PerpEquities

Equity · Industrials

Is Honeywell (HON) tradable as a perp? Not yet

Honeywell International Inc. is a global diversified technology and manufacturing leader serving aerospace, building technologies, performance materials, and safety & productivity solutions.

Not yet listed on any perp exchange

No perpetual-futures venue lists HON yet. We track it continuously; as soon as the first listing appears, this page becomes a full market page. Until then: fundamentals below and tradable alternatives.

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TradingView symbol NASDAQ:HON

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Company data

Company fundamentals

Updated 2h ago
Market cap
$65.4B
Updated 2h ago
Revenue
$36.1B
Trailing 12 months
Revenue growth
-46%
Next fiscal year
Profit margin
+22.7%
P/E
8.0
Peer P/E 30.1
Free cash flow
$4.1B
Trailing 12 months
More metrics
Net income
$8.2B
Trailing 12 months
P/S
1.8
Peer P/E
30.1
Similar listed perps
Revenue estimate
$20.1B
Next fiscal year
Earnings
2026-10-22
Revenue est. $5B · Updated 2h ago
Dividend
$0.7
2026-08-14

Fundamental detail

Annual + quarterly
Latest revenue$37.4B
Net margin+12.6%
Free cash flow$5.4B
Net debt$22.1B
2020$32.6B
2021$34.4B
2022$35.5B
2023$33B
2024$34.7B
2025$37.4B
PeriodRevenueGrowthNet incomeFCF
2020$32.6B-11%$4.8B$5.3B
2021$34.4B+5%$5.5B$5.1B
2022$35.5B+3%$5B$4.5B
2023$33B-7%$5.7B$4.6B
2024$34.7B+5%$5.7B$5.2B
2025$37.4B+8%$4.7B$5.4B
PeriodGross marginOperating marginNet marginROEROA
2020+32.1%+17.5%+14.6%+27.2%+7.4%
2021+35.9%+18.0%+16.1%+29.8%+8.6%
2022+37.0%+18.1%+14.0%+29.7%+8.0%
2023+37.5%+18.5%+17.1%+35.7%+9.2%
2024+38.5%+19.2%+16.4%+30.6%+7.6%
2025+36.9%+17.5%+12.6%+30.6%+6.4%
PeriodCashDebtNet debtCurrent ratio
2020$14.3B$23.2B$8.9B1.47
2021$11B$20.6B$9.7B1.30
2022$9.6B$20.5B$10.9B1.25
2023$7.9B$21.5B$13.6B1.27
2024$10.6B$32.2B$21.7B1.31
2025$12.5B$34.6B$22.1B1.32
PeriodMarket capEnterprise valueP/SP/E
2020$74B$83B2.315.5
2021$71.3B$81B2.112.9
2022$71.7B$82.6B2.014.4
2023$68.7B$82.3B2.112.2
2024$72.7B$94.3B2.112.7
2025$65.4B$87.5B1.713.8
Q3 2024$9.7B
Q4 2024$10.1B
Q1 2025$9.8B
Q2 2025$10.4B
Q3 2025$10.4B
Q4 2025$6.9B
Q1 2026$9.1B
Q2 2026$9.7B
PeriodRevenueGrowthNet incomeFCF
Q3 2024$9.7B+6%$1.4B$1.7B
Q4 2024$10.1B+7%$1.3B$2.2B
Q1 2025$9.8B+8%$1.4B$346M
Q2 2025$10.4B+8%$1.6B$955M
Q3 2025$10.4B+7%$1.8B$2.9B
Q4 2025$6.9B-32%-$115M$1.1B
Q1 2026$9.1B-7%$821M-$873M
Q2 2026$9.7B-6%$5.7B$961M
PeriodGross marginOperating marginNet marginROEROA
Q3 2024+38.5%+20.4%+14.5%+8.1%+1.9%
Q4 2024+36.4%+18.2%+12.7%+6.9%+1.7%
Q1 2025+38.5%+20.2%+14.8%+8.3%+1.9%
Q2 2025+38.9%+20.4%+15.2%+9.8%+2.0%
Q3 2025+34.1%+16.9%+17.5%+10.9%+2.3%
Q4 2025+36.1%+10.4%-1.7%-0.7%-0.2%
Q1 2026+38.7%+9.7%+9.0%+3.9%+1.1%
Q2 2026+37.6%+17.9%+58.5%+22.5%+7.3%
PeriodCashDebtNet debtCurrent ratio
Q3 2024$10.6B$32B$21.3B1.44
Q4 2024$10.6B$32.2B$21.7B1.31
Q1 2025$9.7B$34B$24.3B1.25
Q2 2025$10.3B$37.6B$27.3B1.29
Q3 2025$12.9B$37B$24.1B1.36
Q4 2025$12.5B$33B$20.5B1.32
Q1 2026$12B$36.7B$24.8B1.39
Q2 2026$8.8B$34B$25.2B1.21
PeriodMarket capEnterprise valueP/SP/E
Q3 2024$66.4B$87.8B6.811.8
Q4 2024$72.6B$94.3B7.214.1
Q1 2025$67.8B$92.2B6.911.7
Q2 2025$73.4B$100.7B7.111.7
Q3 2025$66.1B$90.2B6.49.1
Q4 2025$65B$85.5B9.5-142.1
Q1 2026$75.2B$100B8.223.0
Q2 2026$71B$96.3B7.33.1

