Honeywell Historical Income Statement

HON Stock

USD 229.64 0.76 0.33%

Historical analysis of Honeywell International income statement accounts such as Total Revenue of 28.3 B or Gross Profit of 7.4 B can show how well Honeywell International performed in making a profits. Evaluating Honeywell International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Honeywell International's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Honeywell International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Honeywell International is a good buy for the upcoming year.

Net Income Gross Profit

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

About Honeywell Income Statement Analysis

Honeywell International Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Honeywell International shareholders. The income statement also shows Honeywell investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Honeywell International Income Statement Chart

At this time, Honeywell International's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Reconciled Depreciation is likely to grow to about 1.2 B, while Depreciation And Amortization is likely to drop about 859.6 M.

Total Revenue Gross Profit Operating Income

Total Revenue

Total revenue comprises all receipts Honeywell International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Honeywell International minus its cost of goods sold. It is profit before Honeywell International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Honeywell International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Honeywell International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Honeywell International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Honeywell International current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Honeywell International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.At this time, Honeywell International's Tax Provision is very stable compared to the past year. As of the 28th of November 2024, Reconciled Depreciation is likely to grow to about 1.2 B, while Depreciation And Amortization is likely to drop about 859.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	11.0B	11.6B	13.7B	7.4B
Total Revenue	34.4B	35.5B	36.7B	28.3B

