Current Assets
Work in process
Honeywell International Work in process increased by 2.2% to $1.23B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $1.40B to $1.23B. Over 5 years (FY 2020 to FY 2025), Work in process shows an upward trend with a 8.6% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2015
Last reportedQ1 2026Apr 23, 2026
Parent metricInventories
How to read this metric
An increase may signal production delays or rising demand, while a decrease suggests faster throughput or lower production volume.
Detailed definition
Represents the value of raw materials and labor currently undergoing the manufacturing process but not yet ready for sal...
Peer comparison
Varies significantly by manufacturing cycle length; peers in aerospace and industrial sectors typically maintain higher levels than consumer goods companies.
Metric ID:
inv_work_in_progressHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $801.00M | $848.00M | $861.00M | $958.00M | $1.00B | $1.04B | $1.05B | $1.16B | $1.21B | $1.25B | $1.22B | $1.31B | $1.27B | $1.28B | $1.15B | $1.40B | $1.41B | $1.41B | $1.20B | $1.23B |
| QoQ Change | — | +5.9% | +1.5% | +11.3% | +4.7% | +3.8% | +0.8% | +10.7% | +3.8% | +3.6% | -2.5% | +8.0% | -3.5% | +0.6% | -9.6% | +21.1% | +0.9% | +0.2% | -14.8% | +2.2% |
| YoY Change | — | — | — | — | +25.2% | +22.8% | +21.8% | +21.2% | +20.1% | +19.9% | +16.0% | +13.2% | +5.2% | +2.2% | -5.3% | +6.2% | +11.1% | +10.7% | +4.3% | -11.9% |
| % of Inventories | 17.0% | 17.1% | 16.8% | 17.5% | 18.0% | 18.9% | 18.9% | 20.1% | 20.5% | 20.8% | 19.7% | 20.8% | 20.1% | 20.1% | 19.6% | 21.1% | 20.1% | 19.8% | 19.5% | 19.3% |
| Share Change | — | +0.1pp | -0.3pp | +0.7pp | +0.5pp | +0.9pp | +0.0pp | +1.2pp | +0.4pp | +0.3pp | -1.1pp | +1.1pp | -0.7pp | +0.1pp | -0.5pp | +1.5pp | -1.0pp | -0.3pp | -0.3pp | -0.2pp |
Range$801.00M – $1.41B
CAGR+9.4%
Avg YoY Growth+11.4%
Median YoY Growth+12.1%
Work in process at Other Companies
Frequently Asked Questions
- What is Honeywell International's work in process?
- Honeywell International (HON) reported work in process of $1.23B in Q1 2026.
- How has Honeywell International's work in process changed year-over-year?
- Honeywell International's work in process decreased by 11.9% year-over-year, from $1.40B to $1.23B.
- What is the long-term trend for Honeywell International's work in process?
- Over 5 years (2020 to 2025), Honeywell International's work in process has grown at a 8.6% compound annual growth rate (CAGR), from $798.00M to $1.20B.
- What does work in process mean?
- The value of goods currently being manufactured but not yet finished.