HON Historical PE Ratio Notes

— Honeywell International Inc. (HON) is a diversified technology & manufacturing company that operates globally across several critical areas, including aerospace, building technologies, performance materials & technologies, and safety & productivity solutions. The company's broad presence means its earnings are influenced by trends in industrial growth, defense & commercial aerospace cycles, energy markets, and construction activity. For an investor examining HON's historical price-to-earnings (PE) ratio, it’s essential to understand that this ratio reflects both Honeywell’s earnings stability and the market's expectations for future growth. Periods of innovation, strong end-market demand, or successful cost initiatives may result in higher earnings and/or higher valuation (PE ratio), as the market anticipates robust growth or improved profitability. Conversely, during economic slowdowns, cyclical downturns in aviation, or supply chain disruptions, Honeywell's earnings can suffer, which typically pressures both the share price and the PE ratio. Additionally, Honeywell’s consistent dividends, strong balance sheet, and position as a large-cap industrial leader often support a more premium valuation compared to less diversified peers. As you review historical PE data, it’s useful to consider how macroeconomic conditions and industry shifts have driven changes in Honeywell’s earnings performance & investor sentiment over time.

On this page we presented the HON Historical PE Ratio information for Honeywell Intl' stock. The average HON historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 9.7. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average HON historical PE based on this TTM earnings result method is 10.0.

Let's now compare this HON historical PE result, against the recent PE: when this page was posted on 7/10/2026, the most recent closing price for HON had been 226.42, and the most recent quarterly earnings result, annualized, was 19.6. Meanwhile, the most recent TTM earnings summed to 21.22. From these numbers, we calculate the recent HON PE on 7/10/2026 based on annualized quarterly EPS was 11.6. Based on HON's history, that recent PE is elevated relative to the historical average, with the recent PE 19.6% higher than the historical average PE across our data set for Honeywell Intl. Looking at the recent HON PE on 7/10/2026 based on TTM EPS, we calculate the ratio at 10.7. Based on HON's history, that recent PE is elevated relative to the historical average, with the recent PE 7.0% higher than the historical average PE across our Honeywell Intl data set with TTM EPS used in the calculation at each period.

Another interesting HON historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for HON, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for HON, we start with the past four EPS numbers and we first sort them from lowest to highest: 4.90, 5.18, 5.50, and 5.64. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 5.18 and 5.50 — which gives us the median of 5.34. Basically the way to think about this 5.34 number is this: for the trailing four earnings reports, 5.34 marks the "middle ground" number where HON has reported a value higher than 5.34 half the time, and has reported a value lower than 5.34 half the time. Annualizing that median value then gets us to 21.36/share, which we use as the denominator in our next PE calculation. With 226.42 as the numerator (as of 7/10/2026), the calculation is then 226.42 / 21.36 = 10.6 as the HON PE ratio as of 7/10/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on HON or any other given stock, valuation analysis for HON can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Honeywell Intl PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for HON. Thanks for visiting, and the next time you need to research HON Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.