Makes aerospace components, building automation systems, industrial controls and performance materials.
Honeywell (HON) scores 6.3 out of 10 as of , computed from its reported financial statements. That reads as solid quality. The reading rests on profitability, and growth is what holds it back.
Data provided by Twelve Data. Scores are computed by Lemma Analysis from reported financials.
We cannot judge Honeywell yet, because fewer than five years had both a return on capital and a cost of capital we could measure. This is not a “no”.
Quantitative signs of a moat, read from the filed statements. This is not a judgement of where it comes from (brand, network effects, switching costs). How Lemma measures a moat →
A diversified industrial averages several businesses on different cycles, which tends to produce a steadier score than any of the parts would earn alone. Efficiency and predictability are where that diversification shows up. The open question is whether the portfolio is genuinely worth more held together, and pillar-level detail is a reasonable place to start.
The Quality Score for HON stands at 6.3 out of 10 as of October 18, 2026, which puts Honeywell in the solid quality band. This band covers companies that do several things well but not everything, so the pillar detail below matters more than the headline. It rolls Honeywell’s profitability, solvency, growth, efficiency and predictability into one number, each judged against the norms of its sector.
Set against 270 Industrials companies, Honeywell lands at the 66th percentile, in the better half of its peers. The median across the group is 5.6, and the top quarter begins at 6.5, so Honeywell is above the typical company here.
On profitability, Honeywell scores 8.4, a strong reading. Its peers have a median of 4.9 across 262 Industrials companies, which places it well above them, at the 92nd percentile. High profitability means each unit of capital and of sales is turning into more profit than at most of its peers, which is usually the first sign of pricing power or a cost advantage.
On solvency, Honeywell scores 5.1, an average reading. Its peers have a median of 7.1 across 241 Industrials companies, which places it well below them, at the 29th percentile. Middling solvency says the balance sheet is neither a strength nor a constraint today.
Growth scores 3.3 out of 10, which reads as weak. The median across 216 Industrials companies is 5.4, so Honeywell is well below its peers on this pillar and ranks at the 24th percentile. A low growth score is common for large, established companies and is not a verdict on quality on its own, but it limits how the business can compound.
Efficiency scores 6.3 out of 10, which reads as average. The median across 264 Industrials companies is 6.2, so Honeywell is in line with its peers on this pillar and ranks at the 53rd percentile. An average efficiency reading suggests the business turns its assets and earnings into cash at roughly the rate its sector does.
Predictability scores 7.7 out of 10, which reads as strong. The median across 267 Industrials companies is 5.0, so Honeywell is well above its peers on this pillar and ranks at the 91st percentile. A strong predictability score rewards consistency: revenue and earnings that rarely surprise in either direction.
The gap between Honeywell’s best and worst pillar is wide: profitability at 8.4 against growth at 3.3, 5.1 points apart. An average of two readings this different deserves a closer look than the headline number. A profitability lead usually reflects something durable in the business model rather than a good year. Slow growth limits how fast the business can compound, even when everything else is in order.
The pillar with the most room to move the score is growth. If it rose to the median of Industrials companies, 5.4, Honeywell’s overall score would go from 6.3 to about 6.7. The weights add up to 100 points (profitability 25, solvency 20, growth 20, efficiency 15, predictability 20), and Honeywell has a reading on every pillar.
For a fair comparison, start with companies of a similar size: the Industrials companies below are nearest to Honeywell by market value, each scored on the same pillars.
How much profit the company generates from its capital and sales.
The company’s ability to service debt and meet its obligations.
How fast revenue, earnings and cash flow are compounding.
How well assets and earnings convert into cash and output.
How stable and consistent results have been over time.
Each metric is scored from 0 to 10 against sector-aware benchmarks, where higher is better. Metrics roll up into five pillars, and the pillars combine into the overall score using the weights shown. Sector-sensitive metrics are judged relative to peers in the same sector.
This score is a systematic, backward-looking read of reported fundamentals. It does not judge valuation, management quality, competitive moat, or future prospects, and can be distorted by one-off items or unusual accounting. Treat it as a starting point, not a recommendation.
Educational only. Not investment advice.
On this reading Honeywell scores 6.3 out of 10, which reads as solid quality. Its strongest pillar is profitability, its weakest is growth. Quality is not the same as a good investment: the score says nothing about the price you would pay.
Honeywell ranks at the 66th percentile of the 270 Industrials companies Lemma publishes a score for. The median there is 5.6 and the top quarter starts at 6.5, against Honeywell’s 6.3.
Five pillars, each scored from 0 to 10 against sector-aware benchmarks and then weighted into one overall reading: profitability, solvency, growth, efficiency and predictability. Everything comes from reported financials, and nothing comes from price, sentiment or forecasts.
This page last changed on October 18, 2026. The score moves with the financial statements, so the page changes when a new filing moves the reading rather than on a schedule. Live figures for HON are in the app.
No. Quality and valuation are separate questions, and a good business at the wrong price is still a bad purchase. Score the business here, then price it with a DCF you control.
Inside Lemma Analysis the same five pillars run on every company we cover, with the metrics behind each one, current fundamentals, a DCF you control and a watchlist that tells you when the price catches up.
Free to start · No credit card