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79.29 (1y: +40%)
Market Cap 62.37 B P/E(ttm) 20.60
Enterprise Value 64.92 B P/B 4.80
HON- NYSE (USA)
Honeywell International, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$79.29
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.618
HON's Cash to Debt is ranked lower than
781249% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.67 vs. HON: 0.618 )
HON' s 10-Year Cash to Debt Range
Min: 0.21   Max: 0.68
Current: 0.62
0.21
0.68
Equity to Asset -0.045
HON's Equity to Asset is ranked lower than
1075268% of the 93 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. HON: -0.045 )
HON' s 10-Year Equity to Asset Range
Min: -0.15   Max: 0.17
Current: -0.05
-0.15
0.17
Interest Coverage 12
HON's Interest Coverage is ranked lower than
999999% of the 100 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 15.60 vs. HON: 12 )
HON' s 10-Year Interest Coverage Range
Min: 0   Max: 12
Current: 12
0
12
F-Score: 7
Z-Score: 3.28
M-Score: -2.52
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 11.20
HON's Operating margin (%) is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 8.90 vs. HON: 11.20 )
HON' s 10-Year Operating margin (%) Range
Min: 0.7   Max: 11.2
Current: 11.2
0.7
11.2
Net-margin (%) 7.8
HON's Net-margin (%) is ranked lower than
943395% of the 106 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.20 vs. HON: 7.8 )
HON' s 10-Year Net-margin (%) Range
Min: -1   Max: 7.8
Current: 7.8
-1
7.8
ROE (%) 22.6
HON's ROE (%) is ranked lower than
952380% of the 105 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 12.40 vs. HON: 22.6 )
HON' s 10-Year ROE (%) Range
Min: -2.5   Max: 38.8
Current: 22.6
-2.5
38.8
ROA (%) 7
HON's ROA (%) is ranked lower than
943395% of the 106 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.80 vs. HON: 7 )
HON' s 10-Year ROA (%) Range
Min: -0.8   Max: 7.9
Current: 7
-0.8
7.9
ROC (Joel Greenblatt) (%) 70.20
HON's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 105 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 20.50 vs. HON: 70.20 )
HON' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 2.1   Max: 70.2
Current: 70.2
2.1
70.2
Revenue Growth (%) 3.8
HON's Revenue Growth (%) is ranked lower than
1282050% of the 78 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.50 vs. HON: 3.8 )
HON' s 10-Year Revenue Growth (%) Range
Min: -3.4   Max: 11
Current: 3.8
-3.4
11
EBITDA Growth (%) 3.2
HON's EBITDA Growth (%) is ranked lower than
1515150% of the 66 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.30 vs. HON: 3.2 )
HON' s 10-Year EBITDA Growth (%) Range
Min: -11.2   Max: 21.2
Current: 3.2
-11.2
21.2
EPS Growth (%) 6.7
HON's EPS Growth (%) is ranked lower than
1785713% of the 56 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.50 vs. HON: 6.7 )
HON' s 10-Year EPS Growth (%) Range
Min: -8.7   Max: 20.7
Current: 6.7
-8.7
20.7
ยป HON's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

HON Guru Trades in Q2 2012

Jim Simons 250,000 sh (New)
Ray Dalio 212,695 sh (New)
Paul Tudor Jones 46,683 sh (New)
Pioneer Investments 183,873 sh (+2888.35%)
Joel Greenblatt 28,837 sh (+224.16%)
Steven Cohen 296,182 sh (+165.08%)
Manning & Napier Advisors, Inc 96,161 sh (+82.03%)
Scott Black 124,554 sh (+42.22%)
Mario Gabelli 2,974,807 sh (+2.7%)
Brian Rogers 4,416,100 sh (unchged)
Murray Stahl 13,450 sh (unchged)
Jean-Marie Eveillard 21,500 sh (unchged)
Bruce Kovner Sold Out
Bill Frels 2,385,399 sh (-0.13%)
James Barrow 17,750,498 sh (-1.54%)
PRIMECAP Management 13,957,526 sh (-5.69%)
Dodge & Cox 17,648 sh (-6.75%)
RS Investment Management 659,958 sh (-27.88%)
Tom Russo 600 sh (-40%)
Mark Hillman 4,575 sh (-51.72%)
Louis Moore Bacon 50,273 sh (-87.3%)
Ken Fisher 192,267 sh (-96.52%)
» More
Q3 2012

