Honeywell International Inc.

HONNASDAQIndustrials● Active

$212.52

$-1.45(-0.68%)

Market Cap$134.7B

P/E Ratio—

52W High$248.18

52W Low$186.76

Avg Volume4.1M

Open$213.79

Beta0.84

Free Cash Flow Financials Revenue

Honeywell International Inc. (HON) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

HON · free cash flow · updated Jun 8, 2026

Core FCF metrics

HON · FCF · TTM · margin & CAGR

Free cash flow was $5.39B for FY2025 (fiscal year ending 2025-12-31), up 9.3% year-over-year The FCF margin was 14.4%. Five-year CAGR stands at +0.3%.

FY2025 Free Cash Flow$5.39B▲ +9.3% YoY

Trailing 12M (TTM)$4.17Btrailing 4 quarters sum

FCF Margin14.4%$5.39B ÷ revenue

3-Year CAGR+6.2%FY2022 → FY2025

5-Year CAGR+0.3%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

HON · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$6.38B(986M)$5.39B▲ +9.3%14.4%

FY2024$6.10B(1.16B)$4.93B▲ +14.7%14.2%

FY2023$5.34B(1.04B)$4.30B▼ 4.6%13.0%

FY2022$5.27B(766M)$4.51B▼ 12.3%12.7%

FY2021$6.04B(895M)$5.14B▼ 3.0%14.9%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

HON · P/FCF · FCF yield · FCF per share

Honeywell International Inc. (HON) trades at a FCF yield of 3.08% and a price-to-free-cash-flow ratio of 32.5x. FCF per share stands at $6.53, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

3.08%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.53

TTM FCF ÷ Shares Outstanding

Price / FCF

x32.5

Share Price ÷ FCF per Share

EV / FCF (TTM)

x37.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

HON · cash flow statement · operating / investing / financing

For FY2025, Honeywell International Inc. generated $6.38B in operating cash flow and spent 986M in capital expenditures, yielding $5.39B in free cash flow.

Operating Activities

+$6.38B

Cash from core business operations

2025-12-31

Investing Activities

−$2.71B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.95B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($6.38B) − |CapEx| (986M) = FCF ($5.39B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

HON vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Honeywell International Inc.YOU

HON

$5.39B+9.3%14.4%

52%

Union Pacific Corporation

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Honeywell International Inc. (HON) reported free cash flow of $5.39B for FY2025 (fiscal year ending 2025-12-31), up 9.3% year-over-year. The FCF margin was 14.4%.

Based on available data, Honeywell International Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $6.06B in FY2019. The 5-year CAGR stands at +0.3%.

Honeywell International Inc.'s FCF yield is 3.08% and price-to-FCF ratio is 32.5x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

HON free cash flow · 8 questions

Honeywell International Inc. free cash flow was $5.39B for FY2025, up 9.3% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $4.17B.

HON free cash flowHON FCFHON FCF 2025HON free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Honeywell International Inc. · Honeywell International Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026