HON financial statements

The full income statement, balance sheet, and cash-flow statement for Honeywell International Inc. (HON), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 324.8M2024-09 325.1M2024-12 325.0M2025-03 321.3M2025-06 317.4M2025-09 317.4M2025-12 317.8M2026-03 316.8M2026-06 316.9M-2.4% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	37.4B YoY+7.8%	34.7B YoY+5.2%	33.0B YoY-6.9%	35.5B YoY+3.1%	34.4B YoY+5.4%
Cost of revenue	23.6B YoY+10.5%	21.4B YoY+3.5%	20.6B YoY-7.7%	22.3B YoY+1.3%	22.1B YoY-0.5%
Research & development	1.81B YoY+24.6%	1.45B YoY+5.7%	1.38B YoY-7.0%	1.48B YoY+10.9%	1.33B YoY-0.1%
Selling, general & administrative	5.45B YoY+4.1%	5.24B YoY+7.1%	4.89B YoY-6.3%	5.21B YoY+8.7%	4.80B YoY+0.5%
Restructuring	210M YoY-5.0%	221M YoY-34.0%	335M YoY-20.2%	420M YoY+26.9%	331M YoY-41.4%
Amortization of intangibles	570M YoY+38.7%	411M YoY+41.7%	290M YoY-12.9%	333M YoY-28.4%	465M YoY+29.9%
Operating income	8.13B YoY+6.0%	7.67B YoY+1.4%	7.56B YoY-5.7%	8.02B	—
Interest expense	1.34B YoY+28.2%	1.05B YoY+39.9%	749M YoY+80.9%	414M YoY+20.7%	343M YoY-4.5%
Interest & investment income	369M YoY-14.2%	430M YoY+34.0%	321M YoY+132.6%	138M YoY+35.3%	102M YoY-4.7%
Other non-operating income	1.25B YoY+47.9%	843M YoY+1.6%	830M YoY+126.8%	366M YoY-73.4%	1.38B YoY+104.1%
Equity-method income	44.0M YoY-6.4%	47.0M YoY-42.7%	82.0M YoY+34.4%	61.0M YoY-9.0%	67.0M YoY+1.5%
Pre-tax income	5.48B YoY-12.3%	6.24B YoY+0.9%	6.19B YoY-2.9%	6.38B YoY-11.8%	7.24B YoY+20.3%
Income tax	1.01B YoY-19.3%	1.25B YoY-1.0%	1.26B YoY-10.6%	1.41B YoY-13.1%	1.63B YoY+41.7%
	4.73B YoY-17.1%	5.71B YoY+0.8%	5.66B YoY+13.9%	4.97B YoY-10.4%	5.54B YoY+16.0%
Income from continuing operations	4.46B YoY-10.2%	4.97B YoY+1.1%	4.91B	—	—
Discontinued operations	304M YoY-59.2%	745M YoY+0.3%	743M	—	—
Net income to non-controlling interest	43.0M YoY+22.9%	35.0M YoY+150.0%	14.0M YoY+1300.0%	1.00M YoY-98.5%	68.0M YoY-20.9%
	$14.72 YoY-15.5%	$17.42 YoY+2.8%	$16.94 YoY+16.5%	$14.54 YoY-8.1%	$15.82 YoY+17.7%
EPS (basic)	$14.80 YoY-15.5%	$17.52 YoY+2.7%	$17.06 YoY+16.4%	$14.66 YoY-8.5%	$16.02 YoY+18.0%
	320M YoY-1.8%	325M YoY-1.8%	332M YoY-2.1%	339M YoY-2.2%	346M YoY-1.7%
	321M YoY-1.9%	328M YoY-1.9%	334M YoY-2.2%	342M YoY-2.5%	350M YoY-1.5%
