Honeywell International Inc. (HON)

Valuation as at 2026-08-29 · see also the S&P 500 Most Undervalued screen

About Honeywell International Inc.

Honeywell International Inc. engages in the industrial automation, building automation, and energy and sustainability solutions businesses in the United States, Europe, and internationally. The Industrial Automation segment provides automation control and instrumentation products and services; smart energy products; sensing technologies, including custom-engineered sensors and related services; gas detection technologies and personal protective equipment; and system design automation equipment, as well as software and analytics for manufacturing, distribution, and fulfillment operations.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Honeywell International Inc. HON

Industrials · Conglomerates

Price
$217.43
Market Cap
$68.91B
Free Cash Flow
$2.61B
Beta
0.92
P/E (TTM)
8.4x
52-Week Range
$195.87–$260.28

Honeywell International Inc.'s price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-29

Share price · last 2 years

$220.39 +7% vs 2024-08
S&P 500 $205.51$221.14$230.20$201.56$224.78$220.39 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

$17.83 +264% vs Q2 '25
$4.90$5.72$0.92$2.58$17.83Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per quarter

$0.96B -12% vs Q2 '25
$1.09B$2.78B$1.15B-$0.87B$0.96BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share Per quarter

$2.50 +7% vs Q2 '25
$2.33$2.30$2.39$2.45$2.50Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Value investing scale · Buffett · Dalio · Graham

Strong Fit
13 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for HON →

🏛️ Holding company / conglomerate — a 15% discount has been applied to the intrinsic values below, reflecting typically less efficient capital allocation and reduced transparency across diversified business lines (not a per-segment valuation — Yahoo doesn't expose segment-level financials).

Intrinsic value estimate · 5-year forecast

BEAR
$98.43
vs current $217.43
-54.7% ❌ Overvalued
BASE
$256.29
vs current $217.43
+17.9% ⚠️ Fairly Valued
BULL
$417.03
vs current $217.43
+91.8% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
$2.61B
Reported free cash flow (Yahoo)
Risk-free rate
4.67% ● LIVE
Live 10-yr govt bond
Beta
0.92
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
5.97%
Synthetic rating A-, ICR 4.9x
Tax rate
25.00%
Estimated default
Capital structure
E 66% / D 34%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth12.5%25.0%30.0%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)8.96%7.96%6.96%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.67% + 0.92 × 5.50% = 9.72% · WACC = weighted by 66%/34% capital structure

These numbers come from running Honeywell International Inc.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or HON's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with HON →

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Honeywell International Inc. (HON) undervalued?

The Base-case DCF estimates intrinsic value at $256.29 vs a price of $217.43 on 2026-08-29 — a +17.9% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.