GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Honeywell International Inc (MIL:1HON) » Definitions » FFO

Honeywell International (MIL:1HON) FFO


View and export this data going back to 2023. Start your Free Trial

What is Honeywell International FFO?

FFO (Funds from operations) only applies to REITs.


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 (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). 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 30% of its revenue from recurring aftermarket services.