HON Balance Sheet, Income & Cash Flow

Income Statement HON
Line item	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	101.37	97.76	101.39	105.00	111.03	100.53	91.78	98.21	103.84	109.73	105.96	116.50
Cost of Revenue	72.83	67.77	71.40	72.90	77.15	66.65	62.34	63.00	65.43	68.83	65.19	73.47
Gross Profit	28.54	29.99	29.99	32.09	33.88	33.88	29.44	35.21	38.41	40.91	40.77	43.03
Research & Development	4.76	4.70	5.53	4.75	4.80	4.26	3.75	3.81	4.33	4.36	4.44	5.64
Selling, General & Administrative	13.88	12.68	14.38	15.77	16.07	15.11	13.42	13.70	15.27	15.21	16.68	16.96
Total Operating Expenses	13.88	12.68	14.38	15.77	16.07	15.11	13.42	17.51	19.59	19.70	20.42	22.59
Operating Income	14.67	17.30	15.61	16.33	17.81	18.76	16.02	17.70	18.82	21.20	20.35	20.43
Interest Expense	0.80	0.79	0.87	0.82	0.97	0.98	1.01	0.98	1.21	2.29	3.20	4.18
Pre-Tax Income	14.63	16.69	16.64	18.00	19.89	20.70	16.91	20.66	18.68	21.43	19.06	17.04
Income Tax Expense	3.74	4.41	4.14	13.89	1.75	3.64	3.23	4.64	4.13	4.49	3.81	3.14
Net Income	10.66	12.08	12.41	4.00	17.97	16.82	13.44	15.83	14.54	16.94	17.41	14.71
EBITDA	17.76	19.71	20.17	21.71	23.82	24.66	20.73	25.13	23.41	21.20	25.77	25.54

Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

Income Statement