Honeywell International
Market Cap
US$144.5b
Last Updated
2021/01/19 23:06 UTC
Data Sources
Company Financials +
Executive Summary
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has Honeywell International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HON is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: HON's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-1.0%
HON
-1.1%
US Industrials
0.3%
US Market
1 Year Return
14.3%
HON
2.9%
US Industrials
21.1%
US Market
Return vs Industry: HON exceeded the US Industrials industry which returned 0.8% over the past year.
Return vs Market: HON underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| HON | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.0% | -1.1% | 0.3% |
| 30 Day | -1.6% | -0.2% | 3.3% |
| 90 Day | 19.6% | 18.1% | 14.2% |
| 1 Year | 16.9%14.3% | 5.5%2.9% | 23.8%21.1% |
| 3 Year | 44.1%29.6% | -0.8%-9.6% | 45.0%35.4% |
| 5 Year | 144.9%109.9% | 8.9%-6.1% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is Honeywell International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Can Honeywell International Inc. (NYSE:HON) Maintain Its Strong Returns?4 weeks ago | Simply Wall St
Honeywell International (NYSE:HON) Has Gifted Shareholders With A Fantastic 136% Total Return On Their Investment1 month ago | Simply Wall St
Honeywell International (NYSE:HON) Has A Pretty Healthy Balance SheetValuation
Is Honeywell International undervalued compared to its fair value and its price relative to the market?
10.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HON ($206.76) is trading below our estimate of fair value ($231.09)
Significantly Below Fair Value: HON is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: HON is poor value based on its PE Ratio (29.3x) compared to the US Industrials industry average (27.8x).
PE vs Market: HON is poor value based on its PE Ratio (29.3x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: HON is poor value based on its PEG Ratio (3.1x)
Price to Book Ratio
PB vs Industry: HON is overvalued based on its PB Ratio (8x) compared to the US Industrials industry average (3.6x).
Next Steps
Future Growth
How is Honeywell International forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
9.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HON's forecast earnings growth (9.4% per year) is above the savings rate (2%).
Earnings vs Market: HON's earnings (9.4% per year) are forecast to grow slower than the US market (21.6% per year).
High Growth Earnings: HON's earnings are forecast to grow, but not significantly.
Revenue vs Market: HON's revenue (5.7% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: HON's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HON's Return on Equity is forecast to be high in 3 years time (38.8%)
Next Steps
Past Performance
How has Honeywell International performed over the past 5 years?
6.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HON has high quality earnings.
Growing Profit Margin: HON's current net profit margins (15%) are lower than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: HON's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: HON's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HON had negative earnings growth (-20.9%) over the past year, making it difficult to compare to the Industrials industry average (-20.9%).
Return on Equity
High ROE: Whilst HON's Return on Equity (27.71%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Honeywell International's financial position?
Financial Position Analysis
Short Term Liabilities: HON's short term assets ($28.2B) exceed its short term liabilities ($17.2B).
Long Term Liabilities: HON's short term assets ($28.2B) exceed its long term liabilities ($28.0B).
Debt to Equity History and Analysis
Debt Level: HON's debt to equity ratio (120.2%) is considered high.
Reducing Debt: HON's debt to equity ratio has increased from 58.3% to 120.2% over the past 5 years.
Debt Coverage: HON's debt is well covered by operating cash flow (27.4%).
Interest Coverage: HON's interest payments on its debt are well covered by EBIT (31.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Honeywell International current dividend yield, its reliability and sustainability?
1.80%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HON's dividend (1.8%) is higher than the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: HON's dividend (1.8%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: HON's dividends per share have been stable in the past 10 years.
Growing Dividend: HON's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.1%), HON's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HON's dividends in 3 years are forecast to be well covered by earnings (49.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Darius Adamczyk (54 yo)
3.83yrs
Tenure
US$20,525,104
Compensation
Mr. Darius E. Adamczyk is Chairman and Chief Executive Officer of Honeywell since April 2018, a leading software-industrial company that helps connect everything from aircraft, cars, homes and buildings, m...
CEO Compensation Analysis
Compensation vs Market: Darius's total compensation ($USD20.53M) is above average for companies of similar size in the US market ($USD10.55M).
Compensation vs Earnings: Darius's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 3.83yrs | US$20.53m | 0.017% $ 24.6m | |
| Senior VP & CFO | 2.42yrs | US$6.64m | 0.0031% $ 4.4m | |
| Senior VP & General Counsel | 3.25yrs | US$6.71m | 0.0035% $ 5.1m | |
| Senior Vice President of Enterprise Transformation | no data | US$10.29m | 0.030% $ 43.2m | |
| President and CEO of Performance Materials & Technologies | no data | US$6.53m | 0.0013% $ 1.9m | |
| Vice President of Investments | no data | no data | no data | |
| VP, Controller & Principal Accounting Officer | 1.5yrs | no data | no data | |
| Chief Technology Officer | no data | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP, Deputy General Counsel | no data | no data | no data | |
| VP of Corporate Development and Global Head of M&A | 3.25yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 0.58yr | no data | 0.00025% $ 361.3k |
2.8yrs
Average Tenure
54yo
Average Age
Experienced Management: HON's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board | 3.83yrs | US$20.53m | 0.017% $ 24.6m | |
| Independent Director | 15yrs | US$330.58k | 0.0011% $ 1.6m | |
| Independent Director | 2.92yrs | US$273.34k | 0% $ 0 | |
| Independent Director | 6.08yrs | US$305.07k | 0.00071% $ 1.0m | |
| Independent Director | 12.08yrs | US$330.07k | 0.0022% $ 3.2m | |
| Independent Director | 10.92yrs | US$303.34k | 0.0028% $ 4.0m | |
| Independent Lead Director | 0.75yr | US$316.76k | 0.0036% $ 5.1m | |
| Independent Director | 17.58yrs | US$332.25k | 0.0025% $ 3.6m | |
| Chairman of Homes & Global Distribution Business | 2.92yrs | US$9.98m | no data | |
| Independent Director | 7.75yrs | US$302.26k | 0.00085% $ 1.2m | |
| Independent Director | 8.08yrs | US$299.07k | 0.00086% $ 1.2m | |
| Independent Director | 9.75yrs | US$310.07k | 0.0017% $ 2.5m |
7.9yrs
Average Tenure
66yo
Average Age
Experienced Board: HON's board of directors are considered experienced (7.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HON insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Honeywell International Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Honeywell International Inc.
- Ticker: HON
- Exchange: NYSE
- Founded: 1985
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: US$144.526b
- Shares outstanding: 701.69m
- Website: https://www.honeywell.com
Number of Employees
Location
- Honeywell International Inc.
- 300 South Tryon Street
- Charlotte
- North Carolina
- 28202
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HON | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Sep 1985 |
| HON | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Sep 1985 |
| HON * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Sep 1985 |
| ALD | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 1985 |
| ALD | XTRA (XETRA Trading Platform) | Yes | Common Stock | DE | EUR | Sep 1985 |
| HON | SNSE (Santiago Stock Exchange) | Yes | Common Stock | CL | USD | Sep 1985 |
| HON | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Sep 1985 |
| ALD | ETLX (Eurotlx) | Yes | Common Stock | IT | EUR | Sep 1985 |
| HON | BASE (Buenos Aires Stock Exchange) | CEDEAR EACH 8 REP 1 | AR | ARS | Oct 2000 | |
| HONB34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM USD1 | BR | BRL | Aug 2012 |
Biography
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environme...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 23:06 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.