Refreshed 2h ago

Charts: revenue, profit, cash flow & valuation
Revenue$9.7BQ2 2026
$2.6B$5.2B$7.8B$10.4BQ3 2023: $9.2BQ4 2023: $9.4BQ1 2024: $9.1BQ2 2024: $9.6BQ3 2024: $9.7BQ4 2024: $10.1BQ1 2025: $9.8BQ2 2025: $10.4BQ3 2025: $10.4BQ4 2025: $6.9BQ1 2026: $9.1BQ2 2026: $9.7BQ3 2023Q2 2026
Net income$5.7BQ2 2026
$1.3B$2.8B$4.2B$5.7BQ3 2023: $1.5BQ4 2023: $1.3BQ1 2024: $1.5BQ2 2024: $1.5BQ3 2024: $1.4BQ4 2024: $1.3BQ1 2025: $1.4BQ2 2025: $1.6BQ3 2025: $1.8BQ4 2025: -$115MQ1 2026: $821MQ2 2026: $5.7BQ3 2023Q2 2026
EBITDA$7.9BQ2 2026
$2B$3.9B$5.9B$7.9BQ3 2023: $2.5BQ4 2023: $2BQ1 2024: $2.4BQ2 2024: $2.5BQ3 2024: $2.5BQ4 2024: $2.2BQ1 2025: $2.5BQ2 2025: $2.6BQ3 2025: $3BQ4 2025: $86MQ1 2026: $1.6BQ2 2026: $7.9BQ3 2023Q2 2026
Free cash flow$961MQ2 2026
$73.8M$1B$2B$2.9BQ3 2023: $1.6BQ4 2023: $2.6BQ1 2024: $215MQ2 2024: $1.1BQ3 2024: $1.7BQ4 2024: $2.2BQ1 2025: $346MQ2 2025: $955MQ3 2025: $2.9BQ4 2025: $1.1BQ1 2026: -$873MQ2 2026: $961MQ3 2023Q2 2026
EPS$17.8Q2 2026
$4.18$8.73$13.3$17.8Q3 2023: $4.54Q4 2023: $3.82Q1 2024: $4.46Q2 2024: $4.72Q3 2024: $4.32Q4 2024: $3.92Q1 2025: $4.44Q2 2025: $4.9Q3 2025: $5.72Q4 2025: -$0.36Q1 2026: $2.58Q2 2026: $17.8Q3 2023Q2 2026
Cash / Debt$8.8BQ2 2026
$9.4B$18.8B$28.2B$37.6BQ3 2023 · Cash: $7.8BQ3 2023 · Debt: $20.3BQ4 2023 · Cash: $7.9BQ4 2023 · Debt: $21.5BQ1 2024 · Cash: $11.8BQ1 2024 · Debt: $25.3BQ2 2024 · Cash: $9.6BQ2 2024 · Debt: $27.9BQ3 2024 · Cash: $10.6BQ3 2024 · Debt: $32BQ4 2024 · Cash: $10.6BQ4 2024 · Debt: $32.2BQ1 2025 · Cash: $9.7BQ1 2025 · Debt: $34BQ2 2025 · Cash: $10.3BQ2 2025 · Debt: $37.6BQ3 2025 · Cash: $12.9BQ3 2025 · Debt: $37BQ4 2025 · Cash: $12.5BQ4 2025 · Debt: $33BQ1 2026 · Cash: $12BQ1 2026 · Debt: $36.7BQ2 2026 · Cash: $8.8BQ2 2026 · Debt: $34BQ3 2023Q2 2026
CashDebt
Profitability+37.6%Q2 2026
