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HON

Honeywell

NASDAQIndustrialsConglomeratesSnapshot 2026-05-08

$213.12-1.37%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, HON has a composite score of 25.9 and is labeled as "mild favorable." This score is influenced by a medium confidence level of 74.9 and a low risk label, with strengths in management (71.7) and valuation (71.7), indicating it is considered inexpensive. The analysis is provisional and reflects various macroeconomic factors as top drivers.

Composite +26as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
weak
Bottom 20% of industrials cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.20
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
209423662407800
F2 · Value
cheap
Cheapest 30% of industrials cohort
Why this rank
Price
$213.12
TTM EPS
$9.70
Earnings yield
4.6%
P/E (TTM)
22.0

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
fragile
Bottom 30% cash conversion in industrials cohort
Why this rank
TTM NI ($M)
5,705
TTM CFO ($M)
6,097
CFO/NI
1.07
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 10% activity in industrials cohort· see deep-dive ↓
capital unfriendlyBottom 10% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
bearishEPS revised -5.3% / 30d, n=17for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.56 → $2.42 (-5.3% / 30d). 0 raised, 14 cut, 17 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 4 maintained. 58% of analysts rate Buy.

Price target activity

1 PT revisions / 30d. Avg target 13.4% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Maintain revenue growthgrowthbehind0% progressprovisional
    1/29: The company expects sales of $38.8 billion to $39.8 billion.
    Why this status

    Stated in 3 of last 3 quarters. Revenue was $10.88B in 2024-Q4 and $10.35B in 2025-Q2, showing limited progress. The guidance for 2026 is $38.8B to $39.8B, indicating a focus on maintaining growth, but the trajectory is behind expectations.

  2. 2.Sustain free cash flow expectationscapital allocationmixed35% progressprovisional
    1/29: Free cash flow is expected to be $5.3 billion to $5.6 billion.
    Why this status

    Stated in 3 of last 3 quarters. Cash from operating activities was $5.204B in 2025-Q3, aligning with the free cash flow guidance of $5.3B to $5.6B for 2026. The company is maintaining its cash flow expectations, but the trajectory is behind.

  3. 3.Achieve adjusted EPS growthgrowthmixed63% progressprovisional
    1/29: Expect 2026 Adjusted EPS of $10.35 - $10.65, Up 6% - 9%.
    Why this status

    Stated in 3 of last 3 quarters. Diluted EPS was 2.86 in 2025-Q3, with guidance for 2026 Adjusted EPS at $10.35 - $10.65, indicating a focus on growth. However, the trajectory is behind expectations, with limited progress in EPS growth.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
lowworst 12m loss −16%, typical day ±1.0%
Why this risk level

Recent vol — 30d annualized 26%; 252d 22%.

Drawdown — Max 1y −16%. Bad day move −2%.

Beta to sector ETF (XLI) 0.87 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 64/100, drawdown 68/100, beta 87/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite71.7 / 100
Capital allocation76
Earnings discipline85
Margin discipline91
Balance sheet36
Guidance credibility
Post-call reaction42

Met or beat guidance 100% of the last 1 guided quarters · 3.8% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Maintain revenue growth

    GrowthNew since 2026-05-04

    Focus on sustaining revenue growth despite market challenges.

    Behind

    Stated in 3 of last 3 quarters. Revenue was $10.88B in 2024-Q4 and $10.35B in 2025-Q2, showing limited progress. The guidance for 2026 is $38.8B to $39.8B, indicating a focus on maintaining growth, but the trajectory is behind expectations.

    Revenue was $10.88B in 2024-Q4 and $10.35B in 2025-Q2
    0%
    CEO/CFO:The company expects sales of $38.8 billion to $39.8 billion.
    Multiple sourcesSource dated 2026-01-29Stated 3 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (3)
    • 2026-Q1Multiple sources

      We continue to expect full-year sales of $38.8 billion to $39.8 billion.

    • 2025-Q4Multiple sources

      Full-year sales are now expected to be $39.6 billion to $40.5 billion.

    • 2025-Q3Multiple sources

      Guidance now includes the impact of the Solstice Advanced Materials spin-off.

  • #2

    Sustain free cash flow expectations

    Capital allocationNew since 2026-05-04

    Ensure free cash flow remains within the expected range.

