HONEYWELL INTERNATIONAL INC (HON) Form 8-K — Oct 22, 2026
Honeywell Technologies reported Q3 2026 sales of $5.0 billion, up 1% reported and 7% organic, with broad-based growth across all three segments in its first quarter as a standalone company following the Aerospace spin-off. Adjusted EPS rose 34% to $2.27 while segment margin expanded 370 basis points to 21.3%, and free cash flow grew 15% to $688 million with 95% conversion. Reported EPS fell 20% only because of a one-time Resideo termination gain in the prior year. The company raised full-year 2026 guidance across the board: sales to $20.0-$20.1 billion, organic growth to 4-5%, adjusted EPS to $8.40-$8.45 (a $0.23 midpoint increase), and free cash flow to ~$2.1 billion.
Key figures
- Eps
- 2.4
- Revenue
- 4994
- Guidance
- FY2026 sales $20.0B-$20.1B, organic growth 4-5%, segment margin ~20.5%, adjusted EPS $8.40-$8.45 (up 30-31%), operating cash flow ~$2.1B, free cash flow ~$2.1B
- Net Income
- 664
- Total Debt
- Long-term debt $10,386M plus current maturities $3,783M and commercial paper $2,424M
- Revenue Yoy
- 1% reported, 7% organic
- Total Assets
- 53098
- Cash Position
- 5694
- Backlog
- nearly $19 billion, up 7% YoY
- Adjusted eps
- $2.27, up 34%
- Free cash flow
- $688M, up 15%
- Segment margin
- 21.3%, up 370 bps
- Segment profit
- $1,062M, up 23%
- Operating income
- $740M, up 79%
- Operating margin
- 14.8%, up 640 bps
- Guidance eps raise
- $0.23 increase from midpoint of previous range
- Building automation sales
- $2,020M, up 8% organic
- Free cash flow conversion
- 95%
- Industrial automation sales
- $1,115M, up 4% organic
- Process automation technology sales
- $1,859M, up 8% organic
AI analysis
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