HON · Earnings call · 2026Q3T · Full report

Manufacturing Capacity and Backlog

HONEYWELL INTERNATIONAL INC · 2026-10-22 · Importance 17 · Surprise 24

Management said labor shortages are not visibly affecting revenue execution, noting that much of the backlog is outside North America. LNG is the exception, with its backlog in North America, but Honeywell manufactures the equipment in its own factory and said it has sufficient capacity to fulfill the backlog. Construction-labor shortages remain a broader trend, but management reported no visible execution impact.

Key facts

• Honeywell built its LNG equipment in its own factory and had sufficient capacity to fulfill all LNG backlog.
• Construction labor shortages were not visibly impacting Honeywell's revenue execution.