Honeywell International Inc.
Honeywell International Inc. Q2 FY26 Results — Earnings Call Analysis
Q2 FY26 earnings call: what management said on revenue, margins and capex.
What the Q2 FY26 call signalled
2 of 4 strong
The short version
- Full-year organic growth outlook maintained at 3% to 6%, despite temporary Q1 headwinds. - Full year organic growth outlook maintained at 3% to 6%, driven by Building Automation strength and recovery in Industrial Automation and Aerospace.
From Honeywell International Inc.'s Q2 FY26 earnings-call transcript · updated 29 May 2026.
Revenue & Sales Performance
- Full-year organic growth outlook maintained at 3% to 6%, despite temporary Q1 headwinds.
- Building Automation expected to continue strong growth, with sustained demand and new product momentum.
- Industrial Automation projected to recover in Europe and China, trending towards low single-digit growth in the second half.
- Process Automation Technology sales expected roughly flat for the year, with strong second-half ramp supported by robust backlog and LNG-related projects.
- Aerospace guided for high single-digit organic sales growth, with improvement in supply chain and ramping production rates.
- Order momentum remains broad-based with 7% organic order growth in Q1 and strong backlog supporting second half acceleration.
2 more points from Honeywell International Inc.'s call on revenue
Create a free account to keep reading this call
Profitability & Margins
See what Honeywell International Inc. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Honeywell has invested more than $1 billion over the past 3 years to expand capacity and resiliency of its Aerospace supply chain.
- In 2026, elevated spending will continue to onboard new suppliers, develop internal capabilities, and assist supply partners with engineering and operations.
- The Electronic Solutions segment is investing in new capacity to meet accelerating defense requirements.
- Honeywell is actively working on acquisitions and portfolio transformations, such as amending the agreement to acquire Johnson Matthey's Catalyst Technologies business (closing expected by end of July).
- The company is investing in new product introductions (NPI) which are starting to hit the market, aiding Industrial Automation share recovery.
2 more points from Honeywell International Inc.'s call on capex
Create a free account to keep reading this call
Fundraising & Capital Structure
See what Honeywell International Inc. said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Process Automation Technology (PA&T) backlog increased 22%, showing robust order growth despite near-term disruptions.
- LNG vertical projects expected to be awarded in Q2, supporting a strong second half ramp.
- Aerospace backlog is roughly $19 billion, a 20% increase year-over-year, driven by strong demand across commercial OE, aftermarket, and defense.
- Aerospace book-to-bill ratio stands at 1.1 in Q1, indicating continued orders growth (28% over last 12 months).
- Building Automation orders grew 9%, led by strong project demand and new products.
- Industrial Automation orders increased 10%, broad-based across long and short cycle.
2 more points from Honeywell International Inc.'s call on order book
Create a free account to keep reading this call
Potential multibaggers · Q2 FY27
This quarter's potential multibaggers
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Arthneeti Pro · Annual
Honeywell International Inc. and 15K+ more earnings calls,
for less than your morning chai
a day
Every earnings call, ranking and concall Q&A across all four results seasons.
Secure Razorpay payment · instant access
Frequently Asked Questions
What were Honeywell International Inc. Q2 FY26 results?
- Full-year organic growth outlook maintained at 3% to 6%, despite temporary Q1 headwinds. - Full year organic growth outlook maintained at 3% to 6%, driven by Building Automation strength and recovery in Industrial Automation and Aerospace.
What is Honeywell International Inc. share price analysis?
Honeywell International Inc. currently shows a neutral. The stock trades at a P/E of 37.0 with a market cap of $147,641. Investors should review the full earnings analysis for detailed insights.
Is Honeywell International Inc. planning capital expenditure?
- Honeywell has invested more than $1 billion over the past 3 years to expand capacity and resiliency of its Aerospace supply chain.
Keep Honeywell International Inc. on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.