Honeywell International Inc.
HONNASDAQ
$215.37
Last price · USD
- Market cap
- $69.22B
- P/E
- 14.6x
- EV / EBITDA
- 11.1x
- P/S
- 1.8x
- FCF yield
- 7.8%
- Div. yield
- 4.30%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Honeywell International Inc. cash flow statement
Annual · USD millions except per-share data · 38 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 4,468 | 5,705 | 5,658 | 4,967 | 5,610 | -5.5% | |
| Depreciation & amortization | 1,388 | 1,152 | 1,004 | 1,204 | 1,223 | +3.2% | |
| Deferred income tax | 18 | (233) | 153 | (180) | 178 | -43.6% | |
| Stock-based compensation | 196 | 194 | 202 | 188 | 217 | -2.5% | |
| Change in working capital | (352) | 237 | 361 | (745) | 288 | — | |
| Accounts receivables | (825) | (96) | (42) | (739) | (8) | — | |
| Inventory | (636) | (304) | (626) | (440) | (685) | — | |
| Accounts payables | 724 | 95 | 518 | (155) | 744 | -0.7% | |
| Other working capital | 385 | 542 | 511 | 589 | 237 | +12.9% | |
| Other non-cash items | 690 | (958) | (2,038) | (160) | (1,478) | — | |
| Net cash from operating activities | 6,408 | 6,097 | 5,340 | 5,274 | 6,038 | +1.5% | |
| Operating cash flow | 6,408 | 6,097 | 5,340 | 5,274 | 6,038 | +1.5% | |
| Investing activities | |||||||
| Investments in PP&E | (986) | (871) | (741) | (766) | (895) | — | |
| Capital expenditure | (986) | (871) | (741) | (766) | (895) | — | |
| Acquisitions, net | (1,054) | (8,880) | (714) | (178) | (1,123) | — | |
| Purchases of investments | (1,902) | (1,077) | (560) | (1,211) | (2,373) | — | |
| Sales / maturities of investments | 1,469 | 964 | 977 | 1,624 | 2,717 | -14.3% | |
| Other investing activities | (238) | (293) | (255) | 438 | 613 | — | |
| Net cash from investing activities | (2,711) | (10,157) | (1,293) | (93) | (1,061) | — | |
| Financing activities | |||||||
| Net debt issuance | 2,608 | 10,856 | 583 | 317 | (2,396) | — | |
| Short-term net debt issuance | 1,482 | 2,260 | (672) | (786) | 4 | +338.7% | |
| Long-term net debt issuance | 1,126 | 8,596 | 1,255 | 1,103 | (2,400) | — | |
| Net stock issuance | (3,567) | (1,118) | (3,519) | (4,200) | (3,380) | — | |
| Common stock issuance | 237 | 537 | 196 | 320 | 229 | +0.9% | |
| Common stock repurchased | (3,804) | (1,655) | (3,715) | (4,200) | (3,380) | — | |
| Net common stock issuance | (3,567) | (1,118) | (3,519) | (3,880) | (3,151) | — | |
| Common dividends paid | (2,976) | (2,902) | (2,855) | (2,719) | (2,626) | — | |
| Net dividends paid | (2,976) | (2,902) | (2,855) | (2,719) | (2,626) | — | |
| Net preferred stock issuance | 0 | 0 | 0 | (320) | (229) | — | |
| Other financing activities | 1,982 | 3 | 28 | 272 | 148 | +91.3% | |
| Net cash from financing activities | (1,953) | 6,839 | (5,763) | (6,330) | (8,254) | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | 176 | (137) | 14 | (183) | (39) | — | |
| Net change in cash | 1,920 | 2,642 | (1,702) | (1,332) | (3,316) | — | |
| Cash at beginning of period | 10,567 | 7,925 | 9,627 | 10,959 | 14,275 | -7.2% | |
| Cash at end of period | 12,487 | 10,567 | 7,925 | 9,627 | 10,959 | +3.3% | |
| Free cash flow | 5,422 | 5,226 | 4,599 | 4,508 | 5,143 | +1.3% | |
| Income taxes paid | 1,798 | 1,689 | 1,581 | 1,324 | 1,202 | +10.6% | |
| Interest paid | 1,300 | 869 | 649 | 375 | 339 | +39.9% | |