Honeywell Reports Strong Fourth Quarter and Full Year Results

Fourth Quarter Highlights

Honeywell reported fourth quarter sales of $10.1 billion, with reported sales up 7% and organic sales up 2%, exceeding previous guidance. The company also reported fourth quarter earnings per share of $1.96 and adjusted earnings per share of $2.47, both exceeding previous guidance.

Full Year Achievements

In addition to a strong fourth quarter, Honeywell achieved full year operating cash flow of $6.1 billion and free cash flow of $4.9 billion, at the high end of previous guidance. The company deployed a record $14.6 billion of capital in 2024, including $8.9 billion to acquisitions.

Future Outlook

Honeywell expects adjusted earnings per share of $10.10 – $10.50 for 2025, representing a 2% – 6% increase. The company also announced plans to separate its Automation and Aerospace businesses, creating three industry-leading public companies.

Impact on Individuals

As a consumer, you may see increased options and innovation from the separate Automation and Aerospace companies. This could potentially lead to improved products and services for everyday use.

Global Implications

The separation of Honeywell’s businesses may have a significant impact on the global marketplace, potentially leading to increased competition and innovation in the Automation and Aerospace industries. This could benefit consumers worldwide by driving advancements in technology and services.

Conclusion

In conclusion, Honeywell’s strong performance in the fourth quarter and throughout 2024 reflects the company’s commitment to excellence and innovation. The planned separation of its businesses signals exciting opportunities for growth and development in the future.