Gross Profit Total Revenue

Honeywell International income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Research Development	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items	Selling And Marketing Expenses
Depreciation And Amortization		0.46	0.79	0.87	0.72	0.76	0.8	0.81	0.67	0.85	0.76	0.16	0.65	0.34	0.63	0.07	-0.21	0.53	0.46	0.04	-0.14	0.35	0.2	0.49	-0.04
Interest Expense	0.46		0.29	0.34	0.28	0.54	0.18	0.13	0.24	0.45	0.58	0.15	0.6	-0.04	0.34	0.0	-0.46	0.42	0.16	-0.17	-0.59	0.61	0.51	0.54	-0.8
Total Revenue	0.79	0.29		0.87	0.98	0.59	0.69	0.72	0.97	0.93	0.63	0.48	0.51	0.35	0.92	0.61	0.18	0.35	0.11	0.12	0.23	0.13	-0.09	0.0	0.11
Gross Profit	0.87	0.34	0.87		0.77	0.79	0.92	0.9	0.73	0.91	0.81	0.32	0.63	0.46	0.76	0.32	0.16	0.52	0.28	0.11	0.1	0.39	-0.05	0.27	-0.01
Other Operating Expenses	0.72	0.28	0.98	0.77		0.47	0.56	0.59	1.0	0.9	0.51	0.51	0.43	0.27	0.93	0.66	0.16	0.26	0.04	0.11	0.25	0.06	-0.1	-0.08	0.12
Operating Income	0.76	0.54	0.59	0.79	0.47		0.85	0.85	0.43	0.59	0.99	0.14	0.81	0.41	0.48	0.1	-0.02	0.67	0.51	0.03	-0.17	0.44	0.25	0.57	-0.2
Ebit	0.8	0.18	0.69	0.92	0.56	0.85		0.99	0.51	0.7	0.85	0.23	0.69	0.44	0.53	0.14	0.2	0.64	0.51	0.04	0.12	0.36	-0.04	0.42	0.14
Ebitda	0.81	0.13	0.72	0.9	0.59	0.85	0.99		0.56	0.69	0.84	0.23	0.68	0.44	0.55	0.16	0.21	0.62	0.53	0.05	0.15	0.28	-0.05	0.39	0.21
Cost Of Revenue	0.67	0.24	0.97	0.73	1.0	0.43	0.51	0.56		0.85	0.48	0.51	0.39	0.25	0.92	0.7	0.17	0.23	0.01	0.11	0.27	-0.01	-0.1	-0.13	0.16
Total Operating Expenses	0.85	0.45	0.93	0.91	0.9	0.59	0.7	0.69	0.85		0.63	0.43	0.54	0.32	0.89	0.39	0.06	0.4	0.16	0.08	0.11	0.4	-0.05	0.17	-0.09
Income Before Tax	0.76	0.58	0.63	0.81	0.51	0.99	0.85	0.84	0.48	0.63		0.26	0.85	0.36	0.53	0.14	-0.01	0.71	0.53	-0.01	-0.14	0.49	0.25	0.58	-0.23
Total Other Income Expense Net	0.16	0.15	0.48	0.32	0.51	0.14	0.23	0.23	0.51	0.43	0.26		0.31	-0.06	0.51	0.37	0.32	0.28	0.17	-0.15	0.28	0.12	-0.32	0.0	0.08
Net Income	0.65	0.6	0.51	0.63	0.43	0.81	0.69	0.68	0.39	0.54	0.85	0.31		-0.18	0.42	0.09	-0.04	0.95	0.67	-0.53	-0.23	0.51	0.25	0.72	-0.26
Income Tax Expense	0.34	-0.04	0.35	0.46	0.27	0.41	0.44	0.44	0.25	0.32	0.36	-0.06	-0.18		0.31	0.11	0.09	-0.34	-0.18	0.91	0.19	0.02	-0.02	-0.21	0.11
Selling General Administrative	0.63	0.34	0.92	0.76	0.93	0.48	0.53	0.55	0.92	0.89	0.53	0.51	0.42	0.31		0.6	0.26	0.26	-0.02	0.16	0.37	0.29	-0.11	-0.07	-0.05
Research Development	0.07	0.0	0.61	0.32	0.66	0.1	0.14	0.16	0.7	0.39	0.14	0.37	0.09	0.11	0.6		0.33	-0.06	-0.39	0.08	0.29	-0.31	-0.13	-0.56	0.15
Minority Interest	-0.21	-0.46	0.18	0.16	0.16	-0.02	0.2	0.21	0.17	0.06	-0.01	0.32	-0.04	0.09	0.26	0.33		0.02	-0.13	0.02	0.62	-0.1	-0.8	-0.28	0.32
Net Income From Continuing Ops	0.53	0.42	0.35	0.52	0.26	0.67	0.64	0.62	0.23	0.4	0.71	0.28	0.95	-0.34	0.26	-0.06	0.02		0.75	-0.67	-0.15	0.5	0.17	0.74	-0.15
Non Operating Income Net Other	0.46	0.16	0.11	0.28	0.04	0.51	0.51	0.53	0.01	0.16	0.53	0.17	0.67	-0.18	-0.02	-0.39	-0.13	0.75		-0.41	-0.03	0.39	0.17	0.79	0.18
Tax Provision	0.04	-0.17	0.12	0.11	0.11	0.03	0.04	0.05	0.11	0.08	-0.01	-0.15	-0.53	0.91	0.16	0.08	0.02	-0.67	-0.41		0.26	-0.15	-0.03	-0.45	0.14
Net Interest Income	-0.14	-0.59	0.23	0.1	0.25	-0.17	0.12	0.15	0.27	0.11	-0.14	0.28	-0.23	0.19	0.37	0.29	0.62	-0.15	-0.03	0.26		-0.04	-0.53	-0.46	0.6
Interest Income	0.35	0.61	0.13	0.39	0.06	0.44	0.36	0.28	-0.01	0.4	0.49	0.12	0.51	0.02	0.29	-0.31	-0.1	0.5	0.39	-0.15	-0.04		0.2	0.61	-0.6
Reconciled Depreciation	0.2	0.51	-0.09	-0.05	-0.1	0.25	-0.04	-0.05	-0.1	-0.05	0.25	-0.32	0.25	-0.02	-0.11	-0.13	-0.8	0.17	0.17	-0.03	-0.53	0.2		0.31	-0.45
Extraordinary Items	0.49	0.54	0.0	0.27	-0.08	0.57	0.42	0.39	-0.13	0.17	0.58	0.0	0.72	-0.21	-0.07	-0.56	-0.28	0.74	0.79	-0.45	-0.46	0.61	0.31		-0.38
Selling And Marketing Expenses	-0.04	-0.8	0.11	-0.01	0.12	-0.2	0.14	0.21	0.16	-0.09	-0.23	0.08	-0.26	0.11	-0.05	0.15	0.32	-0.15	0.18	0.14	0.6	-0.6	-0.45	-0.38

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Honeywell International Account Relationship Matchups