HON Guru Trades in Q3 2012

Jeremy Grantham 62,000 sh (New)
Pioneer Investments 455,292 sh (+147.61%)
Manning & Napier Advisors, Inc 102,758 sh (+6.86%)
Bill Frels 2,390,380 sh (+0.21%)
Scott Black 124,675 sh (+0.1%)
Murray Stahl 13,450 sh (unchged)
Brian Rogers 4,416,100 sh (unchged)
Jean-Marie Eveillard 21,500 sh (unchged)
Paul Tudor Jones Sold Out
Louis Moore Bacon Sold Out
Tom Russo Sold Out
James Barrow 17,704,238 sh (-0.26%)
Dodge & Cox 17,448 sh (-1.13%)
PRIMECAP Management 13,799,981 sh (-1.13%)
Mark Hillman 4,501 sh (-1.62%)
Mario Gabelli 2,926,340 sh (-1.63%)
RS Investment Management 584,958 sh (-11.36%)
Joel Greenblatt 18,296 sh (-36.55%)
Jim Simons 83,400 sh (-66.64%)
Ray Dalio 66,295 sh (-68.83%)
Steven Cohen 81,477 sh (-72.49%)
Ken Fisher 15,835 sh (-91.76%)
» More
Q4 2012

HON Guru Trades in Q4 2012

Pioneer Investments 518,215 sh (+13.82%)
Jean-Marie Eveillard 21,500 sh (unchged)
Dodge & Cox 17,448 sh (unchged)
Jeremy Grantham 61,100 sh (unchged)
Ray Dalio Sold Out
Mark Hillman Sold Out
Jim Simons Sold Out
Bill Frels 2,378,364 sh (-0.5%)
James Barrow 17,579,495 sh (-0.7%)
Manning & Napier Advisors, Inc 101,943 sh (-0.79%)
Murray Stahl 13,040 sh (-3.05%)
PRIMECAP Management 13,293,381 sh (-3.67%)
Scott Black 119,675 sh (-4.01%)
Brian Rogers 4,166,100 sh (-5.66%)
Mario Gabelli 2,699,316 sh (-7.76%)
Ken Fisher 11,898 sh (-24.86%)
RS Investment Management 266,358 sh (-54.47%)
Steven Cohen 34,017 sh (-58.25%)
Joel Greenblatt 7,320 sh (-59.99%)
» More
Q1 2013

HON Guru Trades in Q1 2013

Louis Moore Bacon 25,000 sh (New)
Jean-Marie Eveillard 1,095,131 sh (+4993.63%)
Steven Cohen 319,928 sh (+840.49%)
Joel Greenblatt 24,704 sh (+237.49%)
Manning & Napier Advisors, Inc 104,316 sh (+2.33%)
Pioneer Investments 525,382 sh (+1.38%)
Brian Rogers 4,166,100 sh (unchged)
Jeremy Grantham Sold Out
Dodge & Cox 17,398 sh (-0.29%)
Bill Frels 2,371,360 sh (-0.29%)
Mario Gabelli 2,656,242 sh (-1.6%)
James Barrow 17,277,548 sh (-1.72%)
PRIMECAP Management 12,962,181 sh (-2.49%)
Scott Black 114,813 sh (-4.06%)
Murray Stahl 12,490 sh (-4.22%)
RS Investment Management 176,358 sh (-33.79%)
Ken Fisher 6,830 sh (-42.6%)
» More
» Details

Insider Trades

Latest Guru Trades with HON

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2013-03-31 Add 4993.63%0.27%$63.47 - $75.48 $ 79.2913%1095131
Joel Greenblatt 2013-03-31 Add 237.49%0.07%$63.47 - $75.48 $ 79.2913%24704
Ray Dalio 2012-12-31 Sold Out 0.05%$59.15 - $64.29 $ 79.2929%0
Joel Greenblatt 2012-12-31 Reduce -59.99%0.04%$59.15 - $64.29 $ 79.2929%7320
Ray Dalio 2012-09-30 Reduce -68.83%0.12%$53.63 - $61.39 $ 79.2937%66295
Joel Greenblatt 2012-09-30 Reduce -36.55%0.04%$53.63 - $61.39 $ 79.2937%18296
Scott Black 2012-06-30 Add 42.22%0.33%$53.1 - $61.32 $ 79.2938%124554
Ray Dalio 2012-06-30 New Buy0.18%$53.1 - $61.32 $ 79.2938%212695
Joel Greenblatt 2012-06-30 Add 224.16%0.08%$53.1 - $61.32 $ 79.2938%28837
Joel Greenblatt 2012-03-31 New Buy0.05%$55.18 - $61.78 $ 79.2943%8896
Ray Dalio 2011-12-31 Sold Out 0.08%$42.32 - $54.98 $ 79.2954%0
Joel Greenblatt 2011-12-31 Sold Out 0.07%$42.32 - $54.98 $ 79.2954%0
Ray Dalio 2011-09-30 Add 178.61%0.05%$41.94 - $60.44 $ 79.2961%117299
Joel Greenblatt 2011-09-30 Add 22.44%0.01%$41.97 - $60.44 $ 79.2960%9107
Joel Greenblatt 2011-06-30 New Buy0.06%$55.53 - $62 $ 79.2935%7438
John Keeley 2011-06-30 Sold Out 0.01%$55.53 - $62 $ 79.2935%0
Mario Gabelli 2011-03-31 Reduce -41.66%0.81%$53.16 - $59.6 $ 79.2941%2658384
Dodge & Cox 2011-03-31 Add 41.61%$53.16 - $59.6 $ 79.2941%18145
George Soros 2010-12-31 Sold Out $43.61 - $53.72 $ 79.2961%0
George Soros 2010-09-30 New Buy$38.53 - $44.46 $ 79.2988%5500
George Soros 2010-06-30 Sold Out 0.01%$39.33 - $48.52 $ 79.2980%0
George Soros 2010-03-31 New Buy0.01%$36.87 - $44.95 $ 79.2993%9200
John Keeley 2010-03-31 Reduce -75.14%0.01%$36.87 - $44.95 $ 79.2993%8600
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Honeywell International, Inc.

