Honeywell International Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Honeywell International Inc (HON). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Aerospace Technologies | – | – | $11.83B 33.4% | $13.62B 41.3% · +15.2% | $15.46B 44.6% · +13.5% | $17.51B 46.8% · +13.3% |
| Industrial Automation | – | – | $11.64B 32.8% | $10.76B 32.6% · -7.6% | $10.05B 29.0% · -6.6% | $9.40B 25.1% · -6.5% |
| Building Automation | – | – | $6.00B 16.9% | $6.03B 18.3% · +0.5% | $6.54B 18.9% · +8.4% | $7.37B 19.7% · +12.6% |
| Energy and Sustainability Solutions | – | – | $6.00B 16.9% | $2.59B 7.8% · -56.9% | $2.64B 7.6% · +2.2% | $3.13B 8.4% · +18.5% |
| Aerospace | $11.54B 35.4% | $11.03B 32.1% · -4.5% | – | – | – | – |
| Honeywell Building Technologies | $5.19B 15.9% | $5.54B 16.1% · +6.7% | – | – | – | – |
| Performance Materials and Technologies | $9.42B 28.9% | $10.01B 29.1% · +6.3% | – | – | – | – |
| Safety and Productivity Solutions | $6.48B 19.9% | $7.81B 22.7% · +20.6% | – | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Aerospace Technologies | – | – | $3.25B 27.5% | $3.76B 27.6% | $3.99B 25.8% | $4.28B 24.5% |
| Industrial Automation | – | – | $2.15B 18.5% | $2.21B 20.5% | $1.96B 19.5% | $1.74B 18.5% |
| Building Automation | – | – | $1.46B 24.4% | $1.53B 25.4% | $1.68B 25.7% | $1.95B 26.5% |
| Energy and Sustainability Solutions | – | – | $1.56B 25.9% | $569.0M 22.0% | $615.0M 23.3% | $692.0M 22.1% |
| Aerospace | – | – | – | – | – | – |
| Honeywell Building Technologies | – | – | – | – | – | – |
| Performance Materials and Technologies | – | – | – | – | – | – |
| Safety and Productivity Solutions | – | – | – | – | – | – |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| U.S. Plans | $19.67B 60.3% | $20.66B 60.1% · +5.1% | $21.26B 60.0% · +2.9% | $18.70B 56.6% · -12.1% | $19.53B 56.3% · +4.5% | $21.78B 58.2% · +11.5% |
| Europe | $6.36B 19.5% | $6.80B 19.8% · +7.0% | $6.84B 19.3% · +0.6% | $7.27B 22.0% · +6.2% | $7.96B 22.9% · +9.6% | $8.11B 21.7% · +1.9% |
| Other international | $6.62B 20.3% | $6.93B 20.2% · +4.7% | $7.36B 20.8% · +6.3% | $7.05B 21.3% · -4.3% | $7.22B 20.8% · +2.5% | $7.55B 20.2% · +4.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Product | $24.74B 75.8% | $25.64B 74.6% · +3.7% | $25.96B 73.2% · +1.2% | $22.35B 67.7% · -13.9% | $22.84B 65.8% · +2.2% | $24.52B 65.5% · +7.3% |
| Service | $7.90B 24.2% | $8.75B 25.4% · +10.7% | $9.51B 26.8% · +8.7% | $10.66B 32.3% · +12.2% | $11.88B 34.2% · +11.4% | $12.93B 34.5% · +8.8% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 7, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.