Honeywell International income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	1.1B	1.0B	1.2B	1.2B	1.2B	859.6M
Interest Expense	357M	359M	343M	414M	765M	803.3M
Total Revenue	36.7B	32.6B	34.4B	35.5B	36.7B	28.3B
Gross Profit	12.4B	10.5B	11.0B	11.6B	13.7B	7.4B
Other Operating Expenses	29.9B	26.9B	28.2B	29.0B	29.6B	24.9B
Operating Income	7.9B	6.4B	7.6B	6.8B	7.1B	7.4B
Ebit	7.9B	6.4B	7.6B	6.8B	7.1B	3.6B
Ebitda	9.0B	7.4B	8.8B	8.0B	7.1B	4.4B
Cost Of Revenue	24.3B	22.2B	23.4B	23.8B	23.0B	20.9B
Total Operating Expenses	5.5B	4.8B	4.8B	5.2B	6.6B	4.0B
Income Before Tax	7.6B	6.0B	7.2B	6.4B	7.2B	7.5B
Total Other Income Expense Net	(357M)	316M	(238M)	(691M)	75M	58.9M
Net Income	6.1B	4.8B	5.5B	5.0B	5.7B	5.9B
Income Tax Expense	1.3B	1.1B	1.6B	1.4B	1.5B	871.3M
Selling General Administrative	5.5B	3.8B	3.5B	4.6B	5.1B	4.4B
Research Development	1.6B	1.3B	1.3B	1.5B	1.5B	1.8B
Net Income Applicable To Common Shares	6.1B	4.8B	5.5B	5.0B	5.7B	3.7B
Minority Interest	87M	86M	(68M)	(1M)	(31M)	(29.5M)
Net Income From Continuing Ops	6.2B	4.9B	5.6B	5.0B	5.4B	5.0B
Non Operating Income Net Other	1.1B	675M	1.4B	366M	420.9M	511.3M
Tax Provision	1.3B	1.1B	1.6B	1.4B	1.4B	1.4B
Net Interest Income	(102M)	(359M)	(343M)	(414M)	(405M)	(425.3M)
Interest Income	255M	107M	102M	138M	302M	189.5M
Reconciled Depreciation	1.1B	1.0B	1.2B	1.2B	1.2B	1.2B

Pair Trading with Honeywell International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Honeywell International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Honeywell International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Honeywell Stock

0.75	GBX	Greenbrier Companies	Pair Corr
0.72	GFF	Griffon	Pair Corr

Moving against Honeywell Stock

0.76	CP	Canadian Pacific Railway	Pair Corr
0.59	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.5	EFSH	1847 Holdings LLC	Pair Corr
0.49	WPRT	Westport Fuel Systems	Pair Corr
0.43	AP	Ampco Pittsburgh	Pair Corr

The ability to find closely correlated positions to Honeywell International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honeywell International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Honeywell International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Honeywell International to buy it.

The correlation of Honeywell International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Honeywell International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honeywell International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Honeywell International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:

How To Invest In Honeywell

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Is Honeywell Stock a good investment?

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What is Honeywell International's Net Worth?

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Largest Industrial Conglomerates Companies

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Largest Capital Goods Companies

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To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.05)

Dividend Share

4.32

Earnings Share

8.67

Revenue Per Share

58.021

Quarterly Revenue Growth

0.056

The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Honeywell Historical Income Statement

About Honeywell Income Statement Analysis

Honeywell International Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Honeywell International income statement Correlations

Honeywell International Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Honeywell International income statement Accounts

Pair Trading with Honeywell International

Moving together with Honeywell Stock

Moving against Honeywell Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 0.99	Operating Income
Ebitda	+ 0.99	Ebit
Other Operating Expenses	+ 0.98	Total Revenue
Cost Of Revenue	+ 0.97	Total Revenue
Net Income From Continuing Ops	+ 0.95	Net Income

Reconciled Depreciation	- 0.8	Minority Interest
Selling And Marketing Expenses	- 0.8	Interest Expense
Tax Provision	- 0.67	Net Income From Continuing Ops
Selling And Marketing Expenses	- 0.6	Interest Income
Net Interest Income	- 0.59	Interest Expense
Extraordinary Items	- 0.56	Research Development