HON · Earnings call · 2026Q3T · Full report

Building Automation Technology

HONEYWELL INTERNATIONAL INC · 2026-10-22 · Importance 43 · Surprise 32

Building Automation’s core business, excluding higher-growth verticals such as data centers, health care, and hospitality, represents 80% of the segment and is growing at mid-single digits. Management attributes this performance to customer service and ongoing product innovation, with several launches planned. New offerings include a cloud-based security system for the midmarket, a new fire-system version for that customer tier, and a refreshed EBI platform. Honeywell is also considering a similar midmarket offering in building management and described its product pipeline as full.

Key facts

• Honeywell launched a cloud-based security-system version for the Building Automation midsegment and is developing midsegment fire and building-management offerings and new EBI platform versions.
• Honeywell expects Building Automation to perform at mid-single-digit growth or better, supported by continued innovation and a full product pipeline.
• Building Automation delivered 8% organic growth in Q3 2026, its eighth consecutive quarter of high-single-digit growth.
• In Building Automation, higher-growth verticals including data centers, health care, and hospitality account for 20% of the business; the core business is 80% and growing at mid-single digits.
• Honeywell has had eight consecutive quarters of outperformance in Building Automation.