Honeywell International (STU:ALD) EBIT: €5,069 Mil (TTM As of Mar. 2026)


STU:ALD Honeywell International Inc STU:ALD
82 GF Score
Price €200.50
GF Value €194.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Honeywell International EBIT?

Honeywell International STU:ALD +2.68% 82 EBIT is €5,069 Mil as of Mar. 2026. GuruFocus rates STU:ALD with a GF Score™ of 82/100 and a GF Value™ of €194.33 (Fairly Valued). The stock has 6 warning signs investors should review.

Honeywell International's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €1,074 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €5,069 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Honeywell International's annualized ROC % for the quarter that ended in Mar. 2026 was 11.40%. Honeywell International's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Honeywell International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.40%.


Honeywell International  (STU:ALD) EBIT Explanation

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

Honeywell International'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 )
=6010.02 * ( 1 - 10.27% )/( (49296.296 + 45278.425)/ 2 )
=5392.790946/47287.3605
=11.40 %

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))
=62923.574 - 7672.336 - ( 11042.22 - max(0, 19995.556 - 25950.498+11042.22))
=49296.296

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))
=63999.62 - 11364.37 - ( 10717.35 - max(0, 19103.525 - 26460.35+10717.35))
=45278.425

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 International'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 )
=4297.32/( ( (3953.166 + max(1414.224, 0)) + (4034.36 + max(3325.06, 0)) )/ 2 )
=4297.32/( ( 5367.39 + 7359.42 )/ 2 )
=4297.32/6363.405
=67.53 %

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)
=(6508.334 + 5262.348 + 3137.596) - (7672.336 + 3296.44 + 2525.278)
=1414.224

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6973.63 + 5509.185 + 3260.185) - (11364.37 + 0 + 1053.57)
=3325.06

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=5068.891/148972.638
=3.40 %

* 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 EBIT Related Terms


Honeywell International EBIT Historical Data

* Premium members only.

The historical data trend for Honeywell International'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 International EBIT Chart

Honeywell International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,706.53 6,412.59 6,363.98 6,963.86 5,824.28

Honeywell International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,803.75 1,908.27 2,194.75 -108.46 1,074.33

STU:ALD vs MMM, VMI, SEB: EBIT Comparison

For the Conglomerates subindustry, Honeywell International'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 International EV-to-EBIT vs Conglomerates Industry

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

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


STU:ALD
82GF Score
Honeywell International Inc STU:ALD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell International 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 €5,069 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 €5,069 Mil mean?
Honeywell International (STU:ALD) has a EBIT of €5,069 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Honeywell International.
Is Honeywell International's EBIT too high?
Honeywell International's current EBIT is €5,069 Mil. Overall, Honeywell International has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Honeywell International's EBIT compare to MMM and VMI?
Honeywell International's EBIT of €5,069 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good EBIT depends on the Conglomerates 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 International. Honeywell International's current EBIT is €5,069 Mil. 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 (STU:ALD) is currently considered Fairly Valued. The stock's GF Value™ is €194.33, compared to a current price of €200.50 — trading 3.2% above its estimated fair value. The current EBIT is €5,069 Mil. Honeywell International's overall GF Score™ is 82/100 with 6 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 International (STU:ALD), the current EBIT is €5,069 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.

Is Honeywell International (STU:ALD) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell International stock appears to be overvalued. The current stock price of €200.50 is trading 3.2% above its estimated GF Value™ of €194.33. GuruFocus considers Honeywell International to be Fairly Valued.

Key valuation signals for STU:ALD:

  • EBIT: €5,069 Mil
  • GF Value™: €194.33 vs. price of €200.50 (3.2% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the STU:ALD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeywell International Business Description

Address 855 South Mint Street, Charlotte, NC, USA, 28202
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.
82GF Score

Get the complete analysis for STU:ALD

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

€200.50
Price
€194.33
GF Value