+13.4%+28.4%+43.4%+58.5%Q3 2023 · Gross margin: +38.4%Q4 2023 · Gross margin: +34.3%Q1 2024 · Gross margin: +38.7%Q2 2024 · Gross margin: +38.9%Q3 2024 · Gross margin: +38.5%Q4 2024 · Gross margin: +36.4%Q1 2025 · Gross margin: +38.5%Q2 2025 · Gross margin: +38.9%Q3 2025 · Gross margin: +34.1%Q4 2025 · Gross margin: +36.1%Q1 2026 · Gross margin: +38.7%Q2 2026 · Gross margin: +37.6%Q3 2023 · Operating margin: +20.9%Q4 2023 · Operating margin: +16.8%Q1 2024 · Operating margin: +20.4%Q2 2024 · Operating margin: +20.7%Q3 2024 · Operating margin: +20.4%Q4 2024 · Operating margin: +18.2%Q1 2025 · Operating margin: +20.2%Q2 2025 · Operating margin: +20.4%Q3 2025 · Operating margin: +16.9%Q4 2025 · Operating margin: +10.4%Q1 2026 · Operating margin: +9.7%Q2 2026 · Operating margin: +17.9%Q3 2023 · Net margin: +16.4%Q4 2023 · Net margin: +13.4%Q1 2024 · Net margin: +16.1%Q2 2024 · Net margin: +16.1%Q3 2024 · Net margin: +14.5%Q4 2024 · Net margin: +12.7%Q1 2025 · Net margin: +14.8%Q2 2025 · Net margin: +15.2%Q3 2025 · Net margin: +17.5%Q4 2025 · Net margin: -1.7%Q1 2026 · Net margin: +9.0%Q2 2026 · Net margin: +58.5%Q3 2023Q2 2026
Gross marginOperating marginNet margin
Revenue growth-6.1%Q2 2026
-22.0%-12.0%-1.9%+8.1%Q3 2024: +5.6%Q4 2024: +6.9%Q1 2025: +7.9%Q2 2025: +8.1%Q3 2025: +7.0%Q4 2025: -32.0%Q1 2026: -6.9%Q2 2026: -6.1%Q3 2023Q2 2026
Shares outstanding319MQ2 2026
83.4M166.8M250.1M333.5MQ3 2023: 333.5MQ4 2023: 330.5MQ1 2024: 328.3MQ2 2024: 327.1MQ3 2024: 327.1MQ4 2024: 327.4MQ1 2025: 325.9MQ2 2025: 320.5MQ3 2025: 319.4MQ4 2025: 319.3MQ1 2026: 319.2MQ2 2026: 319MQ3 2023Q2 2026
Valuation3.1Q2 2026
-100.8-59.6-18.323.0Q3 2023 · P/E: 10.0Q4 2023 · P/E: 13.5Q1 2024 · P/E: 11.1Q2 2024 · P/E: 11.0Q3 2024 · P/E: 11.8Q4 2024 · P/E: 14.1Q1 2025 · P/E: 11.7Q2 2025 · P/E: 11.7Q3 2025 · P/E: 9.1Q4 2025 · P/E: -142.1Q1 2026 · P/E: 23.0Q2 2026 · P/E: 3.1Q3 2023 · P/S: 6.6Q4 2023 · P/S: 7.2Q1 2024 · P/S: 7.2Q2 2024 · P/S: 7.1Q3 2024 · P/S: 6.8Q4 2024 · P/S: 7.2Q1 2025 · P/S: 6.9Q2 2025 · P/S: 7.1Q3 2025 · P/S: 6.4Q4 2025 · P/S: 9.5Q1 2026 · P/S: 8.2Q2 2026 · P/S: 7.3Q3 2023Q2 2026
P/EP/S
Revenue$37.4B2025
$10.5B$20.9B$31.4B$41.8B2018: $41.8B2019: $36.7B2020: $32.6B2021: $34.4B2022: $35.5B2023: $33B2024: $34.7B2025: $37.4B20182025
Net income$4.7B2025
$1.7B$3.4B$5.1B$6.8B2018: $6.8B2019: $6.1B2020: $4.8B2021: $5.5B2022: $5B2023: $5.7B2024: $5.7B2025: $4.7B20182025
