Honeywell Statistics By Market Size, Net Sales, Income, Revenue And Debt

Introduction

Honeywell Statistics: Honeywell is a multinational American company headquartered in North Carolina, United States. The company operates in four major business areas: aerospace, building automation, performance technologies, and safety products. It is well-established and consistently ranked among the Fortune 500 companies. Reviewing Honeywell statistics can garner essential information about the company’s success and how it fares among its competitors.

By gaining essential information about the company, one will have a broad idea of how the business operates and functions and how it can fare in the future.

Editor’s Choice

Honeywell statistics show it is the world’s 4th largest conglomerate with a USD 132 million market value.
As per the global automation market, the industry is expected to have a market value of USD 265 billion by the end of 2025.
The UOP component of Honeywell generated revenue of USD 2,404 million in 2022.
Honeywell is the world’s 7th largest automation company, with revenue of USD 3.59 billion.
The sustainability initiatives of Honeywell are expected to ensure that the company’s USD 18 revenue by the end of 2024 is contributed by it.

Worlds Largest Conglomerates

World's Largest Conglomerates As Of May 5, 2023, Based On Market Value

(Reference: Statista.com)

Honeywell statistics reveal that it ranks among the top conglomerates in the world.
Reliance Industries has emerged as the world’s largest conglomerate, with a market value of $189.19 billion in 2023.
Danaher and Raytheon follow it with $178.9 billion and $141.12 billion as market values in 2023.
Honeywell is the world’s 4th largest conglomerate, with a market value of $132.08 million.

Industrial Automation Market Size

Size Of The Global Industrial Automation Market From 2020 To 2025

(Reference: Statista.com)

Honeywell is one of the pioneers in the industrial automation market, and hence, it becomes essential to discuss how it played a significant role in the industrial automation sector’s growth.
According to Honeywell statistics, the global automation market was relatively small, at $175 billion in 2020.
The automation market is predicted to reach $265 billion by 2025.

Leading Automation Vendors

Leading Automation Vendors Worldwide In 2020, Based On Revenue

(Reference: Statista.com)

Honeywell is a well-established name in the automation industry; it is essential to see how it fares among its competitors.
Based on Honeywell’s statistics, Siemens is the top company among automation vendors worldwide. It generated revenue of $12.03 billion.
It is followed by ABB, Emerson, Schneider Electric, Rockwell Automation, and Fortive, with $11.18 billion, $11 billion, $6.64 billion, $6.21 billion, and $3.77 billion revenue.
Honeywell is the world’s 7th largest automation company, with revenue of $3.59 billion.

Consutrctuoion And Engineering Brands

Value Of Most Valuable Engineering And Construction Brands Worldwide In 2022

(Reference: Statista.com)

There is significant competition in the engineering and construction industry.
Honeywell statistics reveal that CSCEC is the most valuable construction and engineering company, with a $27.4 million brand value.
It is followed by Siemens, General Electric, CRCC, CREGC, Bosch, Hitachi, and PowerChina with $22.4 million, $19.7 million, $19.7 million, $18.2 million, $17.1 million, $14.6 million, and $9.2 million brand value.
Honeywell is the world’s 9th largest engineering and construction company, with $9 million in revenue.

Net Sales Of Honeywell

Honeywell's Net Sales From FY 2011 To FY 2021

(Reference: Statista.com)

Honeywell statistics reveal that the company has witnessed fluctuations in overall sales in the past decade.
In 2011, the company posted net sales numbers of $36,529 million.
During the period (2011 – 2021), the company reached a peak revenue of $41,802 billion in 2018.
As of 2021, the company’s revenue was $34,392 million.

Honeywell Net Income

Net Income Attributable To Honeywell From FY 2015 To FY 2021

(Reference: Statista.com)

The net income attribute correctly indicates the company’s growth in recent years.
Honeywell statistics reveal that in recent years, the company’s net income was lower in 2017 at $1,545 million.
The company witnessed a significant growth in net income in 2018, with $6,765 million.
In 2021, the company posted a net income of $5,542 million.

