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Honeywell International HON Net debt / EBITDA

Net debt / EBITDA at other companies

Curtiss-Wright logo
Curtiss-WrightCW
-0.3×
Emerson Electric logo
Emerson ElectricEMR
1.3×-0.3×
General Electric logo
General ElectricGE
-1×-1.8×
3M logo
3MMMM
1.3×+0.2×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
2.5×+1.0×
Parker-Hannifin logo
Parker-HannifinPH
1.9×+0.3×

Other financials

Income statement

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Revenue$9.1B+2.4%
Gross profit$3.5B+2.2%
Net income$821.0M-43.3%
EPS (diluted)$1.29-41.9%

Balance sheet

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Cash & equivalents$12.0B+24.0%
Total debt$37.8B+10.8%
Total equity$13.6B-22.2%
Total assets$74.0B-1.6%

Cash flow

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Operating cash flow-$650.0M-209%
CapEx$223.0M+17.4%
Free cash flow-$873.0M-315%

Valuation

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Market cap$144.86B+4.4%
Enterprise value$170.69B+4.6%
P/E35.3×+10.9×
P/S3.9×-0.1×

Profitability

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Gross margin30.8%-1.3pp
Net margin10.9%-5.2pp

Returns & leverage

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Return on equity26.4%-7.2pp
Debt / equity2.8×+0.8×
Current ratio1.4×+0.1×

Where this comes from

Calculated from Honeywell International’s reported figures.

Based on the most recent quarter.

The official record: Honeywell International’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Honeywell International's net debt / EBITDA?
Honeywell International (HON) reported net debt / EBITDA of 3.7× in Q1 2026.
How has Honeywell International's net debt / EBITDA changed year-over-year?
Honeywell International's net debt / EBITDA increased by 15.4% year-over-year, from 3.2× to 3.7×.
What is the long-term trend for Honeywell International's net debt / EBITDA?
Over 4 years (2021 to 2025), Honeywell International's net debt / EBITDA has grown at a 23.6% compound annual growth rate (CAGR), from 5.6× to 12.9×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.