EBITDA$8.2B2025
$2.3B$4.5B$6.8B$9B2018: $9B2019: $9B2020: $7.4B2021: $8.8B2022: $8B2023: $7.9B2024: $8.4B2025: $8.2B20182025
Free cash flow$5.4B2025
$1.5B$3B$4.5B$6.1B2018: $5.6B2019: $6.1B2020: $5.3B2021: $5.1B2022: $4.5B2023: $4.6B2024: $5.2B2025: $5.4B20182025
EPS$14.72025
$4.49$8.98$13.5$182018: $182019: $16.82020: $13.42021: $15.82022: $14.52023: $16.92024: $17.42025: $14.720182025
Cash / Debt$12.5B2025
$8.6B$17.3B$25.9B$34.6B2018 · Cash: $9.3B2018 · Debt: $16.2B2019 · Cash: $9.1B2019 · Debt: $16.7B2020 · Cash: $14.3B2020 · Debt: $23.2B2021 · Cash: $11B2021 · Debt: $20.6B2022 · Cash: $9.6B2022 · Debt: $20.5B2023 · Cash: $7.9B2023 · Debt: $21.5B2024 · Cash: $10.6B2024 · Debt: $32.2B2025 · Cash: $12.5B2025 · Debt: $34.6B20182025
CashDebt
Profitability+36.9%2025
+9.6%+19.2%+28.9%+38.5%2018 · Gross margin: +30.5%2019 · Gross margin: +33.7%2020 · Gross margin: +32.1%2021 · Gross margin: +35.9%2022 · Gross margin: +37.0%2023 · Gross margin: +37.5%2024 · Gross margin: +38.5%2025 · Gross margin: +36.9%2018 · Operating margin: +16.0%2019 · Operating margin: +18.7%2020 · Operating margin: +17.5%2021 · Operating margin: +18.0%2022 · Operating margin: +18.1%2023 · Operating margin: +18.5%2024 · Operating margin: +19.2%2025 · Operating margin: +17.5%2018 · Net margin: +16.2%2019 · Net margin: +16.7%2020 · Net margin: +14.6%2021 · Net margin: +16.1%2022 · Net margin: +14.0%2023 · Net margin: +17.1%2024 · Net margin: +16.4%2025 · Net margin: +12.6%20182025
Gross marginOperating marginNet margin
Revenue growth+7.8%2025
-7.2%-2.2%+2.8%+7.8%2019: -12.2%2020: -11.1%2021: +5.4%2022: +3.1%2023: -6.9%2024: +5.2%2025: +7.8%20182025
Shares outstanding321.4M2025
94.1M188.3M282.4M376.5M2018: 376.5M2019: 365.2M2020: 355.6M2021: 350.2M2022: 341.6M2023: 334.1M2024: 327.7M2025: 321.4M20182025
Valuation13.82025
3.97.711.615.52018 · P/E: 7.22019 · P/E: 10.32020 · P/E: 15.52021 · P/E: 12.92022 · P/E: 14.42023 · P/E: 12.22024 · P/E: 12.72025 · P/E: 13.82018 · P/S: 1.22019 · P/S: 1.72020 · P/S: 2.32021 · P/S: 2.12022 · P/S: 2.02023 · P/S: 2.12024 · P/S: 2.12025 · P/S: 1.720182025
P/EP/S

