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Honeywell Technologies HON

Honeywell Technologies scores average on business quality (5.3 of 10). Here is why, in plain words, and what our sealed record shows.

Last price$207.73Oct 9, 2026
Business qualityAverage
Next earningsOct 22, 2026
Insiders, 90 daysSelling

Why it matters

  1. What Honeywell Technologies does

    Honeywell builds aerospace systems, building technologies, and industrial automation hardware, collecting revenue from global enterprises and airlines. Management is breaking the conglomerate into three pieces to unlock hidden value.

  2. What it does best

    Honeywell dominates industrial process controls, backed by a 19.3% operating margin that tops MMM's 20.4% baseline less on raw speed than entrenched factory integration.

  3. The main risk

    Net debt of $21.7B and an interest coverage ratio of 5.2x leave limited room for error if industrial demand softens further.

Quality, check by check

Scored against its own industry, from company filings.

ProfitabilityFair

Operating margin sits at 19.3% with an FCF margin of 47th percentile sector rank, getting compressed by rising structural costs.

MoatStrong

Switching costs lock in enterprise clients across heavy industrials, anchoring a top quartile ROE rank of 90th percentile.

GrowthSlow

Revenue grew 7.8% to $39.0B, marking a rebound from past stagnation seen in historical annual summaries.

Financial healthWeak

Debt-to-equity sits high at 2.2x alongside an interest coverage of 5.2x, while free cash flow of $4.1B shows softness getting softer.

Insiders

Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.

1 sold $4.2M outside pre-planned sales.

Our sealed record on HON

Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.

The first sealed verdicts appear here on Oct 11, 2026.

Questions

Is HON a good business?

Honeywell Technologies scores average on the Cluenex quality check (5.3 of 10), measured against its own industry. Profitability is fair, moat strong, growth slow and financial health weak.

Are insiders buying HON?

In the last 90 days of SEC Form 4 filings: 1 sold $4.2M outside pre-planned sales.

When does HON report earnings?

Oct 22, 2026.

For members

See HON today

  • Today's verdict on HON, and why
  • Fair value with cautious, base and optimistic cases
  • The exact price that would change the verdict
  • Which stocks each signal names, the night it fires
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Cite this page: Cluenex, “Honeywell Technologies (HON)”, https://cluenex.com/stocks/hon/, data as of Oct 10, 2026.