Honeywell International Inc. has reported its financial results for the first quarter of 2025, showing solid performance that meets market expectations. The company has also provided updated guidance for the year.
Q1 2025 Financial Results
Honeywell International Inc. (HON) reported its financial performance for Q1 2025, achieving revenues of $9.82 billion, an 8% increase year-over-year. This result aligns closely with market expectations, which anticipated $9.6 billion. The earnings per share (EPS) stood at $2.22, with adjusted EPS at $2.51, surpassing the expected $2.21.
Segment Analysis
When comparing current performance with the previous year’s Q1 results, Honeywell’s sales growth is evident. Segment profit increased by 8% to $2.26 billion, and segment margin remained stable at 23.0%. Operating income also saw a positive trend, rising by 6% to $1.97 billion. However, the operating income margin saw a slight decline of 30 basis points to 20.1%. The Aerospace Technologies division led growth with a 14% increase in sales to $4.17 billion.
Honeywell's Updated Guidance for 2025
Looking ahead, Honeywell has provided updated guidance for the full year 2025. The company slightly adjusted its sales forecast to a range of $39.6 billion to $40.5 billion. The expected organic growth remains unchanged at 2% to 5%. In terms of profitability, Honeywell anticipates adjusted earnings per share to be between $10.20 and $10.50, a slight increase from the previous lower bound of $10.10.
Overall, Honeywell's updated guidance reflects a balanced approach, considering both opportunities and challenges in the current economic landscape.
