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Honeywell International HON Capitalized Research and Development Assets

Capitalized Research and Development Assets at other companies

ESP
ESPRESPR
$26.13M-31.0%
IBT
IbottaIBTA
$22.65M-42.0%
Parker-Hannifin logo
Parker-HannifinPH
$172M+17.8%
Mineralys Therapeutics, Inc. logo
Mineralys Therapeutics, Inc.MLYS
$39.94M-11.2%
Rigel Pharmaceuticals logo
Rigel PharmaceuticalsRIGL
$5.17M-73.7%
GoPro logo
GoProGPRO
$19.7M-75.5%

Other financials

Income statement

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Revenue$9.7B+4.3%
Gross profit$3.7B-0.3%
Net income$5.7B+262%
EPS (diluted)$17.83+264%

Balance sheet

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Cash & equivalents$8.8B-15.4%
Total debt$35.0B-7.3%
Total equity$18.5B+15.2%
Total assets$77.3B-1.4%

Cash flow

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Operating cash flow$1.3B-3.3%
CapEx$315.0M+39.4%
Free cash flow$961.0M-12.1%

Valuation

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Market cap$76.99B-44.0%
Enterprise value$103.26B-37.4%
P/E9.4×-14.7×
P/S-1.8×

Profitability

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Gross margin32.2%-1.9pp
Net margin21.6%+5.8pp
FCF margin10.5%-4.4pp

Returns & leverage

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Return on equity47.4%+12.8pp
Debt / equity1.9×-0.5×
Current ratio1.2×-0.1×

Where this comes from

Reported directly by Honeywell International in its filing.

Tagged under the XBRL concept hon:DeferredTaxAssetCapitalizedResearchAndDevelopment.

The source filing: Honeywell International’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 6:07 AM EST
Fiscal year
FY2025
Accession
0000773840-26-000013
Deferred tax assetsDecember 31, 2025December 31, 2024
Postretirement benefits other than pensions$45$50
Asbestos and environmental189373
Capitalized research and development917946
Employee compensation and benefits104130
Lease liabilities212228
Other accruals and reserves389375
Net operating losses650618
Capital loss carryover and outside basis differences544467

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FAQ

What is Honeywell International's capitalized research and development assets?
Honeywell International (HON) reported capitalized research and development assets of $917M in Q4 2025.
What does capitalized research and development assets mean?
These are research and development costs that meet specific criteria for capitalization rather than being expensed as incurred. This reflects long-term investments in product innovation and intellectual property development. It represents the value of R&D projects expected to provide future economic benefits.

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