Honeywell Total Assets

Honeywell's Total Assets From FY 2011 To FY 2021

(Reference: Statista.com)

Honeywell statistics reveal that the company’s net asset value considerably increased in the following years.
In 2011, Honeywell’s asset value was $39,808 million.
By the end of 2021, the asset value reach $64,470 million.
Between the period (2011 – 2021), revenue reached its highest level in 2020, with an asset value of $68,586 million.

Honeywell Research And Development

Honeywell's Research And Development Expenses From FY 2014 To FY 2021

(Reference: Statista.com)

The amount a company invests in research and development is a useful metric for evaluating its performance against the competition.
Based on Honeywell statistics, the company invested $1892 million in 2011, and revenue has dipped consistently since then.
As of 2021, Honeywell’s research and development investment was $1,333 million.

Honeywell Net Sales By Segment

Honeywell's Net Sales From FY 2018 To FY 2021, By Segment

(Reference: Statista.com)

Honeywell statistics reveal that the company’s sales can be broadly divided into four categories: aerospace, performance and building materials, safety and productivity tools, and building technologies.
Aerospace has consistently emerged as the highest-grossing segment in terms of net worth, with revenue of $11,026 million as of 2021.
Performance materials, safety solutions, and building technologies posted revenue of $10,013 million, $7,814 million, and $5,539 million, respectively.

Net Sales Of Honeywell By Region

Honeywell's net sales from FY 2018 to FY 2021, by region

(Reference: Statista.com)

The Honeywell net sales regions can be classified into the USA, Europe, and the rest of the world.
Honeywell statistics show that the United States remains the top region for sales; as of 2021, it generated $20,662 million.
Likewise, in Europe, the revenue generated was $6,800 million.
In the rest of the world, revenue generated $6,930 million.

Honeywell UOP Revenue

Revenue Of Honeywell UOP From FY 2012 To FY 2022

(Reference: Statista.com)

Universal Oil Products (UOP) is an essential component of the Honeywell corporation, and hence, it is necessary to study its revenue to understand the organization’s overall revenue properly.
Between the period (2012 – 2022), Honeywell attained a peak revenue in 2014 with $3,195 million.
Honeywell statistics show that UOP’s revenue in 2022 was $ 2,404 million.

Honeywell Backlog Information

Honeywell's Backlog From FY 2015 To FY 2021

(Reference: Statista.com)

One can attain important information about its efficiency by obtaining information about a company’s manufacturing backlog.
Honeywell statistics reveal that as of 2021, the company’s backlog was $27,682 million.
The company was most effective in 2016 when the backlog was $17,277 million.

List of Honeywell Products And Services

Honeywell is one of the most prominent organizations in the world and is known for its wide variety of products and services. It is essential to review the Honeywell Statistics to get a proper understanding of the company’s offerings.

Aerospace

Aspire 200 Satellite Communications System
Actuation Systems
Honeywell HTS900
Radio Management Unit (RMU)
Primus II Radio System
Automatic Identification System (AIS) / RF Receivers
HG1120 IMU
BendixKing
GoDirect Services
SmartRunway and SmartLanding
Honeywell RQ16 THawk
Primus Epic Radio System
Auxiliary Power Units (APUs)
Honeywell HTF7000
Turbochargers
Variable geometry turbochargers
Wagtail (missile) Discontinued early 1960s.
Garrett TPE331
GPS and Global Navigation System Sensor Units
RUR5 ASROC
Turbocharged petrol engines

