Honeywell Technologies income statement
In fiscal 2025, Honeywell Technologies reported revenue of $37.44bn, up 7.8% on the year before, operating income of $8.13bn (a 21.7% margin) and net income of $4.73bn, or $14.72 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 30.0 | 32.4 | 36.5 | 37.7 | 39.1 | 40.3 | 38.6 | 39.3 | 40.5 | 41.8 | 36.7 | 32.6 | 34.4 | 35.5 | 33.0 | 34.7 | 37.4 | 33.6 |
| Cost of revenue | 23.3 | 24.7 | 28.6 | 28.3 | 28.4 | 29.0 | 26.7 | 27.7 | 28.1 | 29.0 | 24.3 | 22.2 | 22.1 | 22.3 | 20.6 | 21.4 | 23.6 | 29.3 |
| Gross profit | 6.9 | 7.6 | 8.0 | 9.4 | 10.7 | 11.3 | 11.8 | 12.2 | 12.4 | 12.8 | 12.4 | 10.5 | 12.3 | 13.1 | 12.4 | 13.4 | 13.8 | 4.3 |
| Research and development | 1.3 | 1.5 | 1.8 | 1.8 | 1.8 | 1.9 | 1.9 | 1.9 | 1.8 | 1.8 | 1.6 | 1.3 | 1.3 | 1.5 | 1.4 | 1.5 | 1.8 | 2.3 |
| Selling, general and administrative | 4.3 | 4.6 | 5.4 | 5.2 | 5.2 | 5.5 | 5.0 | 5.6 | 6.1 | 6.1 | 5.5 | 4.8 | 4.8 | 5.2 | 4.9 | 5.2 | 5.5 | 5.8 |
| Operating income | — | — | — | — | — | — | — | — | — | — | — | — | — | 8.0 | 7.6 | 7.7 | 8.1 | 11.0 |
| Income before tax | 2.0 | 2.7 | 2.3 | 3.9 | 5.4 | 5.8 | 6.6 | 6.5 | 7.0 | 7.5 | 7.6 | 6.0 | 7.2 | 6.4 | 6.2 | 6.2 | 5.5 | 12.4 |
| Income tax | 0.4 | 0.8 | 0.4 | 0.9 | 1.5 | 1.5 | 1.7 | 1.6 | 5.4 | 0.7 | 1.3 | 1.1 | 1.6 | 1.4 | 1.3 | 1.2 | 1.0 | 2.3 |
| Net income | 1.5 | 2.0 | 2.1 | 2.9 | 3.9 | 4.2 | 4.8 | 4.8 | 1.5 | 6.8 | 6.1 | 4.8 | 5.5 | 5.0 | 5.7 | 5.7 | 4.7 | 7.1 |
| Diluted EPS | $4.10 | $5.18 | $5.22 | $7.38 | $9.84 | $10.66 | $12.08 | $12.42 | $4.00 | $17.96 | $16.82 | $13.44 | $15.82 | $14.54 | $16.94 | $17.42 | $14.72 | — |
| Diluted shares (average) | 378m | 391m | 396m | 396m | 399m | 398m | 395m | 388m | 386m | 377m | 365m | 356m | 350m | 342m | 334m | 328m | 321m | — |
| EBITDA | — | — | — | — | — | — | — | — | — | — | — | — | — | 9.2 | 8.6 | 8.8 | 9.5 | 12.6 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 9.2 | 8.9 | 9.3 | 4.9 | 9.8 | 9.1 | 9.7 | 5.0 |
| Cost of revenue | 3.9 | 5.5 | 5.7 | 3.2 | 14.7 | 5.6 | 6.1 | 3.0 |
| Gross profit | 3.4 | 3.5 | 3.7 | 3.2 | 3.5 | 3.5 | 3.7 | 2.0 |
| Research and development | 0.3 | 0.4 | 0.5 | 0.3 | 1.0 | 0.5 | 0.5 | 0.2 |
| Selling, general and administrative | 1.2 | 1.3 | 1.4 | 1.1 | 2.1 | 1.3 | 1.3 | 1.0 |
| Operating income | 1.1 | 2.0 | 2.1 | 0.9 | 5.6 | 2.1 | 2.2 | 1.1 |
| Interest expense | — | 0.3 | 0.3 | 0.3 | — | 0.4 | 0.4 | 0.1 |
| Income before tax | 0.6 | 1.7 | 1.6 | 1.1 | 3.5 | 0.9 | 7.3 | 0.8 |
| Income tax | 0.0 | 0.4 | 0.2 | 0.2 | 0.6 | 0.1 | 1.6 | 0.1 |
| Net income | 1.3 | 1.4 | 1.6 | 1.8 | −0.1 | 0.8 | 5.7 | 0.7 |
| Diluted EPS | $3.92 | $4.44 | $4.90 | $5.71 | −$0.36 | $2.58 | $17.83 | $2.08 |
| EBITDA | 1.3 | 2.3 | 2.5 | 1.1 | 6.2 | 2.5 | 2.6 | 1.3 |
Compare with peers
- 3M income statement
- Icahn Enterprises L.p. income statement
- Compass Diversified Holdings income statement
- Matthews International Corp income statement
- Logprostyle Inc. income statement
Head to head: HON vs MMMHON vs IEPCODI vs HON
More: Industrial Conglomerates stocks compared, Industrials sector, rankings of US companies