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Guidance history, every release

Honeywell (HON) · 8 releases, Oct 24, 2024 to Jul 23, 2026 · rows are metrics, columns are releases

Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing

Metric	Oct 24, 2024 FY24 Q3	Feb 6, 2025 FY24 Q4	Apr 29, 2025 FY25 Q1	Jul 24, 2025 FY25 Q2	Oct 23, 2025 FY25 Q3	Jan 29, 2026 FY25 Q4	Apr 23, 2026 FY26 Q1	Jul 23, 2026 FY26 Q2
For FY2026
Adjusted earnings per share	—	—	—	—	—	New“$10.35 - $10.65”	Reiterated“$10.35 to $10.65”	Lowered“$8.05 to $8.35”
Adjusted earnings per share of common stock from continuing operations - diluted	—	—	—	—	—	—	—	New“$8.05 - 8.35”
Adjusted EPS	—	—	—	—	—	New“$10.35 - $10.65”	—	—
Earnings per share of common stock from continuing operations - diluted	—	—	—	—	—	New“$9.59 - $9.89”	—	Raised“$21.05 - $21.35”
Expected weighted average diluted shares (for adjusted EPS)	—	—	—	—	—	New“approximately 638 million”	—	—
Segment margin	—	—	—	—	—	New“22.7% to 23.1%”	Reiterated“22.7% to 23.1%”	Lowered“20.1% to 20.5%”
Segment margin expansion	—	—	—	—	—	New“20 to 60 basis points”	Reiterated“20 to 60 basis points year over year”	Raised“250 to 290 basis points year over year”
Capital Expenditures	—	—	—	—	—	New“~(1.3)”	Reiterated“~(1.3)”	—
Cash provided by operating activities from continuing operations	—	—	—	—	—	—	—	New“$1.9 - $2.2”
Expected Weighted Average Diluted Shares	—	—	—	—	—	—	New“approximately 639 million”	—
Free cash flow	—	—	—	—	—	New“$5.3 billion to $5.6 billion”	Reiterated“$5.3 billion to $5.6 billion”	Lowered“~1.8 - $2.1”
Honeywell Aerospace Spin-off Timing	—	—	—	—	—	—	New“Third Quarter (June 29, 2026)”	—
Operating cash flow	—	—	—	—	—	New“$4.7 billion to $5.0 billion”	Lowered“$4.4 billion to $4.7 billion”	Lowered“approximately $2.1 billion”
Organic growth	—	—	—	—	—	—	—	New“4% to 6%”
Organic growth, second half	—	—	—	—	—	—	—	New“4% to 6%”
Organic sales growth	—	—	—	—	—	New“3% to 6%”	Reiterated“3% to 6%”	Narrowed“3% to 4%”
Sale of WWS and PSS Businesses Expected Closing	—	—	—	—	—	—	New“second half of 2026”	—
Sales	—	—	—	—	—	—	New“$38.8 billion to $39.8 billion”	Lowered“$19.8 billion to $20.0 billion”
Sales	—	—	—	—	—	New“$38.8 billion to $39.8 billion”	—	—
Separation completion (Automation and Aerospace Technologies)	—	—	—	New“intended to be fully completed in the second half of 2026”	—	—	—	—
Separation of Automation and Aerospace completion	—	New“second half of 2026”	—	—	—	—	—	—
Weighted average diluted shares	—	—	—	—	—	—	—	New“approximately 319 million”
For FY2025
Adjusted Earnings Growth	—	—	—	New“6% - 8%”	Narrowed“7% - 8%”	—	—	—
Adjusted Earnings Growth 3	—	—	New“3% - 6%”	—	—	—	—	—
Adjusted earnings per share	—	New“$10.10 to $10.50”	—	Raised“$10.45 to $10.65”	Raised“$10.60 to $10.70”	—	—	—
Adjusted Earnings Per Share 3	—	—	New“$10.20 - $10.50”	—	—	—	—	—
Adjusted earnings per share excluding Bombardier agreement impact	—	New“down 2% to up 2% year over year”	—	—	—	—	—	—
Adjusted earnings per share growth excluding Bombardier agreement impact	—	—	New“down 1% to up 2% year over year”	Raised“up 1% to 3% year over year”	Raised“up approximately 3%”	—	—	—
Adjusted earnings per share growth excluding Bombardier agreement impact and Solstice Advanced Materials spin-off	—	—	—	—	New“5% to 6%”	—	—	—
Adjusted earnings per share reduction from Solstice Advanced Materials spin-off	—	—	—	—	New“$0.21”	—	—	—
Earnings per share of common stock - diluted	—	New“$9.39 - $9.79”	Narrowed“$9.48 - $9.78”	—	—	—	—	—
Segment margin	—	New“23.2% to 23.6%”	Narrowed“23.2% to 23.5%”	Lowered“23.0% to 23.2%”	Lowered“22.9% to 23.0%”	—	—	—
Segment margin change excluding Bombardier agreement impact	—	—	New“down 10 to up 20 basis points year over year”	Lowered“down 30 to 10 basis points year over year”	Lowered“down 40 to 30 basis points”	—	—	—