Dividends per share	$9.16 YoY+4.8%	$8.74 YoY+4.8%	$8.34 YoY+5.0%	$7.94 YoY+5.3%	$7.54 YoY+3.9%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	30.4B YoY+8.9%	27.9B YoY+18.7%	23.5B YoY-5.9%	25.0B YoY-1.5%	25.4B YoY-9.9%
Cash & equivalents	12.5B YoY+26.1%	9.91B YoY+25.0%	7.92B YoY-17.7%	9.63B YoY-12.2%	11.0B YoY-23.2%
Short-term investments	443M YoY+14.8%	386M YoY+127.1%	170M YoY-64.8%	483M YoY-14.4%	564M YoY-40.3%
Accounts receivable	7.62B YoY+5.2%	7.25B YoY-3.8%	7.53B YoY+1.2%	7.44B YoY+8.9%	6.83B YoY+0.0%
Inventory	6.16B YoY+4.7%	5.88B YoY-4.8%	6.18B YoY+11.6%	5.54B YoY+7.8%	5.14B YoY+14.5%
Other current assets	1.18B YoY-6.1%	1.26B YoY-25.9%	1.70B YoY-10.3%	1.89B YoY+0.7%	1.88B YoY+14.8%
	73.7B YoY-2.0%	75.2B YoY+22.2%	61.5B YoY-1.2%	62.3B YoY-3.4%	64.5B YoY-0.2%
Property, plant & equipment	—	—	—	5.47B YoY-1.6%	5.56B YoY-0.1%
Operating lease right-of-use	876M YoY-6.4%	936M YoY-6.8%	1.00B YoY+14.0%	881M YoY-7.0%	947M YoY+22.5%
Goodwill	21.1B YoY+0.3%	21.0B YoY+21.9%	17.2B YoY-1.5%	17.5B YoY-1.5%	17.8B YoY+10.6%
Intangible assets	6.74B YoY+1.7%	6.62B YoY+104.9%	3.23B YoY+0.3%	3.22B YoY-10.8%	3.61B YoY+1.5%
Deferred tax assets	199M YoY-15.3%	235M YoY-40.1%	392M YoY-6.9%	421M YoY-13.9%	489M YoY-35.7%
Other non-current assets	9.25B YoY-12.4%	10.6B YoY+10.2%	9.58B YoY+0.7%	9.51B YoY-6.1%	10.1B YoY+7.7%
	23.4B YoY+10.2%	21.3B YoY+14.7%	18.5B YoY-7.0%	19.9B YoY+2.2%	19.5B YoY+1.6%
Accounts payable	6.32B YoY+3.4%	6.11B YoY-10.8%	6.85B YoY+8.2%	6.33B YoY-2.4%	6.48B YoY+12.8%
Accrued liabilities	8.46B YoY+5.1%	8.05B YoY+3.2%	7.81B YoY-14.8%	9.16B YoY+19.3%	7.68B YoY+3.7%
Deferred revenue	3.86B YoY+12.6%	3.43B YoY-2.0%	3.50B YoY-1.6%	3.56B YoY+12.4%	3.16B YoY+7.9%
Short-term & current debt	5.89B YoY+37.9%	4.27B YoY+104.9%	2.08B YoY-23.3%	2.72B YoY-23.3%	3.54B YoY-1.5%
Current lease liability	174M YoY-1.1%	176M YoY-10.2%	196M YoY+2.1%	192M YoY+3.8%	185M YoY-1.1%
Finance lease liability (current)	37.0M YoY-21.3%	47.0M YoY-45.3%	86.0M YoY+11.7%	77.0M YoY+35.1%	57.0M YoY-5.0%
Long-term debt	28.7B YoY+6.9%	26.8B YoY+46.1%	18.4B YoY+8.9%	16.9B YoY+5.0%	16.1B YoY-14.5%
Deferred revenue (non-current)	1.11B YoY-4.7%	1.17B YoY-0.4%	1.17B YoY-12.2%	1.33B YoY+0.8%	1.32B YoY-2.4%
Non-current lease liability	809M YoY-6.3%	863M YoY-3.8%	897M YoY+15.7%	775M YoY-8.5%	847M YoY+32.1%
