Summary
Honeywell International Inc. reported a solid performance in 2025, driven by broad-based growth across its business segments and strategic portfolio actions. The company achieved an 8% increase in sales, reaching $37.4 billion, with its Aerospace Technologies segment delivering a third consecutive year of double-digit growth. Honeywell's strategic focus on portfolio optimization was evident through the spin-off of its Advanced Materials business and the acquisition of Sundyne. The company also announced its intent to separate its Aerospace Technologies business into an independent entity, a move expected to be completed in the third quarter of 2026. Financially, Honeywell demonstrated strong operational cash flow generation and continued its commitment to capital deployment through share repurchases and dividend increases. The company's robust backlog of $37.5 billion provides a strong foundation for future growth. Despite macroeconomic headwinds such as inflation and supply chain disruptions, Honeywell's mitigation strategies proved effective, allowing it to navigate these challenges while focusing on long-term shareowner value.
Key Highlights
- 1Total sales increased by 8% to $37.4 billion in 2025.
- 2Aerospace Technologies segment achieved double-digit growth for the third consecutive year.
- 3Completed the spin-off of the Advanced Materials business into Solstice Advanced Materials, Inc.
- 4Acquired Sundyne for $2.2 billion and announced an agreement to acquire Johnson Matthey's Catalyst Technologies business.
- 5Announced plans to separate Honeywell Aerospace into an independent company, expected in Q3 2026.
- 6Maintained a strong backlog of $37.5 billion as of December 31, 2025.
- 7Returned $10.0 billion to shareholders in 2025 through capital expenditures, dividends, share repurchases, and M&A.