Honeywell Projects 6-8% Revenue CAGR Through 2030, Targets Over $6.5B EBIT
HON sits 21% above its 52-week low of $186.76.
Summary
Honeywell unveiled comprehensive long-term financial guidance at its Investor Day, projecting a 6-8% revenue CAGR through 2030 and targeting over $6.5 billion in adjusted EBIT and $4 billion in free cash flow by then. For 2026, the company expects 7-9% organic sales growth and adjusted EBIT between $4.65 billion and $4.75 billion. This detailed outlook provides a forward-looking view following recent capital restructuring and a Q1 earnings report impacted by one-time charges. The guidance offers critical insights into the company's strategic direction and future profitability.
At the time of this announcement, HON was trading at $225.10 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $142.6B. The 52-week trading range was $186.76 to $248.18. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.