Operating lease liability (total)	983M YoY-5.4%	1.04B YoY-4.9%	1.09B YoY+13.0%	967M YoY-6.3%	1.03B YoY+24.6%
Finance lease liability (total)	64.0M YoY-31.2%	93.0M YoY-49.7%	185M YoY-16.7%	222M YoY+42.3%	156M YoY-15.2%
Finance lease liability	27.0M YoY-41.3%	46.0M YoY-53.5%	99.0M YoY-31.7%	145M YoY+46.5%	99.0M YoY-20.2%
Deferred tax liabilities	1.58B YoY-0.3%	1.58B YoY-24.5%	2.09B YoY+0.0%	2.09B YoY-11.5%	2.36B YoY+11.9%
Other non-current liabilities	6.41B YoY+14.8%	5.58B YoY-10.9%	6.26B YoY-3.2%	6.47B YoY-8.7%	7.09B YoY+1.6%
	13.9B YoY-25.3%	18.6B YoY+17.4%	15.9B YoY-5.0%	16.7B YoY-10.1%	18.6B YoY+5.8%
Common stock	—	—	—	—	958M YoY+0.0%
Additional paid-in capital	10.2B YoY+4.8%	9.70B YoY+7.0%	9.06B YoY+5.8%	8.56B YoY+5.2%	8.14B YoY+11.6%
Retained earnings	51.0B YoY+0.3%	50.8B YoY+6.0%	48.0B YoY+6.4%	45.1B YoY+5.3%	42.8B YoY+7.3%
Treasury stock	43.0B YoY+9.3%	39.4B YoY+3.6%	38.0B YoY+10.4%	34.4B YoY+13.1%	30.5B YoY+11.9%
Accumulated other comprehensive income	-5.15B YoY-47.4%	-3.49B YoY+15.6%	-4.13B YoY-19.0%	-3.48B YoY-20.0%	-2.90B YoY+14.3%
Non-controlling interest	1.13B YoY+110.5%	535M YoY-7.4%	578M YoY-7.1%	622M YoY-7.6%	673M YoY+179.3%
Total equity incl. non-controlling	15.0B YoY-21.5%	19.2B YoY+16.6%	16.4B YoY-5.1%	17.3B YoY-10.0%	19.2B YoY+8.2%
Total liabilities & equity	73.7B YoY-2.0%	75.2B YoY+22.2%	61.5B YoY-1.2%	62.3B YoY-3.4%	64.5B YoY-0.2%
	479M YoY+0.0%	479M YoY+0.0%	479M YoY+0.0%	479M YoY+0.0%	479M
	318M YoY-2.2%	325M YoY-0.3%	326M YoY-2.4%	334M YoY-2.5%	342M YoY-1.7%
	318M YoY-2.2%	325M YoY-0.3%	326M YoY-2.4%	334M YoY-2.6%	343M YoY-1.4%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	6.41B YoY+5.1%	6.10B YoY+14.2%	5.34B YoY+1.3%	5.27B YoY-12.7%	6.04B YoY-2.7%
Depreciation & amortization	1.39B YoY+20.4%	1.15B YoY+14.8%	1.00B YoY-16.6%	1.20B YoY+5.8%	1.14B YoY+13.5%
Intangible amortization	570M YoY+38.7%	411M YoY+41.7%	290M YoY-12.9%	333M YoY-28.4%	465M YoY+29.9%
Share-based compensation	196M YoY+3.7%	189M YoY-4.1%	197M YoY+4.8%	188M YoY-13.4%	217M YoY+29.2%
Deferred income taxes	18.0M YoY+107.9%	-229M YoY-221.2%	189M YoY+205.0%	-180M YoY-201.1%	178M YoY+201.7%
Change in receivables	825M YoY+539.5%	129M YoY+292.5%	-67.0M YoY-109.1%	739M YoY+9137.5%	8.00M YoY+101.2%
Change in inventory	636M YoY+122.4%	286M YoY-47.9%	549M YoY+24.8%	440M YoY-35.8%	685M YoY+922.4%