Home and Building Technologies

Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)
Butterfly Valve & Actuator
Gas leak detectors
Ball Valve & Actuator
Fire Sprinkler Monitoring
Butterfly Valve & Actuator
Globe Valve & Actuator
Emergency Lighting
Fire Alarm Aspiration Sensing Technology™ (FAAST™)
Command and Control Suite
Digital Video Manager
ProWatch Security Management System
MAXPRO Cloud Alarm Monitor
Mechanical Balancing Valve
Thermostats
HUS (Honeywell Universal Surveillance)
Integrated Utility Tunnel Platform (IUT)
Water Purifiers
WINPAK software suite
Fire Protection Gas Suppression System
MAXPRO Video Management System
Integrated Utility Tunnel Platform (IUT)
Access Systems
Wiring Device
Mechanical Pressure Independent Control Valve
LobbyWorks Visitor Management Suite
Electrical Submeter
Smoke detectors
Biometric Readers
Fire IOT Platform
Enterprise Buildings Integrator
Honeywell WEBs N4 Niagara
Circuit Protection
Electrical Balancing Valve Kombi Series
ONYX® Series Intelligent Fire Systems
Comfort Point Open
eVance Facility Manager
Butterfly Valve & Actuator
Fire Protection Gas Suppression System
Damper Actuator (or DCA)
Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)
Air Purifiers
Honeywell Pulse for Connected Buildings
Honeywell WEBsEXP (Energy Expert)
Specialty Detection – Flame, Beam, CO, Thermal Sensing Cable
Electrical Balancing Valve Kombi Series
Honeywell Vector Occupant App
Notifications – Horn, Strobe, Speaker
Honeywell Public Address and Voice Alarm (PAVA) products
Outcome Based Service
Honeywell Guest Room Control
Honeywell SymmetrE
Variable Air Volume (VAV) Controller, Wall Module and Box
Warehouse Automation
equIP Camera Series
Honeywell’s Smart Home Security Starter Kit
Pneumatic Control Valve
Water Purifiers
Building Operation Expert (BOE)
Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)
Warehouse Automation
Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)
Wiring Device
Fire Protection Gas Suppression System
MAXPRO Cloud Alarm Monitor
Wiring Device
Honeywell Excel Series
Air Purifiers
Access Systems
Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)
equIP Camera Series
Gas leak detectors
Butterfly Valve & Actuator
Digital Video Manager
Circuit Protection
Enterprise Buildings Integrator
Wiring Device
Air Purifiers
Fire Alarm Aspiration Sensing Technology™ (FAAST™)
Fire Alarm Aspiration Sensing Technology™ (FAAST™)
Thermostats
Butterfly Valve & Actuator
Water Purifiers
Variable Frequency Drive (VFD)
Access Systems
WINPAK software suite
Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)
Warehouse Automation
Wiring Device
Sensors (Temperature, Humidity, T/H, CO, CO2, DPS, Flow)

Safety and Productivity Solutions

Gas detection
Industrial printers
Hand Protection
Intermec Products
Automated material handling solutions
Howard Leight hearing protection
RFID technology
Honeywell AIDC products
Eye, face, and hearing protection
Controls and monitors
Electrical safety products
Head Protection
Professional Footwear
Print media
Honeywell Voice Maintenance & Inspection
Oliver safety boots
Voicedirected software solutions
Fall Protection
Gas detection systems
Respiratory systems
Barcode scanners and readers
Test and measurement products
Electrical safety products
LockoutTagout
First Aid
Hand Protection
Honeywell Integrated
First Responder Gear
Industrial handheld computers
Switches
Honeywell Voice Maintenance & Inspection

Performance Materials and Technologies

Spectra Shield
Solstice
Honeywell Connected Plant
Experion PKS

(Source: wikipedia.org)

Honeywell Market Value

Honeywell-International-Inc.-Market-Value

(Source: google.com)

The share market value of an organization provides a perfect metric for evaluating its performance and how it is perceived by its competitors.
Honeywell statistics reveal that as of August 2024, the company’s stock value is $ 205.
In the past 30 years, the company’s stock market value peaked at $221.32 in 2021.

Honeywell’s Performance Among Competitors

hon-competitors-return-on-assets-roa

(Reference: financecharts.com)

Gaining information about how the company is faring among competitors provides a holistic view of its future.
Honeywell statistics reveal it has 2nd highest market cap of $133 billion.
Only Siemens has a higher market cap of $146 billion among its competitors.

Honeywell’s Return On Assets

(Reference: financecharts.com)

By gaining information about the return on assets, one can understand how the company is expected to perform in the coming years.
Honeywell statistics show that the company’s peak return on assets was in 2019 at 11.72%.
In contrast, the lowest revenue from investment was generated at 2.84% in 2018.

