HighGravityDataHoneywell — Feb 6, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000773840-25-000005
Showing in the filing
Earnings per share of common stock - diluted
“$9.39 - $9.79”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 21
Sales for FY2025
“$39.6 billion to $40.6 billion”
Organic sales growth for FY2025
“2% to 5%”
Segment margin for FY2025
“23.2% to 23.6%”
Segment margin expansion for FY2025
“60 to 100 basis points”
Adjusted earnings per share for FY2025
“$10.10 to $10.50”
Operating cash flow for FY2025
“$6.7 billion to $7.1 billion”
Free cash flow for FY2025
“$5.4 billion to $5.8 billion”
Organic sales growth excluding Bombardier ag… for FY2025
“1% to 4%”
Segment margin excluding Bombardier agreemen… for FY2025
“down 10 to up 30 basis points year over year”
Adjusted earnings per share excluding Bombar… for FY2025
“down 2% to up 2% year over year”
Separation of Automation and Aerospace compl… for FY2026
“second half of 2026”
Sales
“$39.6B - $40.6B”
Organic Growth
“2% - 5%”
Segment Margin
“23.2% - 23.6%”
Expansion for FY2025
“Up 60 - 100 bps”
Adjusted Earnings Per Share
“$10.10 - $10.50”
Adjusted Earnings Growth
“2% - 6%”
Operating Cash Flow
“$6.7B - $7.1B”
Free Cash Flow
“$5.4B - $5.8B”
Earnings per share of common stock - diluted for FY2025
“$9.39 - $9.79”
Capital expenditures for FY2025
“~(1.3)”
Exhibit 99.1 · the passage around this item
… earlier in the release
Reconciliation of Earnings per Share to Adjusted Earnings per Share (Unaudited) Three Months Ended December 31, Twelve Months Ended December 31, Twelve Months Ended December 31, 2024 2023 2024 2023 2025E Earnings per share of common stock - diluted 1 $ 1.96 $ 1.91 $ 8.71 $ 8.47 $9.39 - $9.79 Pension mark-to-market expense 2 0.15 0.19 0.14 0.19 No Forecast Amortization of acquisition-related intangibles 3 0.16 0.09 0.49 0.35 0.70 Acquisition-related costs 4 0.02 — 0.09 0.01 0.01 Divestiture-related costs 5 0.04 — 0.04 — No Forecast Russian-related charges 6 — — 0.03 — — Net expense related to the NARCO Buyout and HWI Sale 7 — — — 0.01 — Adjustment to estimated future Bendix liability 8 — 0.49 — 0.49 — Indefinite-lived intangible asset impairment 9 — — 0.06 — — Impairment of assets held for sale 10 0.14 — 0.33 — — Adjusted earnings per share of common stock - diluted $ 2.47 $ 2.69 $ 9.89 $ 9.52 $10.10 - 10.50 1 For the three months ended December 31, 2024, and 2023, adjusted earnings per share utilizes weighted average shares of approximately 654.8 million and 660.9 million, respectively. For the twelve months ended December 31, 2024, and 2023, adjusted earnings per share utilizes weighted average shares of approximately 655.3 million and 668.2 million, respectively. For the twelve months ended December 31, 2025, expected earnings per share utilizes weighted average shares of approximately 649 million. 2 Pension mark-
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.