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20268.32$20.1B-46%11
FY 20279.98$20.5B-45%12
FY 202811.20$21.6B-42%5
FY 202912.62$23.1B-38%1
FY 203013.09$24.1B-36%1
Q2 20261.83$5B-51%8

Company events

6
2026-10-22EarningsActual - / Estimate 2.16-
2026-08-14Dividend$0.7-
2026-07-23EarningsActual 1.95 / Estimate 1.8Beat
2026-06-29Stock split1:2-
2026-06-28Stock split1907:2000-
2026-05-15Dividend$1.19-

Peer comparison

Similar listed perps
NameMarket capP/SP/EProfit marginVenues
NOC$74.9B1.716.7+10.5%3ROK$46.2B5.238.9+13.4%5SUMIELEC$41.3B1.216.2+7.6%2HWM$91.9B10.149.2+20.5%1RKLB$37.4B48.6-233.2-21.5%23GD$95.5B1.721.2+8.2%2PWR$95.7B2.972.0+4.1%1VRT$96B8.455.2+15.1%13

Analyst track record

How the analysts covering HON have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings127390
Analysts2731
Buy / hold / sell77 / 43 / 7206 / 176 / 8
Upgrades / downgrades / initiations5 / 3 / 411 / 8 / 5
Price targets hit / missed7 / 115 (6%)38 / 331 (10%)
Avg. return after a rating (TipRanks)-23.9%-14.2%
Best / worst call+18.0% / -64.8%+18.0% / -64.8%

After buy calls on this stock: median 21-day move +1.4% vs S&P 500 -0.6% (n = 204)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Gautam KhannaTD Cowen100% hit rate on this stock · 9 targets measuredBuytarget $460Apr 23, 2026
  2. Joe RitchieGoldman Sachs75% hit rate on this stock · 8 targets measuredBuytarget $552Jun 3, 2026
  3. Julian MitchellBarclays70% hit rate on this stock · 33 targets measuredBuytarget $478Jun 9, 2026

Latest ratings

DateAnalystCallTarget
Sep 14, 2026Scott DavisMelius ResearchHoldDowngraded–article ↗
Sep 14, 2026Scott DavisMelius ResearchHoldDowngraded–article ↗
Sep 3, 2026Varun GovindarajBernsteinHoldMaintained$264article ↗
Sep 3, 2026Varun GovindarajBernsteinHoldMaintained$264
Sep 1, 2026Brandon Knutson‏Morgan StanleyHoldReiterated$250article ↗
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$200$250$300$350$400$450Oct 25 · Buy 8 · Hold 5 · Sell 0Oct 25Nov 25 · Buy 7 · Hold 5 · Sell 1Dec 25 · Buy 8 · Hold 6 · Sell 1Dec 25Jan 26 · Buy 10 · Hold 8 · Sell 1Feb 26 · Buy 11 · Hold 7 · Sell 1Feb 26Mar 26 · Buy 13 · Hold 7 · Sell 1Apr 26 · Buy 12 · Hold 6 · Sell 1Apr 26May 26 · Buy 12 · Hold 6 · Sell 1Jun 26 · Buy 13 · Hold 6 · Sell 1Jun 26Jul 26 · Buy 14 · Hold 5 · Sell 0Aug 26 · Buy 14 · Hold 6 · Sell 0Aug 26Sep 26 · Buy 14 · Hold 8 · Sell 0Oct 25 · avg. target $270Nov 25 · avg. target $264Dec 25 · avg. target $270Jan 26 · avg. target $310Feb 26 · avg. target $326Mar 26 · avg. target $324Apr 26 · avg. target $370May 26 · avg. target $370Jun 26 · avg. target $449Jul 26 · avg. target $359Aug 26 · avg. target $341Sep 26 · avg. target $336Oct 25 · month-end close $211Nov 25 · month-end close $202Dec 25 · month-end close $205Jan 26 · month-end close $239Feb 26 · month-end close $255Mar 26 · month-end close $237Apr 26 · month-end close $225May 26 · month-end close $249Jun 26 · month-end close $224Jul 26 · month-end close $243Aug 26 · month-end close $214Sep 26 · month-end close $206

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Sep 18, 2026 · 127 ratings