Honeywell Aerospace Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	17,915	17,404	15,445	13,790
Revenue Growth	-	12.68%	12.00%	-
Cost of Revenue	11,728	11,341	9,943	8,507
Gross Profit	6,187	6,063	5,502	5,283
Selling, General & Admin	2,062	1,524	1,426	1,213
Research & Development	713	677	567	506
Other Operating Expenses	307	268	168	139
Operating Expenses	3,082	2,469	2,161	1,858
Operating Income	3,105	3,594	3,341	3,425
Earnings From Equity Investments	25	24	27	46
EBT Excluding Unusual Items	2,901	3,618	3,368	3,471
Other Unusual Items	-307	-269	-	-
Pretax Income	2,594	3,349	3,368	3,471
Income Tax Expense	612	627	519	557
Earnings From Continuing Operations	1,982	2,722	2,849	2,914
Minority Interest in Earnings	-36	-35	-32	-28
Net Income	1,946	2,687	2,817	2,886
Net Income to Common	1,946	2,687	2,817	2,886
Net Income Growth	-	-4.61%	-2.39%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 27, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	2,496	3,201	2,050	2,597
Gross Margin	34.53%	34.84%	35.62%	38.31%
Operating Margin	17.33%	20.65%	21.63%	24.84%
Profit Margin	10.86%	15.44%	18.24%	20.93%
Free Cash Flow Margin	13.93%	18.39%	13.27%	18.83%
EBITDA	3,538	4,006	3,687	3,727
EBITDA Margin	19.75%	23.02%	23.87%	27.03%
D&A For EBITDA	433	412	346	302
EBIT	3,105	3,594	3,341	3,425
EBIT Margin	17.33%	20.65%	21.63%	24.84%
Effective Tax Rate	23.59%	18.72%	15.41%	16.05%
Revenue as Reported	17,915	17,404	15,445	13,790