Honeywell (HON)
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-11-05
$215.78-5.55%
Close 2026-11-05 · 1-day change
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-11-05
QuarterlyIQ Insights · HON
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within industrials on a research-validated quality screen. As of 2026-11-05.
The screen ranks HON against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated neutral grew net income 51% of the time over the next year (vs 61% for the rest of the cohort, n=9285).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 100% of the last 1 guided quarters · 107.5% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continued momentum across all three segments, together with our improving position in high-growth verticals, translated to 7% organic sales growth, above the three-year target set at our June Investo…
Stated in 8 of 8 supplied quarters. Management reported: “The company now expects full-year sales of $20.0 billion to $20.1 billion with organic 1 sales growth of 4% to 5%, and 5% to 6% organic 1 growth in the fourth quarter; segment margin 1 of approximately 20.5%, at the upper end of its previous guidance range, representing segment margin 1 expansion of approximately 290 basis points; and adjusted earnings per share 1 of $8.40 to $8.45, up 30% to 31%, representing a $0.23 increase from the midpoint of its previous guidance range.” “Continued momentum across all three segments, together with our improving position in high-growth verticals, translated to 7% organic sales growth, above the three-year target set at our June Investor Day.”
“Continued momentum across all three segments, together with our improving position in high-growth verticals, translated to 7% organic sales growth, above the three-year target set at our June Investo…”
“Honeywell Technologies delivered strong organic orders and sales growth, and 100 basis points of segment margin expansion, leading to double digit earnings growth in the second quarter and reinforcin…”
“Document Exhibit 99 Contacts: Media Investor Relations Stacey Jones Mark Macaluso (980) 378-6258 (704) 627-6118 stacey.jones@honeywell.com mark.macaluso@honeywell.com HONEYWELL REPORTS FIRST QUARTER…”
“Document Exhibit 99.1 Contacts: Media Investor Relations Stacey Jones Mark Macaluso (980) 378-6258 (704) 627-6118 stacey.jones@honeywell.com mark.macaluso@honeywell.com HONEYWELL REPORTS FOURTH QUART…”
“Document Exhibit 99.1 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 Stacey.Jones@honeywell.com Sean.Meakim@honeywell.com HONEYWELL COMPLETES SPIN-OFF OF SO…”
“Document Exhibit 99 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 stacey.jones@honeywell.com sean.meakim@honeywell.com HONEYWELL REPORTS SECOND QUARTER RES…”
This performance, coupled with continued progress reducing fixed cost, enabled adjusted operating income to increase at more than three times the rate of sales, while adjusted EPS rose 34%, well ahea…
Stated in 8 of 8 supplied quarters. Management reported: “The company now expects full-year sales of $20.0 billion to $20.1 billion with organic 1 sales growth of 4% to 5%, and 5% to 6% organic 1 growth in the fourth quarter; segment margin 1 of approximately 20.5%, at the upper end of its previous guidance range, representing segment margin 1 expansion of approximately 290 basis points; and adjusted earnings per share 1 of $8.40 to $8.45, up 30% to 31%, representing a $0.23 increase from the midpoint of its previous guidance range.”
Finally, operating cash flow and free cash flow are now expected to be ~$2.1 billion each.
Stated in 8 of 8 supplied quarters. Management reported: “The company now expects full-year sales of $20.0 billion to $20.1 billion with organic 1 sales growth of 4% to 5%, and 5% to 6% organic 1 growth in the fourth quarter; segment margin 1 of approximately 20.5%, at the upper end of its previous guidance range, representing segment margin 1 expansion of approximately 290 basis points; and adjusted earnings per share 1 of $8.40 to $8.45, up 30% to 31%, representing a $0.23 increase from the midpoint of its previous guidance range.” “Finally, operating cash flow and free cash flow are now expected to be ~$2.1 billion each.”
As a result of this strong performance, we are raising our full-year 2026 outlook, which gives me great confidence in our long-term strategy and our ability to deliver on our 2029 targets,” said Chai…
Stated in 8 of 8 supplied quarters. Management reported: “As a result of this strong performance, we are raising our full-year 2026 outlook, which gives me great confidence in our long-term strategy and our ability to deliver on our 2029 targets,” said Chairman and Chief Executive Officer Vimal Kapur.” “As a simplified company, Honeywell Technologies is now positioned to further accelerate profitable growth as we leverage our deep domain expertise and vast installed base to create enduring value for our shareowners," said Vimal Kapur, chairman and chief executive officer of Honeywell Technologies.”
