Honeywell Aerospace reports third quarter results; updates 2026 outlook
Key Highlights
- ➤2026 EPS guidance raised to $7.85-$8.00 from $7.60-$7.90
- ➤Second-half free cash flow guidance raised to $1.2B-$1.4B
- ➤Third-quarter sales $4.644B, up 2%; adjusted EBIT $1.161B, up 1%
- ➤Backlog reached $19.324B, up 12%, while trailing-twelve-month orders rose 9%
- ➤Board declared inaugural quarterly dividend of $0.40 per share
Expert Statements
Jim Currier, Chief Executive Officer of Honeywell Aerospace
“Honeywell Aerospace delivered results above our expectations in its first quarter as a standalone company, increasing sales and adjusted EBIT sequentially and year over year as we accelerate investments to drive greater output and better serve our customers. Demand for our solutions remains robust with 9% orders growth over the last 12 months”
Jim Currier, Chief Executive Officer of Honeywell Aerospace
“We are seeing encouraging signs from pacing suppliers as we deepen our commitment to enduring partnerships. This progress, combined with ongoing qualification of additional material sources, positions us for higher sales and output growth in 2027 and beyond.”
Jim Currier, Chief Executive Officer of Honeywell Aerospace
“The Board's decision to declare a regular dividend underscores the visibility into our durable free cash flow growth in the years ahead. Paying a competitive, growing dividend is a key component of our capital allocation strategy designed to deliver substantial shareholder value while maintaining financial flexibility and a strong investment-grade credit rating.”
Honeywell Aerospace reports third quarter results; updates 2026 outlook PR Newswire
* Sales of $4.6 billion, reported and organic(1 )sales up 2% year over year * Net income of $0.7 billion; adjusted EBIT(1) of $1.2 billion, up 1% despite incremental standalone costs * Raises full-year pro forma standalone adjusted earnings per share(1) and second half free cash flow(1) guidance * Board declares inaugural quarterly dividend payment of $0.40 per share on the company's common stock PHOENIX, Oct. 28, 2026 /PRNewswire/ -- Honeywell Aerospace (Nasdaq: HONA) today announced results for the third quarter and declared its first quarterly dividend. The company also raised its full-year 2026 pro forma standalone adjusted earnings per share(1) and second half 2026 free cash flow(1) guidance ranges, maintained its full-year organic(1) sales outlook, and narrowed its full-year pro forma standalone adjusted EBIT(1) guidance range.
Get started
Create a free account to read the full story.