HON · Earnings call · 2026Q3T · Full report

Inflationary Cost Pressures

HONEYWELL INTERNATIONAL INC · 2026-10-22 · Importance 32 · Surprise 24

Management said inflation was elevated and expected it to remain at those levels through year-end 2026 and into the first half of 2027, before starting to abate. The company expects pricing to remain around 3%–4% as inflation comes down, and said strategic pricing and productivity actions are helping offset inflation. Management also expects to maintain slightly positive price-cost into 2027.

Key facts

• Honeywell expects inflation to remain at Q3 2026 levels at least into the first half of 2027.
• Honeywell expects inflation to remain elevated through year-end 2026, then begin to abate in the first half of 2027; planning indicates inflation will come down somewhat next year.