Honeywell

Honeywell International (Nasdaq: HON) is a US-based global conglomerate offering aircraft components, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell generated revenue of USD 35.5 billion in 2022.

The Aerospace segment (~33% of total revenue in 2022) offers a range of aircraft components and services for OEMs and the aftermarket. The Performance Materials and Technologies segment (~30%) provides process technologies, automation systems, and high-performance chemicals and materials. The Safety and Productivity Solutions segment (~20%) provides goods and software that increase productivity, workplace safety, and asset performance for clients worldwide. The Honeywell Building Technologies segment (~17%) provides products, software, solutions, and technologies to ensure that buildings are secure, energy-efficient, sustainable, and productive. 

The US was Honeywell’s largest market (~60% of total revenue in 2022), followed by Europe (~19%). Honeywell expects revenue of USD 36.5 billion–37.3 billion and organic revenue growth to be between 3% and 6% YoY for 2023 (+3.1% YoY in 2022). The company also expects an adjusted EPS of USD 9.00 to USD 9.25 (USD 7.27 in 2022). Honeywell expects to reach carbon neutrality by 2035.