Honeywell International (HON) Debt/Equity Ratio: History & Chart

Honeywell International Inc.(HON)

Conglomerates · Charlotte, NC

$207.66+4.22 (+2.07%)

Delayed quote: Sep 16, 2026, 4:00 PM EDT

About Honeywell International Inc.

Honeywell International Inc. functions as a global leader in diversified technology and manufacturing. Its Aerospace division furnishes a comprehensive array of products and services for the aviation and space industries. This includes crucial components like auxiliary power units, propulsion systems, integrated avionics, environmental control mechanisms, and electrical power solutions. The segment also supplies engine controls, flight safety systems, communication and navigation hardware, and advanced data and software applications. Additionally, it provides radar, surveillance systems, aircraft lighting, sophisticated instruments, satellite and space components, and aircraft wheels and brakes. Essential support services cover spare parts, repairs, overhauls, maintenance, thermal systems, and wireless connectivity management. The Honeywell Building Technologies unit focuses on creating smarter, safer, and more efficient structures. It develops software for optimizing and controlling building functions, alongside sensors, switches, control systems, and instrumentation for energy management. Offerings extend to access control systems, video surveillance, fire detection products, and the installation, upkeep, and upgrading of these systems. Within its Performance Materials and Technologies division, the company delivers solutions for automation control, instrumentation, and associated software and services. It also provides catalysts, adsorbents, specialized equipment, and consulting expertise. This segment supplies materials essential for manufacturing diverse end products, such as bullet-resistant armor, nylon, computer chips, and pharmaceutical packaging. Furthermore, it produces environmentally friendly materials with reduced and low global-warming potential, utilizing hydrofluoro-olefin technology. The Safety and Productivity Solutions group equips workers and industries with a wide range of products. These comprise personal protective equipment, apparel, gear, and footwear, alongside advanced gas detection technology. It offers cloud-based notification and emergency messaging systems, mobile devices and software, and solutions for supply chain and warehouse automation, including both equipment and software. Custom-engineered sensors, switches, and controls, as well as data and asset management productivity software solutions, also fall under this division. Established in 1906, Honeywell is headquartered in Charlotte, North Carolina.

Charlotte, NC

101,000 employees

www.honeywell.com

Industrials / Conglomerates

Sector: Industrials
Industry: Conglomerates
CEO: Vimal Kapur

View full financials

HON Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

1.35

DEBT TO EQUITY RATIO AVG TTM

1.95

DEBT TO EQUITY RATIO AVG 3Y

1.71

DEBT TO EQUITY RATIO AVG 5Y

1.48

DEBT TO EQUITY RATIO AVG 10Y

1.15

DEBT TO EQUITY RATIO AVG 15Y

0.96

DEBT TO EQUITY RATIO AVG 20Y

0.91

CURRENT VS TTM AVG

-30.96%

CURRENT VS 3Y AVG

-21.19%

CURRENT VS 5Y AVG

-9.26%

CURRENT VS 10Y AVG

+16.84%

CURRENT VS 15Y AVG

+40.36%

CURRENT VS 20Y AVG

+48.24%

SECTOR MEDIAN · INDUSTRIALS

0.59

median of 149 covered companies

CURRENT VS SECTOR MEDIAN

+128.35%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Honeywell International Inc. (HON)	$65.82B	1.35	1.95	1.71	1.48
Republic Services, Inc. (RSG)vs ›	$67.62B	1.19	1.15	1.19	1.16
United Rentals, Inc. (URI)vs ›	$62.63B	1.67	1.78	1.71	1.82
PACCAR Inc (PCAR)vs ›	$62.23B	0.72	0.86	0.88	0.92
Norfolk Southern Corporation (NSC)vs ›	$71.20B	1.02	1.16	1.23	1.14
TransDigm Group Incorporated (TDG)vs ›	$60.41B	N/A	3.42	2.87	2.73
FedEx Corporation (FDX)vs ›	$71.38B	1.36	1.35	1.38	1.42
W.W. Grainger, Inc. (GWW)vs ›	$59.41B	0.68	0.90	0.95	1.11
Canadian National Railway Company (CNI)vs ›	$72.28B	1.03	1.02	0.93	0.83
Cummins Inc. (CMI)vs ›	$72.79B	0.64	0.70	0.79	0.71

