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Honeywell traces its roots to 1885 with Albert Butz’s firm, Butz Thermo-Electric Regulator, which produced a predecessor to the modern thermostat. Other inventions by Honeywell include biodegradable detergent and autopilot. Today, Honeywell is a global multi-industry behemoth with one of the largest installed bases of equipment. It operates through four business segments: aerospace technologies (37% of 2023 company revenue), industrial automation (29%), energy and sustainability solutions (17%), and building automation (17%). Recently, Honeywell has made several portfolio changes to focus on fewer end markets and align with a set of secular growth trends. The firm is working diligently to expand its installed base, deriving around 30% of its revenue from recurring aftermarket services.
1985
102K+
LTM Revenue $38.9B
LTM EBITDA $9.6B
$157B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Honeywell has a last 12-month revenue of $38.9B and a last 12-month EBITDA of $9.6B.
In the most recent fiscal year, Honeywell achieved revenue of $38.5B and an EBITDA of $9.6B.
Honeywell expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Honeywell valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $36.7B | $38.5B | XXX | XXX | XXX |
| Gross Profit | $11.6B | $13.7B | XXX | XXX | XXX |
| Gross Margin | 32% | 36% | XXX | XXX | XXX |
| EBITDA | $9.1B | $9.6B | XXX | XXX | XXX |
| EBITDA Margin | 25% | 25% | XXX | XXX | XXX |
| Net Profit | $5.0B | $5.7B | XXX | XXX | XXX |
| Net Margin | 14% | 15% | XXX | XXX | XXX |
| Net Debt | $9.9B | $12.5B | XXX | XXX | XXX |
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As of March 17, 2025, Honeywell's stock price is $209.
Honeywell has current market cap of $136B, and EV of $157B.
See Honeywell trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $157B | $136B | XXX | XXX | XXX | XXX | $10.00 |
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Sign UpAs of March 17, 2025, Honeywell has market cap of $136B and EV of $157B.
Honeywell's trades at 4.0x LTM EV/Revenue multiple, and 16.3x LTM EBITDA.
Analysts estimate Honeywell's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Honeywell and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $157B | XXX | XXX | XXX |
| EV/Revenue | 4.1x | XXX | XXX | XXX |
| EV/EBITDA | 16.4x | XXX | XXX | XXX |
| P/E | 23.9x | XXX | XXX | XXX |
| P/E/Growth | 1.9x | XXX | XXX | XXX |
| EV/FCF | 31.9x | XXX | XXX | XXX |
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Sign UpHoneywell's NTM/LTM revenue growth is 5%
Honeywell's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Honeywell's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Honeywell's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Honeywell and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 5% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 25% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 6% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 30% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 18% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Alpha Dhabi | XXX | XXX | XXX | XXX | XXX | XXX |
| IHC | XXX | XXX | XXX | XXX | XXX | XXX |
| SGH | XXX | XXX | XXX | XXX | XXX | XXX |
| ABB India | XXX | XXX | XXX | XXX | XXX | XXX |
| Siemens India | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Honeywell acquired XXX companies to date.
Last acquisition by Honeywell was XXXXXXXX, XXXXX XXXXX XXXXXX . Honeywell acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Honeywell founded? | Honeywell was founded in 1985. |
| Where is Honeywell headquartered? | Honeywell is headquartered in United States of America. |
| How many employees does Honeywell have? | As of today, Honeywell has 102K+ employees. |
| Who is the CEO of Honeywell? | Honeywell's CEO is Mr. Kenneth P. West. |
| Is Honeywell publicy listed? | Yes, Honeywell is a public company listed on NAS. |
| What is the stock symbol of Honeywell? | Honeywell trades under HON ticker. |
| When did Honeywell go public? | Honeywell went public in 1929. |
| Who are competitors of Honeywell? | Similar companies to Honeywell include e.g. Alpha Dhabi, IHC, SGH, ABB India. |
| What is the current market cap of Honeywell? | Honeywell's current market cap is $136B |
| What is the current revenue of Honeywell? | Honeywell's last 12-month revenue is $38.9B. |
| What is the current EBITDA of Honeywell? | Honeywell's last 12-month EBITDA is $9.6B. |
| What is the current EV/Revenue multiple of Honeywell? | Current revenue multiple of Honeywell is 4.0x. |
| What is the current EV/EBITDA multiple of Honeywell? | Current EBITDA multiple of Honeywell is 16.3x. |
| What is the current revenue growth of Honeywell? | Honeywell revenue growth between 2023 and 2024 was 5%. |
| Is Honeywell profitable? | Yes, Honeywell is EBITDA-positive (as of the last 12 months). |
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