    BehindMixed

    Stated in 3 of last 3 quarters. Cash from operating activities was $5.204B in 2025-Q3, aligning with the free cash flow guidance of $5.3B to $5.6B for 2026. The company is maintaining its cash flow expectations, but the trajectory is behind.

    Cash from operating activities was $5.204B in 2025-Q3
    35%
    CEO/CFO:Free cash flow is expected to be $5.3 billion to $5.6 billion.
    Multiple sourcesSource dated 2026-01-29Stated 3 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (3)
    • 2026-Q1Multiple sources

      Free cash flow expectations are unchanged at $5.3 billion to $5.6 billion.

    • 2025-Q4Multiple sources

      Free cash flow in the range of $5.2 billion to $5.6 billion.

    • 2025-Q3Multiple sources

      Free cash flow is still expected to be in the range of $5.4 billion to $5.8 billion.

  • #3

    Achieve adjusted EPS growth

    GrowthNew since 2026-05-04

    Target growth in adjusted earnings per share.

    BehindMixed

    Stated in 3 of last 3 quarters. Diluted EPS was 2.86 in 2025-Q3, with guidance for 2026 Adjusted EPS at $10.35 - $10.65, indicating a focus on growth. However, the trajectory is behind expectations, with limited progress in EPS growth.

    63%
    CEO/CFO:Expect 2026 Adjusted EPS of $10.35 - $10.65, Up 6% - 9%.
    Multiple sourcesSource dated 2026-01-29Stated 3 of last 8 quartersFirst seen 2026-05-04provisional
    Show history (3)
    • 2026-Q1Multiple sources

      Expect 2026 Adjusted EPS of $10.35 - $10.65, Up 6% - 9%.

    • 2025-Q4Multiple sources

      Adjusted earnings per share is now expected to be in the range of $10.60 to $10.70.

    • 2025-Q3Multiple sources

      Adjusted earnings per share is now expected to be in the range of $10.45 to $10.65.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
73higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
20.4x
EV/EBITDA
FCF yield
3.0%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
HON
Honeywell
+26inexpensivelow
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.0%
A bad day (95th %ile)
A rough but not unusual down day.
-2.0%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-16.0%
Earnings-day move
How much price usually moves on earnings day.
lowas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently REAFFIRMED as of 2026-04-23)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently REAFFIRMED as of 2026-04-23)-8.0 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-2315d agoItem 2.02

    Results of Operations and Financial Condition On April 23, 2026, Honeywell International Inc. (the “Company”) issued a press release announcing its first quarter 2026 earnings, which is furnished herewith as Exhibit 99. The information furnished pursuant to this Item 2.02, including Exhibit 99, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to…

    earnings preannouncementneutralscore 46
  2. 2026-04-2315d agoItem 8.01

    Other Events Honeywell International Inc. (the “Company”) is filing this Current Report on Form 8-K to recast historical segment information as set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission (“SEC”) on February 17, 2026 (“Original Report”). As previously disclosed and as reflected in its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2026, effective the first quarter of 20…

    capital allocationneutralscore 36
  3. 2026-03-211mo agoItem 8.01

    Other Events Honeywell Debt Tender Offers On March 20, 2026, Honeywell International Inc., a Delaware corporation (“Honeywell”), issued a press release announcing the results, as of 5:00 p.m., New York City time on March 19, 2026, of its previously announced tender offers to purchase for cash certain of the existing debt securities issued by Honeywell (the “Tender Offers”). A copy of that press release is attached as Exhibit 99.1 and incorporated by reference herein. In addition, on March 20,…

    capital allocationneutralscore 17
  4. 2026-03-062mo agoItem 1.01

    Entry into a Material Definitive Agreement On March 6, 2026, Honeywell entered into the 364-Day Credit Agreement and the Five-Year Credit Agreement, each as defined and described below under

    capital allocationneutralscore 15
  5. 2026-03-161mo agoItem 1.02

    Termination of a Material Definitive Agreement On March 16, 2026, Honeywell International Inc., a Delaware corporation (“Honeywell”), repaid in full all outstanding obligations under, and terminated, its $1.0 billion fixed rate term loan credit agreement, dated as of August 12, 2024, with the banks, financial institutions and other institutional lenders party thereto, and Bank of America, N.A. (“Bank of America”), as administrative agent.

    mna activitynegativescore 15
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-17 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.