HON · News · 20260822N

Guidance / Outlook

HONEYWELL INTERNATIONAL INC · 2026-08-22 · Importance 54 · Surprise 58

Third-party analysis reported that Honeywell’s orders increased 16% year over year in the second quarter of 2026, exceeding 4% sales growth and suggesting potential revenue acceleration as backlog converts. The analysis said structural cost reductions and portfolio simplification remained on track. It projected segment margins of at least 22% exiting fiscal 2026, with further improvement expected in 2027.

Key facts

• The shift toward lower-margin original equipment deliveries over higher-margin aftermarket sales is affecting Honeywell's near-term earnings trajectory and requiring a reassessment of valuation for Honeywell International's broader aerospace exposure. source