Use acquisitions and divestitures to focus the portfolio, with management citing selective M&A and strategic business reviews.
Over the trailing year it converted 0.67x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 59% of the time over the next year (vs 54% for the rest of the cohort, n=6652).
Most sensitive to the broad stock market and long-term interest rates.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
38 material management or governance events in the past 24 months, led by M&A activity. Historically, Industrials names rated volatile grew net income 52% of the time over the next year (vs 59% for the rest of the cohort, n=6547).
Not investment advice. As of 2026-11-05.
“Document Exhibit 99 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 stacey.jones@honeywell.com sean.meakim@honeywell.com HONEYWELL REPORTS FIRST QUARTER RESU…”
“The company expects sales of $39.6 billion to $40.6 billion with organic 1 sales growth in the range of 2% to 5%.”
“This performance, coupled with continued progress reducing fixed cost, enabled adjusted operating income to increase at more than three times the rate of sales, while adjusted EPS rose 34%, well ahea…”
“Honeywell Technologies delivered strong organic orders and sales growth, and 100 basis points of segment margin expansion, leading to double digit earnings growth in the second quarter and reinforcin…”
“Document Exhibit 99 Contacts: Media Investor Relations Stacey Jones Mark Macaluso (980) 378-6258 (704) 627-6118 stacey.jones@honeywell.com mark.macaluso@honeywell.com HONEYWELL REPORTS FIRST QUARTER…”
“Segment margin 2 is expected to be 22.7% to 23.1%, with segment margin 2,6 expansion of 20 to 60 basis points.”
“Document Exhibit 99.1 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 Stacey.Jones@honeywell.com Sean.Meakim@honeywell.com HONEYWELL COMPLETES SPIN-OFF OF SO…”
“Segment margin 2 is expected to be in the range of 23.0% to 23.2%, with segment margin 2 expansion of 40 to 60 basis points year over year.”
“Segment margin 2 is expected to be in the range of 23.2% to 23.5%, with segment margin 2 expansion of 60 to 90 basis points year over year.”
“Segment margin 2 is expected to be in the range of 23.2% to 23.6%, with segment margin 2 expansion of 60 to 100 basis points.”
“Finally, operating cash flow and free cash flow are now expected to be ~$2.1 billion each.”
“Operating cash flow is expected to be approximately $2.1 billion, while free cash flow 1 expectations are unchanged at approximately $2.0 billion for the full year.”
“Operating cash flow is now expected to be in the range of $4.4 billion to $4.7 billion, while free cash flow 1,4 expectations are unchanged at $5.3 billion to $5.6 billion.”
“Free cash flow 1,5 is expected to be $5.3 billion to $5.6 billion, representing growth of 4% to 10% for the full year.”
“Document Exhibit 99.1 Contacts: Media Investor Relations Stacey Jones Sean Meakim (980) 378-6258 (704) 627-6200 Stacey.Jones@honeywell.com Sean.Meakim@honeywell.com HONEYWELL COMPLETES SPIN-OFF OF SO…”
“Operating cash flow is still expected to be in the range of $6.7 billion to $7.1 billion, with free cash flow 1 in the range of $5.4 billion to $5.8 billion.”
“Free cash flow 1 is still expected to be in the range of $5.4 billion to $5.8 billion.”
“The company expects operating cash flow of $6.7 billion to $7.1 billion, and free cash flow 1 of $5.4 billion to $5.8 billion.”
“As a result of this strong performance, we are raising our full-year 2026 outlook, which gives me great confidence in our long-term strategy and our ability to deliver on our 2029 targets,” said Chai…”
“As a simplified company, Honeywell Technologies is now positioned to further accelerate profitable growth as we leverage our deep domain expertise and vast installed base to create enduring value for…”
“Further, the Honeywell Aerospace spin-off is now expected to be completed in the third quarter on June 29.”
“Building on this momentum, we now expect the separation of our automation and aerospace businesses to be completed in the third quarter of 2026.”
““The completion of this spin-off marks a major advancement in Honeywell’s transformation to become three independent, industry-leading companies with distinct strategies and growth drivers,” said Vim…”
“The planned separation, coupled with the previously announced plan to spin advanced materials, expected in the fourth quarter of 2025, will result in three publicly-listed industry leaders and is int…”
“The planned separation, coupled with the previously announced plan to spin Advanced Materials, will result in three publicly-listed industry leaders and is intended to be completed in the second half…”
“The separation is intended to be completed in the second half of 2026 and in a manner that is tax-free to Honeywell shareholders.”