Segment margin excluding Bombardier agreement impact	—	New“down 10 to up 30 basis points year over year”	—	—	—	—	—	—
Segment margin expansion	—	New“60 to 100 basis points”	Narrowed“60 to 90 basis points year over year”	Lowered“40 to 60 basis points year over year”	Lowered“30 to 40 basis points year over year”	—	—	—
Capital deployment commitment	—	—	New“at least $25 billion toward high-return capital expenditures, dividends, opportunistic share purchases, and accretive acquisitions”	—	—	—	—	—
Capital expenditures	—	New“~(1.3)”	Reiterated“~(1.3)”	—	—	—	—	—
Expansion	—	New“Up 60 - 100 bps”	Narrowed“Up 60 - 90 bps”	Lowered“Up 40 - 60 bps”	—	—	—	—
Free cash flow	—	New“$5.4 billion to $5.8 billion”	—	Reiterated“$5.4 billion to $5.8 billion”	Lowered“$5.2 billion to $5.6 billion”	—	—	—
Free Cash Flow 1	—	—	New“$5.4B - $5.8B”	—	—	—	—	—
Free cash flow reduction from Solstice Advanced Materials spin-off	—	—	—	—	New“$0.2 billion”	—	—	—
Operating cash flow	—	New“$6.7 billion to $7.1 billion”	Reiterated“$6.7 billion to $7.1 billion”	Reiterated“$6.7 billion to $7.1 billion”	Lowered“$6.4 billion to $6.8 billion”	—	—	—
Organic sales growth	—	New“2% to 5%”	—	Narrowed“4% to 5%”	Raised“approximately 6%”	—	—	—
Organic sales growth	—	—	New“2% to 5%”	—	—	—	—	—
Organic sales growth excluding Bombardier agreement impact	—	New“1% to 4%”	Reiterated“1% to 4%”	Narrowed“3% to 4%”	Raised“approximately 5%”	—	—	—
Sales	—	—	New“$39.6 billion to $40.5 billion”	Raised“$40.8 billion to $41.3 billion”	Lowered“$40.7 billion to $40.9 billion”	—	—	—
Sales	—	New“$39.6 billion to $40.6 billion”	—	—	—	—	—	—
Sales reduction from Solstice Advanced Materials spin-off	—	—	—	—	New“$0.7 billion”	—	—	—
Solstice Advanced Materials Spin Date	—	—	—	New“Targeted for Fourth Quarter of 2025”	—	—	—	—
For FY2024
Adjusted earnings per share	New“$10.15 to $10.25”	—	—	—	—	—	—	—
Segment margin	New“23.4% to 23.5%”	—	—	—	—	—	—	—
Segment Margin Expansion	New“Down 10 - Flat bps”	—	—	—	—	—	—	—
Segment margin year over year change	New“flat to down 10 basis points”	—	—	—	—	—	—	—
Expansion	New“Down 10 - Flat bps”	—	—	—	—	—	—	—
Free cash flow	New“$5.1 billion to $5.4 billion”	—	—	—	—	—	—	—
Operating cash flow	New“$6.2 billion to $6.5 billion”	—	—	—	—	—	—	—
Organic sales growth	New“3% to 4%”	—	—	—	—	—	—	—
Sales	New“$38.6 billion to $38.8 billion”	—	—	—	—	—	—	—
No period stated
Adjusted Earnings Growth	—	New“2% - 6%”	Narrowed“3% - 6%”	—	—	Raised“6% - 9%”	Reiterated“6% - 9%”	Raised“25% - 29%”
Adjusted Earnings Per Share	—	New“$10.10 - $10.50”	Narrowed“$10.20 - $10.50”	Raised“$10.45 - $10.65”	Raised“$10.60 - $10.70”	—	Lowered“$10.35 - $10.65”	Lowered“$8.05 - $8.35”
Segment Margin	—	New“23.2% - 23.6%”	Narrowed“23.2% - 23.5%”	Lowered“23.0% - 23.2%”	Lowered“22.9% - 23.0%”	Widened“22.7% - 23.1%”	Reiterated“22.7% - 23.1%”	Lowered“20.1% - 20.5%”
Expansion	—	—	—	—	New“Up 30 - 40 bps”	Widened“Up 20 - 60 bps”	Reiterated“Up 20 - 60 bps”	Raised“Up 250 - 290 bps”
Free Cash Flow	—	New“$5.4B - $5.8B”	Reiterated“$5.4B - $5.8B”	Reiterated“$5.4B - $5.8B”	Lowered“$5.2B - $5.6B”	Narrowed“$5.3B - $5.6B”	Reiterated“$5.3B - $5.6B”	Lowered“~$2.0B”
Honeywell Aerospace Spin-Off Timing	—	—	—	—	—	New“Now Expected in Third Quarter 2026”	—	—
Operating Cash Flow	—	New“$6.7B - $7.1B”	Reiterated“$6.7B - $7.1B”	Reiterated“$6.7B - $7.1B”	Lowered“$6.4B - $6.8B”	Lowered“$4.7B - $5.0B”	Lowered“$4.4B - $4.7B”	Lowered“~$2.1B”
Organic Growth	—	New“2% - 5%”	Reiterated“2% - 5%”	Narrowed“4% - 5%”	Raised“~6%”	Lowered“3% - 6%”	Reiterated“3% - 6%”	Narrowed“3% - 4%”
Sales	—	New“$39.6B - $40.6B”	Narrowed“$39.6B - $40.5B”	Raised“$40.8B - $41.3B”	Lowered“$40.7B - $40.9B”	Lowered“$38.8B - $39.8B”	Reiterated“$38.8B - $39.8B”	Lowered“$19.8B - $20.0B”

Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.