Honeywell — Apr 23, 2026 release

Segment margin expanded 260 basis points year over year to 17.0% driven by commercial excellence and productivity actions, partially offset by cost inflation. Table 3: Full-Year 2026 Guidance 1 Previous Guidance Current Guidance Sales $38.8B - $39.8B $38.8B - $39.8B Organic Growth 3% - 6% 3% - 6% Segment Margin 2 22.7% - 23.1% 22.7% - 23.1% Expansion 5 Up 20 - 60 bps Up 20 - 60 bps Adjusted Earnings Per Share 2,3 $10.35 - $10.65 $10.35 - $10.65 Adjusted Earnings Growth 3 6% - 9% 6% - 9% Operating Cash Flow $4.7B - $5.0B $4.4B - $4.7B Free Cash Flow 4 $5.3B - $5.6B $5.3B - $5.6B Free Cash Flow Growth 4 4% - 10% 4% - 10% 1 See additional information at the end of this release regarding non-GAAP financial measures. 2 Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment margin and adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS. 3 Adjusted EPS and adjusted EPS V% guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, and any potential future one-time items that we cannot reliably predict or estimate such as pension mark-to-market. 4 With respect to historical periods, free cash flow adjusts for capital expenditures, spin-off and separation-related cost payments, Resideo indemnification and reimbursement agreement termi