Key facts
- Honeywell reaffirmed its full-year 2026 adjusted profit forecast of $10.35-$10.65 per share.
- Honeywell reaffirmed its full-year 2026 revenue forecast of $38.8 billion to $39.8 billion.
- The company's aerospace business is set to spin off as a standalone entity on June 29.
- Honeywell Technologies, the remaining automation business, expects 2026 adjusted profit of $3.95-$4.15 per share and revenue of $19.9B-$20.2B.
- Honeywell Technologies anticipates approximately $2 billion in annual free cash flow.
Honeywell reaffirmed its annual adjusted profit and sales forecast for 2026, projecting earnings between $10.35 and $10.65 per share and revenue of $38.8 billion to $39.8 billion. This comes ahead of the planned June 29 spinoff of its aerospace business, which will operate as HONA. The remaining automation business will be known as Honeywell Technologies and continue to trade as HON, with its own 2026 adjusted profit forecast of $3.95 to $4.15 per share and revenue between $19.9 billion and $20.2 billion. Honeywell Technologies also expects about $2 billion in annual free cash flow. CEO Vimal Kapur expressed high conviction that geopolitical conflicts would not negatively impact the second half of 2026, potentially becoming a tailwind due to increased spending on energy security and reconstruction. The company previously spun off its advanced materials unit into Solstice Advanced Materials in October 2025.