HONA (Honeywell Aerospace) EBIT: $849 Mil (TTM As of Mar. 2026)


HONA Honeywell Aerospace Inc HONA
15 GF Score
Price $227.29
! 4 Warning Signs
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What is Honeywell Aerospace EBIT?

Honeywell Aerospace HONA +2.94% 15 EBIT is $849 Mil as of Mar. 2026. GuruFocus rates HONA with a GF Score™ of 15/100. The stock has 4 warning signs investors should review.

Honeywell Aerospace's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $849 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $849 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Honeywell Aerospace's annualized ROC % for the quarter that ended in Mar. 2026 was 17.79%. Honeywell Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 114.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Honeywell Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.98%.

Honeywell Aerospace  (NAS:HONA) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Honeywell Aerospace's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3260 * ( 1 - 20.74% )/( (12930 + 16125)/ 2 )
=2583.876/14527.5
=17.79 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=17685 - 4542 - ( 213 - max(0, 6577 - 8390+213))
=12930

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21363 - 4238 - ( 1000 - max(0, 5813 - 9401+1000))
=16125

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Honeywell Aerospace's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3396/( ( (2355 + max(269, 0)) + (2179 + max(1133, 0)) )/ 2 )
=3396/( ( 2624 + 3312 )/ 2 )
=3396/2968
=114.42 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2156 + 4311 + 344) - (4542 + 1589 + 411)
=269

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2167 + 4443 + 336) - (4238 + 1575 + 0)
=1133

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Honeywell Aerospace's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=849/86987.236
=0.98 %

* 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 EBIT Related Terms

Honeywell Aerospace EBIT Historical Data

* Premium members only.

The historical data trend for Honeywell Aerospace's EBIT 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 EBIT Chart

Honeywell Aerospace Annual Data
Trend Dec23 Dec24 Dec25
EBIT
3,564.00 3,509.00 3,174.00

Honeywell Aerospace Quarterly Data
Dec24 Mar25 Dec25 Mar26
EBIT 0.00 933.00 0.00 849.00

HONA vs NOC, TDG, LHX: EBIT Comparison

For the Aerospace & Defense subindustry, Honeywell Aerospace's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Honeywell Aerospace's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Honeywell Aerospace's EV-to-EBIT falls into.


HONA
15GF Score
Honeywell Aerospace Inc HONA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Aerospace EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $849 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $849 Mil mean?
Honeywell Aerospace (HONA) has a EBIT of $849 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Honeywell Aerospace.
Is Honeywell Aerospace's EBIT too high?
Honeywell Aerospace's current EBIT is $849 Mil. Overall, Honeywell Aerospace has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Honeywell Aerospace's EBIT compare to NOC and TDG?
Honeywell Aerospace's EBIT of $849 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Honeywell Aerospace. Honeywell Aerospace's current EBIT is $849 Mil. 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 (HONA) has a current EBIT of $849 Mil. The current EBIT is $849 Mil. Honeywell Aerospace's overall GF Score™ is 15/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Honeywell Aerospace (HONA), the current EBIT is $849 Mil as of Mar. 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.

Honeywell Aerospace Business Description

Address 1944 E Sky Harbor Cir N, Phoenix, AZ, USA, 85034
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.
15GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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