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Honeywell International HON Restructuring Reserve

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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$78.64B-43.5%
Enterprise value$104.9B-37.0%
P/E9.6×-14.8×
P/S2.1×-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 us-gaap:RestructuringReserve.

The source filing: Honeywell International’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 9:41 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000773840-26-000124
Line itemSeverance CostsAsset ImpairmentsExit CostsTotal
Balance at December 31, 2025$170$2$172
Charges435226121
Usage—cash(64)(27)(91)
Usage—noncash(52)(52)
Foreign currency translation11
Adjustments(7)(7)
Balance at June 30, 2026$143$1$144

Item 1F. Financial Statements and Supplementary Data (unaudited):

FAQ

What is Honeywell International's restructuring reserve?
Honeywell International (HON) reported restructuring reserve of $144M in Q2 2026.
How has Honeywell International's restructuring reserve changed year-over-year?
Honeywell International's restructuring reserve increased by 10.8% year-over-year, from $130M to $144M.
What is the long-term trend for Honeywell International's restructuring reserve?
Over 5 years (2020 to 2025), Honeywell International's restructuring reserve has grown at a -22.1% compound annual growth rate (CAGR), from $601M to $172M.
What does restructuring reserve mean?
This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

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