Honeywell market capitalization

HON Market Cap Chart

(Source: financecharts.com)

It is interesting to witness the market capitalization value of Honeywell and learn how the company is faring.
Honeywell statistics show that as of August 2024, the market capitalization was $133 billion.
In the past 20 years, the company’s capitalization was at an all-time low of around $85 billion in 2020.
The company’s highest market capitalization was in 2021 at almost $158 billion.

Honeywell’s Debt Information

HON Total Debt Chart

(Source: financecharts.com)

By learning about Honeywell's debt information, we can understand how the company is expected to perform in the next 510 years.
Honeywell statistics reveal that the company's debt is consistently increasing, leading to a current debt value of almost $28 billion.
In 2020, the company saw a significant dip in its debt, a little over $16 billion.

Honeywell Overview

Honeywell's sales are anticipated to reach $37.2 billion US dollars in 2024, primarily due to the robust demand for energy-efficient technology, automation, and building solutions. The company's aerospace segment is predicted to rise by 4.5% as defense contracts and commercial air transport enjoy global recovery. According to Honeywell's 2024 statistics, the increased demand for energy management systems and intelligent building solutions will drive a 5% increase in the company's building technologies division, creating over $5 billion in revenue in the US.
In several sectors, including performance materials, building technology, safety solutions, and aeronautics, Honeywell is a significant player. Honeywell's overall sales in 2023 were approximately $35.6 billion US dollars, with the aerospace industry accounting for over 40% of the company's total revenue. This increase demonstrates Honeywell's competence in cutting-edge technology and worldwide demand. According to Honeywell figures, a sizeable amount of the company's revenue for 2023—roughly $11.2 billion US—was earned by its performance materials and technologies business.
The secret to Honeywell's success is its global reach. Approximately 55% of its sales in 2023 came from the North American market, with 20% coming from Europe and 15% from the Asia-Pacific region. Due to its diverse portfolio, the company can gain market share across several geographical areas. Honeywell intends to increase its presence in emerging areas by 2024, with growth in Asia-Pacific accounting for 18% of overall revenue.
The company's emphasis on sustainability is starting to play a significant role in its expansion. Due to tighter environmental restrictions, Honeywell's energy solutions and green technology offerings are becoming increasingly popular, particularly in North America and Europe. According to projections, Honeywell's sustainability activities accounted for 15% of its income in 2023 and are expected to increase to 18% by 2024.

Conclusion

Honeywell has emerged as a popular player in the global market. With a market value of over $130 million, the company is the 4th largest business conglomerate. In recent years, the company has demonstrated resilience and growth in the face of calamities and external factors. Honeywell statistics reveal that the company is committed to providing innovative ideas for business, as shown by $1,333 million in revenue in 2021.

As Honeywell goes through a consistently evolving market, it is interesting to see how the company will go in the future. However, the company's strong fundamentals ensure that it will remain a beacon of innovation.

Sources

Statista

FAQ.

What are Honeywell’s main business areas?

Aerospace, building automation, performance technologies, and safety products.

How does Honeywell rank among global conglomerates?

Honeywell is the world’s 4th largest conglomerate with a market value of $132.08 million.

What is Honeywell’s highestgrossing segment?

Aerospace consistently emerges as the highestgrossing segment, with over $11 million in revenue in 2021.

How much did Honeywell invest in research and development in 2021?

Honeywell invested $1,333 million in research and development in 2021.

What is Honeywell’s market capitalization as of August 2024?

Honeywell’s market capitalization is $133 billion as of August 2024.

Joseph D'Souza

Joseph D'Souza founded Smartphone Thoughts in 2003 as a personal project to share his insights and experiences with tech gadgets. Over time, it has grown into a well-regarded tech blog, known for its in-depth smartphone reviews and app-related statistics. Joseph is dedicated to providing detailed, well-researched content, including statistics, facts, charts, and graphs, all verified by experts. His goal is to make technological innovations and scientific discoveries easy to understand for everyone. Smartphone Thoughts is now a top source for tech news, appreciated by both tech enthusiasts and beginners.