Change in payables	724M YoY+828.2%	78.0M YoY-82.4%	444M YoY+386.5%	-155M YoY-120.8%	744M YoY+4860.0%
	-2.71B YoY+73.3%	-10.2B YoY-685.5%	-1.29B YoY-1290.3%	-93.0M YoY+91.2%	-1.06B YoY-7.5%
Capital expenditure	986M YoY+13.2%	871M YoY+17.5%	741M YoY-3.3%	766M YoY-14.4%	895M YoY-1.2%
Free cash flow	5.42B YoY+3.8%	5.23B YoY+13.6%	4.60B YoY+2.0%	4.51B YoY-12.3%	5.14B YoY-3.0%
Acquisitions	2.21B YoY-75.1%	8.88B YoY+1136.8%	718M YoY+303.4%	178M YoY-86.6%	1.33B YoY+408.0%
Purchases of investments	1.50B YoY+39.6%	1.08B YoY+92.3%	560M YoY-53.8%	1.21B YoY-49.0%	2.37B YoY-26.7%
Sales/maturities of investments	1.47B YoY+68.9%	870M YoY-10.4%	971M YoY-22.6%	1.25B YoY-50.3%	2.52B YoY-28.0%
Proceeds from sale of PP&E	31.0M	0.00 YoY-100.0%	43.0M YoY+48.3%	29.0M YoY+7.4%	27.0M YoY-52.6%
	-1.95B YoY-128.6%	6.84B YoY+218.7%	-5.76B YoY+9.0%	-6.33B YoY+23.3%	-8.25B YoY-10090.1%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	3.80B YoY+129.8%	1.66B YoY-55.5%	3.71B YoY-11.5%	4.20B YoY+24.3%	3.38B YoY-9.0%
Dividends paid	2.98B YoY+2.5%	2.90B YoY+1.6%	2.85B YoY+5.0%	2.72B YoY+3.5%	2.63B YoY+1.3%
Other financing activities	469M YoY+15533.3%	3.00M YoY-89.3%	28.0M YoY+158.3%	-48.0M YoY+40.7%	-81.0M YoY-37.3%
Net change in cash	1.92B YoY-27.3%	2.64B YoY+255.2%	-1.70B YoY-27.8%	-1.33B YoY+59.8%	-3.32B YoY-163.7%
Interest paid	1.30B YoY+49.6%	869M YoY+33.9%	649M YoY+73.1%	375M YoY+10.6%	339M YoY+3.0%
Income taxes paid	1.80B YoY+6.5%	1.69B YoY+6.8%	1.58B YoY+19.4%	1.32B YoY+10.1%	1.20B YoY+2.5%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	62.0B YoY-10.4%	69.2B YoY+6.2%	65.2B YoY-4.0%	67.9B YoY+0.8%	67.4B YoY-3.3%
P/E	13.1× YoY+8.1%	12.1× YoY+0.8%	12.0× YoY+17.5%	10.2× YoY-15.8%	12.2× YoY-16.6%
P/S	1.7× YoY-16.9%	2.0× YoY+11.4%	1.8× YoY+14.4%	1.6× YoY-20.2%	2.0× YoY-8.3%
P/B	4.5× YoY+20.0%	3.7× YoY-1.7%	3.8× YoY-1.4%	3.8× YoY+5.7%	3.6× YoY-8.6%
P/FCF	11.4× YoY-13.6%	13.2× YoY-22.1%	17.0× YoY+42.0%	12.0× YoY-8.7%	13.1× YoY-0.3%
	7.6% YoY-7.5%	8.2% YoY-0.8%	8.3% YoY-14.9%	9.8% YoY+18.8%	8.2% YoY+20.0%
	8.7% YoY+15.8%	7.6% YoY+28.3%	5.9% YoY-29.6%	8.4% YoY+9.5%	7.6% YoY+0.3%
	4.7% YoY+14.4%	4.1% YoY-2.7%	4.2% YoY+7.3%	3.9% YoY+2.5%	3.8% YoY+5.9%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: HON's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HON filings on SEC EDGAR → Not investment advice.