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Honeywell International Inc. (HON)

$65.82B

1.35

1.95

1.71

1.48

Republic Services, Inc. (RSG)vs ›

$67.62B

1.19

1.15

1.19

1.16

United Rentals, Inc. (URI)vs ›

$62.63B

1.67

1.78

1.71

1.82

PACCAR Inc (PCAR)vs ›

$62.23B

0.72

0.86

0.88

0.92

Norfolk Southern Corporation (NSC)vs ›

$71.20B

1.02

1.16

1.23

1.14

TransDigm Group Incorporated (TDG)vs ›

$60.41B

N/A

3.42

2.87

2.73

FedEx Corporation (FDX)vs ›

$71.38B

1.36

1.35

1.38

1.42

W.W. Grainger, Inc. (GWW)vs ›

$59.41B

0.68

0.90

0.95

1.11

Canadian National Railway Company (CNI)vs ›

$72.28B

1.03

1.02

0.93

0.83

Cummins Inc. (CMI)vs ›

$72.79B

0.64

0.70

0.79

0.71

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Honeywell International Inc. (HON)?

The debt to equity ratio for HON stock is 1.35.

Is Honeywell International Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 1.35 is in line with its 5-year average of 1.48, near the low end of its 5-year range (0.96–2.34).

What is the TTM average debt to equity ratio for Honeywell International Inc. (HON)?

The TTM average debt to equity ratio for HON stock is 1.95.

What is the 3Y average debt to equity ratio for Honeywell International Inc. (HON)?

The 3Y average debt to equity ratio for HON stock is 1.71.

What is the 5Y average debt to equity ratio for Honeywell International Inc. (HON)?

The 5Y average debt to equity ratio for HON stock is 1.48.

What is the 10Y average debt to equity ratio for Honeywell International Inc. (HON)?

The 10Y average debt to equity ratio for HON stock is 1.15.

What is the 15Y average debt to equity ratio for Honeywell International Inc. (HON)?

The 15Y average debt to equity ratio for HON stock is 0.96.

What is the 20Y average debt to equity ratio for Honeywell International Inc. (HON)?

The 20Y average debt to equity ratio for HON stock is 0.91.

DATE	DEBT TO EQUITY RATIO
2026-06-30	1.35
2026-03-31	1.72
2025-12-31	2.14
2025-09-30	2.21
2025-06-30	2.34
2025-03-31	1.95
2024-12-31	1.73
2024-09-30	1.84
2024-06-30	1.65
2024-03-31	1.53
2023-12-31	1.36
2023-09-30	1.18
2023-06-30	1.24
2023-03-31	1.13
2022-12-31	1.23
2022-09-30	0.96
2022-06-30	1.09
2022-03-31	1.05
2021-12-31	1.11
2021-09-30	1.19
2021-06-30	1.19
2021-03-31	1.19
2020-12-31	1.32
2020-09-30	1.23
2020-06-30	1.22
2020-03-31	0.91
2019-12-31	0.90
2019-09-30	1.03
2019-06-30	0.91
2019-03-31	0.86
2018-12-31	0.89
2018-09-30	1.00
2018-06-30	0.97
2018-03-31	1.04
2017-12-31	1.08
2017-09-30	0.80
2017-06-30	0.81
2017-03-31	0.78
2016-12-31	0.81
2016-09-30	0.83
2016-06-30	0.75
2016-03-31	0.77
2015-12-31	0.66
2015-09-30	0.59
2015-06-30	0.53
2015-03-31	0.55
2014-12-31	0.49
2014-09-30	0.47
2014-06-30	0.49
2014-03-31	0.52
2013-12-31	0.51
2013-09-30	0.58
2013-06-30	0.56
2013-03-31	0.57
2012-12-31	0.58
2012-09-30	0.61
2012-06-30	0.66
2012-03-31	0.67
2011-12-31	0.70
2011-09-30	0.70
2011-06-30	0.64
2011-03-31	0.65
2010-12-31	0.62
2010-09-30	0.70
2010-06-30	0.83
2010-03-31	0.84
2009-12-31	0.86
2009-09-30	0.87
2009-06-30	1.02
2009-03-31	1.14
2008-12-31	1.17
2008-09-30	0.96
2008-06-30	0.83
2008-03-31	0.84
2007-12-31	0.83
2007-09-30	0.95
2007-06-30	0.97
2007-03-31	0.65
2006-12-31	0.52
2006-09-30	0.48
2006-06-30	0.52
2006-03-31	0.49
2005-12-31	0.47
2005-09-30	0.48
2005-06-30	0.50
2005-03-31	0.53
2004-12-31	0.47
2004-09-30	0.45
2004-06-30	0.47
2004-03-31	0.51
2003-12-31	0.48
2003-09-30	0.53
2003-06-30	0.56
2003-03-31	0.56
2002-12-31	0.57
2002-09-30	0.47