WEEKLY CFO SELLS HIGHLIGHT: ITW, HON, BOX, STZ, PFMT
April 28, 2013
According to GuruFocus Insider Data, the largest CFO sells during the past week were: Illinois Tool Works Inc., Honeywell International Inc., SeaCube Container Leasing Ltd., Constellation Brands Inc., and Performant Financial Corp. Read more...
Top CFO Sells of the Week
April 26, 2013
So far this week has been characterized with insider sells coming from several large corporations' chief financial officers. It is interesting to note when CFOs buy or sell their shares because they often have the most intimate knowledge of a companyโ€™s finances. Read more...
Weekly CEO Sells Highlight: Entegris, Honeywell International, St Jude Medical and Wesco International
November 5, 2012
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Entegris Inc., Honeywell International Inc., St. Jude Medical Inc. and Wesco International Inc. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 20.60
HON's P/E(ttm) is ranked lower than
909090% of the 110 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.60 vs. HON: 20.60 )
HON' s 10-Year P/E(ttm) Range
Min: 6.86   Max: 893.75
Current: 20.6
6.86
893.75
P/B 4.80
HON's P/B is ranked lower than
833333% of the 120 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.00 vs. HON: 4.80 )
HON' s 10-Year P/B Range
Min: 1.59   Max: 6.12
Current: 4.8
1.59
6.12
P/S 1.67
HON's P/S is ranked lower than
781249% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.91 vs. HON: 1.67 )
HON' s 10-Year P/S Range
Min: 0.5   Max: 1.95
Current: 1.67
0.5
1.95
PFCF 22.50
HON's PFCF is ranked lower than
1111110% of the 90 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.10 vs. HON: 22.50 )
HON' s 10-Year PFCF Range
Min: 6.15   Max: 44.01
Current: 22.5
6.15
44.01
EV-to-EBIT 14.9
HON's EV-to-EBIT is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 14.39 vs. HON: 14.9 )
HON' s 10-Year EV-to-EBIT Range
Min: 6.1   Max: 220.6
Current: 14.9
6.1
220.6
Shiller P/E 23.2
HON's Shiller P/E is ranked lower than
100% of the Companies
in the Global Aerospace & Defense industry.

( Industry Median: vs. HON: 23.2 )
HON' s 10-Year Shiller P/E Range
Min: 9.25   Max: 43.48
Current: 23.2
9.25
43.48

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 2.02
HON's Dividend Yield is ranked lower than
1282050% of the 78 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.82 vs. HON: 2.02 )
HON' s 10-Year Dividend Yield Range
Min: 1.22   Max: 4.78
Current: 2.02
1.22
4.78
Dividend Payout 0.405
HON's Dividend Payout is ranked lower than
1666665% of the 60 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.30 vs. HON: 0.405 )
HON' s 10-Year Dividend Payout Range
Min: 0.29   Max: 0.53
Current: 0.41
0.29
0.53
Dividend growth (3y) 6
HON's Dividend growth (3y) is ranked lower than
3333330% of the 30 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 12.00 vs. HON: 6 )
HON' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 7.5
Current: 6
0
7.5
Yield on cost (5-Year) 2.95
HON's Yield on cost (5-Year) is ranked lower than
1234567% of the 81 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.08 vs. HON: 2.95 )
HON' s 10-Year Yield on cost (5-Year) Range
Min: 1.8   Max: 7.06
Current: 2.95
1.8
7.06
Share Buyback Rate -1.2
HON's Share Buyback Rate is ranked lower than
3999996% of the 25 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.60 vs. HON: -1.2 )
HON' s 10-Year Share Buyback Rate Range
Min: 3.4   Max: -1.6
Current: -1.2

