HON · Earnings call · 2026Q3T · Full report

Pricing and Input Costs

HONEYWELL INTERNATIONAL INC · 2026-10-22 · Importance 31 · Surprise 32

Honeywell’s second-half pricing was expected to be 4.5%, with pricing across businesses in a narrow range of approximately 3.5% to 4.5%. Management said pricing reflects differing inflation inputs, including semiconductors, electronics, copper, and brass. The company said customer service, customer communication, and new-product introductions support pricing attainment and keeping price-cost positive.

Key facts

• Honeywell averaged about 3.5% price in the first half of 2026, expects about 4.5% in the second half, and 4% for the full year.
• Honeywell expects pricing around 3%-4% as inflation comes down.
• Honeywell expects price-cost to remain slightly positive and has eliminated stranded costs ahead of schedule.
• Honeywell's overall pricing was in a narrow range, from 3.5% to 4.5%, with pricing varying by segment inflation drivers such as semiconductors, electronics, copper, and brass.
• Honeywell expects full-year 2026 price-cost to add 10-20 basis points of margin expansion.
• Honeywell's price-cost result in Q3 2026 was approximately 30 basis points net positive.
• Honeywell used customer service, customer communication, and a pipeline of new products as part of its approach to attaining price and keeping price-cost positive.