Honeywell International Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $37.44B | $34.72B | $33.01B | $35.47B | $34.39B | $32.64B | $36.71B | $41.80B |
| Aerospace | $17.51B | — | — | $11.83B | $11.03B | $11.54B | $14.05B | $15.49B |
| Building Technologies | $7.37B | — | — | $6.00B | $5.54B | $5.19B | $5.72B | $9.30B |
| Performance Materials and Technologies | — | — | — | $10.73B | $10.01B | $9.42B | $10.83B | $10.67B |
| Safety and Productivity Solutions | — | — | — | $6.91B | $7.81B | $6.48B | $6.10B | $6.34B |
| Industrial Automation | $9.40B | — | — | — | — | — | — | — |
| Energy and Sustainability Solutions | $3.13B | — | — | — | — | — | — | — |
| Corporate and All Other | $30.0M | — | — | $5.0M | — | — | — | — |
| Cost of Revenue | $23.61B | $21.36B | $20.64B | $22.35B | $22.06B | $22.17B | $24.34B | $29.05B |
| Gross Profit | $13.83B | $13.36B | $12.37B | $13.12B | $12.33B | $10.47B | $12.37B | $12.76B |
| Gross Margin | 36.9% | 38.5% | 37.5% | 37.0% | 35.9% | 32.1% | 33.7% | 30.5% |
| Operating Expenses | ||||||||
| Research & Development | $1.81B | $1.45B | $1.38B | $1.48B | $1.33B | $1.33B | $1.56B | $1.81B |
| SG&A Expense | $5.45B | $5.24B | $4.89B | $5.21B | $4.80B | $4.77B | $5.52B | $6.05B |
| Operating Income | $8.13B | $7.67B | $7.56B | $8.02B | $7.24B | $6.01B | $7.56B | $7.49B |
| Operating Margin | 21.7% | 22.1% | 22.9% | 22.6% | 21.0% | 18.4% | 20.6% | 17.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $5.48B | $6.24B | $6.19B | $6.38B | $7.24B | $6.01B | $7.56B | $7.49B |
| Income Tax Expense | $1.01B | $1.25B | $1.26B | $1.41B | $1.63B | $1.15B | $1.33B | $659.0M |
| Net Income | $4.73B | $5.71B | $5.66B | $4.97B | $5.54B | $4.78B | $6.14B | $6.77B |
| Net Margin | 12.6% | 16.4% | 17.1% | 14.0% | 16.1% | 14.6% | 16.7% | 16.2% |
| EPS (Basic) | $7.40 | $8.76 | $8.53 | $7.33 | $8.01 | $6.79 | $8.52 | $9.10 |
| EPS (Diluted) | $7.36 | $8.71 | $8.47 | $7.27 | $7.91 | $6.72 | $8.41 | $8.98 |
| Shares Outstanding (Basic) | 639.0M | 650.9M | 663.0M | 677.1M | 692.3M | 704.1M | 721.0M | 743.0M |
| Shares Outstanding (Diluted) | 642.8M | 655.3M | 668.2M | 683.1M | 700.4M | 711.2M | 730.3M | 753.0M |
| Dividends Per Share | $4.58 | $4.37 | $4.17 | $3.97 | $3.77 | $3.63 | $3.36 | $3.06 |