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	Mar '26 Mar 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	17,682	17,404	15,445	13,790
Revenue Growth (YoY)	-	12.68%	12.00%	-
Cost of Revenue	11,512	11,341	9,943	8,507
Gross Profit	6,170	6,063	5,502	5,283
Selling, General & Admin	1,723	1,524	1,426	1,213
Research & Development	697	677	567	506
Other Operating Expenses	278	268	168	139
Operating Expenses	2,698	2,469	2,161	1,858
Operating Income	3,472	3,594	3,341	3,425
Earnings From Equity Investments	25	24	27	46
EBT Excluding Unusual Items	3,468	3,618	3,368	3,471
Other Unusual Items	-252	-269	-	-
Pretax Income	3,216	3,349	3,368	3,471
Income Tax Expense	638	627	519	557
Earnings From Continuing Operations	2,578	2,722	2,849	2,914
Minority Interest in Earnings	-34	-35	-32	-28
Net Income	2,544	2,687	2,817	2,886
Net Income to Common	2,544	2,687	2,817	2,886
Net Income Growth	-	-4.61%	-2.39%	-
Free Cash Flow	2,663	3,201	2,050	2,597
Gross Margin	34.89%	34.84%	35.62%	38.31%
Operating Margin	19.64%	20.65%	21.63%	24.84%
Profit Margin	14.39%	15.44%	18.24%	20.93%
Free Cash Flow Margin	15.06%	18.39%	13.27%	18.83%
EBITDA	3,893	4,006	3,687	3,727
EBITDA Margin	22.02%	23.02%	23.87%	27.03%
D&A For EBITDA	421	412	346	302
EBIT	3,472	3,594	3,341	3,425
EBIT Margin	19.64%	20.65%	21.63%	24.84%
Effective Tax Rate	19.84%	18.72%	15.41%	16.05%
Revenue as Reported	17,682	17,404	15,445	13,790