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 8.1
HON's Price/Net Current Asset Value is ranked lower than
900900% of the 111 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.70 vs. HON: 8.1 )
HON' s 10-Year Price/Net Current Asset Value Range
Min: 3.8   Max: 7.2
Current: 8.1
3.8
7.2
Price/DCF (Projected) 1.7
HON's Price/DCF (Projected) is ranked lower than
1408449% of the 71 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.30 vs. HON: 1.7 )
HON' s 10-Year Price/DCF (Projected) Range
Min: 0.6   Max: 1.5
Current: 1.7
0.6
1.5
Price/Median PS Value 1.4
HON's Price/Median PS Value is ranked lower than
793650% of the 126 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.00 vs. HON: 1.4 )
HON' s 10-Year Price/Median PS Value Range
Min: 0.6   Max: 1.3
Current: 1.4
0.6
1.3
Earnings Yield (Greenblatt) 6.70
HON's Earnings Yield (Greenblatt) is ranked lower than
869564% of the 115 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.90 vs. HON: 6.70 )
HON' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.5   Max: 16.4
Current: 6.7
0.5
16.4
Forward Rate of Return (Yacktman) 3.13
HON's Forward Rate of Return (Yacktman) is ranked lower than
1449274% of the 69 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.84 vs. HON: 3.13 )
HON' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -13.5   Max: 34.4
Current: 3.13
-13.5
34.4

Business Description

Honeywell International Inc. was incorporated in Delaware in 1985. The Company is a technology and manufacturing company, serving customers worldwide with aerospace products and services, control, sensing and security technologies for buildings, homes and industry, turbochargers, automotive products, specialty chemicals, electronic and advanced materials, and process technology for refining and petrochemicals, and energy efficient products and solutions for homes, business and transportation. The Company globally manages its business operations through four reportable segments: Aerospace, Automation and Control Solutions, Specialty Materials and Transportation Systems. Aerospace is a global supplier of aircraft engines, avionics, and related products and services for aircraft manufacturers, airlines, aircraft operators, military services, and defense and space contractors. Aerospace products and services include auxiliary power units, propulsion engines, environmental control systems, engine controls, flight safety, communications, navigation, radar and surveillance systems, aircraft lighting, management and technical services, advanced systems and instruments, aircraft wheels and brakes and repair and overhaul services. Automation and Control Solutions provides innovative products and solutions that make homes, buildings, industrial sites and infrastructure more efficient, safe and comfortable. ACS products and services include controls for heating, cooling, indoor air quality, ventilation, humidification, lighting and home automation; advanced software applications for home/building control and optimization; sensors, switches, control systems and instruments for measuring pressure, air flow, temperature and electrical current; security, fire and gas detection; personal protection equipment; access control; products for automatic identification and data collection, installation, maintenance and upgrades of systems that keep buildings safe, comfortable and productive; and automation and control solutions for industrial plants. Specialty Materials develops and manufactures chemicals and materials for applications in the refining, petrochemical, automotive, healthcare, agricultural, packaging, refrigeration, appliance, housing, semiconductor, wax and adhesives segments. Specialty Materials also provides process technology, products and services for the petroleum refining, gas processing technology, petrochemical and other industries. Transportation Systems provides automotive products that improve the performance, efficiency, and appearance of cars, trucks, and other vehicles through state-of-the-art technologies, world class brands and global solutions to customers' needs. Transportation Systems' products include turbochargers and charge-air and thermal systems; car care products including anti-freeze, and cleaners, waxes and additives. Honeywell's raw materials are natural gas, benzene, ethylene, fluorspar and sulfur in its Speci
Company Website
SEC Reports
Industry: Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, GD
Traded in other countries:HON.UK, ALD.Germany
ยป More Articles for HON

Headlines

Articles On GuruFocus.com
Weekly CEO Sells Highlight: SeaCube, Hasbro, Cepheid, Honeywell Apr 28 2013 
WEEKLY CFO SELLS HIGHLIGHT: ITW, HON, BOX, STZ, PFMT Apr 28 2013 
Top CFO Sells of the Week Apr 26 2013 
12 Best Dividend Paying Diversified Machinery Stocks Mar 12 2013 
'Super Mario' Gabelli Micro Moves Mar 08 2013 
United Technologies Corp. (UTX) Dividend Stock Analysis Feb 15 2013 
My 3 Favorite Industrial Dividend Stocks with Double-Digit Expected Earnings Growth Feb 12 2013 
My 3 Favorites from the 20 Highest Recommended Industrial Dividend Stocks Jan 22 2013 
Stocks to Buy on Dips: Schneider Electric (PINK:SBGSF) Dec 12 2012 
Weekly CEO Sells Highlight: Entegris, Honeywell International, St Jude Medical and Wesco Internation Nov 05 2012 

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