Honeywell Reports Strong Q3 2025 Earnings, Raises 2025 Profit Outlook Ahead of Solstice Spin‑Off

HON
October 23, 2025

Honeywell International Inc. (HON) reported third‑quarter 2025 revenue of $10.41 billion, up 7% year‑over‑year, and adjusted earnings per share of $2.82, surpassing the consensus estimate of $2.57. The company also raised its full‑year 2025 adjusted EPS guidance to $10.60–$10.70, a lift of 15% to 20% from the prior range of $10.24–$10.44. The announcement was made during the company’s earnings call on Thursday, October 23, 2025.

The aerospace segment drove the quarter, with sales of $4.51 billion, a 15% increase, and a segment profit of $1.178 billion, up 9% YoY. Building automation sales rose 7% to $1.878 billion, while industrial automation sales fell 4% to $2.274 billion. Energy and sustainability solutions generated $1.742 billion in sales, a 2% decline, but the segment profit rose 11% to $427 million.

Honeywell confirmed that its Solstice Advanced Materials spin‑off will be completed on October 30, 2025, and that the company’s backlog has reached a record $36.1 billion. Operating cash flow for the quarter was $3.30 billion, up 65% YoY, while free cash flow was $1.45 billion, down 16% YoY. The company’s full‑year 2025 sales guidance is $40.7 billion to $40.9 billion, with organic growth of 6% and a segment margin of 22.9% to 23.0%.

The strong aerospace momentum and record backlog underscore Honeywell’s continued execution advantage in its core businesses. By raising its profit outlook and confirming the Solstice spin‑off, the company signals confidence in its strategic transformation and the resilience of its portfolio. The announcement provides investors with clear, material data on revenue, profitability, and future cash‑flow prospects, making it a newsworthy event for the market.

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