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Honeywell InternationalFRA:ALDB -0.63%74 Debt-to-Equity is 1.80 as of Jun. 2026, which is 55% above its 10-year median of 1.16. GuruFocus rates FRA:ALDB with a GF Score™ of 74/100 and a GF Value™ of €6.77 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 516 Conglomerates companies, Honeywell International ranks worse than 85.85% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Honeywell International's Debt-to-Equity or its related term are showing as below:
FRA:ALDB'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 1.16 Max: 2.56
Current: 1.8
During the past 13 years, the highest Debt-to-Equity Ratio of Honeywell International was 2.56. The lowest was 0.78. And the median was 1.16.
FRA:ALDB's Debt-to-Equity is ranked worse than 85.85% of 516
companies
in the Conglomerates industry
Industry Median: 0.55
vs FRA:ALDB: 1.80
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Honeywell International Debt-to-Equity Related Terms
Honeywell International Debt-to-Equity Historical Data
* 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.
FRA:ALDB vs MMM, VMI, GHC: Debt-to-Equity Comparison
For the Conglomerates subindustry, Honeywell International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 International Debt-to-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Honeywell International's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Honeywell International's Debt-to-Equity 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.
Honeywell International (FRA:ALDB) has a Debt-to-Equity of 1.80 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Honeywell International and its competitors. This is 55% above median its historical median of 1.16. Over the past decade, Honeywell International's Debt-to-Equity has ranged from 0.78 to 2.56. According to the industry distribution chart, Honeywell International ranks #443 out of 516 companies in the Conglomerates industry, placing it in the top 85.9%.
Is Honeywell International's Debt-to-Equity too high?
Honeywell International's current Debt-to-Equity of 1.80 is 55% above median its 10-year median of 1.16. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.56. The Conglomerates industry median Debt-to-Equity is 0.55. Honeywell International's value of 1.80 is 227.3% above this industry median. Based on the distribution chart, Honeywell International ranks #443 out of 516 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Honeywell International has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's Debt-to-Equity compare to MMM and VMI?
According to the Conglomerates industry distribution chart, Honeywell International ranks #443 out of 516 companies for Debt-to-Equity. This places Honeywell International in the lower half of its industry. The industry median Debt-to-Equity is 0.55. Honeywell International's value of 1.80 is 227.3% above this benchmark. Historically, Honeywell International's own Debt-to-Equity has ranged from 0.78 to 2.56 over the past decade. While the company's 10-year median is 1.16 vs. the industry median of 0.55, Honeywell International has consistently been above 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-Equity for a Conglomerates company?
The median Debt-to-Equity among Conglomerates companies is 0.55, based on 516 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Honeywell International's current Debt-to-Equity of 1.80 is 227.3% above 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Honeywell International and its competitors. For the Conglomerates industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Honeywell International's current Debt-to-Equity is 1.80, which is 55% above median its own 10-year median of 1.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell International stock overvalued right now?
Based on GuruFocus' analysis, Honeywell International (FRA:ALDB) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.77, compared to a current price of €7.85 — trading 16% above its estimated fair value. The current Debt-to-Equity is 1.80, which is 55% above median its 10-year median of 1.16 and 227.3% above the Conglomerates industry median of 0.55. Honeywell International's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Honeywell International (FRA:ALDB), the current Debt-to-Equity is 1.80 as of Jun. 2026. 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.
Is Honeywell International (FRA:ALDB) Overvalued in 2026?
Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued.
The current stock price of €7.85 is trading 16% above its estimated GF Value™ of €6.77.
GuruFocus considers Honeywell International to be Modestly Overvalued.
Key valuation signals for FRA:ALDB:
Debt-to-Equity: 1.80 (55% above median its 10-year median of 1.16)
GF Value™: €6.77 vs. price of €7.85 (16% above fair value)
Industry Position: 227.3% above the Conglomerates median (#443 of 516)
No single metric tells the full story. See the FRA:ALDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Honeywell traces its roots to 1885 with Albert Butz's firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies, industrial automation, energy and sustainability solutions, and building automation. Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around one third of its revenue from recurring aftermarket services.
74GF Score
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