Honeywell Operating Income from 2010 to 2024

HON Stock  USD 229.64  0.76  0.33%   
Honeywell International Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about 7.4 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Honeywell International generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
B
Current Value
2.1 B
Quarterly Volatility
1.5 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Honeywell International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Honeywell International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 859.6 M, Interest Expense of 803.2 M or Total Revenue of 28.3 B, as well as many indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0261 or PTB Ratio of 9.21. Honeywell financial statements analysis is a perfect complement when working with Honeywell International Valuation or Volatility modules.
  
Check out the analysis of Honeywell International Correlation against competitors.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

Latest Honeywell International's Operating Income Growth Pattern

Below is the plot of the Operating Income of Honeywell International over the last few years. Operating Income is the amount of profit realized from Honeywell International operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Honeywell International is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Honeywell International's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Honeywell International's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Honeywell Operating Income Regression Statistics

Arithmetic Mean5,966,946,667
Geometric Mean5,381,374,583
Coefficient Of Variation33.10
Mean Deviation1,450,364,444
Median6,705,000,000
Standard Deviation1,974,932,465
Sample Variance3900358.2T
Range7B
R-Value0.79
Mean Square Error1552579.1T
R-Squared0.63
Significance0.0004
Slope350,619,286
Total Sum of Squares54605015.4T

Honeywell Operating Income History

20247.4 B
20237.1 B
20226.8 B
20217.6 B
20206.4 B
20197.9 B
20186.7 B

Other Fundumenentals of Honeywell International

Honeywell International Operating Income component correlations

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About Honeywell International Financial Statements

Honeywell International investors utilize fundamental indicators, such as Operating Income, to predict how Honeywell Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income7.1 B7.4 B
Non Operating Income Net Other420.9 M511.3 M

Pair Trading with Honeywell International

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Honeywell International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Honeywell International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Honeywell Stock

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Moving against Honeywell Stock

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The ability to find closely correlated positions to Honeywell International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Honeywell International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Honeywell International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Honeywell International to buy it.
The correlation of Honeywell International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Honeywell International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Honeywell International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Honeywell International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out the analysis of Honeywell International Correlation against competitors.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Honeywell International. If investors know Honeywell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Honeywell International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
4.32
Earnings Share
8.67
Revenue Per Share
58.021
Quarterly Revenue Growth
0.056
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.