Honeywell International Inc. (HON)
The company now
Honeywell reported third-quarter 2026 sales of $4,994 million on 22 October, up 1 percent from $4,929 million a year earlier 1.
It was the first quarter as a standalone automation company, after Honeywell Aerospace became a separate company on 29 June 2026 12.
Chief executive Vimal Kapur said organic sales growth of 7 percent, which leaves out currency moves, sold businesses and new acquisitions, was above the three-year target set at the June Investor Day 1.
Operating income rose 79 percent to $740 million, which the company credits to productivity, including the removal of stranded costs left by earlier spin-offs and divestitures 1.
Earnings per share from continuing operations fell 20 percent to $2.40, mainly because the prior year held a one-time gain from the Resideo termination agreement 1.
The company now expects 2026 sales of $20.0 billion to $20.1 billion, up from $19.8 billion to $20.0 billion before, and 5 to 6 percent organic growth in the fourth quarter 1.
The open question is debt: finance chief Mike Stepniak said gross debt should fall from $18 billion in the second quarter to under $13 billion by the end of this year, Manufacturing Dive reported 5.
As of Oct 30, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.