Honeywell — Apr 23, 2026 release

We continue to expect full-year sales of $38.8 billion to $39.8 billion with organic 1 sales growth of 3% to 6%; segment margin 2 in the range of 22.7% to 23.1%, with segment margin 2,5 expansion of 20 to 60 basis points year over year; and adjusted earnings per share 2,3 in the range of $10.35 to $10.65, up 6% to 9%. Operating cash flow is now expected to be in the range of $4.4 billion to $4.7 billion, while free cash flow 1,4 expectations are unchanged at $5.3 billion to $5.6 billion. Sale of Warehouse and Workflow Solutions Business Honeywell announced today that it has agreed to sell its Warehouse and Workflow Solutions (WWS) business to American Industrial Partners (AIP), an operationally focused private equity firm that invests in quality industrial businesses with strong management teams. The transaction is expected to be completed in the second half of 2026 and is subject to customary closing conditions. Terms of the transaction were not disclosed. This concludes Honeywell’s review of strategic alternatives for the WWS business, which operates commercially under the Intelligrated and Transnorm brands. WWS, which generated approximately $935 million in revenue in 2025, is a leading provider of supply chain and warehouse automation projects, services and products – including automated sortation systems, palletizers, conveyors and robotics solutions as well as aftermarket services - MORE - Honeywell Q1’26 Results - 5 and software. WWS will build on AIP’s existing investment in Trew, creating a complementary and differentiated platform to better serve customers across a wide range of industries. As part of the same strategic review, Honeywell also announced