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Honeywell AerospaceFRA:AW8 -0.15%26 Debt-to-EBITDA is 0.08 as of Dec. 2025, which is 14% above its 10-year median of 0.07. GuruFocus rates FRA:AW8 with a GF Score™ of 26/100. The stock has 1 warning sign investors should review. Among 253 Aerospace & Defense companies, Honeywell Aerospace ranks better than 91.3% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Honeywell Aerospace's Debt-to-EBITDA or its related term are showing as below:
FRA:AW8'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 0.08
Current: 0.08
During the past 3 years, the highest Debt-to-EBITDA Ratio of Honeywell Aerospace was 0.08. The lowest was 0.06. And the median was 0.07.
FRA:AW8's Debt-to-EBITDA is ranked better than 91.3% of 253
companies
in the Aerospace & Defense industry
Industry Median: 1.75
vs FRA:AW8: 0.08
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Honeywell Aerospace Debt-to-EBITDA Related Terms
Honeywell Aerospace Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Honeywell Aerospace's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Honeywell Aerospace Debt-to-EBITDA Chart
Honeywell Aerospace Annual Data
Trend
Dec23
Dec24
Dec25
Debt-to-EBITDA
0.00
0.06
0.08
Honeywell Aerospace Semi-Annual Data
Dec23
Dec24
Dec25
Debt-to-EBITDA
0.00
0.06
0.08
FRA:AW8 vs TDG, LHX, NOC: Debt-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Honeywell Aerospace's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Honeywell Aerospace Debt-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Honeywell Aerospace's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is one times the quarterly (Dec. 2025) EBITDA data.
Honeywell Aerospace (FRA:AW8) has a Debt-to-EBITDA of 0.08 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Honeywell Aerospace. This is 14% above median its historical median of 0.07. Over the past decade, Honeywell Aerospace's Debt-to-EBITDA has ranged from 0.06 to 0.08. According to the industry distribution chart, Honeywell Aerospace ranks #22 out of 253 companies in the Aerospace & Defense industry, placing it in the top 8.7%.
Is Honeywell Aerospace's Debt-to-EBITDA too high?
Honeywell Aerospace's current Debt-to-EBITDA of 0.08 is 14% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.08. The Aerospace & Defense industry median Debt-to-EBITDA is 1.75. Honeywell Aerospace's value of 0.08 is 95.4% below this industry median. Based on the distribution chart, Honeywell Aerospace ranks #22 out of 253 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Honeywell Aerospace has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's Debt-to-EBITDA compare to TDG and LHX?
According to the Aerospace & Defense industry distribution chart, Honeywell Aerospace ranks #22 out of 253 companies for Debt-to-EBITDA. This places Honeywell Aerospace in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.75. Honeywell Aerospace's value of 0.08 is 95.4% below this benchmark. Historically, Honeywell Aerospace's own Debt-to-EBITDA has ranged from 0.06 to 0.08 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 1.75, Honeywell Aerospace has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Aerospace & Defense company?
The median Debt-to-EBITDA among Aerospace & Defense companies is 1.75, based on 253 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell Aerospace's current Debt-to-EBITDA of 0.08 is 95.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Honeywell Aerospace. For the Aerospace & Defense industry, the median Debt-to-EBITDA is 1.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell Aerospace's current Debt-to-EBITDA is 0.08, which is 14% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Aerospace stock overvalued right now?
Honeywell Aerospace (FRA:AW8) has a current Debt-to-EBITDA of 0.08. The current Debt-to-EBITDA is 0.08, which is 14% above median its 10-year median of 0.07 and 95.4% below the Aerospace & Defense industry median of 1.75. Honeywell Aerospace's overall GF Score™ is 26/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Honeywell Aerospace (FRA:AW8), the current Debt-to-EBITDA is 0.08 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Honeywell Aerospace Inc operates as an aerospace and defense supplier of systems and technologies that enable the production, maintenance, and safe operation of aerospace and defense platforms. Its products support original equipment manufacturer (OEM), government, defense prime contractor, and aircraft operator customers across the Commercial Air Transport, Business Aviation, and Defense and Space end markets. The company has three operating segments: Electronic Solutions (ES), Engines & Power Systems (E&PS), and Control Systems (CS ). The majority of revenue is derived from the Electronic Solutions segment, which offers Avionics, Navigation and Sensors, Electromagnetic Defensive Solutions, and Space systems. Geographically, the maximum revenue is generated from the United States.
26GF Score
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