DATE

DEBT TO EQUITY RATIO

2026-06-30

1.35

2026-03-31

1.72

2025-12-31

2.14

2025-09-30

2.21

2025-06-30

2.34

2025-03-31

1.95

2024-12-31

1.73

2024-09-30

1.84

2024-06-30

1.65

2024-03-31

1.53

2023-12-31

1.36

2023-09-30

1.18

2023-06-30

1.24

2023-03-31

1.13

2022-12-31

1.23

2022-09-30

0.96

2022-06-30

1.09

2022-03-31

1.05

2021-12-31

1.11

2021-09-30

1.19

2021-06-30

1.19

2021-03-31

1.19

2020-12-31

1.32

2020-09-30

1.23

2020-06-30

1.22

2020-03-31

0.91

2019-12-31

0.90

2019-09-30

1.03

2019-06-30

0.91

2019-03-31

0.86

2018-12-31

0.89

2018-09-30

1.00

2018-06-30

0.97

2018-03-31

1.04

2017-12-31

1.08

2017-09-30

0.80

2017-06-30

0.81

2017-03-31

0.78

2016-12-31

0.81

2016-09-30

0.83

2016-06-30

0.75

2016-03-31

0.77

2015-12-31

0.66

2015-09-30

0.59

2015-06-30

0.53

2015-03-31

0.55

2014-12-31

0.49

2014-09-30

0.47

2014-06-30

0.49

2014-03-31

0.52

2013-12-31

0.51

2013-09-30

0.58

2013-06-30

0.56

2013-03-31

0.57

2012-12-31

0.58

2012-09-30

0.61

2012-06-30

0.66

2012-03-31

0.67

2011-12-31

0.70

2011-09-30

0.70

2011-06-30

0.64

2011-03-31

0.65

2010-12-31

0.62

2010-09-30

0.70

2010-06-30

0.83

2010-03-31

0.84

2009-12-31

0.86

2009-09-30

0.87

2009-06-30

1.02

2009-03-31

1.14

2008-12-31

1.17

2008-09-30

0.96

2008-06-30

0.83

2008-03-31

0.84

2007-12-31

0.83

2007-09-30

0.95

2007-06-30

0.97

2007-03-31

0.65

2006-12-31

0.52

2006-09-30

0.48

2006-06-30

0.52

2006-03-31

0.49

2005-12-31

0.47

2005-09-30

0.48

2005-06-30

0.50

2005-03-31

0.53

2004-12-31

0.47

2004-09-30

0.45

2004-06-30

0.47

2004-03-31

0.51

2003-12-31

0.48

2003-09-30

0.53

2003-06-30

0.56

2003-03-31

0.56

2002-12-31

0.57

2002-09-30

0.47

Debt to Equity Ratio: 1.35

HON Debt to Equity Ratio

HON Average Debt to Equity Ratio Chart

HON Current vs Average Debt to Equity Ratio Chart

HON Debt to Equity Ratio Metrics

HON Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

HON Debt to Equity Ratio History

Related Metrics