Q3 25 EPS
$2.82
BEAT +9.87%
Est. $2.57
Q3 25 Revenue
$10.41B
BEAT +2.46%
Est. $10.16B
vs S&P Since Q3 25
-2.8%
TRAILING MARKET
HON +4.4% vs S&P +7.3%
Market Reaction
Did HON Beat Earnings? Q3 2025 Results
Honeywell delivered a standout third quarter, posting adjusted EPS of $2.82 and revenue of $10.41 billion that beat consensus estimates of $2.57 and $10.16 billion by 9.87% and 2.46%, respectively, with sales climbing 7.0% year over year. The headlin… Read more Honeywell delivered a standout third quarter, posting adjusted EPS of $2.82 and revenue of $10.41 billion that beat consensus estimates of $2.57 and $10.16 billion by 9.87% and 2.46%, respectively, with sales climbing 7.0% year over year. The headline driver was a resurgent Aerospace Technologies segment, which posted 12% organic growth fueled by a 19% surge in commercial aftermarket demand and a tenth consecutive quarter of double-digit defense and space expansion, pushing the division's sales to $4.51 billion. Orders company-wide jumped 22% year over year, lifting total backlog to a record high and signaling durable demand momentum heading into the portfolio restructuring. Building Automation was another bright spot, growing 7% organically with margin expanding 80 basis points to 26.7%. Encouraged by the broad-based strength, Honeywell raised its full-year 2025 adjusted EPS guidance to $10.60 to $10.70 and narrowed sales guidance to $40.70 billion to $40.90 billion, even as management absorbed a $0.21 per share dilution impact from the planned October 30 Solstice Advanced Materials spin-off.
Key Takeaways
- • Commercial aftermarket sales increased 19% year over year supported by ongoing supply chain unlock
- • Defense and space grew 10% year over year, seventh consecutive quarter of double-digit growth
- • Orders up 22%, pushing total backlog to record high
- • Building solutions led by continued gains in North America and the Middle East
- • Fire products delivered fourth consecutive quarter of double-digit growth
- • Sensing sales increased 6% on continued strength in healthcare sensors
- • Advanced materials grew 5% driven by strength in refrigerants
HON YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
HON Revenue by Segment
With YoY comparisons, source: SEC Filings
“As we progressed toward separating into three industry-leading public companies, we drove strong financial results and unlocked new value creation opportunities during the third quarter. Increased orders across our business segments pushed the company's total backlog to another record high and reinforced the benefit of the new, innovative solutions we are delivering for customers. All of this translated to us exceeding the high end of our guidance for both organic growth and adjusted earnings per share in the quarter.”
— Vimal Kapur, Q3 2025 Earnings Press Release
HON Earnings Trends
HON vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HON EPS Trend
Earnings per share: estimate vs actual
HON Revenue Trend
Quarterly revenue: estimate vs actual
HON Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $2.45 | — | $9.14B | -1.48% |
| Q4 25 BEAT FY | $2.54 | $2.59 | +1.97% | $9.76B | +38.99% |
| FY Full Year | $9.72 | $9.78 | +0.66% | $37.44B | -0.43% |
| Q3 25 BEAT | $2.57 | $2.82 | +9.87% | $10.41B | +2.46% |
| Q2 25 BEAT | $2.66 | $2.75 | +3.49% | $10.35B | +2.87% |
| Q1 25 BEAT | $2.21 | $2.51 | +13.64% | $9.82B | +2.32% |