Honeywell International Q1 Earnings Call Highlights

2 hours ago 3

MarketBeat

Thu, April 23, 2026 astatine 12:39 PM CDT 9 min read

Honeywell International logo

Strong Q1 results: Organic orders grew 7% with book‑to‑bill supra 1.1 and backlog implicit $38 billion, portion adjusted EPS was $2.45 (up 11%) and conception borderline expanded 90 bps to 23.3%, though escaped currency travel fell to astir $100 cardinal owed to timing and inventory effects.
Near‑term disruptions but request intact: Management flagged astir $50 cardinal of lost, mostly high‑margin aftermarket gross from the Middle East struggle (about a 0.5% Q1 gross hit, assumed to persist done Q2) and impermanent mechanical supply‑chain constraints successful Aerospace that began recovering successful March/April.
Portfolio moves and guidance preserved: Honeywell expects the Aerospace spin‑off connected June 29 backed by $20 cardinal of financing and investment‑grade ratings, reaffirmed full‑year integrated maturation of 3–6% and conception borderline of 22.7–23.1%, and is progressing with the Johnson Matthey Catalyst acquisition and planned divestitures closing aboriginal successful 2026.
Interested successful Honeywell International Inc.? Here are 5 stocks we similar better.

5 Spin-Off Stocks That Could Reward Patient Investors successful 2026

Honeywell International (NASDAQ:HON) reported what executives described arsenic a beardown commencement to 2026, highlighting integrated bid growth, borderline enlargement and advancement connected its multi-year portfolio transformation, portion besides flagging near-term disruption tied to the struggle successful the Middle East and impermanent aerospace proviso concatenation constraints.

Chairman and CEO Vimal Kapur said the institution delivered “strong results successful Q1, gathering connected the momentum from 2025, contempt a analyzable geopolitical backdrop and impermanent mechanical proviso concatenation constraints successful Aerospace.” Honeywell’s integrated orders grew 7% successful the quarter, supported by spot successful Building and Industrial Automation and successful petrochemical and refining wrong Process. Kapur said book-to-bill was supra 1.1 and backlog roseate to “over $38 billion.”

→ Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting

3 Industrial Stocks Making New All-Time Highs

CFO Mike Stepniak said Honeywell exceeded expectations for conception borderline and adjusted EPS successful the 4th portion navigating geopolitical and macro uncertainty. Organic income grew 2%, led by Building Automation and Aerospace Technologies, portion conception borderline expanded 90 ground points to 23.3% with betterment crossed each 4 segments.

Stepniak reported adjusted EPS of $2.45, up 11% twelvemonth implicit year, driven by higher conception nett and a little stock count, with “favorable” below-the-line items chiefly owed to higher pension income. Free currency travel was “nearly $100 million,” down from $200 cardinal past year. Stepniak attributed the diminution to timing of collections successful the Middle East and inventory headwinds successful Aerospace related to the mechanical proviso concatenation dynamics, portion noting collections improved meaningfully successful April.

Read Entire Article