Non-Current Assets

Indefinite-Lived Research and Development Assets

Honeywell International Indefinite-Lived Research and Development Assets decreased by 2.0% to $386.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.1%, from $439.00M to $386.00M. Over 5 years (FY 2020 to FY 2025), Indefinite-Lived Research and Development Assets shows a downward trend with a -17.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026Apr 23, 2026

How to read this metric

An increase indicates aggressive investment in external innovation, while a decrease may signal project completion, commercialization, or impairment charges.

Detailed definition

This represents the value of acquired in-process research and development (IPR&D) projects that have not yet reached com...

Peer comparison

Common in pharmaceutical and medical device sectors where M&A is a primary driver of R&D pipelines.

Metric ID: indefinite_lived_rd_assets

Historical Data

12 periods
 Q4 '21Q4 '22Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.01B$953.00M$971.00M$971.00M$971.00M$440.00M$414.00M$439.00M$430.00M$426.00M$394.00M$386.00M
QoQ Change-6.0%+1.9%+0.0%+0.0%-54.7%-5.9%+6.0%-2.1%-0.9%-7.5%-2.0%
YoY Change-6.0%+1.9%-57.4%-54.8%-55.7%-3.2%-4.8%-12.1%
Range$386.00M$1.01B
CAGR-29.6%
Avg YoY Growth-24.0%
Median YoY Growth-9.0%
Current Streak4 quarters decline

Frequently Asked Questions

What is Honeywell International's indefinite-lived research and development assets?
Honeywell International (HON) reported indefinite-lived research and development assets of $386.00M in Q1 2026.
How has Honeywell International's indefinite-lived research and development assets changed year-over-year?
Honeywell International's indefinite-lived research and development assets decreased by 12.1% year-over-year, from $439.00M to $386.00M.
What is the long-term trend for Honeywell International's indefinite-lived research and development assets?
Over 5 years (2020 to 2025), Honeywell International's indefinite-lived research and development assets has grown at a -17.7% compound annual growth rate (CAGR), from $1.05B to $394.00M.
What does indefinite-lived research and development assets mean?
The value of ongoing research projects acquired from other companies that are not yet ready for sale.