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Honeywell — Oct 24, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000773840-24-000097
Open on SEC.gov ↗
Showing in the filing
Expansion
“Down 10 - Flat bps”
Period
FY2024
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 9
Sales for FY2024
“$38.6 billion to $38.8 billion”
Organic sales growth for FY2024
“3% to 4%”
Segment margin for FY2024
“23.4% to 23.5%”
Segment margin year over year change for FY2024
“flat to down 10 basis points”
Adjusted earnings per share for FY2024
“$10.15 to $10.25”
Operating cash flow for FY2024
“$6.2 billion to $6.5 billion”
Free cash flow for FY2024
“$5.1 billion to $5.4 billion”
Segment Margin Expansion for FY2024
“Down 10 - Flat bps”
Expansion for FY2024
“Down 10 - Flat bps”
Exhibit 99.1 · the passage around this item
… earlier in the release
A replay of the webcast will be available for 30 days following the presentation. TABLE 1: FULL-YEAR 2024 GUIDANCE 2 Previous Guidance Current Guidance Sales $39.1B - $39.7B $38.6B - $38.8B Organic 1 Growth 5% - 6% 3% - 4% Segment Margin 23.3% - 23.5% 23.4% - 23.5% Expansion Down 20 - Flat bps Down 10 - Flat bps Adjusted Earnings Per Share 3 $10.05 - $10.25 $10.15 - $10.25 Adjusted Earnings Growth 3 6% - 8% 7% - 8% Operating Cash Flow $6.6B - $7.0B $6.2B - $6.5B Free Cash Flow 1 $5.5B - $5.9B $5.1B - $5.4B - MORE - Honeywell Q3’24 Results - 4 TABLE 2: SUMMARY OF HONEYWELL FINANCIAL RESULTS   3Q 2024 3Q 2023 Change Sales $9,728 $9,212 6% Organic 1 Growth     3% Operating Income Margin 19.1% 20.9% -180 bps Segment Profit 1 $2,296 $2,170 6% Segment Margin 1 23.6% 23.6% 0 bps Earnings Per Share $2.16 $2.27 (5%) Adjusted Earnings Per Share 1 $2.58 $2.38 8% Operating Cash Flow $1,997 $1,809 10% Free Cash Flow 1 $1,718 $1,560 10% TABLE 3: SUMMARY OF SEGMENT FINANCIAL RESULTS AEROSPACE TECHNOLOGIES 3Q 2024 3Q 2023 Change Sales $3,912 $3,499 12% Organic 1 Growth     10% Segment Profit $1,082 $968 12% Segment Margin 27.7% 27.7% 0 bps INDUSTRIAL AUTOMATION Sales $2,501 $2,630 (5%) Organic 1 Growth (5%) Segment Profit $508 $519 (2%) Segment Margin 20.3% 19.7% 60 bps BUILDING AUTOMATION       Sales $1,745 $1,530 14% Organic 1 Growth     3% Segment Profit $452 $392 15% Segment Margin 25.9% 25.6% 30 bps ENERGY AND SUSTAINABILITY SOLUTIONS       Sales $1,563 $1,551 1% Organic 1 Growth     1% Segment Prof
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.