HON
Honeywell
$228.11
▼ 0.4%Updated Today 7:15 PM ET
▲ Up 9.5% over the last 12 months
Market Cap
$145.11B
P/E
31.88x
Forward P/E (est.)
39.34x
ROE
29.1%
Revenue Growth
3.6%
EPS Growth
-19.0%
Profit Margin
11.4%
FCF Yield
4.3%
Debt / Equity
2.24x
ROIC
14.0%
Interest Coverage
—
Current Ratio
1.39x
Dividend Yield
2.1%
Implied Growth (rev. DCF)
5.1%
Rating Score
39/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what HON's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. HON trades near $228.11, above its 50-day average ($221.95) and 200-day average ($213.41). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 43 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. HON's is $7.97 (~3.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month HON found buyers near $205.52 (support) and sellers near $239.94 (resistance); its 52-week range is $186.76–$248.18. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.2× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Honeywell (HON) is a large-cap company in the Industrial Conglomerates industry, part of the Industrials sector of the S&P 500, with a market value around $145.11B.
In its latest reported year it generated about $37.44B in revenue and $4.73B in net profit.
Our model rates HON Weak (39/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
2.1%
Revenue moved from $34.39B in 2021 to $37.44B in 2025, a 2.1% compound annual growth rate. The most recent year was roughly flat (3.6%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
36.8%
Operating Margin
21.7%
Net Margin
12.6%
ROE
29.1%
Honeywell keeps about 11.4% of each sales dollar as net profit, with a 36.8% gross margin and 21.7% operating margin. Return on equity is 29.1% and return on invested capital about 14.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$32.11B
Net Debt
$20.13B
Net Debt / EBITDA
2.48x
Debt / Equity
2.24x
Leverage: debt-to-equity is 2.2x, with a current ratio of 1.4x. That is elevated leverage, which raises risk if earnings or rates move against it. It carries roughly $32.11B of total debt against $11.98B of cash.
Operating CF
$6.41B
Free Cash Flow
$5.42B
FCF Margin
14.5%
In the latest year Honeywell produced about $6.41B of operating cash flow and $5.42B of free cash flow after capital spending. That is a free-cash-flow yield of about 4.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
31.88x
P/S
3.85x
P/B
8.01x
EV / EBITDA
17.4x
HON trades at 31.9x trailing earnings (about 39.3x on estimated forward earnings), 3.8x sales, and 8.0x book value. Reverse-engineering today's price implies the market expects roughly 5.1% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How HON stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), HON ranks #66 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (31.9x P/E vs. 30x median) with a higher return on equity (29.1% vs. 24.7%) and slower revenue growth (3.6% vs. 5.0%).
P/E vs sector
31.9x
median 30x
ROE vs sector
29.1%
median 24.7%
Growth vs sector
3.6%
median 5.0%
Sector rank
#66
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$177.57 – $299.07
vs. $228.11 today · expected CAGR -5% – 6%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $38.94B | $40.50B | $42.12B | $43.80B | $45.55B |
| Net income | $5.06B | $5.26B | $5.48B | $5.69B | $5.92B |
| EPS | $7.99 | $8.31 | $8.64 | $8.99 | $9.35 |
| Share price (low) | $151.79 | $157.86 | $164.17 | $170.74 | $177.57 |
| Share price (high) | $255.64 | $265.87 | $276.50 | $287.56 | $299.07 |
| CAGR (low–high) | -33% / 12% | -17% / 8% | -10% / 7% | -7% / 6% | -5% / 6% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for HON:
- Strong return on equity (29.1%) shows capital is put to work well.
- Healthy free-cash-flow yield (~4.3%) funds buybacks and dividends.
- Pays a 2.1% dividend on top of any price gains.
The case against HON:
- Elevated leverage (debt/equity 2.2x) adds financial risk.
- Our model's overall read is Weak (39/100).
Valuation risk — at 31.9x earnings, disappointing results could compress the multiple.
Balance-sheet risk — debt/equity of 2.2x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: Honeywell is a large-cap industrials business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 31.9x earnings, which our model scores Weak (39/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.