up from previous guidance of 2%-3%, and now expect the second half to grow 4%-6% versus 3%-5% previously.
HON · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-04-24 04:01:36 UTC3% – 6%new3% – 6% vs FY2025
We're maintaining our organic growth outlook of 3%-6% despite the temporary headwinds we encountered in Q1.
HON · transcript · Q1 FY2026
2026-04-24 04:00:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2027 · ends 2027-12-31
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTCmore mid-single digit growthnew4% – 6% vs FY2026
And we do expect that it will continue to progress and find its pathway to more mid-single digit growth as we lap from 2026 to 2027.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCFY2029+ · ends 2029-12-31
1 metric1 newearnings call · 8d
2026-10-22 14:02:08 UTC25%new
From this baseline, as we continue to execute our pricing action, productivity action, we remain very confident on the margin expansion and also achieve 25% goal by 2029.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
HONHONEYWELL INTERNATIONAL INCQ4 FY2026 · ends 2026-12-31
3 metrics2 new1 maintainedearnings call · 8d
2026-10-22 14:02:08 UTC22%maintained
Industrial Automation should be at 22% margin in the fourth quarter, while Building Automation is expected to expand margins 70 to 90 basis points, and Process Automation & Technology will end the fourth quarter around 21.5%.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-07-24 04:01:51 UTC22%new
I'm confident that Pete will deliver a 22% margin rate in the fourth quarter.
HON · transcript · Q2 FY2026
2026-07-24 04:00:00 UTCOpen source
2026-10-22 14:02:08 UTC21.5%new
Industrial Automation should be at 22% margin in the fourth quarter, while Building Automation is expected to expand margins 70 to 90 basis points, and Process Automation & Technology will end the fourth quarter around 21.5%.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source
2026-10-22 14:02:08 UTC22%new
With the performance today, we expect to be at the high end of our full-year margin range at 20.5% and at approximately 22% for the fourth quarter.
HON · transcript · Q3 FY2026
2026-10-22 14:01:00 UTCOpen source