Honeywell Spin-off: $4B M&A War Chest After Separation
Can the Honeywell Spin-off finally erase the conglomerate discount and turn Honeywell into a higher-growth industrial software story? Maik Kemper Editor in Chief This isn’t just a divestiture…
Honeywell International Inc. engages in the aerospace technologies, industrial automation, building automation, and energy and sustainable solutions businesses in the United States, Europe, and internationally. The company's Aerospace Technologies segment offers auxiliary power units, propulsion engines, integrated avionics, connectivity services, electric power systems, management and technical services, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; thermal systems; and spare parts; repair, overhaul,…
| Quarter | Revenue | YoY | Net Income | EPS (dil.) | YoY | Gross Margin | Op. Margin |
|---|---|---|---|---|---|---|---|
| Q1 2026 Mar 2026 | $9.14B | +2.4% | $821.0M | $1.29 | -41.9% | 38.7% | 19.0% |
| Q4 2025 Dec 2025 | $6.86B | — | $-115.0M | $0.46 | — | 36.1% | 10.4% |
| Q3 2025 Sep 2025 | $10.41B | — | $1.83B | $2.86 | — | 34.1% | 16.9% |
| Q2 2025 Jun 2025 | $10.35B | — | $1.57B | $2.45 | — | 38.9% | 20.4% |
| Q1 2025 Mar 2025 | $8.93B | — | $1.45B | $2.22 | — | 38.8% | 19.5% |
Data from Yahoo Finance. YoY compares the same quarter of the prior fiscal year.
Can the Honeywell Spin-off finally erase the conglomerate discount and turn Honeywell into a higher-growth industrial software story? Maik Kemper Editor in Chief This isn’t just a divestiture…